Medici Ventures announced Tuesday it was purchasing $2.5 million of equity stake in GrainChain, a nearly six-year-old company which develops software tools to aid farmers and purchasers in the grain industry.
Overstock.com, Inc. (NASDAQ:OSTK) has announced that its blockchain-meets-property rights subsidiary, Medici Land Governance, has signed its second Memorandum of Understanding (MOU) with an African nation to develop a blockchain-based platform to manage land governance and property rights.
This latest MOU has been signed with the Rwanda Land Management and Use Authority (RLMUA) and the Rwanda Information Society Authority (RISA) to implement Medici Land Governance’s technology to move Rwanda to a paperless, secure, corruption-proof, blockchain-based system of land governance.Read More
Nearly five years ago, Overstock .com became the first major retailer to accept bitcoin as a form of payment. It now accepts many top cryptocurrencies.
As a member of the senior executive team and board of directors at Overstock.com, Jonathan Johnson had a front-row seat to those decisions.
Bitsy, a portfolio company of Overstock.com Inc.’s blockchain accelerator Medici Ventures, will launch a beta version of its exchange and wallet service starting Monday.
Pitched as a new app-based platform that creates an easy, secure and user-friendly bridge between bitcoin and the U.S. dollar, Bitsy’s service is focused on giving users direct control over their bitcoin.Read More
Nearly 140 West Virginians living abroad in 29 countries have cast their election ballots in an unprecedented pilot project that involves voting remotely by mobile device, according to state officials.
West Virginia is the first state to run a blockchain-based voting project at such a scale, state officials say. And if adopted more widely, the technology could make it easier to vote and potentially reduce long lines at the polls.Read More
IdentityMind, Digital Identities You Can Trust, today announced that it recently secured three top industry awards: 2018 Oracle Innovation Award finalist, Silicon Review’s “50 Best Companies to Watch 2018” and MEDICI Top 21 – RegTech Awards: Americas Winners.Read More
Medici Ventures has announced a strategic investment in a blockchain company called VinX which plans to create a token-based digital wine futures platform based on the Bordeaux futures model. This will allow for the selling and trading of wine futures on a transparent and secure blockchain.Read More
Men and women serving in the military overseas who are also registered to vote in 24 of the state’s 55 counties will, for the first time, have the chance to vote using a mobile voting application called Voatz on their smartphones or tablets.Read More
Barbados Prime Minister Mia Mottley has stepped in to quell a potential standoff between the fintech (financial technology) company Bitt and some commercial banks by announcing a digital currency pilot project.
Bitt utilizes blockchain and distributed ledger technology to facilitate secure peer-to-peer transactions through mobile money across a range of software and mobile applications.Read More
Crypto-friendly online retailer Overstock.com expects to formally begin selling bitcoin through its website in the first half of 2019, the company has revealed.
Such functionality will be offered through Bitsy, a crypto wallet and portfolio company of Medici Ventures, Overstock’s blockhain-focused subsidiary which currently has investments deployed in 18 separate ventures.Read More
Argentinian startup Ripio is making peer-to-peer microloans available today to all its 200,000 bitcoin wallet users in Argentina, Mexico, and Brazil.Read More
tZERO began in October 2017 to build an alternative trading system (ATS) that is dedicated to crypto security tokens. As of the August 6, 2018, tZERO will become the global crypto infrastructure industry’s de facto leader thanks to the vision of Overstock.com and tZERO in anticipating the need for regulated crypto infrastructure.Read More
Voatz, a startup based in Boston, MA, promises to dispel some of the biggest challenges associated with voting: access, security, transparency and efficiency. The company plans to achieve this goal by combining internet-based voting with blockchain technology.Read More
Jonathan Johnson, president Medici Ventures, gives his take on why blockchain is so important right now, and what it means for the future of business.Read More
Jonathan Johnson, President of Medici Ventures, talks about his introduction to bitcoin and blockchain, Overstock.com's decision to accept cryptocurrency, and how blockchain technology could reshape the financial industryRead More
The Islamic Research and Training Institute, the research arm of the Islamic Development Bank Group, signed an agreement with Ateon to build a Blockchain-based financial product that can potentially be used to support development and financial inclusion in IsDB member countries.Read More
Micro-lending startup Ripio concluded its initial coin offering (ICO) presale, raising $31 million from accredited investors. Ripio is raising the funds to build the Ripio Credit Network, which will utilize an Ethereum token as a medium of exchange between lenders and borrowers.Read More
tZERO has partnered with RenGen LLC and the Argon Group to announce an exclusive joint venture to launch an Alternative Trading System (ATS) that will transform the trading of security tokens issued in Initial Coin Offerings (ICO) in compliance with SEC and FINRA regulationsRead More
Settlemint has launched its whitepaper for the upcoming token sale for DataBroker DAO, which is is a peer-to-peer marketplace created to provide IoT sensor-owners with a path to data monetization, and data consumers with a decentralized marketplace in order to buy IoT sensor data.Read More
Medici Ventures announces the formation of the company's inaugural board of directors. Read the full press release to see the complete list of board members.Read More