Blockchain
Revault Network Aims to Be “Google” for Vaults Alongside Orbs Layer-3
Tel Aviv, Israel–(Newsfile Corp. – March 1, 2022) – Revault, a blockchain vault aggregator, is the first DeFi protocol to tap into Orbs’ layer-3 technology. Orb’s Layer-3 technology will help power three core Revault features: auto-compound, TVL-APR calculation and auto-rebalance. Revault aims to maximize APY by becoming the “Google search for vaults”. Under the hood, its engine automatically locates the best-performing vaults and deposits funds into these solutions.
Moreover, Revault continuously indexes every vault in the DeFi landscape to provide optimal returns for all assets. Should a better vault be identified, users can relocate their assets with one click after receiving a notification. DeFi introduces numerous opportunities to let users optimize their APY, and Revault helps automate and streamline this process.
The decision to integrate Orbs Network into Revault is meant to counteract a few centralized features Revault still has. It is necessary, as current EVM-based Layer-1 and Layer-2 chains are not designed to offer proper infrastructure to execute such features efficiently. Orbs changes that narrative for the better through its unique hybrid architecture.
The EVM-compatible nature of Orbs makes it interoperable with Ethereum, BNB Chain, Polygon, and Avalanche. Moreover, it provides the necessary infrastructure to enhance EVM smart contracts and their capabilities without compromising decentralization.
Furthermore, Orbs’ Layer-3 initiative offers value to the broader DeFi ecosystem. Numerous “L3 applications” have sprung up, including the Open DeFi Notification Protocol. That protocol provides DeFi users with decentralized and free mobile notifications for any on-chain event they want to be subscribed to, including supply changes, large transactions, etc.
DeFi is designed around bringing more utility to users and helping them extract more value. Both options are now possible through the Orbs Layer-3 solution.
About Orbs
Orbs is a public blockchain infrastructure designed for mass usage applications. The Orbs protocol is decentralized and executed by a public network of permissionless validators using Proof-of-Stake (PoS) consensus.
Orbs unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes, allow it to be set up as a separate execution layer (“L3” ) operating to enhance the capabilities of EVM smart contracts. By working in conjunction with other L1 and L2 solutions as part of a tiered blockchain stack, Orbs opens up a whole new spectrum of possibilities for DeFi, NFT, Metaverse and GameFi.
Orbs was founded in 2017 and launched its mainnet and token in March of 2019. Orbs is being developed by a dedicated team of more than 30 people, with offices in Tel Aviv, London, Singapore, Tokyo and Seoul.
For more information, please visit www.orbs.com, or join our community at:
- Telegram: https://t.me/OrbsNetwork
- Twitter: https://twitter.com/orbs_network
About Revault
DEFI is disrupting the financial markets, but navigating the DeFi space is far from simple. Thousands of smart contracts are being deployed on dozens of different blockchains every day. More and more financial solutions protocols and services are emerging, representing the cutting edge of the economy, but only a few have true access to them.
Our mission is to build the Google search engine for the DeFi and become the world’s gateway into the future of the economy.
Learn more: https://www.revault.network/
Contact
Ran Hammer
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114584
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
Digital Payment Gateway Market
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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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.
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