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Showing posts from April, 2016

Red Hat Launches Initiative for Blockchain Developers

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Open source developer Red Hat, Inc., has announced the launch of the OpenShift Blockchain initiative, which is aimed at software developers and fintech companies looking to build financial applications using this innovative new technology. The OpenShift platform was initially launched in 2015 to provide a flexible developer environment for container applications to software developers, while Red Hat’s technicians maintained the back end of the platform. In February of this year, Red Hat decided to join the burgeoning blockchain space by signing up for Linux Foundation’s Hyperedger project. Julio Tapia, Director of the OpenShift platform, told CoinDesk that Red Hat is looking to bring the innovations in the blockchain industry to the enterprise market, “We want to position ourselves with not only customers and partners, but leverage solutions developed in the entire ecosystem, taking all the innovation going on in the industry, maturing it for an enterprise market and making sure ...

BNP Paribas Partners with SmartAngels on Blockchain Securities Issuing for Startups

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BNP Paribas Securities Services has partnered with French crowdfunding platform SmartAngels, on a pilot program that will use blockchain technology to give small companies and startups the ability to issue shares and raise money from retail and accredited investors. The pilot program will be the first of its kind in France, and is scheduled to launch in the second half of 2016, if regulatory approval is granted. In today’s blog post announcing the partnership, Benoit Bazzocchi, Founder of SmartAngels, explained that the merging of blockchain tech and crowdfunding will open doors for many small companies to obtain capital from many “individuals and professional investors”. The blockchain portion of the pilot program is being designed by BNP Paribas Securities Services, and companies that are currently listed on SmartAngels will be automatically given the ability to issue securities on the new platform. Head of product clearing at BNP Paribas Securities Services, Philippe Ruault, m...

Syscoin Releases Final 2.0 Beta, Begins Development Fund & Reduces Total Number of Coins by More Than Half

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Leading Coin for Online Marketplaces Soars 25x in Value in 45 Days; New Features Include Fiat Price Pegging, Built-in Marketplace & Smart Contracts (April 1, 2016, Washington, DC) – Syscoin (www.syscoin.org), the first cryptocurrency built specifically for the needs of online merchants and marketplaces, has released its eagerly awaited Final 2.0 Beta version, the final step toward the release of its main net release in April, said Sebastien DiMichele, Syscoin spokesperson. Anticipation of this development, coupled with last month’s announcement that it had been chosen by Microsoft for its BaaS service, Azure, has increased both volume, making it a top 10 coin on several exchanges, and increasing its market cap from under $200,000 in early February to more than $5,000,000 in mid-March. At the same time, Syscoin has announced it plans to reduce the ultimate number of authorized coins from its currently planned 2 billion to 900 million, including the current 428 million and ...

Symbiont to Bring Blockchain Smart Contracts to the State of Delaware

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The State of Delaware has partnered with blockchain smart contract firm Symbiont, to launch a new initiative designed to encourage the usage of distributed ledgers by Delaware-based businesses and firms. The new initiative was announced by Governor Jack Markell, who said that Delaware is home to the some of the biggest and most innovative companies in the United States, and that the state is proud to establish an infrastructure that caters to the needs of the rapidly-growing blockchain space. Markell said in the press release: “The Delaware Blockchain Initiative demonstrates the state’s commitment to ensuring this remains the case for the growing blockchain technology sector. By creating the opportunity for a broad range of corporations – from Fortune 500 companies to startups – to take advantage of distributed ledger and smart contract applications, we are laying the groundwork for a more modern, secure and transparent business environment for years to come.” While Symbiont wi...