Blockchain
Ore System Announces Its Next Gen NFTs
New York, New York–(Newsfile Corp. – November 9, 2021) – Ore System is a next-generation block-chain technology that creates value for content-creators, collectors, and studios. It is proud to announce its next gen NTFs that the Next Gen gamers can leverage to improve their gaming activities.
The Ore System team defines it as “a next-generation blockchain technology that creates value for content creators, collectors, and studios with three major components: the Ore token, the Ore forge, and the Ore SKD.”
Figure 1: Ore System Announces Its Next Gen NFTs
The Theory Behind Ore System
The Ore System is designed to meet the growing need for a platform for developers to directly enable NFT integration into their system. Hence, the system will help with integrating NFTs into games development for next-generation and large-scale gaming.
The system integrates the Ore token for a wide range of professionals such as content creators, gamers, and developers to allow them to use the token through ORE-supported games.
Besides that, gamers can conduct some transactions such as buying, auctioning, and selling items on ORE Forge as well. Forge is an NFT creation interface and marketplace where game developers can mint, sell, and auction their game items.
Benefits For The Token Holders
Gamers aren’t the only beneficiaries of the Ore token. Every holder can benefit directly as the project is designed to redistribute 3% of each transaction to individual holders.
Another reason why gamers should be interested in the token is further highlighted by the team: “ORE Token is worth real money and should a gamer ever decide they no longer want to use them, they can be sold back to the exchange.”
There’s also the ORE Stealth. It is a gaming client that provides game developers access to gamers while gamers can also have direct access to their gears. The Stealth client supports a range of operating systems such as Linux, PC, and Mac.
Osiris Protocol
Osiris Protocol serves a purpose: serve as a proof-of-console for the blockchain ecosystem contained in the ORE System. This will allow it to bring the Box and blockchain together.
Ore Hardware Wallet
The ORE System also gives users full control of their assets anytime and anywhere through the ORE hardware wallet that offers encrypted Bluetooth connection for iOS and Android devices for the convenience of use. That’s in addition to helping users overcome storage and security challenges. The wallet allows users to check their portfolio conveniently and perform hassle-free transactions from a secure cold storage.
It supports Binance DEX, token-to-token exchange, WalletConnect, and other features that are designed to facilitate support of NFT collectibles, DeFi protocols, airdrops, DAPPS, and other crypto services and products.
Listed on Coingecko and CoinMarketCap
The token has been listed on some of the major exchanges such as Coingecko and Coinmarketcap. Prospective investors can visit these cryptocurrency exchanges and purchase the token.
It is also listed on FEGEX trading and PancakeSwap trading for swapping. If you are interested in swapping another token with the ORE token, head to this section and follow the step-by-step guide.
Social Media Handles:
Twitter: https://twitter.com/OreSystemNFT
Facebook: https://www.facebook.com/oresystem
Telegram: https://t.me/TheORESystem
YouTube: http://www.youtube.com/oresystem
PooCoin: https://poocoin.app/tokens/0x8e2d8f40818fbaba663db6a24fb9%20b527fc7100be
Media Details
Company Name: ORE systems
Email: [email protected]
Website: https://www.ore-system.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102605
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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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