Singapore-based blockchain technology developer Pundi X and Cyprus-based artificial intelligence firm Borghese Ventures have signed a Memorandum of Understanding (MoU) to explore the implementation of blockchain technology for private and public sectors based in Cyprus. The signing on November 9th was witnessed by H.E. Mr. Demetris Syllouris, the President of the Parliament of the Republic of Cyprus in Shenzhen, China.
StockCharts.com has announced the addition of cryptocurrency data to its award-winning financial charting platform and full suite of investment analysis tools. The initial slate of data includes 15 prominent cryptocurrencies, including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Monero and many more, with others expected to be added in the near future.
Gaming rewards company Refereum today announces its partnership with DLive, blockchain's largest streaming platform. Together, the two companies will use Refereum to reward gamers for livestreaming games. "Refereum is a place for streamers on any streaming platform to engage their users. Everyone can now connect their DLive account and earn rewards for watching their favorite streamers," says Alistair Doulin, Chief Technology Officer at Refereum.
Despite its volatile nature, nearly half of financial professionals believe Bitcoin will be the investment class with the highest growth rate over the next 12 months according to a recent survey conducted by Chainalysis, the blockchain analysis company. Chainalysis polled 350 finance professionals including executives from banks, credit unions, financial services providers, and regulatory agencies at the ACAMS 19th Annual AML & Financial Crime Conference.
Center Source, the first nearshore BPO firm in the world to focus exclusively on serving the needs of companies accepting cryptocurrency from end customers, has announced it has smashed growth and profitability predictions during its first year of operation. Center Source has surpassed the company's year-1 revenue goal by approximately 400% and has attained profitability in just a single year of operation, rather than the predicted three years.
The first insurance company, Lloyd's of London, was founded back in 1686 as a place for merchants on the sea to insure their cargos. For a fund management fee, Lloyd's of London collected premiums from the merchants and paid out claims to the merchants who lost their cargos. This same infrastructure of having an expensive human organization act as the trusted fund holder hasn't changed in the past 300 years.
SovTech technology firm TODAQ, the creators of the cryptographic digital asset TDN, have reached an agreement with Gratomic Inc for the purchase of US$25m of graphite. This is the first deal of its kind, with the graphite to sit in the TDN reserve backstop to further underpin the true value of deployed TDN; a key strategy behind the evolution of the TDN rewards program, as well as allowing cryptographic ownership of commodities as it is processed and traded.
Identification and verification processes are vital in order to securely enable digital transactions, and have become essential when it comes to cryptocurrency transfer operations. The brand-new idCredit and GetID projects were made to challenge the existing KYC services. idCredit's platform is now live and currently empowering industry market solutions. GetID is the very first software product of this ecosystem, aiming to provide the unmatched options in the I.D. verification sector.
SEC registered FINRA broker dealer, Watchdog Capital Announces Digital Assets Friendly Decentralized Securities Platform. Watchdog Capital sees a future where distributed ledgers using blockchains will replace and streamline many of the inefficiencies in global capital markets. A distributed ledger enables items of value to move without the need of a trusted third party to verify what is true. Watchdog believes that this technology will transform global capital markets.
Today, ConsolFreight released its new Proof of Concept report "Trade Forward" at the IoT Solutions World Congress in Barcelona. The ambitious project has the support of Telefonica, who provided connectivity through Kite, their IoT connectivity platform. It also included the collaboration of key organizations such as EOS Dublin using EOSIO blockchain technology, the Florida Blockchain Foundation, and Anova Marine, which provided insurance coverage to the transported cargo.