Tag: Launches

EU embraces blockchain, launches official platform to transform data management

The European Blockchain Services Infrastructure (EBSI) is launching a publicly accessible blockchain platform in collaboration with Norway and Liechtenstein. The regulated and permissioned blockchain will transform data management with its security and transparency. JUST IN: EU Develops its Own Official Blockchain. Belgium aims to transform EBSI technical project into political projects during its European presidency in 2024, according to a minister. — Crypto Research Group (@CRG_crypto) May 9, 2023 Distributing nodes To promote blockchain adoption across the European Union (EU), the new initiative will see Germany, the largest economy in…

Aragon launches defensive measures against Arca’s ‘51% attack’

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Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has pulled plans for its native Aragon (ANT) token holders to be given voting rights over the future direction of the organization. The Aragon Association, a Switzerland-based organization that oversees the management of Aragon said in a May 9 tweet it exercised its “fiduciary duty” to secure its treasury and overall mission by “repurposing the Aragon DAO as part of a new grants program.” The decision was made after the recently launched Aragon DAO suffered a 51% attack at…

Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption – Bitcoin News

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Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to sign into different websites, crypto applications, and share personal data in a privacy-focused manner. Worldcoin Unveils World App The Worldcoin project made an announcement on May 8, 2023, revealing the launch of their new World App. The application dubbed the “minimalist wallet” is designed to bring “decentralized identity and finance” to the…

MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users

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MakerDAO, a decentralized autonomous organization that operates on the Ethereum blockchain and issues stablecoin DAI, has announced that it has launched the Spark Protocol, a lending solution for DAI users.  Announcing the Spark Protocol launch ⚡️ Starting May 9, 2023, Spark Protocol will be available to all DeFi users. An end-user, DAI-centered DeFi product deployed on Ethereum with supply and borrow features for ETH, stETH, DAI, and sDAI. pic.twitter.com/oLa8oeBmL1 — Maker (@MakerDAO) May 8, 2023 According to the Twitter announcement, the first version of the Spark Protocol will act as a…

State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT

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Iflytek, a state-subsidized Chinese artificial intelligence (AI) company, recently announced the launch of “Spark Model,” an AI system designed to compete directly with OpenAI’s ChatGPT. The launch took place at a tech event in HeiFei called “Spark Desk,” and featured a full demonstration of the new system’s capabilities. .#China‘s leading intelligent speech and artificial intelligence (AI) company iFLYTEK launched its generative language model on Saturday. The company said it will keep updating it to a version better than the rival ChatGPT by Oct.. pic.twitter.com/zjSrPbAXKy — Beijing Daily (@DailyBeijing) May 8,…

Immutable Launches Decentralized Blockchain Payment Solution for Digital Goods

Immutable Checkout boasts a one-stop-shop payment solution for digital products like in-game items and NFTs.  Immutable has introduced a new payment solution for decentralized games and the Web3 marketplace. Reports state that the blockchain gaming firm’s new scheme promises to make payments more seamless and straightforward. The consensus is that the solution, called Immutable Checkout, will also revolutionize online transactions involving digital goods. This will happen because the Immutable payment solution’s decentralized infrastructure can manage all payment processes driven by blockchain technology. Built on the Ethereum blockchain, Immutable Checkout caters to…

Aave V3 launches on Ethereum layer-2 network Metis

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Decentralized liquidity protocol Aave has deployed on Ethereum (ETH) layer-2 scaling platform Metis, bringing a host of decentralized finance (DeFi) features and products to its ecosystem. Aave’s community recently voted in favor of a proposal deploying on zero-knowledge (zk) proof EVM zkSync, paving the way for the DeFi protocol to tap into powerful performance improvements delivered by the scaling infrastructure. A number of different zk-proof-powered layer-2 protocols are being developed by Ethereum ecosystem participants, providing the wider space with a choice of infrastructure to scale their respective platforms. While Aave…

Human ID project ‘Worldcoin’ launches gas-free wallet only for humans

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Worldcoin, a project to identify humans and distinguish them from artificial intelligence, has launched a gas-free crypto wallet for verified humans, according to a May 8 announcement.  The new wallet, called “World App,” works on Android and iOS operating systems. It currently runs on the Polygon (MATIC) network, allowing users to hold and transfer United States Dollar Coin (USDC), Dai (DAI), Ether (ETH), Worldcoin (WLD) and Wrapped Bitcoin (WBTC). World App uses the project’s “World ID” system to discriminate between humans and bots. Users who want to take advantage of…

Cardano’s Layer 2 Scalability Solution Launches on Mainnet, Here’s What to Expect

The Cardano community is expecting at least, three key releases from the platform this year. Cardano may have taken its quest for scalability to another level with its Hydra upgrade which has now gone live on mainnet. The update was shared by Input Output Hong Kong (IOHK), the start-up behind the Cardano protocol. According to IOHK’s Twitter announcement, the first Hydra head has opened on the mainnet. For clarity, the Hydra head is the first member of the Hydra family protocol. And according to the Cardano team, each head “works…

Solana Foundation Launches NFT Showdown Contest

Evaluation of participating projects will be based on their business acumen, creativity, focus on users, employing Solana tech, and real-world use of the product. Winners will get a chance to work with industry experts who will provide guidance to make their projects real. The Solana Foundation has launched an initiative that focuses on non-fungible tokens (NFTs) and aims to “strengthen the quality” of new NFT projects. Called “NFT Showdown”, Solana’s idea is basically a competition that invites artists to come up with innovative business plans and create collections with “real-world…