Blockchain
Dunya Labs Releases India’s First Infrastructure Tool for Global Blockchain EOS
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Dunya Labs, a blockchain studio in Bangalore, launched its first product today. The product, Eclipse, is an intelligent automated resource management tool for developers and teams building on the EOS blockchain and launched with seven flagship customers from China, Korea, and the US. Dunya Labs is the first company in India to release an infrastructure product for the EOS blockchain.
Eclipse is an infrastructure platform built for a public blockchain called EOS that can be used by decentralized applications (dApp). However, the impact of Eclipse is two-fold: by abstracting away complexity for both users and dApp developers.
The design of EOS blockchain allows many benefits, compared to other public blockchains. EOS is extremely fast and scalable, and is written in C++, a language familiar to many software developers. Some aspects of EOS design resulted in bottlenecks for dApp development and use.
Eclipse is the first product for EOS to completely solve these bottlenecks and offers an end-to-end solution which is completely invisible to developers and users, allowing participants to seamlessly make transactions on the blockchain very similarly to how they interact with applications built on the traditional web.
“Better user experience and developer tooling is what will drive the real wave of decentralized, blockchain-based application adoption. We are very honored at Dunya Labs to contribute to that process. We believe that in the future, blockchain applications will feel just like centralized applications; and we are providing the bridges to make that a reality,” says Cathy Guo, CEO and Co-Founder of Dunya Labs.
EOS is a general-purpose smart contract platform developed by Dan Larimer, who also built application-specific blockchain platforms Steemit and Bitshares. Since the EOS mainnet launch in June 2018, the EOS platform has witnessed explosive innovation, activities and community engagement with over 500,000 account holders, more than 5 million transactions made per day, and one of the most exciting infrastructures and dApp development platforms in existence. (http://www.dappradar.com).
The Dunya Labs team behind Eclipse comes from top global technology product and infrastructure companies. The team has spent years in the blockchain space, and has hosted several in-person, hands-on developer workshops for EOS for hundreds of participants.
In India, less than 1% of the country’s developers have exposure to blockchain development, and experience is limited to platforms such as Hyperledger and Ethereum. Dunya Labs aims to bring India to the global blockchain frontier through community participation, developer education, and now products.
“Eclipse is just the first step towards lowering hurdles for users that come to blockchain from the traditional web. At Dunya Labs, our goal is to help people use public blockchains with ease and ensure they can focus on solving actual problems versus getting stuck with integration or build issues. We do that with our best-in-class engineering team and practices. We take a lot of pride in these,” says Srivatsa Katta, Head of Engineering at Dunya Labs.
SOURCE Dunya Labs India Pvt. Ltd.
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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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.
Blockchain
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