Tag Archives: Industry and Adoption

A new report from investment immigration consulting firm Henley & Partners reveals that Singapore is the global leader in cryptocurrency adoption. The report, part of the Henley Crypto Adoption Index 2024, highlights Singapore’s top position due to its supportive regulatory environment and widespread public use of cryptocurrencies. The survey also revealed that out of 60 points, Singapore was leading with 45.7 points in the index. Singapore has been ranked highly because of its advanced...

Hong Kong has introduced a sandbox for Project Ensemble, a wholesale central bank digital currency (CBDC) project. This initiative brings the region closer to integrating tokenization within its traditional financial industry. Wholesale CBDCs are designed for use by financial institutions, unlike retail CBDCs, which are meant for the general public’s everyday transactions. Wholesale CBDCs focus on interbank settlements and large-value payments. The sandbox is launched by the Hong Kong...

Edo State and INTMAX work together to improve digital governance through blockchain technology. The alliance intends to empower government services through cutting-edge technology. The Nigerian Ministry of Digital Economy, Science, and Technology in Edo State has formed a strategic partnership with INTMAX, a leading developer of Ethereum Layer 2 solutions. This alliance aims to accelerate the regional adoption of blockchain technology, indicating a significant step ahead in Nigeria’s digital...

India’s CBDC has attracted 5 million users and 16 banks. The RBI is in no rush to launch a full-scale CBDC program yet. India’s CBDC program has onboarded at least 5 million users and witnesses participation from 16 banks, revealed Shantikanta Das, the Governor of the Reserve Bank of India, the country’s central bank. In his talk on Monday in the Indian city of Bengaluru, Das mentioned the magnitude the program has grown to, but made the RBI’s stance on taking it slow clear. “It is important...

In the world of online gambling, transparency and fairness have long been critical concerns among players. However, with the integration of blockchain technology in the iGaming industry, a new era of trust has emerged. Provably fair Bitcoin casinos like Crypto.Games leverage this technology to offer a new level of transparency. By using cryptographic algorithms, these casinos allow players to verify the fairness of each game outcome through seeds and hashes. This...

Dubai, April 17, 2024 – The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai. Representatives of the crypto industry have always stood apart, largely due to their unique character and the nature of their activities. After all, they are pioneers. And the most massive flood in Dubai in the last...

The Vara network’s unique approach stands out as a potential game-changer for improving scalability and execution. A detailed report by Messari confirms this, explaining how the Vara Network’s actor model provides a technical foundation on which new innovative blockchain applications can be built. The project achieves this by introducing new features, including signless transactions, that could greatly increase the platform’s adoption, particularly in the gaming...

The large-scale сollaboration, featuring a mixture of technology and digital art, boasting a total of 240 square meters of displayed paintings, will be unveiled at Blockchain Life in Dubai next week. The partnership of Uminers, a major international mining company, and a graphic artist Sandra Kowalskii brought to life a fusion of art, crypto, and innovation on an unprecedented scale. The series of digital art pieces enrich the exhibition space at Blockchain Life...

According to Coincu, the short video platform Cheelee changes the SocialFi industry by combining the D2E approach, gamification, and social media service with a smart feed. The social network changes the way users interact with content by paying them LEE tokens, its native cryptocurrency, for scrolling through the feed. LEE can be exchanged for other cryptocurrencies or used to acquire digital glasses, the special NFTs aimed to boost users’ income. Creators also...

Alex Reinhardt stands out as a prominent figure who has made a significant impact on the rapid development of the blockchain industry. Renowned as a visionary leader in the realms of international business, venture capital, and coaching, Reinhardt has established his position as an expert in blockchain technology and company formation. Throughout his illustrious career, he has remained dedicated to fostering innovation, education, and empowerment. Under his...