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Daimler and LBBW issue $114M corporate bond using blockchain
Automobile maker Daimler AG and German banking group Landesbank Baden-Württemberg announced the successful test of a distributed ledger technology network, or blockchain technology, to execute a €100 corporate bond, or about $114 million USD. The transaction took place yesterday and involved Daimler executing the one-year corporate bond through LBBW known as a Schuldschein, which is ...
IBM and Lightbend join forces on enterprise AI for Scala and Java developers
IBM Corp. announced a collaboration today with Lightbend Inc. in a bid to fire up the creation of artificial intelligence applications in large enterprises. Lightbend is the provider of the world’s leading development platform for so-called “Reactive” applications, which are highly distributed, flexible and tolerant of failures. Together, the two companies seek to build a complete ...
Live payments are finally coming to virtual reality via Payscout app
Soon you’ll be able to buy stuff in virtual reality as easily as in the physical world. Merchant payment transaction processing firm Payscout Inc. announced today its foray into the emerging industry of virtual reality commerce. The application, known as Payscout VR Commerce, will enable frictionless payments in VR experiences, allowing consumers to shop and purchase ...
Virtual reality startup Spectiv announces token crowdsale for community-driven content
Spectiv, a virtual reality startup building a community-driven content platform for 360-degree and VR videos, announced a crowdsale of tokens to fund its launch slated to occur in 2018. The crowdsale, set to begin on Dec. 8, will be used to fund the startup and set the stage to encourage the adoption and sharing of ...
Comcast joins NBC and Disney to build a blockchain TV ad platform
Telecom and media giant Comcast Corp. announced today the development of a new blockchain solution for premium advertising. Built on a distributed cryptographic ledger, or a blockchain, the Blockchain Insights Platform is aimed at improving the efficiency of premium video advertising with the expectation it will reduce costs while delivering better planning, targeting and execution ...
Nokia explores virtual reality ads for its upcoming health products
Finnish technology company Nokia Corp. announced today the first demonstration of a virtual reality advertisement campaign focused on its new lineup of smart health products. The campaign makes use of the OZO, Nokia’s high-end professional 360-degree video camera, and shows how virtual reality can be used to assist in e-commerce for the portrayal and sale ...
Bitfury Group and Risk Cooperative partner up on insurance blockchain applications
U.S. blockchain company Bitfury Group Ltd. today announced a partnership with Risk Cooperative, a risk and insurance advisory firm, to pioneer blockchain applications in the $60 billion insurance intermediation market. Risk Cooperative hopes to apply Bitfury’s expertise and infrastructure to develop applications that will use cryptographically secured peer-to-peer ledger technology, or blockchain technology, for robust ...
Getty Images joins with Jaunt to expand virtual reality video offerings
Famous for its stock photos and video, Getty Images Inc. is now doubling down on virtual reality with a new deal. Getty today announced an extensive distribution partnership for VR and 360-degree video with Jaunt Inc., a leader in high quality cinematic virtual reality. This new partnership will bring cinema-quality VR video to Getty’s stable of media and open ...
AI-augmented crowdsourcing company CrowdFlower raises $20M for enterprise push
Crowdsourced labor and artificial intelligence company CrowdFlower Inc. announced today that it has raised $20 million in venture capital to expand its efforts further into the enterprise. The round, led by Industry Ventures LLC, also included new investor Salesforce Ventures alongside existing investors Canvas Ventures, Microsoft Ventures and Trinity Ventures. People power and machine learning go ...
Blockchain outfit Stratumn raises $7.8M for enterprise data security offering
Paris-based European blockchain security management company Stratumn SAS announced Thursday that it has completed a $7.8 million (€7 million) funding round to advance its stake in the blockchain market for regulatory compliance. Stratumn produces solutions using blockchains, distributed cryptographically secured ledgers, designed to enhance the security and integrity of data. With a blockchain, a company ...