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Credits chief executive: Blockchain needs more complex services to satisfy the masses

In a recent interview with Learnbonds.com, Credits.com Chief Executive Igor Chugunov gave insights on how the platform manages 1 million transactions per second. During the session, Igor shared on Credits.com expansion plans and also the motivation behind the ERC-20 CS token swap to CS coin. The executive further highlighted how blockchain companies can attract the…

Blockchain-as-a-Service Platform SettleMint plots growth After €1.9M fundraise

Max Moeller

Belgium-based Blockchain-as-a-Service (BaaS) platform SettleMint has landed a €1.9m investment from Dutch venture capital firm KPN Ventures and its US counterpart Medici Ventures to grow its enterprise blockchain development. SettleMint has raised a total of €5.5m from investors, ensuring the business can expand its services to Europe the Middle East and Asia, it said in…

Blockchain-Based Trading Platform Vakt Receives $5 Million Investment From Saudi Aramco

Max Moeller

Saudi Arabia-based oil company Saudi Aramco has just put $5 million into a blockchain-based trading platform, Vakt, according to Reuters. Vakt is a cryptocurrency trading platform with the goal of expanding into other countries with a focus on Asia, and Saudi Aramco’s investment will ensure they can do just that. The $5 million represents entirely…

Regulatory Burden on US Banks Not Easing Yet

Blockchain Association Launches Market Integrity Working Group to Establish Regulatory Clarity

Max Moeller

The Blockchain Association, the self-described “unified voice of the blockchain industry,” has put together what it calls a “Market Integrity Working Group.” Essentially, this group is meant to make sure that there is “transparency and fairness” within the cryptocurrency and trading markets. Co-chairing the group is Breanne Madigan, the Head of Global Institutional Markets at…

Ditto

Ditto Music to Launch Blockchain-Based Royalties Service for Artists

Max Moeller

Ditto Music, a worldwide online music distributor, is launching a new publishing division on top of a blockchain-based music solution that should increase how much money artists are making on streaming platforms like Spotify, Apple Music, and more. They’ll be calling the project Bluebox, and it will take advantage of the blockchain to automatically record…

Blockchain Association Comes Out in Favor of Telegram in Ongoing SEC Lawsuit

Max Moeller

Telegram is now being supported by the Blockchain Association in its long-running battle with the SEC. Long story short, the SEC is accusing Telegram of holding an initial coin offering without registering themselves with the company. The ICO was blocked by the SEC in October and worth $1.7 billion at the time. However, there is…

Cardano

Cardano Working With Republic of Uzbekistan to Build Blockchain Task Force

Max Moeller

Cardano (ADA), one of the more popular cryptocurrency projects that’s working on developing smart contracts (similar to Ethereum) is working with the Republic of Uzbekistan and its government to build a “blockchain task force,” according to a press release. Other groups, such as the National Agency of Project Management (NAPM) under the government there are…

Blockchain

Minister Looking to Blockchain to Improve Government Schooling in India

Max Moeller

Rave Shankar Prasad, a Telecom and IT minister, is looking into blockchain technology to “improve the quality of government schools,” according to a release on Your Story.com. More specifically, he’s looking toward the National Informatics Centre (NIC) to do so. Prasad believes what many blockchain enthusiasts do: that blockchain technology can help the world of…

Blockchain Transaction Times vs. Money Transfers: Blockchain Continues to Dominate

The Bitcoin blockchain execution time dropped in January 2020 compared to the last quarter of 2019. Data gathered by LearnBonds.com shows that by January 15, Bitcoin execution time was 8.27 minutes. This is a drop of about 20% compared to December’s 10.36. There was a steady increase in the transaction time from July to December…