European startups ready to capitalise on enterprise blockchain opportunity, says new report

The European blockchain startup market is catching up to its North American equivalent, with startups surveyed looking to raise €350 million (£314.9m) in the next 18 months, according to a new report.

The study, from Anglo-French venture capital firm LeadBlock Partners, aims to put a positive spin on the industry illustrated with more than 20 interviews and more than 9,000 datapoints.

A foreword from LeadBlock management Jean-Marc Puel, David Chreng-Messembourg and...

W3BCLOUD secures $20.5 million funding for blockchain data centres

W3BCLOUD has announced the closure of a $20.5 million funding round to build blockchain-enabled data centres.

The company, which is a joint venture between ConsenSys and processing giant AMD (Advanced Micro Devices), secured the funding from both companies, with the aim to 'ramp and operate its first Ethereum blockchain data centres.'

Blockchain technologies and their application in the data centre have been closely followed by industry watchers. "One obvious impact of...

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...

Nervos looking to attract dapp developers with CKLabs funding project

Nervos has launched CKLabs, a project which is putting up $100,000 for teams looking to build a killer decentrealised application on its platform.

As announced in a blog post published by the company, Nervos, a competitor of Ethereum, is launching CKLabs as 'the next phase' of the network, expanding its utility with dapps and more sophisticated solutions.

"Nervos was designed to be a sustainable network capable of supporting a growing digital economy," the company wrote....

EY, ConsenSys and Microsoft team up for Baseline enterprise Ethereum project

Ernst & Young (EY), ConsenSys and Microsoft are coming together to form a protocol which aims to make Ethereum ‘safe and effective’ for enterprise usage.

Making blockchain technologies enterprise-friendly has long been a goal of the industry; the key part being increasing the transaction speed to deal with complex organisational goals. The efforts of the Enterprise Ethereum Alliance (EEA) and Foundation aside, Ethereum has so far struggled on this front, although...

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...

Ethereum Classic Labs commits $1 million with UNICEF for blockchain-based social impact

Ethereum Classic Labs (ETC Labs) has committed $1 million (£763,720) towards launching a key partnership with the UNICEF Innovation Fund.

Blockchain startups, working on social impact projects in emerging markets with support from UNICEF Innovation Fund will be selected to receive follow-on development funding from ETC Labs. Project teams will also get ETC Labs training and mentorship that will help expanding the availability and use of impactful blockchain applications that...

EY introduces third gen ZKP blockchain to public domain, Block.One launches EOS.io 2.0

Ernst & Young (EY) has introduced its third generation zero-knowledge proof (ZKP) blockchain technology to the Ethereum public blockchain.

According to the accountancy giant, the enhanced ZKP enables private transactions on public blockchains to be less expensive and more scalable by combining several private transfers together into a single transaction.

The newly enhanced ZKP blockchain technology, which also reduces the size of an on-chain Merkle tree, combines up...

Buterin and Cohen Twitter feud: Exploring blockchain scalability, sharding, and payment channel networks

Vitalik Buterin, the founder of Ethereum, argued in a recent blog post that the scalability problem in blockchain was being tackled ‘great’ in theory amid a need for more real-world testing. Yet many industry figures did not agree.

Bram Cohen, founder of BitTorrent, called Buterin’s opinions ‘wrong-headed’, while Blockstream CEO Adam Back noted that the Ethereum founder’s words of wisdom were ‘like looking to [Theranos founder] Elizabeth Holmes for the state of...

Getting the ball rolling for enterprise blockchain: How Hyperledger sees the route to success

If you have ever been involved in any enterprise software procurement project, you will be more than aware of the time it takes to get things done; the peaks, troughs and sometimes interminable delays.

The hidden gotchas are always there too. Take the headline of an article by ThoughtWorks’ George Earle in 2017: “The tyranny of big suite enterprise software best practices: How decisions made 40 years ago straightjacket you today.”

Daniela Barbosa (left), VP of...