Blockchained Mobility Hackathon to arrive in Munich

Europe's biggest contributors to the mobility ecosystem are going to convene on July 20-22 at Blockchained Mobility Hackathon event
25 May 2018   715

Brightest independent developer teams will gather for 2 and a half days at Wayra Deutschland for blockchain mobility hacking. The Blockchained Mobility Hackathon taking place on July 20-22 will display how blockchain tech can be applied to build sustainable mobility ecosystem.

The structural concept of the event is comprised of:

  • products and services development using blockchain tech;
  • experience with IOTA ledger system for M2M transactions;
  • dApps development with smart contracts on the Ethereum blockchain;
  • keynote speeches by speakers representing the mobility and distributed ledger industry

As for the task threads of the hackathon itself, they are as follows;

  • integrated mobility chains;
  • last-mile personal transport;
  • autonomous commercial vehicle applications;
  • AI and adaptive pricing for Mobility-as-a-Service
  • Smart City management and mobility applications;
  • decentralized maintenance for autonomous mobility

The schedule for Day 1 is as follows:

18:00 – 19:00 Reception and networking
19:00 21:30 Keynote presentations:
  Joerg Blumtritt, Datarella
  Dominic Schiener, IOTA
  Jamie Burke, Outlier Ventures

To learn more about the event including the complete agenda, you can visit the official page here.

SEC to Slap ICO Founder With $30K Fine

Additionally, David Laurance, founder of Tomahawk Exploration LLC got 2 lifetime bans
15 August 2018   119

The US Securities and Exchange Commission (SEC) on Tuesday reported that it has issued two new bans directed against David Laurence, the founder of Tomahawk Exploration LLC. Tomahawk allegedly stands behind fraudulent ICO, writes CoinDesk.

Laurence, according to the SEC, raised funds through the sale of Tomahawkcoin tokens, in the process of using misleading advertising materials and fraudulent statements that it is a tenant of drilling sites.

Moreover, the sale of Tomahawkcoin tokens, according to the SEC, was accompanied by a false promise that "the holders of tokens will be able to exchange Tomahawkcoin for shares and receive a potential profit from oil production and secondary tokens trading."

According to the SEC, Lawrence neither acknowledged nor denied the charges, but he and his company agreed to these bans, as well as a fine of $ 30,000.

...Tomahawk issued tokens as part of the Bounty Program to generate interest in the ICO, which benefited Tomahawk. Distribution of tokens that are securities in exchange for promotional services to advance the issuer's economic objectives or create a public market for the securities constitute sales for purposes of Section 5 of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder.
 

SEC

The first prohibition of the SEC is a ban on the director's work in public companies, and the second does not allow Lawrence to own and trade in so-called "penny" shares. Both prohibitions, according to the announcement of the SEC, are lifelong.