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Security Matters is bringing blockchain technology to the cannabis industry. It recently filed a patent for a distributed ledger network for cannabis supply-chain. What’s the new blockchain all about? The new blockchain solution from Security Matters is designed to handle the supply side of the cannabis industry. It can be used to manage and track…
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Kiva, a blockchain nonprofit from San Francisco, just revealed that it is launching a blockchain-based network for credit and credit history within Sierra Leone. They’re partnering with the local Government to do so. This news comes to us via CoinTelegraph. The project went live on August 21, with Julius Maada Bio, President of Sierra Lione,…
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Metal Pay, a peer-to-peer payment platform, just brought in a significant investment from Erik Finman, also known as the world’s youngest Bitcoin millionare. Essentially, the Metal Pay project looks to build an “all-in-one” platform for banking cryptocurrency. It will include but isn’t limited to a cryptocurrency exchange, a bank application, and payment transfer systems not…
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A blockchain startup focusing on customer relationship management (CRM) based in San Francisco, Cere Network, just brought in $3.5 million in a funding round, reports CoinTelegraph. Investors included but aren’t limited to Binance Labs – a subsidiary of the Binance cryptocurrency exchange – Neo Global Capital, Fenbushi Capital, Kenetic Capital, Alphabit Fund, Monday Capital, and…
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Twitter, the social media platform that’s already viewed as somewhat divisive thanks to its Founder and CEO Jack Dorsey, has been running ads for Xinhua News, a Chinese news publication going after the protestors in Hong Kong, reports The Next Web. The promotions were done via promoted tweets, according to the Pinboard Twitter account, which…
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Power Ledger, an energy company based in Australia, has partnered with Japan-based Kansai Electric Power Co. (KEPCO) to test a blockchain system for “post-FIT (feed-in tariff) surplus power in the city of Osaka, reports CoinTelegraph. This news comes to us via an announcement on August 12 made via Power Ledger, who noted that the test…
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The United States Securities and Exchange Commission has just put out an “emergency lawsuit” in an attempt to stop Veritaseum, a platform that builds “blockchain-based, peer-to-peer capital markets as software on a global scale” from spending the money it “earned” via its recent ICO, reports The Block. According to the SEC, this ICO was put…
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Blockchain is one of the most promising technologies of modern times. While the concept of distributed ledgers (DLT) has been around for a long time, its first implementation was done by a developer (a group of developers) called Satoshi Nakamoto in a new cryptocurrency called Bitcoin. In the last decade, blockchain has grown from being…
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In the US, Bank of America (BOA) is one of the leading holders of blockchain patents. Yet, they have just registered another one. The new patent filing on Google Patents states that BOA will adopt the power of the Ripple blockchain within a new interbank settlement and communication system. What is blockchain A blockchain is…
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Whether it’s mobile banking, cryptocurrencies like Bitcoin, or customer onboarding times that now take minutes instead of days or weeks – The FinTech industry is moving at an incredible pace. However, we are still a long way away from what FinTech of the future will look like. Notably, with the likes of machine learning and…
