• Major Algorand upgrade
    Alt coins,  Innovators

    Algorand announces $50M grant program to boost its blockchain

    Three beneficiaries have already been announced, and other projects will be able to go through an open application process in due course

    A decentralized finance-focused blockchain platform, Algorand has earmarked a total of 250 million ALGO tokens worth $50 million for multi-year grants initiative, designed “to provide funding to projects building apps to support infrastructure, end-user application, and research innovation on its blockchain.”

  • EY Microsort COnsensys baseline
    Technology

    ConsenSys, Microsoft, EY bet businesses will embrace public blockchains

    Strong security and off-chain storage are key ingredients of the Baseline protocol the firms hope will coax enterprise coalitions onto Ethereum

    EY, Microsoft, and ConsenSys believe that given strong security and the right tools, businesses will embrace public blockchains as they look for ways to work together.

  • Kaleido’s co-founders, CEO Steve Cervency and COO Sophia Lopez, at the Ethereal Summit in Tel Aviv, September 15, 2019 (photo by Molly Jane Zuckerman for Modern Consensus).
    Technology

    Zk-SNARKs: What are they and how can they protect your privacy?: A talk with Kaleido

    During this weekend’s Ethereal Summit in Tel Aviv, Modern Consensus grabbed some time with enterprise blockchain solution startup Kaleido’s founders to talk about this awkwardly named technology

    Blockchain solution Kaleido, which is backed by ConsenSys, is working on a way to make privacy more of a reality in the enterprise blockchain sphere. While Kaleido made even the traditional financial news headlines last May for its collaboration with Amazon Web Services, the startup’s recent partnership with privacy tech firm QEDIT for zero-knowledge proofs implementation is a decidedly less-recognized name. Modern Consensus spoke with Kaleido’s co-founders, CEO Steve Cervency and COO Sophia Lopez, on this deep tech topic.

  • This is not really the flag of the European Union (via Pixabay).
    Europe

    EU study: blockchain can help meet data privacy rules

    While big hurdles remain, blockchains can likely be designed to meet and even support GDPR privacy requirements

    A new report by the European Parliamentary Research Service takes issue with the idea that blockchains are incompatible with the EU’s new data privacy laws.

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