In a strategic move aimed at strengthening its position in the blockchain industry, Igloo, Inc., the parent company of Pudgy Penguins, has officially announced the acquisition of the Frame team. Frame, known for its pioneering role in crypto development, will be sunsetted as its co-founders, Cygaar and Beans, join Igloo to focus on developing Abstract, […]
In a strategic move poised to revolutionize the private investment sector, Blockchain Coinvestors Acquisition Corp. I (Nasdaq: BCSA), a distinguished special purpose acquisition company, and Linqto, Inc., an innovative digital investment platform, have declared their entry into a definitive business combination agreement. This pivotal transaction will see Linqto becoming a wholly-owned subsidiary of BCSA, heralding […]
Infosys Finacle, a part of EdgeVerve Systems and a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), together with Zand Bank (Zand), the UAE’s inaugural digital-only banking institution, have officially announced their partnership. This collaboration signifies Zand Bank’s subscription to the Infosys Finacle Solutions suite to revolutionize its corporate banking services. The implementation of Infosys […]
WaveBL, a prominent provider of electronic Bills, has successfully raised $26 million in its latest funding round, further solidifying its status as a key player in the digital trade document sector on a global scale. The funding round was led by NewRoad Capital Partners, an investment firm focused on innovative and growth-oriented companies in the […]
Indian design and technology company Tata Elxsi has announced its partnership with web3 rewards platform Cultos Global to integrate a blockchain mechanism into its TETHER Connected Vehicle Platform, creating an innovative driver reward program. This collaboration aims to revolutionize the way driver behavior is tracked and positively influenced, leveraging the power of analytics, ADAS, and […]
Tech Mahindra has announced a strategic partnership with EarthID, a decentralized identity management platform, to collaborate on a self-sovereign identity (SSI) powered Metaverse. The aim is to create a blueprint for a platform that provides users with control over their data, privacy, and consent in the Metaverse environment. The SSI-powered Metaverse platform will not only […]
Wipro said that its innovation lab — Wipro Lab45 has launched Decentralized Identity and Credential Exchange ID (DICE ID), a blockchain-enabled platform for putting users in control of their personal information and facilitating quicker, easier, and secure sharing of private data online. With blockchain technology as the backbone, DICE ID enables the issuance and verification […]
OneSpan, a US-based digital agreements security company, will acquire Australia-based startup ProvenDB to improve its Transaction Cloud Platform capabilities. The terms of the agreement have not been disclosed. The transaction is anticipated to serve as a foundational architecture for future blockchain-based digital transaction solutions for Web3. OneSpan anticipates to integrate ProvenDB’s technology with its Transaction […]
Bharti Airtel (Airtel) said that it has acquired an undisclosed stake in blockchain technology startup Aqilliz under the Airtel Startup Accelerator Program. The financial terms of the deal were not disclosed. Based in Singapore, Aqilliz is a Blockchain as a Service company, which has developed a hybrid blockchain platform called Atom. The hybrid blockchain platform […]
Infosys said that its US-based subsidiary – Infosys Public Services (IPS) has wrapped up the pilot of a blockchain solution for Riverside County in California. The blockchain solution has been designed for enhancing the efficiency, access, and security of crucial recordkeeping in the county. According to Infosys, the blockchain network lets county employees handle data […]