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Blockchain to support financial stability. Auxesis, an international technical innovation company with offices in UK and India has announced its partnership with Multichain – a company providing solutions with open source Blockchain platform. This partnership is aimed to boost start-ups development in India as well as accelerate innovations in blockchain and integrate them into various end-to-end solutions.
$1.9m in Series A. Argentinian bitcoin startup Ripio, a subsidiary of the BitPagos, raised funds from investors including Huiyin Blockchain Ventura. Ripio representative Juan Mendez told CoinDesk: "BitPagos is a brand that was too linked to merchants and B2B payment processing and we needed a new brand that suits our mission best". The company plans to raise an additional $400,000 in funding over the next 90 days via AngelList, bringing its total funding to $2.3m
Brand-new privacy protocol. Two researchers (from Saarland University in Saarbrücken, Germany and Indiana’s Purdue University) presented a privacy protocol called ValueShuffle. This is the way to mix data from ten or more transactions and at the same time hide the amounts involved in the mixing process. The combination of these two methods, while not requiring any trusted third party, is making ValueShuffle unique.
Uplifting the awareness of the blockchain technology. Bitcoin giant BitFury Group has announced that in collaboration with international law firm Covington, it is launching the Global Blockchain Business Council around the World Economic Forum 2017 Annual Meeting in Davos, Switzerland.The agenda for the launch event boasts a number of statesmen and business leaders, including a delegation of prominent blockchain executives and venture capitalists from China and EU.
Hyperledger Expands into China. Blockchain Group Hyperledger announced a Technical Working Group China, which now is a bridge between the Hyperledger community, new users and contributors in the country. The mission of the group is to develop the Hyperledger project in China, to work with new users, to answer the questions and to help with reported bugs.