Tagged: decentralization

December 29, 2024 @ 6:11 pm By Omar Faridi  |  

Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces its integration with Akash Network, a key player focused on decentralized cloud computing. This integration combines Quai’s multi-shard blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, promote “transaction efficiency,… Read More

December 27, 2024 @ 3:27 pm By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of biometric identity verification and authentication solutions, announced it has become a member of the Accountable Digital Identity Association (ADIA), an open industry association created to drive the development of a standardized, interoperable framework for decentralized identity services to “ensure… Read More

December 27, 2024 @ 10:06 am By Omar Faridi  |  

The Nomic DAO Foundation announced the official launch of a fee-free on-and-off ramp for Bitcoin (BTC) on Osmosis, the “decentralized” exchange (DEX) within the Cosmos ecosystem. Approved by the Nomic DAO and Osmosis DAO through a revenue sharing agreement, Osmosis and Nomic have created a… Read More

December 22, 2024 @ 12:50 pm By Omar Faridi  |  

Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces a partnership with Akash Network, a key player focused on decentralized cloud computing. This collab merges Quai’s “multi-shard” blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, enable transaction efficiency,… Read More

December 16, 2024 @ 5:15 pm By Omar Faridi  |  

Uplink, a decentralized connectivity ecosystem for existing and new internet infrastructure, has announced an implementation on Avalanche, a Layer 1 blockchain and smart contracts platform. The decentralized physical infrastructure network (DePIN) Layer 1 project built on the Avalanche Blockchain, paves the way for “global decentralized… Read More

December 4, 2024 @ 11:04 pm By Omar Faridi  |  

cheqd, a “decentralized” payment and trust infrastructure provider, has announced a partnership with ID Crypt Global, a digital identity and security company, to integrate identity and security solutions into Apex Digital Exchange (ADEX), a key player in the decentralized finance (DeFi) space. This collab is… Read More

November 29, 2024 @ 8:30 am By Omar Faridi  |  

Rarimo, a zero-knowledge (ZK) identity protocol, has announced the closing of a $2.5 million strategic funding round, with investors including Ethereum co-founder Vitalik Buterin and other key web3 founders. Referred to as the Vision Round, this founder-only raise was designed to course-correct the current direction… Read More

November 3, 2024 @ 4:16 pm By Omar Faridi  |  

FLock.io, a platform for federated learning on blockchain, announced that it has entered into an MoU with Animoca Brands, the company driving digital property rights via NFTs and gaming to help build the open metaverse, to explore “co-creation opportunities” for domain-specific AI models using FLock.io’s… Read More

November 1, 2024 @ 9:20 am By Omar Faridi  |  

TRON DAO, which claims to be the “community-governed” DAO dedicated to accelerating the decentralization of the internet via blockchain tech and dApps, and Chainlink, the “standard” decentralized computing platform, announced that Chainlink Data Feeds will become the official data oracle solution for the TRON blockchain… Read More

October 10, 2024 @ 7:46 pm By Omar Faridi  |  

IDA, a Hong Kong-based fiat-referenced stablecoin issuer, is integrating Chainlink’s services for tokenized assets. As mentioned in a blog post, those reportedly include Chainlink Proof of Reserve (PoR) for verifying asset collateralization as well as the Chainlink Cross-Chain Interoperability Protocol (CCIP) for the “secure” movement… Read More

September 17, 2024 @ 9:48 am By Omar Faridi  |  

Chainlink, the industry-standard decentralized computing platform, and ZKsync, an ever expanding verifiable blockchain network secured by math, announced that Chainlink CCIP, the industry-standard cross-chain protocol, is now live on ZKsync’s Era Mainnet. This is the next phase between Chainlink and ZKsync, and is “in line… Read More

September 7, 2024 @ 9:08 am By Omar Faridi  |  

Hex Trust, a provider of digital asset solutions for institutional finance and the Web3 ecosystem, announces a strategic partnership with Grass, a viral, new decentralized infrastructure network that is building the first open internet to scale web crawl. Today, the network is powered by “over… Read More

August 20, 2024 @ 6:32 am By Omar Faridi  |  

SwissFortress announced the launch of the Fortress Coin (FC), supporting and maintaining the global Send-to-Name (StN) system, creating a more user-friendly and secure way to navigate the decentralized web. 0.4% of all crypto users claimed their domain “using Unstoppable Domains over the last few years.”… Read More

July 29, 2024 @ 7:45 am By Omar Faridi  |  

Oracles have become the Achilles Heel of DeFi – their failures represent the root cause of most hacks. Despite the critical role that the oracle layer plays, innovation within the space has alarmingly lagged behind the broader DeFi ecosystem’s meteoric growth since blockchain’s inception. While… Read More

June 15, 2024 @ 9:22 am By Omar Faridi  |  

OKX‘s investment arm, OKX Ventures, announced that it has become a founding member of SOFA.org, an open-source and non-profit decentralized autonomous organization (DAO) focused on developing a DeFi ecosystem that facilitates atomic, blockchain-based settlements of financial assets. Through its collaboration with SOFA.org, they seek “to… Read More

May 14, 2024 @ 5:42 pm By Omar Faridi  |  

KOR Foundation announced it has launched KOR Protocol, a new protocol that reshapes how intellectual property is managed, protected, distributed and monetized across various sectors. Built around the innovative KOR DNA framework, KOR Protocol reportedly “offers new opportunities for creators to leverage blockchain and AI… Read More

April 23, 2024 @ 9:23 pm By Omar Faridi  |  

The KILT team has completed all milestones of the Polkadot Treasury Grant for developing the Decentralized Identity Provider (DIP), and DIP is now ready for use. Using DIP, any chain can become “an identity provider, and any parachain (and, in the future, external chains) can… Read More

April 20, 2024 @ 10:20 am By Omar Faridi  |  

Framework Ventures says it has led a $10 million investment round in Uplink, a DePIN network with a goal to democratize access to the internet. Framework Ventures thinks their enterprise-focused approach is the best bet for onboarding the next wave of DePIN users. Uplink explaisn… Read More

April 10, 2024 @ 5:09 pm By Omar Faridi  |  

The TradeX app, which aims to enhance predictions markets, is reporting its latest updates. TradeX, which previously secured funding from Y Combinator and other investors, has so  far reportedly raised $4.5 million. The platform’s creators have launched a B2B vertical, expanding its offerings and partnerships…. Read More

April 5, 2024 @ 6:04 am By Omar Faridi  |  

Umbrella Network is joining forces with Arthera, marking a step forward in enhancing blockchain usability. This partnership underscores a shared commitment “to reducing entry barriers and catalyzing growth within blockchain opportunities.” Layer 1 blockchains have evolved, “offering better scalability and decentralization. However, the persistent challenge… Read More