Constellation Industry News Update 12/3
Dear Constellation Community,
It’s a new week filled with lots of interesting happenings in the space. Read on for a look at current news and stories related to blockchain and DLT from around the web.
Newly Formed US Healthcare Alliance to Trial Blockchain for Improved Data Quality – Major U.S.healthcare companies have formed an alliance to trial blockchain solutions in order to improve data quality and reduce costs, hoping decentralized storage will keep information more accurate thanks to the system’s security and the ability to track all copies almost in real time.
Amazon Introduces Managed Blockchain and Quantum Ledger Database – Amazon announced a new fully managed service for creating and managing scalable blockchain networks. The project currently supports Hyperledger Fabric.
Can Blockchain Technology Save The Environment? – The World Economic Forum issued the Building Block(chains) for a Better Planet report in September 2018, identifying 65 existing and emerging blockchain use-cases that could repair some of the world’s global environmental challenges.
First Blockchain Smartphones Appear on the Market: Sirin Labs’ Finney Unboxed -The smartphone had a $157.8 million token sale and is endorsed by Lionel Messi, and features a built-in cold storage wallet and DApp ecosystem.
Investment Funds Network to Migrate Entire System to Blockchain in 2019 – Calastone, a founding member of the Linux Foundation-led Hyperledger Project, is shifting its entire system to the blockchain, as investors are seeking faster transaction speeds and transparency.
Swiss blockchain startups can now handle up to $100M – just like banks – Local cryptocurrency startups can now apply for a new license that would allow them to handle deposits of up to $100 million, a right normally reserved for banks – though strict regulations will apply.
Crypto exchange Koinex to diversify into blockchain solutions for fintech, govt – Unsure about the future of cryptocurrency in India, leading crypto-exchange Koinex is planning to get into blockchain solutions.
BitPay Implements First Major PoS Solution in Canada – A Canadian luxury jewelry brand has partnered with Bitpay to accept Bitcoin.
SEC’s Next Move: Social Media Influencers Who Promoted Crypto ICOs – According to the SEC, “Any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the nature, scope, and amount of compensation received in exchange for the promotion”.
Bitcoin Is ‘Here To Stay’ Says Wall Street Boss Amid Crypto Rout – “Often times in finance, it’s not about being the best — it turns out to be about being the broadest and the most commonly accepted and for whatever reason bitcoin has become that.”
Ohio tech funds to pump over $100M into blockchain startups – The state also recently became the first US state to accept payments for taxes in Bitcoin.
Bitmain Launches Crypto Index for Investors, Provides Data on 17 Digital Assets – The new price index has been tailored to institutional and individual investors alike.
Coinbase Launches OTC Trading for Institutional Investors – The launch comes in response to the increasing demand for OTC crypto trading.
Is Bitcoin (BTC) Being Accumulated By Institutional Investors to Cause Panic? – It’s been suggested that while individual investors or retail traders are selling in the crypto exchange market, the institutional investors are accumulating.
GM Patent Touts Blockchain As Data Solution for Self-Driving Cars – GM is also a member of Mobility Open Blockchain Initiative (MOBI), which aims to push innovation in the blockchain-auto space.
Can Blockchain Drive Growth In The Transportation Industry? – According to Craig Fuller – managing director of Blockchain in Transport Alliance (BiTA) – blockchain technology is ideal for deployment in the transportation industry.
How Blockchain can lead an energy revolution in Africa – Blockchain can change the face of renewable energy in Africa.
A review of 2018, a preview for what’s next: Blockchain in travel – Distribution, loyalty, identity and operations will be the top focuses.
Around The Web
Top 7 Blockchain And Cryptocurrency Books To Read – Because people need to understand crypto in order to fundamentally build and develop the ecosystem on all fronts.
What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto – You know crypto has become mainstream when a gameshow devotes a whole category to it.
That’s it for this week. While you’re here, please take a moment to fill out the questionnaire below so that we can better tailor our weekly content output to include more of what you want to see!
The Constellation Team
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