Success Rate Grows as Blockchain startups scored $3.5B in first half of 2019

Startups and Companies globally are pioneering in the Blockchain Industry as the technology use cases emerge in industries other than finance, however, the majority of investors are focused on FinTech.   2.5k active companies in blockchain space backed by 1.8k investors in 2.5k funding rounds were analysed by TeqAtlas, a market intelligence provider, focused on emerging technology.     Here are some of the findings:- EOS.IO TGE ($4.2 billion) is larger than the top traditional funding deals in total ($1.9 billion). The total amount of the top 10 TGEs ($9 billion)…

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Wanxiang Appoints Computing Network, PlatON to Power China’s Largest Blockchain Smart City

Completed by 2025, Wanxiang’s Innova City received a $29 billion USD investment   Shanghai, China – Wanxiang, the biggest automotive component manufacturer in China, has partnered with PlatON, the pioneering global privacy-preserving computing network, to co-develop the data infrastructure for China’s largest smart city project in Hangzhou, slated for completion by 2025. Wanxiang has pledged to invest $29 billion over the course of the next decade to support the technological and infrastructural development in what is envisaged to become China’s largest, most interconnected, blockchain-powered smart city. PlatON’s blockchain-based network, selected…

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Ouroboros Genesis Research to be Presented at Leading Computer Security Event  

Paper from IOHK represents next step in development of proof-of-stake systems with unparalleled security   New York, NY — 17 October 2018 — IOHK, the leading blockchain research and development company behind top 10 cryptocurrency Cardano, has announced that it will present its research on Ouroboros Genesis at ACM Conference on Computer and Communication Security. The research tackles critical challenges that exist in proof-of-stake protocols and this latest version of Ouroboros, the algorithm powering Cardano, represents a significant milestone on the roadmap of research that began with Ouroboros and was…

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IOHK Launches Cardano Rust Project to Expand Global Development

  Toolkit released on the blockchain’s first anniversary provides an open-source library for developers to build decentralized applications for Cardano   New York, NY — October 1, 2018 — IOHK, the leading blockchain research, and development company behind the top 10 cryptocurrency Cardano, has launched its first open source project, opening up the technology to a wide range of third-party developers.     The Cardano Rust project is a toolbox for developers who want to build products for its blockchain. This repository provides developers with a library of functions that…

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Recent Trends & Activities in the Blockchain Distributed Ledger Industry

  When Bitcoin was discovered in 2008, a new concept was introduced to the world – the blockchain technology. Promising to make an impact on every industry including finance, IT, government, retail & e-commerce, media & entertainment, automotive, and more, it is all set to revolutionize the world. And interestingly, this revolution has already begun. Many large-sized organizations across the globe recognized the true potential of the technology. Some other organizations are still exploring it and are likely to progress fast as the technology is becoming more mature.   So,…

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