World’s Largest Fintech Hub Partners with IOTA

IOTA Foundation and LATTICE80 open innovation laboratory in Singapore
28 November 2017   503

Germany-based IOTA Foundation and LATTICE80, the world’s largest fintech hub with headquarters in Singapore plan to open an innovation lab with the Germany-based IOTA Foundation.

The companies have signed a memorandum of understanding in November to consolidate their mutual commitments.

The goal of the innovation lab will be to explore mutual interests between ecosystems and run joint initiatives on blockchain technology, cryptocurrency and IOT.  The IOTA Foundation and LATTICE80 will run independent and joint activities to study these technologies to the community through meetups, demo days, IOTA Lab sessions, and more.

IOTA is a global leader, advocate, and evangelist of these new technologies. We are happy to partner with IOTA to develop joint venture projects under a new innovation lab, and look forward to partnering with even more fintech startups as we grow internationally.

 

Joe Seunghyun Cho

Founding CEO, LATTICE80

IOTA has already designed their Blockchain technology, called IOTA Tangle, which is considered to be an innovative type of DLT specifically for the IoT environment. It is an open-source protocol facilitating Machine-to-Machine interactions, including secure data transfer, fee-less real-time micro-payments, and the collection and dissemination of sensor-based and other types of ‘oracle’ and other data.

Recently, one of the largest cryptoexchanges in South Korea, Coinone, made an announcement stating that it will add support for IOTA on November 28 of 2017 and build a partnership with IOTA foundation.

Play2live announced the release of its MVP and a token sale

Blockchain-based streaming platform for gamers release a full-fledged esports streaming service
21 February 2018   18

On February 21 the first blockchain-based streaming platform for gamers, Play2live, opened its LevelUp Coin (LUC) token sale event with a deadline on March 14 at 17:00 UTC along with the rolling out of its MVP. The platform is based on BitShares 2.0, already successfully passed a heavy testing stage with with live matches and streams.

The service is already capable of accepting around 200,000 viewers. A special tournament for CS:GO - CryptoMasters with the world's first prize pool entirely comprised of the virtual currency ($100,000 worth of LUC) is also announced under the banner of Play2live. The event is set to take place in Minsk, Belarus on February 24-25. The broadcast will be arranged in 7 languages - English, Russian, Chinese, Korean, Spanish, Portuguese, and German.

The service also features a voting system during matches using the same LUC. This token acts as an internal currency that can be easily converted to another cryptocurrency or a fiat currency by means of the Play2live's API.

The company itself was established in 2017. Its purpose is to merge blockchain technology and streaming service to provide all the participants of the streaming process a seamless platform for prioritizes interaction and encourages the diversity of monetization schemes. It is reported that Play2live will have up to 15 sources of revenue.

On February 21 at 17:00 UTC CEO of Play2live opened the token sale with a Q&A stream session with topics concerning the update of P2l, product and sale related matters.