Tag: Platform

WeChat integrates digital yuan into its payment platform

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WeChat, China’s leading social networking and payment app, has added the country’s central bank digital currency (CBDC), to its payment services, according to reports in local media. The move aims to help broaden the appeal of the digital yuan. WeChat now supports the fast payment function of the digital yuan wallet, making it the second payment platform to do so after Alipay. This feature enables users to use the digital yuan for payments on certain WeChat mini-programs and other platforms. The pilot version of the digital yuan application’s “Wallet Quick…

Pakistan Banks Develop Blockchain-based KYC Platform

The Pakistan Banks’ Association (PBA), a group of 31 traditional banks operating in Pakistan, has signed off on the development of a blockchain-based Know Your Customer (KYC) platform. The move aims to strengthen the country’s Anti-Money Laundering (AML) capabilities while countering terror financing – an initiative led by the State Bank of Pakistan (SBP). As reported by the Daily Times, the PBA signed a contract on March 2 to develop Pakistan’s first blockchain-based national eKYC banking platform. The Avanza Group has been tasked to develop the blockchain-based eKYC platform named…

Amazon’s NFT Platform Could Go Live Next Month on April 24

Amazon CEO Andy Jassy is very much confident about the growth of the NFT space and we might soon see NFTs trading on Amazon this year. E-commerce giant Amazon.com Inc (NASDAQ: AMZN) is reportedly gearing up for the launch of its NFT platform very soon. As per details the launch shall happen next month on 24th of April. An exclusive report from The Big Whale shows that Amazon is getting ready to sell non-fungible tokens (NFTs) on its website. From the time of launch, nearly fifteen collections will be available on…

Snoop Dogg Emerges as Co-founder of Shiller Livestream Platform

Web3 live-streaming platform Shiller will be powered by Web3 featuring blockchain heavily on the platform. Snoop Dogg is the co-founder of the app along with technology entrepreneur Sam Jones. Snoop Dogg, the popular American rapper and actor has revealed himself as one of the co-founders of a popular Web3-based live-streaming app “Shiller”. This is yet another partnership in the Web3 space by the popular hip-hop artist. Dubbed a “live broadcast platform”, Shiller aims to combine Web3 technology with real-time live-streaming content. Snoop Dogg now features as the co-founder of the…

Snoop Dogg revealed as co-founder of Web3-powered livestream platform

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American rapper and actor Snoop Dogg has been revealed as one of the co-founders of a Web3-powered live streaming app called “Shiller” — adding to yet another Web3 partnership fothe well-known hip-hop artist.  The app is described as a “live broadcast platform” that aims to combine Web3 technology with real-time live-streaming content. The rap star has been named as a co-founder of the app, along with technology entrepreneur Sam Jones. Get ready for the Web3 live stream revolution! Say goodbye to the middlemen and hello to true creator empowerment with Shiller!…

Flare gets NFT platform to increase use cases for interoperability protocols

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Flare, the layer-1 Ethereum Virtual Machine (EVM) blockchain, went live on Jan. 10 after it launched two core protocols for decentralized interoperability applications. The blockchain network allows developers to create applications that are interoperable between various blockchain ecosystems and internet platforms. Less than one month later, on March 2, Flare welcomed the nonfungible token (NFT) platform Sparkles on its layer 1 oracle network. According to the announcement a primary goal of the Sparkles NFT platform is to hone in on the interoperability of native Flare protocols to increase use cases…

Decentralized storage platform introduces perpetual storage and community satellite

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Decentralized storage networks are getting increasingly popular over mainstream centralized ones such as AWS, Google and Microsoft. The primary reason for the shift is low cost of operations and security.  Some of the notable decentralized storage platforms are Filecoin, Siacoin, Bititorent, and Storj. Among these platforms, Storj has developed a new scalable solution called Storj NEXT, promising more scalable decentralized solutions for Web2 and Web3 firms alike. With a focus on community building, the latest upgrade introduces a new economic model that provides for broader participation in the Storj ecosystem. …