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Belfrics Group launches a blockchain skill-drive initiative in association with DIT

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Belfrics Group, one of the largest international blockchain conglomerates of the world, in association with Dar Es Salaam Institute of Technology (DIT), one of the leading technology and engineering institutes in Tanzania and the East African region, today announced a joint initiative to develop a pool of talented and skilled technology professionals for blockchain as a domain. Belfrics Academy SDN BHD, the research, international training and skill development vertical of Belfrics Group of Companies, would lead the efforts to address the knowledge-gap and the rapidly growing requirements Blockchain Talents in the industry.

On this momentous association, Mr. Praveenkumar Vijayakumar, Founder and CEO — Belfrics Group of Companies said“We all know that the Internet is filled with the so many online courses on Blockchain technology. But the sad reality is that, the quality of talent and knowledge that is out there, is not even close to what the industry needs. There is still a humungous knowledge-gap, and a huge void in terms of the quality and quantity of blockchain talent in the market. This is not only an Africa problem; this is a world problem! And we are happy to have associated with an esteemed institute like DIT which is synonymous with technology as an industry.”

DIT, being one of the leaders in the space of capacity building for the latest technologies in the industry, keenly believes blockchain to be the next big wave in the digital transformation of the world, and especially, Africa. Similarly, Belfrics Group of companies has been one of the leading conglomerates spearheading the blockchain movement across the globe. With its presence in Asia Africa Middle East and South America regions, Belfrics is one of the few global companies to have worked with government bodies, financial regulators, and conglomerates for a blockchain-ready infrastructure.

We are pleased to see educational leaders like DIT come forward and being open to the need of the industry. I would say, that this is the right time, between being proactive or before being reactive to the industry demands. Employment and development is Key, and for that we must understand where the future is. DIT is doing just that. In fact, we’re pleasantly surprised to see the level of awareness and requests from other prestigious institutes from the East African Region for blockchain skill development. Since we are one of the major blockchain talent hirers ourselves, we are very much aware of the quality and quantity of the talent available currently. Such collaborations are required to address the current gap,” says E C Uday Senan, Global Strategist — Belfrics Academy.

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Blockchain technology is among the emerging technologies that will soon revolutionize the internet and the ICT industry. Due to its inherent features, such as distributed system with no single point of failure, usage of cryptograph for data protection, and fast data transfer and sharing of digital assets, Blockchain has huge potential and a number of applications, particularly in developing countries. To leverage the potentials of this technology, it is critically important we create awareness of the technology as well as build the capacity of our students, staff and the general public. This is exact what DIT will do in collaboration with Belfrics. This will enable DIT to become the hub of blockchain technology, the hub where capacity building of our people as well as experimentation and eventually development of the blockchain systems for improving government service delivery will take place,” says Dr Joseph W. Matiko, the Director of ICT Centre at Dar es Salaam Institute of Technology.

“DIT is positioned to support the industrial economy by creating skilled workforce for the nation. Therefore, collaboration between DIT and Belfrics is important for capacity building of our students and staff and creating the digital skilled workforce in the country. We are really pleased to establish this collaboration because it is in line with our strategies of teaching factory concept and engagement of the industry in teaching and learning activities,” says Prof Preksedis M. Ndomba, Principal of the Dar es Salaam Institute of Technology.

“We are excited to partner with Dar es salaam Institute of Technology (DIT) on the launch of Blockchain Trainings for Corporates, DIT Students and Staff Members and the Tanzania Community at large. Blockchain Technology ensures digital skills are accessible to Tanzanians particularly youth and supports with securing meaningful opportunities where they can apply their talents, ideas and expertise to advance the Country’s economic, Industrialization and social development,” said Aziz ChonyaDirector, Belfrics Tanzania.

The collaboration between DIT and Belfrics comes in at a very crucial stage, with Africa being closely eyed as the next talent-hub by the world. With blockchain strongly anticipated to be the driver for the next stream of technological innovations, African countries “stand to benefit from this shift more than other nations because most of Africa has a Greenfield in banking, finance, health and other legacy infrastructure. Africa has a unique opportunity to leapfrog in many areas and develop new infrastructure and use cases to power the future” according to an article on medium.

Belfrics Academy, the international research and skill-development vertical of Belfrics, is dedicated to customized blockchain training for Universities, Colleges and training institutes, and capacity building for Government bodies, Regulators and Private Organizations. Belfrics Academy also mentors and nurtures Blockchain talents by setting up Innovation-hubs within the University campuses to drive and mentor more blockchain talent and ideas.

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Belfrics is one among the very few companies who have developed and built their own blockchain, ‘Belrium’, which is now live and deployed, and which is being seriously considered as the technology carrier by many government bodies and conglomerates for solutions from identity data harmonization, to supply chain infrastructure, to smart governance infrastructure to healthcare infrastructure, around the globe.

DIT and Belfrics Academy, through this collaboration, aim at nurturing as much talent as possible in the academic year of 2019, as the demand is rapidly increasing, thus resulting in employment of young Africans in this technology space.

For more information about Dar Es Salaam Institute of Technology, please visit https://www.dit.ac.tz and http://belfricsacademy.com for more information about Belfrics Academy.

Blockchain

EAT & BEYOND ANNOUNCES PROPOSED NAME CHANGE AND UPDATED INVESTMENT POLICY

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Blocks & Headlines: Today in Blockchain – May 30, 2025 (Fraser Edwards, Kyiv NFT, Spirit Blockchain Capital, Indian eHealth, Hedera)

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Blockchain technology and cryptocurrencies continue to redefine industries—from competitive gaming and cultural heritage preservation to corporate finance, healthcare, and alternative tokens. Today’s briefing highlights five pivotal developments shaping the ecosystem: Fraser Edwards’s vision for trust in eSports; Ukraine’s wartime cultural preservation via NFTs; Spirit Blockchain Capital’s Q1 2025 operational report; India’s push for blockchain-enabled electronic health records (EHRs); and the rise of viral altcoins such as UniLabs, Sui, and Hedera Hashgraph. Together, these stories illustrate the themes of trust and identity, preservation and provenance, institutional maturation, public-sector innovation, and token diversification. In this op-ed–style round-up, we distill the essence of each story, cite sources, and offer analysis on how they advance Web3, DeFi, and NFT frontiers.


1. Rebuilding Trust in eSports: Can Blockchain Fix Competitive Integrity?

Source: CCN

Summary:
In a recent CCN interview, veteran trader and eSports investor Fraser Edwards argues that blockchain’s immutable ledgers can restore credibility in the rapidly commercializing world of competitive gaming. According to Edwards, match-fixing scandals and opaque prize-pool distributions have eroded fan confidence. By tokenizing tournament entries and payouts on public blockchains—complete with smart-contract–enforced escrow—organizers can guarantee that prize monies are distributed exactly as advertised, and that no post-match manipulation occurs. Tournament operators in Asia and North America are already piloting Ethereum-based payout dApps, aiming to increase transparency for players and sponsors alike.

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Key details & analysis:

  • Smart-contract escrow: Funds are held in a time-locked contract that releases prize money only upon verifiable match results. This prevents disputes over referee decisions or delayed payments.

  • On-chain reputation: Player and team reputations can be tokenized via non-fungible reputation badges that accrue based on fair play and community votes—discouraging cheating.

  • Scalability concerns: High-traffic tournaments may require Layer 2 rollups or alternative chains (e.g., Polygon, Immutable X) to reduce gas costs and latency.

Opinion: Blockchain’s dual promise of provable fairness and programmable finance makes it uniquely suited to eSports. Yet adoption hinges on UX: seamless wallet integrations, minimal transaction fees, and clear regulatory guidance on esports tokens.


2. When Art Meets Blockchain: Ukraine’s Wartime Cultural Preservation

Source: The Kyiv Independent

Summary:
As monuments crumble under artillery fire, Ukrainian curators and technologists are partnering to mint NFTs representing lost or endangered artifacts. The Kyiv Independent reports that the National Art Museum of Ukraine has launched “Project Phoenix,” tokenizing high-resolution 3D scans of sculptures, manuscripts, and paintings. Proceeds from initial sales fund restoration and digital archiving efforts. Each NFT embeds provenance metadata—including GPS coordinates, curator notes, and condition reports—ensuring that future generations can verify authenticity and context, even if the physical artifact is destroyed.

Key details & analysis:

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  • Metadat­a richness: Beyond simple ownership, NFTs store structured metadata—using ERC-721 metadata extensions—that capture curatorial insights and conservation logs.

  • Decentralized archives: IPFS and Arweave are employed to host ultra-high-resolution imagery, with on-chain hashes guaranteeing data integrity.

  • Community engagement: Fractional-NFT drops allow diaspora communities to collectively own tokens, strengthening cultural ties and crowdfunding preservation.

Opinion: Blockchain’s ability to immutable record heritage provides a lifeline for war-torn nations. However, ensuring that local institutions retain governance over metadata edits and future migrations is critical to avoiding “cultural colonialism” by global NFT marketplaces.


3. Spirit Blockchain Capital’s Q1 2025 Highlights: Growth, Investments, and Outlook

Source: GlobeNewswire

Summary:
Spirit Blockchain Capital’s Q1 2025 report benchmarks the firm’s operational milestones and financial performance. Assets under management (AUM) climbed 45% to $1.02 billion, driven by strategic allocations to top-tier Layer 1 and Layer 2 protocols, DeFi liquidity pools, and a newly launched token-index fund. Operating income rose 37%, fueled by management fees and performance incentives. The firm also closed its second blockchain-focused venture fund at $150 million, earmarked for early-stage Web3 projects in gaming, infrastructure, and decentralized identity.

Key details & analysis:

  • Diversification strategy: 60% of AUM in blue-chip cryptocurrencies (Bitcoin, Ethereum); 25% in DeFi (Aave, Uniswap, Lido); 15% in tokenized commodities and NFTs.

  • Fund performance: The flagship fund delivered a 9.8% return in Q1, outperforming the 6.2% benchmark set by the Bloomberg Galaxy Crypto Index.

  • Venture investments: Early stakes in zero-knowledge proof startups and decentralized storage platforms signal confidence in scalability and privacy innovations.

Opinion: Spirit’s robust growth and disciplined diversification mirror institutional maturation in the blockchain asset management space. As regulatory clarity improves, expect further inflows from endowments, pensions, and family offices.

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4. Blockchain EHRs in India: The Next Digital Health Revolution

Source: ORF

Summary:
The Observer Research Foundation (ORF) details India’s pioneering pilot of blockchain-backed electronic health records (EHRs) in the state of Andhra Pradesh. By leveraging a permissioned Hyperledger Fabric network, the initiative ensures that patient records—from vaccination histories to diagnostic imaging—are securely shared across hospitals, clinics, and pharmacies. Patients control access via digital identities anchored to India’s Aadhaar system, granting temporal permissions for data viewing and preventing unauthorized sharing.

Key details & analysis:

  • Interoperability: HL7 FHIR standards are mapped to on-chain transactions, enabling seamless data exchange with existing hospital information systems (HIS).

  • Privacy safeguards: Off-chain storage of PHI (Protected Health Information) is encrypted with patient-held keys; only hashed pointers reside on-chain to ensure immutability without exposing sensitive data.

  • Regulatory alignment: The pilot aligns with India’s draft Digital Health Act, which emphasizes data sovereignty and patient consent frameworks.

Opinion: Blockchain EHRs can democratize healthcare access in a populous nation—but success depends on user-friendly portals, robust identity verification, and contingency plans for network outages in rural areas.


5. The Hottest Viral Altcoins of 2025: UniLabs, Sui, and Hedera Lead the Pack

Source: TronWeekly

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Summary:
According to TronWeekly, the altcoin landscape in 2025 is dominated by three viral tokens: UniLabs (UNI-L), Sui (SUI), and Hedera Hashgraph (HBAR). UniLabs, a governance token for a decentralized laboratory network, saw a 1,200% year-to-date surge on news of its AI-driven drug-discovery partnership. Sui’s Move-based smart-contract platform gained traction for sub-second finality and low gas fees, with total value locked (TVL) surpassing $2 billion. Hedera’s HBAR continues its enterprise pivot, securing multi-year agreements with global brands for identity verification and supply-chain tracking.

Key details & analysis:

  • UniLabs use case: Token holders vote on research grants and share in royalty revenues from patented compounds developed on-chain.

  • Sui performance: With a novel object model and horizontal sharding, Sui supports over 3,000 TPS (transactions per second) without compromising on decentralization.

  • Hedera enterprise: The Governing Council—comprising Boeing, Google, and LG—bolsters confidence in HBAR’s governance model and paves the way for compliant enterprise deployments.

Opinion: These tokens exemplify the diversification of blockchain applications. Investors should assess not only market hype but also protocol fundamentals—developer activity, economic incentives, and real-world adoption.


Cross-Story Trends & Key Takeaways

  1. Trust & Transparency at the Core
    From esports prize-pool ledgers to wartime NFT archives and permissioned health records, blockchain’s immutability fosters verifiable trust—a prerequisite for mainstream adoption across sectors.

  2. Institutional & Public-Sector Innovation
    Spirit Blockchain Capital’s fund growth and India’s EHR pilot signal that both private and government entities view blockchain as a strategic infrastructure, not just speculative assets.

  3. Vertical Specialization Fuels Token Growth
    Viral altcoins like UniLabs, Sui, and Hedera thrive by addressing niche use-cases—governance in biotech, scalable DeFi rails, and enterprise identity—underscoring the importance of purpose-built protocols.

  4. Metadata & Provenance Drive NFTs Beyond Art
    Ukraine’s cultural NFTs demonstrate how rich on-chain metadata can preserve heritage, while esports applications show that reputation tokens can enforce fair-play credentials.

  5. Ecosystem Maturation Requires UX & Governance
    Across all stories, user experience—wallet onboarding, identity verification, metadata curation—and robust governance frameworks (tokenomics, regulatory alignment) emerge as decisive factors in blockchain’s next wave.


Conclusion

Today’s blockchain headlines reveal a maturing ecosystem where trust, transparency, and targeted innovation unlock new frontiers—from safeguarding digital heritage amid conflict to revolutionizing healthcare and sports. As institutional players allocate billions, and public-sector pilots chart regulatory pathways, the fate of tomorrow’s Web3 landscape hinges on seamless UX, rigorous governance, and demonstrable real-world utility. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue tracking the trends, tokens, and technologies that define the blockchain revolution.

The post Blocks & Headlines: Today in Blockchain – May 30, 2025 (Fraser Edwards, Kyiv NFT, Spirit Blockchain Capital, Indian eHealth, Hedera) appeared first on News, Events, Advertising Options.

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Kyrgyz Republic to launch USDKG, a gold-backed stablecoin pegged to the U.S. Dollar, in Q3 2025

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