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Twitter to Explore Decentralized Apps With Dedicated Crypto Team
Twitter has announced a new, dedicated crypto team that will explore possibilities in the decentralized apps space.
The new team, dubbed Twitter Crypto—not to be confused with everyday crypto Twitter—is set to be led by Tess Rinearson, who has been tasked with setting the “strategy for the future of crypto at (and on) Twitter,” the company reportedly said, per the Financial Times.
“I’m thrilled to share that I’ve joined Twitter, to lead a new team focused on crypto, blockchains, and other decentralized technologies—including and going beyond cryptocurrencies,” Rinearson tweeted.
What is Twitter Crypto? Twitter Crypto, according to the company itself, is all about decentralizing social media and even reportedly allowing content creators to earn crypto.
“We’re exploring ways to incorporate decentralized technologies into our products and infrastructure,” Twitter said. Read More
More Play-to-Earn NFT Games Coming? Developers in US, UK Considers Adding Blockchain Tech: Study
Play-to-Earn NFT games continue to rise phenomenally in popularity after the unwavering success of titles like "Axie Infinity." As such, developers in the United States and the United Kingdom admitted that they are either considering adding or have already included blockchain tech to the design of their games.
A recent study, which surveyed a total of 197 video game developers based in either the UK or the US, showed that 58% of them said that they are already planning to use blockchain technology, which play-to-earn NFTs or non-fungible tokens games use.
On top of that, 47% of the surveyed game devs admit that they have already integrated NFTs in their game design.
On the other hand, around 57% of the game dev respondents said that they are interested in including decentralized finance of Defi in their games, which are called GameFi. Read More
Coinbase Banks Hard On Gaming With Team Liquid Partnership
Multinational esports organization Team Liquid has ventured into the world of cryptocurrency, with a four-year partnership with crypto exchange Coinbase.
Team Liquid Has Official Crypto Partner - 2021 has been the year when esports and cryptocurrency have truly converged. Multiple crypto exchanges have joined the world of esports for competitive sports to explore another channel for their advertisement. The esport industry, on the other hand, is leveraging the power of digital assets to create virtual experiences for their global fanbases. The latest esport organization to join this trend is Team Liquid, which has embarked on a 4-year partnership with global crypto exchange Coinbase. Read More
Doctors Without Borders is now using blockchain tech for medical record storage
At a Thursday press conference, blockchain-based document security company Transcrypts announced a partnership with Doctors Without Borders, or DWB, that began on October 14th. Working together, they have already uploaded 6500 immunization records to the blockchain, with a goal of 76,000 by 2022.
Most of the recorded immunizations are COVID-19 vaccines, but the company stated that the goal is to eventually store all patient medical records on the blockchain where they will be accessible from a patient's phone. The nascent California-based startup was founded last year by Zain Zaidi — then still an electrical engineering student at San Jose State University. The company now counts Paychex, ADP, Zoom, Spirit Airlines, and Oracle as its clients.
Transcrypts began as a tool to combat resume fraud marketed to human resources professionals, before expanding into income verification for landlords. Read More
Decentralization Empowering People
We live in an increasingly interconnected world with 4.66 billion people connected via the internet. We pay each other, share data, and communicate with each other within seconds. This is all seemingly wonderful, but the truth is we are not connected with each other. Instead, we are connected to centralized multinational companies and data merchants we are forced to trust with everything we do.
It’s a scary reality that most people are living in today; however, decentralization is the future. The transition from centralized platforms to decentralized ones is going to be the most profound and disruptive change we’ll ever see in our lives. Read More
Platform aims to address privacy concerns in messaging apps with a solution built on Solana
Envisioning a world where communication is free from intermediaries, data hacks and other external threats may begin with Solana-powered blockchain technology.
To ensure user privacy is protected, all data and messages sent and received on the Secretum platform are stored on trusted nodes on the platform’s own private Solana-based blockchain network. Therefore, the Secretum messaging app does not collect sensitive personal data such as an email or phone number. With no data being collected or stored, there is no risk of a data hack. Instead, messaging is based on the wallet addresses of each user through the node network.
Furthermore, the security risks with centralized user data storage are eliminated with the blockchain, bypassing concerns around a central point of failure. Last but not least, Secretum aims to avoid geographic and political obstacles, ensuring messages are not censored, filtered or tampered with by an unknown third party. Read More
How to spot a rug pull in DeFi — 6 tips by Cointelegraph
Cointelegraph shares six tips on how to safely invest in DeFi projects in our latest in-depth video: how to increase one’s safety when investing in decentralized finance (DeFi) by identifying rug pulls — one of the most widespread types of crypto scams. Watch the video
Introducing Decasonic Labs, an Innovation Generator for Technical Entrepreneurs To Bring World-Changing Blockchain and Web 3.0 Ideas to Market
Decasonic, the venture, and digital assets fund building blockchain innovation, today announces Decasonic Labs, an innovation generator that collaborates with high-potential technical developers to bring their earliest product ideas to life, positioning them for strategic capital investment and long-term growth.
Decasonic Labs is led by Allister Lam, a former 21-year engineering leader, big data pioneer, and cloud innovator at Google and DoubleClick – with deep expertise in rapid prototyping and scaling. Allister’s leadership at Decasonic Labs is to guide technologists and founders across every stage of maturity, from helping them refine early concepts, to building and testing prototypes, to eventually launching and scaling disruptive, world-changing applications that drive positive global outcomes with vast economic benefit. Read More
Orbs, the Leading Public Blockchain Infrastructure, Introduces Its Groundbreaking Layer 3 Architecture
Orbs is once again disrupting the blockchain with an entirely new proposition – that is to augment the architecture of a multichain interoperable infrastructure, which works in parallel with all the major layer 1 and layer 2 chains, like BSC, Ethereum, Solana and Avalanche, and the apps that sit on them.
The Orbs chain can be considered a layer 3 chain – another layer on top of L1 and L2 layers, whereby it draws from the security of the layer 1 chains, the scalability layer of the L2 and utilizes its own smart contract deployment layer to enhance the sophistication of the functionality of EVM-compatible smart contracts. 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.
