Category: Blockchain

Gaming makes up over half of blockchain industry usage, DappRadar

New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM), as per August numbers. While overall the numbers are a good indicator for the sector, it is a decrease from the previous month. Last month the gaming sector made up approximately 57.30% of industry usage (MoM). The data from DappRadar comes from the daily Unique Active Wallets (UAW). According to the surveyor, there are around 847,230 gaming-related UAW active…

Former blockchain skeptic David Rubenstein discloses investments in crypto companies

Carlyle Group co-founder David Rubenstein acknowledged on Sept. 2 that he has invested personally in a number of crypto companies, and is optimistic about the industry’s path to regulation in the United States. Speaking with CNBC’S Squawk Box on Thursday, the billionaire said he believes that government regulation will be positive for the industry, and that the U.S. Congress will tak a collaborative approach to boost an innovation environment in the country. “The crypto constituency is very strong in congress [and] they tend to be very Republican [or] very libertarian,” he noted.…

Mayo Clinic taps into blockchain technology for clinical trial design

On Thursday, Dutch blockchain startup Triall announced that it has partnered with American nonprofit medical center Mayo Clinic to optimize clinical trial design and the management of study data. Starting this September, Triall’s eClinical platform will support a two-year multi-center pulmonary arterial hypertension clinical trial that includes 10 research sites and more than 500 patients across the United States.  The software will support activities such as data capture, document management, study monitoring and consent. As told by Triall, the purpose of the collaboration is to demonstrate an immutable public ledger…

Blockchain firms fund university research hubs to advance growth

The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach $69 billion by 2030. While notable, it’s become critical for the industry to enable rigorous research into the development of the blockchain sector.  Tim Harrison, vice president of community and ecosystem at Input Output Global (IOG) — the developer arm behind the Cardano blockchain — told…

Ticketmaster Partners with Flow Blockchain to Mint Live Event Ticket NFTs

American ticketing company Ticketmaster announced that it will enhance the fan event experience through digital collectable NFTs, and will mint ticket NFTs for selected events on Dapper Labs’ Flow blockchain, providing users with a new experience. Ticketmaster will issue NFTs for event organizers to provide fans with live events before, during and after the event. At the same time, fans can share or activate online through digital souvenirs to receive unique loyalty rewards, VIP participation opportunities and more. Ticketmaster previously partnered with Flow to distribute more than 70,000 one-to-one virtual commemorative ticket…

Film and Television Revolutionized by the Blockchain

Over the last few years, fans of television and film have seen a shift in content consumption during the highly public “streaming wars” around the world. The entertainment industry moved away from physical stores and DVDs, into the digital streaming model. Now, the blockchain and its decentralized philosophy offers fans a more immersive way to participate in the content they consume. In this new model, fans will not only be able to stream content, but directly support the community by owning and operating Film Nodes and NFTs, while gaining access…

Helium devs propose ditching its own blockchain for Solana

Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30.  The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by users installing a Helium Hotspot to provide decentralized wireless 5G network coverage for internet users in their area. Helium uses a unique consensus mechanism — proof-of-coverage to verify network connectivity and distribute HNT tokens to…

Ticketmaster Teams With Dapper Labs’ Flow Blockchain For Live Event NFTs

Tickets have been associated with NFTs but have been largely untapped from some of the major conglomerates in the ticketing business to date. Ticketmaster could be looking to really get in the mix, however, with a renewed effort this week; Ticketmaster and Dapper Labs, creators and operators of the Flow blockchain, announced a partnership to spur growth in live event NFTs. Ticketing is often cited among NFT advocates as one of the top potential use cases among NFTs beyond jpegs. Can ticketing unlock the next level of utility? A dominant…

Ticketmaster selects Flow blockchain for minting NFT event tickets

According to Flow, a digital engagement layer-1 blockchain created by Dapper Labs, Live Nation’s subsidiary Ticketmaster has unveiled nonfungible tokens (NFTs) tickets for event organizers minted on its blockchain. The primary purpose of the NFT tickets will be for commemorative value. But aside from being used as mementos, they can also be used as proof of attendance at notable concerts.  However, such virtual commemorative tickets are not valid for entry. One still needs to show a purchased ticket with a bar code from Ticketmaster or Live Nation for entry. As told…

Friends or Enemies? – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Whilst Bitcoin hovers around $20,000, Bitcoin mining is becoming more and more sustainable. It has been reported that around half a dozen Colorado-based gas and oil companies are teaming up with bitcoin miners in order to implement gas-to-Bitcoin flare mitigation solutions. This is after Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere in November 2020. It has also been reported that the technology used reduces 99.8% of methane compared to 93% for traditional flaring,…