Blockchain
Bitrise Coin Is Now the Most Searched Crypto on CoinMarketCap
New York, New York–(Newsfile Corp. – November 8, 2021) – Bitrise coin is now the most searched crypto on CoinMarketCap. The crypto coin market has been bombarded by a plethora of crypto coins in 2021. Though hundreds made it into the market, very few have been successful. Those that have been successful, like Bitrise, Safemoon, Dogecoin, Shiba Inu, and others, have performed beyond most people’s imagination.
Bitrise
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Of all of the top trending crypto coins in the market, Bitrise coin has been the most outstanding and currently the #1 choice for crypto investors. In October, $BRISE token was trending No.1 on the CoinMarketCap.
This crypto coin has huge potential, as seen in its tokenomics and the products. These are two aspects that are attracting thousands of new members joining Bitrise coin every day.
On tokenomics, Bitrise coin is without a doubt one of the most attractive crypto projects today. It is a hyper-deflationary token, which means token demand and price will automatically soar with every transaction. Upon the token launch, 50% of the quadrillion tokens in supply were burnt.
To regulate the tokens in supply, Bitrise is using an automated buyback process, making it the first cryptocurrency to include automatic buyback with a real use case of payment systems. Every 5% of the 12% fee charged on every transaction goes to the buyback contract to automatically buy tokens from the liquidity pool. The purchased tokens are burnt immediately.
It is also important to mention that only 38% of the total token supply was allocated to the liquidity pool for investors to purchase. Still, on tokenomics, 4% of the 12% fee is distributed to the token holders in BNBs. The rewards are automatically sent to token holder wallets every 60 minutes. Therefore, investors are receiving static income that comes on an hourly basis.
For the products, Bitrise is like no other token in the market. It has products that have investors joining the coin in thousands. Bitrise Audit and Techrate Audit are free-to-audit programs for blockchains and smart contracts. They were released in August and have been a game-changer in audits.
Bitrise dApp wallet was the second product according to the roadmap. The wallet combines an intuitive interface with powerful functionality, which makes it popular with crypto traders. Already, thousands of traders have downloaded the mobile app wallet on Google Play Store. The iOS version is coming soon on the Apple App Store.
Bitrise exchange and IBitrise blockchain are the products in the development stage. These are just some of the factors making Bitrise coin the No.1 choice of crypto coin for cryptocurrency investors. There are many products coming along the way before the launch of the IBitrise blockchain. Therefore, it is projected the coin will keep growing bigger going forward.
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102350
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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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