Tag: Business

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VeChain offers services to 130 firms in China as food safety alliance member

The platform plans to assist in “building a from-farm-to-table traceability system” across China. The VeChain Foundation has joined the China Animal Health And Food Safety Alliance as a council member.  According to a Sept. 17 announcement, VeChain is “the sole public blockchain technology provider in the alliance” and will offer technical and infrastructure support. There…
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Huawei Cloud’s blockchain service just got its first major update in two years

They’re entering the enterprise blockchain arena as part of a push towards empowering commercial applications. Huawei announced an update for it’s blockchain-based cloud service, known as Blockchain Service 2.0, or BCS 2.0, during a recent industry summit. It appears that the platform’s upcoming enhancement will serve as its first major update since 2018.  According to…
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This crypto mining operator was named Bitmain’s sole North American cooperative repair center

North America now has its own Bitmain repair center. Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain. According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines. The company says that this will reduce…
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African traders least likely to fall for crypto scams: Chainalysis

The region’s traders are highly aware of scams and avoid them. Blockchain forensics firm Chainalysis has found that crypto traders in Africa are less likely to have sent tokens to, or received tokens from, known scam addresses than traders in other regions in the past year. In the Chainalysis “2020 Geography of Cryptocurrency Report”, the…
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Russian star transfers song rights on blockchain as major labels watch

Russian musician Oleg Kenzov transferred the digital rights to one of his songs through a government-backed blockchain platform. Russian pop singer Oleg Kenzov has completed the first digital rights transfer of a song he wrote using a blockchain platform backed by the government. According to VC.ru, the studio Soyuz reached a licensing agreement deal with…
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Germany-based gaming company releases RPG on the Litecoin blockchain

“It’s the first major game that utilizes the Litecoin blockchain for all of its interactions,” said LTC creator Charlie Lee. In an online event prepared by the Litecoin Foundation on Sept. 15, Litecoin (LTC) creator Charlie Lee and CipSoft CEO Stephan Vogler announced the release of LiteBringer, a role-playing fantasy game which runs on top…
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You can now only buy LAND for $SAND

With $1.5 million of LAND already sold, The Sandbox launches its final presale before its first public round at the end of the year. Presale 4.2 of virtual land in The Sandbox metaverse starts on Sep. 15, with over 4,500 of the non-fungible token, or NFT, LANDS up for sale. In contrast to previous LAND…
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Whales can now use Bitcoin to purchase private jets

One aircraft comes at a cost of roughly 3,750 Bitcoin. A private aircraft sales company has started allowing customers to purchase any of their multi-million dollar jets using Bitcoin. According to a Sept. 13 report from news outlet Business Insider, U.S.-based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for $40 million — roughly…
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Swiss blockchain group formed to encourage new blockchain companies

The group also wants more research and academic studies into the technology. A new group seeking to promote research and support blockchain firms has been formed. The Ticino Blockchain Technologies Association was launched with the participation of the University of Southern Switzerland, also known as the Università della Svizzera Italiana (USI), and the University of…
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Many blockchain projects have ‘smoke-and-mirror’ strategies: Avalanche CEO

Too many make strong claims without evidence. Emin Gün Sirer, founder and CEO of the blockchain protocol, Avalanche, took to Twitter to explain why he considers that many blockchain projects keep applying dubious strategies in the industry. Sirer considers that some projects are based on “lots of hype, lots of technical-sounding claims,” partnership with companies…
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