Startup

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.

A large number of Ugandan nationals were left crying helplessly after being promised well-paying jobs at a fake cryptocurrency company which abruptly went into rigor mortis with citizens losing over 10 billion Ugandan Shillings (UGX) (approx. $2,715,100).

Adoption in digital currencies, especially Bitcoin (BTC), appears to be growing at a high rate in the Hong Kong SAR. Last week, a Bitcoin startup firm LocalBitcoins saw its peak trading volume ever in the special administrative region Hong Kong.

The creator of China’s first Bitcoin (BTC) and cryptocurrency exchange Bobby Lee, has once more entered the lucrative blockchain and digital currency market with a fresh startup called Ballet, which develops bitcoin wallets.