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Posts Tagged ‘blockchain’

Clear gets $13M Series A to build high-volume transaction system on the blockchain

Clear is an early-stage startup with a big ambition. It wants to build a blockchain for high-volume transaction systems like payments between telcos. Today it announced a $13 million Series A investment. The round was led by Eight Roads with participation from Telefónica Innovation Ventures, Telekom Innovation Pool of Deutsche Telekom, HKT and Singtel Innov8. ...

Coinbase poaches Google Shopping VP as CPO for cryptocommerce

“We’re trying to shift cryptocurrency from this speculative asset class to driving real-world utility,” Coinbase CEO Brian Armstrong tells me. How? Through commerce and micropayments. But now Coinbase has the who to build it. Today the startup announced it has hired away former head of Product for Indian e-commerce giant Flipkart and Google Shopping VP ...

Kadena fulfills hybrid blockchain vision with launch of public chain

For the last few years blockchain startup Kadena, has been working on a vision of bringing blockchain to the enterprise. Today it announced the final piece of that vision with the launch of the Kadena public blockchain. In earlier releases, the company offered the ability to build private blockchains on AWS or Azure. Company co-founder ...

The crypto rich find security in Anchorage

Not the city, the $57 million-funded cryptocurrency custodian startup. When someone wants to keep tens or hundreds of millions of dollars in Bitcoin, Ethereum, or other coins safe, they put them in Anchorage’s vault. And now they can trade straight from custody so they never have to worry about getting robbed mid-transaction. With backing from ...

6 Industries Blockchain Technology Will Revolutionize

01.06.2020 · Posted in Computer Articles, Technology Articles

<***>blockchain

In line with new evolving computer technologies, a lot of issues previously found complicated are now seen as an easygoing task, for example, e-commerce, contactless payment, secured online transactions, and ride-hailing. All thanks to blockchain, a new technology that massively revitalized all-around sectors, equipping the financial industry with enhanced solutions with ...

A Wechat-based “mobile court” presided over by a chatbot has handled 3m legal procedures since March

The Chinese Supreme People’s Court has just released a report on a "mobile court" pilot program that's been running since March to manage procedures in civil legal disputes through the Wechat social media platform, through which litigants are prompted by an AI chatbot "judge" (with a judicial avatar) to state their cases; the evidence is ...

No Libra style digital currencies without rules, say EU finance ministers

European Union finance ministers have agreed a defacto ban on the launch in the region of so-called global ‘stablecoins’ such as Facebook’s planned Libra digital currency until the bloc has a common approach to regulation that can mitigate the risks posed by the technology. In a joint statement the European Council and Commission write that ...

SoFi founder Mike Cagney’s already well-funded new startup is raising another $100 million

Figure Technologies, a nearly two-year-old, San Francisco-based fintech cofounded by Mike Cagney, the founder of the more established fintech company SoFi, is raising a whole lot of money — again. By February of this year, Figure had already raised $120 million in equity funding from a gaggle of investors, including RPM Ventures, partners at DST ...

What the partnership at Trinity Ventures sees for the road ahead in 2020

Over the years, Trinity Ventures has racked up many exits for its limited partners. Through deals in consumer brands like Starbucks and Zulily and enterprise companies like TubeMogul and New Relic, the Menlo Park-based fund has found repeated success, but as it retrenches with a pared-down investment team and a much smaller new fund, Trinity’s ...