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worlds biggest blockchain consortiums BCTECH NEWS 

Worlds Biggest Blockchain Consortiums Ethereum’s EEA and Hyperledger Join Forces

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In an unprecedented move, two of the worlds biggest blockchain consortiums, Enterprise Ethereum Alliance (EEA) and Linux Foundation’s Hyperledger Project have joined forces to excel the adoption of blockchain technology in the enterprise sector. Announced in a jointly authored news release by Hyperledger Executive Director, Brian Behlendorf, and EEA Executive Director, Ron Resnick, the two confirmed that they have agreed to collaborate and are formally joining each other’s organisations as Associate Members, stating: “The collaboration between our organisations will further accelerate adoption of blockchain technologies for business.” The EEA, launched in early 2017,…

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bmw selects blockchain startup bloom FTSE / NASDAQ NEWS 

BMW Selects Blockchain Startup Bloom to Develop Customer Lending Solution

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German automotive giant, BMW selects blockchain startup Bloom to develop customer lending solutions with the aim of streamlining its financial services for its customers. Launching a ‘BMW Financial Services Collaboration Lab’ (BMW FSCL), Bloom together with five other start-ups shortlisted from 212 applicants, will collaborate in a 10-week lab at BMW Financial Services’ offices in Hilliard, Ohio, to further develop their ideas, alongside leading subject matter experts in the automotive and financial sectors. The BMW FSCL aims to digitalise the customer journey, critical areas that the the program will focus on…

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blockchain trust protocol BCTECH NEWS 

LinkedIn Co-Founder Launches ‘Hub’ a New Blockchain Trust Protocol Network

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Eric Ly, Linkedin co-founder launches ‘Hub’ a new blockchain trust protocol network that aims to provide people with verified portable reputation data, to encourage more trustworthy online interactions and transactions. Hub, refers to itself as a ‘human trust protocol’, to some extent it is like an Experian rating system for your integrity, loyalty and trustworthiness, as opposed to just your financial management capabilities. By facilitating connections between users on the internet in areas such as messengers, online communities, social networks, and peer-to-peer marketplaces, Hub aims to make it easier for users…

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ben and jerrys blockchain climate change BCTECH NEWS 

Ben & Jerry’s Launches Blockchain Climate Change Initiative with Poseidon

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Ben & Jerry’s launch a blockchain climate change initiative in partnership with Poseidon. The world’s first digital retail platform connecting consumers with their own carbon footprint, will be launched in London. Poseidon have developed a technology that breaks carbon credits down into microtransactions, so each scoop of ice cream is accounted for. Carbon credits is one of the world’s biggest markets, worth €49 billion ($54.7 billion) in Europe alone. Until now, they could only be bought in bulk by large companies.

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healthcare blockchain platform BCTECH NEWS 

Revolutionary Healthcare Blockchain Platform is Launched by Medicalchain

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UK-based Medicalchain has launched a revolutionary healthcare blockchain platform MyClinic.com. Utilising Hyperledger Fabric, it enables patients to complete cross-border video consultations with doctors. The company has been working closely with the NHS, the world’s largest publicly funded health service with one of the most comprehensive health datasets in existence. MyClinic.com is the companies first blockchain application to launch. Incorporating Medicalchain’s blockchain based Health Passport, it aims to improve access to healthcare and uses their MedTokens (/MTN) for payment.

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FTSE / NASDAQ NEWS 

Global Head Leaves Deloitte to Join Blockchain Start-Up

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Eric Piscini, former global blockchain leader and partner of one of the “Big Four” accounting firms, has resigned from Deloitte to join blockchain start-up Citizens Reserve, who aim to move supply chain networks onto their ethereum-based platform. Piscini’s departure is yet another example of top executives striking out for crypto-based projects. Citizens Reserve’s unique crypto token will be backed by reserve assets, giving the token ‘a guaranteed value’ of $0.01. Picini said that using the ZERV token, allows “nearly instant borderless transactions.”

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htc blockchain phone BCTECH NEWS 

HTC to Release a Blockchain Phone This Year

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HTC announces its new blockchain phone ‘Exodus’, it will serve as both a mobile connecting point to blockchain networks and a storage device for cryptocurrencies. Heading the blockchain initiative is HTC Vive founder, Phil Chen, who said they are looking to integrate protocols like ethereum and DFinity within the blockchain phone. HTC aims to start distributing the device with an unprecedented ‘pre-sale’ exclusively to the crypto community, accepting bitcoin and ethereum as payment. He stated: “We’re looking to ship by the end of this year”.

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daico ico vitalik buterin INFLUENCERS NEWS 

Ethereum Founder Launches DAICO ICO Model 2.0

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Ethereum Founder, Vitalik Buterin has launched DAICO a new ICO model that merges the concept with DAOs, to increase security. By integrating a Smart Contract, token holders are now able to control the release of funds through a voting system, or indeed vote to close and refund at any time. DAICO could abolish the “pump and dump” ICO epidemic, increasing its potential. The world’s first Daico token offering has launched with ‘The Abyss’, a video game developer.

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many hands offering coins into a money box NEWS REGULATORS 

What is an ICO?

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ICO is an abbreviation for an initial coin offering.  Essentially it is crowdfunding that is driven by a cryptocurrency, which is used to finance a startup company. The fundraising method was pioneered by Ethereum in 2014, it has successfully powered the growth of ‘Smart Contracts’ and continues to enable groundbreaking technology and innovations to be developed.

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