Blockchain
Poolz Completes Integration and Receives Grant from Aurora
Saint Vincent, Grenadines–(Newsfile Corp. – April 7, 2022) – Poolz Finance completed integration with NEAR’s Aurora sidechain, as well as received a NEAR Foundation grant as part of its NEAR Grants Program.
Poolz was developed to provide the crypto industry with democratized and decentralized liquidity options. As part of this product line, Poolz offer a full refund to all participants of IDOs within 24-hours of listing of the project’s tokens to boost the investors’ trust in blockchain-native projects.
Poolz & NEAR
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In order to give the Poolz community an unmatched experience, the DeFi launchpad supports many blockchain networks: Ethereum, Binance Smart Chain, Huobi ECO, Polkadot, Polygon, Avalanche, Tomochain, and now, NEAR. The NEAR grant will help Poolz expand its presence on NEAR and its EVM sidechain Aurora.
NEAR is a sharded protocol that focuses on user experience, with all shards being largely hidden from the user’s view. NEAR requires developers to build on Rust, which becomes a problem in an EVM-dominated landscape for smart contracts. Here enters Aurora, which is a NEAR-based blockchain that enables EVM smart contracts. It leverages NEAR’s high throughput and sharded architecture to offer an extremely fast environment with 1 second block times and 2-second finality, which makes it extremely fast.
By integrating with Aurora, Poolz will help its users and incubated projects access opportunities on the blockchain, with both new projects and IDOs as well as technical help to integrate the protocol for existing protocols. Poolz is committed to a multi-chain and interoperable vision, helping foster liquidity across a variety of blockchain environments – with the end goal of connecting them together.
“The collaboration with Aurora will set us on our path to becoming an industry-leading cross-chain DeFi project launchpad and incubator,” said Guy Oren, Co-Founder of Poolz. “The grant will help us conquer the milestones we set out to achieve and help us deliver a near-perfect, pun intended, user experience for investors and crypto startups.”
About Poolz Venture
Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to assist crypto industry projects in raising funds before listing. Poolz Venture is an investment fund set up by the core team at Poolz to further build on the vision Poolz started with.
Website: https://www.poolz.finance/
Medium: https://poolz.medium.com/
Twitter: https://twitter.com/Poolz__
Telegram: https://t.me/PoolzOfficialCommunity
Telegram Announcements: https://t.me/Poolz_Announcements
About Aurora
Aurora is an Ethereum scalability solution which gives an opportunity for Ethereum projects to be launched outside of Ethereum to acquire additional markets and provide lower fees to the users. Good user and developer experience are among the primary focus points for Aurora. Aurora is implemented as a smart contract on top of the NEAR blockchain, so it inherits all the advantages of NEAR: a scalable sharded solution that provides the capability of increasing the amount of transactions-per-second horizontally.
Contact:
Liam Cohen
CMO
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119640
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.
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