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Ground X, the blockchain subsidiary of South Korean’s Internet firm Kakao, has announced the launch of the testnet version of Klaytn, a platform that intends to “improve the inconvenient UX of existing blockchain platforms by allowing end-users to experience blockchain technology in the most seamless way.” Ground X said on...
Gospel Technology, the developer of an enterprise database built on blockchain technology, has announced a £5 million Series A funding round from IA Ventures and Salesforce Ventures. The deal marks one of the first investments by IA Ventures and Salesforce Ventures in blockchain technology. Commenting on the announcement, Alex Kayyal,...
Ant Financial Services Group, the payments and financial services arm of Chinese e-commerce giant Alibaba, has launched a new suite of fintech products and services targeted at financial institutions and banks. Under the Ant Financial Technology brand, the firm will provide products and services under five product portfolios: large-scale financial...
A proof-of-concept (PoC) project of a mobile payments service utilizing blockchain technology has been successfully completed by SoftBank Corp., a Japanese telecoms and Internet firm, in partnership with tech provider Synchronoss Technologies, Inc., and US-based blockchain startup TBCASoft, Inc. The new cross-carrier mobile payments service allows users to make a...
Cryptic Labs, a blockchain research lab and accelerator, has announced the addition of two Nobel Laureates in economics, Dr. Eric S. Maskin and Sir Christopher Pissarides, to its economics advisory board. The addition of Drs. Maskin and Pissarides will allow Cryptic Labs to offer blockchain companies insights in game theory...

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