Amazon looking to hire digital currency and blockchain expert

Amazon office

A new Amazon job posting for a “digital currency and blockchain product lead” further solidifies speculation that the e-commerce giant is planning to bring its payments system into the crypto age.

The position, based at Amazon’s headquarters in Seattle, will be part of the company’s payments acceptance and experience team.

The job posting, which calls for “an experienced product leader to develop Amazon’s digital currency and blockchain strategy and product...

ShapeShift to decentralise entire company, begins with record airdrop

ShapeShift, a leading global cryptocurrency management platform, has begun dismantling its corporate structure to decentralise governance to its customers through its FOX token.

The process was initiated with 340 million FOX tokens being granted to more than a million recipients, making it the largest crypto airdrop in history. Current and past ShapeShift users, KeepKey hardware wallet owners, and users of other DeFi protocols all received tokens.

ShapeShift’s decision...

Klaytn and ConsenSys to collaborate on Bank of Korea CBDC pilot

Klaytn, the public blockchain project of Korean Internet provider Kakao, has announced a strategic partnership with ConsenSys to improve its digital currency capabilities in preparation for its participation in the Bank of Korea's CBDC pilot platform later this year.

As well as working with national banks, Klaytn also expanded into the NFT market through OpenSea support at the end of March, highlighting the company's diverse array of ventures so far this year.

Klaytn...

Weekly NFT roundup April 21-27: IBM, white label platforms, and real estate NFTs

The NFT industry saw a major partnership announced between IBM and IPwe this week. Meanwhile, the development of white-label NFT platforms looks to reduce start-up costs into the industry and foster increased NFT adoption.

IBM and IPwe partner on using NFTs for next generation of corporate patents

IPwe will be using the IBM blockchain as infrastructure for its new NFT patent system. The tokenisation of patents will help them to be more easily traded and commercialised...

Singapore fintech STACS secures $3.6m to develop blockchain solutions for financial sector

Singapore-based fintech Hashstacs Pte (STACS) has raised $3.6 million (£2.6m) in pre-series A funding to develop blockchain platforms that can work with financial institutions’ existing infrastructure.

The round was led by Wavemaker Partners, which focuses on enterprise and deep tech companies in Southeast Asia, with participation from the Tribe Accelerator, a program for blockchain startups with support from the Singaporean government.

Since being founded in 2019,...

Deutsche Telekom invests in Celo mobile blockchain

Telecoms giant Deutsche Telekom has invested in the mobile decentralised finance (DeFi) platform Celo.

Celo is an open-source blockchain project used in more than 100 countries focused on bringing DeFi systems and tools to smartphones. It allows users to send and receive money with Celo’s native coin (CELO) through their mobile device.

Deutsche Telekom is the first telecommunications company to join Celo’s Alliance for Prosperity, a global alliance of more than 130...

MorganFranklin announces partnership with blockchain cybersecurity firm 1Kosmos

Global financial advisory firm MorganFranklin is looking to expand its cybersecurity services through an alliance with 1Kosmos a provider of security technology which leverages blockchain and biometrics authentication.

1Kosmos’ BlockID platform provides digital identity proofing with advanced biometrics and passwordless authentication through a secured private blockchain. The authentication process involves a liveness test and the use of verifiable credentials in digital format....

Russia opens up blockchain database with launch of English language version

The Department of Information Technologies of Moscow has made an English language version of Russia’s blockchain knowledge base available on the ICT.Moscow portal.

Aimed at analysts, smart city experts, and developers of blockchain projects, the database currently presents 52 use cases of blockchain in various industries with the fintech and public sector categories featuring the largest number of applications – 16 and 13 respectively.

New use cases will be added...

Ethereum 2.0: What it is, why it is here, and what is on the horizon

Feature Ethereum successfully launched its beacon chain at the end of 2020, the first step in the transition from its current system to the highly anticipated Ethereum 2.0. (ETH2). Despite this initial progress, the remaining upgrades required to realise ETH2 are far more complex, with seemingly everyone in the blockchain sphere having a different opinion on whether the benefits outweigh the costs. Predictions as to what will happen to ETH2 post-launch are even less clear. But to attempt to...

Aries becomes next Hyperledger project graduating to active status

The Hyperledger Technical Steering Committee (TSC) has approved Hyperledger Aries as the latest of Hyperledger’s projects to graduate from incubation to active status.

Hyperledger Aries provides tool kits designed to build interopable and verifiable credentials for secure communication without a central authority. The Aries project grew out of the need for protocols and open source tools to enable verifiable credentials, such as those supported by Hyperledger...