SpaceChain Joins Enterprise Ethereum Alliance

SpaceChain, which aims to enable a next-generation infrastructure for blockchain industry, announced that it has joined the Enterprise Ethereum Alliance
28 February 2018   881

The Enterprise Ethereum Alliance connects 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts, in order to learn from and build upon the smart contract supporting blockchain running in real-world production – Ethereum – to define enterprise-grade software capable of handling complex applications at the speed of business.

SpaceChain, a space exploration initiative based on human consensus, is striving to seek the consensus which can effectively encourage human beings to spontaneously engage in outer space activities. 

On February 27, SpaceChain announced that it has joined the Enterprise Ethereum Alliance. 

We are very excited to become a member of Enterprise Ethereum Alliance. SpaceChain is building an open-source operation system that will enable developers to make applications by applying smart contract and blockchain sandbox designed by our CTO Jeff Garzik. We look forward to connecting with all the EEA members and discussing opportunities for collaboration.

Zee Zheng

Co-founder, SpaceChain

Moreover, it was reported that SpaceChain would be meeting with Ron Resnick, Executive Director of Ethernet Enterprise Alliance, to discuss the details of their cooperation.

At the moment of press, these are main market parameters of SpaceChain:

Average price: $0,185075
24h volume: $255 581

Fidelity Investments to Launch BTC & ETH Platform

New platform is designed for institutional investors
16 October 2018   204

One of the world's largest asset managers, Fidelity Investments, announced the launch of a unit focused on providing institutional investors with Bitcoin and Ethereum services. The Forbes reports.

The new division received the name Fidelity Digital Assets and, possessing a staff of 100 employees, will provide a platform for trading cryptocurrencies and consulting services 24/7.

The platform already has first customers, but its launch for a wider range of investors is scheduled for the beginning of 2019.

This is a recognition that there is institutional demand for these assets as a class. Family offices, hedge funds, other sophisticated investors are starting to think seriously about this space.

Tom Jessop

Founding head, Fidelity Digital Assets

In particular, Fidelity Digital Assets will offer a transaction service that, using internal cross-connect and order routers, will trade through third-party liquidity providers.

One of the most popular offers by the company can also be a service for storing Bitcoin and other cryptocurrencies. It is physical storage, distributed in different geographical locations and offering the so-called "cold" storage of digital assets. This way of storing cryptocurrencies without access to the Internet and with a multi-level control system is considered to be one of the safest and most resistant to hacking today.

As the CEO of Fidelity Investments, Abigail Johnson, said, the goal of the new platform is to make digital assets like Bitcoin more accessible to investors.

Fidelity Investments is considered the fifth largest asset manager in the world, offering investment and custody services to 13,000 consulting firms and brokers. In total, the company manages assets worth $ 7.2 trillion.