Recapping the week’s biggest Bitcoins stories from around the web.
Microsoft and Consensys join forces for implementing Ethereum on Azure. As Ian Allison of International Business Timeswrites, Microsoft has signed a deal with Ethereum New York-based collective Consensys for the development of new Ethereum blockchain as an enterprise solution. The partnership aims to facilitate business customers everywhere to set up private blockchain networks as well as public Ethereum nodes via Microsoft’s Azure cloud platform. The new service will be officially launched on November 10th at the DΞVCON1 Conference that will be held in London.
Nasdaq reveals Linqblockchain platform. As Laura Shin of Forbes reports, following the initial announced in May, Nasdaq presented Linq, its new blockchain-based platform at the Money 20/20 event that was held in Las Vegas on October 27th. The platform is set up to facilitate management, transfer and sale of shares of private companies. Linq’s first clients are Chain.com, Change Tip, PeerNova, Synack, Tango and Vera, and the list is expected to grow further. Robert Greifeld, Nasdaq CEO, stated that “the initial demand for Nasdaq Linq from these innovative, first-mover companies, and the validation it represents of our application of blockchain technology is extremely encouraging.”
The Digital Currency Group (DCG) achieves major fundraising. As Jacob Donnelly of Bitcoin Magazine writes, Barry Silbert’sdiverse portfolio of seed investment in the cryptocurrency space with BitPay, Coinbase, itBit, and Xapo has raised more than 70% of the invested venture capital. Silbert announced at Money 20/20 event that the list of companies that participated in the fund raising includes Bain Capital Ventures, Canadian Imperial Bank of Commerce (CIBC), CME Ventures, FirstMark Capital, MasterCard, New York Life, and others.
IBM seeks to integrate Weather Channel with blockchain technology. As Jp Buntinx of Bitcoinist writes, IBM has acquired the digital assets
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