Blockchain
Kalao integrates Ramp to drive the mainstream adoption of NFTs
London, UK: 14 April 2022 – Payments infrastructure provider Ramp has partnered with Kalao, a NFT marketplace powered by the Avalanche public blockchain, to enable users to rapidly purchase AVAX from a variety of fiat payment options.
Ramp has reduced onboarding times by up to 90% within its partner ecosystem by providing millions of users with quick and secure access to the crypto economy. Kalao, which places a particular focus on the metaverse and virtual reality, anticipates it will reach swathes of new users following the integration.
“Kalao is an NFT ecosystem which is centered on being accessible, cost effective and user intuitive. After researching the market, Ramp had a considerable advantage for its clear, transparent and highly competitive fee structure as well as its focus on user experience. As we look to the future, we expect the Ramp integration to dramatically accelerate adoption of Kalao,” said Hassan, one of the Co-Founders of Kalao.
Ramp’s partners include some of the world’s most trusted brands and pioneering blockchain ventures, which depend on the low friction product to enable the mainstream adoption of their services.
“Making the payment process secure, easy and seamless will be a key factor in attracting new collectors to the NFT space and is something other platforms will need to work on to secure their position in the future. We believe end users shouldn’t need to educate themselves on the technical features of a blockchain in order to engage with it effectively. And Kalao is facilitating this kind of mainstream adoption,” said Jacques Whales, Chief Meta Officer at Ramp.
Ramp’s non-custodial, full-stack payment infrastructure accelerates adoption and builds trust for its partners. Its fiat-to-crypto payments service helps partners meet regulatory demands, while eliminating a complex buyer journey, which is often cited as a primary reason for preventing the mainstream adoption of decentralized applications.
Kalao’s integration of Ramp is live and users can make fiat-to-AVAX payments today. Other developers building on Avalanche who would like to explore on-ramping can contact [email protected]
Source: RealWire
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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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