Friday, November 22

Search Results for: blockchain

Reliance Industries Acquires Stake in Blockchain Startup for $5 million

Reliance Industries has acquired 5.56 per cent equity stake in technology startup Vakt Holdings Ltd, UK (VHL), for $5 million (approx Rs 35 crore).  In a regulator filing, the company said it has acquired the equity stake in VHL, a closely held startup entity which is expected to run its energy-focused blockchain startup early next year.  VHL […]

SparkLabs to Launch a Cybersecurity and Blockchain Program in the US

Investment firm SparkLabs has announced that the company will be launching a cybersecurity and blockchain program in the US that’ll be located in Washington, D.C. from next year. The program will be led by former Startup Grind COO Brian Park and Mike Bott, who is ex-managing director of The Brandery accelerator. The program has been named as “SparkLabs […]

HSBC Becomes First Bank to Perform Money Transfer Using Blockchain

HSBC Holdings, a multinational banking and financial service major has become world’s first bank to perform a financial transaction using blockchain technology. The step marks a major boost to efficiency and reduction of errors in the multitrillion-dollar funding of international trade. The transaction took place successfully by HSBC and Dutch bank ING for food and […]

Blockchain Related Jobs Witness a High-demand in India

A recent report released by Job search portal Indeed revealed that blockchain sector in India has a significant demand for professionals with opportunities concentrated in prominent metropolitan cities of the country. While Bengaluru has topped the list in terms of city listing maximum job postings accounting for 36 percent all the blockchain job opportunities in […]

Blockchain Capital Raises $150 Million Funding

San Francisco-based venture capital firm Blockchain Capital closed a $150 million fund today. As per the press release, the company that focuses investments in blockchain and cryptocurrency have total assets to $250 million under management. Founded in 2013, Blockchain Capital is one of the earliest and most active investors in the blockchain technology industry and […]

Chinese Government Begins Blockchain Tech Development

The government of China is establishing an investment association to adopt blockchain technology development in the country. The project, entitled Global Blockchain Investment and Development Centre (GBIDC), is reportedly an initiative of the Investment Association of China (IAC) which is a social organization set up to simplify important domestic investment projects and contributed to the […]

How Vizag City Will Become Capital of Blockchain

Recently India’s Prime Minister Narendra Modi was surprisingly full of praise towards blockchain’s development potential and was critical about the need for “rapid adaptation” to this technology. While Governments are usually skeptical about Cryptocurrency, the transparency that blockchain technology offers will surely be beneficial in India which is a victim of 69% bribery rate and was […]

Wipro Launches Nine Solutions to Accelerate Adoption of Blockchain across Industry Sectors

East Brunswick, New Jersey, United States & Bangalore, Karnataka, India- Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that it has developed nine blockchain-based solutions for the Banking Financial Services and Insurance (BFSI), Manufacturing, Retail and Consumer Goods industries. Defined, designed and co-developed with clients in Wipro’s Blockchain Innovation […]