In late January 2018, Streamity, a Singapore-based startup with Russian roots, released its cryptocurrency exchange app StreamDesk, which is able to exchange various currencies from user to user with no intermediary. The project is now working on creating the decentralized platform, which they claim, “will revolutionize the modern crypto exchange market.”
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The Chubu Electric Power Company, the third largest electric utilities provider in Japan, has partnered with Internet of Things (IoT) startup Nayuta Inc and software company Infoteria in order to experiment with the possibility of using Blockchain technology to record the charging of electric vehicles (EV) and plug-in hybrids. The Lightning Network is set to be used for charging micropayments for the electricity, reports TechCrunch Japan.
China’s Ministry of Industry and Information Technology (IT) has conducted a study on Blockchain technologies in order to promote the “formation of a complete Blockchain standard system as soon as possible,” according to a press release published yesterday, March 12.
Logistics giant DHL announced it had partnered with Accenture and created a Blockchain-based supply chain prototype March 12.
Global karate organization BoutsPro aims to bring together an estimated 190-mln strong karate community by using Blockchain. As there are so many different styles of karate, there are many different governing organizations (Such as ITKF, WKF and WFF) overseeing tournaments and rankings. The BoutsPro white paper outlines how bringing all elements together needs a strong fund management system which can generate revenue from multiple sources, for example, sponsorship and advertisements.
Ripple Labs Inc., the company behind the Ripple settlement system, has lost its opportunity to hold the court hearing over a contested contract with its rival R3 in its home state, California, Bloomberg reported March 13.
A company that empowers service workers and helps them become entrepreneurial is planning to replace its app with a new Blockchain-based platform, helping providers with hard-earned reputations to win more business.
Binance, the largest cryptocurrency exchange by trading volume, announced that it is officially developing a public Blockchain to create a new decentralized exchange, according a statement on March 13.
Dubai is launching a virtual business-to-business tourism-specific marketplace using Blockchain technology as part of its Dubai 10x initiative “to be 10 years ahead of other world cities”, local news outlet Arabian Business reports today, March 3.
The amount of venture capital fundraising for Blockchain-based companies so far in 2018 has already reached more than 40 percent of last year’s total, according to a report released by Crunchbase News on Feb. 27.