IBM Invests $200 Million in Blockchain-Powered IoT Office
IBM’s previously announced work intersecting blockchain and AI is moving forward with the establishment of a new office in Germany. The announcement is part of a broader technology push initiated this week by IBM, which is investing $200m to fuel its internet of things (IoT) efforts. IBM is opening a new office in Munich to spearhead those initiatives, within which its blockchain work on connected devices is based. IBM, a founding member of the open-source Hyperledger project, emerged earlier this year as a strong advocate for the technology. It has since pursued a variety of projects....
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European Commission (EC) has invested €1.95 million in D-CENT to build a decentralized blockchain powered tool for direct democracy and economic empowerment. D-CENT, which stands for Decentralized Citizens Engagement Technologies, is an initiative launched to bring citizens to a decision-making forefront. It is in fact a decentralized social network platform where people of Europe are allowed to discuss and share content, participate in community discussions, and even vote - each feature ensuring a democratic decision making module. Released in 2014, D-CENT is now close to launch its pilot....
Scotland may soon get ScotEx, the blockchain powered stock exchange next year. It will be the first independent exchange in the country since 1973. The Scots have always been receptive towards cryptocurrencies. There have been numerous proposals to implement digital currencies once the country separates itself from the United Kingdom. While the first Scottish Referendum failed to garner enough support for independence, many are still open to the idea of an independent Scotland. Sticking to their loyalty to cryptocurrency technology, the country is keeping up with the changing fintech....
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2 MW mining facility powered by 85% low-carbon energy. Bit Mining Pledges $25M to Build a Texas Mining Facility With Bitdeer The Chinese company Bit Mining Limited has been making a number of moves into the cryptocurrency mining industry after the business used to be dedicated to lottery operations.....
110-year-old asset management firm Baillie Gifford has invested $100 million in bitcoin wallet, exchange and explorer tool Blockchain.com.
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies investing in bitcoin is growing worldwide. In Thailand, The Brooker Group (BROOK) has become the first listed company in the country to announce its cryptocurrency holdings, the Bangkok Post reported Thursday. The Brooker Group provides independent advisory services to private and public sector....