Startup

Global tech giant Microsoft is going to contribute to the development of a Russian corporate blockchain. The company’s representative office in the country signed a memorandum with a blockchain startup to enhance the technology development in the country.

As innovative technologies like blockchain and cryptocurrency gain popularity, they draw the attention of global celebrities from various fields. Now, a rapper Jay Z and a movie star Will Smith invested in a startup aimed at helping Ethereum developers.

Dubbed Crypto Nation for its friendly stance for innovations including blockchain and cryptocurrency, Switzerland confirmed the name once more. A new legal package passed by the Swiss Federal Council is going to remove all existing legal barriers for startups.

JCB, a global credit card network company in Japan, announced on May 15 that it is building a blockchain-based transaction system in cooperation with a Japanese venture capital and blockchain startup.

The co-founder of a Blockchain startup confirmed he tested positive for the coronavirus after attending the ETHLondon conference. Mr. Zhen Yu Yong asked people who had contact with him during the conference to take the required precautions and seek medical attention.

Juventus Football Team will introduce digital collectible cards that will be sold through a blockchain platform. Fans will be able to collect and trade tokens for relevant club players, such as Cristiano Ronaldo.

The giant Spanish Football club recently revealed it is building its own cryptocurrency to be used by fans to access club goodies. In a recent press release FC Barcelona team captain Lionel Messi featured alongside the CEO of the startup who developed the cryptocurrency to launch the project.

A good number of technology companies globally are steadily venturing into futuristic technologies including blockchain, Bitcoin and other cryptocurrencies, and this is one way of them developing a top notch internet of value as well as shaping the world they want to operate in.

It is important to see how the blockchain is used and what features are mainly exploited by startups that work in the field to understand what prospects open thanks to the work of technology companies.