Blockchain-focused venture firm Electric Capital raises $110m in seed and series A fund

Electric Capital, an early stage venture firm which focuses on cryptocurrencies, blockchain and fintech, has secured a $110 million (£84.1m) seed and series A fund, focused on cryptonetworks and blockchain-enabled businesses.

The company, whose bets include Coinlist, CryptoKitties and Oasis Labs among others, said the capital raised - its second fund - will go into five specific areas. These are decentralised finance (DeFi), particularly around insurance and credit scoring;...

Voatz says its blockchain voting platform complies with federal guidelines

Mobile voting provider Voatz has announced its platform is compliant with federal voting system guidelines, after 'comprehensive' testing by an independent lab.

Pro V&V, a software and systems third party test laboratory, authored a 47-page report which concluded that Voatz 'meets the applicable requirements set forth for voting systems' according to US Election Assistance Commission (EAC) guidelines.

The testing, which took five months, assessed Voatz in various...

Howdoo becomes Hyprr, grabs Alpha Sigma Capital funding for blockchain social network

Meet Hyprr. The startup, based out of Los Angeles, is looking to utilise blockchain technology to create a social network which offers greater control to users and creators.

The company's platform is powered by UDOO, a utility token, whereby users and content creators can utilise paywall features. Users can also generate income through likes and shares - much as Medium and other publishers do with claps.

Hyprr was previously known as Howdoo, but earlier this week changed...

The time to digitise hidden value is now: How blockchain can help

48% of CEOs don’t trust blockchain technology. Yet 84% are curious about the compelling benefits that it offers. 

In today’s tumultuous markets, moving from an investigative mindset to one that overcomes apprehension and mistrust is critical to the “digitisation of value.” Rooting out hidden value buried in legacy systems or money being left on the table due to inefficient processes means turning to technologies that can unite physical and virtual worlds in a way to...

Chronicled partners with Deloitte for blockchain in life sciences and healthcare

Chronicled, a US-based provider of blockchain platforms for smart supply chains, has announced a partnership with Deloitte to bring blockchain-based solutions to life sciences and healthcare.

The companies will come together to utilise technology and solutions powered by Chronicled's MediLedger network.

Among the use cases to be trialled included a solution to help fight fraud for potential Covid-19 medication. MediLedger's product verification offering can 'enable...

Smucker’s works with Farmer Connect for blockchain-based coffee transparency

The J.M. Smucker Company is working to 'pioneer a new era in coffee transparency' by utilising blockchain technology.

Smucker's is partnering with Farmer Connect, a startup which utilises IBM's blockchain to tackle traceability in the farm-to-fork journey. The company came to prominence when launching its consumer-facing provenance app at this year's CES - which until this year was hardly a hive of blockchain activity.

Now, that consumer-facing app has a major client on...

Port of Rotterdam launches blockchain pilot, picks up from IoT projects

The Port of Rotterdam is undertaking a blockchain-based pilot project around container handling, following on from its various initiatives around the Internet of Things (IoT).

The latest project, as detailed on the port's website, is focused around handling and releasing containers without a PIN code. The Secure Container Release application will replace the PIN code with a digital signal, utilising blockchain technology to ensure authorisations are not stolen or copied along the...

Daimler explores decentralised data offering in Ocean Protocol collaboration

Daimler, the automotive manufacturer behind the Mercedes-Benz brand among others, is working with Singapore-based Ocean Protocol on a pilot project for 'decentralised data orchestration.'

The project, claimed as a success by both parties, is focused around Ocean Protocol's 'compute-to-data' solution, which aims to enable companies to share, buy, and sell data while maintaining privacy.

Ocean Protocol's wider vision is to coalign blockchain and artificial intelligence...

EU health blockchain consortium PharmaLedger reveals first use cases

PharmaLedger, a European Union-centric healthcare blockchain consortium, has announced its first eight use cases.

Representatives of the 29 entities in the consortium achieved what PharmaLedger described as the 'first major milestone on [a] three-year collaboration journey to deliver a common and widely trusted blockchain-based platform and use case reference implementations for supply chain, clinical trials and health data.'

Among the use cases which are being explored...

UNICEF’s Cryptocurrency Fund pings ETH to educational emerging economy startups

The UNICEF Cryptocurrency Fund has announced its latest graduates for funding, with a focus on technology providers in developing and emerging economies.

The fund will invest 125 ETH - around $30,000 USD - in eight companies, part of a wider group of 40 startups which have graduated from UNICEF's innovation fund: Afinidata, Avyantra, Cireha, Ideasis, OS City, StaTwig, Somleng, and Utopic.

Afinidata, based in Guatemala, has an AI-based app which provides parents with...