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Former JPMorgan Digital Asset Chief Secures $3 Million for Blockchain Real Estate Venture
According to Fortune, the former head of JPMorgan's digital asset division has successfully raised $3 million to revolutionize the real estate sector using blockchain technology. This initiative aims to leverage blockchain's transparency and efficiency to streamline real estate transactions. The funding marks a significant step in integrating blockchain into traditional industries, showcasing its potential to transform complex processes.
For more details, visit the original article on Fortune: https://fortune.com/crypto/2025/03/11/jpmorgan-digital-assets-3-million-real-estate-blockchain-technology/
Sony and LINE Collaborate on Blockchain Gaming Integration
CoinDesk reports that Japanese tech giants Sony and LINE have joined forces to integrate four gaming applications from LINE's platform into Sony's blockchain network, Soneium. The collaboration will enable features such as in-game rewards and purchases, aiming to bridge web2 users into the web3 ecosystem. Soneium, a layer-2 blockchain built on Ethereum, launched in January and is managed by Sony Block Solutions Labs in partnership with Startale Labs.
LINE's platform, with approximately 200 million active users, will bring popular mini-apps like Sleepagotchi and Farm Frens to Soneium. This partnership is expected to drive user engagement and adoption of blockchain technology. Read the full report on CoinDesk: https://www.coindesk.com/tech/2025/03/11/japanese-tech-giants-sony-and-line-join-forces-in-blockchain-deal
HUD Explores Blockchain and Stablecoins for Grant Tracking
The Daily Hodl reveals that the U.S. Department of Housing and Urban Development (HUD) is considering the use of blockchain technology and stablecoins to enhance the tracking of federal grants. Irving Dennis, HUD’s principal deputy chief financial officer, has reportedly been a key advocate for this initiative, although some officials have expressed concerns about its potential risks. Discussions with accounting firm EY have also been part of the exploratory process.
This move reflects a growing interest in leveraging blockchain for government efficiency, despite skepticism from some within the department. For further insights, refer to The Daily Hodl: https://dailyhodl.com/2025/03/11/department-of-housing-and-urban-development-exploring-use-of-blockchain-and-stablecoins-to-track-grants-report/
Quantum Blockchain Technologies Reports Progress in ASIC Development
Proactive Investors UK highlights significant advancements by Quantum Blockchain Technologies in its ASIC chip development. CEO Francesco Gardin detailed the acquisition of a critical ASIC chip for Method B, enabling precise performance testing. The company is also conducting real-world tests for Method A to generate data for potential partnerships. Additionally, Quantum Blockchain plans to showcase its innovations at the Mining Disrupt Bitcoin Mining Expo in Miami.
Discussions with major Bitcoin industry players remain active, and the company is pursuing asset recovery actions despite ongoing legal challenges. For more updates, visit Proactive Investors UK: https://www.proactiveinvestors.co.uk/companies/news/1067786/quantum-blockchain-update-reveals-good-progress-across-portfolio-1067786.html
Sources:
- Exclusive: Former JPMorgan digital asset chief raises $3 million to transform real estate with blockchain technology
- US Inflation Dips to 2.8%, But Blockchain Data Suggests It’s Even Lower
- Japanese Tech Giants Sony and LINE Join Forces in Blockchain Deal
- Department of Housing and Urban Development Exploring Use of Blockchain and Stablecoins To Track Grants: Report
- Quantum Blockchain update reveals good progress across portfolio
- This Week in Blockchain: Stablecoins Distance Themselves From Crypto Markets
