Old but Gold background news

1) æternity Launch Blockchain Incubator and Investment Network

The blockchain platform æternity announced on Tuesday the launch of  æternity Starfleet, a series of incubator and accelerator programs to support the global blockchain industry by building a network of innovators, investors, and industry enthusiasts.

According to the announcement, æternity Starfleet will support global startups and provide them with up to USD 250,000 in funding and access to a co-working space. The first wave of incubators will commence on June 11 with four weeks of intensive training and mentoring. At the end of every program, each team will be given the opportunity to present their project to an audience of investors, thought leaders, and blockchain experts.

2) CheapAir Now Accepts Litecoin, Bitcoin Cash and Dash
California-based online travel agency CheapAir announced today that it is now accepting Litecoin, Bitcoin Cash, and Dash as payment for flight and hoteCheapAir stated that it is the only online travel agency to accept such currencies, cementing its reputation as a leading merchant for digital currencies (the company has accepted Bitcoin since 2013).

CheapAir stated that its move to broaden its digital currency acceptance comes in response to customer demand. A number of new cryptocurrencies have been developed to avoid or improve upon some of the shortcomings or challenges that have emerged with Bitcoin, as the network has become stressed with higher transaction volumes, the company stated. In different ways, Litecoin, Bitcoin Cash, and Dash all promise improved transaction potential over their predecessor, being either faster or with lower fees attached, the company stated.

3) Envion Legal Battle Is Latest Swiss Crypto Bust Up

Accusations of fraud and the first ever “analog ICO hack” at German blockchain startup Envion have led its founders to start legal proceedings against the CEO and his company, according to a statement on Friday. However, the developments threaten to cast a bigger shadow over Switzerland’s crypto scene, where the project was launched due to more favorable regulatory conditions.

This represents the latest legal dispute to take place over a Swiss cryptocurrency operation, following the troubles at Tezos — with the founders accusing the head of the non-profit foundation managing the funds of doing so for personal gain — garnering international attention earlier this year.

With regard to Envion, which produces cryptocurrency mining containers powered by renewable energy, the founding team led by Michael Luckow has taken legal action against the shareholders of Envion and CEO Matthias Woestmann, according to a statement. Luckow and his team claim that Woestmann unlawfully secured the majority stake in Envion in breach of contractual obligations, leaving the company paralyzed, due to lack of communication for many months.

4) Medicalchain Launches MyClinic.com Telemedicine Platform

UK healthcare blockchain company Medicalchain has launched MyClinic.com, a cross-border telemedicine platform that will enable patients to complete video consultations with doctors, and pay using MedTokens (/MTN).

We are excited to share the first application, powered by Medicalchain,” said Dr. Abdullah Albeyatti, Co-Founder and CEO, Medicalchain in the statement. “MyClinic.com will be piloted with patients registered at The Groves Medical Practice and The Groves’ General Practitioners, from July 2018, and will be launched to the general public later this year.”

“We are working together with patients, health professionals and technology specialists to ensure that MyClinic.com will seamlessly integrate into current healthcare services, and provide patients with a better experience of healthcare,” added Mo Tayeb, Co-Founder and COO, Medicalchain.


5) Malta Picks Omnitude to Drive Blockchain Into Public Transport

Malta’s government is pushing ahead with another blockchain initiative: a partnership with middleware platform firm Omnitude will see the technology employed in the country’s public transport system.

According to a press release on Thursday from Malta’s Ministry for Transport, Infrastructure and Capital Projects, Minister Ian Borg stated: “Blockchain technology is a key part of our overall national technology strategy that will see us transform different sectors across government.”

This is the latest in a string of blockchain related happenings in Malta, as the country positions itself in this sector, recently announcing proactive efforts to develop a legislative framework for Distributed Ledger Technology , as part of its national blockchain strategy.


Republished with permission from the wonderful guys at www.the-blockchain.com