Here we are listing big player venture capital (VC) investment firms in blockchain/cryptocurrency space.
1.Digital Currency Group
Digital Currency Group stands out as the most influential venture capital investor in the blockchain/cryptocurrency space. This firm shines for making a leading number of investments while also supporting large funds.
Key … Read the rest
Smart contracts are coded pieces of intelligence that reside on the blockchain and regulate clauses, understanding or agreement between relevant stakeholders.
Smart contracts foster trusted agreements and transactions to be executed among contrasting, anonymous parties without the need for a central governing body, legal binding or external driving mechanism. They … Read the rest
Initial Coin Offering (ICO) is an unregulated way in which funds are raised for a novel cryptocurrency venture. Security Token Offering (STO) is also a fundraising process but has legal compliance and are generally financial instruments like equity or income shares.
The background behind these offerings can be explained as … Read the rest
An “evolutionary” monetary system that uses physical gold and silver as the basis for digital currencies has unveiled a series of partnerships as it works to increase participation in its platform and gain support from governments.
Kinesis argues that backing cryptocurrencies with precious metals help to reduce the “severe price … Read the rest
“Big Four” auditor Ernst & Young will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. EY is planning on recruiting the required new talent over the next three years, in parallel to its global plans to invest $1 … Read the rest
The Chinese city of Loudi has launched a blockchain platform to store real estate data. The platform is backed by land, tax and real estate departments in the city, which is located in central Hunan province. Starting Nov. 15, the new system will let citizens avoid lines and other bureaucratic … Read the rest
South Korea’s largest hospital organization, Myongjo Hospital has partnered with local tech company BICube to develop a medical services platform based on blockchain technology. It is understood that a Memorandum of Understanding (MoU) has been signed by both the parties. The two parties plan to use blockchain technology to create … Read the rest
The Indian subsidiary of major global banking and financial services firm HSBC and India’s holding giant Reliance Industries (RIL) have completed a blockchain-enabled trade finance transaction. The blockchain-powered letter of credit (LoC) transaction, reportedly the first of its kind in India, involved export by RIL to U.S. client Tricon Energy, … Read the rest
GE is investigatingblockchainto potentially incorporate the technology into a virtual power plant offering, likely delivered via the company’s Predix platform. According to Steven Martin, GE Power’s chief digital officer; the move was in response to a general trend away from large central generating plants and toward distributed generation. GE has … Read the rest
BM and major Spanish telecommunications firm Telefónica have partnered to apply blockchain technology to managing international mobile phone call traffic. Telefónica is the seventh largest telecom company in the world by market capitalization, valued at $51 billion according to Forbes. The company carries out communications business in 17 countries, with … Read the rest