Blockchain
AME Chain – A Future Ready Quantum Blockchain
Tortola, British Virgin Islands–(Newsfile Corp. – February 1, 2022) – AME Chain released its new whitepaper.
Link: https://whitepaper.amechain.io/
AME Chain is the world’s first Quantum Secured Blockchain.
Figure 1: AME Chain – A future ready Quantum Blockchain
Threat to Blockchains
The rise of Quantum computers with enormous computational power poses a threat to the security of traditional cryptography used in blockchains. Threats like private key generation from one’s wallet address, mining attacks by brute-forcing hashes, breach of peer-to-peer communication of nodes are within reach.
AME Chain as a Quantum Blockchain
To resolve this threat, AME Chain integrates Quantum security with blockchain. Quantum blockchain refers to the idea of either an entire blockchain or certain elements of the blockchain functionality being instantiated and run in quantum computing environments. In fact, the quantum domain naturally lends itself to the implementation of blockchain features through,
- Quantum Random Number Generator (QRNG)
- Quantum key distribution (QKD)
- Quantum signatures
- Post-quantum cryptography
- Certifiable randomness
- Fast Byzantine Agreement (scalable consensus)
- Built-in zero-knowledge proof (through the QSZK (quantum statistical zero knowledge) computational complexity class)
- The No-cloning theorem (cannot copy (i.e. double-spend) assets)
- The No-measurement rule (cannot look at quantum information or eavesdropping is evident)
- AME Chain uses laser-based quantum source for generating private keys, hash & digital signature. Seed quality has been increased with quantum random number generators (QRNG), thus making it more secure.
AME Chain uses Proof-Of-Authority (PoA) as the consensus method that gives a small and designated number of blockchain actors the power to validate transactions or interactions with the network and to update its more or less distributed registry. Thus PoA ensures a higher transaction rate.
About AME Chain
A fast and secure decentralized digital asset ledger that is EVM compatible with high performance and scalability. AME Chain is a platform that facilitates peer-to-peer communication, Smart contracts and applications via its own native currency called AME.
Highlights:
- EVM Compatible
- Deploy Smart Contracts and Create Dapps
- High TPS than Ethereum & BSC
- Proof-of-Authority & IBFT
- Mint NFTs & Create Metaverse
- Cross-Chain Transfer
- Governance (Voting)
- Censorship Resistant.
Auction for validator nodes to the community is scheduled after Mainnet launch.
AME Chain Block explorer & AME Chain decentralized wallet to be launched shortly.
AME Chain – Speed, Secure, Scalable
Visit: https://amechain.io/
Social Mediums
Telegram – https://t.me/amepay
Twitter – https://twitter.com/ame_pay
Facebook – https://facebook.com/amepay.io/
Instagram – https://www.instagram.com/ame_chain/
Linkedin – https://www.linkedin.com/company/amechain/
CoinMarketCap – https://coinmarketcap.com/currencies/amepay/
Media Contact
Company – AMEPAY Limited
Name – Kamalakannan Venkatraman
Email – [email protected]
Country – British Virgin Islands
Address – Intershore Chambers, P.O.Box 4342, Road Town, Tortola, British Virgin Islands
PR Contact
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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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