Blockchain
ATOR joins peaq as a Web3 privacy layer for DePINs
peaq, the layer-1 blockchain for DePIN and Machine RWAs (real-world assets), announces the expansion of its ecosystem as ATOR joins in as the privacy layer for DePINs building on peaq. ATOR is the DePIN network building the world’s largest global anonymous routing ecosystem. It will expand its liquidity to peaq and conduct a deeper technical integration unlocking its network for other DePINs in the peaq ecosystem.
As more and more people grow aware of the privacy risks we all face in today’s hyper-connected world, online anonymity is ever more urgent. For all their value, most of the options available to people today, such as VPNs or the Tor network, have their own flaws stemming from being too centralized. Many free VPNs double as data aggregation services, tracking their own users, and the Tor network, while being in many ways an exemplary work of pro-anonymity engineers and activists, is bottlenecked by its limited supply of volunteer relay nodes and largely limited to web browsers.
ATOR harnesses the well-established onion routing technology, leveraging the DePIN model to build a growing, incentivized network of nodes. Its network does not rely on centralized authority nodes, instead leveraging a fully-distributed architecture that makes it more resilient and secure. It is also primed for working as an interoperable privacy layer for dApps and other DePINs, enabling them to natively tap into the ATOR network seamlessly using their SDK.
As part of its integration with peaq, ATOR will expand its liquidity to the network, bridging its token with the layer-1 for DePINs. This would enable the DePINs building on peaq to leverage the network as a plug-and-play privacy layer, routing and encrypting their traffic through ATOR’s community-owned relays. ATOR will also explore tapping peaq’s multi-chain IDs and other Modular DePIN Functions for its own DePIN of relays.
“Online surveillance and privacy infringements are growing more egregious by the day,” says Saunder, an engineer at ATOR. “And over half of internet users consider it to be a priority. As DePINs transform industries and connected infrastructure, they must offer their communities a level of privacy without compromising the user experience. With ATOR, DePINs building on peaq will be able to do just that, and we are excited to be moving ahead with this integration.”
“Secure and anonymous traffic is a major component of Web3’s promise of a more privacy-focused and self-sovereign Internet,” says Till Wendler, co-founder of peaq. “ATOR’s anonymity stack makes it a valuable architecture component for any DePIN, and we are certain that it will create a lot of value for the ecosystem.”
The post ATOR joins peaq as a Web3 privacy layer for DePINs appeared first on HIPTHER Alerts.
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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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