Blockchain
Cere Announces Gasless Integrations With Biconomy For Faster And Cheaper NFTs
Berlin, Germany–(Newsfile Corp. – April 11, 2022) – Cere Network (Cere), the first Decentralized Data Cloud (DDC) platform, today announced an important integration with Biconomy that benefits users of both networks. Via this integration, Biconomy aims to make blockchain transactions more streamlined through a protocol that allows zero-balance accounts to perform transactions, with any third party capable of covering the transaction fee. Decentralized applications will benefit from this technology through improved onboarding experiences by new users.
A Gasless Future for NFTs
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The service will be enabled for the Cere Decentralized Data Cloud at scale with a non-custodial, gas-efficient multi-chain relayer infrastructure network. Cere has built its own blockchain with substrate components, making it interoperable with Polkadot with bridges to Ethereum and Polygon, allowing for cross-chain Non-Fungible Tokens (NFTs) asset and data transfers, amongst others capabilities. The Cere DDC platform allows a more secure first-party data foundation in the cloud by using blockchain identity and data encryption to onboard and segment individual consumer data. This data is then automated into highly customizable and interoperable virtual datasets, directly accessible in near real-time by all business units, partners/vendors, and machine-learning processes.
This integration is performed on Cere DaVinci, but powered by DDC and Cere Mainnet. It marks an important milestone for Cere mainnet to transition from beta phase to full mainnet which is scheduled to launch in May 2022.
Decentralized applications on the Cere Mainnet are expected to benefit from more accessibility through Biconomy’s relayer infrastructure protocol, in addition to the security of Cere Network’s DDC. Data on the DDC are individually signed and encrypted-along with potential value transfers-which are stored in a tamper-proof, time-capsuled data scheme. Biconomy builders and users will also receive improved infrastructure security from Cere Network’s DDC, along with a number of other incentives for building on Cere.
Cere Network and Biconomy share the mutual goal of making decentralized applications in the Web3 ecosystem easier to adopt. The integration of Biconomy’s services-including Mexa, Forward, and Hyphen-into the upcoming Cere Mainnet will accomplish this by reducing and simplifying the traditional costliness and complexity of blockchain transaction fees.
“We look forward to integrating Biconomy in the Cere Ecosystem as we approach the next major milestone of our 2022 roadmap. Competitive fees are essential for achieving adoption, and we look forward to seeing how this partnership and integration will further improve the functionalities of the Cere Decentralized Data Cloud,” said Kenzi Wang, Cere co-founder.
“To make decentralization truly accessible, transactions need to be both seamless and secure,” said Aniket Jinda, Biconomy founder. “Our partnership with Cere Network is an important milestone in our development of a multi-chain ecosystem.”
About Cere Network
Founded in 2019, Cere Network is the first Web3 company to provide cloud data infrastructure solutions across blockchain networks through its Decentralized Data Cloud (DDC) platform. Cere Network enables security and access to various digital assets to NFTs, the metaverse, gaming content, and emerging collectibles. Cere is backed by the world’s largest institutions and projects, including Binance Labs, Republic Labs, and Polygon.
More information about Cere Network: Website | Telegram | Twitter | Linkedin | Reddit | Announcement channel.
Contact Information:
Martijn Broersma
[email protected]
About Biconomy
Biconomy provides plug-n-play APIs to make web3.0 user-friendly & frictionless. They are on a mission to make the decentralized web accessible to everyone. Biconomy believes they are to the missing piece to crypto adoption for onboarding the next billion. Their APIs & SDKs transform any dAapp to become usable for anyone regardless of their crypto knowledge and experience. The Biconomy multi-chain relayer infrastructure processes almost 50K daily transactions for 100+ DApps to ensure all the benefits of web3.0 come with the intuitiveness of web2.0. More information about Biconomy: Website | Telegram | Twitter | Discord.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/120039
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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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