BitPesa Partners With Sompo Holding For Digital Remittance Services

The Luxembourg-based BitPesa Company has recently partnered with Tokyo-based insurance company Sompo Holdings in an effort by the latter to promote digitization of its international remittances service.

Sompo decided to partner with BitPesa primarily to expand their customer base in developing countries as well as to contribute to security, safety and health.

With this partnership Sompo will enter BitPesa’s capital as a shareholder and help the blockchain remittance service to navigate through the financial sector more effectively.

The Japanese firm will also participate in testing in new technologies related to remittances and settlements.

BitPesa on the other hand will consider developing blockchain applications related to the insurance sector.

BitPesa now has two Japanese partners to expand its international remittance service using cryptocurrencies, the first one being its partnership with SBI which targets cross-border payments from businesses.

This cements their position as the leading alternative platform for cross-border and international remittance service between Africa and Japan.

$36.5 Million Worth Of Real Estate In Manhattan To Be Tokenized And Sold

Fluidity, a blockchain startup and Propellr, a broker-dealer company have partnered together to create a tokenized real estate investment opportunity.

Both will offer tokens that will represent the number of shares in a multimillion-dollar block of condos located in Manhattan, New York.

By tokenizing its sale it enables its investors to buy as much or as little as they want.

The co-founder of Fluidity, Michael Oved believes blockchain and smart contract technology will revolutionize how investing in real estate is conducted.

Using the emerging technology the industry can do away with inefficiencies that is associated with having too many bankers and lawyers acting as intermediaries.

The central idea behind the partnership is enabling investors to buy a portion of the $36.5 million block of Condo.

Rather than selling each of the 12 luxury apartments individually, they will be sold through its tokenized sale and will be issued on a blockchain for greater transparency, security and efficiency.

This will also enable investors with smaller capital to be able to partake in such investments.

Circle Launches New Rewards Program

In its bid to attract more users into its Circle Invest platform, Circle has recently announced the launch of a new rewards program that would ran through the end of the year.

The rewards given to new Circle Invest Customers will be distributed using one of the supported crypto assets within the platform.

These assets include Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, Zcash, Monero, Stellar, 0x, Qtum, EOS and BAT.

This latest move by Circle follows the latest trends in the crypto community of conducting airdrops and giveaways to encourage new users to sign-up for their services.

Circle is just one of the more popular crypto-based companies that have initiated this kind of strategy.

BTC.com and eToro has been offering free cryptocurrencies to new customers.

Blockchian, wallet provider and Stellar Foundation have partnered together to bring what it describes the biggest airdrop in history, estimated to be around $125Million.

Airdrop is a word coined by the cryptocurrency community to describe the free distribution of digital assets.

Circle Invest is a Digital investment application that was release back in March 2018.

Its main purpose is to provide customers an easy way to start trading cryptocurrencies.

The application has already seen several updates of the applications and to provide additional features to enhance the trading experience of its customers.

Ethereum Marketplace In Amazon Web Services

Kaleido has launched an Ethereum marketplace of plug-and-play services to help accelerate blockchain development of projects.

The company is a subsidiary of ConsenSys whose CEO is the Co-founder of Ethereum.

It has been revealed that the company will be working with Amazon Web Services to provide the blockchain platform.

It has been reported that the Kaleido Marketplace will help eliminate 80 percent of the custom code required to build a blockchain project, saving the customers time and energy to focus on the other aspects of a blockchain initiative.

The full-stack platform includes plug-and-play tools from kaleido, Amazon Web Services and other third-party developers.

Kaliedo co-founder and CEO, Steve Cerveny explains that the distributed ledger technology represents a small portion of an enterprise blockchain project adding that there are a lot of other components that has to be integrated into the project before it goes into production.

The Kaleido Marketplace seeks to simplify this process by offering a one stop ship for all things for enterprise blockchain.

Cryptocurrencies Now Accepted In Film Publishing Rights Firm

Fintage House, a Dutch rights management company has recently partnered with TaTaTu, a blockchain-based social entertainment platform to start accepting cryptocurrencies.

The partnership enables Fintage House to accept the platforms native token TTU for film and TV rights.

TaTaTu tokens were originally designed to let users pay for video content for the compensation of content creators and adviertising.

According to Niels Teves, co-CEO of Fintage House, his company will soon start to draft the first agreements where accounting and payments will be done using the TTU tokens using appropriate platforms the tokens can be exchanged in fiat currency.

Tatatu is one of the largest ICO held in 2018.

It was able to raise around $575 million last summer attracting several high net-worth investors, most notable of all is rum heiress lady Monika Bacardi who invested $100 million into the project and affirms her bullish stance on blockchain technology and cryptocurrencies.

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