Blockchain
Shiba or Safemoon Next? Bitrise token – The Fastest Growing Crypto Reaches 19000 Holders
New York, New York–(Newsfile Corp. – October 28, 2021) – Bitrise Coin has been breaking all crypto records since its launch a month ago. Bitrise Coin has reached an impressive milestone of 19k holders and a more than $30 million market cap. The astounding growth rate of the currency indicates that it will be the next big altcoin that will revolutionize the crypto industry.
Bitrise
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What is BitRise?
Bitrise is a hyper-deflationary payment network token that offers incredible DeFi tokenomics. The token rewards investors for holding tokens in BNB while also incorporating the Buyback approach to reduce tokens in circulation.
It charges a 12% tax on every transaction. Every 5% from this transaction fee is spent on Buyback. It is stored in the Buyback contract, which automatically buys tokens from the liquidity pool.
It is important to note that Bitrise is the first cryptocurrency ever to include automatic Buyback with the real use case of payment systems. This means no individual can manipulate the volume of tokens in circulation.
4% of the tax collected is distributed to all token holders in the form of BNB as a reward and automatically sent into investors’ wallets every 60 minutes. Therefore, Bitrise token rewards guarantee a steady passive income that is generated every hour. The remaining 3% is spent on marketing the token.
In addition to the innovative DeFi tokenomics, the Bitrise team is offering astounding products that are increasing token utility. Take a look at Bitrise Audit, which provides free audits to blockchains and smart contract projects. It was launched in August 2021.
The BitRise Payment system is another upcoming product that’s growing the token value. The payment system uses BitRise dApp Wallet, which is already developed and has a Beta 2 version available. The dApp wallet enables P2P service, where two individuals can transact local currency directly with each other on a faster and secure ecosystem, at zero free.
BitRise Token is not limited to buying, selling, and holding but also has a real use case of payment system utility globally and P2P lending. The team is also developing Bitrise Exchange, a centralized platform that charges lower transaction fees and offers incredibly high throughput. Check out the token roadmap and whitepaper to see other reasons why it is one of the most sought-after tokens today. Being backed by a team of experienced blockchain specialists and entrepreneurs, it will not be an exaggeration to say that the Bitrise platform can dominate the crypto market shortly and become the next Shiba Inu.
Media Details
Company: Gert Sanem
Email: [email protected]
Website: https://bitrisetoken.com
Telegram: https://t.me/bitrisetoken
PR – Cryptoshib.com
Email – [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101186
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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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