Sun, December 22

NFTWars, Transforming NFT Gaming with Layer-2 Blockchain Technology

NFTwars The blockchain industry has witnessed significant developments in the past decade. More financial products have been released that have transformed how we view finance. In recent months many crypto enthusiasts have turned to Non-fungible tokens (NFTs), with the sector experiencing massive growth during this period. Artists of all kinds

March 19, 2021 3 mins read

Blockchain Collectible Firm Sorare Raises $50M for NFT Fantasy Sports

-Blockchain collectible firm Sorare raises $50M for NFT fantasy sports.-The fresh Series A round brings Sorare’s whole funding to $60 million. -Sorare continues to grow its ecosystem with the new funding. Sorare, a blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major firms like Twitter, Instagram, and

February 25, 2021 2 mins read

Chinese Postal Savings Bank Tests a Hardware Wallet for Digital Yuan

-Chinese Postal Savings Bank has created a biometric hardware wallet for digital yuan payments.-Moreover, the biometric hardware wallet enables easy identity verification for users.-Recently, the Xiong’an branch of the Chinese Agricultural Bank also developed a hardware wallet for the digital yuan. The Postal Savings Bank of China has created a

February 17, 2021 2 mins read

Bank of Korea Publishes Book on CBDC’s Legal Issues

-South Korea’s central bank has published a book on legal matters. -Bank of Korea used blockchain technology to manage the transactions in its 22-month long CBDC pilot program.-Moreover, amplification of existing economic inequalities due to “gaps in digital information.” South Korea’s central bank has published a book on legal matters. However,

February 8, 2021 2 mins read

Microsoft Uses Blockchain Tech to Buy Soil Carbon Credits in Australia

Microsoft uses blockchain technology to purchase soil carbon credits in Australia. A total of 43,338 metric tons worth of carbon credits issued to Wilmot Cattle Co. The firm announced that it would search to cut its carbon footprint to zero by the year 2030. Microsoft has utilized blockchain technology to

February 1, 2021 2 mins read

Real Research Sponsored Surveys Partnering Other Blockchain Projects

Real Research partnered with other blockchain-based projects Moreover, the project covers topics such as crypto, blockchain, economy, politics, science, technology, society, and culture. Furthermore, the Real Research survey app attracts over 10 million Indian crypto users. Real Research collaborated with other blockchain-based projects such as Basid, Homeros, and Mobilian for

January 8, 2021 2 mins read

Line Launches Central Bank Digital Currency (CBDC) Platform

LINE, a Japanese messaging giant is building a platform for developing central bank digital currencies (CBDC), as per the report by South Korean news agency the Chosun Ilbo.  CBDC is the cryptocurrency issued directly by central banks to replace real fiat currency. It is generally different from cryptocurrencies such as

October 20, 2020 1 min read

Luxury Watchmaker Breitling Issues Blockchain Based Digital Watch Certificate

Breitling has, a well-known Swiss company has become the world’s first luxury watchmaker to leverage blockchain technology digital watch certificates. Swiss firm partner with Arianee, an open-source protocol for creating digital identities for valuable items, to issue these watch certificates. Every watch sold by the firm will come with a

October 18, 2020 1 min read

Chainlink Acquires Blockchain Oracle Solution From Cornell University

Chainlink has made its second acquisition with Cornell University’s privacy-preserving oracle solution DECO for an unrevealed amount.  Deco Co-Founder Ari Juels will be joining Chainlink as a Chief Scientist. Since 2014, he has been teaching at Cornell University, one of the premier blockchain hubs in the world. He took leave

August 29, 2020 2 mins read

Standard Chartered Bank Conducts First Blockchain Transaction In Bangladesh

On August 16, Standard Chartered Bank successfully leveraged blockchain technology to conduct Bangladesh’s first blockchain transaction by issuing a Letter of Credit (LC) for Viyellatex Ltd. Standard Chartered Bank is the biggest international bank in Bangladesh, with a presence of over 115 years in the country. Viyellatex Ltd is a

August 16, 2020 1 min read