Tagged: smart contracts

MODA DAO, a Distributed Autonomous Organization, Secures $5M as It Gets Ready for Public Token Sale

MODA DAO, a decentralized autonomous organization (DAO) created to bridge the legacy music industry into the latest Web 3.0 entertainment world, announced that they’ve acquired $5 million via a private sale of their MODA token, with musicians Joel Zimmerman (deadmau5) and Richie Hawtin joining the… Read More

CAIS Teams Up with Digital Asset to Address Inefficiencies in Wealth Management, Alternative Investments

CAIS, the alternative investment platform, and Digital Asset, the creators of the Daml multi-party application platform, have confirmed  a working collaboration to “explore specific use cases for blockchain, distributed ledgers, and smart contracts at the intersection of wealth management and alternative investments.” The two firms… Read More

Hashbon, which Aims to Transform Decentralized Crypto Payment Sector, Introduces Cross-Chain DEX

Hashbon, a project that aims to transform the decentralized cryptocurrency payment industry for individual users and businesses, reveals that they have expanded to the Hashbon FiRe (Finance Reinvented) ecosystem and also introduced a cross-chain DEX (CDEX), called Hashbon Rocket. The team says that they plan… Read More

BlockWRK, Issuer of “Federally-Approved” WRK Token, Introduces Blockchain based Worker Rewards App

BlockWRK, the issuer of the “federally-approved” WRK token, confirms the launch of its blockchain-enabled worker rewards app and Visa card. The app aims to reward employees with BlockWRK’s WRK token for achieving daily goals or targets that are related to health, safety, and overall job… Read More

QED from Origin, a Decentralized Oracle Protocol and Aggregator, Aims to Enhance DeFi Transactions

Decentralized platforms and blockchain-enabled smart contracts are transforming the way digital transactions are performed. Distributed ledger technology (DLT) has the potential to streamline the key processes carried out in many different sectors by eliminating the need for third-parties and enabling automated contract terms and conditions,… Read More

Galina Likhitskaya: VP, Operation and Product at HashEx Discusses Importance of Online Security, Smart Contract Use-Cases

We recently connected with Galina Likhitskaya, Vice president, Operation & Product at HashEx, an audit and consulting firm for blockchain or distributed ledger tech (DLT)-enabled projects. Galina talked about the importance of following the best or highest online security standards. She also discussed how smart… Read More

UOB and Digital Securities Exchange ADDX Collaborate On Sustainability-Linked Digital Bond

UOB (SGX: U11) and digital securities exchange ADDX have concluded the digitization and digital custody of the inaugural sustainability-linked bond recently introduced by Sembcorp Industries. This initiative comes amid “a rise in the use of digital securities to enhance the efficiency of bonds and other… Read More

Ethereum Experiences Burst of New User Adoption in Q3 due to NFTs, Bitcoin Records Steady Gains: Report

The team at Coin Metrics, including researchers Nate Maddrey and Kyle Waters have released their State of the Network Q3 2021 wrap-up report. In the latest edition of the State of the Network report, the Coin Metrics team has taken a data-driven look at what… Read More

Heikki Vänttinen: Co-founder at API3 Says Web 3.0 Is the Biggest Growth Opportunity for Businesses since the Inception of the Internet

We recently caught up with Heikki Vänttinen, Co-founder at API3,  a collaborative initiative focused on delivering traditional API services to smart contract platforms in a decentralized and “trust-minimized” manner. It’s governed by a decentralized autonomous organization (DAO), and its code is open-source and its operations… Read More

Internet Computer Community Adopts Threshold ECDSA Signatures Motion Proposal, so Canister Smart Contracts can Hold BTC, ETH

The Internet Computer Community has adopted the threshold ECDSA signatures Motion proposal. All Bitcoin keys and signatures are being generated by using ECDSA. An ECDSA signature allows us to share a public key and create a signature of certain data using their private key. This… Read More

Chainlink Verifiable Random Function has Serviced Over a Million Requests Across Ethereum, Polygon, BSC

Chainlink VRF has enabled over 35 blockchain RNG use-cases. RNG or (secure) random number generator supports smart contracts and off-chain systems in order to access “a verifiably tamper-proof source of randomness.” Since its mainnet launch in October of last year, Chainlink VRF has serviced more… Read More

China’s Public Blockchain Nervos to Integrate with Covalent, an Indexing Solution Provider for DLT Networks

Nervos, China’s leading public blockchain, has revealed that it will be integrating its testnet and mainnet with Covalent, an established provider of indexing solutions for blockchains, “expanding the availability of data on the network and simplifying the experience for developers building on Polyjuice, an Ethereum… Read More

eToro Commits $1M Stake to GoodDollar Universal Basic Income Initiative

eToro, a multi-asset investment platform that empowers consumers to grow their knowledge and wealth as part of a global community of investors, reveals that it’s “reinforcing its commitment to opening the digital economy to the next billion global crypto users.” eToro confirmed in a release… Read More

Digital Asset, a Software Firm Building Interconnected Networks, to Conduct Hackathon

Digital Asset, a software and services provider that assists enterprises with building economic value via interconnected networks, has unveiled a 6-week online hackathon, which will be hosted in partnership with SE2, which is a life and annuities insurance tech and services provider. As noted in… Read More

DeFi, Smart Contracts for Bitcoin: Motion Proposal to Integrate BTC Network With the Internet Computer Approved by Community

A motion proposal to integrate Bitcoin (BTC) with the Internet Computer has reportedly been approved by community members. According to an update shared with Crowdfund Insider, the plan should add smart contracts to Bitcoin via an application of Chain Key cryptography that will “directly integrate… Read More

Bitcoin (BTC) Improvement Proposals Schnorr Signatures, Taproot, Tapscript Ready for November 2021 Launch: Report

Digital assets firm Kraken notes that one of Bitcoin’s (BTC) biggest and most significant upgrades of all time is “just around the corner.” However, Kraken also mentions that very few people really understand its “potential impact.” Kraken Intelligence’s most recent report, titled “Taproot Primer: An… Read More

Global Fintech Circle Says USDC Stablecoin on TRON Facilitates High-Speed, On-Chain Value Transfers

Digital assets firm Circle notes that at the beginning of July 2021, they had announced support for stablecoin USDC on the TRON blockchain, which is one of the largest open (or permissionless) blockchain networks. TRON aims to support a wide crypto ecosystem “popular within Asian… Read More

Polychain and Three Arrows Capital Lead $230M Investment in the Avalanche Blockchain Ecosystem

Polychain and Three Arrows Capital have led a $230 million investment in the Avalanche public blockchain ecosystem. They’ve been joined by R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital and several angel investors and family offices. The Avalanche Foundation will be using the funds from… Read More

First Day With Smart Contract Capability the Latest Cardano Success

The first day with smart contract capability was a good one for Cardano, it reports. Cardano’s recent upgrade to give it smart contract functionality allows developers the ability to create apps on it. Within the first 24 hours, the platform saw more than 100 smart… Read More

Hyphen Acquires Chainlink Grant to Develop Oracle Framework for Tracking Greenhouse Gases, Ozone-Depleting Substances

With the increasing concerns regarding issues related to climate change and various unsustainable agricultural practices, many nations and large enterprises are working via international pledges to establish an ecologically conscious future. Hybrid smart contracts—which are smart contracts that bring together blockchains, Oracles, and API infrastructure… Read More

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