Blockchain
Indicio and Liquid Avatar Technologies Launch Canada’s First Privacy-Preserving Decentralized Technology for Sharing Health Data
Indicio, the leading developer of decentralized identity blockchain networks and software, in partnership with Liquid Avatar Technologies, a publicly listed global blockchain, digital identity and fintech solutions company, and Vector Laboratories an Ontario Canada licensed laboratory healthcare verification organization, have launched the first Canadian blockchain-based decentralized identity solution for issuing and verifying COVID test results.
Supported by Indicio’s credential exchange tools, the Liquid Avatar Verifiable Credential Ecosystem (LAVCE) enables people to collect digital credentials from Vector Labs confirming their COVID test result. Credentials can be presented for verification without an individual having to share personal data. LAVCE can integrate with healthcare facilities, testing labs, government agencies, schools, sports arenas, transportation, trade shows, and workplaces to confirm health status and assist efforts to reduce new outbreaks. It combines a mobile app from Liquid Avatar for individuals, a SaaS model platform for healthcare issues, and a software development kit (SDK) to power mobile apps, corporate portals, and government websites.
“Liquid Avatar Technologies shares Indicio’s vision—the world needs technology that delivers real privacy and security,” said Heather Dahl, CEO of Indicio. “When we launched the Indicio Network, we saw the need for a space for innovative companies to collaborate and change how we manage identity, enable verification and create trust. Our partnership with Liquid Avatar Technologies, one of many, shows what happens when innovators solve pressing problems with ground-breaking technology.”
Both Indicio and Liquid Avatar are steering committee members of the Linux Foundation Public Health‘s Cardea project, designed to provide public health agencies around the world with open source interoperable privacy-preserving technology to manage COVID testing and vaccination. LAVCE also aligns with the Global COVID Credential Network and the Good Health Pass Collaborative.
“LAVCE is leading the market for interoperable, privacy-preserving identity that provides a flexible yet uniform approach to revealing health and other verifications when necessary,” said David Lucatch, CEO. “Privacy and security of personal data is essential to a ‘return to normal’ and a host of other activities. Having a patchwork of systems can quickly get out of hand. Supported by the expertise of Indicio, LAVCE makes it quick and easy to handle test data and other verifiable credentials in a way that earns people’s trust, keeps them safe, and helps open up society.”
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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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