Tagged: decentralization

Decentralized Oracle Network Chainlink Devs Release Chainlink 2.0 Whitepaper Highlighting Anticipated Blockchain Industry Developments

The team at Chainlink (LINK), the leading decentralized Oracle Network provider, has published a whitepaper titled, Chainlink 2.0: Next Steps in the Evolution of Decentralized Oracle Networks. Released on April 15, 2021, the paper notes that the team has a vision for the “evolution” of… Read More

Ontology (ONT) Says it has Completed 70% of EVM-Integrated Design so Blockchain Platform Is Compatible with Ethereum Smart Contracts

The developers of Ontology (ONT), a leading blockchain platform focused on decentralized ID solutions (among other use cases), recently published their weekly report in which they revealed that their community continues to grow. The update from the blockchain developers also revealed that Ontology’s decentralized identity… Read More

Bancor, an Automated Conversion Protocol for Digital Assets, Deploys Update on Ethereum for Putting Deflationary Pressure on BNT Tokens

The team at Bancor (BNT), which serves as a protocol and standard for decentralized exchange networks for the automated conversion of crypto tokens into other tokens, including across blockchains (without requiring an order book or counterparty to facilitate the exchange), reports that the Bancor Vortex… Read More

Cross-Chain DeFi Money Market HARD Protocol Now Offering +25% APY “Without Counterparty Risk”

HARD Protocol, a cross-chain (decentralized finance) DeFi money market developed on the Kava platform, has performed a Version 2 upgrade. In addition to enabling lending and borrowing of cross-chain assets, a number of other new enhancements will now be accessible to financial institutions seeking to… Read More

IOHK Reports Successful Decentralization of Cardano

IOHK, a blockchain research and development company and the developers of the Cardano blockchain, reports that as of today (22:44:51 BST) Cardano block production has been successfully decentralized. IOHK states that they will no longer produce any blocks on Cardano, with the responsibility now fully… Read More

Mina Protocol Devs Share how they’re Creating Private Gateway between Real World and Crypto

The developers of the Mina Protocol recently shared how they’re creating a private gateway between the “real world” and “crypto.” The development team noted in a blog post: “At Mina, our ambition is to design technology that empowers people. To rebalance the scales and give… Read More

Chainlink (LINK) Awards Grant to Hack.bg for Performing Native Integration of Chainlink on Terra

The team at Chainlink (LINK), the developers of decentralized Oracle networks, recently revealed that Hack.bg has received a Grant for performing native Integrations of Chainlink on Terra. The Chainlink Community Grant Program offers key financial resources to various development teams and researchers creating a “more… Read More

$100,000 in Cash or LINK Tokens will be Provided for Responsible Disclosure of Critical Vulnerabilities in Chainlink Codebase

Decentralized Oracle network developer Chainlink (LINK) has expanded its software bug bounty program. Chainlink notes that in order to ensure their decentralized Oracle Network continues to offer smart contracts access to a secure and reliable external data source, they are pleased to confirm that the… Read More

Markus Jun: Founder of ICON Hyperconnect Public Representative Shares Latest Insights from South Korea Crypto and Blockchain Sector

We recently connected with Markus Jun, the founder and CEO of ICON Hyperconnect Public Representative, a leading block validator for the ICON network with $20 million in total staked value, and Hyperconnector, an official accelerator partner of the ICON Foundation & ICX Station Seoul. Markus… Read More

Compliant Security Token Offerings May be Conducted with Binance Smart Chain enabled Digital Identity Solutions from Ontology

Blockchain platform Ontology (ONT) and Binance, the leading digital currency exchange, have a long and established history of cooperation and partnership which has led to many benefits for both sides, “none possibly more important the integration of Ontology’s Decentralized Identity Solution into the Binance Smart… Read More

Dr. Joshua Ellul: Chairman of Malta Digital Innovation Authority Explains how AI, IoT, Blockchain based Smart Contracts are Improving Digital Economy

We recently caught up with Dr. Joshua Ellul, the Chairman of Malta Digital Innovation Authority and Director of Centre for DLTs, University of Malta. Dr. Ellul discussed how blockchain-based smart contracts are streamlining routine business processes. He also talked about his research interests which include… Read More

Square’s $50 Million Bitcoin Purchase in 2020 now Worth Over $220 Million as CEO Dorsey and Jay-Z Launch New Blind Trust

Twitter (NYSE:TWTR) CEO Jack Dorsey confirmed on Friday (February 12, 2021) that he has teamed up with legendary billionaire hip-hop artist and businessman Jay-Z to finance and support projects in Africa and India with Bitcoin (BTC). Money lessons from one of the greatest rappers of… Read More

Ajit Tripathi from Aave, a Leading DeFi Platform, Comments on Differences Between Technical and Economic Decentralization

Lex Sokolin, CMO at blockchain firm ConsenSys and Co-Head of Fintech and DeFi at ConsenSys Codefi, recently engaged in a conversation with Ajit ‘Half Boomer’ Tripathi, the Head of Institutional Business at Aave (AAVE), a leading decentralized finance (DeFi) platform. 2/ We covered a lot of… Read More

Tel Aviv based DeFi and Fintech Platform Fuse.io Announces Updates for FuseSwap, a Non-Custodial Asset Exchange

The developers at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” have introduced FuseSwap’s new analytics section. The updated section features a user-friendly or… Read More

Tesla Stock Could be Available on Waves Enterprise Blockchain in 2021, According to Founder Sasha Ivanov’s End of Year Update

Sasha Ivanov, the Founder at Waves platform, which focuses on open blockchain protocols and offers a development toolset for Web 3.0 apps and decentralized solutions, acknowledges that  2020 has been quite a challenging year. However, there’s at least one “good thing” that has taken place… Read More

Ontology and Litentry, a Blockchain enabled ID Management Layer, to Support Decentralized ID and Credit Scoring Solutions

The developers of blockchain platform Ontology have teamed up with Litentry in order to accelerate the adoption of decentralized identity and credit scoring solutions (both created by Ontology). Through the partnership, both organizations aim to offer greater data privacy and transparency to people using digital… Read More

Instant Digital Asset Exchange Service Kyber Network Reports Third Month of $300 Million+ Volume in November 2020

The developers of the Kyber Network (KNC), which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, recently released their monthly progress report. The Kyber Network team notes that 2020 is now almost behind us and it’s been a… Read More

Ethereum Co-Founder Gavin Wood’s Web 3.0 focused Polkadot Project Launches Initiative to Support Decentralization

Polkadot (DOT), a “decentralized” Web 3.0 compatible, blockchain interoperability initiative, has announced the launch of a new project to support greater decentralization. The Polkadot team has invited developers to join its Thousand Validators Program. The Web3 Foundation has established a Thousand Validators Program for Polkadot…. Read More

Pavel Bains: CEO at Bluzelle Networks Explains how Decentralized Applications Can Provide More Robust and Reliable Financial Infrastructure

We recently caught up with Pavel Bains, CEO at Bluzelle Networks, a company and platform that aims to develop fast, adaptive, and agile distributed ledger technology (DLT)-based solutions for the finance sector. Bains talked about the challenges associated with working on centralized platforms. He discussed… Read More

Binance Predicts that Centralized Crypto Exchanges will Eventually be Replaced by More Decentralized or Non-Custodial Trading Platforms

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

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