Blockchain
BurstIQ Wins Prestigious Award at the 2020 Enterprise Blockchain Awards
BurstIQ, the leading provider of blockchain-based data solutions for the healthcare industry, received the coveted award for Innovative Entrepreneurship in Blockchain Industry Solutions this week at the 2020 Enterprise Blockchain Awards hosted by Blockchain Revolution Global. The company’s CEO, Frank Ricotta, was also recognized as a finalist for Blockchain Leadership, and Chief Scientific Officer Dr. Wendy Charles was a finalist for the New Frontiers in Blockchain Research award.
BurstIQ has emerged as the clear market leader in providing blockchain-enabled data solutions for the healthcare, life sciences and identity industries. The company’s core platform allows enterprises and government agencies to build secure data networks for managing multi-dimensional profiles, cryptographic ownership and consent-based access to data. The platform allows data producers and data consumers to connect with each other and exchange data in a secure and regulatory compliant framework.
The company supports over 100 partners on five continents; partner solutions include health information exchanges, enterprise data networks, workflow optimization, revenue cycle, know-your-customer (KYC) and distributed identity, personal health records, contact tracing, immunity passes, and more. The company is a strategic partner to the International Trade Administration (ITA), serves as an advisor to OECD and the EU Parliament, and was the first blockchain company to join the UN Global Compact.
“We believe very strongly in the power of blockchain to increase both transparency and security of health and identity data,” says Frank Ricotta, CEO of BurstIQ. “Being recognized by Blockchain Revolution Global validates that we are making a positive impact in the market, and we are honoured to be recognized.”
The award follows closely on the heels of the company’s launch of Research Foundry, a global coalition of enterprises and entrepreneurs working together to solve COVID-19 and other global health challenges, as well as the announcement of a collaboration between BurstIQ, American Heart Association and Hitachi Vantara to bring together data, science, and technology to drive breakthroughs in the fight against COVID-19.
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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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