Blockchain
New LBANK token LIVE CRYPTO PARTY (LCP) launches educational program, in partnership with the National Orientation Agency of Nigeria
Salt Lake City, Utah–(Newsfile Corp. – August 22, 2022) – The National Orientation Agency (NOA) of Nigeria has entered into an official partnership with Live Crypto Party (LCP) for youth education, empowerment, value re-orientation, skills acquisition, mentorship and advocacy program.
Figure 1
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The aim is to leverage cutting-edge technology and blockchain, as well as edutainment approaches, to expose youths to global opportunities and empower them with tools and resources to become self-sufficient. In an attempt to address lack of jobs, internet misuse, cultism, drug addiction, and other heinous acts that jeopardise national security, peace, and order. NOA Director Dr. Garba Abari believes that this initiative will be an excellent first step towards addressing these issues.
As part of the NOA’s mandate to consistently raise awareness, values and behaviours, they set out to mobilise citizens acting in ways that promote peace and harmony. The NOA will work closely with IO Technologies in Nigeria, a Live Crypto Party subsidiary, throughout the execution of this project, which will begin this August, 2022.
Roseline Ebunobi, the CEO of IO Technologies and the founder of Live Crypto Party, believes that in order to fix the challenges we face in Nigeria, we must first address the root cause. She goes on to add that poverty, lack of information and resources, peer pressure, low self-esteem, alcohol and drug abuse are all factors that contribute to criminal behaviour. According to Premium Times, poverty toll will increase from 40.1 t0 42.6 by 2022 which is about 95.1 million Nigerians. Unfortunately, the poor communities are more vulnerable to antisocial behaviour than any other group, and they are often tempted to make bad decisions in order to survive.
Nigeria has a population of more than 200 million people, and we recognise that reaching such a large number of people will require significant investment.
The initiative will be implemented in badges, starting with a small group of 10,000 changemakers selected from communities across Nigeria’s 36 states. Beneficiaries will receive a certificate of completion which will be issued on the blockchain at the end of each educational segment, as well as LCP tokens as a form of Grant, so that they do not rely on handouts to meet their basic needs.
Over one million participants are expected to be trained in 36 states since all beneficiaries will be given the resources and the platform to impact 100 people in their community with the knowledge and skills they have gained and the cycle continues.
About Live Crypto Party (LCP)
Live Crypto Party (LCP) is a Party-to-Earn metaverse and event platform that promotes crypto adoption through edutainment activities. During these events, users can earn NFTs and cryptocurrencies such as BNB, BUSD, and the utility token LCP while having fun both online and offline, vibing to music, voting for the day’s currency, and engaging in other entertaining activities within the ecosystem.
On August 2, 2022, its native token LCP was listed on LBank Exchange and is paired with USDT. Anyone can easily trade LCP on LBank. The goal is to expand its global reach and achieve its objectives and vision. The real-time price of Live Crypto Party (LCP) can be found on Coinmarketcap.
Media Contact “en-gb”>
Austin Chris
Email: [email protected]
Learn More about Live Crypto Party (LCP):
Official Website: https://www.livecryptoparty.com/
Telegram: https://t.me/livecryptopartychat
Twitter: https://twitter.com/Livecryptoparty
Instagram: https://www.instagram.com/livecryptoparty/
Facebook: https://www.facebook.com/livecryptoparty
YouTube: https://www.youtube.com/c/LiveCryptoParty
Discord: https://discord.com/invite/YbKczGGQeg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134208
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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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