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
bybit lucky
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.
-
Blockchain5 days agoBridging Innovation and Regulation: How Yellow Network is Transforming Non-Custodial Trading in a Pro-Crypto Future
-
Blockchain7 days ago
Prosper Adds 7,000 More ASIC Miners from BITMAIN To Drive Tokenization of Hashrate as Multichain RWA ; Targets 170MW Capacity With New Strategic Round
-
Blockchain Press Releases6 days agoHTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain (Reserve Bank of India (RBI), Aethir, Blockchain Center Abu Dhabi, Qubetics, )
-
Blockchain3 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain7 days agoLoan Brokers Market Opportunities and Strategies Report to 2033 – Loan Brokers Market Poised for Strong Growth, Forecasted to Reach $947.9 Billion by 2033
-
Blockchain5 days agoBuilding Bridges in Crypto: Bybit Sparked Dialogues and Joined Industry Leaders at Bitcoin MENA
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
