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How blockchain technology can disrupt financial services
Blockchain expertise has the potential to vary the world – no less than from a monetary perspective. Specialists at Horváth lay down the expertise’s disruptive potential, and a few pitfalls.
Merely put, blockchain is a safe, decentralized, and clear instrument that information monetary transactions in a big, distributed ledger. Transaction data is publicly seen – a verification instrument – whereas the decentralized nature of recorded information makes it safer, and quick.
Two traits make up the monetary world as it’s: every transaction goes by a middleman similar to a financial institution, funding home, or different monetary establishment; and every transaction goes by a number of phases of checks and verification to make sure legality. In actual fact, the researchers establish 9 providers that go into every transaction – from authentication to verifying worth trade. Read More
The Future of Music: How Blockchain Solves Multiple Industry Problems
Over the course of this year, we’ve seen a massive surge in blockchain technology, and everything surrounding it, from NFTs and cryptocurrencies to decentralized marketplaces, tech companies, and much more. Though the technology has been around for more than a decade, this exciting new digital world is receiving more and more acceptance from the general public, and it’s safe to say that blockchain technology undoubtedly has the potential of disrupting the music industry for good, in the years to come.
Blockchain is a decentralized data structure that holds records of—most notably—digital transactions. You may have heard about NFTs amidst the recent media frenzy following Beeple’s 69 million dollar sale of his NFT, which drew international headlines.
When it comes to NFTs, blockchain comes in handy as the perfect way to create proofs of authenticity for digital content; if implemented correctly however this technology can help solve a lot of issues within the music industry and make artists and fan's lives much easier. Read More
Music NFT platform Opulous to Launch Token Offering on June 30, what is it?
Music NFT platform Opulous is going to launch its Algorand ASA and ERC20 $OPUL token offering on June 30 via the TrustSwap launchpad.
TrustSwap, an Ethereum-based DeFi ecosystem, and launchpad announced the news in a blog post on Monday, June 30. According to the announcement, the OPUL token will be an ERC 20 and Algorand Standard Assets (ASA) token.
Opulous is the first platform of its kind, bringing Decentralized Finance to the music industry. The platform will connect investors and music fans with their favorite artists, as well as enjoy rights and royalties associated with an artists’ copyright through NFT technology, smart contracts, and blockchain within a decentralized architecture. Read More
THE RISE OF BINANCE AKIN TO THE MARKETHIVE JOURNEY
The similarities in many aspects between Binance and Markethive are significant. The Name Markethive is the culmination of the two words, “market” and “hive.” Market is the representation of inbound marketing, product diversity, e-commerce, and Hive represents an active social network of entrepreneurs and collaboration.
It is the first social market broadcasting network built on blockchain technology, with a fungible coin (Hivecoin) that the Markethive community and 3rd parties will utilize. This makes it a complete ecosystem in the social media and marketing niches. Markethive’s mission is to deliver a decentralized and autonomous environment to the masses, free from the oppressive oligopoly that is rife in our online world.
Markethive’s proactive approach in building and relocating to its own servers to counter the agenda-driven withdrawal of hosting services from the major cloud service providers that other platforms fell victim to is just one of the many facets that will ensure Markethive’s solid and sustainable future. Read More
Clean, Limitless & Continuous Power to be Built Using "Modified Blockchain" on a Far Field Wireless Charging Platform
HUNTINGTON BEACH, Calif., June 29, 2021 /PRNewswire/ -- Voice Life Inc. with its Far Field Wireless Charging Platform and Verge Currency with its open-source blockchain community-driven cryptocurrency "XVG" and are entering into a Memorandum of Understanding (MOU) with a Decentralized Autonomous Organization "DAO" "rLoop".
Under the terms of the MOU, Voice Life, Verge and rLoop will work collectively on expanding the Voice Life's Far Field Wireless Charging Platform. The goal is to create and build a novel far field wireless transmission for a continuous, clean, and limitless charge to smartphones, IoT devices, and autonomous vehicles. Read More
Hype is over: How NFTs and art will benefit from each other moving forward
Leaving the hype behind, NFTs coupled with the art market can significantly improve and even transform the art industry in many ways.
Due to the past nonfungible token (NFT) boom, the crypto and art communities have been collaborating closely — maybe for the first time in history. In both industries, there is a lot of skepticism and misunderstanding. As we make our way out of the NFT bubble, what is expected to come next? This deep dive describes a long-term vision of the NFT and art market development that could appeal to both worlds. Read More
Jay Z breaks down how blockchain could be the key to artist empowerment
Jay elucidated blockchain technology's potential help for artists by breaking down how a 1982 painting from the late Jean-Michal Basquiat could go from being purchased from $2,500 in the '80s to resold for an obscene $110 million in 2017 to a Japanese billionaire without anyone in Basquiat's family receiving any profits. Blockchain may be technologically complex, but Jay sees a way to fix bad contracts by literally replacing them with smarter ones.
"With these blockchains and smart contracts, you can write the contract today to say 'Any sale that happens, I want to receive 50% on the first [sale], 40% on the next [sale]. There are so many creative ways you can participate and let others participate," Jay explained. "It's transparent, so there isn't any hiding behind any fancy words, lawyers or et cetra." Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
