Blockchain
Cardano Dex “Ravendex” Reserves an Earth Node with World Mobile Token, Set to Launch Exclusive NFT Drops
Dublin, Ireland–(Newsfile Corp. – January 19, 2022) – Ravendex team is pleased to announce its strategic collaboration with World Mobile Token to enable it to reserve an Earth Node that will “bring Internet access to remote areas in Africa.”
Figure 1: Cardano Dex “Ravendex” Reserves An Earth Node With World Mobile Token, Set To Launch Exclusive NFT Drops
Come June 2022, World Mobile Token will use blimps, an end-to-end solution, to offer affordable internet services to a wide range of users in Africa. The project is built on the Cardano blockchain and supported by IOHK.
When its ISPO launches, Ravendex will pass a portion of the rewards to deserving delegators who have their ADA staked on Ravendex stake pool. Ravendex is currently trading on Bitmart and has recorded a trade volume of over a million dollars. By daily volume, Ravendex is one of the most consistent Cardano native tokens on the chart.
The team at Ravendex is also pleased to announce that the project’s NFT minting will start in less than 48 hours from now. Investors and crypto trades alike are encouraged to be part of the Rave NFT minting, as there are lots of exciting rewards for grabs.
Rave NFT Holders will be able to get exclusive token drops & NFT drops and can also stake their NFTs to get rewards in $RAVE.
Rave Token, the utility token of the Ravendex ecosystem is currently trading on Bitmart.
The $RAVE Token
Ravendex has a utility token with the symbol “$RAVE”. The token is a governance token which users can use to participate in the governance structure of the project. With $RAVE, users will be rewarded for their efforts, commitment, and loyalty. Investors can use $RAVE to purchase goods and services on the Ravendex protocol.
About Ravendex
Ravendex is the world’s first non-custodial decentralised exchange on the Cardano blockchain. At its core, Ravendex permits switch and near instant assets and liquidity transfer between ADA and native Cardano tokens. Ravendex operates using the EUTXO model for the easy sharing of liquidity among different assets in the Cardano ecosystem.
Ravendex is also one of the very first projects to conceive the idea of crypto borrowing, lending, and staking. It uses AMM protocol to facilitate the trading of digital assets at a decent price set up by the liquidity providers. The team behind the success of Ravendex will leave no stone unturned in a bid to ensure that crypto enthusiasts profit off the Cardano blockchain.
More information:
https://ravendex.io
Social 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]
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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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