Announced during Devcon 4, Serenity is meant to finally convert Ethereum to a proof-of-stake model, increase scaling and efficiency and reduce energy costs. Among the obstacles faced by Ethereum and blockchain projects in general, some Serenity appears much needed.
The Enterprise Ethereum Alliance has announced a "Token Taxonomy Initiative" to develop universal definitions for tokens to encourage their interchangeability across blockchain platforms. Members of the initiative include Microsoft, R3, ConsenSys, IBM, EY, Accenture and Intel.
Gemini Trust, a New York-based cryptocurrency exchange, has announced support for Segregated Witness (SegWit) addresses and transaction batching. As a result, customers can now use SegWit addresses for bitcoin deposits and withdrawals, ideally improving processing times and lowering bitcoin withdrawal fees.
Food producer Nestlé and retailer Carrefour will equip the packaging of a French instant mashed potato product with a QR code that provides blockchain-based data about its origins to consumers. The pilot was developed in conjunction with IBM Food Trust.
The International Monetary Fund (IMF) and the World Bank have launched a permissioned blockchain-based "educational" digital token called Learning Coin. The token is inaccessible to the public and has no monetary value, but was developed to help agency staff becomes familiar with the principles behind distributed ledgers and cryptocurrencies.