Blockchain
Mijem Newcomm Tech Inc. Announces $5,000 Scholarship Giveaway with Bitcoin Association for BSV
Mijem Newcomm Tech Inc. (“Mijem” or the “Company”) (CSE: MJEM), a North American social media and technology company, announces that they will be giving away a tuition scholarship to eligible post-secondary students residing in Canada. The scholarship prize is CA$5,000, comprised of CA$2,500 cash and the equivalent of CA$2,500 in Bitcoin SV (BSV). The prize giveaway is in collaboration with Bitcoin Association for BSV.
“This incredible campaign focuses on giving back to students who have been disproportionately impacted by the pandemic. This giveaway is an opportunity to help students financially with alleviating the cost of post-secondary tuition, while helping them to kick-start their crypto portfolio.” said Laurie Freudenberg, Mijem’s Chief Executive Officer. “Bitcoin Association for BSV is a tremendous supporter not only of Bitcoin SV but also of students with its Satoshi Nakamoto Scholarship, making it the perfect partner for this initiative.”
Commenting on today’s announcement, Bitcoin Association for BSV Founding President Jimmy Nguyen, said:
“We are excited to be partnering with Mijem to supply financial aid to students through this tuition scholarship and to introduce them to the world of blockchain technology and the powerful utility of BSV– the world’s only public blockchain capable of scaling to meet the needs of enterprise and government. Fostering the development of young talent is of vital importance to Bitcoin Association for BSV, as this is a crucial step in building the skills necessary to create the blockchain-based applications of the future.”
Mijem is a community buy-and-sell app designed for Gen Z, college and university students. Centred around campuses, Mijem provides a safe and convenient platform to buy-and-sell goods and services such as textbooks, clothing, electronics and more. The app represents a new way to build community and connect with peers, save money and live sustainably. What’s more, for every US$1 transacted through the app, Mijem users can earn rewards and build their crypto portfolio through an integrated digital wallet that allows them to redeem points for Bitcoin SV.
The Mijem app has been installed by thousands of students across more than 1,500 colleges and universities in North America and has recently been updated with new features and functionality to help students connect, transact and build wealth in a sustainable manner. The app is available for free on the Apple or Google Play stores and can be downloaded from the links below.
Download on iOS
Download on Android
According to a recent survey by Capitalize, over 50% of Gen Z believe crypto currencies will become widely used in the future, and about 17% of the entire cryptocurrency market is already being occupied by Gen Z.
A notable benefit to Bitcoin SV is how it transacts quickly and inexpensively, scales easily, and is far more environmentally friendly than many other cryptos – all features that are important to Gen Z.
The contest is open to Mijem users who are also eligible students. No purchase is necessary. To be considered eligible for a chance to win the scholarship, students must be legal residents of Canada (excluding Quebec) who are of the age of majority in their province of residence at the time of entry, and who are enrolled in or accepted for enrolment at a post-secondary college or university in the United States or Canada in the Summer 2022 or Fall 2022. The giveaway runs for 60 days, ending on June 13, 2022 at 11:59 EDST. Winners will be chosen by random draw from eligible entries on or around June 27, 2022, and announced on Mijem’s social media channels.
Full details and Official Rules can be found at: https://mijem.com/ca-giveaway
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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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