Category: Blockchain

Blockchain Innovations Unveiled at Science of Blockchain Conference 2024

Terrill Dicki Oct 13, 2024 08:43 The Science of Blockchain Conference 2024 in NYC showcased cutting-edge research and developments in blockchain technology, attracting prominent researchers and industry experts. The Science of Blockchain Conference 2024, held in New York City, brought together researchers and industry leaders for a deep dive into the latest advancements in blockchain technology. Organized by a16z crypto, the event took place from August 7-9, 2024, and featured a series of technical talks, workshops, and discussions centered around the evolving…

USDA Approves Blockchain-Based Certification System

The US cattle industry is going blockchain. Decentralized cow verification service, CattleProof’s “Verified,” has been approved, giving it the historic title as the United States Department of Agriculture’s very first blockchain-based Process Verified Program (PVP). CattleProof is a Wyoming company that uses the distributed ledger technology to store individual cow’s data.  Blockchain For Livestock Verification The electronic identification tags attached to each animal provide a combination of data, noting the animal’s condition, location, and many other attributes, which are then stored immutably on a blockchain. This change dramatically makes tracking easier…

Sui Blockchain’s DeFi Growth in Q3 2024: Key Developments and Metrics

Tony Kim Oct 12, 2024 15:56 Sui’s DeFi sector saw substantial growth in Q3 2024, driven by new technologies and partnerships. Key metrics and developments indicate a promising future for the blockchain ecosystem. The third quarter of 2024 marked a significant period of growth for Sui’s decentralized finance (DeFi) ecosystem, driven by a series of foundational developments and strategic partnerships. According to The Sui Blog, the introduction of the Mysticeti consensus engine, the Sui Bridge, and the upcoming DeepBook version 3, among…

Exploring Multidimensional Fees in Blockchain Transactions

Tony Kim Oct 12, 2024 13:09 Noam Nisan discusses the concept of multidimensional fees in blockchain, highlighting the distinction between easy and hard fee dimensions and the implications on transaction efficiency. The concept of multidimensional fees in blockchain transactions is gaining attention as experts explore how to optimize fee mechanisms. According to a16z crypto, traditional single-dimensional gas fees may not adequately address the complexities of resource allocation in blockchain networks. Understanding Multidimensional Fees Noam Nisan, a Professor of Computer Science at the…

BNB Chain to Feature at Binance Blockchain Week Dubai 2024

Timothy Morano Oct 11, 2024 02:29 BNB Chain will be a highlight at Binance Blockchain Week Dubai 2024, focusing on accelerating early-stage blockchain projects through the BNB Incubation Alliance. The upcoming Binance Blockchain Week Dubai 2024 is set to feature the BNB Chain, with the BNB Incubation Alliance (BIA) taking center stage. According to the BNB Chain Blog, this event presents a significant opportunity for the Web3 community to collaborate and drive growth in early-stage blockchain projects. Event Details Scheduled for October…

Circle Launches Native USDC on Sui Blockchain

Lawrence Jengar Oct 08, 2024 12:45 Circle has introduced native USDC on the Sui blockchain, enabling seamless access to USDC liquidity without bridging. This development supports Sui’s expanding ecosystem of over 85 applications. Circle, the prominent fintech firm, has announced the launch of native USD Coin (USDC) on the Sui blockchain, facilitating direct access for developers and users to USDC liquidity without the need for bridging. This move is part of Circle’s broader strategy to enhance stablecoin availability across multiple blockchain networks,…

Discounted Early Bird Tickets for Binance Blockchain Week Dubai 2024 Now Available

Zach Anderson Oct 08, 2024 08:27 Early bird tickets for Binance Blockchain Week Dubai 2024 are available at a discounted price of 300 USD, offering a 50% reduction from the full price. The event will be held at Dubai’s Coca-Cola Arena. Binance has announced that early bird tickets for the upcoming Binance Blockchain Week Dubai 2024 are now available at a discounted rate of 300 USD, excluding a 5% VAT. This price reflects a 50% discount compared to the standard ticket price…

GalaChain Leverages Hyperledger Fabric for Enhanced Blockchain Capabilities

Ted Hisokawa Oct 08, 2024 03:26 GalaChain utilizes Hyperledger Fabric to offer unique blockchain solutions, enabling developers to create customized networks with advanced features for the entertainment industry. GalaChain, a blockchain platform designed for the entertainment industry, is leveraging the power of Hyperledger Fabric to enhance its capabilities, according to Gala News. Hyperledger Fabric, an open-source blockchain framework, is renowned for its modular architecture and enterprise-level solutions. This framework is currently utilized by nearly 150 businesses worldwide, providing them with a secure…

Poland’s 2nd Largest Bank Uses Blockchain To Preserve Country’s Cultural Treasures

Pekao Bank from Poland, the country’s second largest lender, is making headlines by taking a bold approach to preserving art. Using the medium of blockchain technology, it has kept some of its most valuable artworks in an Arctic vault, and less exposed to the elements. This is just one of the latest developments from a growing practice: slowly but surely, more and more institutions are coming to realize that protecting cultural heritage against environmental damage and degradation is long overdue. Therefore, Pekao Bank created digital representations of art with a…

Test Your Knowledge During Binance Blockchain Week for a Chance to Win Exclusive Rewards

James Ding Sep 30, 2024 03:18 Binance launches a Word of the Day game, offering participants a chance to win tickets to Binance Blockchain Week 2024 and other rewards. Binance has announced the launch of a new Word of the Day (WOTD) game, themed around the Binance Blockchain Week. This initiative offers participants the opportunity to win exclusive rewards, including tickets to Binance Blockchain Week 2024 in Dubai, according to binance.com. The activity period for this WOTD game is from September 30,…