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Amazon Patent Casts Light on Plans to Create Proof-of-Work Blockchain Analog

Retail behemoth Amazon has received a patent for generating Merkle trees as a solution to the proof-of-work (PoW) algorithm, a document confirmed on May 14.Amazon, which has taken an increasing interest in blockchain technology in recent times, now appears to be targeting development of a specific variation of the

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R/GA Ventures Partners With Local Blockchain Firms to Create Blockchain Venture

R/GA Ventures, the investment arm of international marketing company R/GA, is opening a blockchain investment studio in Oregon, the company announced in a press release published on April 24.The studio, dubbed Oregon Enterprise Blockchain Venture Studio (OEBVS), will be launched in partnership with several local companies participating in the

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South Korean Hospital to Create Blockchain Medical Data Management Platform

Blockchain-powered medical data marketplace Longenesis and biotechnology company Insilico Medicine have entered into an agreement with South Korean hospital Gil Medical Center to create a blockchain-based health data management solution. The development was announced in a press release published on April 23.As part of the collaboration, the parties intend

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Gaming Firm Unitopia Raises $5 Million to Create Blockchain Equivalent of Steam

Blockchain-powered gaming platform Unitopia has received $5 million in funding from a group of investment and financial services companies, local media outlet BiShiJie.com reported on April 22.Unitopia — a blockchain research lab of Chinese video game developer Electronic Soul — has reportedly received a strategic investment from Shuimu Fenghua

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New Partnership Purports to Create First Approved Crypto Exchange in Vietnam

Vietnam’s largest distribution company Linh Thanh Group has signed a memorandum of understanding (MOU) with Swiss blockchain company KRONN Ventures AG to establish a cryptocurrency exchange, according to a press release published on March 22.The collaboration is designed to facilitate the production of digital currency and the creation of

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QuadrigaCX’s Legal Representatives Create Affected Users Committee

A new committee appointed by law firms Miller Thomson and Cox & Palmer will provide guidance in representing affected clients of major Canadian cryptocurrency exchange QuadrigaCX. The development was announced in a court notice on March 19.In the filing, Miller Thompson reveals that it has established the Official Committee

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Forte And Xpring create $100 Million Fund To stimulate Mainstream Use Of Blockchain In Games

“Blockchain technologies’ key innovations unlock vast potential for nearly all forms of digital interaction. Gaming is a $140 billion global industry driven predominantly by digital micro-transaction economies, which we believe will benefit immensely from the integrity and resilience of blockchain technology,” said Brett Seyler, Chief Platform Officer, Forte. “The industry needs solutions that

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Deutsche Borse, Swisscom and Sygnum Partner to Create Compliant Digital Asset Ecosystem

Global market infrastructure provider Deutsche Borse Group, Swiss state-owned telecoms and ICT firm Swisscom, and Swiss and Singapore-based fintech company Sygnum have entered into a strategic partnership to build out a compliant financial market infrastructure for digital assets. The development was announced in a joint press release published on

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