Blockchain Firm Raises $6 Mln From Major Energy Companies, Saudi Aramco Subsidiary

American blockchain startup Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. The news was published by energy-focused news outlet Worldoil on May 8. In a Series A equity funding round, Data Gumbo ostensibly raised $6 million from companies such as Saudi Aramco Energy Ventures, the…

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The Potential of Blockchain Startups: Reasons to Invest in Blockchain

The Potential of Blockchain Startups: Reasons to Invest in Blockchain

Even though cryptocurrency has fallen into the clutches of the actively ravaging “crypto winter” that started out with a major market crash in November 2018, blockchain is still experiencing success expected from such transformational technology. Starting from government sectors across the world considering blockchain for data operations and smoother data collection, including testing blockchain-driven voting,…

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Blockchain Life 2019

Blockchain Life 2019

23-24 April, Marina Bay, Singapore Global forum Blockchain Life 2019 in Singapore welcomes 5000+attendees and top companies at its 3d edition on April 23-24. The global forum 2019 highlights four significant topics: Blockchain, Cryptocurrency, StartUps and Mining. More than 5000 people including industry top speakers, funds and investors, blockchain startups and world companies, crypto traders,…

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Germany Seeking Industry Feedback for National Blockchain Strategy

Germany Seeking Industry Feedback for National Blockchain Strategy

The German government is seeking industry feedback ahead of developing the country’s blockchain strategy by the summer. A Reuters report on Monday, citing anonymous government sources, said that companies and industry groups “that could become stakeholders in a blockchain deployment process” have been invited to provide recommendations on the strategy. Whether proposed recommendations would result…

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Decoding the future of blockchain for ASEAN in 2019

Decoding the future of blockchain for ASEAN in 2019

2019 will mark the tenth anniversary of the first deployment of blockchain technology. It was in 2009 that the still elusive Satoshi Nakamoto released the first version of bitcoin. Since then, the concept of blockchain was inseparably linked with the world of cryptocurrencies. But the burst of the Bitcoin bubble seems to have resulted in…

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Huobi Exchange’s Plans for Russia Go Well Beyond Crypto Trading

Huobi, the third-largest crypto exchange by trading volumes, is seeking to fill a void in Russia’s cryptocurrency community. This month, the exchange opened an office in Moscow, the first major crypto trading platform to have a physical presence in the country, notably with a Russian-language call center. But Singapore-based Huobi’s ambitions go further, into lending…

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