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China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

The People’s Bank of China (PBoC) has published a set of evaluation rules for blockchain-based finance applications. The published rules aim to provide regulatory oversight using three basic standards bordering on technical, performance, and security.

Chinese City Eyes Blockchain Applications for Urban Governance and Smart Education

Chinese City Eyes Blockchain Applications for Urban Governance and Smart Education

Chengdu, the capital of China’s Sichuan province, aims to develop blockchain applications to revolutionize cross-border trade, urban governance, and smart education by 2022.

Finality: A Necessary Condition for Blockchain Applications in Finance

Finality: A Necessary Condition for Blockchain Applications in Finance

Settlement finality is critical in the world of traditional finance. The same applies to decentralized finance built on distributed ledger technologies (DLT).

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities

There are so many problems in the world. I’m sure you can name them. But here is another one: online identity fraud, which is rampant these days. It’s common, threatening everyone doing business online, especially businesses involving their activities in banking/financial services, online payment services, real estate, insurance, travel, and online market industries. Now, let's take a look at how this Estonian startup utilizes blockchain technology to help protect businesses and their clients from online identity fraud.

Explosive Growth in TON Developer Community: A Comprehensive Analysis

Explosive Growth in TON Developer Community: A Comprehensive Analysis

TON's Q4 2023 Developer Report reveals a 22.8% increase in its developer community, highlighting over 500% growth in active developers and significant advancements in blockchain technology and community engagement.

Polygon Co-Founder Proposes zk-Powered ApeChain

Polygon Co-Founder Proposes zk-Powered ApeChain

A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.

UAE Crypto Insights: 72% Investors Lean Towards Bitcoin

UAE Crypto Insights: 72% Investors Lean Towards Bitcoin

The UAE's crypto investors, according to a survey by KuCoin, are overwhelmingly in favor of Bitcoin, highlighting the need for trust, security, and crypto education, as well as a keen interest in blockchain and AI integration, indicating the country's potential as a crypto hub.

Trademark Applications Show Western Union Entering Crypto Space

Trademark Applications Show Western Union Entering Crypto Space

Western Union has registered trademark applications associated with cryptocurrency and related financial instruments.

Demand for Zilliqa Blockchain in Play-to-Earn Games Gains Steam

Demand for Zilliqa Blockchain in Play-to-Earn Games Gains Steam

Zilliqa, a public blockchain that offers solutions to decentralized applications (dapps) and enterprises, is emerging as one of the sought-after networks in the esports industry based on notable partnerships.

CertiK: Crypto Social Media Scams Surge

CertiK: Crypto Social Media Scams Surge

CertiK discusses the growing threat of crypto scams on social media, citing a FTC report revealing over $1 billion lost in the 18 months leading to June 2022, with nearly half coming from social media interactions. It suggests preventive measures like hardware wallets and smart contract security audits.

Blockchain in Fintech Sector Expected to Hit $31.4B by 2030

Blockchain in Fintech Sector Expected to Hit $31.4B by 2030

Blockchain in the FinTech market is anticipated to reach $31.4 billion by 2030, given that the penetration of this cutting-edge technology in the financial industry has boosted app-based operations.

EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum

EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum

The EOS Network Foundation has launched the EOS EVM mainnet, which emulates Ethereum's Virtual Machine and aims to improve interoperability between EOS and Ethereum. This allows for the deployment of decentralized applications (DApps) written in Solidity, offering access to lower fees and faster transactions of the EOS network. Other projects have also been prioritizing EVM compatibility, including Astar Network's smart contracts and Polygon's zkEVM.

CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed

CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed

CharacterX, a Stanford-initiated decentralized AI social network, secures $2.8M funding, blending AGI and blockchain to innovate social interactions, with significant user growth and technological advancements.

Sui Foundation Allocates Over $1M to 17 Emerging Projects

Sui Foundation Allocates Over $1M to 17 Emerging Projects

The Sui Foundation has earmarked over $1.05 million for 17 new projects aimed at bolstering the development and adoption of Sui. This initiative encompasses a wide range of sectors within the Sui ecosystem, including DeFi, gaming, and on-chain solutions, showcasing the foundation's dedication to fostering innovation and expanding the decentralized platform.

ConsenSys Acquires Hal to Improve Alerts

ConsenSys Acquires Hal to Improve Alerts

Infura co-founder Eleazar Galano said the startup would cover holes in crypto ecosystem app development.

Chinese Firms Hold Overwhelming Majority of Global Blockchain Patents

Chinese Firms Hold Overwhelming Majority of Global Blockchain Patents

Chinese firms have been stockpiling blockchain patent applications leaving other nations behind and outpacing the United States 3 to 1.

How Dapps Will Become Superior Over Apps

How Dapps Will Become Superior Over Apps

Blockchain has made the creation of DApps (Decentralized Applications) a reality. The benefits rendered by DApps considerably out-weigh those presented by Apps (Applications).

What is Tezos?

What is Tezos?

Tezos, a promising new blockchain-based platform for building smart contracts and decentralized applications (dApps).

Alibaba Group and COFCO Group Signed a Memorandum of Cooperation through Blockchain Technology

Alibaba Group and COFCO Group Signed a Memorandum of Cooperation through Blockchain Technology

There are more and more blockchain applications. recently, Alibaba group and COFCO group signed a blockchain-based memorandum of cooperation.

Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals

Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals

The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.

Ant Blockchain Open Alliance Seeks to Minimize Costs for SMEs

Ant Blockchain Open Alliance Seeks to Minimize Costs for SMEs

Ant Blockchain Open Alliance, an enterprise blockchain platform by Chinese financial giant Ant Financial, is purported to aid SMEs in generating their own blockchain applications at minimal costs.

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock has released an updated framework called ArcBlock Blockchain Platform 1.0. It will assist businesses and developers to quickly manage and build decentralized applications and blockchain networks.

Smart Contract 101: MetaMask

Smart Contract 101: MetaMask

MetaMask is a crypto wallet & gateway to blockchain apps. It also a tool for interacting with decentralized applications (DAPP).

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