Blockchain
aelf Enterprise Pioneers the Development of Blockchain Technology with Triple Accreditations
Today, aelf (ELF) received its third certification from China Electronics Technology Standardization Institute(CESI). By now, aelf Enterprise became the only blockchain infrastructure that got all the available blockchain accreditations from CESI – Function, Performance, and Reliability. The accreditations validate aelf the leading infrastructure and hearten crypto enthusiasts with the upcoming mainnet migration in September.
On August 20th, CESI provided accreditation on aelf Enterprise in its eliability. Together with the certification, CESI publicized its assessments on aelf Enterprise in the Blockchain System Reliability Test. The results highlight aelf Enterprise at its outstanding performance in its transaction reliability and system recoverability.
Specifically, aelf Enterprise has achieved three full marks in its transaction reliability and has realized imperceptible recovery from system failures.
- Transaction reliability. In the environment of continuous mass execution under heavy system load, aelf Enterprise can achieve 100% success in the three most important indicators: transaction, information synchronization, and effective service.
- System recoverability. When facing system failures like node disconnection, aelf Enterprise could recover to its ordinary operation within 0.5 seconds.
aelf Enterprise lays the foundation for aelf mainnet token swap. The capacity of aelf Enterprise will be of great importance when users start migrating to aelf mainnet by mainnet token swap. Since the mainnet going live on December 10, 2020, aelf has been dedicating to secure and improve its mainnet network in line with its roadmap, serving its strategic extension. The newly received technical certification will embolden ELF holders for the mainnet swap event in the coming September.
“We have constructed the most trusted blockchain financial solutions to protect our users from experiencing endless financial attacks. This certification is just another proof, showing the quality and core ability of our blockchain platform. We did a series of arduous works to make aelf mainnet the best one. And the world will soon know it in our mainnet token swap”, said Haobo Ma, CEO of aelf.
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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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