Companies

Since last year, we have seen a lot of sports companies including Juventus, the Miami Dolphins, Gibraltar’s semi-professional team, and others, jump onto the bandwagon of Blockchain and cryptocurrency.

A new project for solid waste collection management was recently launched in Italy. The blockchain-based initiative was implemented by Partitalia, a company that develops innovation based on artificial intelligence (AI), blockchain and wearable to simplify and improve people's lives.

Electronic giant LG plans to expand its presence in the blockchain space. The company recently applied to register a new brand name to handle its activities. The new subsidiary will be charged with handling e-wallet for cryptocurrencies. Furthermore, the company’s IT subsidiary recently announced plans for adding food distribution services to its Monachain blockchain.

Another Ponzi scheme, dubbed Bitcoin Wallet, left investors with nothing, according to the Ladysmith Gazette. The investment scheme was one of the most lucrative projects in South Africa that saw many potential people, investors and companies willingly put their money in it, with the hope of acquiring abnormal returns in the shortest time possible.

Finding a trusted company that runs cryptocurrency mining and its further implementation for investors who wish to make a profit on the cryptocurrency market can be a hard riddle to solve. Investors must search through dozens of websites to find a good tariff plans, deposit options, cryptocurrency exchange and to be sure that platform has a good security protection.

The South Korean multinational conglomerate based in the capital Seoul, Samsung, will invest in sixth-generation (6G) networks on top of other semiconductors, and this could play a role in changing the face of blockchain technology, according to the company’s Vice Chairman Jay Y. Lee.

The Research Center on Technologies, Innovation and Financial Services (CeTIF) - Catholic University and Reply, together with a group of giant financial banking institutions including Banca Mediolanum, Popolare di Sondrio and Ubi, as well as the popular Italian insurance companies such as Mediolanum Assicurazioni, Cargeas Assicurazioni, Nobis Filo Diretto and Reale Mutua, have finally decided to work together on a solution for the issuance of smart insurance policies based on blockchain and smart contract technologies.

Imagine a company with no board members, CEO or CFO’s. A company that’s run by an automated network, gathering ideas and proposals of all its employees, stakeholders, and community members. A company that gives everyone a say in its future direction, and that actively promotes the collaboration of the commons. Science fiction or science fact? Well, let’s take a look at what NavCoin 's community has created!

Recently, we brought you the news about Facebook launching its own cryptocurrency, allegedly called Libra, by next year – others call it GlobalCoin. The news attracted the attention of some big names in the finance industry to come and support this disruptive initiative. Some of the giant companies willing and able to invest in the project include PayPal, Uber, Visa and MasterCard, and many other forward-thinking individuals are also interested. The official announcement from Facebook is expected soon. Facebook is expected to launch a whitepaper for its coin on June 18.