Blockchain
The Trusted IoT Alliance Announces Grand Finale for the Smart E-Mobility Challenge
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The Trusted IoT Alliance (TIoTA), an ecosystem of more than 50 organizations working together to build open source trusted systems for IoT with blockchain and related technologies, today announced the final series of events for its Smart E-Mobility Challenge. TIoTA conceived the E-Mobility Challenge to spur the development and commercialization of the emerging marketplace for e-mobility. MachNation, a global independent IoT research and benchmarking firm is co-producing the Challenge.
The Challenge has leveraged the ecosystem of services that already exists for electric vehicles in Europe. The primary vehicle selected for the challenge is a Jaguar I-PACE, provided by Bosch. Over the course of the Challenge’s PACE Tour, the car has been available in select European cities for competitors to access, work on their entries, and conduct hackathons.
The PACE Tour kicked off in February at the T-Labs and T-Systems Blockchain Mobility Hackathon at Barcelona and made subsequent stops in Stuttgart and Zurich. The final two stops on the PACE Tour are slated for Munich at events hosted by Siemens on May 7 and by BMW Group on May 8; On May 14 at the BCX19 hackathon and on May 15-16 at Bosch Connected World (BCW19) in Berlin. The events will be documented on the TIoTA Challenge Wall.
TIoTA has several events planned for Bosch Connected World:
- Participation in the E-Mobility Hackathon and related activities at BCX19 on May 14.
- An E-Mobility discussion panel on May 15 at 1:35pm on the Lab Stage. The panel will be followed by a keynote address, Challenge video and presentation of the Challenge awards by Alexy Khrabrov, Chief Community Officer of TIoTA.
- A joint exhibit with T-Labs in booth S27 on May 15-16, showcasing the Challenge participants including T-Labs’ prototype of a DLT-based sharing ecosystem for electronic vehicles building on trusted machine IDs, secure DLT payments and the reliable data storage in blockchains. The business benefits of this joint PoC with Bosch, G+D Mobile Security GmbH, Riddle & Code, Jolocom, Ubirch, Fetch.AI and Share&Charge, include securing identities, reduction in transactions fees, allowing auditability of data, instant & digital user onboarding as well as the monetization of data in open data market places.
- The challenge participants are:
The winning entries will provide the most innovative solution that exemplifies progressive automation and connectivity features by enabling the Jaguar to discover charging stations, pay for electricity, discover additional services, and so on. The judges will determine which entries accomplish the following specific goals of the Challenge – a) interoperability, b) ease of use, and c) the ability to pay for electricity on the single invoice.
SOURCE Trusted IoT Alliance
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Blockchain
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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