March is here and we’d think spring soon, but for now we have to deal with what’s left of winter in this news and press releases roundup.
Starting with Credit Suisse and ING, which have apparently completed a €25 million securities lending transaction through R3’s Corda blockchain platform.
Whether Corda can really be called a blockchain’s we’re not very sure, but Romain Dumas, Head of Collateral Optimization at Credit Suisse, said:
“The success of this first live transaction speaks to the potential for blockchain technology to help improve collateral fluidity by creating a more efficient, transparent, and cost effective marketplace for liquidity transfers.”
Transparency is of course much needed in this space and more widely as recently shown by Waltonchain. This is a China based project that somehow gained a market cap of one billion dollars, now halved to around half a billion.
Unfortunately their website doesn’t quite show us the whitepaper when we click, so we don’t know what this thing is about except that they claim to have child chains which they say has something to do with Value IoT.
The only value they’ve shown so far however is how to win your own competition. After the company announced the names of quite a few winners in a re-tweets lucky draw of sorts, they then announced they themselves were the winners:
Waltconchain later apologized, stating an employee of theirs had won and mistakenly tweeted from the official account, but we’re not sure whether that will be sufficient to shake off the fake China feel.
“A blockchain-based patient and doctor-centric health ecosystem in specialized medicine, today announces the launch of its March token sale,” TrustedHealth tells us before further adding:
“The company is working to revolutionize healthcare by connecting patients, medical practitioners and the entire health ecosystem on a global scale…
By using blockchain technology, TrustedHealth will be able to connect patients with life-threatening or rare diseases with medical specialists around the world. Distance will no longer be a barrier to finding the right doctor.”
We haven’t really looked much into it, but it does sound interesting. Anyway, you remember Synereo? They once claimed to be the new ethereum. That didn’t go far, but now they’re announcing:
“The official launch of WildSpark, a social network web app supporting Imgur, Medium and YouTube creators where they can be rewarded in cryptocurrency for the value and content they generate – no middleman or pay cut necessary. Synereo is also announcing that it will burn 307 million AMP tokens, representing 33.33% of its AMP.”
That’s a lot of burning. Now, we’re hearing a lot about this company and maybe we’ll eventually find the time to properly cover them, for now:
“Polymath, the company bringing the multi-trillion dollar securities market to the blockchain via its industry-first security token issuance platform, has announced new partnerships with video gaming community platform Rupie, enterprise blockchain solution provider OneLedger, and P2P IoT sensor data marketplace DataBroker DAO to provide advice and counsel on the design and execution of each partner’s upcoming Initial Coin Offering (ICO).”
That’s a lot of activity. And that in itself is interesting because the token economy keeps marching on and keeps on growing:
“Today, Codex, a blockchain title registry for the $2 trillion arts & collectibles (A&C) asset class, announced that it received a $5 million investment from Pantera Capital, a leading investment firm focused on blockchain technologies.
Concurrently, Codex announced new advisors, including Pantera’s co-Chief Investment Officer Joey Krug, blockchain expert and Augur advisor Abe Othman, Basecoin founder and former Google software engineer Nader Al-Naji, and crypto and communications expert David Wachsman.”
Ah, uuu, aaa, we have an embargoed one. Don’t do that, we’ll always forget! Unless it’s an hour later or whatever or of course unless it’s Google or something.
This one is a pay with Lightning Network new merchant. Even though LN is super buggy and dicy right now, but excited kids are exited, so, money losses be damned.
Vitalik Buterin said that what follows is the NP hard problem of funding the commons. They don’t claim to have solved it, but perhaps a piece of the puzzle:
“FundRequest, a blockchain based platform for incentivizing open source development, has recently completed their crowd sale where they raised $12.5 million from investors and the public.
FundRequest is a blockchain startup dedicated to providing a decentralized marketplace for open source development. The platform directly connects developers to end users, prompting the creation of solutions that can be implemented easily and efficiently.”
Interesting. Time goes in only one direction for all of us. Yes, you’re getting old, shut up about it and set up your retirement plan:
“According to a recent survey conducted by Auctus, a decentralized platform that is bringing blockchain technology and smart contracts to retirement planning it was reported that:
6% of respondents said they would consider using cryptocurrencies as an investment option for their retirement plan, 14% said they were unsure – but interested, 49% of respondents said they did not feel they had control over their retirement plan, 48% said they do not have a transparent view of all taxes and performance results of their retirement investments.
Finally, when asked why they would use cryptocurrency as an investment, 19% said for diversification purposes, while 18% said for the potential of high returns. This data was collected from 501 people, in the US aged 18-44.”
“Developing a successful multisig contract for Ethereum has been a challenge across the industry,” we are told. Didn’t know that:
“On March 6, Unchained Capital will release an open-source Ethereum smart contract which implements 2/3 multisignature (multisig) and interfaces directly with the Trezor hardware wallet. Upon releasing the source code on GitHub they will immediately begin offering a bug bounty.”
While we sit here compiling press releases, others are raising millions. Trustnodes ICO anyone? One trillion tokens, we keep 50%, one pence each, deal?
“Viewly, a decentralized video platform powered by blockchain and peer-to-peer video sharing technology, announces it has sold out its private pre-sale, raising nearly $8 million.
Viewly is using the blockchain to eliminate the ad-based revenue model used by traditional online video companies to open the door for creators to monetize their content – even those without huge audiences.”
Alright, that’s enough. Quite interesting though there is so much ICO activity. Looks like we’ve been underestimating it really, listening to bankers’ SEC and their clueless chairman as if USA isn’t but one jurisdiction.
Entrepreneurs, innovators, companies, are seemingly ignoring it all and chugging along. What’d you’d expect when the laws are unreasonable and discriminatory. Until next time though, enjoy the sideways accumulation.