Tag: Blockchain

NEO is a unique blockchain platform that combines digital and traditional assets to create a "smarter economy." The project originates from China and has the Government's full backing. This unusual partnership has given it the label of "Chinese Ethereum.” While it's still far from Buterin's groundbreaking blockchain, NEO's exciting features set it apart in the Cryptosphere. For instance, it uses two different tokens. It uses one (NEO) for payments and the other (GAS) for transaction fees. Furthermore, NEO seeks to…

Accounting firm Ernst & Young (EY) just announced that it would be using the Polygon protocol to implement its blockchain solutions on the Ethereum ecosystem. The firm said the new development would enable a future transition to less risky and more efficient public networks.  According to a recent press release, EY will adopt Polygon’s chain scaling solutions to uplift transaction volumes. This union will allow more predictable costs and settlements for business customers. The firm also disclosed it is engaging with Polygon blockchain scaling…

Open Sea is one of the most reputable NFT marketplaces in existence. The network enables users to buy, sell, and explore collectibles, game items, Art NFTs, and various other digital goods. Notably, Open Sea was the first NFT marketplace to enter the market. This pioneering spirit enabled the platform to establish and maintain a dominant position in the market.   Today, Open Sea still operates as the largest NFT marketplace in terms of the daily trading volume. The network has +4 million…

At the end of September, Solidproof will launch Audit Tool, a pivotal service for blockchain projects. Through it, the German-based audit plans to improve the security of DeFi protocols, which often fall victim to hackers. Just recently, a white hat hacker deprived the Poly Network of $600 million worth of digital assets. To the hacker's defense, he later returned the money. However, the event exposed the vulnerabilities of crypto projects that usually launch with faulty or unaudited smart contracts. Solidproof…

It is quite obvious that the total market cap of cryptocurrencies has enjoyed impressive growth since their inception. It was able to hit the magic $2trn figure, standing at $2.064trn as at the time of writing. That is close to 2.5 times the value of crypto at the start of this year, 2021, as per coinmarketcap data. While all these huge figures are truly impressive, things haven't been like that. The increased market capitalization has been more of a result…

The growth of Defi has been impeccable since its launch. Today, the ecosystem consists of several classes of Defi smart contracts. Among them are platforms for lending and payments, DEXs, derivatives, insurance, staking, and NFTs. However, one problem that the DeFi space has to counter is complexity. To enjoy different Defi services, you must register accounts on several applications. This comes with numerous inconveniences. What if there was a platform that integrates the many Defi services in one dashboard? Vortex…

aelf blockchain is, by all means, one of the most interesting blockchain projects right now. It is a decentralized cloud computing platform that enables businesses to build their DApps on proprietary side chains. Besides being bulletproof safe, it is self-evolving, scalable, and lightning-fast. Above all, it incentivizes users to participate in a unique and rewarding form of governance. In this guide to aelf, we take a closer look at what may be the next breakthrough in blockchain technology. Read on…

If you haven't heard of NFTs, you must not have been following the latest crypto trends. These unique tokens are quickly gaining attention even beyond the crypto sphere. As more NFT projects emerge, we'll see the impact they will have on the global economy. Now, we are going to talk about Sealana NFTs. The newest contenders in the game are Sealana NFTs. These tokens are built on the Solana blockchain and are just making their way onto the scene with an upcoming initial…

The crypto world is growing at an interesting rate, with new projects coming up every other month as solutions to the financial world. For that, people around the world hold annual events to celebrate crypto progress while at the same time discussing the future. Top industry experts and project developers often organize these events inviting reputable people in the fintech industry to offer ideas and opinions on several topics about cryptocurrencies. Some of the events occur annually, while others are…