BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Kava Launches Liquid Staking With Successful Mainnet Upgrade
The Kava Network, an open-source, EVM and Cosmos IBC compatible, Layer-1 blockchain ecosystem, successfully implemented its Kava 11 mainnet upgrade on October 26th.
Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets
Blockchain infrastructure platform Gluwa is partnering with the Lagos State government to transform the agricultural sector. The move will enable the digitization of agricultural assets, making it easier for farmers in the region to obtain finance.
Carbon Offsetting for Blockchains & Beyond: Regen Network Launches Carbon Marketplace
Regen Network Development released its marketplace application for tokenized carbon and ecological assets, Regen Marketplace. Regen Network allows carbon project developers to originate high-quality nature-based carbon credits to markets, catalyzing regenerative finance solutions to the climate crisis. Regen Marketplace takes advantage of Regen Ledger, the application-specific blockchain which brings transparency and public governance to voluntary carbon markets, built on the CosmosSDK.
Australia to Continue Treating Cryptos as Assets
According to the Australian government's budget announcement on Tuesday, legislation will be put upon treating digital currencies such as bitcoin as an asset.
BaaS to Boost Blockchain Adoption in the Healthcare Market, Study Shows
The enhanced adoption of blockchain as a service (BaaS) is anticipated to boost the blockchain in the healthcare market, according to a report by Research and Markets.
5% Global Business Transactions Expected to Utilize Blockchain Technology by 2028: SkyQuest
At least 5% of worldwide business transactions are expected to utilize blockchain technology by 2028, thanks to heightened activity in the fintech blockchain market, according to a report by research firm SkyQuest.
The Central Bank of the Republic of Turkey Plans to Launch CBDC in 2023
The Turkish government has submitted the President’s annual plan, which included discussions on the launch of CBDC. The administration plans to launch its country’s CBDC by next year.
Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity
Decentralized lending protocol Compound has decided to pause the supply of four tokens used as lending assets for collateral on the platform, including ncZRX, cBAT, cMKR, and cYFI.
Google Struggles with Ad Revenue as Crypto Firms Reduce Spending
Alphabet said that reduced ad spending by crypto companies has hurt Google's revenue growth during the third quarter of 2022.
SeaCoast Will Host $COAST Token Sale on October 25th
SeaCoast, the maritime startup using web3 technology to pioneer new ways of exploring the world’s waterways, has announced its public token sale. The event will commence on October 25, giving members of the public their first opportunity to purchase $COAST tokens.