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.
The Sandbox Co-Organizing Metaverse Summit 2022 Showcasing Ecosystem Impact
The metaverse has gained momentum recently, and it is predicted to continue to expand in the years to come. Metaverse Summit, with its co-organizer The Sandbox, supports the development of various industry stakeholders and assists brands, start-ups, and corporations in determining their position and metaverse strategy.
NEOPIN Signs Strategic Partnership With Cube Entertainment
NEOPIN, a blockchain subsidiary of NEOWIZ Holdings(KOSDAQ: 042420), announced on July 7th that it has signed a strategic partnership with Cube Entertainment (hereinafter “Cube”) to establish a global blockchain ecosystem.
Delegated Proof of Stake Blockchain Accumulate (ACME) Releases Governance Documentation
Delegated Proof of Stake (DPoS) blockchain Accumulate has released its official governance documents. These detail the network’s constitution, its list of stakeholders, and the various rules and policies that govern both the protocol and the community. They also outline the primary role that the ACME token will play in the protocol’s development.
Blockchain Security Firm Files Patent for Ransomware Solution EB Drive
Blockchain networking company Everything Blockchain, Inc. applies for a patent for its Blockchain drive (EB Drive).
Former TikTok Gaming Head Launches Blockchain Gaming Startup Meta0
Jason Fung, the former head of short video giant TikTok’s gaming division, launched a blockchain gaming startup called Meta0 as CEO and has completed its first round of financing.
Etihad Airways Enters Crypto Space by Launching First NFT Collection
Etihad Airways plans to release its first NFT collection, featuring 10 comprehensive 3D aircraft models, on July 21.
Web3 Gaming Firm Planetarium Labs Raises $32m in Series A Funding
Singapore-based web3 gaming firm, Planetarium Labs raised $32 million in Series A funding led by Animoca Brands.
Bitstamp Scraps Inactivity Fee Plan
Bitstamp had announced that as of August 1, it will start charging a monthly 10 euro fee to users with an inactive account to make up for costs. However, the exchange changed their mind within a day.
Smart Contracts Enables Commodity Trading Transformation, GSCG Report Shows
Given that commodity trading is highly fragmented, blockchain-driven smart contracts can transform this sector by redefining market transactions and transparency, according to a Global Smart Commodity Group (GSCG) report.
End-to-end Internet Protocol Bitmarks Secures $5.6M in Series B Round
End-to-end Internet protocol Bitmark has received $5.6 million in Series B funding, co-led by Galaxy Interactive and North Island Ventures.