Blockchain
Shido Launches Next-Generation Cross-Chain DeFi Ecosystem and Crypto Trading Platform
Shido is an emerging crypto and blockchain technology platform. Recently, the company introduced its Ecosystem and various DeFi Utilities.
Stockholm, Sweden–(Newsfile Corp. – February 3, 2023) – Shido, the next-generation Cross-Chain DeFi Ecosystem, announces the launch of its innovative platform and suite of DeFi utilities. The ecosystem includes the Shido Chain, a Layer 1 Sharded PoS Blockchain that is Smart Contract based and offers the perfect balance of security, decentralization and superior TPS. The ecosystem also includes the
Shido Wallet
In addition to the wallet, Shido offers the Shido MasterCard, a Crypto Debit Card and Banking Service available in over 150 countries worldwide. The Shido Dex is a decentralized exchange and DeFi aggregator, and the Shido Perpetual Dex is a next-generation V2 layer offering perpetual trading and collateralized loans. The Shido Market NFT is an innovative open NFT marketplace and the Shido Games P2E is set to revolutionize the P2E gaming world.
Shido Blockchain is powered by Shido Smart Contract and is deployed on the Binance Smart Chain (BSC), one of the world’s leading blockchains for DeFi. Shido’s liquidity pools are safely locked at Mudra Manager (BSC) and Team Finance (ETH) for 100 years. The company launched with a fair launch, with no presale or private sale, and has grown organically with a strong foundation. Shido recently expanded to the Ethereum Network, opening new investment opportunities and the possibility for its cross-chain ecosystem.
Shido MasterCard
Furthermore, Shido Finance will launch a series of utilities and platforms over the coming months, generating revenue independently and providing value to its users and investors. The experienced team behind Shido is fully Doxxed and the company’s smart contracts are fully audited.
With the new developments, the company is excited to launch the next-generation Cross-Chain DeFi Ecosystem and offer its users a unique and powerful suite of DeFi utilities. The focus of Shido Ecosystem is on security, quality and usability, and the team is committed to bringing DeFi one step closer to mass adoption.
In conclusion, the team behind Shido is dedicated to delivering an exceptional project that meets the expectations of the community. With experienced members, the company strives for transparency and open communication. Shido is constantly looking for talented individuals to join the team and help them achieve their goals.
About the Company – Shido
The formation of the Shido Ecosystem began in the autumn of 2021, as a team of knowledgeable crypto developers and investors joined forces to create the ideal crypto project. Their mission is to provide a secure and accessible entry into the world of cryptocurrency for investors, bridging the gap between traditional finance and digital assets. With Shido, growing wealth and earning passive income has never been easier. The company is just starting its journey and looks forward to working with its community to achieve its goals. Join the Shido community through any of its social platforms.
Potential users can visit the following links for further details:
Media Details:
Company Name: Shido Finance Ltd.
Person Name: Bjorn Bonnevier
Address: Stockholm, Sweden
Email Address: [email protected]
Website: https://www.shido.io/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/153432
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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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