Blockchain
Polygon and Orbs Launch New DeFi.Org Accelerator Program
Tel Aviv, Israel–(Newsfile Corp. – May 18, 2022) – Polygon, the leading blockchain development platform offering sustainable Web3 infrastructure, is accelerating its growth across decentralized finance. Polygon explores exciting opportunities with DeFi.org, a community-led decentralized finance accelerator, and Orbs, a Layer 3 blockchain infrastructure project.
Polygon and DeFi.org announced the launch of a new DeFi accelerator program. It is a special round for the DeFi.org team as the focus shifts to projects incorporating key technologies and infrastructure. this round will see the development of projects using Polygon’s L2 capabilities and Orbs’ L3 infrastructure.
Focusing on Layer 2 + 3 DeFi applications is the next step for builders passionate about developing on Ethereum. The network has a substantial technology stack to tap into. Polygon provides the scalability Ethereum needs, and Orbs introduces smart contract enhancement in ways not possible before. DeFi applications leveraging Ethereum’s security, Polygon’s scaling, and Orbs’ layer 3 capabilities will be at the frontier of next-generation decentralized finance innovation.
All DeFi.org accelerator round participants are required to build on Polygon. However, those that pay attention to utilizing Orbs’ L3 infrastructure will be subject to special consideration. Orbs offers a dedicated L3 enhancement layer operating in conjunction with EVM-based L1s and L2s. Moreover, it enriches any EVM smart contract’s capabilities, introducing more opportunities for exotic ideas.
Participants in this upcoming DeFi.org accelerator round will receive various benefits, including funding opportunities, mentorship, and market exposure. Additionally, DeFi.org will provide a liquidity injection for promising projects and a feature on the DeFi.org website and other selected venues on launch.
Teams and developers can submit their projects to the DeFi.org accelerator today using the Application Form or email to [email protected]. Anonymous applications are welcome, although they will be reviewed carefully.
All participation is subject to the DeFi.org accelerator T&C, found here.
About Polygon
Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 19,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.
Website | Twitter | Ecosystem Twitter | Developer Twitter | Studios Twitter | Telegram | LinkedIn | Reddit | Discord | Instagram | Facebook
About DeFi.org
The DeFi.org accelerator is dedicated to supporting research, development of open-source software, and community engagement sponsored by the Orbs project. The accelerator looks for projects that are built on the principles of fair distribution, community ownership, innovation, responsible approach to risk, sustainable economics and composability with the broader ecosystem.
Participants get a variety of benefits, including mentorship, funding opportunities, and market exposure.
Learn more at https://defi.org/
About Orbs
Orbs is a public blockchain infrastructure executed by a decentralized network of permissionless validators using Proof-of-Stake (PoS) consensus.
Orbs’ unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes, allow it to be set up as a separate execution layer (“L3”) operating to enhance the capabilities of EVM smart contracts. By working in conjunction with other L1 and L2 solutions as part of a tiered blockchain stack, Orbs opens up a whole new spectrum of possibilities for DeFi, NFT, Metaverse and GameFi.
For more information, please visit the website, or join the communities below.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124529
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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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