Auto Giants Consortium MOBI Reveals First Blockchain-based EVGI Standard

The Mobility Open Blockchain Initiative (MOBI)—a consortium backed by Honda, General Motors Company and IBM amongst others—has launched a blockchain-based standard for Electric Vehicle Grid Integration (EVGI). The Need For a Standard In The Electric Vehicle Industry With the rapid transformation of mother earth owing to climate change implications, several companies following government regulations have … Continue reading Auto Giants Consortium MOBI Reveals First Blockchain-based EVGI Standard

Polkadot Auction Winner Astar Network Secures $22M in Venture Capital Funding

Astar Network, a Polkadot parachain auction winner has secured the sum of $22 million from venture capital as well as angel investors.  As unveiled by the blockchain protocol, the fundraise drew participation from Polychain, Alameda Research, Alchemy Ventures, Animal Ventures, Crypto.com Capital, Digital Finance Group, GSR, ROK Capital, Scytale Ventures, Vessel, Injective Protocol, and angel … Continue reading Polkadot Auction Winner Astar Network Secures $22M in Venture Capital Funding

Ethereum Layer-2 Protocol Boba Network Values at $1.5B following $45m Funding

Boba Network, an Ethereum-based Layer-2 protocol Optimistic Rollup scaling solution, has successfully completed its Series A funding round in which it pulled as much as $45 million from investors covering every aspect of the Web3.0 world.  The Series A funding brings the platform’s valuation to $1.5 billion and the capital is projected to be used … Continue reading Ethereum Layer-2 Protocol Boba Network Values at $1.5B following $45m Funding

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