Blockchain

Why the Danish Red Cross put a volcano catastrophe bond on a blockchain

Why the Danish Red Cross put a volcano catastrophe bond on a blockchain

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Quick Take The Danish Red Cross has teamed up with blockchain startup Replexus to issue the first-ever blockchain-based catastrophe bond. So-called cat bonds let the relief organization raise money that can be spent immediately in the event of a disaster. But why does the bond need a blockchain? This feature story is available to subscribers …

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AMBCrypto

XELS launches Eco-conscious blockchain platform for Carbon Offset Credits

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 XELS, one of the leading startups tackling climate change by increasing participation and transparency in carbon markets, is listing its eponymous XELS token on Bittrex Global on 8 April 2021.  Tokenized Carbon Credits  XELS will provide both businesses and individuals access to a blockchain-based carbon offset platform, initially focused on tokenized voluntary carbon offset credits. …

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Enjin raises nearly $19 million to build Polkadot-based NFT blockchain

Enjin raises nearly $19 million to build Polkadot-based NFT blockchain

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Blockchain development firm Enjin has raised $18.9 million to build a Polkadot-based blockchain network, especially for non-fungible tokens (NFTs). The network, dubbed Efinity, will have its own token called Efinity Token (EFI), Enjin CTO Witek Radomski told The Block. And the funding has been secured via selling EFT tokens, said Radomski. Crypto.com Capital, DFG Group, …

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Sheila Warren: Four Blockchain Trends I'm Watching

Sheila Warren: Four Blockchain Trends I’m Watching

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This year has been off to a notable start for crypto and blockchain. On Jan. 7 the total cryptocurrency market hit an all-time high exceeding $1 trillion for the first time. Renewed interest in, and conversations around, blockchain technology and digital currencies from industry and government leaders have accompanied the rise. At the same time, …

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Vladimir Putin signs order requiring Russian public officials to disclose crypto holdings

Sberbank seeks central bank approval for blockchain platform: report

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Major Russian state-owned bank Sberbank has sought approval from the country’s central bank for a blockchain-based financial platform, local Russian news outlet Interfax reported on Thursday.  According to the report, the bank has submitted an application to the Central Bank of the Russian Federation to register a blockchain platform, with plans to launch in the …

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Chinese Hospital Issues First Electronic Bill on Blockchain

Chinese Hospital Issues First Electronic Bill on Blockchain

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A hospital in China sent the first electronic bill to a patient on its blockchain-based invoice management platform on Monday.  The People’s Hospital of Chengmai County, a public hospital in the Hainan province of South China, is the first hospital to issue and keep track of invoices on a blockchain in the province, according to …

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Blockchain Bites: Bitcoin Rebounds, Addresses Above 2017 Peak, Sci-Hub Decentralizes

Blockchain Bites: Bitcoin Rebounds, Addresses Above 2017 Peak, Sci-Hub Decentralizes

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Bitcoin’s price is bouncing back, having found a floor of around $30,000 to stand on. Meanwhile, the number of active bitcoin addresses and transaction volumes has climbed above peaks set in 2017. Also, content moderation decisions from Amazon, Shopify and Twitter following the Capitol riots in Washington, D.C., on Jan. 6 have put efforts to “decentralize” …

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Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges

Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges

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Sygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange. On Thursday, the company announced an “end-to-end tokenization solution,” comprising of both a primary market issuance platform called Desygnate, and SygnEx, a secondary market trading venue. The solution …

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