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Nuls and Aleph Test New Staking Service, Introduce New Reward Model

Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have jointly completed testing of a new staking service dubbed staked coin output (SCO), which applies a new type of reward model.Per a press release published on Aug. 13, the new service allows community members to stake tokens to receive

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Commerzbank And Daimler Trucks Test Machine-to-machine Payments On Blockchain

About Richard KasteleinFounder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the

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Arizona to Test Marijuana-Oriented Stablecoin in State Fintech Sandbox

The state of Arizona has accepted a blockchain-based, cannabis industry-oriented payments solution into its fintech sandbox.According to a recent press release from the Office of the Attorney General, the company — called Alta — is a cash management solution for licensed medical marijuana providers and vendors. The Arizona-based financial

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Bakkt’s Bitcoin Futures Test Starts Today, Launch Imminent This Quarter

Bakkt Digital Asset Summit highlighted important developments in the launch of Bakkt Bitcoin Futures, which beta release is expected today. CFTC commissioner Dawn Stamp acknowledged the high demand for the derivative product.As per its earlier schedule, ICE’s Bakkt platform is all set to start testing its Bitcoin Futures today, July

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U.S. Clean Energy Firm Clearway Energy Will Test Blockchain for Renewable Energy Trading

United States-based clean energy development firm Clearway Energy Group is launching a pilot program for trading renewable energy credits on a blockchain, Bloomberg reported on June 28.Per the report, Clearway Energy partnered with Ethereum (ETH)-based energy trading startup Power Ledger to jointly build a system for trading renewable energy

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Oxfam Partners With Tech Firms to Test Dai’s Use in Disaster Aid

International charity organization Oxfam has partnered with Australian tech startup Sempo and blockchain company ConsenSys to test stablecoin Dai’s (DAI) suitability for aid in regions suffering from natural disasters, local news outlet Micky reported on June 17.The parties launched a philanthropic initiative dubbed UnBlocked Cash with the support of

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State Farm and USAA Test Blockchain Platform for Insurance Claims Process

United States insurance giant State Farm and military-affiliated bank United Services Automobile Association (USAA) are testing a blockchain-based subrogation solution with real claims data. State farm announced the development in an official press release on May 30.The two insurance titans are using blockchain technology to automate and streamline the

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