Tag: BlockchainBased

South African University to Issue Blockchain-Based Certificates to Graduating Students – Blockchain Bitcoin News

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A South African university has said starting this year it will issue blockchain-based certificates to students graduating from the learning institution. University administrators argued that a blockchain-based certification system will help prevent fraud and end the production of fake documents. QR Code for Each Certificate A South African learning institution, the University of Johannesburg (UJ), has said it will issue blockchain-based certificates to its graduates starting this year, a report has said. According to the report, each qualification document issued by the university will have a QR code which will…

Blockchain-based Games Rallied Up 2,000% in One Year, DappRadar’s Latest Report Shows

DappRadar, a major online platform that offers information and insights about all the existing blockchain-based decentralized applications (DApps), Wednesday disclosed through its Blockchain Games Report that interest in blockchain-based games has risen by 2,000% since Q1 of 2021. The study shows that blockchain games are leading in decentralized applications, which put them at 52% of all blockchain activities. The report further reveals that blockchain games attracted 1.22 million unique active wallets (UAW) in March of this year. According to the report, Axie Infinity, a platform that offers decentralized games, was…

Krafton Partners with Solana Labs to Develop blockchain-based Games

Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world. Krafton, stylized as KRAFTON which was formerly known as Bluehole, is a South Korean company that develops and distributes video games based in Bundang-gu, Seongnam. The South Korean gaming giant hopes to boost its position in the market by developing a Metaverse “money-making” game using blockchain technology. The company even made its wildly popular PUBG game free last year. PUBG is ranked among the top downloaded games on…

EU Set to Experiment With Blockchain-Based Stock, Bond and Fund Trading

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EU Set to Experiment With Blockchain-Based Stock, Bond, and Fund Trading

Mairead McGuinness, the European Commission’s most senior financial-services official, hailed what she described as “groundbreaking work” that could enable financial markets to “safely experiment” with innovative technology more efficiently by allowing traditional financial instruments like stocks, bonds and exchange-traded funds to be tokenized in spite of strictures normally contained in EU law. Source link

Blockchain-based Distribution Protocol TravelX Raises $10m in Seed Round

TravelX, a company focused on using blockchain technology for distribution in the travel industry, has raised $10 million in a seed round led by Borderless Capital. The new funding raised will be used for a blockchain-based distribution protocol that the company will launch later this year. The protocol price allows airlines of all kinds and travel suppliers to tokenize inventory and create new distribution models and new use cases. Other investors include Algorand, Draper Cygnus, Myelin Capital and Monday Capital. Juan Pablo Lafosse, CEO of TravelX, said he is excited to…

True Tickets powers blockchain-based Broadway tickets sales

True Tickets, the blockchain-based digital ticketing platform, made its Broadway debut last Fall in collaboration with the Roundabout Theatre Company in New York City. After a “successful” run thus far delivering digital tickets to the Trouble in Mind play and Caroline, or Change musical, Matthew Zarracina, Co-founder and CEO of True Tickets, talks blockchain and ticketing with Cointelegraph. When a prospective theatre-goer completes a ticket purchase on the Roundabout website and chooses a digital delivery, as opposed to picking up a ticket at will call or printing it at home, that’s True…

Saudi Arabia Medical Institution Implements Blockchain-Based ‘Digital Credentialing Solution’ – Blockchain Bitcoin News

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Saudi Arabia’s King Faisal Specialist Hospital and Research Centre recently became one of the country’s early adopters of blockchain technology after it implemented a “digital credentialing solution.” Saudi Arabia’s Blockchain Goal The Saudi Arabian medical institution, King Faisal Specialist Hospital and Research Centre, (KFSHRC) recently completed a deployment of blockchain tech when it implemented “a digital credentialing solution” for all patients that use its facilities. The implementation was carried out via the recently launched Blockchain Lab which has already identified several viable use cases for the technology. As a result…

Blockchain-based internet company 3air abandons Cardano for SKALE network

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Africa-focused blockchain internet company 3air has officially abandoned the Cardano blockchain in favor of SKALE, a network powered by Ethereum, after reporting a “massive talent shortage” for Haskell developers.  The skillset for Haskell, which is Cardano’s primary programming language, appears to be in short supply, according to 3air CEO Sandi Bitenc. After spending months actively recruiting for senior Haskell coders to build on Cardano, 3air was only able to obtain two entry-level part-time developers, said Bitenc. Although the company reached out to development agencies recommended by Cardano, 3air still wasn’t…

Blockchain-based decentralized messengers: A privacy pipedream?

As people all over the globe have become increasingly aware of their privacy rights and how they are constantly being violated by various prominent social media platforms, the need for tangible, decentralized alternatives has continued to grow rapidly. For perspective, in 2019, Facebook was ordered to pay a mind-boggling $5-billion fine by the United States Federal Trade Commission for improperly acquiring private data of up to 87 million of its users. Just a year later, the social media giant had to shell out another $550 million to settle a privacy…