Category: Blockchain

7 blockchain-based platforms for content creators

Blockchain technology has recently penetrated a number of sectors, altering the way we do business, store data and interact with digital assets. The decentralized and transparent nature of blockchain also benefits content creators, including authors, musicians, artists and photographers. Blockchain-based platforms offer unique opportunities for content creators to protect their intellectual property, receive fair compensation, and engage with a global audience. This article will explore seven blockchain-based platforms that enable content producers to earn money from their work while retaining creative control. Steemit A blockchain-based social media site called Steemit…

Texas Blockchain Council director announces run for State House

Steven Kinard, director of Bitcoin mining analytics at the Texas Blockchain Council, a crypto advocacy group, has announced that he will run for a seat in the Texas House of Representatives. In a July 11 announcement, Kinard said he planned to seek the Republican Party nomination for Texas House District 70 in the Dallas-Fort Worth area, where he would serve a two-year term starting in 2025 if elected. The candidate has worked at the Texas Blockchain Council since March 2022 following roughly three years at BOK Financial. It’s official! #HD70…

Blockchain group to push Philippines Web3 adoption via state partnership

The Blockchain Council of the Philippines (BCP) — a nonprofit organization dedicated to improving the regulatory framework for blockchain technology — has partnered with the Department of Information and Communications Technology (DICT) to foster Web3 adoption in the Philippines.  In an announcement sent to Cointelegraph, Donald Lim, the founding president of the BCP, said that the organization’s vision is to drive Web3 adoption in the Philippines. BCP’s primary goal is to propel blockchain adoption in the country and make the country a global leader in blockchain technology. To achieve this…

BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork

“If a reconciliation error occurs, the blockchain will stop producing new blocks, impacting downstream services such as bridges, deposits, and withdrawals on exchanges,” developers wrote on GitHub. “This drastic action is necessary to protect the chain and its users, so core developers and community members should investigate the issue as soon as possible.” Source link

Crypto miner Hive Digital drops ‘blockchain’ from name amid pivot to AI

Crypto mining firm Hive Blockchain is now calling itself Hive Digital Technologies — after enacting a branding pivot that seeks to highlight its foray into artificial intelligence. The Vancour-based mining company said in a July 12 statement it has dropped “blockchain” from its name to better represent the company’s “evolving focus” on revenue opportunities in graphics processing units (GPUs) and cloud computing as well as “its mission to drive advancements in AI” and support the “new Web3 ecosystem.” “As we expand our GPU Cloud business, we require a strategy that…

Google Play Joins The Tokenization Bandwagon With Blockchain Gaming And NFT Recognition

According to a recent report by VentureBeat, Google Play has updated its policies to allow blockchain-based digital content, including non-fungible tokens (NFTs) and other tokenized digital assets, in its app store.  The move is in response to the growing interest in NFTs and their unique user experiences. Google has been working with Web3 game makers such as Mythical Games to bring blockchain gaming recognition to the masses. Google Play’s Blockchain And NFT Policy Update Previously, blockchain game companies had difficulty distributing their games, as they often relied on the open…

Google Play Allows Apps, Games to Offer NFTs and Blockchain-Based Content

The post by Mills stressed the importance of user trust, noting “while tokenized assets are meant to build more enriched, immersive experiences, as an added user protection, developers may not promote or glamorize any potential earning from playing or trading activities.” This maintains Google Plays’ Real-Money Gambling, Games, and Contests policy. In effect, this means apps that haven’t met gambling eligibility requirements can’t promote buying an in-game item like a “loot box” for a chance to win NFTs. Source link

Blockchain gaming platform creates refundable NFT program

Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases.  In an announcement sent to Cointelegraph, the team explained that within the program, users who acquire NFTs called “Reverties” are eligible to get a full USD Coin (USDC) refund. The project also allows users to stake this new series of NFTs in Spielworks’s game called Dungeon Master and purchase them using USDC via a separate minting mechanism. Through the partnership, Spielworks will leverage Mycelium Network…

Ethereum Layer-2 Blockchain Starknet ‘Quantum Leap’ Upgrade Goes Live, for Speedier Transactions

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US GAO explores blockchain for SBA’s small business programs oversight

The United States Government Accountability Office (GAO) found that blockchain technology can help facilitate oversight of various programs run by the Small Business Administration (SBA). The GAO explored the potential use of blockchain in SBA programs, which provides support to entrepreneurs and small businesses. In its report, the GAO highlighted blockchain’s ability to streamline and improve annual reporting, facilitating safe loans and monitoring business development progress among others. Small Business Administration: Exploring Potential Use of Blockchain https://t.co/rJ4e8OTsc8 — U.S. GAO (@USGAO) July 11, 2023 While the SBA has not considered…