The entertainment industry has long operated on a simple premise – they created the product, and you, the consumer, paid to view, listen or experience the offering. Any profits derived from that activity accrued to the manufacturers, distributors, creators and a long chain of middlemen.
Gaming and blockchain are rarely said together in the same breath. There is obvious synergy given the potential role of digital currencies, but the opportunities for gaming developers are broad and compelling. We created a company, Blockchain Studios, precisely because we thought the application of blockchain technologies would unleash fresh creativity and ideas in gaming.
Blockchain startup Oasis Labs has raised $45 million in its first round of funding led by Andreessen Horowitz’s new A16z crypto fund. Other investors included Accel, Binance, DCVC (Data Collective), Electric Capital, Foundation Capital, Gaorong, Metastable, Pantera, Polychain, among others.
Oasis Labs is building a privacy-first,
Fan Wenzhong, head of the international department of the China Banking and Insurance Regulatory Commission, has issued a warning on the hype surrounding blockchain technology.
During the 5th FinTech Bund Summit in Shanghai on July 8, Wenzhong said that while blockchain is a significant innovation,
Blockchain software firm R3 has released a commercial version of its Corda blockchain platform, which offers added features aimed at regulated institutions.
Called Corda Enterprise, the new paid version of the platform has been specifically optimized to meet the demands of modern day businesses,
Called Minerac, the new consortium aims to change the way mineral commodities trading and connected supply chains operate.
ULedger’s blockchain solution enable its clients to create a permanent, independent 3rd-party record of any type of data.
Black Insurance is a blockchain-based digital insurance company that allows token holders to invest directly into insurance risk. The company intends to become a licensed insuer and enable the underwriting of new insurance policies via insurance syndicates akin to the Lloyd’s market.
Canadian FinTech firm Citrusexchange has launched a blockchain-based supply chain and invoice financing platform aimed at small and medium enterprises (SME).
The new blockchain platform, called Kwikxchange, was developed under the Co-Innovation Lab Program of SAP SE Germany. It enables SMEs to apply for a loan from multiple lenders and banks.
It’s been a rocky couple of months for Bela, a service that is an attempt to disintermediate Instagram through Belacam, a photo-sharing site where you get paid around $.05 in BELA tokens for each “like” your photo gets. Users can withdraw that money or use it to like other users’