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Dock Awarded Contract to Advise German Development Agency on Professional Profile Data Wallet for Global Learners

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23rd December 2020. Dock, the creators of the Dock Network, has been awarded a contract to assist Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, a German development agency that provides services in the field of international development cooperation. The 3-month project will see Dock provide expertise on the technical architecture and features for a professional profile data wallet linked to atingi, a digital learning platform built by GIZ.

Commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ), GIZ is developing atingi to provide more accessible, low-barrier-to-entry and innovative digital learning opportunities to young people in the global south. Together with its partners, atingi provides a digital learning experience to learners across the world based on their individual needs and motivations. In essence, Dock will help determine how a platform for professional profiles could be established that showcases certificates from both atingi and other platforms. This in turn would improve the matching process of atingi learners with their future jobs.

Over the past few years, Dock has been working exclusively in the trusted data and blockchain space. Their flagship offering is the Dock Network, an open-source platform designed to provide a simple solution for businesses and developers to build, manage and present digital credentials that are instantly verifiable using blockchain technology. Given the company’s experience, it’s a natural fit for them to consult with organizations in this field.

Dock CEO Nick Lambert said of the contract award, “It’s an exciting step for Dock to be working with GIZ. The atingi digital learning platform will greatly enhance the lives of young people in Africa by giving them access to training and education not previously available. The fact that atingi will use open standards, open data, open source, and open innovation makes it only more appealing.”

About atingi
atingi is a digital learning platform developed and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ). The global platform aims to reach young people through innovative e-learning offers. Learning contents are developed locally and geared towards improving access to quality education and training and prepare young people in the Global South for the jobs of the future.

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About Dock
Dock is a platform designed to provide a simple solution for businesses and developers to build, manage and present digital credentials that are instantly verifiable using blockchain technology.

With a standalone blockchain and integrated payment and incentivisation token, a trusted network of validators, and seamless adoption and interoperability, Dock is part of a movement to solve universal problems with existing data and how it is captured, shared and controlled.

Contact
Nick Lambert
[email protected]

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Source: RealWire

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RealWire is an award-winning online press release distribution service with over 15 years of experience, and is first choice for many of the UK’s top agency, freelance and in-house PR professionals. RealWire’s service can increase your story’s coverage and improve your online visibility. The UK’s leading innovator in press release distribution, RealWire introduced the Social Media News Release in 2007 and relevance targeting system PRFilter in 2010.

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Blockchain

Alpha Sigma Capital Research Releases May Report on ASC AI Index

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Blockchain

Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet

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Squad Labs announced that its Series A funding round, led by Electric Capital with participation from RockawayX, Coinbase Ventures, L1D, Placeholder, and Mert Mumtaz, will propel the launch of its Fuse smart wallet. The company aims to establish Fuse as a premier solution for securing and compounding personal digital wealth amid the growing onchain economy.

According to the company’s news release on June 12, smart accounts and smart wallets are gaining traction across blockchains as they offer a more intuitive, secure, and programmable user experience. Fuse abstracts seed phrases and provides features like wallet recovery, 2FA capabilities, and enterprise-level security for personal custody, simplifying the choice of storing digital wealth on-chain.

In addition to securing funding, Squad Labs also announced the public testing launch of Fuse on iOS. This move is part of their strategy to expand accessibility and refine functionality ahead of a full market release.

Meanwhile, a recent report from PYMNTS Intelligence explores blockchain’s role in enhancing cross-border payments. It suggests that integrating blockchain can streamline payment processing, enable digital-to-fiat currency conversion, and introduce stablecoins for faster and cost-effective cross-border transactions. Business-friendly decentralized finance (DeFi) solutions further automate and secure transactions via smart contracts, reducing dependence on traditional payment systems and enhancing security and transparency.

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The report underscores the significance of educating businesses and end-users about the benefits of blockchain-based cross-border payments. It advocates for partnerships with FinTechs and proactive engagement with financial institutions to drive adoption and improve industry-wide support for blockchain technologies in payments.

Overall, Squad Labs’ funding round and Fuse’s development represent strategic advancements in blockchain technology aimed at enhancing digital wealth management and transforming cross-border payment landscapes.

Source: pymnts.com

The post Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet appeared first on HIPTHER Alerts.

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