Blockchain
BLAZE protocol introduces multi-dimensional ledger to solve blockchain’s scalability dilemma
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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
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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