The entire innovation being churned out by the XSL Labs is based on a decentralized system and the protocol will be deploying its DApp is called ONE. ONE will help enhance the interoperability of all services that will use SDI.French-based blockchain-based digital identity startup XSL Labs is developing a digital identity solution that is set to restore power to owners of data in a decentralized manner. The solution dubbed the Secure Digital Identity (SDI) is the brainchild of Georges...
Read More »Polkamarkets Disrupting Prediction Markets with Its DeFi-Powered Platform
Polkamarkets will enable participants to find yield through decentralized exchange, lending, farming and providing liquidity for others to use.Polkamarkets, a DeFi-powered prediction market, is introducing an innovative approach to the forecasting markets. The platform uses blockchain technology to open up the market to more people across the globe whilst providing them with alternative means of earning from their prediction of real-world events.Polkamarkets is built on the Polkadot...
Read More »Gamer Shells Out $1.5 Million For Virtual Estate, Sets New NFT Sale Record
The explosive growth of Non-Fungible Tokens (NFTs) has opened up the blockchain industry to a new realm of endless possibilities.They have allowed for the existence of rare assets reminiscent of those in our conventional world, and virtual reality gamers are throwing their weight behind by splurging on these assets. An Axie Infinity gamer recently paid 888.25 ETH (worth $1.5 million at the time of purchase) for a virtual estate, breaking the previous record of $800,000 paid by Polyient Games...
Read More »Deutsche Telekom Stakes on Blockchain after Supporting Chainlink
Deutsche Telekom has over the years focused on providing complex infrastructure providing the internet. For this reason, it is not far from its goal to provide infrastructure support to the recipients. The largest communication company in Europe by revenue Deutsche Telekom AG (ETR: DTE) has silently begun staking on Dapper Lab’s Flow Network, said to be an ultra-scalable proof-of-Stake blockchain through its subsidiary T-Systems Multimedia Solutions. The company has decided to proceed with...
Read More »Matic Network Becomes Polygon and Focuses on Ethereum Scaling
The popular Layer-2 scaling solution for the Ethereum blockchain, Matic Network, has rebranded its project to Polygon. Upon the name change, Polygon also announced plans to enhance its support for the Ethereum network to scale faster and reduce the growing transaction costs.Matic Network Becomes PolygonKnown as Matic Network until today, the project serves as an open-source scaling solution for the Ethereum network, backed by two of the world’s largest cryptocurrency exchanges – Binance and...
Read More »Launchpool Showcases Egalitarian Investment Model in Dynamic World of Crypto
By staking LPT, a holder of the asset would be able to access an equal portion of whatever deal is on offer.One undeniable fact is that launching a project on blockchain can be very challenging for beginners and even experts in the field. To overcome this challenge, a project that is able to ameliorate the current situation by making every stakeholder involved in the system feel a sense of belonging and an equal footing in the dealings of the project.This is where a project like Launchpool...
Read More »Tesla kauf Bitcoin im Wert von 1.5 Milliarden Dollar – Bitcoin-Preis auf Allzeithoch
Tesla Modell 3 Nach einem Investment des US-amerikanischen Elektroautopioniers Tesla in Höhe von 1,5 Milliarden in die Kryptowährung Bitcoin ist dessen Kurs sprunghaft auf die Marke von 44.000 Dollar geklettert. Damit notiert der Kurs auf Tagesfrist um rund 15 Prozent höher. Tesla will außerdem in Zukunft Zahlungen für seine Produkte auch in der Währung Bitcoin akzeptieren....
Read More »StablyUSD (USDS) Launches On The Tezos Blockchain To Lower Transaction Costs
The regulated stablecoin fully backed by the US dollar, Stably USD (USDS), will launch on the popular public blockchain – Tezos as a part of an ongoing collaboration between the two parties. The stablecoin issuer aims to target lower fees with the Tezos network, which recently went through an upgrade that decreased the costs by about 75%.USDS Comes To TezosIssued until now on the Ethereum blockchain, Stably USD (formerly known as StableUSD) is a US dollar-pegged stablecoin fully backed 1:1...
Read More »Ethereum Surges to Reach Tallest Price Peak Yet
Ethereum – the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin – has shot up like no other currency this week. The asset has lost much of the attention thanks to bitcoin once again rising beyond the $37,000 mark in the past few days, but it has still set a new precedent and has traders talking about what’s to become of the world’s primary altcoin.Ethereum Is Growing Like No Other CoinEthereum initially began in 2015, which makes it considerably...
Read More »Xfinite Taps Power of Algorand Blockchain to Launch Its First dApp Mzaalo
Xfinite will run a fair and transparent ecosystem that will utilize Algorand’s Protocol Evolution system to power community consensus-based governance and decentralized finance initiatives.Xfinite, a new generation digital media platform has tapped the power of the Algorand blockchain to launch its first dApp dubbed the Mzaalo. The Xfinite platform is a blockchain-based ecosystem with the aim to create an engaging ecosystem based on trust, transparency, and inclusivity. Xfinite is built with...
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