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$2.1 Trillion Fund Management Firm Fidelity Launching Bitcoin Custody in Q1 of 2019

Fidelity Investments, the world’s fifth largest asset managers with $2.5 trillion under management, is launching a Bitcoin custodial product aimed at institutional investors to expand its “Digital Asset” service. Scheduled for a March 2019 launch, the offering comes after...

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Decentralized Databases Could Address Blockchain’s Scalability Issues

Blockchains are slow and bottlenecked by limited scalability. Meanwhile, decentralized databases maintain many of the benefits of a blockchain while potentially addressing scalability. Are these systems a viable alternative? Blockchains have become more and more mainstream in the enterprise...

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Consortium of 11 Indian Banks Launch Blockchain-Linked Funding for Small Businesses

Eleven Indian banks have joined an initiative that may change the way small businesses obtain loans, via blockchain. The blockchain-linked loan system will focus on small and medium enterprises and aims to remove communication barriers between India’s largest banking...

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Washington State Introduces Bill Encouraging Development of Blockchain and DLT

The Washington State Senate introduced a bill that would—through amending existing legislation—encourage the development of distributed ledger and blockchain technology. The bill appears to codify blockchain-enabled digital signatures and licenses and provide the legal recognition necessary to enforce these...

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RealBlocks Aims to Tokenize Real Estate Investing with Ethereum, Raises $3.1 Million Seed Round

RealBlocks, a platform leveraging the Ethereum blockchain to tokenize equity in real estate, closed a $3.1 million seed round. The round was led by Science, Inc., a fund with stakes in digital businesses—such as Dollar Shave Club, and was...

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