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Blockchain

ShaktiCoin Opens Mining Registration Globally

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The Swiss Shakti Foundation has opened mining registration across the world coinciding with the publication of the first of its four-part white paper.

The Swiss Foundation would like to bring the following three points to public attention.

ONE:

Early Adoption Incentives

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Early adopters are incentivized with 10,000 Shakti Coins (equivalent to USD 50,000) when they sign up for a Power Mining License. A limited number of Power Mining licenses are available per country and only a limited number of those will include the early adopter incentive. These will be awarded on a first-come, first-serve-basis.

Please note, this is a one-time, limited offer and the Foundation may end this incentive without notice. Visit: https://www.shakticoin.com/static/docs/opportunity.pdf – for complete Terms & Conditions including how to receive the bonus bounty.

TWO:

Financial Transparency &

Distributed Ownership

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The Shakti Network is 100% controlled and influenced by node operators (miners) for the benefit of the public.

Given that requirement, license fees paid for accessing the Shakti Network are administrated by an independent 3rd party full-service accounting firm, based in Denver, Colorado, USA.

Visit: https://www.shakticoin.com/en/white-paper/   – and refer to page #6 for more information.

The licenses allocated to each country will be installed uniformly to reflect the population distribution across the county. The Shakti Coin Power Mining license is a digital asset class in the emerging FinTech sector and limited to one for per person to operate.

Shakti’s T400 Power Mining nodes will be the pillars of the Shakti Network and have the potential to offer a lucrative income stream to license holders over time.

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THREE:

White Paper Release

Today we have released the first installment of our four-part white paper. As you will see, the entire Shakti Coin ecosystem is new. The protocol is new, the process of creating the coin is new and the distribution is new. The first section provides an overview of the concept. Anyone interested in joining the network is encouraged to study the white paper to ensure they understand the foundational concepts of the coin — it’s the third generation blockchain-based digital money.

https://www.shakticoin.com/en/white-paper/

 

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SOURCE Swiss Shakti Stiftung

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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