Blockchain
Pro-Crypto RFK Jr Vows To Make US Budget Publicly Accessible On Blockchain
In a bold step towards transparency and accountability, Robert F. Kennedy Jr., a pro-crypto presidential candidate, has made a commitment to revolutionize the US budget system by putting it on a blockchain. This move has garnered significant support from the crypto community, who see it as a positive step towards enhancing transparency in government spending.
During his campaign, Kennedy Jr. stated, “I’m gonna put the entire US budget on blockchain,” highlighting the potential for every American to have access to every budget item round the clock. He emphasized the importance of public oversight, noting that such transparency would discourage wasteful spending. With 300 million “eyeballs” on the budget, Kennedy Jr. believes that citizens will be empowered to hold the government accountable for its expenditures.
This initiative represents a departure from traditional budgetary practices, leveraging the decentralized and transparent nature of blockchain technology. With promises of increased accountability and citizen engagement, Kennedy Jr.’s vision aligns with advocates for open governance and fiscal responsibility.
Prominent figures in the crypto community, including Charles Hoskinson, the founder of Cardano, have extended their support to RFK Jr. Hoskinson sees Kennedy Jr. as a refreshing alternative to the status quo and believes that he represents the best choice for voters in the upcoming presidential race. Despite the odds, Hoskinson is vocal about his endorsement of RFK Jr., emphasizing the importance of supporting candidates based on conviction rather than electability.
Hoskinson has criticized the political manipulation that sidelined Kennedy Jr. when his family endorsed Joe Biden. He views Kennedy Jr. as an underdog with the potential to disrupt the political landscape and believes that the endorsement of Biden by the Kennedy family is a result of political maneuvering. Nonetheless, he remains hopeful that Kennedy Jr.’s campaign will inspire positive change and encourage civic engagement among voters.
Source: coingape.com
The post Pro-Crypto RFK Jr Vows To Make US Budget Publicly Accessible On Blockchain 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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