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New Developments Happening in the Blockchain Space - November 3rd

Posted by Simon Keighley on November 03, 2021 - 8:30am

New Developments Happening in the Blockchain Space - November 3rd

New Developments Happening in the Blockchain Space - November 3rd

Image Source: Pixabay


Rarible and Adobe form partnership aimed at protecting NFT creators

The Adobe feature can add an NFT creator’s wallet address and social media information to the metadata of tokens listed on Rarible, helping “to fight misinformation with attribution and verifiable truth of content.”

Software giant Adobe is trying to make it easier for nonfungible token, or NFT, creators to prove they are the artists behind their work by linking social media profiles and crypto wallet addresses.

In a Tuesday announcement, NFT marketplace Rarible said it would be partnering with Adobe, allowing token creators to display the software company’s Content Credentials to verify the authenticity of the digital content. According to Adobe, this feature can add an NFT creator’s wallet address and social media information to the Content Credentials metadata of tokens listed on Rarible, helping “to fight misinformation with attribution and verifiable truth of content.” Read More


 

There is a way to protect NFTs from being replicated or lost: This company does just that

One of the biggest concerns the NFT space is facing right now is copyrights protection and replication in art.

Now, more than ever, the crypto industry is seeing an influx of creators interested in minting nonfungible tokens (NFTs) and collecting them across various marketplaces. With this surge of enthusiasm for the industry comes unique opportunities but also increased security risk, scam hunters, and technical challenges.

Pastel Network is addressing this issue head-on with advanced duplication detection and secure storage solutions. Sense, a Near-Duplicate NFT Detection Protocol powered by the Pastel Blockchain, quantifies rareness of NFTs and proves authenticity. Cascade, Pastel’s distributed storage protocol, offers permanent storage and redundancy to make sure that creators’ works or collectors’ portfolios will never be lost. Read More


 

Blockchain platform eliminates barriers to international real estate investments with new cryptocurrency token

Blockchain and cryptocurrency technology may be the ticket to eliminating the existing barriers to entry for real estate investors.

Although there are few constants in the world we live in, one thing is sure; real estate is one of the most well-known and lucrative forms of investment. Not only does an investment in real estate result in passive income, but any wealth earned in real estate can be passed down from generation to generation, almost indefinitely. 

While there are many benefits to investing in real estate, this form of investment vehicle is typically met with high barriers to entry, including the high cost of buying a property and other fees typically common in the international market. Among these concerns are a lack of integrity and security, time, government restrictions on foreign investors, difficulty transferring money globally, and minimal transparency when executing the transaction itself. As a result, many continue to overlook this industry when they are starting out, despite the upside potential it presents. 

Contracoin was created to eliminate these barriers, providing new investors with a simple solution through the use of blockchain and cryptocurrency. Read More


 

Cardano's Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned

Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. This MOU agreement is Hoskinson’s first major preliminary agreement he has secured since kickstarting Cardano’s African tour in mid-October, 2021.

Before traveling to Burundi, Hokisnson had visited Zanzibar where he held meetings with Hussein Ali Mwinyi, the island nation’s president. However, it is Hoskinson’s Burundi visit that has helped Cardano to achieve its latest major agreement with an African state after it signed another deal with the Ethiopian government back in April 2021. Read More


 

MARKETHIVE AIRDROPS AND MICROPAYMENTS EXPLAINED

Markethive is determined to take a large share of the new Market Network next-generation following the Social Network phenomena. That Market Network is defined as a platform that is integrated with a social network (like Facebook), SAAS tools (like GoToMeeting, ZOOM, and Google Apps) commerce platforms (like eBay, Freelancers, Coinbase, Alibaba).

Markethive has created its consumer coin, Hivecoin (HIVE), originally named MHV, as an instrument to their Ecosystem for Entrepreneurs. So Markethive will establish its niche as the only social (Market) Network with an infinity Airdrop and a system that rewards the users for using it with additional micropayments, otherwise known as a Faucet.

Bottom line, by joining Markethive, you will get a Market Network Inbound Marketing platform worth $2500 per month for free and get “Airdropped” paid up to 500 Markethive coins [HIVE] just for joining. And continue to receive these coin assets for the duration of your life within the hive. Read More

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Ubisoft Betting Big On Blockchain Gaming

Video game giant Ubisoft has revealed that it is exploring blockchain technology, with the company providing funding to Animoca Brands and the CFO calling blockchain technology a revolution. 

The French gaming giant, which is a household name among gamers thanks to titles such as Assassin’s Creed and Far Cry, discussed its plans for blockchain gaming and blockchain technology during its Q2 earnings call. 

The gaming company has had a growing interest in blockchain technology and blockchain gaming and took its first steps into the world of blockchain gaming with a significant investment into Animoca Brands, one of the leaders of the blockchain gaming industry. Animoca has advertised itself as “the global leader in branded blockchain gaming.” Read More


 

The United States will become the global crypto and blockchain leader

The United States is rapidly embracing decentralized finance, the cryptocurrency sector, and the innovative industry of blockchain technology.

We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, head of the U. S. Securities and Exchange Commission (SEC), confirmed during a House Committee on Financial Services hearing that the regulator will not ban cryptocurrency, potentially blazing the path for the world’s largest economy to become the global leader in the development of decentralized finance (DeFi) and blockchain technologies. Read More


 

Blockchain technology can make micropayments finally functional

As the use of digital wallets and cryptocurrencies becomes more abundant, new use cases for micropayments will be further explored and developed.

Micropayments are not a new concept. Since the mid-1990s, micropayments have experienced various degrees of popularity. By definition, micropayments are transactions with a value smaller than a certain threshold. Importantly, below that threshold, the transaction fee incurred becomes a significant portion of the total transaction value and, consequently, not economical. Another important aspect is that due to the minuscule monetary amounts, micropayments refer only to digital transactions of non-tangible goods. Any additional cost of handling and shipping might mean a hundredfold increase of the original transaction value, making it utterly irrelevant. Read More


 

Industrial Bitcoin mining breathes new life into tiny Texan town

Major Bitcoin miners have set up shop in a former aluminum smelting plant in the small Texan town of Rockdale.

Two Bitcoin (BTC) mining giants are duking it out for cheap electricity in a tiny town in Texas.

Both Bitdeer, a mining firm that spun out from Chinese giant Bitmain, and Riot Blockchain, one of the leading publicly traded Bitcoin mining firms in the United States, are operating data centers hosted at a former aluminum smelting facility in the Texan town of Rockdale.

The town’s aluminum smelting plant was previously the world’s largest, until the company that ran it, Alcoa, began winding up operations in 2008. According to Lee Bratcher, president of the Texas Blockchain Council, the facility’s energy capacity was wasted from Alcoa’s departure until the miners set up shop. 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.

 

 

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