Category «Blockchain news»

Smartlink Ties Up With CEA Research Center To Develop Novel Escrow Modules For Escrow Smart Contracts – Crypto Daily™

cryptodaily.co.uk The global eCommerce market ranks among the fastest-growing segment in today’s global economic ecosystem. While the transition from brick-and-mortar stores to online stores has played a critical role in this growth, the current transactional model that we rely on is ridden with inefficacies and loopholes.  For instance, one of the gravest challenges in online …

Bybit Crypto Exchange Integrates Ethereum L2 Scaling Solution Arbitrum

btcmanager.com Leading cryptocurrency exchange platform Bybit today announced its integration with Ethereum Layer 2 (L2) scaling solution Arbitrum. Bybit Goes Live on Arbitrum Bybit, one of the fastest going crypto exchanges in the world in terms of reported trading volume and user growth today announced it had successfully completed the integration with Arbitrum. For the …

Massive Cardano blockchain load (above 90%) continues for over a week now

finbold.com A lot of significant developments have taken place on the Cardano (ADA) blockchain in recent months; as a consequence of the network’s expansion, the average blockchain load has been steadily increasing.  In particular, the average blockchain load over the previous eight days, beginning on January 19, has stayed above 90%, with the most recent …

Kakao’s Klaytn latest to join China’s BSN International

forkast.news Klaytn, a public blockchain platform under South Korean internet giant Kakao, has joined China’s Blockchain-based Service Network’s (BSN) international infrastructure. Fast facts Klaytn’s joins fellow public blockchains Ethereum, Solana, Tezos and Polkadot in BSN International, to become accessible to the 25,000 developers in the ecosystem. The BSN is a Chinese state-backed project that is …

Asian Development Bank to use blockchain for cross-border securities transactions

forkast.news Philippines-based Asian Development Bank (ADB) has launched a blockchain project to make cross-border securities transactions in Asia-Pacific more efficient. Fast facts The regional development bank of 68 member countries is aiming to use blockchain to directly connect central banks and securities depositories in the Association of Southeast Asian Nations region plus Japan, China and …

What Cardano Blockchain is going through and why’s it creating panic among users ?

www.thecoinrepublic.com Cardano is said to be the most prominent contender called ‘Ethereum Killer.’ Recently decentralized exchange Sundaeswap has been added to the network, and Cardano based NFT marketplace jpg.store is working on its development. Currently, its token ADA is trading at $1.04 per token. Cardano network staying at sixth position in terms of the market …

Blockchain Startup Data Gumbo to Automate Oil Drilling Contracts for Equinor

btcmanager.com Data Gumbo, a US-based firm that provides trusted transactional smart contract network today announced it had allied with Equinor where the latter will tap its blockchain network to manage contracts and invoicing for its oil drilling and well services, Ledger Insights reports, January 25, 2022. Equinor to Use Data Gumbo’s Smart Contract Infrastructure Blockchain …

Leadingblock to Use Chainlink for Decentralized Pricing Data

www.cryptonewsz.com Chainlink is on a roll as the venture is scoring consecutive collaborations. The oracle network recently gained another client in the form of Leadingblock, a crypto borrowing, and lending platform. Lendingblock released an official post about the integration, which will help them gain decentralized price data. Renowned for its consistency, Chainlink Price Feeds offers …

Report: Google Launches Blockchain Division

news.bitcoin.com The software behemoth Google has reportedly started a new blockchain-based division inside its Labs group. The division will also deal with other distributed computing and data storage technologies. While the company has been wary of associating with any form of cryptocurrency, Bill Ready, Google’s president of commerce, stated on January 19 they were paying …

L2 protocols Connext and Nomad introduce new modular blockchain interoperability stack

www.cryptoninjas.net Connext, a level-2 interoperability protocol for Ethereum, today announced that it has formed a new partnership with Nomad, an interoperability protocol without header verification, to accelerate the adoption of trustless, fully generalized cross-chain communication. This partnership enables the world’s first modular interoperability stack that provides users a fast, cheap, and trust-minimized way to bridge …