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World Wildlife Fund launches blockchain to build trust in ethically sourced food
The environmental group World Wildlife Fund announced late Wednesday the launch of a blockchain distributed ledger platform that will help food businesses remove illegal, environmentally damaging and unethical products from their supply chains. The platform, dubbed OpenSC, would create transparency between customers and businesses, allowing the general public to discover the full history of a ...
Ford joins IBM in blockchain pilot to track cobalt mined in Congo
Automaker Ford Motor Co. announced Tuesday that the company will use IBM Corp.’s blockchain-based platform to track cobalt sourced from a Chinese-owned mine in Congo to its electric car battery manufacturing plants. The objective of the partnership is to create better tracking for sourcing the mineral to ensure that it is being ethically mined by ...
Blockchain-based fast identity verification startup Authenteq raises $5M
Berlin- and Reykjavik, Iceland-based identity management startup Authenteq Ltd. today announced that it has closed a $5 million funding round in just two weeks. This funding represents the first close of two in the company’s Series A round led by Draper Associates and Capital300 GmbH. The latest round brings the total invested in Authenteq to $7 ...
China passes strict blockchain regulations requiring more government scrutiny
The Chinese government announced today that companies using distributed ledger blockchain technology in the country must adhere to strict new regulations requiring them to censor content, allow authorities access to data and identify users. The new regulations go into effect on Feb. 15, and will be enforced by the Cyberspace Administration of China. The CAC ...
Alipay and Telenor launch blockchain cross-border payments between Pakistan and Malaysia
Telenor Microfinance Bank Ltd. and Valyou Sdn Bhd, a remittance company and subsidiary of Telenor Group, today announced the launch of a distributed ledger blockchain-based payment platform. The cross-border platform, based on the Alipay platform developed by Ant Financial Services Group, is intended to make it faster and easier for Pakistanis living in Malaysia to ...
Nuggets and Lateral Pay bring blockchain-based identity services to merchants
Blockchain-powered decentralized digital identity and payments company Nuggets Ltd. Thursday announced a partnership with Lateral Payment Solutions Ltd. to integrate a distributed ledger identity solution for merchants to allow them to avoid usernames and passwords. Using a distributed ledger blockchain, Lateral Pay will be able to offer merchants the ability to interact with customers without the ...
HashCash unveils blockchain gaming platform for the UK market
California-based HashCash Consultants LLC, a blockchain distributed ledger consulting company, announced today that the company will bring its blockchain-based gaming platform into the United Kingdom video game market. The platform provides a blockchain system that enables video game developers to issue trustworthy digital currencies and track in-game items within a secure ecosystem. This makes it ...
Philippine money transfer company Bloom looks to Remiit for blockchain payments
Philippine-based money transfer company Bloom Inc. today announced a partnership with distributed ledger blockchain-powered remittance platform Remiit Project to bring the platform’s capabilities to Southeast Asian markets. The Philippines is a country with high barriers to financial services because only about three of five people have access to bank accounts. As a provider of money transfers, Bloom ...
Waves secures $120M for large-scale blockchain integration with the Vostok project
Waves Platform AG, a fast-transaction blockchain distributed ledger platform service company, secured $120 million in private funding Wednesday to launch its private blockchain platform and system integrator, Vostok. The company began development on the Vostok project to address the needs of large enterprise companies and public institutions looking form the basis of their own blockchain-based ...
Atari partners with Animoca to put ‘RollerCoaster Tycoon’ on the blockchain
Arcade and video game company Atari SA announced today a partnership with Animoca Brands Ltd. to publish blockchain-based versions of classic Atari games. As part of the partnership, Animoca will receive the rights to develop and publish blockchain-based versions of the Atari mobile game titles “RollerCoaster Tycoon Touch” and “Goon Squad” globally, excluding China, Hong Kong, Taiwan ...