Tag: blockchain technology

IOHK, the developers behind Cardano, has successfully optimized the blockchain platform, making it fully decentralized and completely controlled by the Cardano community. Cardano parent company IOHK, in a press release shared with Altcoin Buzz, revealed that after seven months of hard work by its team of world-leading researchers and engineers, it has successfully put block production on Cardano network in the hands...

CryptoNinjas » Winding Tree launches ORGiD Bot, streamlining digital identity verification between blockchain businesses Winding Tree, the Ethereum- powered...

It seems many people still do not understand what an NFT is. Some people think it’s artwork, other people think it’s an extreme environmental hazard. We have seen many over-simplified explanations and many overly complicated ones. So we thought we might step in and put it in layman's terms. You keep hearing that phrase, “non-fungible tokens(NFTs)”. It makes you wonder why crypto people...

Bitcoin launched in early 2009. In the 12 years that have followed, we have heard far too many arguments against Bitcoin and other cryptocurrencies. Skeptics love to fantasize about new ways to bash cryptocurrencies and their supporters. Every hack, every stolen Bitcoin provides them an opportunity to tell how terrible cryptos are. Their strongest arguments against Bitcoin, and other proof-of-work (PoW) cryptocurrencies, revolve...

Following a breakout year for decentralized finance (DeFi), the nascent sector has demonstrated that it can handle traditional financial services such as lending, borrowing, and trading with aplomb. It has also delivered unique and highly profitable financial instruments, such as proof liquidity mining. The question now is, "what comes next?" While it’s easy to get swept up in all the goodwill and hyperbole...

CryptoNinjas » RioDeFi launches incubator to bring interoperable blockchain hub to Asia RioDeFi, an ecosystem of financial products bridging traditional and decentralized finance (DeFi), has announced the launch of its DeFi incubation hub following three...

Decentralized finance has grown out of the need to gain financial independence from governments and banks. However, those most in need are not getting access to it. Recent findings from The Defiant have revealed that too few developing nations are using decentralized finance (DeFi). Nations that have autocratic regimes or dictatorships for governments or those with hyperinflation and major monetary problems are in...

2021 is turning up to be the year of NFTs with sales and volumes reaching new and amazing price records. This unprecedented interest in NFTs and its ensuing increase in volume begs the question - Is the NFT Mania in 2021 real and will it sustain? This article covers in detail recently sold Non-Fungible Tokens (NFTs), the platform on which the sale occurred,...

In a bid to continue dominating, as well as to remain relevant in the decentralized finance (DeFi) space, popular decentralized exchange (DEX) Uniswap has unveiled a detailed overview of its upcoming v3 update. Uniswap disclosed that it is unveiling its third iteration, and it will focus on ensuring the decentralized exchange is the most flexible and efficient...

CryptoNinjas » Blockchain security company Quantstamp joins Korean accelerator backed by Shinhan Financial Quantstamp, a...

The Crypto market rose on Monday as new macro factors and institutional interest weighed in. Cryptos Recover from Selloff Following last week’s sell- off, Bitcoin and the broader crypto market rallied alongside the US equity markets. Bitcoin (BTC) retraced back up to $49,000, with Ethereum (ETH) recovering to $1,500. The biggest crypto names all recovered to varying degrees, except for...

Verge (XVG) just had a bizarre and spooky event, where the entire blockchain history and transactions record of ~200 days just disappeared and is nowhere to be found. This is the first time that a chain reorganization of this magnitude has happened to a top 100 cryptocurrency by marketcap. This is latest in a long troubled history of malfunctions and exploits for the...

By digitizing the normally paper process, the Lygos joint venture says it's shown it can speed up bank guarantee issuances.

World-renowned tech giant Microsoft has shown in recent times notable interest in natural ecosystem health as well as other aspects of environmental sustainability. With this in mind, Microsoft has purchased a significant amount of soil carbon credits from startup firm Regen Network. This sale stands as one of the biggest carbon credit sales in Australia. The carbon credit, according to a press release...

Ethereum’s all-time high has brought with it a surge in network fees as gas hits its highest levels. The need for scaling solutions has never been greater. Ethereum hit $1,700 during Thursday’s Asian trading session, its highest ever price, which is good news for holders but not so much for those that need to make transactions on the network. Gas prices are also...

CryptoNinjas » Outlier Ventures Blockchain Developer Trends 2021 The technical team of European...

Zilliqa announces yet another use case. The sharding-based blockchain platform will help in the digital representation of exceptional single-malt Scotch whiskey known as "Casks of Distinction." Thanks to Zilliqa, this very rare whiskey collection is now...

More and more people are getting to understand blockchain and cryptocurrencies and the disruptive effect they possess on a number of spheres. Decentralized finance (DeFi), for one, is putting lasting changes to the way we carry out finance-based transactions. Interestingly, 2020 was dubbed the year of DeFi as the space recorded remarkable price rallies, especially in 2020 Q3. Aside from DeFi, interest in...

At a time when global travel restrictions are intensifying, there has never been a greater need for technology to come to the rescue, and ShareRing is proposing one innovative solution. The blockchain personal identification solutions provider is developing an Open World Passport with the aim of helping to reopen borders while solving privacy concerns for the user. The innovative solution includes secure proof...

Blockchain technology adoption has largely been a top-down story. Here are some ideas that could get more bottom-up traction.