Proof of Capital: A New Blockchain Venture Fund Worth $50 Million

A new blockchain-focused venture capital fund called Proof of Capital has been established by a group of investors. The aim of the $50 million USD fund is to encourage further adoption of blockchain technology. Blockchain Venture Fund: Proof of Capital The new fund has been founded by three partners: Phil Chen, Chris McCann, and Edith…

Blockchain and Its Impact on Communications and Beyond

When people see blockchain, the first thing they probably think of is cryptocurrencies and Bitcoin. No doubt blockchain has been thrust into the limelight by the unprecedented popularity of Bitcoin and the universe of cryptocurrencies, but blockchain is more than just a technology used in transactions. Blockchain, simply put, is a distributed ledger of digital…

LVMH Blockchain: Louis Vuitton on the Blockchain?

Blockchain technology has many uses. Mostly synonymous with the financial sector and for crypto trading, it might surprise some to learn that the fashion industry has found a clever use for the technology. Dubbed the AURA blockchain, luxury brand conglomerate and owner of the Louis Vuitton fashion label, LVMH, has developed the LVMH blockchain. The…

Santander Bank Enters $700 Million Deal to Use IBM Blockchain

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s services…

Ripple Adds 11 New Universities and Extends UBRI Footprint

Ripple has added 11 new universities to its University Blockchain Research Initiative (UBRI). With a strong emphasis on developing the upcoming generation of developers, the UBRI is designed to develop blockchain-focused academia and research. Ripple is extending its footprint globally by adding 11 new universities to its program. 11 New Universities to UBRI The UBRI launched…

IBM Blockchain Trial Successfully Completed With Mandarins

Computer giant IBM has successfully completed another blockchain trial with the help of 28 tons of mandarin oranges. The tech behemoth tracked a shipment of mandarins from China to Singapore and used the innovative technology to do so. IBM Blockchain Trial The trial consisted of 28 tons of mandarin oranges (which equates to 3,000 cartons), delivered…

Dragonchain Partnership With Hurify: IoT and Blockchain Merger

A Dragonchain partnership was announced earlier today. The blockchain leader is partnering with Hurify Digital Markets to revolutionize decentralized IoT and blockchain development. Dragonchain Partnership The US’s Dragonchain is a blockchain developer that works across four business areas: enterprise services, entertainment, education, and project incubation/acceleration. The company wants to empower businesses with an enterprise-grade blockchain solution. Hurify, at its core, is a…

Blockchain Phone: Will Samsung Enter the Ring? Trademarks Say Yes!

The excitement of late in blockchain has centered around a particular blockchain phone. A first of its kind, this phone has crypto nerds alike beaming with joy; the idea of decentralized apps running on your phone is exciting, and that’s before we consider all the crypto possibilities. Blockchain Phone It started with Sirin Labs, whose pioneering…

The US Department of Homeland Security Offers $800K for Blockchain-Based Anti-Forgery Software Development

The US Government has just released an announcement that it is offering grants up to $800 thousand for the development of a blockchain-based anti-forgery solution. The US Department of Homeland Security is focusing its blockchain efforts on enhancing its capabilities of spotting fake documentation. US Department of Homeland Security and Blockchain The DHS, through its…