Blockchain
PT Mitra Sangkara Abadi (MSA) Sign Agreement with ARK36 – Cyprus
Jakarta, Indonesia–(Newsfile Corp. – June 14, 2022) – One of the most interesting Blockchain Startups from Asia, PT Mitra Sangkara Abadi (MSA), owner of the Sangkara Token ($MISA) has signed a token purchase agreement with the Digital Asset Management Fund, ARK36, from the Republic of Cyprus within the European Union.
Figure 1
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The fund, ARK36, is well-known, and also holds an official license from CySEC, which is the Cyprus regulator as part of the wider European Union framework.
ARK36, represented by its Executive Director, Mikkel Morch, has agreed to purchase Sangkara Tokens ($MISA) in stages up to a certain amount. This purchase is part of the stake investment from PT Mitra Sangkara Abadi itself. ARK36 sees the Sangkara token ($MISA) as a highly interesting token going forward within the Sangkara ecosystem .
The token purchase will be used by MSA to strengthen the token itself and also to acquire more underlying assets within the ecosystem. With the launch of an NFT For organic agriculture, ARK36 sees the potential of the Sangkara Token ($MISA) as a native token for financing its entire ecosystem. Also positive is the initiation of MSA in the Digital field, such as music and film, which will possibly bring positive developments for the Blockchain world in Asia and wider.
The CEO of MSA Agustino Wibisono accompanied by advisor from MSA Harry Karsa, said, “This collaboration is the first step for MSA, Token Sangkara ($MISA) to penetrate the entire Global Market. Even though we started everything from scratch, we are now ready to compete.”
Contact Details:
Mitra Sangkara Abadi PTE LTD
Boulevard Office Tower
6th Floor Suite B1-B2
Tanah Abang
Central Jakarta
Indonesia
Email: [email protected] [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127499
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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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