Blockchain
Cardano ADA Partner, EMURGO, Announces Upcoming Release of Cardano Blockchain Explorer Seiza at IOHK Summit
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EMURGO (emurgo.io), the official commercial arm of Cardano – the first third generation blockchain to evolve out of a research-first driven approach, has announced today the upcoming release of Seiza, an EMURGO-developed Cardano blockchain explorer that will include more features than any other blockchain explorer. The release of Seiza will happen before the end of May. The name Seiza is derived from the Japanese word for “constellation”, as it reflects EMURGO’s Japanese heritage and objective for it to be an all-encompassing blockchain navigation guide for users. This strategic development aligns with EMURGO’s initiative to drive the adoption of Cardano and bring value to ADA holders.
Blockchain or block explorers are akin to cryptocurrency search engines to help users find data about a particular blockchain including blocks, past & pending transactions, and transaction histories of wallet addresses, among others. Seiza will enable ADA holders to immediately track any of their transactions on the Cardano blockchain, which currently has validated more than 2.4 million blocks.
With Cardano employing a resource-friendly proof of stake (PoS) consensus mechanism, holders of Cardano’s underlying cryptocurrency ADA will soon be able to partake in stake pools. In a public blockchain utilizing PoS, staking is critical to securing the network to validate transactions as users staking more ADA will have a greater chance of being selected to create blocks and thereby earn rewards. Stake pools are run by multiple users with the promise of being online all the time and allow users to delegate their stake to a pool. Seiza will give ADA holders access to real time data of these stake pools. [1]
“EMURGO is fully committed to providing valuable utility to the Cardano community. Seiza is an essential user friendly tool that EMURGO was eager to develop to further the advancement of the Cardano ecosystem,” said Nicolas Arqueros, CTO of EMURGO.
Since Cardano’s genesis, 1+ million transactions have been conducted, 1.2+ million wallet addresses created, and 7.3+ trillion ADA moved. [2]
SOURCE EMURGO
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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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