Stripchain secures $10M in funding to enhance blockchain usability

Stripchain secures $10M in funding to enhance Blockchain usability

For the crypto industry, enhancing user experience is critical, particularly the ease of executing on-chain transactions without concern for the underlying blockchain. Several crypto startups, known for their innovation, are tackling this challenge to make crypto more accessible.

The concept of "chain abstraction," where users can interact with decentralised applications without explicit awareness of the underlying blockchain infrastructure, is viewed as a promising avenue toward...

EU commission encouraged to lead blockchain and AI integration

EU commission encouraged to lead blockchain and AI integration

The EU has been urged to take the lead in finding harmony between blockchain and AI.

This advice was given to national regulators by the European Blockchain Observatory and Forum (EUBOF), an EU-commissioned body that monitors and examines blockchain developments across Europe. In its final report published on May 24, the EUBOF team highlighted the potential for blockchain to integrate with other technologies to drive innovation.

The report's release follows the EU's...

Proofworks launches to unlock a new era of digital transformation in the spirits industry

London-based Proofworks has been launched with a proprietary SaaS solution to digitalise the entire spirits supply chain, from production, maturation and bottling, to customer engagement and digital ownership.

Combining user-friendly solutions with the latest in powerful Web3 technologies, the Proofworks platform aims to surface previously unseen data and insights, allowing for optimisation and transparency at every stage of the product journey.

This is a key time for...

Web3Firewall announces $2.5m pre-seed investment round

Web3Firewall has closed a $2.5m pre-seed investment round led by Laser Digital (Nomura’s digital asset subsidiary) gumi Cryptos Capital (gCC) and SPEILLLP, a member of Susquehanna International Group.

The company has developed an intelligence-driven risk and compliance platform specifically to meet the evolving challenges of companies engaged in blockchain technology and digital assets.

Web3Firewall was founded in 2023 by Dr. Samer Fayssal, who was previously CISO and...

Animoca Brands and Blockpass forge partnership for a secure Web3

Web3

Blockpass, a provider of compliant identity verification solutions for the Web3 space, and Animoca Brands, a company advancing digital property rights for gaming and the open metaverse, have teamed up to build a safer and more compliant Web3 environment.

This collaboration will leverage Blockpass' industry-leading KYC/AML SaaS to provide Animoca Brands and select portfolio companies with seamless and cost-effective solutions for user verification. This will ensure stronger...

TapNation and Immutable partner for Web3 gaming expansion

Web3 gaming

French mobile gaming publishing company TapNation has partnered with Immutable, a developer platform for building & scaling web3 games on Ethereum.

TapNation’s strategic alliance with Immutable will see the French publisher leverage Immutable’s scaling solution for games that offers EVM compatibility, low cost, massive scale, and Ethereum security, while also transitioning TapNation’s sizable player base into the Web3 era.

Philippe Lenormand, head of Web3 at...

Ginger Joy raises £1 million for Web3 blockchain-based mobile gaming startup

Ginger Joy, the Web3 mobile gaming startup , has announced its most recent round of fundraising of £1 million. This capital will be used to develop mobile-native gaming ecosystems with blockchain-based interoperability.

Ginger Joy is a spin-off company of Matchingham Games, an established UK developer with nearly 500 million installations globally and over 120 staff members.

The new startup has been bolstered by a veteran management team from across the gaming sector,...

Web3 platform OpenChrono seeks to make luxury watch transactions safer 

Web3 platform OpenChrono has launched, introducing a new transaction standard that could protect consumers and reputable dealers from a secondary market for luxury watches beset by scams and scandal. 

Blue chip watch brands commonly inflate demand for their watches by tightly controlling supply. Subsequently, for most buyers, the secondary market – an international network of independent dealers – is their only option to purchase a luxury watch. While it typically adds a...

GSBN partners with ZAN to harness Web3 to tokenise eBLs

Handshake

Global Shipping Business Network (GSBN), a not-for-profit consortium enabling efficient, paperless and sustainable growth in global trade with its data infrastructure and ecosystem of partners, has partnered with ZAN to explore technical innovations for tokenising the electronic Bill of Lading (eBL) with the support of Hong Kong’s Web3 environment, to unlock new economic values for participants in global trade.

As a technology brand of Ant Group Digital Technologies, ZAN brings...

Jeroen van Megchelen, Ledger Leopard: Why companies should embrace blockchain and web3 technology

What have been the latest developments at Ledger Leopard?

We've introduced an AI trust tool called 'rel-ai'. This tool is designed to provide trust to AI models by ensuring the transparency and authenticity of their outputs. Ledger Leopard accomplishes this by offering users a web3 wallet, which they can use to sign both the input provided to the AI model and the resulting output.

The process involves users signing the input and output, and then hashing and writing the...