Sfermion Raises $100M NFT Fund as Facebook Stokes Metaverse Mania
Sfermion, an investment firm led by crypto podcaster and analyst Andrew Steinwold, says it has raised $100 million for a new fund focused on non-fungible tokens (NFTs), with contributions from Marc Andreessen and the Winklevoss twins. Steinwold told CoinDesk that the fund, dubbed simply “Fund II,” will focus in on the
Why I Think NFTs and Decentralized Social Could Usher in Societal Adoption of Blockchain
Right now, if you were to ask the average person on the street what blockchain technology is, they would most likely, and inappropriately, begin discussing its affiliates: Bitcoin and other cryptocurrencies. Unequivocally misled, the general public has clung to the ill-informed public statements and sentiments regarding both blockchain technology and
Blockchain for a better, more sustainable supply chain
Supply chains are all-important to society. We rely on them for everything from keeping our supermarkets stocked with food to replacing our faulty car parts. Despite this, all the average consumer ever sees of the supply chain is the end product: the plate of salmon served to you in a restaurant
15 Applications for Blockchain Technology
The idea of a blockchain was first conceived as the mechanism supporting Bitcoin (CRYPTO:BTC). To solve the double-spending problem associated with digital currencies, Satoshi Nakamoto devised an immutable ledger of transactions that chains together blocks of data using digital cryptography. While the idea works extremely well for Bitcoin and other cryptocurrencies,
Legal Implications of Blockchain in Supply Chain: What’s Law Got to Do With It?
The advent of new technology brings along with it the murkiness of how the American legal system will treat such technology. Before the rise of blockchain for instance, businesses were uncertain how courts would treat electronic records and signatures until the federal legislature enacted the E-Sign Act on June 30,
Supply Chain Ventures invests in blockchain tech delivery firm Finboot
Supply Chain Ventures LLC, the venture capital firm investing in supply chain and data analytics innovators, has given its strategic and financial backing to technology company Finboot. Finboot gives customers a competitive edge through accelerating their digital transformation, realizing the value, and building trust through blockchain. Its customers include Iberia, Stahl,
Blockchain explained: Breaking down the technology that’s transforming the world of finance
When you think about blockchains, probably the first thing that comes to mind is Bitcoin or cryptos. But actually, the technology is extremely versatile and has potential far beyond cryptocurrencies. Blockchains have become popular over the past few years because they allow us to secure and verify all kinds of data in
COMSovereign and TNS Advance Wireless Infrastructure Security Utilizing the Blockchain for Mobile Electronic Device Verification
COMSovereign Holding Corp., a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions and Total Network Solutions, a developer of the next generation of blockchain technology solutions today announced initial progress on their collaboration for protecting the nation’s telecommunications infrastructure, supporting the Executive Order on Improving the
Blockchain brings the sharing economy to real estate investing
Fractional ownership of buildings and property developments is becoming one of the adoption areas for blockchain technology in the real estate business. From democratizing access to real estate investment to improving liquidity in the market, there is an argument to be made for tokenization being a net positive for the
The future of the vast oil and gas industry depends on blockchain
The age of digital transformation has arrived, leading traditional industries to adopt new technologies to accommodate a fully digital future. As such, it shouldn’t come as a surprise that the trillion-dollar oil and gas industry has quietly started to leverage blockchain technology for business success. Douglas Heintzman, chief catalyst at