BLOCKCHAIN

Former Governor of French Central Bank Joins Board of Directors of Blockchain Firm Setl

[ad_1] British blockchain technology group Setl has hired former governor of the French central bank Christian Noyer as a member of its board of directors. The new appointment was confirmed in a blog post published on Jan. 17.Founded in 2015, Setl is a financial company with a focus on blockchain technology. Setl  has built a blockchain-based infrastructure for institutional payments and settlements, with a reported capacity of over 1 billion
BLOCKCHAIN

ICOs Raised $160 Million in First Half of January, Report Says

[ad_1] Initial coin offerings (ICOs) completed in the first half of January have raised around $160 million. The figure was provided in a report by ICO rating service ICObench shared with Cointelegraph on Jan. 18.ICOs completed by Jan. 15 have managed to raise about 33 percent of the combined amount raised in the previous month of December. Half of that sum was secured by just one project, the report notes.According
BLOCKCHAIN

OECD Calls for ‘Delicate Balance’ in Global ICO Regulation

[ad_1] The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15.The document calls for regulatory clarity and a supervisory framework for ICOs, defining such moves as “a stepping stone to their safer use for financing purposes.” The report also underlines the importance of standardized disclosure requirements, enhanced investor
BLOCKCHAIN

Blockchain Data Developer Spring Labs’ Research Program Gains 16 Startup Members

[ad_1] United States-based blockchain startup Spring Labs announced sixteen fintech companies had joined its partner program prior to the release of its Spring Protocol in a press release Jan. 17.Spring Labs, which last year raised $15 million in funding, aims to release anti-fraud technology in the form of private P2P data sharing technology, powered by blockchain.At the same time, it has convened the Spring Founding Industry Partners (SFIP) Program, a
BLOCKCHAIN

Blockchain Featured in Big Four Firm Deloitte’s Annual Tech Trends Report

[ad_1] Blockchain is featured as a disrupting technology in the Tech Trends 2019 report published by Big Four audit and consulting firm Deloitte on Jan. 16.According to one article in the report, “[a]dvanced networking is the unsung hero of our digital future,” and blockchain is cited as a part of it. The report — which mentions blockchain 25 times — notes that blockchain is among the technologies the importance of
BLOCKCHAIN

Spanish Car Manufacturer SEAT Joins Alastria Consortium to Develop Blockchain Products

[ad_1] Spanish automobile manufacturer SEAT has joined Alastria consortium to work on the development of blockchain-based products. Cointelegraph in Spanish reported the news Jan. 16.Founded in 1950, SEAT is a state-owned industrial company and Spain’s largest car manufacturer. SEAT’s turnover reportedly reached a record figure of 9.552 billion euro ($10.878 billion) in 2017, which is 11.1% more than the year prior.Per the recent announcement, SEAT joined Alastria, a multi-industry, semi-public
BLOCKCHAIN

Crypto Exchange Coinbase Acquires San Francisco-Based Tech Startup Blockspring

[ad_1] Major cryptocurrency exchange and wallet provider Coinbase has acquired Andreessen Horowitz-backed tech startup Blockspring. The purchase was revealed in a blog post published Jan. 14.San Francisco-based Blockspring produces tools that enable developers to automatically gather and process information from application programming interfaces (APIs).In 2015, the company raised $3.4 million in a round led by venture capital firm Andreessen Horowitz and seed-stage investment firm SV Angel, while also having support
BLOCKCHAIN

BitTorrent’s Tron-Based BTT Token Integration Will Launch by Summer

[ad_1] BitTorrent’s system dubbed BitTorrent Speed, which will integrate the Tron-based BTT token into the popular µTorrent Windows client, will launch by summer. The company has confirmed this in a press release shared with Cointelegraph on Jan. 19.BitTorrent Speed will issue cryptocurrency token rewards to users that serve content to others via the µTorrent network. The client’s users — which number more than 100 million, according to BitTorrent — will
BLOCKCHAIN

MIT, Stanford Researchers to Fund New ‘Globally Scalable’ Cryptocurrency, ‘Unit-e’

[ad_1] A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17.The development of the cryptocurrency, dubbed “Unit-e,” is being funded by Distributed Technologies Research (DTR) — a non-profit organization based in Switzerland, whose official launch was also announced today in the press release.DTR includes researchers from seven major U.S. universities, including
BLOCKCHAIN

UPS Unveils Equity Investment and Partnership With Blockchain B2B Firm Inxeption

[ad_1] The investment arm of logistics giant UPS has made an undisclosed equity investment in United States enterprise blockchain company Inxeption, the firm confirmed in a press release Jan 16.Inxeption, which began operations in 2017, aims to use blockchain technology to improve various processes for businesses, including product design, manufacturing and supply chain management.Neither party has revealed the scope of the deal, which will reportedly see Inxeption and the UPS