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tokentus informs.
News from our portfolio companies and the blockchain industry.
Despite their critical role in the cryptocurrency ecosystem, stablecoins often go unnoticed. Stablecoins are digital currencies whose value is pegged to traditional currencies like the United States dollar or the Euro. This stability offers a safe haven within the blockchain ecosystem, especially during periods of high volatility.
In the world of automotive supply chain management, the integration of innovative technologies has always been the key to staying competitive.Ā
One such technology that is reshaping the industry is blockchain technology.
Blockchain gaming is a catalyst for innovation across diverse industries. Blockchain technology is finding applications that can reshape various sectors, from finance to art. The application of blockchain in gaming leads to innovations that are transformative changes outside of the gaming industry. š®
In our rapidly evolving digital world, the rise of decentralized social media presents an alternative to the monopolistic grip held by giants such as Meta. Decentralization in social media offers innovative ways to moderate the quality of content posted online while avoiding a centralized authority.
The gaming industry has been growing for many years. Within the space, a new trend is rising on the horizon; the blockchain gaming market stands at this very intersection, redefining norms and creating a new market that is hard to ignore.
The worlds of gaming and blockchain technology are converging. This will change how gamers interact with the games and each other, reshaping interactive entertainment. š¹ā
DePIN is an acronym that is definitely worth remembering, as it will, based on the blockchain, massively change the way we think and act around the internet. š§
Blockchain technology is transforming the media industry, presenting new opportunities for cost reduction and enhanced protection of artists' intellectual property (IP).
Soul-bound tokens are a cutting-edge cryptographic concept that revolutionizes how we approach know-your-customer (KYC) processes.
One exciting development in the world of blockchain technology has the potential to reshape retail businesses and how we transact and interact with them via digital currencies. This development is Bitcoin Lightning, a game-changing solution that solves many issues which traditionally come with the Bitcoin blockchain, like low scalability and high transaction costs.
Blockchain technology is revolutionizing the healthcare industry! In today's interconnected world, ensuring the secure and seamless transfer of patients' health data is essential. Blockchain technology solves this challenge, transferring sensitive information while enhancing data accessibility and interoperability.
NFTs are unique digital assets that are increasingly used in various industries. The airline sector has taken an early flight on this trend, using NFTs to revolutionize passenger experiences and enhance security measures. Through NFTs, airlines are now working on tamper-proof digital tickets - a move that boosts security and streamlines the check-in process, safeguarding passengers and crew.
Insuretech and blockchain are revolutionizing the insurance sector in remarkable ways. These technologies enable insurance product design, sale, and service more efficiently, securely, and transparently. One notable advantage is the simplified claims process.
Amazon is planning to introduce NFTs that connect digital ownership to real-world goods, with delivery available to Prime users on the platform, at least within the United States. š¦ āļø š»
Recently,Ā BCB Group's CEOĀ Oliver von Landsberg-SadieĀ announced the company's plan to close the gap that arose whenĀ Silvergate BankĀ faced solvency issues. BCB Group aims to offer dollar-to-token access to the blockchain space by the second quarter of 2023.
Universities worldwide are increasingly adopting blockchain technology and other web3 solutions, with over 50% projected to do so by 2025. This means that students are coming into contact with blockchain technology more frequently and seeking out practical applications in their studies and future businesses.
Central-bank digital currencies (CBDCs) are rapidly developing and shaping the future of money as we know it. After the development of Bitcoin and blockchain technology, CBDCs are the next step to creating digital forms of traditional currencies issued and backed by central banks. They can revolutionize how we make payments, conduct financial transactions, and store wealth.
Recent news has revealed that several traditional financial institutions are further investing in the blockchain industry. Among these companies areĀ Citadel,Ā Credit Suisse, andĀ Deutsche Bank, who have all invested millions of dollars in the space.
T-Systems International, andĀ Commerzbank AGĀ are working together to create an innovative solution that automates supply chain processing and financing using blockchain technology. According to sources familiar with the matter, the two firms have worked on this project for over six months and plan to work withĀ Nagel-GroupĀ as their first client.
Samsung Germany andĀ Ledger, a leading cryptocurrency hardware wallet provider, have partnered to revolutionize the way we buy, sell and trade on Web3. The two companies have come together to offer a Web3 Starter Bundle onĀ Amazon, including next-generation Samsung Galaxy devices and Ledger hardware wallets.
Despite the crypto winter, financial powerhouses BlackRock ($10T AuM) and Goldman Sachs ($1.6T AuM) continue to double down on their investments in the blockchain industry. Blackrock is pushing forward with its in-house project to bring investment services to blockchain technology, while Goldman Sachs is offering tokenized assets to its clients.
Exploring the blockchain realm can be a complex and intimidating task, especially when it comes to the creation, trade, and safe storage of digital assets. However, the buzz around decentralized finance and the growth of digital assets is encouraging.
Blockchain has the potential to change the way that we store communication and information. It offers a secure and decentralized platform for the exchange of information and data.
For the last blockchain blog post of this year, we wanted to try something special before we return to our regular, non-artificial posts at the beginning of next year. So, we let ChatGPT, the new star in the app sky, write a LinkedIn post for us.
Voting is one of the most essential aspects of democracy. Making these processes as secure and transparent as possible should be the goal of governments. Blockchain technology can support this aim and improve current processes.
One of the significant issues of the blockchain ecosystem is to comply with rules in the financial market. MiCAR, TFR, and other regulations will impose strict requirements on the processes within blockchain companies, especially those active in financial markets.
Despite the recent market turbulences, big banks, other financial institutions, and the government are still working on sustainable use cases for blockchain technology. One major project is the launch of a proof-of-concept for a digital dollar platform.
After the hype about NFTs, modern digital artworks in the form of Kitties, Apes, and more became quiet.
Today those items are still traded, but the prices imploded, and people care more about the utility of the non-fungible tokens and how to use them in the ārealā world.
From ICQ to WhatsApp, centralized communication applications experience outages from time to time, which is annoying to users and problematic for institutions if it happens often. Thus, customers leave the platform.
Together with other investment companies, Microsoft invested $46 million into Wemade, a blockchain game developer from South Korea.
Previous games of Wemade were The Legend of MIR, Rides of Icarus, and MIR4, with more in the pipeline. Additionally, Wemade is creating a blockchain network (WEMIX 3.0) with a stablecoin and a DeFi protocol.
The investment bankĀ J.P. MorganĀ recently used theĀ Polygon TechnologyĀ blockchain to make a foreign exchange trade on a public blockchain to test its feasibility and usability.
Last month, the House of Lords in the United Kingdom passed a bill to support blockchain technology adoption. The "Electronic Trade Documents Bill" intends to create a modern document storage method.
Last month, the House of Lords in the United Kingdom passed a bill to support blockchain technology adoption. The "Electronic Trade Documents Bill" intends to create a modern document storage method.
After the recent crash, many investors dropped out of blockchain-related assets, especially retail investors. However, institutional involvement stays high and is increasing. Companies are still looking for ways to utilize the novel technology by either investing in it or incorporating it into their operations.
What is it like to shop in the metaverse? Walmart wants to deliver answers to that question by starting two new platforms, the Walmart Land and the Walmart Universe of Play.
In recent weeks and months, we have seen a variety of hacks and exploits within blockchain protocols or related applications. The investors facing the issues have lost hundreds of millions of dollars and thus are looking for ways to reduce their exposure to such events, especially during a bear market.
The big four firmĀ EYĀ told participants of theĀ MessariĀ Mainnet summit that they are āall-ināon public blockchains and due to a limited budget, they made the strategic decision of focussing onĀ Ethereum.
The Japanese gaming firm Sega is currently developing its first blockchain-based game. They are motivated to harvest the potential of the new developments in the gaming industry.
Blockchain technology has many reasonable use cases in the world. One of them is to replace certain middle-men, like a notary, for certain tasks. For instance, land registries do not necessarily have to be signed in front of a notary but can be stored and signed on a blockchain. In the Swiss canton Zug, for instance, there are already first applications where real estate transactions can be registered on a blockchain.
Even though interbank processes are increasingly automated, they are still heavily manual and rely on people triggering as well as monitoring them. This is true for interbank payments, liquidity management as well as settlement.
In the last years, the global supply chains were messed up. Containers got lost, important materials have been delivered with huge delays. Blockchain, together with other technologies, could help with tracking goods around the world so that big data management could solve some of the obstacles currently experienced in the supply chain networks.
The real estate space is one of the first use cases the blockchain ecosystem discovered for its technology. With innovations the real estate business can be made available for many people who could not invest in this area before, especially at current market prices.
Luxury brands like TAG Heuer, Prada, and Tiffany are using blockchain technology to improve their user experience as well as offer new products to their customers. The offerings are manifold and go beyond the use case of improved payment systems.
A report that was recently leaked shows that Google and other large tech companies invested substantial amounts of money into blockchain technology. They invested heavily in recent years with Googleās investments alone mounting up to more than $1.5 billion since September 2021.
Decentralized data provision becomes more important, also for large corporations like Mercedes-Benz AG. This, for instance, reduces the risk of a single point of failure. Therefore, the car maker entered into a partnership with Polygon Technology, one of the most popular blockchain networks in the world.