Blockchain
Blockdaemon Empowers Web3 Developers and Institutions to Run Their Own Collator Nodes on Astar Network
The partnership will improve performance and stability for developers building on Astar Network
Los Angeles, California–(Newsfile Corp. – August 24, 2022) – Astar Network, the innovation hub on Polkadot, is thrilled to announce that it has integrated Blockdaemon, the world’s largest institutional-grade blockchain infrastructure company for node management and staking, as a collator. The partnership will enable Blockdaemon’s institutional and individual users to start their own collator nodes with Astar Network.
Blockdaemon Empowers Web3 Developers on Astar Network
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Though Astar supports users who maintain their own collator nodes, it’s still technically out of reach for many individuals and institutions joining its network. Blockdaemon’s suite of products and tools comprise a total ‘node stack’ of blockchain technology empowering any eligible project to access the Astar Network.
As a node infrastructure provider, Blockdaemon will provide Websocket and RPC endpoints to projects wishing to build on the network. Often, it is not feasible for many projects, devs and businesses to build and maintain their own Astar node to access these services. Blockdaemon’s years of node blockchain expertise specifically for the Polkadot ecosystem significantly lowers the barrier to entry for projects building on Astar.
Blockdaemon’s full node support provides a critical on-ramp for Astar dApp developers and institutions. Rather than relying on public infrastructure, which can come under heavy load from many different sources, or facing the ongoing challenges of self-running an Astar node, it is now possible to outsource Astar node requirements to Blockdaemon.
“We are excited to integrate with Astar to improve accessibility for developers and institutions. Astar is connecting the Polkadot ecosystem to all major Layer 1 blockchains by building in interoperability for a multi-chain future. Combining Blockdaemon’s institutional-grade infrastructure with Astar’s rich tech stack, we look forward to supporting the health of the network and providing a critical on-ramp for Astar dApp developers,” said Cecilia Feng, Strategic Protocol Research Lead at Blockdaemon.
“We are very excited to have a partnership with Blockdaemon. This partnership allows us to make a more reliable and robust network and explore new use cases like DOT liquid staking,” said Sota Watanabe, founder and CEO of Astar Network. “Together with Blockdaemon and infra partners, we will do our best to provide developers with the best experience.”
Collators maintain parachains by collecting parachain transactions from users and producing state transition proof for Relay Chain validators. Unlike validators, collator nodes do not secure the network. If a parachain block is invalid, it will get rejected by validators.
More users will strengthen the Astar network and play a crucial role in block production, collecting transactions, and producing state transition proofs for Relay Chain validators.
Blockdaemon is the largest independent blockchain infrastructure platform connecting institutions and developers to leading networks. Founded in 2017, Blockdaemon runs over 50,000 nodes on behalf of its more than 200 institutional customers-including exchanges, custodians, liquidity providers, and neobanks-and supports 55+ blockchain networks such as Polkadot, Kusama, Bitcoin, Ethereum, Solana, and Avalanche.
As Astar builds the future of smart contracts for multichain, it’s keen to attract developers and institutional interests. Besides enabling new users and businesses to join Astar, Blockdaemon will collaborate with Astar Network in future hackathons and networking events. Developers building on Astar can deploy their dApps with EVM and WASM smart contracts while offering true interoperability and cross-consensus messaging (XCM).
About Astar Network
Astar Network is The Future of Smart Contracts for Multichain. Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM). We are made by developers and for developers. Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build.
Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL dApps.
Website | Twitter | Discord | Telegram | GitHub | Reddit
About Blockdaemon
Blockdaemon is the leading blockchain node infrastructure to stake, scale, and deploy nodes with institutional-grade security and monitoring. Supporting 50+ cutting edge blockchain networks in the cloud and on bare metal servers globally, Blockdaemon is used by exchanges, custodians, crypto platforms, financial institutions and developers to connect commercial stakeholders to blockchains.
Blockdaemon powers the blockchain economy by simplifying the process of deploying nodes and creating scalable enterprise blockchain solutions via APIs, high availability clusters, auto-decentralization and auto-healing of nodes. For more information, please visit https://blockdaemon.com/.
Media Contact:
Itai Elizur
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134720
Blockchain
Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3)
Introduction
The blockchain and cryptocurrency industry continues to evolve, with major advancements in institutional adoption, regulatory modernization, and innovative applications. Today’s roundup covers Dogecoin’s new blockchain strategy, the U.S. Army’s use of blockchain for tracking aid, notable blockchain startups, domain challenges for Web3 companies, the first AI blockchain agent, and Luxembourg’s legal updates for custody chains. Let’s break down the biggest headlines shaping the future of blockchain technology and decentralized finance.
Dogecoin Unveils Strategic Blockchain Movement
Expanding Beyond a Meme Coin
Dogecoin, often viewed as a lighthearted cryptocurrency, is making serious strides toward blockchain utility with a new strategic initiative aimed at expanding its use case beyond simple transactions. The Dogecoin Foundation has announced plans to integrate layer-2 solutions, smart contracts, and interoperability features, potentially positioning DOGE as a serious competitor in the decentralized finance (DeFi) space.
This move signals a shift in the perception of Dogecoin, which has long relied on community-driven momentum. With the new strategy, DOGE could become an integral part of the growing Web3 ecosystem.
Source: Crypto Briefing
U.S. Army Utilizes Blockchain for Aid Tracking in Ukraine
Military Adopts Emerging Tech for Transparency
The U.S. Army is leveraging blockchain, big data, and generative AI to track billions of dollars in aid sent to Ukraine. This marks a significant step in blockchain’s adoption by governments and defense agencies to enhance transparency and prevent fraud.
By using blockchain for immutable record-keeping, military officials aim to improve logistics tracking, reduce inefficiencies, and ensure secure auditing of aid distribution. This could set a precedent for future government adoption of blockchain-based verification systems.
Source: Breaking Defense
10 Blockchain Startups to Watch in 2025
Innovation Driving the Next Wave of Web3
A new report highlights ten emerging blockchain startups poised to disrupt industries from finance to supply chain management. These companies are working on scalable smart contracts, decentralized identity solutions, and improved cross-chain interoperability.
Among the standout names are startups focusing on privacy-preserving transactions, institutional DeFi tools, and real-world asset tokenization, reinforcing blockchain’s growing role in mainstream finance and enterprise adoption.
Source: Yahoo Finance
Web3 Companies Struggle with Domain Name Challenges
Decentralization vs. Traditional Domain Ownership
As blockchain companies push forward with Web3 adoption, many are encountering significant hurdles in securing relevant domain names. Unlike traditional domains governed by ICANN, blockchain-native domains such as .crypto and .eth exist outside standard regulatory frameworks, leading to disputes and accessibility issues.
Industry experts are calling for greater collaboration between blockchain projects and domain registrars to ensure seamless Web3 adoption while maintaining online accessibility for users.
Source: Domain Name Wire
Klaus Agent Becomes the First Blockchain AI to Use Custom DeepSeek Model
AI and Blockchain Converge
The Klaus Agent, an AI-powered blockchain agent, has integrated the DeepSeek AI model to enhance decision-making, smart contract automation, and decentralized application (dApp) intelligence. This innovation represents a major step in merging artificial intelligence with blockchain networks, allowing for more sophisticated automation in DeFi, NFT trading, and DAO governance.
As AI and blockchain continue to converge, the potential for autonomous smart contract execution and predictive analytics is expected to grow, leading to more efficient decentralized systems.
Source: GlobeNewswire
Luxembourg Modernizes Custody Chain Laws for Blockchain
A Legal Framework for Tokenized Assets
Luxembourg, a key financial hub in Europe, has updated its custody chain regulations to accommodate blockchain-based assets. These changes are designed to facilitate institutional adoption of tokenized securities and digital asset custody solutions.
By providing a clear regulatory framework, Luxembourg aims to attract fintech firms, investment funds, and digital asset custodians, further strengthening its position as a leader in blockchain finance.
Source: National Law Review
Conclusion
The latest blockchain developments underscore the rapid evolution of the industry, from Dogecoin’s strategic shift to military adoption of blockchain for transparency. As AI and blockchain begin to merge, and governments refine regulations, we are witnessing a pivotal moment in decentralized technology.
With institutional interest growing and regulatory frameworks taking shape, blockchain and Web3 technologies are moving closer to mainstream acceptance. Stay tuned for the next Blocks & Headlines briefing as we continue to track the most significant trends shaping the future of decentralized finance and digital assets.
The post Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3) appeared first on News, Events, Advertising Options.
Blockchain
Fintech as a Service Business Research Report 2025: Global Market to Reach $1.1 Trillion by 2030 from $387 Billion in 2024 – SMB Adoption of Fintech Services Spurs Market Expansion Opportunities
Fintech as a Service (FaaS) Market
Blockchain
From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity
The post From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity appeared first on News, Events, Advertising Options.
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