The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry. On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting and create a standardized insurance data repository using distributed ledger technology. OpenIDL is a joint initiative of the Linux Foundation and the American Association of Insurance Services, a national insurance advisory organization in the United States. The open-source project brings together major global insurance…
Tag: Launches
New York Stock Exchange Launches First Trade NFTs
Key Takeaways The NYSE has created a series of six NFTs to commemorate the first trades of various stocks. The lineup includes tokens related to Spotify, Unity, Roblox, DoorDash, Snowflake, and Coupang. The NFTs are listed on Crypto.com’s NFT trading platform. Share this article The New York Stock Exchange (NYSE) has launched a series of crypto collectibles, also called non-fungible tokens or NFTs. Tokens Commemorate First Trades The exchange has created six tokens that commemorate the first listings of publicly traded companies. NYSE president Stacey Cunningham wrote in an announcement:…
Oxfam Formally Launches Blockchain Platform for Rice Farmers in Cambodia
Twitter Facebook LinkedIn Oxfam has launched a blockchain project for farmers dubbed BloCRice, which seeks to increase the bargaining power of farmers by digitally connecting every player in the supply chain on one platform, local Cambodian news outlet reports. Based on the report, the new platform will leverage on smart contracts to build digital agreements between organic farmers and exporters of rice in Cambodia and their buyers in the Netherlands. Solinn Lim, country director of International charity Oxfam in Cambodia, was quoted by the news outlet saying: “BlocRice promotes the…
TRON Launches Accelerator Program for DApp Developers
Decentralized Internet project TRON (TRX) is launching a $1 million accelerator program to support developers building DApps and products on the TRON protocol, according to a press release shared with Cointelegraph Nov. 16. The initiative aims to facilitate consumer adoption of blockchain technology through TRON’s ecosystem following the recent acquisition of peer-to-peer file sharing service BitTorrent, Project Atlas, and payment service Poppy app. TRON’s protocol currently processes more than one million transactions and 600,000 wallets. The startup will purportedly accept submissions to its accelerator through December, while the winners will…
Global Charity Oxfam Launches Blockchain Project to Empower Cambodian Rice Farmers
Twitter Facebook LinkedIn Global charity organization Oxfam has launched a blockchain technology platform aimed at enhancing the transparency and traceability of the rice supply chain in Cambodia. Known as BlocRice, the app uses distributed ledger technology to implement smart contracts where details such as the farm gate price of organic rice, trade volume and method of transportation are recorded, according to the Khmer Times. The project which will initially work with 50 rice farmers in Cambodia’s Preah Vihear province during the first year is expected to boost the bargaining power…
Chinese City in Hunan Province Launches Blockchain Platform for Real Estate Data
The Chinese city of Loudi has launched a blockchain platform to store real estate data, the Chinese Communist Party’s official newspaper, People’s Daily, reports Nov. 13. The platform is backed by land, tax and real estate departments in the city, which is located in central Hunan province. Starting Nov. 15, the new system will let citizens avoid lines and other bureaucratic processes when submitting documents to the above-listed departments, the newspaper states. Also today, the first real estate electronic voucher was issued in the city via the new blockchain-based system.…
New Crypto Battle Game Launches Where Skills, Not Collectibles, Matter
Crypto games are all the rage right now – but for all of the talk about collectibles one blockchain startup says there’s a key element which is being overlooked: skill. Ether Kingdoms believes gamers want more than an opportunity to collect virtual assets – and it has created an “exciting and engrossing game that can make real money for the player.” At the heart of its universe are imps – “the kingdom’s main workers and warriors.” They can go mining for IMP tokens – with one IMP equal to a…
Amazon and ConsenSys-Built Kaleido Launches Full-Stack Marketplace
Blockchain software-as-a-service (SAS) project Kaleido has launched a marketplace to provide its users with a “full-stack enterprise platform.” Their “Blockchain Business Cloud” now features a “new marketplace [of] trusted tools and services from Kaleido, AWS, and members of the new partnership program, all offered as plug-and-play.” The suite of services will feature oracles, wallet and ID services, supply chain tools and even legal contract software. According to a company statement, “Clients now have access to native AWS integrations, popular services such as HD wallets for privacy and ID registries for…
Binance Launches Research Arm For “Institutional-Grade Research Reports”
Popular cryptocurrency exchange Binance announced today that it has launched a new division dedicated specifically to industry analysis. In a November 8, 2018, announcement, Binance described some of the responsibilities of this new division, which has been dubbed Binance Research. The research is “focused on the creation of institutional-grade research reports” and has “the aim of increasing transparency and improving the quality of information available within the crypto space.” To this end, Binance has paired the official public announcement of this new division with some of the research that it…
JRR Crypto Launches Token Design Competition
In a collaboration with LongHash and BTC Inc, JRR Crypto has launched an international token design competition. Beginning on October 26, 2018, JRR Crypto launched this design competition at a multiday festival in Berlin. According to the group, it’s designed to address one of the fundamental issues that the development of decentralized projects faces today. “JRR observed that most blockchain projects that design a pass-through mechanism are too focused on fundraising rather than actual economic model building and the landing of business models,” according to a translated description of the…