From July 29 to July 31 2020, VeChain proudly joined hands with Avery Dennison Intelligent Labels to attend the 14th International Internet of Things Exhibition (hereafter referred to as IOTE 2020) held in Shenzhen, China. As the largest and most comprehensive IoT expo in Asia, IOTE 2020 gathered more than 800 professionals from enterprises, and more than 130,000 professional visitors and purchasers in various industries including but not limited to food, retail and automobile.
Elliptic, the global leader in cryptoasset risk management solutions, today announced a partnership with LocalBitcoins, the world's leading peer-to-peer (P2P) bitcoin exchange. LocalBitcoins now uses Elliptic's industry-leading suite of blockchain monitoring tools to prevent the illicit use of its platform and comply with regulations such as the EU's 5th Money Laundering Directive (5AMLD) and know-your-customer (KYC) regulations. By integrating with Elliptic Navigator to screen crypto transactions, and Elliptic Lens to screen wallets, LocalBitcoins have now automated their compliance and anti-fraud processes to drive cost savings and reduce risk.
ReitBZ, a leveraged token backed by real estate issued by BTG Pactual, will be the first product of its kind to distribute portfolio profits to investors, with payments made via smartcontract using blockchain technology, an unprecedented development in the global financial market. Smartcontracts have undergone security audits by Chain Security (for Ethereum blockchain) and by Least Authority (for Tezos blockchain).
Voatz, a leading mobile voting platform, meets the applicable requirements for U.S. voting systems, according to Pro V&V, an independent, federally-certified Voting System Test Laboratory (VSTL). Pro V&V recently completed comprehensive testing of the Voatz Remote Accessible Ballot Delivery, Marking and Return (RABDMR) System.
Valid Network announced today that it has raised an $8M seed round to enable companies to adopt and automatically protect blockchain technology with confidence. Founded by security veterans Kfir Nissan and Gilad Eisenberger, Valid Network's solution is protocol-agnostic and ensures compliance while dynamically detecting and preventing breaches and attacks. The company will use the funding to fuel further research and development of its solution and increase its engineering and research teams in Israel. Valid will also open an office in New York City, scaling business development and partnership efforts there.
Keevo, next gen crypto hardware wallet, today announced a strategic partnership with Iron Mountain (NYSE: IRM), the storage and information management services company enabling digital transformation, to deliver advanced backup and beneficiary services for users of its next generation crypto wallet, the Keevo Model 1. This new partnership and service further Keevo's mission to provide security, simplicity, and privacy for users to manage their online identity and digital assets.
Elliptic, the global leader in cryptoasset risk management solutions, today launched support for privacy coins Zcash and ZEN, enabling crypto businesses to adopt these assets in a compliant way. Genesis, an industry pioneer and leader in digital currency trading and lending will be using Elliptic's transaction and wallet monitoring solutions to detect and prevent illicit activity in Zcash and ZEN.
Ideanomics is pleased to announce that its Mobile Energy Global (MEG) subsidiary, Qingdao Ai Neng Ju New Energy Sales Company Ltd, based at its Qingdao EV hub has completed its order for Tianjin Zhongcheng Jiaye Automobile Trading Co., Ltd. (Tianjin Zhongcheng), which was recently announced on June 19, 2020. In addition to the physical vehicle delivery, the financing, licensing, insurance, and vehicle registration plate administration are all complete. This allows for the issuance of PRC tax invoices, which can only be issued when an order is complete in its entirety. MEG has issued a tax invoice to Tianjin Zhongcheng finalizing the completion of this order.
TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTC:SQRMF) ("TAAL" or the "Company"), a vertically integrated, blockchain infrastructure and service provider, enabling customized solutions to enterprise clients, today announces data size upgrade to 10MB.
L3COS, the only known blockchain platform for the regulated digitalization of economies, today submitted its proposal to the Bank of England to build the world's first regulated blockchain-based operating system. The Bank of England is one of several sovereign authorities, including the US Treasury, which have begun the process of investigating the application of regulated blockchain technologies. These will provide these institutions with fast, secure and transparent means of payment as well as efficiencies of administration.