Category: Blockchain

Blockchain Startup W3BCloud to Go Public via SPAC Deal

Blockchain cloud infrastructure service provider W3BCloud is set to go public via a Special Purpose Acquisition Company (SPAC) dubbed the Social Leverage Acquisition Corp I (SLAC). According to the transaction document, the SLAC vehicle is being sponsored by Social Leverage, a leading early-stage VC. The proposed funds to be raised via the SPAC are pegged at about $100 million. Going public through a special purpose acquisition company is an alternative route designed for startups looking to raise funds and trade on public bourses.  They are generally a faster-track option for…

How blockchain technology can revolutionize international trade

Since time immemorial, technological innovations have shaped the structure of commerce and trade. The discovery of electricity encouraged mass production and the advent of steam engines ushered in an era of mechanized production.  From information to communication, technology has been used everywhere to make life easier. For this reason, blockchain technology has been tapped by many as the next big thing, considering its use cases which cut across numerous industry verticles. Mainly used in keeping records of transactions, blockchain technology is a type of distributed ledger technology. Blockchain makes a…

Can blockchain be used without cryptocurrency?

A blockchain without cryptocurrency is a distributed ledger that stores data associated with nonfungible tokens (NFTs), supply chain initiatives, the Metaverse and more. Even though Bitcoin (BTC) is the most known application of a decentralized ledger or blockchain, there is a wide range of other uses of blockchain technology. For instance, blockchain technology can be utilized in various financial services including remittances, digital assets and online payments because it enables payments to be settled without a bank or other middleman. Furthermore, the next generation of internet interaction systems including smart…

Positivity blazing through a bear market: Blockchain Economy Istanbul 2022

Held at Hilton Bomonti, a fancy hotel next to a renovated and repurposed beer factory in Istanbul, the fourth iteration of the Blockchain Economy Summit 2022 (BE2022) proved to be a significant step-up compared to its pre-pandemic predecessors. The previous summit, BE2020, was held at the WOW Convention Center two years back. In addition to being situated in a harder-to-reach part of Istanbul, the summit coincided with the COVID-19 outbreak, further impacting the overall attendance. Since the sole purpose of that venue was organizing large-scale events, the crypto community from…

Immunify.Life Poised to Transform Global Healthcare with Real-World Blockchain Use Cases

Immunify.Life leverages fast, secure, and cost-effective Cardano Blockchain to revamp patient data collection and provision Infections and diseases kill millions of people around the world every year, but ineffective healthcare processes and policies have a significant negative impact on patient outcomes as well. From relapsed patients and delays in providing care to inaccurate patient data and misaligned incentives between different players in the healthcare space, the status quo is in serious need of redesign. With the security, reliability, privacy, and cost-effectiveness of blockchain technology, Immunify.Life is a transformative app that…

If a Recession Fell Over in the Woods, Would it Make a Sound? – Blockchain News, Opinion, TV and Jobs

By Adrian Kenny, Senior Sales Trader at the publicly listed digital asset broker GlobalBlock  The week has continued a very welcomed up trend, at the time of writing, with Bitcoin sitting at a price of $23,911.13. After briefly hitting the 24k mark earlier this week, the digital asset continues to consolidate within this range comfortably for now, at least in the short term. The Crypto, and wider markets in general, have seen somewhat of a relief rally in the last few days. This uptick is off the back of the news the…

Blockchain technology can help create safe and inclusive adult platforms

The cryptocurrency market is no stranger to speculation. Consider that despite this industry’s growth, many continue to view these assets and associated technologies as a bubble that is about to burst.  As history has proven, overcoming the technology adoption curve comes down to a major use case, or the so-called “killer app.” Although there is no clear frontrunner, the adult entertainment industry has proven to significantly advance new technology iterations in the past and presents an interesting proposition for the future of cryptocurrencies.  The adult entertainment industry is believed to…

Is There Such a Thing as a Bullish Rate Hike? – Blockchain News, Opinion, TV and Jobs

By Ben Small, Analyst at the publicly listed digital asset broker GlobalBlock  The crypto market has started the second half of this week on the front foot on the back of the latest interest rate decision in the US. Despite starting the week under plenty of pressure in the build-up to the decision, a sea of green is showing across digital assets since. BTC rebounded back above the $23.840k mark placing the market leader comfortably within its higher ranges of the last 6 weeks. ETH has jumped by as much as 13% since…

How to build your first blockchain on Substrate?

When Ethereum was launched in July 2015, the world was introduced to the concept of smart contracts that hoped to revolutionize the blockchain space and allowed anyone from developers to enthusiasts to deploy decentralized applications (DApps) on the Ethereum mainnet.  With various DApps currently in use across different blockchains like Ethereum, they offer many use cases including banking, gaming, finance, online shopping and social media, with an ever-expanding user base across the globe. Having provided the infrastructure needed for developers to create innovative digital applications, Ethereum, however, has limitations such…

PolkaFantasy’s New NFT Marketplace aimée Features Exclusive Collection from Mega Man’s “Beastroid” – Blockchain News, Opinion, TV and Jobs

PolkaFantasy, the world’s first Japanese ACG-dedicated blockchain ecosystem, announced the launch of their rebranded NFT marketplace, aimée, on a quest to bring people from all over the world together for their love of NFTs on August 4th and 7th. As part of the launch, aimée is featuring an exclusive NFT collection with legendary artist, Keiji Inafune-san, known as ‘Beastroid.’ Regarded for his prolific art career and contributions to Mega Men and Street Fighter, Inafune-san has lent his fantastical genius to the creation of a robot-futuristic world where Beastroid fights to save…