ESG oriented blockchain wants on-chain ‘nutrition labels’ for every commodity...
Representatives from the Watr Foundation said that they seek to bring ESG transparency to commodities industry. The Watr Foundation, in partnership with blockchain platform Algorand, recently launched a project to provide ESG scoring for different commodities with a special focus on climate change. While the project has a clear environmental focus, the platform will also include labeling for everything from how a company treats its workers to the number of people participating in an asset's ecosystem by gender. Watr Foundation council president Maryam Ayati said in a statement:“We believe....
Related News
Timothy Massad, chairman of the US Commodity Futures Trading Commission, a lesser-known agency whose responsibilities often overlap with the Securities and Exchange Commission, yesterday gave a very long testimonial update to the Senate Committee on Agriculture, Nutrition & Forestry which covered everything from "interaffiliate transactions" to virtual currency to local utility companies and their rights in energy swap markets. In regard to cryptocurrencies, the Chairman noted that since such currencies are traded as commodities and in the same fashion as other futures, the 1936 Commodity....
Timothy Massad, Chairman of the Commodity Futures Trading Commission, testified before the U. S. Senate Committee on Agriculture, Nutrition & Forestry yesterday, and much to everyones surprise addressed the topic of bitcoin derivative regulation - something that has (to date) been largely ignored by policymakers and cryptocurrency enthusiasts alike. Here are a few choice selections from the testimony (if you want to read the full testimony, you can do so here): We also continue to respond to market developments such as new products. Virtual currencies, such as bitcoin, are an example.....
The chairman of the US derivatives regulator has told a senate committee that digital currency derivatives fall within his agency's remit. Timothy Massad, who chairs the Commodity Futures Trading Commission (CFTC), testified before the US Senate Committee on Agriculture, Nutrition and Forestry yesterday, noting that while his agency does not have specific rules governing digital currencies, it would oversee futures and swaps in any commodity. This includes digital currencies, he said. He added: "While the CFTC does not have policies and procedures specific to virtual currencies like....
Visa is working on a blockchain-based solution for cross-border, business-to-business exchange called Visa B2B Connect. Cross-border payments between businesses is a complex market that is fraught with problems but is lucrative nonetheless, a potential that Visa seems eager to tap into. Visa Unveils its Collaborative Project. Visa, in collaboration with tech start-up, Chain Inc., unveiled the project on October 21, 2016. Chain, a startup that Visa happens to be an investor in, has also worked with Google, Salesforce, Microsoft, Square, and among others in the past. Visa B2B Connect seems....
Gymnut, the first peer-to-peer app connecting people and trainers, is now accepting bitcoin for its in-app store. Gymcoins, the prepaid store tokens, will allow users to pay for specialized workouts and more through the app. Gymnut's founders are scientists pursuing their PhDs who realized that the best way to counter the rise of chronic disease was through focus on proactive health and tangibles like exercise, nutrition and lifestyle combined with technology that allows connection for personal training. The underlying principles of personal training encompass goal-setting, motivation,....