Blockchain
Wayru brings hundreds of WiFi hotspots on peaq to connect the unconnected in LATAM
peaq, the blockchain for real-world applications, announces the expansion of its ecosystem as Wayru joins to decentralize Internet access. Wayru is building a decentralized physical infrastructure network (DePIN) of community-run Web hotspots providing affordable and secure Internet access. The integration with peaq will see it make its WiFi hotspot firmware compatible with the network and link its mobile app with the blockchain, enabling users to set up their Hotspots on peaq. With its network already comprising more than 500 hotspots, Wayru operators will be able to migrate to peaq, earn rewards in the Web3 Economy of Things, and leverage peaq’s Machine DeFi.
While many in the developed world take Internet access for granted, the harsh reality is that some 3 billion people globally lack this crucial resource. While a link to this digital trove of knowledge and opportunity could do wonders for the most vulnerable communities, they are the ones lacking it most often. In South America, millions are unable to get internet access, which has fundamentally transformed the way we learn, connect, and do business.
Wayru works to close the digital gap, focusing especially on LATAM and the US, by enabling people to share their Internet connections and earn rewards in its $WRU token. To join its network, people can either purchase its Genesis hotspot or install WayruOS on any compatible hotspot. Either way, the next step is minting the device as a Non-Fungible Node (NFN). The NFN works as a track record of their hotspot, tracing its uptime and quality of service, with their rewards based on its performance. The token also grants users access to the network, enabling them to purchase credits at an affordable rate and surf the Web.
Wayru’s integration with peaq bolsters its progress on the mission to connect the unconnected by enabling the project to tap peaq’s modular DePIN functions. The latter include the multi-chain peaq IDs, compatible with Binance Chain and Solana, peer-to-peer machine payments, and role-based access control. It will also enable the Wayru community to earn rewards as part of the Economy of Things on peaq, benefitting from its DePIN-focused economic model, and leverage peaq’s Machine DeFi for setting up new hotspots.
At the initial stage, Wayru will tap the peaq software development kit (SDK) to enable the community to mint their NFNs on peaq. It will also add a peaq-compatible wallet to its mobile app. Later on, it will build a hotspot firmware version with peaq ID support, enabling users to migrate on peaq if they choose so, and officially launch on peaq. It will also enable the devices on the decentralized physical infrastructure network to earn $WRU tokens on peaq and add liquidity for the tokens.
“We are building more than a DePIN,” says Charvel Chedraui, CEO at Wayru. “The end goal is to make the Internet more decentralized and give the people more ownership in it. This vision is fully aligned with peaq’s values, which will greatly boost the project’s ability to build and scale.”
“The global digital gap is a crucial hurdle for our progress as a society,” says Till Wendler, co-founder of peaq. “The DePIN model is perfect for resolving the crisis, as it gives everyone more ownership in the infrastructure the global web runs on. It’s thrilling to see Wayru put this concept to work on peaq with such a noble goal in mind.”
The post Wayru brings hundreds of WiFi hotspots on peaq to connect the unconnected in LATAM appeared first on HIPTHER Alerts.
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
Digital Payment Gateway Market
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
-
Blockchain7 days ago
Pelican AI and Christie Capital Announce Launch of Brokered Financing
-
Blockchain Press Releases6 days agoBybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
-
Blockchain6 days ago
Sportsbet.io Becomes New Title Partner of Snooker’s Players Championship, Tour Championship and Champion of Champions
-
Blockchain Press Releases5 days agoThe Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
-
Blockchain Press Releases7 days agoBybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown
-
Blockchain6 days agoFast, Secure, and Seamless: Bybit Card QR Pay Set to Transform Payments in Brazil
-
Blockchain2 days agoCoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
-
Blockchain Press Releases7 days ago
Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake
