Blockchain
Bittrex International and Vodi X Partner for Initial Exchange Offering
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Vodi X and Bittrex International today announced that the Bittrex International digital asset trading platform will host the upcoming Initial Exchange Offering (IEO) of Vodi X tokens. The funds raised from the offering will help the Vodi X team to further develop their smart contract technology, micro-tasking buildout, dApp ecosystem, and overall operation development to create millions of jobs worldwide. All of this will be built around their existing infrastructure of over 5+ million existing Vodi users in over 200 countries worldwide.
The IEO will officially start at 14:00 GMT on Tuesday, May 21st and end at 14:00 GMT on May 22, 2019 unless sale supply is reached. Vodi X will be listed on Bittrex International on May 22, 2019 at 17:00 GMT.
Authorized Bittrex International users will be able to purchase VDX tokens using Bitcoin (BTC) directly on Bittrex International, the secure, reliable and advanced digital asset platform based in Malta. In preparation for the IEO, Vodi X completed a rigorous evaluation process that included comprehensive technical, compliance and regulatory reviews.
“We are excited to partner with Vodi X on their IEO on Bittrex International. The funds raised will help them build out their smart contract technology and operations for a series of innovative use cases,” said Bill Shihara of Bittrex International. “Incubating projects like Vodi X is why we started Bittrex International in the first place and why the IEO platform is such a promising development in the blockchain industry. We look forward to this partnership and introducing our user base to Vodi X along with other exciting projects driving the blockchain revolution to the next level.”
“We are excited for our IEO on Bittrex International! Vodi X is seeking to overhaul the micro-work industry by positioning our project on the blockchain. Job creation is at the heart of Vodi X’s mission and we believe we have all the right pieces of the puzzle. Strategically positioned on the blockchain, with the leveraging of smart contacts, Vodi X will foster equal wealth distribution. Vodi X is readily looking towards the future and the further development of its community.” .
SOURCE Vodi X
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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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