Blockchain
BLAZE protocol introduces multi-dimensional ledger to solve blockchain’s scalability dilemma
Blaze, a first of its kind block-lattice protocol designed for the ever-expanding needs of the digital economy, is commencing its private token sales and has already attracted interest from notable crypto-funds such as CRC Capital.
Blaze was founded by several technopreneurs including CEO Ankur Maheshwari, who is also Founder/CEO Deqode, a prominent blockchain development firm with 200 developers and counts big names in the blockchain space as clients. Jeremy Khoo, Managing Partner CRC Capital and Group CEO IFG Group also comes on board as Chief Product Officer.
Blaze’s unique infrastructure offers three advantages: making the governance effortless, improving the transaction processing speed and reducing blockchain bloat. The protocol has been designed to be robust and secure to support mission-critical applications. At the same time, it is flexible and resilient to keep up with the ever-changing needs of the industry.
“Having built and supported countless blockchain projects, it always comes down to how scalable versus decentralised the blockchain layer is, which is never answered convincingly,” says Ankur Maheshwari, “We therefore endeavoured to solve this complex problem, and believe we have the solution now.”
Blaze also provides a blockchain-as-a-service platform where businesses can set up their own isolated ecosystem without worrying about the security or a need to code. With features like lightweight smart contracts, smart transactions, built-in voting, messaging and more – Blaze ensures that the businesses transition fluently into the next era of technology.
With the token sales, Blaze looks to expand on its already substantial developer base and onboard high volume clients seeking the benefits of the blockchain as well as a highly scalable solution. Blaze will also commence building an open, permissionless e-commerce ecosystem that promises to be fast, scalable and register lowest fees.
With a seasoned blockchain entrepreneurial team in the fintech, IT development and e-commerce spaces, the Blaze community can look forward to major partnerships and utility on the tokens from a network as well as transactional commerce perspective.
“Blaze has been in active development for a while now, and has registered major interest from its fundraising activity,” says Jeremy Khoo, “From an e-commerce angle, IFG Group is glad to partner up and believe that we have finally found a solution to build an open commerce system for millions of users.”
Blaze is supported by a strong technical team of more than 200 active developers. The Blaze protocol has been patented on its block-lattice technology and is built in collaboration with the Institute of Engineering and Technology, India.
SOURCE Blaze
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
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