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Blockchain

GSB Gold Standard Corporation, Josip Heit and the Blockchain Technology

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The blockchain technology is one of the most discussed innovations of the digital transformation of economy and society, which is comprehensively implemented by GSB Gold Standard Banking Corporation AG. According to Josip Heit, this is the only reasonable way for the future, from an uncontrolled to a sustainable regulated market.

With features such as decentralisation, reliability and counterfeit protection, the block chain technology opens up a wide field of innovative applications and new forms of cooperation.

A block chain is a continuously expandable list of data records, also known as “blocks”, which are linked together by means of cryptographic procedures. Each block typically contains a cryptographically secure hash (scatter value) of the previous block, a time stamp and unalterable transaction data.

The block chain technology was developed based on the vision of a decentralized distributed system that would replace centralized instances and enable transactions to take place directly between the participants in the network. Over the past ten years, a substantial technological and economic development has taken place. By means of block chain technology, all conceivable values, rights and obligations in tangible and intangible goods can be represented by tokens and their tradability and exchangeability can potentially be simplified.

By far not the only use case for block chain technology is that of the crypto currency. With the sharp rise in the prices of many a crypto currency and the new form of financing known as Initial Coin Offerings (ICO), public interest in block chain technology has grown. Recently, applications beyond cryptocurrencies have been coming more and more into focus. In the Federal Republic of Germany (FRG) and the European Union (EU) a dynamic ecosystem of developers and providers of blockchain-based services has emerged. Thus, not only Germany has a promising basis for the development of a token economy.

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With so-called tokens (hardware components for user identification and authentication), all conceivable values, rights and obligations in tangible and intangible goods could be represented and their marketability simplified.

In order to achieve this goal, GSB Gold Standard Banking Corporation AG has long strived to ensure that applications based on block chain technology are compatible with applicable law and to prevent abuse.

According to Josip Heit, this requires the creation of an investment- and growth-oriented regulatory framework in which market processes function without government intervention and the principle of sustainability is guaranteed.

Where block-chain applications offer clear added value over existing solutions, especially in terms of user-friendliness for citizens and companies, public administration should act as a lead user in individual cases, provided that it is ensured that confidence in secure and reliable action is not damaged. The development of competencies in this basic technology contributes to digital sovereignty, not only in Germany and Europe, but worldwide.

With this strategy, GSB Gold Standard Banking Corporation AG also pursues a regulatory policy that creates incentives for investment, releases innovative forces, ensures stability and thus contributes to inclusive growth that is also compatible with the sustainability goals of the German Federal Government.

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The following 10 (ten) principles guide the actions of GSB Gold Standard Banking Corporation AG and its CEO Josip Heit

1) Promote innovation:
GSB Gold Standard Banking Corporation AG promotes digital innovations through its own technical departments, in particular to strengthen competitiveness in a future-oriented market. Only with entrepreneurial innovations can an economy maintain its leading position in the future and only with digital innovations can the public sector fulfil its function in the digital age. The use of block chain technology releases economic potential and other innovative forces.

2) Initiate investments:
In the opinion of GSB Gold Standard Banking Corporation AG, clear and stable framework conditions should be created which represent an attractive and secure investment environment.

3) Guarantee stability:
In terms of economic policy, GSB Gold Standard Banking Corporation AG pursues the overriding goal of maintaining macroeconomic equilibrium in line with the stability of the financial system without competing with it.

4) Strengthen sustainability:
GSB Gold Standard Banking Corporation AG uses block-chain applications in accordance with sustainability and climate protection goals.

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5) Enabling fair competition:
It is a central concern of GSB Gold Standard Banking Corporation AG to support a level playing field for technologies. The principle of technology neutrality guides our actions.

6) Deepen the digital single market:
The developments in Germany are in a compelling relationship with developments in the entire European Union. Only with a completed Digital Single Market Germany will remain globally competitive in the long term.

7) Involve stakeholders (interest groups):
For GSB Gold Standard Banking Corporation AG, the integration of the knowledge of developers and users for the governmental framework is fundamental for comprehensive strategy development. By conducting online consultation, GSB Gold Standard Banking Corporation AG involves companies and civil society organizations in the development of the block chain technology strategy.

8) Guarantee IT security and data protection:
Only if block chain applications meet the IT security requirements recommended by experts and the legal requirements of data protection, risks can be minimized, misuse prevented and a high level of acceptance achieved. This is the maximum effort of GSB Gold Standard Banking Corporation AG and its CEO Josip Heit.

9) Provide for adjustments:
Due to the high speed of technological development, further action and the intervention of state institutions may become necessary in the future. Against this background, GSB Gold Standard Banking Corporation AG understands the block-chain strategy as a learning strategy which must be reviewed and developed further at regular intervals.

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10) Electronic securities:
The German Federal Government, according to information provided by GSB Gold Standard Banking Corporation AG, proposes to open German law to electronic securities. The currently mandatory requirement of the documentary embodiment of securities (in paper form) will no longer apply without restriction. This regulation of electronic securities is to be technology-neutral, which GSB Gold Standard Banking Corporation AG fully supports, since, according to Josip Heit, only comprehensive regulation provides security for the user.

The German Federal Government has recently, on 7 March 2019, initiated a consultation process with the publication of a key issues paper and aims to publish a draft law in 2020.

Josip Heit and GSB Gold Standard Banking Corporation AG fully welcome this consultation process of the German government and look forward to a period of sustainable regulation within this financial sector.

Picture is available at AP Images (http://www.apimages.com)

Contact:
GSB Gold Standard Banking Corporation AG, Melanie Berger, Große Bleichen 35, 20354 Hamburg, Phone: +49 40 300 66 88 – 190, Mail: [email protected]

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Web: https://www.gsb.gold/

Source: RealWire

RealWire is an award-winning online press release distribution service with over 15 years of experience, and is first choice for many of the UK’s top agency, freelance and in-house PR professionals. RealWire’s service can increase your story’s coverage and improve your online visibility. The UK’s leading innovator in press release distribution, RealWire introduced the Social Media News Release in 2007 and relevance targeting system PRFilter in 2010.

Blockchain

Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day)

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As blockchain technologies mature and diversify, today’s highlights underscore a burgeoning shift: from consensus innovation and protocol upgrades to strategic partnerships and sustainability imperatives. In this edition, we unpack five pivotal developments shaping Web3, DeFi, NFTs, and enterprise-grade blockchain adoption:

  1. Activity‑Weighted Consensus Steals the Show at Paris Blockchain Week

  2. Ethereum’s Pectra Upgrade: The Next Evolution in Scalability

  3. Astar’s Yoki Legacy Launches on Sony’s Soneium Blockchain

  4. Verae and Evercycle Forge Blockchain‑Enabled ITAM Partnership

  5. Earth Day 2025: Why an Efficient Blockchain Is a Smart Energy Choice

Together, these stories reveal key trends—innovative consensus models, cross‑chain interoperability, tokenized asset management, and an urgent focus on energy efficiency—driving blockchain’s trajectory in 2025.


1. Activity‑Weighted Consensus Steals the Show at Paris Blockchain Week

At the recent Paris Blockchain Week Conference, the concept of Activity‑Weighted Consensus (AWC) emerged as a potential game‑changer for network security and governance. Unlike Proof‑of‑Work (PoW) or Proof‑of‑Stake (PoS), AWC allocates block‑production rights based on a node’s continuous on‑chain engagement metrics—transaction relaying, smart‑contract interactions, and decentralized application hosting. Advocates argue that this model:

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  • Aligns Incentives with Ecosystem Health: Nodes that actively support dApps, relays, and DeFi protocols earn governance weight, dissuading passive stake‑hoarding and promoting network utility.

  • Enhances Security: By requiring sustained activity rather than one‑time stake deposits, AWC makes long‑term collusion and stake concentration more costly and detectable.

  • Fosters Decentralized Governance: Community participants demonstrating developer contributions or sustainable validator uptime can gain voting power, democratizing protocol upgrades and treasury decisions.

During the Paris sessions, leading research teams unveiled prototypes on testnets demonstrating up to 60% reduction in attack surface compared to vanilla PoS chains, without compromising block‑finality times. Critics, however, caution that accurately measuring “useful activity” demands robust oracles and could introduce new attack vectors if measurement data is manipulated.

Opinion: Activity‑Weighted Consensus represents a vital next step in consensus algorithm innovation—bridging the gap between security, decentralization, and real‑world utility. While the implementation complexity is nontrivial, protocols prioritizing ecosystem engagement could see higher network effects and healthier token economies. If designed with transparency and anti‑gaming safeguards, AWC could become a mainstream alternative by 2026.

Source: Cointelegraph


2. Ethereum’s Pectra Upgrade: The Next Evolution in Scalability

Ethereum’s core developers have officially detailed the ambitious Pectra Upgrade, slated for Q4 2025. Building upon the success of past hard forks, Pectra aims to tackle two pillars: throughput and data availability. Key components include:

  • Rollup‑Centric Sharding: Rather than full‑state sharding, Pectra introduces “data shards” optimized for rollups, increasing per‑shard throughput to 10 MB per block—3× current levels—while aggregating rollup proofs on‑chain.

  • On‑Chain Data Availability Sampling (DAS): Incorporates KZG commitments to enable light clients to verify data availability without downloading entire blocks, bolstering security against data‑withholding attacks.

  • EIP‑4990: Prover Optimization: Introduces optimized precompile contracts to accelerate zk‑SNARK and zk‑STARK proof verification by up to 40%, reducing gas costs for privacy and scaling solutions.

  • Native Token Recycling: Pectra reallocates a portion of burnt ETH (post‑EIP‑1559) to a “Scaling Fund” administered via on‑chain governance, seeding grants for L2 rollups and data‑availability networks.

Analysis: Pectra’s rollup‑centric vision reaffirms Ethereum’s commitment to being the settlement layer for a multi‑chain ecosystem. By offloading execution to specialized rollups while securing data integrity on L1, Ethereum anticipates 50,000 TPS across aggregated rollups, vastly improving DeFi composability and reducing gas fee volatility. Critics note the increased client complexity and potential centralization risks if DAS providers consolidate.

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Implications: For DeFi protocols, NFT marketplaces, and application developers, Pectra could slash transaction costs, enabling new use cases—from micro‑transactions to real‑time gaming—while maintaining the security assurances of Ethereum’s vast validator set. The Scaling Fund’s token recycling mechanism also sets a precedent for sustainable ecosystem funding.

Source: Gadgets360


3. Astar’s Yoki Legacy Launches on Sony’s Soneium Blockchain

In a landmark partnership bridging gaming and blockchain, Astar Network announced that Yoki Legacy, its flagship play‑to‑earn RPG, will deploy on Sony’s Soneium Blockchain starting May 2025. This collaboration offers:

  • Cross‑Chain Interoperability: Utilizing Astar’s XCM (Cross‑Consensus Message) protocol, Yoki Legacy assets—NFTs, in‑game tokens, and governance rights—can transfer seamlessly between Astar (Polkadot) and Soneium, enabling multiverse gameplay.

  • Eco‑Friendly Consensus: Soneium employs a hybrid PoS‑PoA model with carbon offsets verified on‑chain, aligning with Sony’s commitment to sustainability.

  • Developer Toolkits: Joint SDKs allow game studios to tap both networks’ developer ecosystems, sharing middleware for asset minting, royalty management, and composable NFT design.

Opinion & Impact: This alliance signals Web3 gaming’s maturation, as major entertainment brands partner with public blockchains to reach broader audiences. Soneium’s consumer electronics pedigree and global distribution channels could propel Yoki Legacy into mainstream consoles—validating blockchain gaming beyond niche communities. Furthermore, asset interoperability across Astar and Soneium paves the way for unified gaming economies, where items retain value across genres and platforms, potentially reshaping in‑game monetization models.

Source: VentureBeat

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4. Verae and Evercycle Forge Blockchain‑Enabled IT Asset Management

Industrial IoT specialist Verae and sustainability platform Evercycle have launched a blockchain‑powered IT Asset Management (ITAM) solution targeting circular‑economy compliance. By merging Verae’s device telemetry with Evercycle’s digital product passports on a Hyperledger Fabric network, the partnership offers:

  • Provenance Tracking: Each hardware component—servers, routers, laptops—receives a tamper‑proof record of manufacture, warranty, maintenance, and end‑of‑life recycling status.

  • Regulatory Compliance: Automated reporting modules help enterprises meet EU’s Waste Electrical and Electronic Equipment (WEEE) directives and emerging Right to Repair regulations.

  • Tokenized Incentives: “Green Credits” are issued when devices are refurbished or recycled according to verified processes, tradable within corporate sustainability marketplaces.

Analysis: As enterprises grapple with e‑waste—projected to reach 74 million metric tons by 2030—blockchain‑backed ITAM offers both auditability and circular‑economy incentives. By tokenizing responsible disposal, companies can transparently showcase ESG compliance to investors and regulators. Critics warn of integration challenges with legacy procurement systems and potential data privacy concerns if supply‑chain partners refuse on‑chain transparency.

Strategic Takeaway: This partnership exemplifies how permissioned blockchains can underpin enterprise sustainability efforts, harmonizing environmental goals with operational efficiency. For IT procurement and finance teams, on‑chain asset management reduces manual audits, accelerates warranty claims, and unlocks new value streams through tokenized recycling incentives.

Source: PR Newswire


5. Earth Day 2025: An Efficient Blockchain Is a Smart Energy Choice

In honor of Earth Day 2025, CoinGeek highlights how next‑gen blockchains—from Proof‑of‑History in Solana to Nakamoto PoA hybrids—are slashing energy consumption compared to legacy PoW networks. Key metrics include:

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  • Energy Efficiency: Modern PoS chains consume 99.9% less energy per transaction than Bitcoin, with some layer‑2 rollups achieving sub‑gram carbon footprints per transfer.

  • Carbon‑Offset Innovations: Protocols like Algorand and Cardano integrate on‑chain carbon oracles that automatically retire carbon credits proportional to network activity.

  • Green Data Centers: Validators increasingly deploy in solar‑ and wind‑powered facilities, with projects like EcoChain offering renewable‑energy staking pools.

Opinion: As mainstream scrutiny intensifies around crypto’s environmental impact, energy‑efficient protocols are not just eco‑friendly—they’re competitive differentiators. Enterprises and institutional investors demand sustainability assurances; blockchains failing to address carbon footprints risk regulatory backlash and reputational damage. By spotlighting energy‑optimized consensus and renewable‑powered infrastructure, the industry can redefine itself as a driver of green innovation.

Source: CoinGeek


Conclusion: Mapping the Blockchain Horizon

Today’s briefing underscores three overarching themes propelling blockchain forward:

  1. Consensus Reinvention: From activity‑weighted protocols to energy‑efficient hybrids, networks are refining consensus to boost security, scalability, and sustainability.

  2. Cross‑Chain & Enterprise Integration: Interoperability—whether via rollup‑centric upgrades, cross‑chain gaming partnerships, or permissioned frameworks for ITAM—enables seamless value flows across disparate ecosystems.

  3. Environmental & Regulatory Alignment: As global frameworks converge around ESG and circular‑economy mandates, blockchain applications that embed sustainability and compliance at their core will capture both market share and stakeholder trust.

For developers, enterprises, and investors alike, staying ahead means embracing not only technical breakthroughs but also governance models and partnerships that align blockchain with real‑world needs. Tune in tomorrow as we continue tracking the decentralized revolution—one block at a time.

The post Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day) appeared first on News, Events, Advertising Options.

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Top Australian Analysts Endorse GoldmanPeak as Most Reliable Crypto Platform

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Blockchain

Astra Fintech Launches $100M Solana Ecosystem Fund to Accelerate Innovation, Announces Strategic Expansion in Asia

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