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Tag Archives: Blockchain Technology

a16z Releases Plans for New Blockchain Startups and Divisions

Venture capital firm Andreessen Horowitz (a16z) said it’s opening its first international space in London and it’s also starting what it’s calling the Crypto Startup School, an accelerator program designed to help digital currency startups garner the funds and resources they need to stay afloat. The company also said it wants to expand its present blockchain program. a16z to Open New London Office a16z is closely working with universities throughout the London...

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Coinbase Head David Duong Says Blockchain Can Fix Up AI

David Duong – head of research at Coinbase – says in a new report that blockchain could potentially aid in the many problems already coming about in the artificial intelligence (AI) arena. David Duong on Blockchain and AI In the report, Duong said: As applications within AI and blockchain mature, the disruptions these technologies represent may lead to areas of collaboration and the emergence of new use cases for crypto to help address specific societal challenges...

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Blockchain Company Nansen Engages in Massive Layoffs

Nansen – a blockchain data firm based in Singapore – has laid off about 50 people at the time of writing, suggesting the crypto winter is not fully over. Nansen Says Goodbye to Many Employees 2022 was marred by news of many large crypto firms and companies laying off employees. Big names like Gemini in New York and Coinbase joined the ranks, with the latter initially putting off plans to triple its workforce. Originally, Coinbase had the goal to become bigger than...

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Louis and Arlene Byrd Create Their Own Real Estate Blockchain Firm

Louis and Arlene Byrd are a married couple that bought a home a few years back. The trouble was that their purchase didn’t satisfy them. This led them to create their own real estate company on the blockchain. Louis and Arlene Byrd Establish Blockchain Real Estate Firm Known as Kataba, the company came about after the couple said their home was too “racially segregated.” They dealt with several bad contractors and other issues that caused them to sell the property...

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Why Do So Many Blockchain Firms Fail? Analysts Weigh In

While blockchain has become a huge arena over the past few years, there are several blockchain companies that don’t seem to last that long. This has not helped the industry reach mainstream status. Blockchain Companies Are too Much in Fantasy Land Will Cong – faculty director of fintech at Cornell University – says the problem lies with the tokenomics of these many blockchain companies. Many of them don’t have their priorities straight. They don’t have necessary...

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Blockchain Capital Plunks Money into Eyeball-Scanning Technology

Blockchain Capital – a funding company that’s made a name for itself giving several new blockchain startups life – is betting big on a new eyeball-scanning orb. Blockchain Capital Invests in Some Questionable Tech The firm has funded all kinds of crypto companies from Coinbase and Kraken to NFT marketplace Open Sea. In an interview, general partner Spencer Bogart talked about how much of the company investors currently own. He said: It’s not a figure I have in...

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Mathew McDermott: Blockchain Is an Unrivaled Technology

Mathew McDermott – a managing director of Goldman Sachs, one of the biggest financial companies in the world – says he thinks blockchain technology is well on its way to creating a sound new financial system that will never be rivaled or overshadowed. Mathew McDermott on the Future of Blockchain In a recent interview, McDermott explained his thoughts and feelings towards blockchain and how Goldman plans to integrate the technology into its systems in the coming...

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The Venom Foundation Seeks to Bring Blockchain to Kenya

The Venom Foundation – a Web3, fintech, and blockchain company – has agreed to form a partnership with the government of Kenya in Africa as a means of bringing more blockchain and crypto capabilities to the continent. The company also said it’s hoping to establish more Web3 and blockchain applications in the coming months and years to ensure Kenyans have access to up-to-date technology. Kenya Is Getting Access to Blockchain Christopher Louis Tsu – CTO for the...

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The ASX Has Ended All Its Blockchain-Related Plans

The Australian Stock Exchange (ASX) recently engaged in an ambitious new plan to completely rebuild and revamp itself with blockchain technology, but sadly, those plans have come to a sudden end. The ASX “Breaks Up” with Blockchain A review of the agenda has suggested that for the ASX to be successful in its attempts, it would need to completely rework itself over a seven-year period. Executives behind the exchange say the plan is not feasible, and would thus not...

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