SettleMint, a Belgium-based blockchain platform-as-a-service company, has raised €1.9 million from KPN Ventures, a strategic investor and now commercial partner of the blockchain startup. US-based investor Medici Ventures also participated in the round.
With its scalable low-code, infrastructure-agnostic solution, SettleMint is filling a gap for enterprise organisations that want to adopt and deploy blockchain.
Yesterday, the U.S. Department of Homeland Security (DHS) awarded $197,292 to Texas-based Factom to develop a blockchain security system for imports such as raw materials into the country.
The award was made by DHS Science and Technology Directorate (S&T) to create and verify digital identities of importers and detect import frauds. The aim is to issue credentials to enhance security and prevent forgery and counterfeiting.
Factom’s project is focused on interoperability between blockchains and systems. Factom’s own public blockchain not only stores any type of data but also cryptographically anchors itself to the public Bitcoin blockchain.
Voatz is a Boston-based company that makes a mobile voting platform.
Two counties in Oregon are piloting mobile voting in the upcoming special elections in November. It’s the latest in a series of tests that advocates for blockchain-based mobile voting hope will turn into a broader rollout down the road.
Jackson and Umatilla Counties are partnering with mobile elections platform Voatz and the nonprofit Tusk Philanthropies to test mobile voting for active-duty members of the military, their dependents, and overseas voters.
Overstock.com, one of the original Bitcoin-believer companies, has had a long and storied history in its evolution with blockchain technology. The company, and its blockchain subsidiary Medici Ventures, are in an interesting point of flux at the moment with former CEO Patrick Byrne stepping down and president of Medici Ventures, Jonathan Johnson, taking over.
While Byrne was the face of Overstock's Bitcoin fascination, Johnson has been at the coal face of getting the company heavily invested in blockchain business. Medici Ventures has been incubating a family of companies which it labels as a Keiretsu – a Japanese term describing companies with interlocking interests.
Agro-focused blockchain platform GrainChain has brokered deals across the Honduran coffee supply chain to track the production and trade of beans over its smart contract system.
The launch, announced today, is starting with a 2 percent sliver of Honduras’ 7-million-bag-a-year export industry – equivalent to “10-15 percent of the organic fair trade market,” says GrainChain CEO Luis Macias, who hopes to expand its reach.
Netki has upgraded its digital identity service to help cryptocurrency firms meet tough new international standards for combating money laundering.
Announced Monday, the upgrade to TransactID adds two new features: The ability to break down certificates of a user’s identity into smaller pieces of personally identifiable information (PII); and the ability for senders and receivers of money to request PII from each other.
Blockchain company tZERO added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZERO Crypto cryptocurrency wallet and trading app.
Ravencoin now supported on the tZERO app
TZERO announced in a press release published on Aug. 20 that Ravencoin will be joining Bitcoin (BTC) and Ether (ETH) among the cryptocurrencies supported by its trading and wallet tZERO Crypto app, available for iOS and Android devices. Per the release, the company submitted the updated iOS app supporting the crypto asset to the store yesterday, while the update for the Android app will be published today.
In the summer of 2016, when bitcoin was beginning its ascendance to a $20,000 all-time-high, Bitt, a Barbados-based startup, did something that at the time seemed rather bizarre: It issued a cryptocurrency backed by the Barbadian dollar. Many wondered why anyone would want to corrupt the efficiency of issuing currency on a shared, distributed ledger by introducing value controlled by a central authority.
Then came Facebook, which earlier this year announced its plans to issue Libra, a cryptocurrency backed by a basket of currencies issued by central banks and designed to have all the benefits of blockchain, with the price stability of the strongest fiat currencies. Could this be the way to get people to actually spend cryptocurrency instead of just hold it like an investment?