Blockchain
Synechron and VisionGroup Partner to Leverage dataSense
Synechron, a leading global digital transformation consulting firm, today announced that it has formally partnered with VisionGroup, a Singapore-based technology company and the creator of dataSense, the next generation catalogue and data management tool, to help extend innovation in the Data Management space.
Synechron has been working with VisionGroup and its dataSense team to leverage this technology into Synechron’s 13 global Financial Innovation Labs (‘FinLabs‘), as well as incorporate it into the next generation of FinLabs-created accelerator solutions expected to debut later this year.
The dataSense technology uses a combination of mathematical algorithms and event processing to build the picture of an organization’s data. It complements metadata platforms by creating an operational view of the data built from the actual data, and not simply metadata. dataSense bridges the gap between the business glossary, operational data, and technical metadata. It augments and completes the data governance framework. dataSense enhances organizations’ existing processes and controls, and can capture unexpected items, such as internal data abuse. Enabling digital fingerprints and data catalogues allows for rapid identification (through Smart Alerts) of data changes and identifying who made changes.
Tim Jennings, Global Data Practice Lead at Synechron said, “We are excited to be partnering with VisionGroup, and looking to leverage the capabilities of the dataSense tool for some interesting imminent use cases. We are seeking to exploit the data observability features in our upcoming risk accelerator, supporting features for pro-active identification and rectification of data issues, and enabling real insight into the data payloads between systems. We are also keen to explore how we can use this tooling in the refresh of our own internal data estate, where data integrity and quality will be the objective.”
Kieran Ebbs, Chief Revenue Officer, VisionGroup said, “We are delighted with the announcement of this strategic partnership with Synechron, a company renowned for its deep expertise in financial services. This collaboration aims to redefine the data landscape by combining Synechron’s extensive capabilities with the innovative approach of dataSense, a transformative data management solution. This unique partnership presents an unparalleled opportunity to deliver successful data initiatives that will drive remarkable outcomes for organizations, empowering them to unlock the true potential of their data, optimize data management processes, and generate actionable insights.”
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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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