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What is trustless? trustless news, trustless meaning, trustless definition - Blockchain.News
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trustless

Paxos—Regulated and Rising above Trustless Tether and Lost Libra

Paxos—Regulated and Rising above Trustless Tether and Lost Libra

In this second part of our interview with Cascarilla, he explains why the PAX stablecoin is ultimately superior to Tether and gives his thoughts on Facebook’s Libra project and the nature of money.

Trustlessly purchasing an NFT on Flare using the token of a different blockchain.

Trustlessly purchasing an NFT on Flare using the token of a different blockchain.

The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place on a different chain using a different token. The demo was performed on Flare’s canary network, Songbird, with the purchase made using DOGE and XRP tokens.

Frankfurt Main Finance: Establishing Trust Between Continental Networks

Frankfurt Main Finance: Establishing Trust Between Continental Networks

Frankfurt Main Finance is one of the founding members of the World Alliance of International Financial Centres (WAIFC). The mission of the Alliance is to establish transparent networks that facilitate cooperation and sharing of best practices for financial centres globally in the face of breakthrough technologies and rapid social change.

iComply on FATF Travel Rule: Cryptocurrency is Meant to be Trustless, Not Anonymous

iComply on FATF Travel Rule: Cryptocurrency is Meant to be Trustless, Not Anonymous

iComply Investor Services (iComply) is a regulatory technology (Regtech) company focused on making financial markets more robust, secure, and efficient. We asked their CEO, Matthew Unger for his take on 2019 FATF Travel Rule Guidelines and find out what these recommendations really mean and how should exchanges or VASPs observe them?

Ethereum and EOS Blockchain Used by Associated Press to Publish US Presidential Election Results

Ethereum and EOS Blockchain Used by Associated Press to Publish US Presidential Election Results

Associated Press (AP) has used Ethereum and EOS blockchains to publish voting results for the United States Presidential Election.

Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks

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.

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

Ant Group priced its dual listing on the Hong Kong Stock Exchange and Shanghai's Star Market at 80 Hong Kong dollars ($10.32) and 68.8 yuan ($10.26) per share respectively,

US Election Results to be Published on the Blockchain

US Election Results to be Published on the Blockchain

Everipedia, the blockchain-based encyclopedia has teamed up with international newsgroup The Associated Press (AP) for the upcoming US election in November.

Chainlink (LINK) Price to Gain Bullish Momentum Despite Broken Correlation with Bitcoin

Chainlink (LINK) Price to Gain Bullish Momentum Despite Broken Correlation with Bitcoin

Chainlink has not seen any upside strength recently, even though Bitcoin has been able to rally over 4% in the past 24 hours. What's next for LINK?

Bitcoin Bull Tim Draper Pushes for Better SEC Regulation and BTC as the National Currency under Biden

Bitcoin Bull Tim Draper Pushes for Better SEC Regulation and BTC as the National Currency under Biden

As the transfer of presidential power from Trump to Joe Biden looms, many have been anticipating it. What will it mean for Bitcoin and crypto?

Blockchain: Everything You Need to Know

Blockchain: Everything You Need to Know

Blockchain, the underlying technology of bitcoin, was once just a buzzword but is now an irreversible trend that has the potential to reshape human society.

Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.

KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report

KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report

The PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.

Blockchain: The Trust Alternative to the History of US National Credit?

Blockchain: The Trust Alternative to the History of US National Credit?

A conscientious look over the last few centuries would reveal that the brief history of the United States is riddled with national credit defaults. In all these instances, the people and the businesses relying on the fiscal value agreements they had made with the Central credit agency found their trust hopelessly misplaced. How can blockchain be leveraged to break the cycle of U.S. National Credit Default?

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