10 August 2023

Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx

The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...

New Corporate Baker Telindus Announces Solution For Nodes, Compliant To Regulations For The Financial Industry On Tezos

Telindus is a Luxembourg-based ICT and Telecom solutions provider and a subsidiary of Proximus Group, a Belgium provider of digital services and communication services with a revenue of over 5.5 billion Euros in 2021.

Telindus become the 26th corporate baker in the Tezos ecosystem.

Disclaimer

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Read our full disclaimer here.

Telindus Becomes A Corporate Baker In The Tezos Ecosystem

Telindus is a Luxembourg-based ICT and Telecom solutions provider and a subsidiary of Proximus Group, a Belgium provider of digital services and communication services with a revenue of over 5.5 billion Euros in 2021.  

Choose Your Baker 

In particular, Telindus plans to implement the “Choose Your Baker” solution developed by Coexya, an independent and multi-specialist leader in the digital industry that operates as an integrator, software publisher and consulting firm.

Thanks to this open-source solution, Telindus is able to filter out validation nodes that do not meet its compliance criteria such as certain regulatory requirements related to the fight against money laundering and the financing of terrorism (LBT/FT).

An integration made possible with the advice and technical support of Nomadic Labs, the largest R&D center in the Tezos ecosystem.

 Corporate baker

Telindus announced that they became a corporate baker on the Tezos blockchain.  A company that sets up a Tezos node, is playfully called a corporate baker. 

Telindus become the 26th corporate baker in the Tezos ecosystem.

A Corporate baker is not a special type of baker with any special position within the Tezos ecosystem.

The fact that this baker will be run by a corporation simply emphasizes the amount of trust and involvement corporations show in the Tezos blockchain.

Additionally, setting up a node/ baker enables them to play an active role in the democratic Tezos protocol and have a voice in the direction of core protocol development via amendment upgrades.

It essentially gives them a stake in the blockchain that they are running programs and applications on.

Some Other Corporate Bakers

– Ubisoft, a multi-national gaming giant that are known for large video game franchises including Rayman, Rabbids, Prince of Persia, Assassin’s Creed, Far Cry, Watch Dogs, Just Dance, and the Tom Clancy’s series.

They are considered to be one of the biggest games companies in the world.

– Wakam,  an Insurance company that creates white-label and tailor-made insurance solutions for its distributor partners and clients.

Wakam, based in Paris, operates with over 120 employees and offers many B2B insurance services to large partners and clients.

– Exaion EDF Group, a subsidiary of EDF, the second largest electric utility company in Europe with a yearly revenue of $ 70 billion, over 152,000 employees and partly owned by the French state.

Exaion EDF Group specializes in high-performance computing and is a cloud provider for blockchain solutions.

Disclaimer

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Read our full disclaimer here.

Upload Article

Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.

Hidden
Hidden
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Banner Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: pdf, doc, docx, Max. file size: 128 MB.
Submit Article: Suitable Formats = PDF, WORD
By Uploading an article, you are accepting all to all copyright and information that is to the best of your knowledge true and accurate.
Agree(Required)

Other News

View More

BitMart Announces Strategic Partnership For The Tezos Blockchain

BitMart Exchange has announced a new strategic partnership to support the Tezos blockchain, a prominent Proof of Stake (PoS) blockchain known for its self-upgradable and energy-efficient features. This collaboration marks a significant step in both platforms’ growth and development in the blockchain industry.

Read More

Werenode: Fusing Blockchain Brilliance with EV Charging Innovation

As electric vehicles (EVs) become more prevalent, Werenode is leading the charge by revolutionizing the EV charging infrastructure through blockchain technology. By leveraging Tezos and Binance blockchain technology, Werenode aims to simplify the EV charging process, ensuring secure, transparent, and immutable transactions. Their approach tackles key challenges in the industry, such as network fragmentation, interoperability, and complex payment systems.

Read More

Tezos Community Prepares for Launch of tzBTC 2.0 on May 27th

The Tezos ecosystem is gearing up for the anticipated launch of tzBTC 2.0 on Monday, May 27, 2024, at 12:00 pm UTC. This development follows a successful keyholder session, where all necessary signatures were obtained, and backup flows were tested.

Read More