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Decentralized cloud computing platform preserves internet privacy
Centralized tech giants dominate the world of cloud computing today — but this decentralized platform believes the future may have an alternate path forward.
Industry analysts characterize traditional cloud infrastructure by its central points of failure and lack of data privacy. In fact, data protection and integrity are currently not a guarantee for any of the major cloud service providers. Even worse, “insider threats” are still known as one of the most common ways private data is leaked.
The team behind Ethernity Cloud is entering the space of cloud computing with a different approach. By removing the middlemen, it intends to leverage the power of distributed ledger technology to create a decentralized cloud computing platform that focuses on data privacy and security. Read More
New Blockchain Lab aims to modernize the mortgage industry
Business consulting firm Zventus announces a blockchain lab designed to revolutionize the mortgage sector.
Global business provider Zventus announced a new blockchain initiative on Monday called the “Mortgage Blockchain Lab.” The lab is meant to collate the resources of several mortgage experts, technology firms and academic institutions to collaborate on blockchain research and development focused on the mortgage sector.
The California-based firm, whose product and service offerings span a broad business spectrum including business consultancy, human resource strategy and tech support, will work with its partners in this blockchain sandbox to develop and test new products and services. Read More
Is blockchain the key to trust in social media?
The Cambridge Analytica scandal in 2018 drew massive attention to the way in which social media companies handle their users’ private data.
At the time, details regarding how Facebook had been providing users’ personal information to third parties made the headlines around the globe and caused the public to think more carefully about what happens to the personal data they offer social media firms.
Since then, it seems that trust in social media companies has waned. Read More
Visa white paper describes NFTs as a ‘promising medium for fan engagement’
The nonfungible token, or NFT, market registered $2.5 billion in sales during the first half of 2021. Companies like Visa continue to shine the spotlight on this rapidly growing industry.
Visa’s splash into the NFT market was driven by an evaluation of the underlying technology and its ability to serve as a “promising medium for fan engagement,” according to a recent whitepaper published by the global payments giant.
The Aug. 23 publication described nonfungible tokens as an important innovation during the pandemic, where strict shelter-in-place orders limited live sports, entertainment, and music festivals. At the same time, NFTs are emerging at a time when fans are eager to join digital communities centered around their favorite artists or sports teams. Read More
While the Markethive Social Market Network continues to work very closely with Cardano with its integration to the Cardano Blockchain, a lot is happening with the many other facets of Cardano and IOG to further establish their presence in this evolving world of technology. Its technology can assist in a new redistribution of power and give people greater freedom, bringing the world together with a more equitable landscape.
As we anticipate the imminent rollout of Markethive’s multifunction news feed interface, gamification platform, and migration to the Cardano blockchain, I will outline some of the amazing initiatives IOG has set into motion; with the announcement of a historical event and the recognition, Cardano has received of late. This is all wonderfully exciting news putting Cardano at the forefront as one of the fastest-growing, most stable, most mature, and systematic cryptocurrency projects. Read More
Decentralized exchanges and aggregators drive DeFi growth
In the DEX segment, aggregation services are likely to continue gaining a bigger piece of the pie at the expense of decentralized exchanges.
As the decentralized finance segment continues to gain steam despite an overall slump in the crypto space, decentralized exchanges (DEXs) and aggregation services have recently shown sustainable growth. Meanwhile, within the DEX segment, aggregation services have made remarkable progress. Read More
How DAOs Are Reshaping Investment
Decentralized autonomous organizations are the latest tool to democratize investing and exasperate the SEC. Here’s how they work.
Traditional funding organizations are often hierarchical, elitist, localized, and not very transparent. DAOs are the antithesis of this, made up of loose grassroots networks with anything from a handful to thousands of participants.
Radical transparency and anonymity are the norm. DAOs have no company HQ, or formal organization at the center—and consequently no one point of failure. Rules are written in open source code, and the decision-making processes are encoded into smart contracts which execute autonomously on a blockchain. Crucially, DAOs are designed to exist as communities that operate globally, which means a much bigger, richer playing field. Read More
55% of the world’s top 100 banks reportedly have crypto and blockchain exposure
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects.
Global banking giants are reportedly increasing their involvement in the emerging crypto and blockchain firms by way of early- and late-stage funding for projects and businesses in the industry.
According to research by Blockdata, a blockchain market intelligence outfit, 55 out of the top 100 banks by assets under management (AUM) have some form of exposure to the novel technology. This involvement reportedly cuts across direct and indirect investments in crypto and decentralized ledger technology firms by the banks themselves or via their subsidiaries. Read More
How To Mint Your Own NFTs Without Having To Code A Single Line
What Is Minting And How Do You Create Your Own NFT?
First, it is important we understand that NFTs unlike crypto coins are nonfungible. That means they are absolutely unique and cannot be replaced by any other token, in the same way, a piece of art cannot be swapped for another. Conversely, a coin like Bitcoin holds the same value as any other Bitcoin, making it interchangeable and fungible. 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.
