Blockchain Startup Closes Multi-Million Dollar Funding Round Led by SoftBank, Baidu

Blockchain marketing platform Atlas Protocol (ATP) has concluded a seed investment round of several million dollars led by SoftBank China Venture Capital (SBCVC), according to an August 20 press release. The multi-million dollar investment round, whose final amount was not disclosed, also included participation by Baidu Ventures (BV), Danhua Capital, and Fenbushi Digital. Atlas Protocol was formed by Nebulas Labs and the xGoogler Blockchain Alliance (xGBA), with co-founder of Jide…

Inside The Blockchain Trends You Need To Know Now

BANGKOK, THAILAND – 2018/07/30: A smartphone displays the Bitcoin GBP market value on the stock exchange via the Yahoo Finance app. (Photo by Guillaume Payen/SOPA Images/LightRocket via Getty Images) Nearly every week there seems to be a conference in one city or another around blockchain, cryptocurrency or a combination thereof. While few have yet to reach the breakout status of such events as Consensus, there are some intriguing brands building…

26 Ways Blockchain Will Transform (OK, May Improve) Education

Shutterstock Blockchain is a public ledger that automatically records and verifies transactions. The distributed ledger technology (DLT) powers Bitcoin, Ethereum and other virtual currencies (which have taken a beating this month). Less publicized are all the ways DLT could transform many industries. Use cases for a transparent, verifiable register of transaction data are numerous because DLT operates through a decentralized platform making it fraud resistant. With assistance from Educause and CB…

Is The Blockchain Failing Corporates?

Frontiers BlogFrontiers Blog Corporates everywhere are struggling to make money, keep people happy and implement new technologies according to new data from Forrester. The blockchain is proving more difficult than others. Why so hard? Two main reasons; most blockchain vendors don’t offer compatible software, and the distributed ledger technology is proving to have few use cases right now according to Nasdaq senior executives. Lured by the promise and not the…

As No-Deal Brexit Looms, UK Blockchain Startups Are Weighing Options

From longer approval processes to the threat they might lose access to the European market, it’s safe to say U.K. blockchain startups are looking for contingency plans. A quick recap: in 2016, the U.K. held a referendum on whether to stay in the European Union (E.U.), with a majority of voters opting to leave the economic bloc. Since then, the government has been negotiating with E.U. officials on the terms…

IBM Applies for Blockchain Patent to Ensure Transaction Compliance via Nodes Data

Tech giant IBM has applied for a blockchain patent for the development of transaction data identifiers based on nodes, according to a patent document published by the U.S. Patent and Trademarks Office (USPTO) Aug. 16. The system described in the patent, entitled “Node Characterization in Blockchain,” intends to introduce a method of data extraction from nodes on a blockchain network in order to identify different types of transactions. Specifically, any…

Blockchain Is Starting to Show Real Promise Amid the Hype

By Avi Salzman Aug. 17, 2018 9:15 p.m. ET The blockchain revolution is here. The technology long associated with Bitcoin is now being used to make businesses as varied as trade finance, videogaming, travel insurance, and diamond mining more efficient and more secure. The blockchain revolution is also far, far down the road. If it ever comes. Partnerships and initiatives featuring blockchain seem to be trumpeted every day. Projects that…

Don't Believe The Hype: Understanding Blockchain's Limits

Shutterstock   Every relationship goes through a “honeymoon” phase—a bit of time, generally at the start of the relationship, where everything is perfect, dreamy, and mind-blowing. In technology terms, the public has been enjoying that phase with blockchain. Everywhere we turn, we hear about blockchain’s benefits—transparency, security, the ability to build “trustless” business networks for just about anything. Until now, blockchain has been the perfect virtual partner. But, as we’re…

China's First Blockchain Social Network Is The Brainchild Of A 24-Year-Old Female Poker Player

Xu Ke speaking at a tech conference in Beijing.Ben Sin Beijing native Xu Ke is really good with numbers. As an exchange student at the University of Riverside, California, in 2013, she developed a knack for poker, and though she was not yet 21 (the general minimum gambling age in the U.S.) at the time, the existence of online poker and lenient Southern California casino laws allowed her to play regularly and hone…

UEFA Super Cup Tickets Are Successfully Distributed Via Blockchain Mobile Ticketing

The UEFA Super Cup is the traditional curtain raiser for the European soccer season, pitting the UEFA Champions League and UEFA Europa League champions against each other. It’s an ‘icing on the cake’ rather than a serious European honor, but that doesn’t stop the matches from being competitive and this year there was additional intrigue. The 2018 edition in Tallinn, Estonia saw Atletico Madrid defeat city rivals Real Madrid 4-2….