Corporate blockchain solutions provider Waves Enterprises has partnered with Chinese decentralized ledger technology (DLT) startup Conflux Network to boost hybrid data transactions in permissioned networks. The collaboration, announced on Thursday, will see Waves Enterprise using its anchoring technology to allow companies to facilitate data transfer across private and public blockchains. Anchoring is a hybrid data storage method that places hashes of private data into public blockchains, thus ensuring its validity without revealing the input information itself. The announcement also noted that such a system allows public chain consensus validation for private company data without sacrificing business confidentiality. Commenting on the …
Waves Enterprise, a major technology company specializing in blockchain-based solutions for businesses and governments, has inked a new partner to streamline its e-voting service. According to a Dec. 16 announcement, Waves Enterprise has signed a memorandum of understanding with blockchain platform Ontology to integrate decentralized identification tools into the Waves Enterprise e-voting system. As part of the partnership, Waves Enterprise and Ontology aim to solve one of the biggest challenges of digital voting — user authentication and identification. The companies specifically plan to apply Ontology’s new decentralized identity solution known as ONT ID. Artem Kalikhov, chief product officer at Waves …
Proof-of-stake blockchain NEM (XEM) is preparing for a token migration in December alongside the public launch of the Symbol (XYM) blockchain. Speaking to Cointelegraph, NEM Group CIO and NEM Ventures managing director, Dave Hodgson, revealed that Symbol will host at least two products at launch. Symbol will host the Wave Financial Whiskey Fund, which offers a tokenized representation of ownership in 25,000 barrels of 2020-vintage bourbon worth more than $4 million. The platform will also host LBCOIN, collectible crypto assets that commemorate Lithuania’s 1918 declaration of independence issued by the country’s central bank. Both products were previously hosted on NEM. …
Open-source blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. It will also operate as a data oracle, feeding data from the outside world to the blockchain. Sasha Ivanov, founder of Waves platform and Waves Enterprise, announced the new project on Dec. 11 at the Waves Meetup in Berlin. Trying to decide the problem of blockchain interoperability Gravity Hub is essentially a blockchain that doesn’t have any tokens, but that can communicate with other blockchains, such as Waves platform, Waves Enterprise or Ethereum. Sasha Ivanov explained the importance of the blockchain agnostic protocol in an …
Major Spanish banking group BBVA and Spanish energy company Repsol have signed an agreement to develop blockchain-based solutions for corporate banking, according to an announcement published June 20. The product by BBVA and Repsol was developed using multiple different blockchain technologies, namely Hyperledger and the Ethereum test network. Nuria Ávalos, the head of Blockchain and Digital Experimentation at Repsol, commented on the collaboration: “Repsol wants to actively take part in collaborative environments. Blockchain is a disruptive technology that is here to stay and the agreement with BBVA advances our strategy of driving digitization in all areas of our activity.” The …