San Francisco Blockchain Startups Partner on Decentralized Insurance

Two San Francisco blockchain startups are teaming up, including one that is aiming to create a kind of decentralized Airbnb. Short-term housing rental startup Bee Token and financial services platform WeTrust are partnering to develop a “decentralized insurance layer based on crowdsourced security deposits.” In other words, the deposits would act as a financial buffer for both the hosts listing on Bee Token’s Beenest platform as well as well as guests. To get there, the two startups plan to connect with one another to share information about users, including their overall…

NYSE Owner to Launch Cryptocurrency Data Feed for Institutional Clients

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The owner of the New York Stock Exchange (NYSE) has announced that it will launch a Cryptocurrency Data Feed to provide institutional clients with real-time market information from cryptocurrency exchanges located throughout the world. NYSE Owner to Launch Cryptocurrency Data Feed for Institutional Clients Intercontinental Exchange (ICE) — best known as the operator of the NYSE — made the announcement on Thursday, adding that it has partnered with blockchain startup Blockstream to build the service, which will…

New Bill in Colorado Encourages State to Adopt Blockchain for Data Security

A new state bill introduced to the Colorado Senate is looking at using blockchain technology to secure private data from cyberattacks. Introduced on Jan. 16, Senate Bill 086 suggests that using a distributed ledger would eliminate the need for paper records and in-person updating of such data. The blockchain system would subsequently solve the state’s existing data collection and retention issues, and create a more secure record. If passed, the bill would direct Colorado’s chief information security officer to evaluate the costs and benefits of using distributed ledgers in various…