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Empowering users: Blockchain’s role in secure and transparent data trading
Enhancing security, transparency and user control in data ownership, blockchain technology can introduce reputation score mechanisms to maintain high data quality and trust.
The current landscape of data ownership and exchange is fraught with significant challenges. Central to these challenges is the lack of transparency, security and individual control over personal data. In the existing paradigm, large organizations often collect and store vast amounts of personal data, sometimes exploiting the data for commercial gains without explicit user consent or fair compensation to the data owners. This is especially true when explored through the lens of the explosive growth of AI, where centralized organizations use our data without explicit consent to train and deploy AI systems.
Data breaches are also increasingly common, exposing sensitive personal information and leading to potential financial and reputational damage for individuals. The centralized nature of data storage systems often makes them attractive targets for cyberattacks. Additionally, the current systems lack sufficient mechanisms for individuals to verify where and how their data is being used, leading to mistrust and reluctance to share data.
There is a clear need for solutions that enhance data security, provide greater transparency in data transactions, and empower individuals with control over their data. Such solutions should ensure that individuals can monitor and regulate access to their data and receive adequate compensation when their data is used commercially. Read More
Chainlink debuts new protocol aimed at boosting cross-chain interoperability
The Cross-Chain Interoperability Protocol will make cross-chain smart contracts more interoperable across nine blockchain networks.
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has entered general availability with the aim of fostering more cross-chain connectivity.
The protocol lets developers permissionlessly use CCIP for cross-chain token transfers and arbitrary smart contract messaging across different blockchain networks.
Developers will also be able to send and trigger function calls on smart contracts deployed on other blockchains, making cross-chain smart contracts more interoperable.
CCIP’s mainnet general availability will enable a faster and easier implementation for developers, bolstering cross-chain connectivity, according to Sergey Nazarov, co-founder of Chainlink.
In an announcement shared with Cointelegraph, Nazarov wrote:
“CCIP is now starting to become the standard for both capital markets blockchain transactions across banks, as well as the way that secure Web3 cross-chain value and data is moved across public chains.” Read More
What's Next for Notcoin? Becoming the 'Netflix of Social, Viral Games'
The team behind viral Telegram-based game Notcoin is racing to create a sustainable ecosystem of similar, interconnected experiences from third-party developers.
The creators of Telegram-based game Notcoin currently have their hands full, with millions of users eagerly anticipating the game’s imminent NOT token launch on The Open Network (TON).
And yet, the game’s developers already have their sights set on even bigger things: Namely, transforming Notcoin from a viral, coin-tapping sensation into a comprehensive, scaled gaming ecosystem powered by a community of builders.
“We want it to become the Netflix of social, viral games,” Open Builders founder Sasha Plotvinov told Decrypt’s GG at Token 2049 in Dubai last week. Read More
Tokenization’s next phase requires real-world data integration — Chainlink
Chainlink Labs’ director of capital markets said that enhancing tokens with real-world data could unlock better applications than traditional finance.
Researchers from the blockchain oracle platform Chainlink believe asset managers have a “sizable” opportunity to jump into tokenization as financial asset infrastructures continue to go digital.
In an industry report titled “Beyond Token Issuance,” blockchain oracle platform Chainlink explained where the opportunity lies and how interoperability and real-world data could unlock the value of tokenized assets.
The report laid down the potential benefits of tokenization for asset managers. This includes unlocking dormant capital, giving assets greater availability and creating novel revenue models. Read More
Staying ahead of the curve is crucial in the dynamic and ever-changing business world. In the modern business landscape, innovation and technology act as guiding forces, shaping how companies engage with their audiences and forge connections. In this era of constant evolution, a powerful synergy has emerged between two groundbreaking concepts: inbound marketing and blockchain technology. This convergence is rewriting the rules of engagement and presenting companies with unprecedented opportunities to carve out a competitive edge.
Gone are the days when traditional marketing methodologies ruled the roost. The one-size-fits-all approach of old-school marketing campaigns is gradually being replaced by a more interactive, personalized, and customer-centric approach. Inbound marketing is not just a strategy; it's a philosophy that revolves around attracting, engaging, and delighting customers by delivering valuable and relevant content. It's about creating a genuine connection with your audience, addressing their pain points, and offering solutions that resonate personally.
Amidst this transformative landscape, a standout player emerges: Markethive. This innovative ecosystem stands at the crossroads of the inbound marketing revolution and the blockchain evolution. Markethive's unique proposition lies in its ability to seamlessly fuse the principles of inbound marketing with the cutting-edge potential of blockchain. By doing so, it offers a comprehensive system that empowers businesses to connect with their target audience and build lasting relationships based on trust and transparency. Read More
Bitcoin's First Post-Halving Adjustment Raises Mining Difficulty to Record High
Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level of 88.10 trillion.
Bitcoin Miners’ Strength Tested as Mining Difficulty Jumps 2% Post-Halving:
As of block 840,672, which occurred at 10:51 a.m. EDT on Wednesday, bitcoin (BTC) mining has become more challenging. The difficulty now stands at a peak of 88.10 trillion, indicating that the hash of a block that is accepted must meet an extremely low target value within a vast range of potential hash values. Read More
How blockchain-based voting can restore trust in the electoral process
Brian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area.
Blockchain-based voting systems could foster more transparency and public trust in the election process, according to Brian Rose, an independent mayoral candidate in London and the host of the London Real podcast.
Rose told Cointelegraph in an exclusive interview:
“Wouldn’t we all sleep better at night if the voting system was on the blockchain and you could really prove that identity and you could actually prove that vote and there would be an immutable record? This is the future and I think it takes someone like me who comes from a business background who’s intimately involved in the blockchain.”
Public trust in the election processes and political parties has taken a significant hit in recent years. In 2023, only 12% of the public in the United Kingdom said they trusted political parties, down from 20% in 2022, according to a report by the Office for National Statistics (ONS) published in March 2024. Read More
Solana ‘Chapter 2’ Airdrops Could Cover the Price of the Phone
Solana Saga Chapter 2 pre-orders could have their price offset by new MEW and MANEKI airdrops.
Solana “Chapter 2” smartphone pre-order customers are already realizing benefits ahead of the phone’s expected release in 2025, thanks to a cat-powered bonus of token airdrops.
The teams behind the Solana meme coins Maneki (MANEKI) and Cat in a Dogs World (MEW) airdropped tokens to the wallets of people who pre-ordered the Chapter 2—tokens that could potentially offset the entire $450 cost of the phone, provided their market value holds.
On April 1, 37,600 MEW were airdropped to eligible Solana wallets. On Wednesday, 5,199 MANEKI were sent to the same wallets—and MANEKI’s price has only climbed over the past day. Read More
Meme Coins Are Causing 'Damage' to Crypto, Says Andreessen Horowitz Exec
The CTO of VC firm Andreessen Horowitz, Eddy Lazzarin, argued that meme coins are "undermining the long-term vision of crypto."
A top executive at venture capital firm Andreessen Horowitz (a16z) has compared meme coins to a “risky casino,” suggesting that they’re bad for the long-term outlook of cryptocurrencies.
"At best, it looks like a risky casino. Or a series of false promises masking a casino," Andreessen Horowitz CTO Eddy Lazzarin said on Twitter (aka X), adding that their popularity impacts adoption, regulation, laws, and builder behavior.
"I see the damage every day," he added. "You should too."
Lazzarin’s comments follow multiple waves of meme coin mania. Tokens like Dogwifhat (WIF), Bonk (BONK), and Book of Meme (BOME) have all seen staggering returns in recent months. 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 any other advice.