Blockchain
Fraud Prevention Company nSure.ai Partners With Merkle Science to Usher in New Era of Security in Digital Currency
Merkle Science, the predictive crypto risk and intelligence platform, has today announced their partnership with nSure.ai, the AI-driven payment fraud prevention platform for the crypto segment, to enhance protection in cryptocurrency. This partnership will reduce crypto crime, combat fraud, and ultimately drive crypto adoption through a safer landscape for digital currency.
Through the partnership, nSure.ai’s customers can access Merkle Science’s Compass, a behavior-based blockchain transaction monitoring solution, to allow end users to transact with cryptocurrency confidently. Merkle Science’s customers can leverage nSure.ai’s fraud platform to mitigate payment fraud while exchanging fiat for cryptocurrency, optimize new customer and partner onboarding, and scale their businesses.
The partnership will unleash a new era of security within the digital currency space, including everything from tracking fraudulent activities to preempting potential threats. Because of this breadth, the partnership creates an end-to-end solution for crypto lifestyle protection, beginning with onboarding and continuing to any on-chain transactions.
“The biggest challenge to crypto adoption is fraud. Merchants and consumers are reluctant to transact with digital currency in a business environment where crypto fraud is rampant,”
says Merkle Science CEO, Mriganka Pattnaik. “Our partnership with nSure.ai overcomes this obstacle, enabling both sides of the marketplace to use cryptocurrency with unprecedented security, safety, and, most of all, confidence.”
“As a leading provider in payment fraud prevention, our team at nSure.ai has recognized the growing demand from crypto exchanges and on-ramp players to secure transactions converting fiat into cryptocurrency,” says nSure.ai CEO and co-founder Alex Zeltcer. “Partnering with Merkle Science and leveraging Compass will ensure that businesses can identify crypto fraud, enable the seamless transactions of legitimate consumers eager to use digital currency for everyday use, and facilitate the successful onboarding on on-ramp partners.”
The post Fraud Prevention Company nSure.ai Partners With Merkle Science to Usher in New Era of Security in Digital Currency appeared first on HIPTHER Alerts.
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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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