Blockchain
HumCen Global Initiates PLI Blockathon 2022 at Sathyabama University
Dubai, United Arab Emirates–(Newsfile Corp. – August 24, 2022) – XDC Based Plugin collaborates with HumCen Global (P) Ltd., NC Global Media and Sathyabama University to initiate a groundbreaking hackathon in India. The purpose of this hackathon is to welcome all blockchain enthusiasts and business professionals to develop decentralized applications on the XDC network.
Humcen CEO Launches PLI Blockathon along with Plugin team at Sathyabama University
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A PAN India hackathon, PLI blockathon welcomes participants from all over the country. Suvik Group of Companies, with its headquarters in the United Arab Emirates, is organizing it. Plugin, a decentralized Oracle network on the XDC network, is a blockchain-powered product. This hackathon’s goal is to invite all blockchain enthusiasts and industry experts to create decentralized applications on the XDC network.
The team which secures first position in the programme will receive 5 lakh, the second team will receive 2.5 lakh, and the third team will receive 1 lakh in rewards. The program finals will be held at the Sathyabama Institute of Science and Technology on September 22 & 23, 2022.
NC Global Media, a media and marketing agency, is the main media partner of the PLI blockathon. Branding, international marketing, media relations, press release distribution, corporate strategy, and consulting are the media company’s main areas of concentration.
Furthermore, the ecosystem partners include a wide array of prominent names in the industry such as, XinFin, XDC Network, XDC.dev, HumCen, Sathyabama University, LedgerFi, LedgerMail, Unmarshal, XDSea, Stasis, StorX, Opolo, Flovtec, Law Blocks, and Comtech Gold.
The program will be held with the collaboration of the Suvik Group of Companies and XDC Network. Enterprise-ready, open source, high bird blockchain for international trade and finance is the XinFin XDC network. All EVM-compatible smart contracts, protocols, and automatic cross-chain token transfers are supported by the XDC network, hence all Ethereum-based urns will function on the XDC network.
The enterprise-grade XDC Network can support a variety of cutting-edge blockchain use cases and is consistent with ISO 20022 financial communications requirements. Quick confirmation times, double validation, and randomness for security guarantees are some of the benefits of the Xinfin Fintech-created XDC network, which is now operating as a public EVM-compatible blockchain. A leader in human-centered IP strategy, HumCen Global is the IPR partner of Blockathon, committed to identifying innovations and turning them into marketable products.
About Sathyabama University
Sathyabama University is a prominent institution that has achieved achievement for more than three decades in the sectors of engineering, science, and technology. It provides multidisciplinary academic programmes in a range of fields, including engineering, science, technology, law, dentistry, pharmacy, nursing, management, the arts and sciences, and allied health sciences. It was created in accordance with Section 3 of the UGC Act of 1956, and the national accreditation and evaluation committee has awarded it an A Grade.
About PlugIn
A safe and scalable decentralized oracle platform called Plugin (PLI) offers solutions for any smart contract that utilizes the XDC Network Ecosystem. Smart contracts can communicate with data feed providers in real time thanks to the decentralized platform. Additionally, the platform manages feeds from several suppliers and aggregates while ensuring a high level of data security using off-chain processing.
About HumCen Global
HumCen Global (P) Ltd. is a peerless Human-Centered IP strategy company that focuses on transforming human-centric innovation into commercially viable IP assets. The company collaborates with and assists Corporates, Startups, Researchers, Innovators, Universities, and entrepreneurs in creating Intellectual Property portfolios. HumCen Global offers a wide range of premium services and extends its global presence to advocate the significance of IP Protection.
About NC Global Media
Since 2020, NC Global Media, a marketing agency registered in Dubai, has been making a name for itself as a unique player in the blockchain sector. The Global Innovation Excellence of the Year Award went to NC Global Media at the 2022 HumCen Awards, which were presented by HumCen Global (P) Ltd. on May 29, 2022.
Media Contact Details
Contact Person: Sasikumar Chandran
Location: Dubai, UAE
Email: [email protected]
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134695
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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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