New App for Coronavirus Integrates Blockchain With Web Inventors Privacy Technology

The United Kingdom’s Open University has produced a COVID-19 proof-of-immunity app that joins blockchain with a privacy-preserving data solution from web inventor Tim Berners-Lee. The prototype app, undergoing trial, would support the proof and confirmation of tamper-resistant test results for COVID-19 antigen tests and vaccination coverage. The solution could apparently be utilized to give frontline …

Study Reveals UK Blockchain Companies are Turning to Traditional Funding Strategies!

A new study issued by venture capital firm, MMC Ventures, discovered that UK blockchain companies are shifting to traditional capital raising strategies, seeing that the Initial Coin Offering, or ICO, model is becoming “increasingly” challenging to use. According to the research issued on April 30, ICOs represent a “valuable” funding source for open-source projects. Nevertheless, …

Bitcoin Price Slides Below $9K As Trader Suggests ‘Technical’ Retrace

BTC price tests reclaimed support Data from Cointelegraph Markets and CoinMarketCap showed a swift reversal for Bitcoin on Thursday trading, diving from highs of $9,440 to lows of $8,530. At press time, support at $8,500 — which as resistance proved weak during Bitcoin’s run-up this week — was holding. Short-term movements remained choppy, with jumps …

Porsche Backs Blockchain Platform for Vehicle Management in $6M Funding Round

Porsche has participated in a 5.5 million euros ($5.9 million) funding round for a German startup Gapless — the developer of a blockchain-based vehicle management system. Among other contributors, Gapless saw FinLab EOS VC Fund, a joint venture between Block.one and FinLab, and insurance entrepreneur Kersten Jodexnis, Tech.eu reported on April 29. Gapless is going …

Chinese Internet Giant Tencent Launches Blockchain Accelerator!

Tencent, the operator of Chinese social media app WeChat, is launching a blockchain accelerator. It was declared on the company’s website on April 29, the “Tencent Industrial Accelerator” is open to both early-stage and mature blockchain startups, with a sum of 30 places available. To qualify, projects must possess at least one financing round behind …