Tag: Blockchain 2023

Artela fetches $6m in a bid to supercharge blockchain scalability

Artela, a start-up focused on enhancing blockchain's scalability, announced that it has successfully raised a $6m seed funding round.

Layer-1 blockchain firm Shardeum nets $5.4m in strategic funding

Shardeum, a "highly-scalable EVM-based layer-1 blockchain deploying dynamic state sharding," has successfully closed a $5.4m strategic investment round. This funding round comes as a testament to the potential of Shardeum, even amidst a bearish market scenario.

Smarter Contracts seals $1m in backing for its blockchain consent platform

Smarter Contracts, the pioneering marketing and privacy technology firm, has successfully raised $1.095m in a funding round.

Velo Labs secures $10m to bolster its “Web3+” FinTech ecosystem

Velo Labs, a financial technology firm utilising blockchain technology to establish a compliance-first financial system, has secured $10m in its latest financing round.

Blockchain protocol firm Connext raises $7.5m, reaches $250m valuation

Blockchain protocol firm, Connext Labs, known for its pioneering work in Web3 interoperability, has successfully raised $7.5m in a strategic funding round. This brings the company's overall valuation to a whopping $250m, reinforcing its position in the FinTech industry.

Can blockchain and GDPR harmoniously coexist?

Navigating the intricate relationship between blockchain technologies and data protection regulations, especially the General Data Protection Regulation (GDPR), has proven challenging. OMNIA has explored how blockchain and GDPR can work together. 

AntChain and Intel unveil privacy-preserving platform for AI

AntChain has teamed with Intel to develop a privacy-preserving computing platform designed for machine learning applications.

WaveBL fuels global digital trade expansion with $26m

Israel-based WaveBL, a pre-eminent provider of electronic Bills, has successfully clinched $26m in a recent funding round, cementing its standing as a global frontrunner in the digital trade document industry.

JPMorgan, Indian banks team on blockchain-powered settlement system

JPMorgan has teamed with Indian banks to test the potential of blockchain technology to provide 24/7 settlement services for Indian FIs. 

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