Luxury Fashion Group OTB to Join Louis Vuitton Parent LVMH in Aura Blockchain Consortium

Italy’s OTB Group, the owner of fashion brands Diesel, Jil Sander and Viktor & Rolf is the latest luxury goods company to join the Aura Blockchain Consortium as a founding member. In April, Louis Vuitton’s parent firm, LVMH, Prada and Richemont-owned Cartier unveiled the Aura Blockchain Consortium, a network developed in partnership with ConsenSys. OTB Group is the latest to join luxury brands, including Bulgari, Cartier, Hublot, Louis Vuitton, Hennessy and Prada, in tackling counterfeit goods through a blockchain-based seal of authenticity called Aura. Aura Blockchain Consortium said it has…

Asian Schools Lead CoinDesk’s Ranking of Top Universities for Blockchain — CoinDesk

The top European blockchain schools were the second most affordable, with an average cost of $16,700 for one year of education. The most affordable blockchain schools are in Asia and Australia, with an average yearly tuition of $12,000. It is important to note, however, that these tuition costs don’t factor in financial aid, government subsidies, scholarships and miscellaneous fees. Source link

El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Products

The adoption of bitcoin as legal tender in El Salvador has forced the local financial system to adapt. Staring down these changes, Banco Hipotecario, a national commercial bank in El Salvador, has started working with four companies that will develop blockchain products they say will increase financial inclusion for the bank’s customers. The bank started working with an alliance formed by TESOBE, the company behind the Open Bank Project, and API3, a decentralized autonomous organization that provides data feeds to blockchain-based smart contracts. The alliance also includes decentralized digital asset…

Universities Are Flunking Blockchain Tech — CoinDesk

The next most important challenge brought about by the global pandemic and now facing higher education is diploma fraud (although student identity, as the lynchpin to widespread online cheating, is a close third). When university campuses shut their gates during the pandemic, many of the traditional paper-based processes were exposed as inefficient and insecure. Diplomas and transcripts are still today issued as paper copies, and when pressed to offer digital copies universities issue insecure versions that are easily fabricated or tampered with. By securely recording unique “fingerprints” (cryptographic hashes) of…

The Top Universities for Blockchain – Methodology — CoinDesk

4) Cost of attendance: To calculate a school’s Cost of Attendance score, we looked at both overall cost and a normalized construction of overall cost of attendance. We assumed here that lower tuition was preferable, and feel that we ought to acknowledge the important caveat that we only considered the base price of a university, while in actual practice, grants, scholarships, opportunity costs, and even residency can completely change an individual’s calculation. Along similar lines, tuition is a purely student-facing concern, while we hope that these rankings find use by…

Private-Equity Giant KKR Makes First Blockchain Investment in ParaFi Fund

Investment giant KKR & Co has made its first blockchain-related investment with a stake in the flagship fund of ParaFi Capital, ParaFi confirmed to CoinDesk on Thursday. Bloomberg first reported on the investment this week. KKR’s investment in the ParaFi fund, which focuses on decentralized finance markets, was made directly from its balance sheet, according to one of Bloomberg’s sources. The amount invested by KKR, which manages $429 billion in assets, was unknown. ParaFi declined to comment further, while KKR was contacted for comment but had not responded as of…