Companies

The IT Electronics giant, a South Korean multinational electronics company, LG has launched its enterprise blockchain platform that according to developers can be put into various numbers of practical use in different sectors like manufacturing and finance.

The blockchain company Paymon finished the second round of ICO on the 3rd of May. As it was mentioned in this article, the new technology is one of the strongest reasons to invest and believe in the company. What exactly is the innovation of the Paymon blockchain called Hive? Why is it more pioneering than technologies of Bitcoin, Ethereum and IOTA? Here is a detailed comparative description of Hive and its processors.

All too recently, the idea of having a completely sustainable and clean food supply supported organically has seemed close to impossible. However, a new company, NagriTech, has developed a product that could make organic farming more attainable. Chemical fertilizers are widely used because they are less expensive, but that does not mean they are superior for the continuation of a healthy population and food cycle.

Despite the national enthusiasm for cryptocurrency, the government acknowledgement of its need, and many a luminary emerging from the country, the Reserve Bank of India (RBI) continues to push for banks not to deal with any entity dealing in cryptocurrency.

For the first time, the US-based technology company Nvidia has disclosed that it gained $289 million from the sale of company’s products, namely chips, to representatives of the cryptocurrency market in its first quarter. It also predicts much smaller revenue in the next quarter.

The district court of Oslo has ruled in favor of the country’s financial market giant Nordea Bank. Given the possible emergence of issues concerning money laundering and other illegal businesses, the bank has a legitimate right to close the account of the cryptocurrency exchange Bitmynt AS.

Facebook revised the roles of its product executives on Tuesday which resulted in a new division that was weird in nature. Luckily enough for Facebook's staff, no firings were announced.

Stock Exchange of Thailand (SET), the national stock exchange of Thailand that had 688 listed companies at the end of 2017, launched a crowdfunding marketplace which is made on blockchain technology in order to broaden the access to capital funds of new domestic companies.

Famous instant messaging service Telegram has decided to change its plans for launching a public ICO to fund the development of its “third-generation blockchain”. The move comes after the company gained $1.7 billion, as the Wall Street Journal (WSJ) reported on May 2.