Northern Data and Canaan collaborate on blockchain and AI development

Blockchain solutions and datacenter provider, Northern Data has announced its cooperation with Canaan, a blockchain technology firm, in order to bring development in the area of artificial Intelligence, blockchain technology and data centre operations.

Integrating Canaan's expertise in the fields of AI chip development and ASIC hardware with Northern Data's initiatives in data centre and blockchain infrastructure at scale will offer both firms a solid bedrock to develop and...

National Stock Exchange of Australia building blockchain system with new partnership

The National Stock Exchange of Australia has announced that it has partnered with fintech firm iSignthis in order to develop a blockchain-based settlement and clearing system called ClearPay.

The system will help to offer digital asset trading as well as settlements in real-time. It could also be used to make fractional trading—the option to say, buy a fraction of an Apple stock—possible. ClearPay is expected to be launched in early 2021 after which the National Stock...

Tech Mahindra and Telangana government launch blockchain accelerator program

India-based IT service firm Tech Mahindra has launched an inaugural accelerator program called T-Block Accelerator for Telangana Blockchain District in partnership with the state government and IBC Media, an innovation management firm.

According to the company, the initiative is focused on startups that have a strong blockchain use case, boosting the growth of startups and contributing to overall industry growth.

With the help of this initiative, Tech Mahindra will...

Forbes’ Blockchain 50 reveals enterprises ‘embracing’ multiple providers

Forbes has published its latest Blockchain 50 list; a half-century of the largest companies with significant blockchain technology initiatives, in a year the publisher has described as one where enterprises have ‘embraced’ the technology.

The list, for which qualification sits upon on either generating revenues or having a valuation in seven figures, can be seen as something of an important milestone. Forbes’ Cloud 100 for instance, a yearly evaluation of the most...

Enjin announces launch of game development platform on Ethereum

Blockchain development platform Enjin has announced the launch of its latest initiative: a game development platform on Ethereum.

The platform will enable potentially millions of developers to integrate crypto assets into games and apps with no knowledge of writing blockchain code. According to the company, the Enjin Platform allows game engineers to take advantage of decentralised inventory, to integrate blockchain-based gaming and non-gaming assets, and to manage economic game...

UEFA to unveil new blockchain ticketing system for upcoming Euro 2020 championship

UEFA, European football’s governing body, is to introduce a blockchain-based ticketing system for the upcoming Euro 2020 championship.

In order to boost the fans’ football experience, the UEFA blockchain ticketing system will include the distribution of match tickets through a mobile ticketing system application. This system is expected to deliver more than one million mobile tickets across the entire tournament.

According to UEFA, as Euro 2020 is expected to be its...

Chainalysis announces global rollout of anti-money laundering compliance solution for Tether

Blockchain analysis provider Chainalysis has announced the global launch of its compliance solution in partnership with Tether.

Chainalysis Know Your Transaction (KYT) for Token Issuers is a real-time anti-money laundering (AML) compliance solution that monitors a token from issuance to redemption.

Jonathan Levin, co-founder of Chainalysis said: “Stablecoins like Tether, which peg their value to other assets, were developed to appeal to mainstream audiences who are...

Mastercard, Binance X and Xpring join Blockchain Education Alliance in ‘significant’ move

The Blockchain Education Alliance has announced the joining of several new members, including Mastercard, Binance X, the innovation arm of major crypto exchange Binance, Ripple's accelerator Xpring and cryptocurrency exchange KuCoin.

Other members to join the Alliance are smart contract platform NEO, IoT startup IoTeX, blockchain security firm Quantstamp and big data blockchain service Constellation Labs.

The Blockchain Education Alliance was launched in October 2019 by...

Paystand raises $20m in series B funding in aim to become ‘Venmo for enterprise transactions’

California-based Paystand has raised $20 million in its latest series B funding round that will help the cloud-based PaaS payment network to expand its products and services.

The secured funds will also help the firm to expand sales, marketing, success, and engineering teams at its California and Mexico offices.

Paystand simplifies complex commercial transactions and payments for enterprises, with the company claiming it wants to do for enterprise transactions what...

Australia to ramp up blockchain efforts with new government roadmap

The Australian Government has put together a roadmap document suggesting how the country can capitalise from blockchain technologies in five years’ time.

The document outlines various areas where blockchain technologies could benefit Australia. For instance, product counterfeiting and substitution cost the Australian food and wine industry more than AU$1.68 billion in 2017 alone. Overall, the roadmap advocates use cases around data redundancy, information transparency, data...