Tag Archives: Blockchain

Bacardi Rum Heiress Invests $100 Mln In Blockchain Entertainment Platform

Lady Monika Bacardi of the Bacardi rum empire has made an investment valued at $100 mln in a blockchain-powered social entertainment platform, according to an announcement from the company shared with Cointelegraph today, May 11. Lady Bacardi is quoted by the company as saying that the platform, dubbed TaTaTu, “reinforces [her] bullish stance on the promise of blockchain technology and cryptocurrency.” Continue reading Bacardi Rum Heiress Invests $100 Mln In Blockchain Entertainment Platform

Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions ‘Benefits’

Canada’s central bank, Toronto Stock Exchange operator TMX Group, and non-profit organization Payments Canada, completed tests showing blockchain can be used for instantaneous securities settlements, Reuters reports today, May 11. Continue reading Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions ‘Benefits’

IBM And NGO Global Citizen Announce Contest For Blockchain Charity Platform

American multinational technology giant IBM has partnered with Global Citizen, an NGO dedicated to alleviating poverty, to sponsor a contest for a charity donation blockchain platform, a blog announcement states May 11. According to the statement from IBM, one challenge that faces philanthropic organizations is ensuring that donated funds are utilized in an effective and efficient manner, which is true to the mission of the organization. Continue reading IBM And NGO Global Citizen Announce Contest For Blockchain Charity Platform

Irish University Study Calls For Government Action To Promote Blockchain In The Country

The authors of a study at the National University of Ireland (NUI) Galway on the adoption of blockchain in Ireland, called on the government to promote the technology more broadly in the country, The Irish Times reported May 11. The study proposes recommendations to increase blockchain awareness and adoption, that can reportedly have a positive impact on economic growth and establish a basis for how the government and Irish organizations carry out business. Continue reading Irish University Study Calls For Government Action To Promote Blockchain In The Country