Category: Technology

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How blockchain can open up energy markets: EU DLT expert explains

The main barrier to the wide adoption of DLT solutions by the energy system stakeholders is how energy markets are structured. Aside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s industrial landscape.…
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Uniswap acquires NFT marketplace aggregator Genie to further ‘universal ownership’ goals

Decentralized exchange Uniswap to add additional NFT functionality to its platform following the acquisition. Decentralized exchange Uniswap announced the acquisition of the NFT marketplace aggregator Genie on June 21st. Uniswap said this move is part of its mission to unlock universal ownership and exchange on its platform. Uniswap is now integrating NFTs into its product…
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Crypto’s uses and misuses: Binance–Reuters quarrel raises questions

Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector? Crypto exchange Binance has courted controversy almost since its 2017 beginnings, and five years later, the dustups continue. On June 6, the United States Securities and Exchange Commission was reported to be investigating whether Binance…
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Blockchain’s potential: How AI can change the decentralized ledger

Artificial intelligence’s transformative power in relation to blockchain technology is being severely overlooked, say experts. One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the data these platforms may be using. As a result, transactions can be facilitated with a high level…
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Ankr partners with Optimism to provide a fast and reliable RPC service for users

Ankr also said that it will incentivize independent Optimism node operators to add their nodes to the load balancer in return for ANKR tokens. Ankr, a company that provides one-click node deployment and Web3 infrastructure, has announced that it will become a remote procedure call provider for Optimism. Optimism is an open-source Layer 2 scaling…
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Here’s how the Metaverse enables inclusivity for genderqueer people

Avatars in the Metaverse are slowly becoming queer-friendly as adoption grows and more projects cater to people with gender dysphoria. In the wake of the rising popularity of games like Fortnite, Roblox and Minecraft and the concept of the Metaverse, the ability of “avatars” to escape unpleasant realities, or simply have fun, is emphatically relevant.…
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Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries

During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show that $10 billion…
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Self-regulatory orgs for crypto keep ecosystem afloat pending clear regulations

In places where crypto has no solid legal framework, self-regulatory organizations act as a ladder for crypto companies to evolve. The crypto market is growing at a rapid pace, with governments and various regulatory bodies actively trying to study and keep up with the growth.  While many policymakers around the globe have come to realize…
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MimbleWimble adds new features for Litecoin, but some exchanges balk

Litecoin may have recently activated its long-awaited privacy-based upgrade, but not without creating some regulatory compliance issues. Litecoin is one of the earliest alternative coins (altcoins) that came to light after Bitcoin (BTC). Created in October 2011, it is now the 20th most valuable cryptocurrency, boasting a market capitalization of over $4 billion, according to…
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Struggle for Web3’s soul: The future of blockchain-based identity

What’s behind Buterin’s embrace of “soulbound tokens”? Ensuring Ethereum’s dominance? A backlash against NFTs? Creating a better world? The attention, one might suspect, has much to do with the participation of Buterin, blockchain’s wunderkind and the legendary co-founder of the Ethereum network. But it could also be a function of the paper’s ambition and scope,…
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