x
Image Source: Pixabay
NFTs are changing the way photographers create and market content
Photography NFTs have been relegated to a secondary role since last years’ generative art craze but still offer opportunities for artists.
Since their explosion last year, nonfungible tokens (NFTs) have shown their appeal to collectors, investors, and traders alike.
They have especially gained attention in the art world, where an item’s provenance is everything, and owning the official, unique version of an item is much more valuable than a copy or duplicate.
Some have postulated that artists creating and storing pieces on-chain can use the technology as proof of ownership for popular art forms.
Among the various art forms to take advantage of NFTs, photography has also found its place, but what is the immediate value it brings for artists and consumers?
Indeed, as a nascent, quickly developing technology, NFTs are not without limitations. Read More
Web3: Onboarding the next billion users — The road ahead
Polarization in public discourse is increasing, and to stop it, the world desperately needs the next generation of the internet: a decentralized Web3.
Recent geopolitical events have polarized the world. Partisanship and the ideological divide have further balkanized the internet, whose gatekeepers have trampled upon the rights of millions to access financial services. Nations are gradually waking up to the reality of having neutral protocols and national stacks.
Hailed as the next generation of the internet, Web3 will be sanction-resistant and free of data silos. Gavin Wood, co-founder of Ethereum and creator of Polkadot and Kusama, coined the term Web3 in 2004. Five years later, the Bitcoin (BTC) white paper was released in 2009, which further cemented the imperative of decentralization. Is the decentralization narrative here to stay? Let’s find out why Web3 is gaining ground today. Read More
From taxes to electricity, blockchain adoption is growing in Austria
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech.
Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to create a legal basis upon which companies can use it.
With regard to blockchain-based applications in the economy, however, Austria is still in the experimental phase, with most firms still running pilot projects. Still, politicians and economists alike see potential for select industries.
Public administration reform via blockchain:
The Austrian government is quite open to blockchain innovations, cryptocurrencies aside, and has supported various projects in the public and private sectors.
In 2019, a consortium of public administration institutions founded the Austrian Public Service Blockchain (APSB). Active participants in the APSB — i.e., operators of their own blockchain nodes — include the Austrian Economic Chamber, City of Vienna, Federal Computing Center, and Vienna University of Economics and Business Administration. One participant, Kontrollbank, is still in the set-up phase. Read More
Web Browser Opera Adds Support for Bitcoin, Polygon, Solana
Opera is now supporting eight new blockchains, including the Bitcoin network, Ethereum scaler Polygon, and Solana.
Opera, a popular web browser, today announced it is adding support for as many as eight new blockchain networks to ease access to decentralized apps (dApps) and services.
These include well-known projects like Bitcoin, Polygon, and Solana, as well as StarkEx, Ronin, Celo, Nervos, and the Cosmos-based IXO.
Polygon dApps are now available in the company’s novel Web3-native browser, called the Crypto Browser Project, on Android, on desktop PCs, as well as on Android.
Earlier this year, Opera rolled out the public beta version of its new Crypto Browser Project for mobile and desktop devices. The Crypto Browser Project is a standalone browser coming with built-in dApp support and a non-custodial crypto wallet. It also includes Crypto Corner, a point of access to the latest crypto news, prices, gas fees and market sentiment, upcoming airdrops, educational content, and an events calendar.
Solana, StarkEx, Deversifi, IXO, Ronin, Nervos, Bitcoin, and Celo are only currently available in Opera for Android and are expected to be supported in the Crypto Browser Project in the coming months. Read More
What Does The Wallet Do? What Does It Mean For You?
The launch of the Markethive wallet is approaching, so it’s time to start beating the proverbial drum. It is the start of an exciting time with the advent of many integrations to follow the release of the wallet that will bring Markethive into prominence as an unprecedented platform. The combination of inbound marketing, social media, digital broadcasting, video, conference rooms, e-commerce, gamification, etc.
Markethive is a blockchain-driven crypto economy, all-inclusive, with a distributed database system required for this decentralized, monolithic global project. We’re almost there with the release of the wallet that will initiate entrepreneurial sovereignty and open the floodgates of this divine enterprise with its plethora of systems and services, including the new interface and dashboard.
We now have a complete working wallet with the Solana Network, and we also have a fully functional crypto merchant account. The Markethive wallet is being polished with the finishing touches, keeping mindful that it’s not just a simple wallet but a comprehensive, dynamic engine centralized for you that powers your platform and business.
Markethive is fundamentally a sophisticated inbound marketing and storefront platform, integrated with a social network, and not just another social media platform you see popping up to counter the media tech giants we’ve come to know as oppressive, censoring you and using your personal data for their own gain. Read More
Gold industry taps blockchain for supply chain management and fraud prevention
LBMA CEO Ruth Crowell said the new blockchain-based initiative can help to promote “confidence” in the “integrity and accountability” of the gold that is traded.
Some of the most prominent organizations in the gold industry have joined forces to launch a new “integrity program” that utilizes blockchain technology for supply chain management — a move that’s intended to help market participants verify the authenticity of their bullion.
London Bullion Market Association (LBMA) and the World Gold Council (WGC) announced Monday that they are collaborating to develop an “international system of gold bar integrity, chain of custody and provenance” that’s based on blockchain technology developed by companies aXedras and Peer Ledger. The ledger will be used to register and track gold bars at each stage of the production and distribution cycle, including mining, vaulting, and purchase by jewelry manufacturers.
The so-called Gold Bar Integrity Programme is being supported by organizations such as CME Group, Metalor, Barrick Gold, Brinks, Royal Canadian Mint, Newcrest Mining, Hummingbird Resources, Argos Heraeus SA, Asahi, Aura Minerals, Perth Mint, and others.
Initially developed as a pilot, the program will eventually be promoted for use across the gold industry, LBMA and WGC said. Read More
DCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy
On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced that the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts to “help shape the regulatory landscape for digital assets” in North America.
Foundry Becomes a Texas Blockchain Council Strategic Partner Member
The digital asset mining, staking, and advisory services firm Foundry Digital has announced it has joined the Texas Blockchain Council (TBC). The organization TBC is a group of individuals and companies dedicated to bitcoin and blockchain-related advocacy and public policy initiatives.
“We exist to amalgamate the influence of our members, to advocate for blockchain-centric public policy initiatives, to educate members of government about the benefits of blockchain technology, and to provide subject matter expertise on topics related to blockchain and distributed ledger technology,” the TBC website details. Read More
Cloud infrastructure brings blockchain technology to legacy banking space
Permissioned blockchains open the door for additional business use cases, that is, with the right foundational support.
Many of the blockchains in use today are public, offering complete transparency and requiring smart contracts, each of which operates in a centralized manner. Unfortunately, these same chains are often subject to outages, hard forks, and delayed processing, not to mention a lack of security and role definition necessary in conducting business transactions. For this reason, the permissioned blockchain has risen as a solution to control the activities on a given network.
With a permissioned blockchain, not everyone is permitted to join the blockchain. Instead, participants must be granted special permission from the network’s owner. The result is a blockchain network that exists out of the public eye, that operates with the ability to run faster, achieve greater scalability, and meet a level of governance standards. The result is now businesses and other organizations who can’t make their processes or data public can still take advantage of the use cases for blockchain technology.
Now, the only thing missing is a solution for implementation. The resulting gap is what Chain aims to address. Chain is a blockchain-based technology company operating to improve the financial landscape starting from the foundation. As a protocol, Chain is powered by Sequence, a ledger-as-a-service that is deployed alongside the Sequence Portal and Chain Core. Originating in 2014, the prominent startup has since received funding and partnerships from institutions including Visa, Citibank, and others to help them launch their own custom blockchain projects. Read More
Indian state gov't uses Polygon to issue verifiable caste certificates
In partnership with LegitDoc, the Maharashtra government is in the process of rolling out 65,000 caste certificates to aid the process of delivering governmental schemes and benefits.
The government of Maharashtra, one of India's state governments, has started issuing caste certificates over the Polygon blockchain to citizens residing in Etapalli village, Gadchiroli district, as a part of the Digital India campaign.
In partnership with LegitDoc, a blockchain-based application, the Maharashtra state government is in the process of rolling out 65,000 caste certificates to aid the process of delivering governmental schemes and benefits.
Speaking to Cointelegraph, Indian Administrative Service (IAS) officer Shubham Gupta revealed that the Indian government is always on the lookout to implement disruptive technologies that can help democratize citizen services, adding:
"Web3 takes the concept of democratization to a whole new level, whereby, data/information can not only made openly sharable but can be made openly unfalsifiable." Read More
Cardano Village, the Metaverse proving its worth through art and IT technology
With the active smart contracts on Cardano and the extensive attention being garnered by metaverses in the industry, numerous metaverse projects are already well underway.
Yet, Cardano Village remains the only metaverse project that has been mentioned by Charles Hoskinson, the founder of Cardano, and IOHK on Twitter.
This project, which is currently undervalued on the market, has vast potential and immense possibilities.
At the time of the initial minting, the team was put into the spotlight by the Cardano community for its beautiful artwork and rapidly minted land parcels while releasing MAP in PC, WEB, and Mobile environments simultaneously, proving without a doubt that it has a formidable grasp of the requisite technological prowess.
To our surprise, the Cardanian Korea Team completed all these tasks within just a 3-month timeframe. 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.
