NEM Ventures, a wing of the NEM Foundation, announced its first-ever portfolio company investment – in Vimba. The report on NEM Forum states the partnership between the two companies is set to improve the adoption rates of cryptocurrency across the world, introduce a stronger fiat to crypto banking system and offer exceptional services in savings, collateralized debt, and capital investments.
The portfolio company, Vimba, is a cryptocurrency- focused company that allows users to make their monthly savings in fiat and automatically converts the cash to crypto which is then delivered in your digital wallet. The platform also allows the instant buying and [...]
NEW YORK (Reuters) – Harvard University’s public health graduate school, U.S. think-tank New America, and American apparel company Levi Strauss & Co announced on Thursday a collaboration to develop a blockhain-based system designed to augment outside auditors of factory health and safety with self-reporting by workers.
Three factories in Mexico producing goods for Levi Strauss and employing 5,000 workers will be the first to use the blockchain-powered survey in 2019.
Blockchain, which first emerged as the system powering bitcoin, is a shared database maintained by a network of computers connected to the internet.
New York-based Consensys [...]
Members of the European Parliament along with blockchain experts met Tuesday, September 4, to discuss possible regulations for Initial Coin Offerings (ICO).
At the recent EU event entitled “Regulating ICOs — Is the Crowdfunding Proposal what we were looking for?” the attendees examined the potential complications currently arising in the ICO industry.
Ashley Fox, a British Member of the European Parliament, pinpointed three main issues to consider at the meeting: challenges faced by ICOs in raising capital, the existing regulatory approaches on the matter, and the future perspectives of the industry.
In his testimony, Peter Kerstens, chairman of the the [...]
One of the experiences buried deep in the folds of San Diego Comic-Con is the tech pavilion, located at the Omni the past few years. The medium-sized ballroom on the second floor houses about a dozen exhibitors offering bleeding edge tech, usually in buzzy areas like augmented or virtual reality, geolocation, haptic feedback (touch sensitivity, motion control) for digital environments and so on. I usually try to check it out at some point during the show because my “real” job is working with these kinds of companies. And as I recently became an advisor to the blockchain-based digital collectibles company ECOMI, I was keen to see what was going on in that particular [...]