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Blockchain for Good Alliance launches at Blockchain Life Dubai

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The Blockchain for Good Alliance (BGA) announced its official launch on April 15, at the Blockchain Life Dubai event.

Describing itself as a “collaborative network of organizations, projects, and individuals committed to leveraging blockchain technology to solve global social, environmental, and economic challenges,” the BGA has partnered with blockchain-based organizations of nearly every stripe.

These include Bybit Web3, Solana Foundation, Aptos, Moledao, Harvard Blockchain Club, ICP.Hub UAE, American University of Sharjah (AUS), Coineasy, Libera, Edu3Labs, Alchemy Pay, Bu Zhi DAO and XueDAO.

The newly launched organization will work as an incubator for blockchain tech, according to its website. It’ll provide networking opportunities connecting builders with mentors, resources, and events.

A spokesperson named Abbie, a representative of the Harvard Blockchain Club, said in a statement that :

,,We are thrilled to be a part of the Blockchain for Good Alliance (BGA) launch. Through our commitment to exploring university initiatives such as establishing a blockchain publication repository and supporting BGA’s impactful projects, we aim to foster a culture of innovation and collaboration within our academic community.”

Blockchain social platform Moledao, a BGA partner, described the alliance as a path towards mass adoption in a YouTube video posted on April 14.

The concept of “blockchain for good” was recently studied by Italian researcher Silvia Semenzin, at the GRASIA Research Group, Institute of Knowledge Technology, Complutense University of Madrid, in a research article posted to Sage Journals.

According to Semenzin, many initiatives to “do good” through the use of blockchain technology are either motivated by profit seeking or largely ignorant to the realities of disparate class financial relativities.

The Blockchain for Good Alliance will operate as a non-profit, something that should largely assuage the typical concerns associated with tech-based endeavors to do good.

Lily Liu, President of Solana Foundation, said in a statement that this collaboration “enhances our commitment to harnessing blockchain for global benefit.” She added that the platform would drive “impactful change,” by joining the partners together:

“This has opened doors for innovative public infrastructure projects such as Helium and Hivemapper, where users not only contribute but also earn from their participation. Moreover, Solana’s technology facilitates accessible cross-border remittances and new financial products, making it a pivotal player in creating a more inclusive financial system.”

Source: cointelegraph.com

The post Blockchain for Good Alliance launches at Blockchain Life Dubai appeared first on HIPTHER Alerts.

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Blockchain

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

Correction: CBiGroup Completes $15M Series A Funding, Focuses on R&D

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CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

COTI V2 changing private play on blockchain via encrypted circuit

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COTI V2 is revolutionizing blockchain technology with private play through encrypted circuits, offering enhanced speed and efficiency. Currently, the Genesis builder network is live, and the company is inviting developers to join their program. The network supports private play upgrades for Ethereum.

As a privacy-focused Ethereum layer 2 solution, COTI V2 employs advanced encryption technology and encrypted circuits, enabling operations on all devices without compromising personal data.

The primary goal of COTI V2, as outlined in its whitepaper, is to address private play issues on blockchains. Developers can protect privacy through encrypted circuits. The COTI V2 Devnet provides a user-friendly, connectible EVM space (gcEVM) using the Solidity programming language.

Additionally, the COTI V2 network offers developers tools for privacy play with TypeScript and Python SDKs, along with EVM RPC, documentation, a faucet, an explorer, and Hardhat.

COTI has received positive feedback from Civic, a provider of Web3 identification toolkits.

The COTI Foundation plans to launch a privacy-focused growth fund, the ABC Growth Fund, allocating 400 million COTI tokens to provide real-time privacy services.

Developers using the COTI V2 builder network can explore use cases such as confidential DeFi, private payment transactions, stablecoins and RWAs, on-chain data control, confidential AI and machine learning, and decentralized identity recognition.

According to COTI CEO Shahaf Bar-Geffen, the COTI V2 builder and developer program is now available to the public, inviting developers to join the network.

Source: cryptonewsz.com

The post COTI V2 changing private play on blockchain via encrypted circuit appeared first on HIPTHER Alerts.

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