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Etherisc onboards 17K Kenyan farmers covered by blockchain-based crop insurance

An insurance collaboration between decentralized protocol Etherisc and microinsurance issuer ACRE Africa has allowed thousands of farmers in Kenya to receive coverage for weather-related risks.Etherisc and ACRE Africa said they had processed insurance payouts for some of the more than 17,000 smallholder farmers in Kenya covered under the collaboration. The

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BlockFilm Becomes Leading Blockchain-based Film Financing Platform after Groundbreaking OSC Exemption Order – Blockchain News, Opinion, TV and Jobs

BlockFilm is to become the first independent and leading blockchain-based film financing platform in the space. The Canadian based production platform will be powered though a strategic partnership with TokenFunder. A groundbreaking Exemption Order by the Ontario Securities Commission (OSC), paved the way for this ‘tokenized’ production financing opportunity to

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Spanish stock exchange ready to test blockchain-based SME financing system

Spanish stock exchange Bolsas y Mercados Españoles, or BME is set to test its blockchain infrastructure for small- and medium-sized enterprise financing following a successful pilot run back in 2020.According to Finextra on Friday, this next set of trials by BME will involve businesses that are part of the country’s SME

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Philippine bank, fintech XLOG to offer blockchain-based logistics financing

Union Bank’s financial supply chain platform to be integrated with XLOG’s logistics platform. Union Bank of the Philippines and fintech firm XLOG have teamed up to offer the Philippines’ first blockchain-powered supply chain financing solution embedded in a logistics platform. “We are firm believers in how blockchain technology can bridge gaps in

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DMCC strikes deal to build blockchain-based precious metals refinery in Dubai

Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot precious metals refinery.According to a DMCC release on Wednesday, the precious metal refinery and storage facility will be the

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Linux Foundation launches blockchain-based platform for insurance

The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry.On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting and create a standardized insurance

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Blockchain-based renewable energy marketplaces gain traction in 2021

Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The intensive energy costs of mining Bitcoin and other proof-of-work cryptocurrencies are also frequently pointed to as a serious downside to the emerging asset class. While environmental

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Ontology’s Jun Li on blockchain-based digital ID – Cointelegraph Magazine

“Everyone’s car generates a lot of data every day,” points out Jun Li, founder of the open-source digital identity blockchain Ontology.The automotive sector is one in which his company’s ID solution has a clear use case, as each driver’s data can be stored and used to calculate insurance premiums according

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