NEO Blockchain Platform Opens Seattle Office Headed by Ex-Microsoft Exec

Chinese blockchain platform NEO will open an office in United States city of Seattle, according to an official announcement shared with Cointelegraph on Feb. 15. The new office will be headed by ex-Microsoft executive John deVadoss. The NEO Global Development (NGD) Seattle office will open and begin recruitment this month, purportedly allowing the company to expand into the U.S. market. Per the press release, the NGD has been developing partnerships with Microsoft and other companies. According to NEO founder Erik Zhang, Seattle’s reputation for tech talent was one of the…

Russian Tech Giant, Blockchain Platform Sign Agreement to Improve Operational Systems

A subsidiary of Rostec, a Russian state-owned high-tech conglomerate, has partnered with blockchain platform Vostok, major Russian news agency Tass reports on Feb. 14. The joint agreement was signed by Rostec subsidiary National Center for Informatization (NCI) and tech company Vostok, which provides a blockchain platform combining its own private blockchain and the Vostok system integrator. Global blockchain platform Waves raised $120 million in December 2018 for the Vostok platform, which uses Waves technology for both commercial and government IT systems. According to the agreement, Vostok will be responsible for…

New Zealand Police Say Cryptopia Is Ready to Resume Trading, but Platform Remains Offline

The New Zealand Police have reported that recently hacked crypto exchange Cryptopia is ready to be relaunched and resume operations, Auckland-based news agency The New Zealand Herald reports on Feb. 13. Detective inspector Greg Murton reportedly said that the main part of the work required by the High Tech Crime Group at Cryptopia’s business premises in Christchurch has been mostly finished, claiming that Cryptopia management now have full access to their facilities and business premises. The inspector stated that the police are not preventing Cryptopia from resuming their operations, and…

Former JPMorgan Exec Becomes New CEO of Blockchain-Based Commodity Trading Platform Vakt

Former JPMorgan Chase executive Etienne Amic has been appointed as new CEO at Vakt, a blockchain-based commodity post-trade platform, according to a press release shared with Cointelegraph on Feb. 13. Having served as a managing director at both JPMorgan Chase and Mercuria Energy Trading S.A., Amic is expected to bring direct experience in commodities trading to the Vakt platform, which is designed to digitize physical commodities trading by cutting out paperwork. The new Vakt CEO has most recently served as co-founder and chairman of Vortexa, a cargo and analytics firm…

Fintech Startup to Use Oracle Blockchain Platform to Boost Payment Processes

Finance platform SDK.finance has partnered with Oracle to use the Oracle Blockchain Platform to improve payments processes and remove intermediaries. The partnership was announced in a press release published on Feb. 12. SDK.finance is a European-based fintech startup that offers a payment platform for banks and financial institutions. In 2015, the company was reportedly recognized as the best fintech startup by the Central European Startups Awards, while in 2018 it overcame other major industry players in terms of application programming interface (API) endpoints. By integrating the Oracle platform, SDK.finance reportedly…

Software Giant Oracle Expands Its Enterprise Blockchain Platform

Global computer tech giant Oracle is expanding features on its enterprise-grade Oracle Blockchain Platform, the firm announced in a press release on Feb. 12. The platform’s new capabilities reportedly intend to simplify the process of integrating existing business and IT systems, as well as to speed up development and deployment of new blockchain applications. The new features provide Oracle’s customers with a number of developer tools, identity management and data integration features, such as enabling the integration of blockchain transaction history with other data resources. Specifically, new features include an…

IBM Launches Blockchain Platform on Cloud Service in Melbourne

IBM has released its blockchain main net out of its data center located in Melbourne, Australia. This will purportedly allow their customers to run their applications on the company’s cloud, according to an article published on news outlet ZDNet on Feb 11. The IBM platform was built on Hyperledger Fabric. Hyperledger is a project that aims to improve cross-industry blockchain technologies that is hosted by the Linux Foundation. A Sydney-based IBM data center is reportedly set to open at the end of March, joining the other centers in Tokyo, London,…

Bitfury’s New Partnership to Build Blockchain-Based Medical Imaging Platform

Blockchain tech company Bitfury is partnering with radiology blockchain marketplace Medical Diagnostic Web (MDW) to create a blockchain-based medical imaging ecosystem. The partnership was announced by the Bitfury Group in a blog post on Feb. 11. Established in 2011, the Bitfury Group operates as a software manufacturer and provider of security and infrastructure for the Bitcoin (BTC) blockchain. The company raised $500 million in revenue in 2018. MDW is a radiology blockchain platform that allows radiologists to contact with imaging facilities and share patient data and medical images. Within the…

UAE Exchange and Payment Platform Unimoni Join Ripple’s Payments Network

Finablr, a global payment platform and foreign exchange operator based in the United Arab Emirates, has joined Ripple’s (XRP) RippleNet blockchain network, a press release reveals on Feb. 11. Finablr’s network brands, UAE Exchange and payment platform Unimoni, will use the blockchain-based platform provided by Ripple to complete real-time transactions to Thailand. The firm also reported it has plans to expand the services to other countries in future. As per the press release, the first partner in the service major Thai bank, Siam Commercial Bank, letting UAE Exchange and Unimoni…

New Platform Enables Trades Across 200 Tools and Runs Educational Crypto Show

A cross-market platform called LH-Crypto says its service gives traders the opportunity to transact across a plethora of cryptocurrencies and 200 other financial instruments — including forex on fiat currencies, precious metals, shares and commodities. Its beta version also enables users to participate in margin trading — a feature that it says helps distinguish its ecosystem from crypto exchanges. Not without risks, margin trading via LH-Crypto means members can make deals using sums 100 times larger than their account balance. Traders can receive funds in cryptocurrencies or fiat — and if they…