WordPress’ Parent Company Raises $300 Million from Salesforce to Hit $3 Billion Valuation

Coinspeaker
WordPress’ Parent Company Raises $300 Million from Salesforce to Hit $3 Billion Valuation
Automattic, the parent company of WordPress and Woocommerce, just got $300 Million in financing from Venture Capital firm Salesforce ventures more than doubling previous financing rounds.
WordPress’ Parent Company Raises $300 Million from Salesforce to Hit $3 Billion Valuation

Continue reading at Coinspeaker
Source: CoinSpeaker

India’s Tata Motors joins the blockchain bandwagon; launches TACNet 2.0

Asia is emerging as hub for blockchain development. Along these lines, the news of Indian car manufacturer, Tata Motors, launching blockchain-based solutions for automotive and parking marketplace has steered the attention of the blockchain community. This development comes a week after a report on the benefits of blockchain and cryptocurrencies grabbed a lot of headlines. […]
The post India’s Tata Motors joins the blockchain bandwagon; launches TACNet 2.0 appeared first on AMBCrypto.
Source: AMB Crypto

Santander launches first end-to-end blockchain bond; to issue $20 million on Ethereum’s blockchain

Banco Santander, a commercial bank in Spain announced launch of the first end-to-end blockchain bond of $20 million issued directly on the Ethereum blockchain. The bank revealed in a press release that the bond would exist only on the Ethereum blockchain. Even though the bank itself is the issuer of the bond, the purchase of […]
The post Santander launches first end-to-end blockchain bond; to issue $20 million on Ethereum’s blockchain appeared first on AMBCrypto.
Source: AMB Crypto

Mastercard and R3 Join Forces to Build Blockchain Cross-Border Payments Solution

Coinspeaker
Mastercard and R3 Join Forces to Build Blockchain Cross-Border Payments Solution
Mastercard and R3 are entering a new partnership which will allow Mastercard to be able to process payments faster. This comes after Mastercard joined the Marco-Polo trading settlements consortium.
Mastercard and R3 Join Forces to Build Blockchain Cross-Border Payments Solution

Continue reading at Coinspeaker
Source: CoinSpeaker

AOFEX Strengthens AML System and Makes Efforts to Prevent Suspicious Capital Inflows

Coinspeaker
AOFEX Strengthens AML System and Makes Efforts to Prevent Suspicious Capital Inflows
A UK-based cryptocurrency exchange AOFEX boasts a bank-level security risk control system and technology which fully guarantees fairness of transactions and provides users with quality service.
AOFEX Strengthens AML System and Makes Efforts to Prevent Suspicious Capital Inflows

Continue reading at Coinspeaker
Source: CoinSpeaker

Blockchain Soon to Self-Sovereign Control Over Our Healthcare Data?

Coinspeaker
Blockchain Soon to Self-Sovereign Control Over Our Healthcare Data?
As the process of sharing healthcare data is often fraught with issues and challenges, healthcare organizations around the globe are enamored with the idea of blockchain. Here’s how blockchain can help.
Blockchain Soon to Self-Sovereign Control Over Our Healthcare Data?

Continue reading at Coinspeaker
Source: CoinSpeaker

Cryptocurrency Staking: Reasons Why Crypto Staking is the New Favorite of Miners

Coinspeaker
Cryptocurrency Staking: Reasons Why Crypto Staking is the New Favorite of Miners
In this guest post, Ankush Gupta, a growth entrepreneur and blockchain enthusiast, reasons why cryptocurrency staking can serve as a better alternative to cryptocurrency mining.
Cryptocurrency Staking: Reasons Why Crypto Staking is the New Favorite of Miners

Continue reading at Coinspeaker
Source: CoinSpeaker

Switzerland Retail Giant Adopts Blockchain Solution for Food Traceability

Migros, the largest retailer in Switzerland recently announced its plan to implement blockchain solutions for better traceability of fruits and vegetables.
Migros Implementing Blockchain Solution
Almost every industry finds Blockchain technology as an advanced methodology to fight for various issues prevailing in the respective industry. As such, Migros with a mission to bring safety and transparency in Switzerland’s food industry will implement blockchain technology solutions offered by TE-FOOD, a food traceability firm.
To make it clearer, the TE-FOOD isn’t a blockchain firm rather it offers blockchain solutions to its clients. However, Migros implementing TE-FOOD’s blockchain solution is particularly focused on perishable foods to enhance efficiency in the food industry. As the report suggests the industry is struggling to meet the global food demands which eventually causing the food contamination in Switzerland. The collaboration between TE-FOOD and Migros intends to provide high returns for Migros as well as its supply chain partners. As for TE-FOOD, the announcement states;
TE-FOOD is the world’s largest publicly accessible, farm-to-table food traceability solution. [It] serves over 6,000 business customers, and handles 400,000 business transactions each day.
As for now, the data will only be available for internal insights, unlike the open blockchain which brings transparency to the parties involved including customers in the case of Migros. On a similar concern, the announcement reads that Migros seeks to go beyond marketing benefits and add value to the overall supply chain by its product tracking system. The release further states that the giant wants to make product recalls easier, reduce food waster and build an instant distribution channel. The whole process will eventually be compliant to the upcoming initiative called, European Food Safety Authority’s (EFSA).
Migros is the biggest supermarket in Switzerland with over 100,000 employees and also counts as the largest private employer in the country. With blockchain-based traceability solution, Migros tend to adopt a revolutionary approach in the food industry.
The post Switzerland Retail Giant Adopts Blockchain Solution for Food Traceability appeared first on Coingape.
Source: CoinGape

The World’s “First Ultra-Secure Crypto Smartphone” Unveiled In Singapore

Sirin Labs, a crypto firm founded in Israel has announced the release of its ultra-secure crypto smartphone. The company, with this development, is touted to be recognized as the manufacturer of the world’s first crypto-centric smartphone.
Sirin Labs Unveils Finney
The crypto smartphone named Finney was launched in Singapore through local electronics retailer courts. With Finney, Sirin Labs aims to solve two main pain points standing in the way of mass crypto adoption: user experience and security.
Finney Designed With A Military-Grade Security System
For enhanced security, Finney, which costs S$1,899 has been integrated with an onboard “cold-storage” crypto wallet that keeps users’ cryptocurrencies “physically insulated” from the Central Processing Unit and linked to the internal system of circuits for power via an electromechanical switch that has to be activated when users need to use their crypto. The company believes that the level of security provided is military-grade.
Other Special Features
Physically Activated Safe Screen: Sirin Labs also demonstrated that Finney has been designed with a safe screen which needs to be physically activated before transactions can be made. The inbuilt crypto wallet allows for convenient transactions, along with an exchange service which can be used without the need of a third-party exchange body.

Custom Operating System: Sirin Labs has built-in a custom operating system, Sirin OS, for the smartphone. This Operating System is certified by Google and it enables Sirin Labs to implement a cold storage crypto wallet, together with cybersecurity inclusions, Token Conversion Service (TCS) and center app store.
Encrypted Transactional data: The Finney has a combination of hardware and software which work together with the safety screen and crypto wallet technologies in order to isolate sensitive data, altogether ensuring that transactional data are kept safe and untampered. Also, the safe screen and crypto wallet can only be connected to the power system upon physically activating the safe screen.
Calls And Text Messages Encryption By Koolspan: Another incredible innovation coming with the Finney is the koolspan’s TrustCall mobile application which can also be installed on both android and iOS devices. While this feature doesn’t necessarily add any extra security to the crypto wallet, it does ensure that phone calls and text messages by making use of FIPS 140-2 validated, end-to-end 256-bit AES encryption.

Three-Factor Authentication 3-FA: The Finney comes with a three Factor Authentication of wallet security and cryptocurrency transfers. It includes a combination of behavioral, biometric and lock pattern.
With this new offering, Sirin Labs has become a pace-setter in the field of ultra-secure smartphone production after the ultra-secure US$16,000 Solarin smartphone that they launched back in 2017.
The post The World’s “First Ultra-Secure Crypto Smartphone” Unveiled In Singapore appeared first on Coingape.
Source: CoinGape

OKEx envisions more financial inclusion between traditional financial market and crypto market, claims Andy Cheung

Currently employed methods used by traditional financial system make it difficult for the system to maintain records effectively and efficiently. In light of the same, OKEx aims to simplify the entire process by integrating the platform with blockchain technology. OKEx aims to fill the gap in a cost-effective way. With a wider user base, OKEx […]
The post OKEx envisions more financial inclusion between traditional financial market and crypto market, claims Andy Cheung appeared first on AMBCrypto.
Source: AMB Crypto

Harmony Partners with Everstake Expanding Staking as a Service to Institutional Investors

Coinspeaker
Harmony Partners with Everstake Expanding Staking as a Service to Institutional Investors
Harmony partnered with Everstake, a Staking Service Platform will now add support for Harmony Nodes to their customer base.
Harmony Partners with Everstake Expanding Staking as a Service to Institutional Investors

Continue reading at Coinspeaker
Source: CoinSpeaker

ICONLOOP To Implement Blockchain-Based Certification on Korean Art Platform

ICONLOOP, South Korea’s leading blockchain network is all set to apply its blockchain-based certificate service ‘broof’ to ‘ARTnGUIDE’, the first online service Korean platform for co-purchasing works of art. The partnership marks the first case of applying blockchain-based certificate issuance service to the art market.
The partnership seeks to help in preventing cases of forgery and theft by storing details of jointly purchased artworks on the blockchain, thus, helping in reliable management and maintaining transparency. ‘broof’ supports storage, certificate issuance, and prevention of falsification on the ICON public blockchain network.
From The CEO’s Desk
Jonghyup Kim, CEO of ICONLOOP expressed this enthusiasm and said,
“Blockchain technology can enhance the transparency and efficiency of art trading, effectively revitalizing the art purchasing market.”
He added,
“Through the cooperation with Yeolmae Company, which aims to popularize the art culture and vitalize the market, ICONLOOP will work together to protect intellectual property rights and prevent counterfeiting.”
While several crypto projects are yet to recover from the prolonged altcoin winters, ICONLOOP seems to be keen on innovation. The previous month ICONLOOP launched its decentralized passport service.
The system utilizes the decentralized identifier (DID) protocol on the ICON blockchain. Additionally, users can store their information on the DPASS app. Also, they can enjoy various services on the platform without reconfirming their identity.
Furthermore, as an additional security measure, DPASS works with ‘broof’ which enables the storage of tamper-proof security certificates. The platform is well suited to work with a large number of online and offline services which require such advanced security layers.
Close Connections with the South Korean Government
ICONLOOP enjoys close connections with the South Korean Government. Recently, the Financial Services Commission (FSC) added ICONLOOP’s ‘my-ID’ service into the ‘Innovative Financial Services and Regulations Sandbox’.
The digital ID system is useful for non-face-to-face verifications when opening bank accounts. Interestingly, 18 companies, which include banks, securities firms and e-commerce companies, have expressed their interest in participating in the Innovative Financial Service project.
ICON(ICX) Price
Source- CoinMarketCap
At press time,  ICX is trading at $0.213603 with a marked increase of 4.49% in the past 24 hours.
The post ICONLOOP To Implement Blockchain-Based Certification on Korean Art Platform appeared first on Coingape.
Source: CoinGape

Walmart Files Patent to Create its Own Libra-Like Stablecoin

Coinspeaker
Walmart Files Patent to Create its Own Libra-Like Stablecoin
Walmart has filed with the U.S. Patent and Trademark Office, an application to create its own Libra-like digital currency. The filing points to the asset being a stablecoin with a focus on financial inclusion.
Walmart Files Patent to Create its Own Libra-Like Stablecoin

Continue reading at Coinspeaker
Source: CoinSpeaker

Governments, Step Up Your Cryptocurrency Support, or Get Left Behind

Coinspeaker
Governments, Step Up Your Cryptocurrency Support, or Get Left Behind
It’s time for nations around the world to show how they will be positively involved with the crypto technology and the companies working with it, or get left behind.
Governments, Step Up Your Cryptocurrency Support, or Get Left Behind

Continue reading at Coinspeaker
Source: CoinSpeaker

SEC Commissioner Advocates for Regulators to Take a Dynamic Approach to Crypto Markets

As a deluge of regulatory measures looms on the horizon of the nascent crypto markets, many analysts and investors alike have been quick to plead with regulators to not regulate the markets with the stroke of a broad brush, and to rather take a case-by-case approach.
Now, one pro-crypto SEC Commissioner is echoing these requests, and noted in a recent speech that she believes a dynamic approach to the crypto markets will be most effective and will stop the U.S. from falling behind other countries when it comes to regulating the bourgeoning markets.
Commissioner Peirce Fears US May Fall Behind Other Countries in Crypto Regulation
Last month the world was taken aback when US President Donald Trump and Treasury Secretary Steven Mnuchin both shared their negative opinions on Bitcoin and cryptocurrency in general, with the Treasury Secretary noting the crypto markets will soon be met with “very, very strong” regulations.
Despite this, if these “very strong” regulatory measures are not forward thinking and are implemented with the goal of restraining the technology, the United States may fall behind other countries.
Hester M. Peirce, a commissioner at the SEC, recently spoke about regulating the crypto markets during a speech in Singapore, where she explained that the country may drive companies and innovation into other countries.
“I often have expressed my concern that the U.S. will fall behind other countries in attracting crypto-related businesses unless we are more forward-leaning in establishing a regulatory regime with discernible parameters,” she explained.
One peculiarity about the US regulatory system that makes it difficult is the large amount of regulatory bodies that could have jurisdiction over the crypto markets.
“One of the peculiarities of the U.S. system is the sheer number of regulators. Not only do we have the state-federal allocation of responsibility that I just mentioned, but we have multiple federal financial regulators,” she noted.
Cryptocurrency Companies Concur with Commissioner Peirce
Recently, FinTech company Ripple sent a letter to Congress advocating for a case-by-case approach to regulating the crypto markets, with the company’s CEO Brad Garlinghouse explaining in a tweet that “not all crypto is the same.”
“This industry is at a crossroads. On the eve of more congressional hearings on blockchain, we @Ripple want to make things clear – not all crypto is the same, and we’re committed to partnering with govts and financial institutions globally,” he explained.

This industry is at a crossroads. On the eve of more congressional hearings on blockchain, we @Ripple want to make things clear – not all crypto is the same, and we’re committed to partnering with govts and financial institutions globally. https://t.co/lSYJbF9RSS
— Brad Garlinghouse (@bgarlinghouse) July 29, 2019

As the regulatory situation surrounding the crypto markets continues to unfold, it is highly probable that the world will soon know whether or not the US will stay a center for innovation, or if companies will begin shifting their operations elsewhere.
Featured image from Shutterstock.
The post SEC Commissioner Advocates for Regulators to Take a Dynamic Approach to Crypto Markets appeared first on NewsBTC.
Source: New feedNewsBTC.com