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The Iota Foundation announced its partnership with startup cofoundery Nova to fund startups employing Iota technology. The Iota Foundation, the company behind the cryptocurrency Iota (MIOTA), announced its partnership with startup incubator Nova through a press release shared with Cointelegraph on Feb. 18. According to the release, the partnership aims to fund new startups employing Iota’s platform through the “Iota Cofoundery” program on Nova’s website, which focuses on the early stages of startup development and seed funding. The program also grants the selected startups access to Nova’s mentoring program and tech startup team, reportedly consisting of over 20 startup consultants specialized in technology. Nova has reportedly co-founded over 80 technology startups to date, and more than half of those are still active after over three years. The press release claims that, on average, the three-year startup survival rate is 10 percent. As Cointelegraph reported in November last year, ..
A financial services subsidiary of leading South Korean automobile manufacturer Hyundai has partnered with IBM. Hyundai Commercial — a financial services subsidiary of leading South Korean automobile manufacturer Hyundai — has announced a partnership with American tech giant IBM to modernize its business model using blockchain. The news was announced on Feb. 13 at IBM’s annual tech and business conference “IBM Think 2019” in San Francisco, California. Hyundai Commercial is reportedly “a corporate finance company that provides leasing and financial services for commercial vehicles and construction equipment.” The partnership with IBM will focus on using open source Hyperledger Fabric blockchain technology to create a new supply chain financing ecosystem for the Hyundai Commercial network. Network participants — which include automobile dealers, distributors and manufacturers — will have access to a real-time, shared view of all transactions on the blockchain, allowing for this data to ..
A new partnership between IBM and Boehringer Ingelheim aims to test whether blockchain provides a proper level of data integrity, transparency, and patient safety. The Canadian unit of American tech giant IBM has partnered with pharmaceutical company Boehringer Ingelheim to deploy blockchain in clinical recordkeeping, according to a press release published on Feb. 12. The cooperation between the two companies aims to test whether the integration of blockchain technology with clinical recordkeeping provides the proper level of data integrity, transparency, and patient safety, in addition to reducing costs and automating processes. Dr. Uli Broedl, Vice President, Medical and Regulatory Affairs, Boehringer Ingelheim (Canada) said, “The clinical trial ecosystem is highly complex as it involves different stakeholders, resulting in limited trust, transparency and process inefficiencies without true patient empowerment.” Within the collaboration, IBM will reportedly provide blockchain techno..
Together with Nvelop, South Korean exchange Bithumb plans to launch a regulated platform this year, according to local reports. South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12. The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the Middle East. Nvelop itself is a joint project from Abu Dhabi-based E11 Investment Fund and Taiwanese venture capital outfit Trill Ventures Group, Financial News reports. The joint venture was reportedly established to fund and develop blockchain initiatives in the Middle East and North Africa. “The partnership with Nvelop will enable us to build a foothold in the Middle East as a global exchange,” the publication quotes Bithumb as saying: “This year, we will diversify into a company centered on overseas business.” The U..
The ALS Association has partnered with TRON to run an awareness campaign, tracking donations via blockchain. The ALS Association has partnered with the TRON Foundation to launch a blockchain-enabled charity campaign, according to a press release shared with Cointelegraph on Feb. 11. The campaign, called #VoiceYourLove, aims to build awareness around amyotrophic lateral sclerosis (ALS), commonly known as Lou Gehrig's disease, and raise donations for research into treatments and finding a cure. According to the press release, TRON’s (TRX) participation in the campaign will include using blockchain technology to track donation distribution. The ALS Association plans to release data tracked by Tron to the public at the end of the campaign, the press release notes. TRON has also participated in the actual campaign, with the firm’s founder and CEO, Justin Sun, donating $250,000 to the cause. Sun, who is also CEO of BitTorrent — acquired by the firm in July — declared that the donation ..
Ripple has announced the latest new partners in its global University Blockchain Research Initiative, which include universities in China, Singapore and Brazil. Ripple has announced the latest new partners in its global University Blockchain Research Initiative (UBRI), which include universities in the United States, China, Singapore and Brazil. The development was announced in a press release published Feb. 7. As reported, Ripple launched UBRI in June 2018 to support academic research, technical development and innovation in blockchain, cryptocurrencies and digital payments. The program has now reportedly onboarded eleven new higher education partners — including Carnegie Mellon, Cornell, and Duke universities in the United States, the National University of Singapore, the University of São Paulo in Brazil, and the Institute for Fintech Research at Tsinghua University in China. In December, Ripple is reported to have rolled out a series of faculty and student grants for research in t..
Peer-to-peer torrent client BitTorrent has announced that its native TRON-based token, BTT is now supported by CoinPayments’ crypto payments gateway. Peer-to-peer (p2p) torrent client BitTorrent has announced that its native token, BitTorrent Token (BTT), based on the TRON protocol, is now supported by CoinPayments’ crypto payments gateway. The news was shared with Cointelegraph in a press release Feb. 7. As reported, BitTorrent launched its BTT token this January — its first full-fledged move to begin to tokenize its content sharing ecosystem, roughly six months after the company was acquired by decentralized internet startup TRON. According to today’s press release, BitTorrent has already been collaborating with CoinPayments on supporting TRON (TRX), Bitcoin (BTC) and Binance Coin (BNB) payments for premium services. With the addition of BTT support, users can now reportedly use the token to pay for BitTorrent and µTorrent Pro subscriptions, which offer file conversion, HD quality s..
Swiss-based crypto bank Seba partners with bank Hypothekarbank Lenzburg AG to implement its Finstar system as their open-banking platform. Switzerland-based crypto bank Seba Crypto AG has signed an agreement with Swiss mortgage bank Hypothekarbank Lenzburg AG to use its core banking system, Finstar, Cointelegraph auf Deutsch reports on Jan. 31. The partnership will allow for the implementation of Seba’s decentralized software into Finstar, as well as allowing Seba to use Finstar’s conventional services. Additionally, Seba will be able to use Finstar to process and store transactions made with cryptocurrencies and other blockchain-based products. The project is set to be completed in Q2 of 2019, a Jan. 31 press release notes. Hypothekarbank will reportedly be responsible for overseeing application management and data center operations. According to the press release, Seba will handle blockchain and crypto-specific developments independently. Seba CEO Guido Bühler was quoted in the pres..
Blockchain firm HashCash has announced a partnership with an undisclosed Australian video games developer to roll out its white label tokenization services for the gaming industry. Blockchain company HashCash Consultants has announced a partnership with an undisclosed Australian video games developer to roll out its white label crypto exchange and tokenization services for the gaming industry. The development was announced in a HashCash press release Feb. 4. HashCash is a blockchain firm focused on providing “white label” blockchain solutions for the gaming sector — i.e. pre-developed solutions that can be purchased and rebranded by their clients to facilitate the shift to a new blockchain-based business model. The firm announced in the press release that it is partnering with a “prominent Australian video games developer,” though did not reveal the name of the company. In 2017, HashCash raised $150 million in early stage venture funding to develop its solutions, which encompass initi..
Major U.K. public transport provider Go-Ahead Group Plc. is partnering with a blockchain startup on a tokenized rewards system for rail customers. Major United Kingdom public transport provider Go-Ahead Group Plc. is partnering with blockchain startup DOVU to introduce a tokenized rewards system for rail customers, TechCrunch reported Feb. 1. Listed on the FTSE 250 — an index of the 101st to 350th largest companies listed on the London Stock Exchange — Go-Ahead provides over one billion rail and bus journeys in the U.K. every year. As well as being the largest bus service operator in London, the Group’s services reportedly account for around 30 percent of all U.K. train passenger journeys. DOVU is now set to roll out its blockchain-based rewards platform — which uses a native ERC-20 token, DOV — on Go-Ahead’s widely-used Thameslink and Southern Rail services. The crypto-powered incentivization scheme will reward members for sharing their travel data, with a focus on the first and last..