EOSIO-Based Social Media Platform Voice Briefly Goes Live Ahead of Schedule

Voice, a blockchain-based social media project developed by EOS creator Block.One, briefly went live one day before its scheduled launch. Based on the open source EOSIO protocol, Voice aims to use Blockchain technology to create a trusted social experience, free from bots and fake accounts. Revealed in June 2019, the project uses biometric authentication technology to verify every account, limiting accounts to one-per-person and promising to protect user data. Voice briefly shows multiple posts Voice’s main page temporarily displayed several posts from different accounts which featured multiple likes and comments.…

South Korean NGO Announces Blockchain-Based Healthcare Platform

The Commons Foundation, a South Korean non-governmental organization, revealed its plans to develop a blockchain-based platform that aims to handle health epidemics in the wake of the COVID-19 crisis. According to Digital Today, the NGO will rely on blockchain public services to create an epidemiological research system to suit the coming post-coronavirus era. The article quotes a statement from Choi Yong-gwan, chairman of the Commons Foundation, who expressed concerns regarding the ongoing violation of personal information due to the pandemic emergency. Such a situation motivated the NGO to develop a…

Startup Brings Blockchain Functionality to Steam Gaming Platform

Blockchain’s inexorable push into the world of gaming is occurring simultaneously on a number of fronts. From AAA tentpole productions backed by major crypto players, through crypto-powered Esports tournaments in popular non-blockchain titles, to encouraging developers on board with easy-to-use blockchain integration tools. GOATi Entertainment is taking a dual-headed approach of its own with its Pavillion Hub offering; targeting both the developers and players on one of the largest gaming platforms around, Steam. Steam, but turbo-charged and blockchain-enabled Pavillion Hub, powered by Phantasma blockchain, acts as a kind of blockchain-enhanced…

Blockchain Prediction Platform Augur Launches V2 on July 28

Blockchain-powered event betting company Augur says that users of its REP cryptocurrency need to migrate their tokens once a new version of the platform is available starting July 28. According to an announcement posted to the platform’s website on June 29, Augur v2 will launch on the Ethereum (ETH) mainnet at the end of next month. This means that REP token holders need to manually migrate their coins to the new version, REPv2. Augur stated that current tokens will be renamed “REPv1” to lessen any confusion. ‘Use it or lose…

China Gets Its First Blockchain-Based Public Resource Bidding Platform

China’s Yun­nan province city of Kun­ming has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform. Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies that promise to complete a particular project. Dubbed “Kun­y­il­ian,” the bidding plat­form utilizes Tencent’s blockchain-as-a-service system and intends to solve the challenges faced by the current public resource bidding process. It is expected to help authenticate the credibility of central entities involved in the bidding process and expedite…

Coinbase Welcomes Compound DeFi to its Platform

Coinbase announced support for COMP, the token of decentralized finance, or DeFi, project, Compound.  “Coinbase customers can now buy, sell, convert, send, receive, or store COMP. COMP will be available for customers in all Coinbase-supported regions, with the exception of New York state,” the exchange said in a June 25 blog post announcement.  The company has listed the token on Coinbase.com, with compatibility for iPhone and Android mobile application usage, the announcement detailed.  Coinbase Pro already listed Compound  Built on Etheruem’s blockchain, Compound offer’s another option for crypto-based lending within…

Robinhood Vows to Improve Platform Following Customer Tragedy

Alexander Kearns, a 20-year-old customer of stock and cryptocurrency trading platform, Robinhood, committed suicide on June 12. This tragedy reportedly occurred after an erroneous negative balance of more than $730,000 appeared in Kearns’ account. This error has prompted the platform to take measures in order to improve the platform’s offering. According to the official announcement, Robinhood is considering additional criteria and education for customers seeking level 3 options authorization. They state that this may help ensure customers understand the platform’s sophisticated options trading features. They note that they will also…

DoJ Backs Trump’s Challenge to Section 230 and Social Media Platform Neutrality

On June 17, the United States Department of Justice issued new recommendations to roll back decades-old protections for online platforms publishing third-party content. Section 230 and internet censorship Section 230 of the Communications Decency Act became law in 1996, as the public was only just coming to welcome the internet into their day-to-day lives. The controversial law freed platforms from legal liability for content from third-parties. The DoJ’s recommendations include ending immunity for content involving child abuse, terrorism and cyberstalking. It also argues that Section 230: “Does not apply in…

Blockchain Platform We.Trade Reportedly Slashes Workforce by Half

Owing to ongoing financial difficulties, the IBM Hyperledger-powered trade finance blockchain platform we.trade is laying off almost half of its workforce. According to a Global Trade Review report, “more than a dozen employees” were laid off and most of them belonged to the commercial and product-focused verticals of the company. We.trade was jointly owned and funded by 12 influential banks and financial institutions such as Deutsche Bank, HSBC, Rabobank, Santander and Société Générale. Less than a month ago, IBM bought a 7% stake in the company, which, we.trade said, would…

CoinShares, Ledger and Nomura Release Long-Awaited Custody Platform

Global investment bank Nomura, digital asset manager CoinShares, and hardware wallet manufacturer Ledger, have finally launched their institutional-grade custody platform Komainu to the wider market. They’re billing Komainu as the first hybrid institutional-grade custody platform that can seamlessly integrate with legacy financial technology. CoinShares first examined existing custody products before deciding to develop their own solution in order to meet their security & business requirements back in 2018. The platform, under the leadership of CoinShares CEO, Jean-Marie Mognetti, is aimed at institutional players and will be regulated by the Jersey…