Blockchain
Welups – First Identity Blockchain Platform Contributing Towards Blockchain 3.0
Dubai, United Arab Emirates–(Newsfile Corp. – January 26, 2022) – Welups is proud to announce they are the first identity blockchain platform contributing towards blockchain 3.0. Welups is a decentralized digital Identity Blockchain platform for asset verification and encryption based on blockchain technology and digital ID.
This project has been created mainly to establish a decentralized internet and infrastructure and contribute towards Blockchain 3.0. Welups Blockchain enables investors and traders to purchase, sell, and store assets directly through a digital wallet.
Welups is the first platform to offer applications such as an identity social network, a digital bank, credit supply, and other services for worldwide transaction connectivity.
Welups provides identity to each and every individual, thereby offering safety and security to the users who access social media platforms or other platforms, through their identity blockchain technology. This leads to avoiding the risk of scams and hacks in all the industries.
Welups aims to contribute towards Blockchain 3.0 by solving the day-to-day issues faced in this new digital era using blockchain technology. Not just individuals but also digital assets cannot be tampered with or traced. This decentralized application platform connects easily to other platforms to help grow the ecosystem.
The Welups serves the application layer centered on the user, which includes social media networks, crypto-banking apps, the mobile wallet, and NFT-based applications. In addition, the Welups Blockchain’s high-performance digital platforms enable individuals and businesses to access hundreds of millions of unique benefits online without compromising security in this digital era.
The Welups Blockchain network’s native coin is called WELUPS. It is a cryptocurrency based on the WRC-20 standard and entirely compatible with TRC-20 and ERC-20. As per CoinMarketCap data, the WELUPS price trades at $0.001045 with a 24-hour trading volume of $1,181,218, at the press time.
The WELUPS coin has been listed on major digital asset exchange platforms such as LBank, and XT.com. Welups will also be listed on crypto exchanges such as Hoo, Digifinex, Latoken, Indoex, and many more.
WELUPS links the whole Welups ecosystem with diverse apps that fuel the chain’s transactions and activities. Moreover, WELUPS is a cryptocurrency designed to offer banks and payment providers a secure method of transacting cross-border.
Welups is a sophisticated Blockchain with the capacity to identify individuals, assets and the capacity to connect to other platforms creates a vast and ever-growing ecosystem.
About Welups
Welups is the world’s first identity blockchain platform built on Welups ecosystem. Moreover, Welups revolutionizes Blockchain Identity Management, NFT and digital asset management, enabling the creation of a completely decentralized internet, e-commerce, and life services.
Media Links
- Website: https://welups.com/
- LinkedIn: https://www.linkedin.com/company/welups/
- Telegram: https://t.me/welupsofficial
- YouTube: https://www.youtube.com/channel/UCXMgIAbreH-NqWmeY4fCBqw
- Facebook: https://www.facebook.com/Welups
Contact Info:
Media Contact Details
City and State:Trade Centre 1, Dubai UAE
Company Name: Welups
Official Email ID : [email protected]
The information provided in this release is not investment advice, financial advice or trading advice. All readers are encouraged to do their own research before making any investments.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111656
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
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