Blockchain
BOSAGORA(BOA) won UN Solidarity Awards
The public blockchain platform ‘BOSAGORA’ has received ‘the UN Solidarity Awards’ on July 16th.
The UN received stories of various actors contributing to individual/society to overcome COVID 19 last May. Among thousands of entries were gathered from all around the world and the UN hand selected the 50 most touching and effective entries that aimed to overcome COVID 19 together. 26 experts from global institutes/organizations participated as evaluators including Vice President of European Union’s diplomacy and security committee, Director of UN development organization and Vice President of UN Foundation.
The practice BOSAGORA carried out to contribute to society was ‘Project Care’ in which many BOSAGORA community members participated last May. BOSAGORA and community members were revealed to the fact that medical staffs fighting in the front line of COVID 19 crisis were suffering from extreme stress and skin damage due to long time wearing of protective gears, and delivered 100 sets of ‘Care Package’ to designated major hospital to treat COVID 19(Gacheon University Gil Hospital). These ‘Care Packages’ consisted of protective products for skin, beauty facial mask, lotion and various snacks through which medical staffs can be refreshed. In each package, there was cheering message written by BOSAGORA community member which led to happy reactions from those who received it.
BOSAGORA takes the slogan ‘Make a Better World’ as vision of the project. It plans to utilize blockchain technology and its own coin ecosystem in realizing SDG(Sustainable Development Goals) by UN. As part of the move, it gave presentation about ‘digital democracy’ with KoSAC, close business partner, upon invitation from municipal government of Geneva, Switzerland last November. Also, it solidified its standing as blockchain for social good by holding meetup with ‘Blockchain and Commons’ as a theme upon request from visiting squad consisting of policy officials and professors from Barcelona, Spain and Montreal, Canada. Meanwhile, it is participating in movement to develop sound blockchain technology contributing to society by becoming the first signatory of ‘Blockchain Bill of Rights’ by World Economy Forum last May.
President Inhwan Kim of BOSAGORA stated he was delighted to create an example of blockchain contributing to society just along with IBM Blockchain. He said technology should benefit human and further resolved that he would make technology of BOSAGORA to be used for society.
Meanwhile, BOSAGORA is the Korea’s first ICO project of which currency BOA coin is listed in Bittrex Global, Bithumb, Bithumb Global, Coinbene, GDAC and ecxx.
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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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