Tuesday, April 16

Tag: blockchain

How Ethereum is Fostering Innovation in Developing Countries
22Mar Alphonso BernierBy Alphonso BernierNo Comments
Crypto, Blockchain

How Ethereum is Fostering Innovation in Developing Countries

  Introduction Ethereum is a blockchain platform that has the potential to revolutionize many aspects of society, including finance, governance, and social impact. One area where Ethereum is making a significant impact is in developing countries, where the technology is helping to foster innovation, improve transparency, and promote financial inclusion.  Fostering innovation through blockchain technology Blockchain technology, which is the foundation of Ethereum, is inherently decentralized and transparent. This makes it an ideal tool for fostering innovation in developing countries, where traditional financial systems may be unreliable or corrupt. By using blockchain technology, developing countries can create new financial systems that are more secure, transparent, and efficient...
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Types of Decentralized Exchanges
16Mar Alphonso BernierBy Alphonso BernierNo Comments
Blockchain, Crypto, Crypto News, Cryptocurrency, Cryptonews, Web3

Types of Decentralized Exchanges

  Decentralized exchanges (DEXs) are a type of cryptocurrency exchange that operates in a decentralized manner, allowing users to trade cryptocurrencies directly with each other without the need for a centralized intermediary. There are several types of DEXs, each with its own unique characteristics and features. In this article, we will explore the different types of decentralized exchanges. Order-book based DEXs Order-book based DEXs operate similarly to centralized exchanges, where buy and sell orders are matched through an order book. These DEXs typically use smart contracts to manage the order book, which contains a list of buy and sell orders, and executes trades when the buy and sell prices match. One popular order-book based DEX is UniSwap, which is built on the Ethere...
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Understanding the blockchain technology behind NFTs
11Mar Alphonso BernierBy Alphonso BernierNo Comments
Blockchain, NFT

Understanding the blockchain technology behind NFTs

  Blockchain technology has gained widespread popularity in recent years due to its decentralized and transparent nature. One of the latest applications of blockchain technology is Non-Fungible Tokens (NFTs), which have revolutionized the way we think about digital ownership and provenance. In this article, we will explore the blockchain technology behind NFTs and how it enables the unique properties of these tokens. What is Blockchain Technology? At its core, blockchain technology is a decentralized, digital ledger that records transactions in a secure and transparent way. Each block in the blockchain contains a set of transactions that have been verified by a network of computers, known as nodes. Once a block is added to the blockchain, it cannot be altered or deleted, creating...
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CRYPTOMOB 42 GANG – AN INTRODUCTION
2Aug Alphonso BernierBy Alphonso BernierNo Comments
Press Release

CRYPTOMOB 42 GANG – AN INTRODUCTION

NFT stands for non-fungible token. NFTs have emerged as a multi-billion dollar industry in the past couple of months. According to statistics, the sales of NFTs were recorded to be more than $2.5 billion in the first six months of 2021. A lot of artists designers, actors, singers, and other popular personalities are showing interest in NFTs.  Cryptomob 42 is the representation of people who are in favor of identifying themselves in a group and also aim to make something positive out of this association. Cryptomob 42 is a project that consists of a collection of 1420 Cryptomob 42 NFT. This digital collection is available on the Ethereum. This project aims to create an NFT collection that is fun and would also serve as a digital avatar. This project also aims to create a more engaging exp...
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Smart Doge – A Token Smarter Than You, Is Here
2Aug Alphonso BernierBy Alphonso BernierNo Comments
Press Release

Smart Doge – A Token Smarter Than You, Is Here

Cryptocurrencies are digital or virtual currencies that are protected by cryptography, making them difficult to counterfeit or double-spend. The blockchain is a distributed ledger that is enforced by a disparate system of computers. Decentralised networks-such as cryptocurrencies-are based on this technology. As cryptocurrencies are generally not issued by authorities, they should be immune to government manipulation or interference. What is DeFi ? Blockchains and Decentralised Finance, or DeFi, have helped the blockchain industry and the world at large. Because cryptocurrency is a decentralised store of value and highly secure, DeFi leverages decentralisation to create a decentralised financial instrument available to anyone without tying them to traditional financial institutions. In...
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Viberate and Blockparty Take NFTs One Step Further with “Live Performance NFT” drop
8Jun Antoinette TurnerBy Antoinette TurnerNo Comments
PR Wire

Viberate and Blockparty Take NFTs One Step Further with “Live Performance NFT” drop

Blockchain-based music research and analytics platform Viberate (whose native token VIB is listed on Binance, Bittrex, OKEx, and Uniswap) will test the world’s first concept of a “live performance NFT” in partnership with digital asset marketplace Blockparty.  The upcoming “NFT drop” (the release and subsequent 24-hour auction of non-fungible tokens) will feature the work of world-renowned Techno DJ and Viberate co-founder UMEK. Specifically, three exclusive remixes of UMEK’s 1999 hit track “Lanicor”, one livestream performance, and one live gig. Simply put, the buyers of UMEK’s NFT will either purchase the rights to one of his original remixes, book him for an exclusive online event, or book him for a real-life live performance. Viberate will also be verifying the drop...
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Binance and Wazirx Will Fuel Blockchain Growth in India With $50m USD in Grants
31May Antoinette TurnerBy Antoinette TurnerNo Comments
PR Wire

Binance and Wazirx Will Fuel Blockchain Growth in India With $50m USD in Grants

Binance and WazirX, a subsidiary the world-renown exchange acquired last year will create a $50M USD fund called “Blockchain for India” according to the announcement on Binance’s website. Following the fact that the Indian Supreme Court Lifted the Central Bank’s Cryptocurrency Ban, this step from Binance is one business savvy way to capitalize on a newly opened market for cryptocurrency and blockchain. The fund is backed by BNB, BUSD, and WRX digital assets which will be used to make investments in blockchain projects and startups that are trying to solve technical and social issues with blockchain. “We started WazirX with the aim to involve everyone in this technology revolution, and the Blockchain for India fund marks a big step in this direction. India has the bigges...
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BMW Group Enters Second Stage of Blockchain-based Supply Chain Transparency
31May Antoinette TurnerBy Antoinette TurnerNo Comments
PR Wire

BMW Group Enters Second Stage of Blockchain-based Supply Chain Transparency

The BMW Group has increased its capacities for utilizing blockchain technology to provide its staff with the tools they need to create high-quality vehicles. According to the press release, BMW has faced great difficulty when tracking specific parts that need to be changed or simply weren’t of sufficient quality. Finding the manufacturer often involved a significant amount of manual labour, but now with the implementation of the second stage of their “PartChain” project, BMW and their suppliers are using blockchain systems to help them track parts at the push of a button. We’ve reached out to BMW Group for comments and more information, but they were unavailable for contact. The extremely complex nature of the automotive industry makes it a prime suspect for blockchain ...
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Digital Euro on the horizon? Central Bank of France to experiment with crypto for interbank settlements
30May Antoinette TurnerBy Antoinette TurnerNo Comments
PR Wire

Digital Euro on the horizon? Central Bank of France to experiment with crypto for interbank settlements

The Central Bank of France wants to experiment with digital asset technology to improve interbanking abilities, according to this “Call to Apply” document that came out last Monday, on March 30th. The document lists all of the desires and goals that the bank has with cryptocurrency. At the moment, they are looking for third party help to drive their understanding of the technologies. They are looking to use blockchain technology for the achievement of a few interests and goals. Their interest is two-fold. One, to explore the possibilities offered by crypto technology. Two, to identify concrete cases for integrating CBDC (central bank digital currency) in the process of clearing and settlement of tokenized financial assets. The document continues to list three specific g...
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Kraken Acquires Marco Santori Leaving Blockchain High and Dry
30May Antoinette TurnerBy Antoinette TurnerNo Comments
PR Wire

Kraken Acquires Marco Santori Leaving Blockchain High and Dry

Marco Santori, former President and Chief Legal Officer of Blockchain.com, joined Kraken as their new Chief Legal Officer on the 6th of April, according to a blog post on the official Kraken website. Marco Santori is known for his work in litigating, advising, and creating new laws in the crypto industry. He is also known for his Twitter trains of thought where he goes down the legal rabbit hole on many different topics related to cryptocurrency and Blockchain. Marco shared his future involvement in Kraken via Twitter as well. I am thrilled to announce that I am joining @krakenfx as its Chief Legal Officer. — Marco Santori (@msantoriESQ) April 6, 2020 Kraken is a California-based cryptocurrency exchange that has been in the crypto industry for a while. They are one of...
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