Blockchain
Lockchain.ai launches as the ‘frst AI-powered blockchain risk management platform’
Lockchain.ai has launches, desribed as the market’s first AI-powered risk management platform for blockchain.
The Blockchain Risk Management Platform (BRMP) – said to be a new category in the market – sets the standards for mature risk management in digital assets and gives traders, investors and fund managers much-needed solutions for securing the blockchain ecosystem and reducing black swan events.
A spokesperson for the company said it had been founded in order to bring automated risk management and security solutions to cryptocurrency trading and digital currency asset management.
Lockchain.ai was created to fill an urgent need in the market, they explained – a real-time risk management and security platform that gives both security and non-security investment professionals the capabilities to navigate the changing and challenging landscape that is the cryptocurrency industry.
Co-founder of Lockchain.ai, Andrew Howard, said: “While smart contract audits are important, they are just one piece of the puzzle when it comes to securing digital currencies on and off chain. Our SaaS platform complements existing security professional services by offering critical risk management and security infrastructure to give clients unprecedented real-time visibility and transparency.”
Unlike some solutions that require security experts, Lockchain.ai transforms the complex world of cryptocurrency into continuous straightforward and actionable insights for traders and asset managers. Furthermore, the platform ingests and leverages data from a variety of sources, including web3, that enables clients to understand risks that may affect their portfolio. As more Bitcoin ETFs come online, the ability to examine custodians and counterparties involved with portfolios and reconciling on- and off-chain risks based on real-world events is critical.
Howard said: “We’re excited for more users to reap the benefits of the Lockchain.ai platform, as well as future offerings to boost its capabilities that are already in the works.
“We made a decision early to build Lockchain.ai with a small but senior team. We were fortunate to recruit some long-time friends with serious technical chops and some new friends with years of experience in the market. It has been a fun journey for the past year because of the people. We have also leaned heavily on a network of advisors and partners that were critical to our success to date.
“Some clichés are true; security is a shared responsibility and our systems are only as strong as their weakest link. Digital currencies are here to stay and Lockchain.ai is the pioneering solution that will help eliminate weak links and protect the future of the industry.”
Source: blockchaintechnology-news.com
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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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