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Developments Happening in the Blockchain Sector - July 8th

Posted by Simon Keighley on July 08, 2021 - 9:07am

Developments Happening in the Blockchain Sector - July 8th

Developments Happening in the Blockchain Sector - July 8th

Wyoming legally recognizes first DAO in the United States

Wyoming is further solidifying its position as the most crypto-friendly state in North America.

The crypto-friendly state of Wyoming has approved the first legally recognized decentralized autonomous organization (DAO) in the United States.

The American CryptoFed DAO received notice from the Wyoming Secretary of State’s office on Tuesday recognizing it as a legal entity, according to a Sunday announcement. Marian Orr, CEO of the American CryptoFed DAO, stated:

“Wyoming is the leading digital assets jurisdiction in the USA, and now with this DAO law, Wyoming is arguably the top blockchain jurisdiction in the world. What this means is that creating a true digital currency with mass acceptance is now possible.” Read More


 

Businesses told blockchain technology could help save money

Greater awareness and understanding of blockchain technology could help businesses save money and improve transparency with consumers.

Blockchain technology is best known for underpinning crypto assets, such as bitcoin, but the technology can also be used to improve transparency within businesses.

A blockchain is essentially a digital record of data that is not controlled or managed by a central authority. This record is visible to anyone in the world to view and update, depending on what permissions they have. Read More


 

How this trading platform is helping users hold on to their crypto

Holding on to cryptocurrencies can be difficult at the best of times, but this trading platform is offering a solution that may make things easier.

eToro supports staking, which means that those who purchase and hold supported cryptocurrencies on its platform have a way of growing their capital.

According to the platform, the mechanism that’s used to achieve this is not dissimilar to the way that interest accrues in a savings account.

With many people beginning to gain exposure to crypto for the first time, eToro says it aims to ensure that the staking process is “simple, secure and hassle-free.” Read More


 

MARKETHIVE’S NEW INTERFACE - AN INITIAL OVERVIEW ILLUSTRATED

MARKETHIVE'S NEW INTERFACE - AN INITIAL OVERVIEW ILLUSTRATED

The Markethive Social Market Broadcasting Network becomes more prominent daily as the blockchain-driven ecosystem for entrepreneurs with a non-adversarial, bi-partisan free speech ethic and the collaborative culture we rarely see on social media platforms today.

The whole interface is streamlined and purposely created in a horizontal fashion with minimal to no advertising, so it is not overwhelming for the average and new user. So many websites, blogs, and digital media articles are so cluttered up with vertical side columns and advertisements, making it annoying and virtually impossible to read or comment on the site. 

Markethive has always been a pioneer and ahead of the curve, initiating a social network before social media became a thing, starting with Veretekk in the nineties. It is a Divine inspiration, a vision that is coming to light. It’s one of integrity and can command authority with its clean, polished new look and navigation. Read More

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What Dfinity’s Internet Computer Means for the Future of Crypto

Dfinity is attempting to disrupt the global cloud computing industry with a blockchain-based solution. If successful, it could disrupt crypto too.

  • Dfinity is attempting to disrupt the cloud computing industry.

  • Its technology is designed to allow companies to build and deploy software into secure online environments.

  • Cryptocurrencies are currently reliant on centralized cloud service providers to provide their decentralized services. Read More


 

RSA Conference Takes Heat For Suggesting That Blockchain Replace the Internet's Most Important Protocol

Computer security experts were baffled by the suggestion promoted by a major industry conference.

  • RSA Conference promoted a blog post suggesting that the Internet’s main protocol TCP/IP be replaced with blockchain.

  • TCP/IP and blockchain serve different purposes and are not interchangeable.

What’s the quickest way to turn Cybersecurity Twitter against you?

As the organizers of the RSA Conference, a major gathering of computer security experts, discovered today, it’s to propose replacing the Internet’s main protocol, TCP/IP, with blockchain. Read More


 

Blockchain-based Polys introduces new voting methods and usability improvements

Polys, a blockchain-based voting platform from the Kaspersky Innovation Hub, has been enhanced with new voting methods to support common customer requests. 

The platform has also been updated with new features for organizers that make election administration and orchestration easier. 

Over the past year, various aspects of people’s lives have moved online, including making joint decisions. That has led to the number of sessions on Polys increasing threefold in this period. 

The immutable and decentralized nature of blockchain makes it a perfect technology for e-voting in conditions and industries with high-security requirements. And with the growing popularity of blockchain-backed elections, the need for new voting methods appeared. 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.

 

 

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Simon Keighley Thanks for reading about these new blockchain developments, Corneliu.
July 8, 2021 at 9:25am
Corneliu Boghian good info , thanks for sharing
July 8, 2021 at 9:23am