Tag: Palm

ConsenSys-Backed Palm Blockchain to Host DC Comics NFT Drop

The ConsenSys-backed Palm blockchain scored a major win on Wednesday morning, announcing that the network will be home to a non-fungible token (NFT) drop from legendary comics publisher DC. The NFTs will be “a thank you to its legion of loyal fans and an invitation to attend DC FanDome on Oct. 16,” per a press release shared with CoinDesk, and conference attendees will be able to claim the NFTs for free. Much like the “Space Jam 2″ drop Palm hosted earlier in the year, collectors will also be able to…

ConsenSys’ Palm Blockchain to Host DC Comics NFT Drop

The ConsenSys-back Palm blockchain scored a major win on Wednesday morning, announcing that the layer 2 chain will be home to a non-fungible token (NFT) drop from legendary comics publisher DC. The NFTs will be “a thank you to its legion of loyal fans and an invitation to attend DC FanDome on Oct. 16,” per a press release shared with CoinDesk, and conference attendees will be able to claim the NFTs for free. Much like the “Space Jam 2″ drop Palm hosted earlier in the year, collectors will also be…

ConsenSys announces layer-two NFT platform, Palm, to compete with Flow

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With a possible billion-dollar nonfungible token drop and a high-powered, multiproject collaboration in the works, the Ethereum ecosystem may finally be ready to compete with NFT-centric blockchain Flow.  In a press release today, Ethereum software developer ConsenSys announced Palm, an environmentally friendly NFT scaling solution. Palm will be a sidechain designed to be “fully connected” to Ethereum, sporting faster settlement times, lower fees and an especially light carbon footprint — a noted bugaboo for artists as of late. Ethereum’s community — one of the chain’s advantages over the faster, more…

Malaysian Blockchain App Allows Users to Trace Sustainable Palm Oil

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The Malaysian Palm Oil Council (MPOC) and blockchain startup BloomBloc have developed a blockchain app that enables users to trace palm oil throughout the entire supply chain. Following a successful test, the blockchain-based system is available in a pilot roll out to local oil palm growers, palm oil processors, plantations and family owned smallholders, according to food industry publication Foodbev Media. The system registers each tree and its associated information, making it possible for users to track the journey from plantation, to mill, and on to the final product. The…