Hyundai’s Token Company Partners With CasperLabs to Build a PoS Blockchain

HDAC Technology, a blockchain company backed by automaker Hyundai, announced a partnership with blockchain startup CasperLabs to build and integrate a customized Proof-of-Stake (PoS) consensus protocol. The companies signed a memorandum of understanding (MOU) on June 28, a small initial step toward further cooperation. HDAC, issuer of the Hyundai-DAC token, is reportedly looking to switch from its […]

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Huobi to Target Decentralized Finance With New Public Blockchain

Huobi Group is building a public blockchain specifically designed for use cases within decentralized finance (DeFi). In a press release Tuesday, the blockchain services firm and cryptocurrency exchange operator, said the planned offering – for now dubbed Huobi Finance Chain – will allow financial institutions, businesses and exchanges to launch their own blockchains, tokenized assets and DeFi […]

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