Blockchain 

Share Internet Data Launches Banking App in Tandem With LDJ Capital

Internet crowdsourcing company Share Internet Data Ltd (SID) has partnered with private equity firm LDJ Capital to launch a blockchain-based digital banking solution. The new digital banking app is called LDJ Digital, according to a press release on July 16. According to the announcement, LDG Digital can function as a debit card and it supports both fiat money and cryptocurrencies. Moreover, the professed goal of LDJ Digital is to provide banking services to the unbanked, as per the report. LDJ Digital will reportedly be a part of the existing SID…

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Blockchain 

Brazilian State Launches Blockchain Platform for Government Contract Bids

In Brazil, the state of Bahia has launched a blockchain application to track the process of public bidding on government contracts, according to a report by Cointelegraph Brazil on July 12. The blockchain-based solution, called Online Bid Solution (SOL) was reportedly developed by Cayenne Technology and Design. Bids will reportedly be completely transparent and secure due with the application of blockchain tech. According to Bahia government, the intended beneficiaries of SOL appear to be the Brazilian agriculture industry. The solution is designed to help connect agriculture organizations in Bahia with…

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Bitcoin 

Binance Officially Launches Its 2.0 Platform With Margin Trading

Top crypto exchange Binance has launched its margin trading platform, an official blog post published today, July 11, reveals. Binance’s move to expand trading possibilities to meet the full scope of institutional and retail traders’ needs had already been indicated by exchange CEO Changpeng Zhao this May — the same month the exchange had suffered a major hack incurring $41 million in losses. In today’s announcement, Binance notes that margin trading — which allows exchange account holders to use their existing balances as collateral to open both long and short…

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Blockchain 

Cadence Launches Blockchain-Based Tokenized Debt Marketplace

Cadence, an American blockchain-based alternative investment provider, has launched an investment platform for debt, according to a press release on July 10. By launching its private credit investment platform, Cadence aims to bring more transparency and efficiency to the asset class in order to help companies grow their businesses. Cadence turns commercial debt into digital tokens that can be traded on its platform. Private credit, or private debt, is a type of alternative investment which has only been accepted as a separate asset class very recently. Private debt investments are…

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Ethereum 

Korea’s LG Launches Blockchain Supply Chain Platform For School Lunches

LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. The news was reported by business technology site ZDNet on July 9. The new system — created in collaboration with local IT service provider SayIT — will be based on LG’s proprietary blockchain platform, “Monachain,” which first launched in May 2018.  In cooperation with regional governments, the system will be implemented for foods served at national school cafeterias and will provide transparent information and supply chain history…

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Blockchain 

Social Network Taringa! Launches Stablecoin Rewards for 27 Million Users

Latin American social networking giant Taringa! has partnered with MakerDAO and e-wallet provider Airtm to launch a stablecoin-powered points system for its 27 million strong user base.  According to an official Taringa! news release published on July 7, the development was revealed on Friday during the Blockchain Summit Latam in Mexico City.   The pilot program, dubbed “Taringa! Pioneers,” will reportedly reward users with points for creating popular platform content, which can then be monetized by being converted into MakerDAO’s Ethereum blockchain-based stablecoin DAI.  Taringa!’s news release places a strong accent…

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Ethereum 

Blockchain Dev Firm Launches First Smart Contracts on Microsoft’s .NET

Developers can now write smart contracts in C# on Microsoft’s .NET architecture. Blockchain development firm Stratis Group Ltd has launched the first smart contracts on Microsoft’s .NET architecture, according to a press release shared with Cointelegraph on July 3. The company has introduced the Cirrus Sidechain Masternodes and Stratis Smart Contracts products designed to enable businesses to develop smart contracts in the programming language C#, a general-purpose language originally developed by Microsoft within its development platform .NET. This will purportedly allow enterprises to deploy smart contracts on one underlying general-purpose…

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Blockchain 

IBM Launches Blockchain Pilot for Bank Guarantee Processes

Tech giant IBM has launched a pilot for a blockchain-powered platform designed to streamline bank guarantee process In a press release shared with Cointelegraph on July 3, IBM stated that the pilot was launched in partnership with four Australian financial services companies. The pilot — dubbed Lygon — is backed by IBM, the Australia and New Zealand Banking Group Limited, Commonwealth Bank, real estate operator Scentre Group, and Australia’s first bank Westpac. The pilot is set to run for eight weeks for a test group of retail property leasing customers…

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Ethereum 

IOTA Foundation Launches Trinity, a New Software Wallet for IOTA tokens

The IOTA Foundation has launched the Trinity wallet, as the organization announced in a press release on July 2. The announcement advertises the Trinity wallet as an improve to both ease-of-use and security for users conducting transactions in IOTA, with the purported goal of appealing to both new and advanced users. Reportedly, the wallet’s beta version has seen 160,000 downloads and transactions worth over $1.8 billion of IOTA. Cybersecurity firms SixGen andAccessec audited the application in advance of release. As a software wallet, Trinity is designed for compatibility with Ledger’s…

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Blockchain 

Blockchain-Based Insurance Platform for Farmers Launches in Sri Lanka

Decentralized insurtech firm Etherisc has launched a blockchain-based insurance platform for farmers in Sri Lanka The platform is the result of a partnership with the insurance company Aon and the charity Oxfam in Sri Lanka, according to a press release by Aon on July 1. As per the report, the aim of the insurance platform is to provide a way for Sri Lankan farmers to access risk protection in the face of potential crop-obliterating weather conditions. The report states that almost 200 farmers have enrolled to use this platform for…

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