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Tag Archives: Blockchain Adoption

Swiss SEBA Bank Completes Series B Fundraiser

Switzerland’s SEBA bank successfully completes a series B fundraiser, giving further merit to the notion that the country is becoming a hub for cryptocurrency business.Another Successful FundraiserThe Swiss start-up bank has officially completed its second stage of capital fundraising. The institution which sells cryptocurrencies to its customers has been planning the Series B phase since January this year.According to an official publication, the bank has just executed its Extraordinary...

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Is Blockchain The Answer To COVID-19 Led Misinformation and Rumor Mongering?

In the past 10 months, COVID-19 literally brought the world to its knees. But the pandemic, as it turns out, has been less of a pandemic and more of an infodemic. The internet was teeming with a deluge of news reports, stories, blog articles, and ‘guidelines’ on ‘how to stay safe out there’.And what percentage of this content is actually worth relying upon? Which source to trust, and which one to shun? Why has this global catastrophe become a breeding ground for misinformation and rumor...

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DeFi Coming to Social Media: Potential Solutions to an Antiquated Field

Social Media platforms, despite being a tale of the modern society, remain largely antiquated. While we browse through different profiles on our phones, we oftentimes forget that it’s one single entity behind the curtains. One central organization that can pull the plug and control the entire thing.It is here where the promise of blockchain-based technology, being inherently distributed and decentralized, sounds particularly appealing. And there are plenty of projects already working on...

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Dapper Labs’ Gaming-Focused Blockchain is Almost Ready: Flow Port is Now Live

Blockchain development studio Dapper Labs recently announced a major advance towards the launch of the mainnet for its Flow blockchain. As of November 27, 2020, users will be able to experience Flow Port to interact with their products.Dapper Labs is the development group responsible for Crypto Kitties – the most famous collectible application of the crypto-verse at the time – and NBA Top Shot, an NBA-licensed collectibles dApp.Flow: The Next Big Thing Since CryptoKittiesFlow is the most...

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Bitrue Employs Provably Fair Chainlink Oracles for Daily XRP Raffles

Global cryptocurrency exchange and digital asset management platform Bitrue has moved to strengthen the security of its daily XRP raffles by integrating Chainlink technology.Bitrue Implements Chainlink VRFChainlink’s Verifiable Randomness Function (VRF) was selected specifically by the Bitrue team to add tamper-resistant transparency to its daily random number lottery, where users can win a share of a 240,000 XRP prize pool.Using Chainlink VRF, every random number generated by users on the...

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Crypto.com Launches Visa Cards for Canadians

The forthcoming Crypto.com Visa cards for Canadian citizens are reportedly coming early next year and are considered another step in the country’s recent turn towards cryptocurrency adoption.Visa Cards For Canadians As Early As January 2021The digital assets exchange and app Crypto.com has officially announced that citizens of Canada are now able to apply for its Visa cards. Plans are for the shipment of new cards to begin in January next year. The country is the most recent addition to the...

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US Regulator Wants to Put an End to Unfair Practices Against Crypto Businesses

2020 was a tough year for crypto, but it seems like the last few months are trying to compensate hodlers for the bad times. And now, the Office of the Comptroller of the Currency is bringing more good news to the crypto space.A recent regulatory proposal issued by the OCC seeks to ensure that crypto businesses enjoy the same facilities when it comes to having a bank account as any other legitimate endeavors.No More DiscriminationIn short, the OCC wants to end with the silent discrimination...

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TomoChain Partners With Vietnam’s Ministry of Education and Training

The public blockchain project TomoChain has signed an agreement with Vietnam’s Ministry of Education and Training to provide DLT services. As a result, all certifications achieved by students in High School and Higher Education will be uploaded to the TomoChain blockchain network. TomoChain Enters The Vietnamese Market The Singapore-based blockchain company powered by a proof-of-stake voting consensus announced the new partnership in a press release shared with CryptoPotato....

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Can Blockchain Technology Eradicate Voting And Election Issues? MIT Says No

The world just witnessed the deeply debated (only from the ones who lost) results of the 2020 US Presidential election. More than a week ago. Republican party members, including their leader and the 45th President Donald Trump, crying foul calling the polls rigged. Nonetheless, Joseph Biden will take up the coveted position as the leader of the nation. The election process was carried out using the good old paper ballot system. Could blockchain replace it and make the vote...

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FC Bayern Munich Rolls in a Blockchain-Based Virtual Football Craze

European soccer giant Bayern Munich enters the world of now-trendy virtual football. The German sports club is to follow other famous soccer teams in Sorare – an Ethereum-based fantasy soccer digital platform. In The Virtual Company Of Over 100 Other Soccer Clubs FC Bayern Munich is among the most prominent German sports teams in the world and is now accompanying more than a hundred other clubs, which are part of Sorare. As per a recent report from this week, Bayern will be...

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