Blockchain
TRON Grand Hackathon 2022 Season One Draws to a Close with 82 Qualified Applicants Contesting For $500K Bounty
Singapore, Singapore–(Newsfile Corp. – March 9, 2022) – TRON Grand Hackathon 2022 has been a raging success with a total of 118 applicants who have applied for the aggregate bounty of $500K spread between four tracks, Web 3.0, NFT, GameFi, and DeFi. 82 qualified applicants have moved forward into the Judging Period; winners will be announced on March 12 before 10 p.m. PST. Each track’s final review panel will consist of crypto experts, KOLs, and a public community review board, whose scores account for 30%, 30%, and 40%, respectively. Community reviewers will transparently vote on the TRON DAO Forum.
Figure 1
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Additional to the cash prize, winners may also receive additional support, including funding for projects with a large active user base, project listing on Poloniex and other exchanges supporting the TRON/BTTC ecosystem, fast-track listing on TRON-powered DEXs such as SunSwap, being included in the dApp section on TronLink with a featured banner, and promotions on TRON DAO related social media.
NFTs have continued to be the hot topic in 2022, with the NFT and GameFi tracks dominating the entries. The concept of GameFi has also gained significant popularity this year, as it combines DeFi, NFT, and P2E blockchain gaming ecosystems. The possibilities and use cases put forth by developers thus far have been truly exciting.
“The TRON Grand hackathon is a great opportunity for the community to come together and learn about the technology while experimenting with building projects that could have a real impact on the growth of the TRON/BTTC ecosystem,” said H.E. Justin Sun, Founder of TRON.
Since TRON became a DAO, the mission has been to create a digital space where everybody has a say. The decentralized web is all about putting the power in the hands of the community. The Hackathon is part of TRON DAO’s long-term efforts to promote the mass adoption of blockchain technology and innovative cross-chain solutions.
As part of the Hackathon, the Around the Block podcast series streamed live on TRON DAO YouTube and DLive Protocol has hosted judges and partners such as TRON DAO Blockchain Advisor Laurent Perello, CEO and Co-founder of Unifi Protocol Julian Brabon, and Director of Crypto Fintech Lab at the Hong Kong University of Science and Technology, Professor Kani Chen, for informative and inspiring conversations on all things blockchain. On March 11, tune in at 11 a.m. EST to watch Gabor Gurbacs, Director of Digital Assets Strategy at VanEck, discuss exploring blockchain implementation and use cases from a macro perspective.
About TRON DAO
TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized services boasting nearly 100M monthly active users. The TRON network has gained incredible traction in recent years, with over 80 million users on the blockchain, upwards of 2.8 billion transactions, and over $8 billion in total value locked. In addition, TRON hosts the largest circulating supply of USD Tether stablecoin across the globe, overtaking USDT on Ethereum in April 2021. The TRON network completed full decentralization in December 2021 and is now a purely community-governed DAO.
Website | Telegram | Medium | Twitter | Reddit | Forum
TRON Grand Hackathon Contact:
Alexis Schreiber
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116103
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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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