Fujitsu Develops New Technology to Connect Multiple Blockchains

Announcements, Blockchain, Innovation | November 16, 2017 By:

Fujitsu Laboratories has developed an extension of smart contract technology that can safely execute exchanges and payments in different digital currencies.

Called ConnectionChain, the technology records the series of related transactions on each chain in a dedicated blockchain, or a “connection-type chain,” to link a cryptocurrency exchange into a single transaction process.

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Parity Technologies Admits It Knew About Code Flaw, Did Nothing

Blockchain, Crime, FinTech, Investing, News | November 15, 2017 By:

Parity Technologies issued something of a post-mortem today on the massive hack to its digital wallet, which has locked up about $156 million in ether funds that may be permanently lost, making it potentially the biggest hack in digital currency’s short history.

The company’s blog post on the issue does not indicate a solution is at hand on fixing the damage,

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Electronica Producer Gramatik Sells Out – His Revenue Streams, That Is, Through ICO

Blockchain, ICO News, News | November 15, 2017 By:

Blockchain entertainment studio SingularDTV has sold $2.25 million worth of tokens tied to the fortunes of Lowtemp recording artist Gramatik, generating $2.25 million in sales (7,500 ETH) for 25 million GRMTK tokens in its first day and selling out its planned allotment.

The investment gives fans a stake in producer Gramatik’s revenue streams.  Read more  »

Project Ubin Releases Source-Codes of DLT Prototypes for Inter-Bank Payments

Announcements, Blockchain, FinTech, Group | November 15, 2017 By:

Project Ubin has released the source-codes on blockchain software prototypes for inter-bank payments for public access.

First unveiled in November 2016, Project Ubin is a collaborative project with the banking industry to explore the use of distributed ledger technology (DLT) for clearing and settlement of payments and securities.

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Anguilla Creates Register For New Utility Token Projects

Blockchain, Crime, FinTech, News, Regulation | November 14, 2017 By:

UK territory Anguilla has passed a new law that will set up a registration process for digital token offerings. The Utility Token Offering Act (called AUTO Act) permits specified Anguillian entities to apply to be registered to conduct a utility token offering to “standardize registration and disclosure protocol for blockchain projects,”

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Pryze Uses Blockchain For Automated Sweepstakes Promotions

Blockchain, FinTech, ICO News, News, Regulation, Uncategorized | November 14, 2017 By:

Pryze is an automated sweepstakes protocol built on the ethereum blockchain. It allows companies to hold sweepstakes competitions, handling all processes involved in launching and managing sweepstakes using a single platform.

Jupiter Research claims over 80% of all Internet users have participated in an online sweepstakes or contest in the past year,

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