GrainChain, the blockchain platform for the agricultural business ecosystem, plans to globally expand and scale its operations by moving to the Symbiont enterprise blockchain platform, Assembly™. Assembly provides the robust privacy features, and seamless scalability GrainChain needs to meet the demands of their current and future markets.
BlockApps and Optimum initiate strategic partnership with development of energy usage tracking solution
BlockApps, the leading enterprise blockchain platform provider, is proud to announce their strategic partnership with Optimum, a leader in Modern Software Consulting across industries including oil & gas, manufacturing and construction. Optimum has joined the Global BlockApps Partner Network – an ecosystem of technology and service providers combined with blockchain experts across industries that help enable rapid application development, integration, deployment and enhancement for BlockApps' STRATO customers and partners.
A container from Shanghai to Berlin takes less than 2 weeks to arrive via rail, to pay for it can take a month in the banking system. Amazon delivers packages same day, something no bank can do with an international electronic wire transfer. Cross-border payments costs have also increased two-fold since Multinationals moved out of commercial banking and set up their own banks post Lehman Brothers. Banks also drastically reduced their international trade facilitation and lending to SMEs, as Basel III rules forced banks to place higher risk capital against such risky business.
Digital Entertainment Asset Pte Ltd (DEA) announced that its cryptocurrency "DEAPcoin", will be listed on OKEx, one of the world's largest  cryptocurrency exchanges, from 8 April 2020. DEAPcoin is designed to be a key currency bolstering DEA's blockchain-enabled entertainment ecosystem called "PlayMining". It allows users to play free PvP (player-vs-player) strategy games featuring manga characters created by world-renowned creators, collect character assets and trade them with DEAPcoin to win the games. The highest standard of security made possible by DEA's technology also ensures creators are rewarded fairly and their IPs (intellectual properties) are strictly protected.
Crypto.com, the pioneering payments and cryptocurrency platform, today announced partnership with three leading tax providers. Responding to the requests of the community and given the importance of this area, Crypto.com partnered with leaders in this space (listed alphabetically) CoinTracker, CryptoTrader.Tax, and Token Tax.
Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce that the Qingdao-MEG Sales Center, branded as Mobile Energy Group Center, is scheduled to start sales operations by May 1. The 1 Million square foot site has been renovated as a permanent EV expo center, the cost of which has been met by development funds from the Chengyang business district of the city of Qingdao, in China's Shandong province.
Huobi Group today announced financial results for its digital assets mining and trading pool, Huobi Pool, for the fiscal year ended December 31, 2019. The annual report marks the first time Huobi Pool has released financial data since its launch in 2018. "2019 was a pivotal year for Huobi Pool, driven by strong revenue performance from our staking operations and the rapid growth of our cloud PoW mining service," said Ciara Sun, VP of Global Business at Huobi Group. "We've invested heavily in the Huobi Pool ecosystem and we're excited about the division's continued traction as we expand the service globally this year."
The Public Health Blockchain Consortium has announced the release of a monitoring blockchain for the systematic, continual, and anonymous verification of communities and workplaces that are free from coronavirus COVID-19, and other high-risk viruses, bacteria and fungi, to assist them in staying free of potentially life-threatening diseases.
KuCoin Announces the Establishment of KuGroup with Michael Gan Appointed as Chairman and Johnny Lyu Appointed as KuCoin Global CEO
On March 17, 2020, KuCoin, an IDG-backed crypto exchange, announced today the establishment of KuGroup, and CEO Michael Gan has been appointed as the Chairman of KuGroup. Also, KuCoin co-founder Johnny Lyu has been appointed the position of CEO of KuCoin Global. With the expansion of KuCoin's services and ecosystem, the management team decided to adjust the company structure and establish KuGroup, which consists of three business groups, namely KuCoin Global, KuCloud, and the KuChain & KCS Business Group.
The centralization of power and authority in the hands of a small group of people leaves the majority underprivileged. The lack of resources confines the growth of those people up to a defined level where they cannot compete or overgrow the ones already at the top of the business hierarchy. This is exactly what ails the Big Data, AI, and cryptocurrency mining industry in the present times — the concentration of power, computing power.