In order to improve its Know-Your-Customer (KYC) solution, Deloitte Switzerland has partnered with Polkadot’s KILT protocol. This newfound interest in blockchain technology to enhance compliance procedures is especially relevant to the banking sector. Intriguingly, using blockchain for Know Your Customer checks might drastically cut down on expenses, speed up operations,
In the last several weeks, significant progress has been made on Polkadot, a network protocol that enables a multi-chain application environment. A similar pattern was seen in February of 2023, as previously reported. However, the $DOT cryptocurrency, like the rest of the crypto market, is affected by the general dynamics
Mandala, the cross-platform game and interoperable metaverse, will unveil its cross-chain metaverse on Polkadot, the full-stack multi-chain ecosystem and community powering the campaign to build a better web. On April 28, Mandala will release the Cryptonauts NFT collection on the Astar Network as a way to announce its entry into
Ethereum (ETH) emerged to offer smart-contract functionalities that the Bitcoin network could not support. Following that, Ethereum’s competitors rose to provide alternatives to its lingering problems, but they have not yet succeeded. However, Ethereum is currently posing some challenges due to the new “Bots and Sandwich Attack.” So-called “Ethereum killers”
Another reliable system for crypto is being developed, and it involves everything from blowtorching computers to employing radioactive dust from Chernobyl. This is the biggest one so far. Manta Network’s development team, P0xeidon Labs, has revealed that they would be using a trusted setup ceremony to introduce their private payments
In late 2015, I (Dr Gavin Wood), Aeron Buchanan, TJ Saw, Ken Kappler, and Jutta Steiner launched what would become Parity as EthCore; a year later, Björn Wagner also joined the team as a co-founder. We did not place a high value on rigid job titles in those early days
Swiss cryptocurrency services provider Bitcoin Suisse is enabling token holders within the Polkadot ecosystem to participate in governance voting when their digital assets are securely stored within its Bitcoin Suisse Vault service. Polkadot, its canary network Kusama, and all of its parachains rely on on-chain governance, ensuring that the community
A vote permitted LPs to withdraw liquidity from pools or unstake LP tokens. There was a reported minting mistake of 3.022 billion aUSD. The Acala Network said on Monday that it has resumed operations after the mining failure involving its stablecoin aUSD. Thanks to a vote permitting LPs to withdraw
Dogecoin became the second-largest cryptocurrency that uses the PoW consensus. DOGE has overtaken DOT and reclaimed the tenth position in the ranking. Dogecoin traded at $0.057177 with a trading volume of $316,233,477. In terms of market value, Dogecoin (DOGE) surpassed and overtaken Polkadot (DOT). According to data from CoinMarketCap, DOGE
Members of the Polkadot blockchain community and anyone else for that matter are being encouraged to make use of what’s said to be the world’s first open-source, on-chain-funded typographic font, Unbounded. The new font was developed by Polkadot creator Web3 Foundation with funding from the Polkadot Treasury, a DAO that
