Blockchain
R/GA Ventures partners with leading Oregon organizations to create Venture Studio focused on Enterprise Blockchain solutions
Today, R/GA Ventures, Moda, Umpqua Bank, Portland State University, Oregon Health & Science University, Business Oregon, ConsenSys and blockchain research firm Smith + Crown, are pleased to announce the launch of the Oregon Enterprise Blockchain Venture Studio (OEBVS): the first program of its kind designed to build a blockchain-based ecosystem, and position Oregon’s businesses and institutions to further compete globally.
Bringing together private enterprise, education institutions, and the public and nonprofit sectors with commercial interests in agriculture, manufactured products, healthcare, finance, energy, transportation, technology, sports, and global trade, creates an ideal environment to test and launch blockchain applications with viable use cases. The intersection of the state’s technology workforce and commercial interests provides an opportunity for Oregon to be one of the first state sponsors of a public-private partnership to embrace blockchain technologies, potentially transforming how we live, work, play, learn, and govern.
Designed as an initiative to drive blockchain-led innovation across multiple verticals and industry sectors, the OEBVS will focus on leveraging emerging startup products, services, and tools to solve targeted business objectives for the Studio Partners and amplify these successes across the state and globally. The Studio will be structured to identify strategic opportunities for startups, and provide the selected Program Companies with the market opportunities, guidance, and partnerships to achieve momentum for sustainable growth.
Blockchain technology is an emerging technology with a robust and rapidly evolving developer ecosystem. Blockchain technology provides a secure way to encode transactions between parties, creating irreversible, immutable chains of information. This technology has implications for any organization that keeps records, tracks supply chains, creates intellectual property, or deals with sensitive data. It has the potential to enable new decentralized organizational constructs that could disrupt existing data-driven businesses. With use cases ranging from health care and logistics to data security and financial infrastructure, Blockchain technology presents a new frontier of exploration and innovation for forward-thinking enterprises.
The Oregon Blockchain Venture Studio areas of interest include:
- Retail and Commerce
- Insurance, Digital Health, and Wellness
- Finance
- Sports
- Manufacturing, Shipping, and Supply Chain
- Energy and Sustainability
- Civic and Institutional Solutions
- Transportation, IoT, and Smart Cities
- Food and Agriculture
- Advertising and Marketing
R/GA’s award-winning strategists, technologists, designers, and consultants will advise the startups to develop their businesses and prepare them for future milestones. The startups will receive mentorship from industry executives and access to our world-class Studio Partners.
The Studio program will take place out of R/GA’s Portland Pearl District office, launching on July 29, 2019. The program will conclude in October with a demo event at which each startup will present to industry leaders, partners, investors, and customers from the technology and innovation community. If you are interested in attending the demo event, please email us at [email protected] for more information.
Startup applications open on April 24th, 2019 and admissions will roll throughout the year. Global startups working on all aspects of enterprise blockchain technologies, products, and services are encouraged to apply at www.oebvs.com.
SOURCE R/GA Ventures
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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