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‎₽750 Million: Russia’s Largest Bank Buys Commercial Bonds on a Blockchain

The investment and corporate banking arm of Sberbank and telecom giant MTS have laid claim to conducting Russia’s first commercial bond transaction using blockchain technology. In an announcement, MTS revealed it had placed commercial bonds worth RUB 750 million (approx. $12 million) on a proprietary blockchain platform provided by the country’s National Settlement Depository powered The post ‎₽75...
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Op-ed: Blockchain and AI Combine to Power Modern Technological Advancement

Presently, there is an increased pace in the areas of technological development when compared to the progress achieved over the last couple of decades. This exponential increase springs off the dashboard of the internet and the numerous millennial technologies that are being built on top of it. These emerging developments are leading us to a The post Op-ed: Blockchain and AI Combine to Power Moder...
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From JPMorgan to Blockchain Startup: Amber Baldet Unveils Her Latest Project

Former JPMorgan blockchain lead Amber Baldet unveiled her new startup project, Clovyr, at the Consensus conference in New York on Monday. Baldet left her position at JPMorgan in April to work on Clovyr. She led JPMorgan Blockchain Center of Excellence and helped the firm succeed with open-source initiatives, such as Quorum. In a strange juxtaposition, The post From JPMorgan to Blockchain Startup: ...
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Why Nokia Is Partnering with a Crypto Startup to Build an IoT Network

Nokia, a Finland-based multinational communications and information technology provider, has announced a project to give people in remote rural areas a chance to have mobile connectivity and enjoy the benefits of the digital economy, according to a a post on the company’s blog. New tools that reduce the cost of network deployment and maintenance will bring The post Why Nokia Is Partnering wi...
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Alibaba’s Jack Ma Joins the Bitcoin Bashing Brigade but Backs Blockchain

Jack Ma has joined the bitcoin bashing brigade, although he remains keen on blockchain. Ma, chairman of Alibaba and considered China’s richest man, said during the second World Smart Conference in Tianjin that bitcoin is a bubble, according to a local industry report. In the past, he has said he does not understand bitcoin but The post Alibaba’s Jack Ma Joins the Bitcoin Bashing Brigade but ...
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Israel’s Public Stock Exchange Unveils Blockchain Securities Lending Platform

The Tel Aviv Stock Exchange (TASE) has announced the development of a blockchain-powered securities lending platform that the bourse operator believes will enable direct lending among all major financial instruments in the country. Calling it ‘one of the first projects of its kind in the world’, the TASE says its new ‘Blockchain Securities Lending (BSL)’ The post Israel’s Public Stock Exchange Unv...
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Korea Customs Authority to Test Blockchain Clearance System for Imports, Exports

The Korea Customs Service (KSC) is reportedly due to test a blockchain-based system to verify data and shipments during imports and exports with over 50 companies domestically. According to the Korea Times, the KCS is developing a customs data platform powered by blockchain technology in an effort to boost enhance the efficiency of a customs-clearing The post Korea Customs Authority to Test Blockc...
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Electronics Giant Foxconn Leads $7 Million Series A in Blockchain Identity Startup

Digital identity startup Cambridge Blockchain has closed as $7 million Series A round of financing led by Taiwanese manufacturing giant Foxconn’s investment arm. Announced Tuesday, the $7 million financing round also included previous investors Partech and Digital Currency Group, who injected new capital and converted the startup’s outstanding debt in exchange for equity. Partech general The post ...
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HPE, Nokia Tap Streamr To Allow Consumers To Monetize Blockchain Tokenized Data

Nokia and Hewlett Packard Enterprise have teamed with a Swiss startup called Streamr that will enable consumers to control and market tokenized data collected by Internet-connected devices, according to Fortune. The partnerships, announced at the Consensus conference in New York, signal emerging efforts to use blockchain technology to empower consumers. Streamr will tokenize the data in The post H...
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Amazon Launches Blockchain Cloud Partnership With Ethereum Studio ConsenSys’ Kaleido

Amazon has partnered with blockchain incubator ConsenSys to enable its customers to build and manage their own blockchain platforms in an easy-to-use manner with ConsenSys’ Ethereum-based cloud platform called Kaleido. The move is part of an effort to make blockchain, the technology underpinning bitcoin, more accessible to customers of Amazon Web Services, the cloud-computing arm The post Am...
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