Tech Firm Raises $45 Million To Build A “Privacy First,” Based Cloud Blockchain

Tech Firm Raises $45 Million To Build A "Privacy First," Based Cloud Blockchain

Oasis Labs has raised $45 million to build a “privacy-first” cloud computing platform with blockchain technology. The Berkeley, California based company is designing a platform to overcome the performance, security, and privacy limitations that have hampered blockchain adoption to date. The aim is to make blockchain, a distributed secure ledger … Read the rest

Quebec Government Lays Into Cryptocurrency Miners For Overutilization Of Energy Resources

Quebec Government Lays Into Cryptocurrency Miners For Overutilization Of Energy Resources

The government of Québec is blocking all new requests for hydroelectric power from cryptocurrency-mining operations, so energy company Hydro-Québec can keep supplying power to everyone else in the Canadian province. The emergency move followed a warning from Hydro-Québec that the “unprecedented demand” from these operations, which use a lot of … Read the rest

Denmark To Lend Key Support To The EU Blockchain Alliance, As It Looks To Reshape Its Logistics Industry

Denmark To Lend Key Support To The EU Blockchain Alliance, As It Looks To Reshape Its Logistics Industry

Danish Minister for Industry, Business and Financial Affairs, Brian Mikkelsen, has signed a declaration pledging to a partnership on blockchain development with 22 other European countries. Logistics management is one of the blockchain’s most promising applications. And according to Mikkelsen, Denmark intends to use the technology to manage ship registry—and … Read the rest

Samsung Unveils Blockchain Platform To ‘Enhance Competitiveness’ Of Financial Businesses

Samsung Unveils Blockchain Platform To ‘Enhance Competitiveness’ Of Financial Businesses

South Korean electronics giant Samsung is launching its own blockchain platform Nexfinance for finance-related businesses, the company announced in a press release. Samsung SDS, the corporation’s IT arm, confirmed the platform would cater to digital finance businesses looking to transform their structures using cutting-edge technology.

In addition to blockchain, Nexfinance … Read the rest

Bitcoin Documentry Acquired By Blockchain Media Company At The Cannes Film Festival

Bitcoin Documentry Acquired By Blockchain Media Company At The Cannes Film Festival

Blockchain media company Slate Entertainment Group revealed its ‘seven figure deal’ on acquiring rights for a documentary about blockchain during the Cannes film festival. Slate intends to broadcast the documentary Beyond Bitcoin via its blockchain based online streaming platform Binge. The decentralized Binge platform provides low-cost, high-speed, high-definition media access … Read the rest

Venture Capitalists, Private Equity Firms Target Blockchain Technology And ICO Model For 2018

Venture Capitalists, Private Equity Firms Target Blockchain Technology And ICO Model For 2018

Blockchain technology and cryptocurrencies have become a prime target for forward-leaning hedge funds, venture capitalists, and private equity firms in 2018 as the crypto ecosystem rapidly matures. The total number of cryptocurrency funds has skyrocketed over the first half of 2018, surging to over 225 from just 58 at the … Read the rest