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Petchains to Revolutionize the Pet Care Industry and Create a Secure...

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Pets are mankind’s best companions. And rightly so, given the sense of trust, security and affection they bestow upon their owners. The pet survey conducted in the year 2017 showed that the pet market is a sector worth 125 billion US dollar with an annual growth of about 5%. With an increasing number of investors contributing towards this track, the market saw an outlay of 486 million US dollars on pet technology in a span of 4 years, from 2012 to 2016 alone. By all means, care and raising of pets have become an inseparable part of social structure. However, with growing industrial demand, the obligation to meet the r..

PwC Partners With BitFury to Create Blockchain Accelerator in Russia

Mining and blockchain software company Bitfury partners with global consulting group PwC to launch a blockchain accelerator in Russia. Big four consulting firm PricewaterhouseCoopers (PwC) has partnered with mining and blockchain software company Bitfury Group to create a blockchain accelerator for businesses in Russia, according to a PwC press release today, Dec. 13. The release explains that PwC has already used Exonum — Bitfury’s open source framework for building blockchain applications — for educational courses and seminars. According to the release, the main goal of the new accelerator is to meet the “current needs” of the consulting giant’s enterprise clients in Russia. Victor Nelin, an IT consulting manager at PwC’s Russian branch, claimed that BitFury and PwC will provide “fundamentally new” products to companies in different industries within the next few years. The release also cites a recent PwC study on blockchain implementation in the energy sector. The company believes ..

Ledger, Neufund Partner to Create Security Tokens Framework

Crypto hardware wallet Ledger to allow users to manage security tokens through Ledger’s desktop app. Cryptocurrency hardware wallet firm Ledger has partnered with German crypto startup Neufund to let users manage security tokens via Ledger’s desktop app, according to a press release Dec. 6. Ledger’s collaboration with blockchain-based equity and crypto fundraising platform Neufund aims to develop a framework for security tokens. Ledger Live — a recently launched desktop application for crypto asset management — is reportedly adding an ERC-20 integration “soon.” The app will let users manage security tokens issued via Neufund’s set of protocols. Previously, Neufund teamed up with cryptocurrency exchange BitBay to let investors buy and sell equity tokens with fiat currencies. At that time, Neufund was reportedly aiming to become the first end-to-end primary issuance platform for security tokens, specializing in equity tokens. Meanwhile, Ledger announced in late November that it is expan..

Major Latin American Bank Conglomerate Itau to Create Blockchain Platform for...

The largest private bank in Brazil, Itau Unibanco, has tested a $100 million loan on a blockchain platform powered by R3. Brazil’s largest private bank has partnered with United Kingdom bank Standard Chartered to create a blockchain-based platform for small loans, according to a press release published by Itau Tuesday, Dec. 4. Itau Unibanco, also a major Latin American banking group, and Standard Chartered both offer international banking services. The two entities have successfully conducted a proof-of-concept (PoC) for the mentioned platform, based on Corda Connect developed by New York-based blockchain startup R3. Moreover, Itau and Standard Chartered, joined by United States multinational financial services company Wells Fargo, have issued a club loan of $100 million to test the platform. According to the release, the points of trial contract were effectively negotiated during the experiment, and the document was then checked for compliance with the conditions set and finally sign..

China: Insurance Giant Ping An Subsidiary to Create Boutique Bank Supported...

A subsidiary of Chinese insurance holding Ping An Group will create a boutique bank backed with AI, blockchain, and big data. Ping An Bank, a subsidiary of China’s Ping An Insurance Group, will launch a boutique bank using blockchain, cloud services, and the Internet of Things (IoT). Ping An Insurance Group is one of the world's leading financial and insurance corporations, and their subsidiary’s announcement was reported on Nov. 20 by People’s Daily, China’s official state run press service. A boutique bank is defined as a non-full service investment bank that supports more individualized services than larger firms. The new boutique bank will rely on Ping An Group's scientific and technological skills and comprehensive financial capabilities to provide integrated financial services to enterprises through Ping An Bank's supply chain receivables service platform, entitled "SAS.” The article states that the authenticity of transactions will be provided by the SAS platform..

Malaysian MP Urges Gov’t to Create Regulations Before Approving Political Funding...

A Malaysian MP has urged the government to wait and develop appropriate regulation before approving the political Harapan Coin cryptocurrency project. A Malaysian Member of Parliament has urged the government to implement proper cryptocurrency regulations before undertaking the Harapan Coin (HRP) cryptocurrency project, local English-language news daily the Star reported Nov. 14. Launched by “a group of patriotic and concerned Malaysian citizens, within and outside of Malaysia,” Harapan Coin claims to be the world’s first political fundraising platform deploying cryptocurrency and blockchain technology. The project’s mission is to raise money for the opposition party of Malaysia. The coin’s creators suggest that HRP has the “potential to become an official currency.” Fahmi Fadzil, director of the People's Justice Party (PKR) of Malaysia has reportedly stressed the necessity of appropriate cryptocurrency regulations before they are used to finance political campaigns and initiativ..

IBM Thailand Promotes AI, Blockchain in Order to Create Regional Sales...

The Thai branch of IBM will promote blockchain and AI to turn the country into a major sales hub in the surrounding region. The Thai branch of U.S. global IT company IBM will promote blockchain and artificial intelligence (AI) in order to turn the country into a major sales hub in the surrounding region, English-language daily news outlet The Bangkok Post reports Wednesday, Nov. 14. According to the article, IBM is going to promote blockchain in collaboration with the country’s central bank, Bank of Thailand. A recent survey by IDC-IBM shows that global spending on blockchain will reach $9.7 billion by 2021. Moreover, IBM is also discussing the possibility of blockchain education in local schools and universities, aiming to provide enough member of the workforce for the industry in the nearest future. IBM concurrently plans to use Watson AI, a computer system equipped with AI and capable of answering questions by using its database, to find insights for different areas in the country,..

Ethereum’s Joe Lubin: Blockchain Will Help to Create More Wealth

Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin has said that with blockchain, society will move “from a scarcity to an abundance mindset.” Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin has said that with blockchain, society will move “from a scarcity to an abundance mindset,” in a New York Times (NYT) interview published Nov. 12. Lubin made his remarks at the NYT’s International Luxury Conference at the Intercontinental Hotel in Hong Kong, which runs Nov. 12-13 and brings together speakers that include the CEO of fashion brand Balenciaga, the president of Alibaba Group, and the CEO of luxury coat producer Moncler. During the conference, Lubin spoke about how the advancements heralded by blockchain tech could potentially give control back to society, allowing for more individual “agency”: “We are going to to be more in control of our identity and our agency on these different decentralized networks and I think that’s going to create more wealth [...] more interest in exp..

Binance Launches Research Wing to Create ‘Institutional-Grade’ Research Reports

Leading crypto exchange Binance has announced the launch of its new analysis division to prepare “institutional-grade” research reports within the cryptocurrency space. The largest cryptocurrency exchange, Binance, has launched an analysis division to conduct “institutional-grade” research reports, according to an announcement published Nov. 8. Binance’s new analysis division, Binance Research, is set to prepare institutional-grade research reports with the objective of increasing transparency and improve the quality of information within the cryptocurrency space. The division has already conducted and published two in-depth reports devoted to a decentralized blockchain that supports smart contracts and distributed applications, and a scaling solution for Ethereum (ETH). Binance Research is not the first project from the exchange beyond its original mandate. In the beginning of October, Binance announced it will donate all listing fees to charity, as well as allow developers themselve..

‘World’s Most Bulletproof Crypto’: Company to Create a Coin Backed by...

sponsored This new coin can be used for online payments or money transfer services like PayPal. A Swiss company, Alprockz AG, has developed the cryptocurrency ROCKZ, and says it is the first coin paired to one of the most stable fiat currencies in the world — the Swiss Franc (CHF). According to the company, it has already partnered with Geneva Swiss Bank - GSbanque. The team calls the product “the most reliable and predictable crypto cash”, and claims they created the “world’s most bulletproof cryptocurrency.” The new coin can be used for money transfers, storing assets and for online payment methods like PayPal. CHF as a worth guaranteeAlprockz AG decided to connect their digital asset with the traditional economy. Because of this decision, it offers their new Ethereum blockchain-based platform and cryptocurrency ROCKZ (RKZ), which will be backed by the Swiss national currency, the Franc ($0.99) at the rate of 1:1. The company has also developed a platform to exchange and store ROCK..
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