With artificial intelligence (AI) seemingly destined to become central to everyday digital applications and services, anchoring AI models on public blockchains potentially helps to “establish a permanent provenance trail,” asserted Michael Heinrich, CEO of 0G Labs. According to Heinrich, such a provenance trail enables “ex-post or real-time monitoring analysis” to detect any tampering, injection of […]
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Tradewind Digital Platform Uses Blockchain to Track Provenance of Gold
n Tradewind Markets launched a new system to track the provenance of its physical gold and other precious metalsn
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Your Thanksgiving Turkeys Provenance Might Be on a Blockchain Seriously
n nn nn Honeysuckle White is giving family and friends gathering for Thanksgiving dinner this year the opportunity to talk turkey with a traceable blockchain code on more than 200,000 turkeys sold through 3,500 retailers around the U.S. The traceable turkeys, a limited supply of which is also available through internet retailer Amazon, offer consumers a high-tech connection to the farm where the centerpiece of the meal began its journey to the table.The blockchain
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Former Genesis Rock Star Peter Gabriel Invests in Blockchain Startup Provenance
Peter Gabriel, the former frontman of progressive rock band Genesis, is entering the cryptocurrency world by backing a British blockchain startup named Provenance. The rock star is the most recent celebrity putting its name behind digital currency-related startups.
Genesis Frontman Peter Gabriel Invests in Supply Chain Blockchain Startup
U.K.-based social enterprise project Provenance is building a traceability system for materials and products using distributed ledger technology in order to make supply chains more transparent. The startup leverages the Ethereum blockchain to track where food sold at retail is from.
In 2017, Provenance was able to raise about 0,000 in a seed round from investors including Humanity United, Merian Ventures’ Alexsis de Raadt-St. James, startup accelerator Plug and Play Tech Center, investment firm Digital Currency Group, among other backers. The startup aimed to use the funds raised to plan the launch of its product. Supply chain solutions have been their focus since being founded in 2013.
The new funding round was backed by Working Capital partner Chemain Saan, who will join the board of the startup. The above-mentioned investors were also backers besides Peter Gabriel, who explained the importance of more transparent supply chains.
“We need to be able to trust the source and distribution chain, particularly when it comes to guaranteeing that things are produced ethically and in an ecologically sound way.”
While the amount of funding into Provenance remains undisclosed, Peter Gabriel is now part of a growing list of celebrity cryptocurrency and blockchain enthusiasts, although his investment approach did not include an initial coin offering (ICO).
Celebrity-endorsed ICOs include Paris Hilton’s promotion of AI blockchain platform called LydianCoin in 2017. World heavyweight champion Floyd Mayweather and Uruguayan footballing legend Luis Suarez endorsed the STOX initial coin offering last year, which raised over million.
Celebrities have become more cautious on their ICO endorsements ever since Mayweather and DJ Khaled came under fire for having promoted an ICO that turned out to be a scam. A startup called Centra Tech raised million from thousands of investors based on false claims regarding its products, such as e-wallets and major credit card backed prepaid debit cards which the U.S. Securities and Exchange Commission (SEC) found to be untrue. Neither Mastercard nor Visa supported their prepaid cards.
The SEC later said that both celebrities involved in the STOX initial coin offering had to disclose any compensation they received to promote the fundraiser. The financial watchdog did not comment on whether it will prosecute them for having aided and abetted the alleged scam.
Featured image from Shutterstock.
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First global art provenance platform ARTEX initiated a crowdsale
October 18, 2017 – ARTEX, the world’s first decentralized provenance platform, announces the start of a token presale campaign. Through the whole crowdsale campaign project team aims to collect a soft cap of ,000,000 and ,000,000 of maximum funding. ARTEX offers reliable and convenient platform for art market with fraud-proof provenance and transactions, copyright protection … Continue reading First global art provenance platform ARTEX initiated a crowdsale
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First global art provenance platform ARTEX initiated a crowdsale
October 18, 2017 – ARTEX, the world’s first decentralized provenance platform, announces the start of a token presale campaign. Through the whole crowdsale campaign project team aims to collect a soft cap of ,000,000 and ,000,000 of maximum funding. ARTEX offers reliable and convenient platform for art market with fraud-proof provenance and transactions, copyright protection … Continue reading First global art provenance platform ARTEX initiated a crowdsale
The post First global art provenance platform ARTEX initiated a crowdsale appeared first on NEWSBTC.