Tag: blockchain
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To solve the blockchain modularity issue, Celestia raises $55 million.
The project Celestia, which seeks to address the alleged centralization issue in the current monolithic blockchains, has announced the completion of its most recent funding round, which brought in $55 million. Delphi Digital, Protocol Labs, Figment, Maven 11, and Spartan Group, among others, participated in the round, which was led by Bain Capital Crypto and…
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Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies
In the case of cryptocurrencies, abuse increases with use, according to Europol, which also noted that blockchain technologies give law enforcement a new way to combat crime. The law enforcement organization in Europe claims it can assist in the investigation of money laundering networks. Understanding Cryptocurrencies Is Vital to Tackling Organized Crime, Europol Says Following…
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Non-Transferable NFTs are given to local governments as rewards in Japan.
According to reports, the Japanese government is one of the first governments to award non-fungible tokens (NFTs) to local governments that excelled in a digitization competition as an additional prize. Local governments received the honors as a thank you for their efforts in utilizing digital technology to address local issues. Issuing and Distributing NFTs via…
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By 2023, Buenos Aires will operate Ethereum nodes.
In 2023, the city of Buenos Aires will set up several Ethereum validator nodes. Diego Fernandez, the city’s secretary for innovation and digital transformation, made the comments. He clarified that this deployment will pursue exploratory and regulatory goals and that it will assist the city in creating cryptocurrency regulations. Cities around the world are incorporating blockchain and cryptocurrency projects into their growth and development strategies. According to reports, Buenos Aires will set up validator nodes for the Ethereum chain in 2023. At ETH Latam, a local event focused on Ethereum, Diego Fernandez, the city’s secretary of Innovation and Digital Transformation, reported this.…
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According to a study, cryptocurrencies are a “Good Alternative to Traditional Settlement Processes.”
According to a recent study, cryptocurrency can be a good substitute for traditional settlement procedures because it uses blockchain technology, which enables instantaneous transaction completion without the need for middlemen. Some participants in the cross-border money transfer market believe that blockchain technology and cryptocurrencies can improve remittance procedures. In the most recent report from the…
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SABIC, a Saudi chemical manufacturer, has launched a blockchain pilot project.
According to a chemical manufacturer in Saudi Arabia, a blockchain pilot that just got underway will explore the technology’s potential for “supporting end-to-end digital traceability of circular feedstock in customer products.” Blockchain technology is expected to have several advantages, including faster data integration and reduced costs and time. Saudi Basic Industries Corporation (SABIC), a producer…
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A Code of Conduct for VASPs has been introduced by the Nigerian Blockchain and Crypto Association.
The Stakeholders in Blockchain Technology Association in Nigeria (SIBAN), a Nigerian blockchain and crypto advocacy group, recently announced the introduction of a code of conduct for Nigerian virtual asset service providers. All Nigerian VASPs are subject to the code of conduct, which was initiated by the office of the President of Nigeria. The Stakeholders in…
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Vietnam forms a Blockchain Association to conduct research and make recommendations on regulations.
A newly formed blockchain association aims to assist Vietnam in promoting its digital economy and establishing its place on the global technology map. The organization aims to bring together Vietnam’s experts in the field and seek collaboration with blockchain communities around the world for blockchain research and development. Vietnam Blockchain Association, the first such entity…