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Italian Banking Association Chose Decentralized Blockchain Route
decentralized application

Italian Banking Association Chose Decentralized Blockchain Route

The Italian Banking Association, Associazione Bancaria Italiana (ABI), chose to leverage the blockchain-based system Spunta, as they could not identify an appropriate single actor to run a centralized system.

Exclusive: Can Web3 Foundation Achieve a Truly Decentralized Web?
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Exclusive: Can Web3 Foundation Achieve a Truly Decentralized Web?

Following the technical underpinnings of Polkadot in Part 1, Jack Platts, Head of Collaborations Web3 Foundation reveals their effort towards the goal of decentralized web! He also explained the governance and technical challenges in achieving a decentralized web!

IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen
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IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen

The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the launch of its testnet of a fully decentralized network, Pollen.

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform
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Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.

Walmart Files Patent Application for Blockchain-Based Drone Communications
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Walmart Files Patent Application for Blockchain-Based Drone Communications

The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.

Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push
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Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push

The Chinese government has released its first-ever blockchain application blueprint regarding government services in the country. According to Beijing’s blueprint, 140 government services applications are already on blockchain and are divided into three categories, including data sharing and exchange, business collaborative processing, and electronic certificate and certificate storage.

DLive Introduces Decentralized Video Streaming to Increase Customer Base By Over 50 Million Monthly Users
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DLive Introduces Decentralized Video Streaming to Increase Customer Base By Over 50 Million Monthly Users

DLive has partnered with Theta Network to offer decentralized video streaming to users.

Polkadot: A Decentralized Center for Specialized Blockchain Interoperability
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Polkadot: A Decentralized Center for Specialized Blockchain Interoperability

Polkadot could be one of the most carefully crafted blockchain projects to date, allowing for better coordination and communication between blockchains.

Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks
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Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks

Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks
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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.

China Looking into the Application of Blockchain and AI for Cross-Border Financing
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China Looking into the Application of Blockchain and AI for Cross-Border Financing

China is researching the application of blockchain technology and artificial intelligence in cross-border financing, focusing on risk management.

UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application
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UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application

Triad, a notable UK provider of IT consultancy services and technology solutions, has partnered with Stratis, a London-based enterprise blockchain technology company, for blockchain-enabled solutions to organizations including a parcel tracking application.

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