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Tag Archives: Consensys

NBA’s Sacramento Kings Launch Auction Platform on Ethereum in Partnership with ConsenSys

NBA Basketball team Sacramento Kings has recently joined hands with blockchain software development studio ConsenSys for its new sports gear auction platform. On Tuesday, January 15, Kings announced its Ethereum-based live auction platform.Thus, fans can bid live for different in-game sports gear using Treum, a ConsenSys-backed supply chain product. The use of Ethereum blockchain will also ensure that every auctioned item is genuine and authenticate. Furthermore, it will also allow for a...

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Job Losses and Indirect Finances: The “Darker Side” of Ethereum?

No doubt Ethereum (ETH) is a hardcore crypto asset that’s not to be messed with. It’s the second-largest cryptocurrency by market cap, and it holds its ground over the likes of Ripple (XRP), bitcoin cash (BCH), EOS (EOS) and Litecoin (LTC).Ethereum Still Has Some IssuesBut even top products and companies appear to suffer from time to time, and Ethereum is no exception. The company recently announced that it was having to cancel out several jobs in both the Philippines and India. While it’s...

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Tradeshift Startup Uses ETH Blockchain to Cut B2B Costs

Supply chain fintech startup Tradeshift Frontiers, famous for advertising more than two million companies on its platform, said it has cut the cost of cross-border transactions between buyers and suppliers utilizing public Ethereum blockchain.Last year, Tradeshift startup managed to raise $250 million in a Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). That brought Tradeshift’s total funding to more than $400 million. The company...

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Libra Project Should Not Be Headed by Facebook, Says Co-Founder of Ethereum

The fate of Facebook’s Libra cryptocurrency is pretty much hanging in the balance and has somewhat been so since it was first announced a few months ago. There has been so much backlash from authorities, with Congress specifically asking Facebook to halt the development progress until further notice. Now according to Ethereum co-founder Joseph Lubin, the biggest problem that the Libra faces is Facebook itself.Lubin recently spoke to CNBC’s Squawk Box, and specifically mentioned Facebook’s...

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Microsoft Introduces Blockchain Platform for Minting Enterprise Tokens on Azure

In a move that has seen Big Tech enter the crypto space on a whole new level, Microsoft has launched a platform on its Azure cloud infrastructure to make token deployment to become as easy as possible.Referred to as the Azure Blockchain Tokens platform, the platform aims to make the issuance and existence of blockchain tokens to become cloud-based and to also enable the operating environment of such blockchain projects to become seamless and as easy as possible.This was revealed at the...

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5 Major Automakers Beginning Field Testing of Automatic Blockchain Payments System

The world’s leading car producers — BMW, General Motors, Ford, Renault, and Honda — have been working on the blockchain car identification and payment system under the Mobility Open Blockchain Initiative (MOBI) since last year. Next month, automobile giants will start testing a vehicle identification network in the United States.As Nikkei Asian Review has reported, the car producers have an aim to integrate the blockchain system to automatically make payments on typical commuting routes. This...

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Die Zukunft von Ethereum ist rosiger als viele denken!

ConsenSys ist ein von Joseph Lubin gegründetes Unternehmen für Bitcoin und Ethereum-Softwaretechnologie mit Hauptsitz in Brooklyn und weiteren US-amerikanischen Niederlassungen in Washington, DC und San Francisco. Zu den internationalen Standorten zählen Toronto, Dublin, Paris, London, Sydney, Singapur, Manila und Hongkong. Der Branchenführer in Sachen Bitcoin-Analysen und...

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