Blockchain
Blackmoon and BLOCK 30 Labs Form Global Strategic Partnership to Launch BLOCK 30 Exchange Traded Index (ETX)
Blackmoon Financial Group, a blockchain Financial Service and Fintech firm, and BLOCK 30 Financial (a wholly owned subsidiary of BLOCK 30 Labs), today announced that they have formed a global strategic partnership to create a BLOCK branded suite of Exchange Traded Index (ETX) products on the Blackmoon platform.
The new relationship between Blackmoon and BLOCK 30 will enable the two blockchain and FinTech financial services firms to work very closely together to create an ETX that tracks thirty of the top digital assets in one digital asset basket for global investors.
Introducing Blackmoon’s Exchange Traded Indexes (ETx)
“BLOCK 30 Financial is thrilled to partner with the Blackmoon team to expand our reach to global investors,” said Brian Foote, CEO of BLOCK 30 Labs + BLOCK 30 Financial. “We’ll start first with the BLOCK 30 Index ETX and move quickly across a variety of BLOCK indexes across multiple asset classes, in this unique tokenized, digital format.”
“We did 16 months of due diligence around cornerstone global partner selection for the BLOCK 30 Index ETX launch and we just came away feeling like the financial engineering and product agility at Blackmoon is literally years ahead of the traditional markets,” Foote said. “We’re honored to partner with them.”
“Blackmoon and BLOCK 30 Labs share a vision and it’s because of this that we are pleased to have discovered such an incredible organization to associate with…We are eager to release the BLOCK ETX products as soon as possible to offer this amazing investment opportunity to eligible investors globally,” said Oleg Seydak, CEO of Blackmoon
“Whether its tokenizing the Lyft IPO for investors outside of Silicon Valley or challenging the ‘yet another Mutual Fund mindset’ of Wall Street, Blackmoon is exactly where we wanted to be in terms of offering new financial products for global Millenials + Gen Z,” said Jeff Hinshaw, COO of BLOCK 30 Financial.
“57% of customers around the world are not investing in the markets right now. They’re tuning out on white collar fee loads, product redundancy and a lack of imagination in the financial markets…Blackmoon is paving a new way forward with Exchange Traded Index (ETX) products and we wanted to work with them to deliver that for millions of potential customers around the world.”
SOURCE Blackmoon and BLOCK 30
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
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