Blockchain
Poolz Finance Joins Forces with Fuse Network to Boost Incubated Projects
Saint Vincent and the Grenadines–(Newsfile Corp. – March 10, 2022) – Poolz Finance, an industry-leading DeFi project launchpad and incubator has forged a long-term collaboration with Fuse, a payment-focused smart contract blockchain. The collaboration paves the way for Poolz-launched projects to leverage the Fuse Network in their stack, easily building new integrations and receiving grants to support the technical work involved.
Poolz X Fuse
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Fuse is a plug-and-play decentralized payment network that aims to take the customizability of EVM smart contracts to regular, real-life use cases and apps. Fuse offers a variety of no-code tools to help entrepreneurs launch their own tokens and set up fiat gateway rails, utilizing crypto for rewards, global payments and more.
Crypto-native primitives and DeFi products on Fuse include the all-in-one platform Voltage Finance, as well as cross-chain protocols like Sushi and Beefy Finance. Thanks to the collaboration, this infrastructure is natively available to Poolz launchpad users and projects.
On top of receiving Fuse tooling and ecosystem support, Poolz and Fuse are launching a grant program for projects who want to build on or integrate Fuse. The partners aim to offer expertise, support and capital to game-changing ideas that leverage some of the unique possibilities of Fuse. In addition, this becomes a chance to merge the Poolz and Fuse communities, letting both projects benefit.
“Our partnership with Fuse is the latest in a series of beneficial ecosystem partnerships for Poolz,” said Guy Oren, CEO of Poolz. “We are excited to join both of our communities, bring Fuse’s products and DeFi protocols to our Poolz user base, as well as support our incubated startups to build innovative and impactful products on this new partner network.”
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About Poolz
Poolz is a decentralized fundraising and cross-chain launchpad. It is a hub for DeFi apps, enabling them to unravel the power of blockchain. Poolz Venture is an investment fund set up by the core team at Poolz to further build on the core Poolz vision.
About Fuse
Fuse is a platform featuring a fast and low-cost, Ethereum-compatible blockchain, a robust plug-and-play mobile-centric crypto payments infrastructure for creating token-based applications and a rapidly growing ecosystem of payments, decentralized finance and NFT projects.
Contact:
CMO
Liam Cohen
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116111
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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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