Blockchain
Ravendex Reserves An Earth Node With World Mobile Token As They Aim To Provide Internet Access In Africa
Dublin, Ireland–(Newsfile Corp. – January 17, 2022) – Ravendex announced that it has collaborated with World Mobile Token to reserve an Earth Node.
The Ravendex team feels the project will help bring internet access to remote areas in Africa, and we are glad to be involved.
Figure 1: Ravendex Reserves An Earth Node With World Mobile Token As They Aim To Provide Internet Access In Africa
In June 2022, World Mobile will offer affordable mobile internet services using blimps. The model is an end-to-end solution with blockchain technology, digital identities, tokens, and community nodes. Notably, 80% of humans now have smartphones, yet half of them don’t have reliable access to the internet.
The Ravendex labs team is proud to be a part of this great project which is supported by IOHK and built on the Cardano Network as a way of helping to grow and secure the Cardano Network.
Keeping the unconnected connected in Cardano wouldn’t be appropriate if we didn’t partner with the other big players.
As part of our earth node reservation with WMT, we will be passing a portion of the rewards onto our delegators who have their ADA staked on Ravendex stake pool when our ISPO Launches.
About Ravendex
In addition to facilitating fast assets transfers and liquidity between native Cardano tokens and ADA, Ravendex is the world’s first non-custodial decentralized exchange on the Cardano Blockchain utilising the AMM protocol.
Using the AMM protocol, the Cardano Ecosystem enables projects to facilitate trading of their assets at a price set up by the liquidity they provide.
Cross-chain trading on the Cardano Blockchain utilizes the EUTXO model, known for its unique capabilities, including the ability to share liquidity across different assets within the Cardano ecosystem.
Furthermore, the project is one of the very first applications that utilizes the newly released Alonzo Hard Fork update, which enables smart contracts to deposit assets and pay interest based on predefined rules.
Media Links
Github: https://github.com/Ravendexlabs
Telegram: https://t.me/RaversNest
Twitter: twitter.com/ravendexlabs
Media Contact :
Company Name: Ravendex Labs
Email: [email protected]
Website: https://ravendex.io
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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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