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Blockchain Firm Raises $6 Million from Energy Companies Who Want to Be Using Blockchain

Blockchain companies are increasingly being wooed by traditional companies, as the benefits of blockchain technology become increasingly evident. Now, reports are emerging that the American blockchain startup Data Gumbo Corp. has raised $6 million from energy companies – as these seem set to become energy companies using blockchain. Data Gumbo has been funded by Saudi Aramco and Equinor Specifically, this news came from the energy news outlet World Oil, and…

Amazon Announces General Availability of Amazon Managed Blockchain, Making It ”Easy and Cost-Effective” to Deploy Blockchain Networks

Amazon has recently announced it is now entering the blockchain technology fray, joining a growing group of blockchain-embracing software giants which already include Microsoft and Oracle. Specifically, Amazon Web Services (AWS) is making the Amazon Managed Blockchain (AMB) available to the public. Amazon Web Services releases Amazon Managed Blockchain This news came in an announcement from Amazon Web Services on April 30th. Notably, Amazon Web Services is Amazon’s cloud computing…

A ”Blockchain City” With Support From The Chinese Government Is Being Created in Malaysia

The Chinese government has famously had a complicated relationship to blockchain technology. Although the Chinese government has previously adopted blockchain technology to some extent as a means to curb corruption as well as improve traceability and liability, it has also come out strong against cryptocurrencies. Now, however, it would seem that the Chinese government is hedging its bets in regards to blockchain technology. Specifically, a recent report is now alleging…

Samsung is Developing Ethereum-Based ”Samsung Coin”, Currently Building New Blockchain Mainnet

The South Korean consumer electronics behemoth Samsung recently caused headlines all over the world when it equipped its latest flagship mainstream smartphone, the Samsung Galaxy S10, with support for cryptocurrency-related features. However, it would seem that Samsung has got more cryptocurrency plans in the pipeline. Specifically, a fresh report is now suggesting that the Korean electronics giant may be about to delve even deeper into the cryptocurrency sector. Samsung is…