Wala, a blockchain mobile financial services platform, has a strategic partnership with Block Commodities and FinComEco that will provide 100,000,000 Dala token loans (equivalent to $10M USD) to 50,000 smallholder farmers to purchase fertilizer. The program starts soon in Uganda, and in time, the same will be provided to local farmers in South Africa,
Minds.com is an open source blockchain project incorporating a social network, digital wallet and various privacy enhancements. It already has one million users.
The Minds Crypto Social Network boasts a contribution economy and rewards system, HD video and image hosting, live group conversations,
Toronto-Dominion Bank (TD Bank), one of Canada’s largest banks, has submitted a patent application to use a public blockchain to digitally track assets. The patent application, which was published last week, was submitted to the US patent office in September 2016.
The blockchain patent is for “an apparatus for use in a digital asset tracking system that includes a storage device and a processor coupled to the storage device.” According to the application’s abstract,
Bermuda-based blockchain startup Viva Network is planning to create a comprehensive borderless mortgage products platform powered by blockchain technology. The company said the decentralized platform will connect mortgage borrowers with global investors.
It will run on an elastic cloud platform that will provide big data processing capabilities,
The Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, has announced that Australian cryptocurrency exchanges are now required to register with the agency and meet their obligations.
AUSTRAC said that the country’s new regulative apparatus pertaining to cryptocurrencies has formally been adopted as law.
Olga Skorobogatova, first deputy governor of central bank of Russia, said the central bank is considering the possibility of using a proposed blockchain payments network to create a single payment space across the Eurasian Economic Union (EAEU).
According to Russian news agency Tass,
Valerian Bennett is the founder and CEO of PopChest, a blockchain-based media distribution platform. Bennett is a veteran television producer/editor having worked on hit TV shows for E!, MTV, A&E, and many more. Valerian is a Silicon Valley native and graduated from the University of Southern California film school.
Quantm Real Estate is a network for a membership-based real estate marketplace built on blockchain technology that facilitates the primary issuance and secondary trading of investment tokens backed by fractional equity interests in single-family residences.
The QuantmRE Network buys a small part of its members’ home equity in a shared equity transaction.
South Korean lawmen examining the Youbit exchange that collapsed after a hack believe North Korea may have been involved.
The Wall Street Journal, citing sources claimed to be familiar with the particulars of the crime, made the North Korea claim.
Twitter CEO Jack Dorsey recently remarked that bitcoin will become the world’s single currency within the next 10 years. While his belief in the strength and viability of the cryptocurrency space is certainly encouraging, Dorsey is overlooking the fact that the advent of blockchain technology has created a strong need for a diverse digital economy including,