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Startup CXIP Labs Sets Sights on Verifying NFTs to Protect Artists
As non-fungible tokens (NFTs) continue to make headlines, a startup is trying to ensure that artists are protected by verifying their artwork.
NFTs have become all the rage lately with auctions routinely reaching into the seven-figure range. This rise of NFTs has also brought about a number of issues that continue to hang over the industry such as gas fees, a confusing process, as well as theft are a few examples.
A new startup, CXIP Labs, is committed to solving the latter issue by providing minting services that can be used across different marketplaces. Read More
Can blockchain and MPC technology protect the integrity of auctions?
The integration of blockchain technology into the auction process offers a unique digital infrastructure for trading. Although blockchain is secure and immutable, there is one challenge: blockchain itself does not ensure confidentiality. When it comes to auctions, this presents a problem as confidentiality is of utmost importance in most auctions.
By pairing blockchain technology with Multi-Party Computation (MPC) technology, however, it is possible to solve the confidentiality issue. In its ability to operate on multiple nodes, computing directly onto encrypted data while maintaining zero knowledge about the data, MPC solves the privacy issue. Read More
The Humanistic Values Of Cardano And Markethive - A Divine Synergism:
Markethive, the social market network, and Cardano, the blockchain technology company, are congruent in many areas. Apart from both being blockchain projects, the spiritual, humanitarian aspect is a major common denominator with the synergistic purpose of manifesting personal and financial sovereignty, delivering freedom and connectivity to emerging countries, aligning them globally. Read More
Beyond Bitcoin and Ethereum – Value Drivers Advancing Blockchain Adoption
In addition to being a distributed database of records enabling digital innovation in the financial markets via cryptocurrency, blockchain technology has attracted the gaze of the business fraternity for quite some time now. In its basic form, blockchain already offers a secure record in the form of distributed ledgers, security via digital signatures, immutability as the consensus mechanism sets in, and tokenization via cryptography.
As the technology matures further, we are witnessing a multitude of value propositions and opportunities that, when incorporated into a business, can change the way it works. Early adopters of the tech present to us some wonderful use cases of blockchain. Read More
Pirate Chain – a Blockchain That Keeps the Pirates Away from What You Treasure the Most
Started in 2018, Pirate Chain is considered the most private and secure cryptocurrency that implements industry-leading privacy protocol based on a sound strategy. Using Pirate Chain’s native ARRR cryptocurrency for transactions ensures complete privacy and security by default, something that is not offered by any other privacy-centric cryptocurrencies so far. Read More
Bitcoin helped the unbanked. Now, this project helps them get justice, too
The move to a digital world, and the proliferation of cryptocurrencies, has unlocked exciting opportunities — but it’s also created new problems that need to be solved.
A new DApp offers an escrow service for transactions involving cryptocurrencies, as well as a decentralized arbitration service that delivers resolutions quickly and inexpensively — irrespective of how complicated the dispute is.
PayrLink says its solution is vital because we’re increasingly living in a world where everything happens online, meaning that it’s hard to trust anyone. As the project’s whitepaper explains: “The days of meeting people, shaking their hands, doing a deal is long gone. We need to feel safe and private when doing transactions online.” Read More
Cardano Deploys First Simple Smart Contract On AlonzoBlue Testnet
ADA moves with the general market sentiment, undecided, and with no clear direction. However, the bullish case for Cardano revolts around the deployment of its smart contract capabilities, and IOG, its developer, has been making important progress.
At the beginning of June, this company launched the first testnet for the platform’s Alonzo era, AlonzoBlue. This phase in Cardano’s development has the objective of stress test their smart contract platform, Plutus. Read More
DeFi will bring global revolution to the traditional finance space
DeFi has marked the birth of an open alternative to the current financial system, promising broader financial inclusivity.
Decentralized finance came to life with the inception of Ethereum in 2013. However, it truly hit the ground running in 2016–2017 with the backing of Ethereum developers and some entrepreneurs and experts in the financial investment sphere. To get our facts right and clear all misconceptions, DeFi encapsulates a variety of financial applications in cryptocurrency or blockchain that are geared toward removing intermediaries between parties in financial transactions. 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.
