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Clear, the provider of a settlement system that uses blockchain to facilitate cross-border B2B trading, has finalized a $13 million Series A investment round. The Singapore-based startup said Wednesday the round had been led by Fidelity's investment arm, Eight Roads (formerly Fidelity Ventures). The venture subsidiaries of telecommunications companies Telefonica,
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MIT researchers have co-invented a new cryptocurrency-routing scheme that they claim can boost the efficiency… greasing the wheels and creating larger revenues for cryptocurrency and blockchain companies. An MIT news release stated they are using certain networks designed to speed up notoriously slow blockchain transactions the new solution uses Payment Channel
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Sharing is caring!Vancouver-based BIGG Digital Assets Inc. owner of leading developer of Blockchain technology search, risk-scoring and data analytics solution Blockchain Intelligence Group has closed a 5-year deal with a United States Federal Government agency valued at CAD USD$540,000 to deliver QLUE licenses. BIGG will not name the specific agency
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Bitcoin SV (for Satoshi's Vision) has hard forked with apparently just one minor issue, taking its blockchain back to the first "Genesis" iteration of the bitcoin protocol.The BSV network upgraded at approximately 02:00 UTC Tuesday, implementing Genesis rules that bring about "the full restoration of Satoshis Bitcoin protocol." Jimmy Nguyen,
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Sharing is caring!Leading Japanese financial services company SBI Holdings has invested $20 million in OpenLegacy, the market leader in microservice-based APIs for legacy and core systems with a focus on instituting Ripple-powered Moneytap, a blockchain-based payment application in Japan and globally and building Internet banking across SBI’s growing portfolio of Japanese banks. “OpenLegacy
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The Indian state of Telangana is to launch a dedicated blockchain incubator.According to a report in the Times of India on Monday, Rama Devi, a senior official in the IT&C Department of the state government, said the new incubator would soon team with top educational institutions, such as IIIT-Hyderabad
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Video-centric social media app Vid announced its upcoming launch on iOS and Android. Established in January 2017, Vida allows users to control their data and monetize their memories using AI and blockchain technology which enables its users to create privacy-protected video content while allowing users to monetize content and retain 100
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36-year-old cryptocurrency specialist Virgil Griffith – who was recently arrested by American authorities for allegedly helping North Korea use blockchain technology in violation of US sanctions – has pleaded not guilty in court today. Griffith was formally indicted for “conspiracy to violate the International Emergency Economic Powers Act,” and his case was
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The University College (UCL) London Centre for Blockchain Technologies (CBT), with the support of the UK Retail Blockchain Consortium (RBC), has released a market report looking at the adoption of Distributed Ledger Technology (DLT) in physical supply chains. Get a copy of the report here. “Despite the increasing opportunity for digitisation and
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Enterprise blockchain project Hyperledger has released the most significant update of its DLT framework Fabric since launch in July 2017. The Hyperledger Foundation announced Thursday that Fabric 2.0 is designed to improve the usability and performance for the end user, with updates including new features such as decentralized governance for
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