Crypto News 

Rarebits raises $6 million for site where you can buy and sell CryptoKitties

“Rarebits has raised $6 million in venture funding for its blockchain-based store where you can buy and sell digital assets such as CryptoKitties” writes Dean Takahashi for venturebeat.com. CryptoKitties are blockchain-based digital kittens that can be bought and sold for as much as $200,000.They originally got together to make a blockchain game, like a Hearthstone for blockchain.But the investors who are funding Rarebits clearly don’t think it’s nuts. Source: venturebeat.com Share This:

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Spring Labs raises $14.75 million for blockchain-based fintech identity business

“Spring Labs has raised $14.75 million to create a blockchain-based network to solve identity and credit data problems for financial institutions and consumers” writes Dean Takahashi for venturebeat.com. Spring Labs is creating the Spring Network, which uses the blockchain for data exchange.The Spring Network is designed to allow lenders, banks, and data providers to easily and cheaply exchange data with one another.It is transparent and secure, which is why Spring Labs is using it for financial transactions. Source: venturebeat.com Share This:

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Crypto News 

Eximchain Secures $20M For Blockchain Platform

“Eximchain uses blockchain to facilitate supply chain financing via smart contracts and a token system” reports pymnts.com. Eximchain, a blockchain-based platform developed in the Massachusetts Institute of Technology’s media lab, has raised $20 million for its supply chain financing solution.IBM has similarly experimented with blockchain-based supply chain solutions.The technology aims to increase transparency over the supply chain and facilitate communication between buyers and their suppliers while automating supply chain financing processes like contracting and negotiation. Source: pymnts.com Share This:

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Crypto News Platforms 

Blockchain-based distribution platform ALAX to…

“With the ALAX platform, customers will be able to purchase ALA tokens in cash through the existing Dragonfly retailer network” writes Guest User for livebitcoinnews.com. The ALAX platform will be immediately available to consumers and developers following the TGE’s conclusion.ALA tokens are then used in-app to purchase games and apps direct from the developer. It is a joint venture from blockchain technology business DECENT and app and game distribution platform Dragonfly, and aims to provide a platform for content creators and gamers alike, including ‘unbanked’ consumers worldwide. Source: livebitcoinnews.com Share This:

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Crypto News 

Canadian Securities Exchange to Launch Blockchain-Based Clearinghouse

“With this decentralized initiative, the CSE will look to challenge the long-held monopoly of TMX Group in securities settlement” reports financemagnates.com. Meanwhile, the exchange operators have already signed a memorandum of understanding with Vancouver-based Kabuni Technologies to issue tokens on the new platform via Security Token Offerings. Source: financemagnates.com Share This:

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Job.com to raise up to $50 million in token sale for blockchain-based platform

“With a blockchain-based platform, Job.com said candidates will have privacy and control over their data and personal information” reports foxbusiness.com. NEW YORK (Reuters) – Online employment company Job.com plans to raise between $30 million and $50 million in a token offering this spring to finance a new blockchain-based platform, the company’s co-founder Arran Stewart told Reuters.The new platform will be launched after the token offering, Stewart told Reuters in a recent interview.Once the new platform launches, companies will be able to use Job.com for free, including job advertising and jobs…

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Crypto News Platforms 

Maersk, IBM to launch blockchain-based platform for global trade

“The global shipping industry has seen little innovation since the container was invented in the 1950s, and cross-border trade still leaves an enormous trail of paperwork and bureaucracy” writes Min Read for reuters.com. A cyber attack last year caused some of the biggest-ever disruptions to global shipping, displaying the vulnerability of out-dated communication systems.COPENHAGEN (Reuters) – The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars. Source: reuters.com Share This:

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Kodak to Create Blockchain-based Image Rights Platform

“Kodak is the latest company to join the crypto club with announcements of its own blockchain platform and digital currency” reports newsbtc.com. New York-based Kodak has announced a partnership with Wenn Digital to develop an image rights platform called KodakOne.The concept is to create an encrypted distributed ledger of rights ownership running on the Ethereum platform using smart contracts. Source: newsbtc.com Share This:

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Crypto Markets News Platforms 

SEER – A Next-generation Blockchain-based Prediction Market Platform

“Equipped with multiple-hosts decentralized Oracles, SEER offers users credible decentralized prediction market service” reports newsbtc.com. SEER is a decentralized prediction market platform that enables users to express their judgments about future events by means of the market mechanism and makes effective predictions by gathering intelligence and ideas.Presently, there are still drawbacks to financial market prediction that the tools are generally inaccurate, inefficient and expensive.To overcome these disadvantages, SEER offers a convenient, reliable and efficient prediction market tool.A user may build a prediction market via SEER and invite other users to…

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