Tag: Adoption

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Chainlink Partners With State of Colorado to Help Create A New Lottery Game

Chainlink and the Colorado State Lottery have partnered on a hackathon with the goal of creating new games to generate $1 billion in future revenues from its lottery. Chainlink (LINK) and the State of Colorado have partnered on a hackathon with the goal of creating a new lottery game. There are $17,500 in prizes available…
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Comparing Money Laundering With Cryptocurrencies and Fiat

Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk. There is no doubt that digital currencies provide benefits for an individual, a company and an institution by facilitating better access to financial products and services. Money laundering costs the global economy between $800 billion and $2 trillion annually,…
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Mainstream People Coming to Bitcoin, Digital Assets Data CEO Says

Digital Assets Data CEO Mike Alfred explains increased Bitcoin interest from a number of parties. Mike Alfred, CEO of analytics firm Digital Assets Data, described increased Bitcoin (BTC) enthusiasm from the public amid flying prices. “We are seeing more signs of increased institutional interest,” Alfred told Cointelegraph of Bitcoin on July 28 — the day…
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Open the Floodgates: US Customers to See More Crypto Accessibility

Digital payment platforms add more cryptocurrency features for U.S. customers, but will big banks take the lead? The cryptocurrency market has come a long way in a seemingly short amount of time. Digital payment platforms have particularly taken note of the crypto market’s impressive growth, which is evident, as many have adopted new features and…
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Huawei Files for a Storage-Related Blockchain Patent

Huawei strengthens its blockchain adoption campaign by applying for new storage-based Blockchain patents. Chinese tech giant Huawei recently applied for a new patent related to blockchain technology which deals with storage methods and devices. Huawei holds a number of other relevant patents, covering topics like Blockchain-based settlement methods. According to the Chinese corporate database, Tianyancha,…
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Blockchain Can Help Find a Cure for COVID-19

Bitcoin Depot’s Brandon Mintz says blockchain can help find a cure for COVID-19 which will play a big role in the technology’s adoption. The blockchain community is playing a significant role in helping to develop pharmaceutical drugs to combat COVID-19, as blockchain can bring immense computational power to confirm transactions, and generate new coins, according…
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Gaming Industry Use of Blockchain May Lead to Mass Adoption

Blockchain technology has the potential to create a new era of gaming and drive true adoption in the industry. Blockchain technology has recently become a phenomenon in various areas of the economy, driving innovation, fostering growth and bringing added value. Among the most noteworthy of these sectors is the gaming industry. Gaming is a use…
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Spotting the Potential of NFTs in the Blockchain Gaming Industry

Polyient Games’ Craig Russo believes that the NFT market has come to represent one of the “most attractive opportunities” across digital assets. Non-Fungible Tokens (NFTs) are emerging as a very popular blockchain trend in gaming, as they’re also now being used in the sports industry (ticketing), financial services, and as a way to sell and…
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Binance Now Sending Out Its Debit Cards

Binance’s move into the payment card space takes flight as cards go out for delivery. After months of waiting, planning and testing, Binance has begun delivering its debit cards to customers. “This started shipping in limited quantities as of yesterday, I heard,” Binance CEO Changpeng Zhao, also known as CZ, said in a July 25…
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Chainlink Brings FX Rates Data From Top Korean Banks to DeFi

Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime. Chainlink (LINK) is integrating with CenterPrime to bring a foreign exchange, or FX, rate data feed from the Korean banks to the DeFi space. “A breakthrough for Korean fintech industry” CenterPrime, a Hyperledger based project, has access to…
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