By: Ryan CramerThe big blockchain announcements of the year are starting to take shape.
On March 3, the first big announcement by a blockchain company was that its company was launching an online platform to store data from a massive database of personal data.
The next day, Onchain announced that it was launching a “platform for creating and using smart contracts” that would allow people to create and execute smart contracts without needing a blockchain.
Onchain’s announcement came after a big push by the blockchain industry and the crypto-community to create a decentralized platform to facilitate the transfer of value between smart contracts and real-world objects.
The two companies are currently in the process of finalizing the data transfer system, which will be designed to be decentralized and transparent.
It will be possible to transfer funds, for example, without relying on a central authority.
Onchain has a partnership with Digital Asset Holdings, the company that operates Bitcoin exchange Bitfinex, which has been a partner for the platform.
Digital Asset Holdings said on its blog that the platform is a “first of its kind blockchain platform for the creation and transfer of digital assets, including cryptocurrency.”
The first public release of the platform has not yet been released.
OnChain said it plans to roll out the platform “very soon,” and that it is aiming to begin accepting cryptocurrency payments by the end of the second quarter.
In the coming weeks, the platform will launch its own wallet, allowing users to store and transfer money using their own funds.
A major push to build a blockchain-enabled smart contract platform is happening in Europe, where a consortium of European banks, which include the BNP Paribas, the Berenberg Group and Unicredit, are collaborating on a project to build an open-source, interoperable smart contract software for European banks.
The consortium announced a plan last month to create an open source blockchain software that would support both Ethereum-based and Ethereum-compatible smart contracts.
In a statement, the consortium said that its project would enable banks to securely execute contracts that use the blockchain and could facilitate the creation of smart contracts using only digital assets.
The consortium said the development of a blockchain platform would “allow banks to quickly and efficiently use blockchain for both contract execution and record-keeping.”
The European Banking Authority has also been promoting a blockchain solution to its blockchain initiative, which aims to create interoperable contracts between financial institutions and smart contracts developers.
In April, the EU launched a consortium called the Europe Blockchain Infrastructure Alliance, which is working to promote the use of blockchain in financial services and blockchain solutions for the European Union.
The alliance is currently in talks with a number of banks to explore collaboration on the blockchain technology.
The EU also launched a blockchain technology advisory committee last month that was comprised of banks and blockchain developers.
The committee, which was chaired by Raffaele Di Pietro, a partner at the R3 CEV venture capital firm, aims to improve the interoperability of financial services.