Blockchain
Jelurida: Blockchain Anywhere With Ardor on Android
Jelurida is proud to announce the Java-based Ardor blockchain can now run on Android OS as a full node, supporting the complete set of platform features. Users can now participate in the decentralized network with just their phones, without having to manage a server, or to run the software on their laptops continuously.
Until now, only a light client functionality was supported on mobile devices. Creation of new blocks, a critical part of any blockchain, and many important Ardor features – bundling, automated funding, coin shuffling – all require running a server. The full node on Android package now opens access to all this functionality on modern smartphones.
Maintaining its own copy of the blockchain, the mobile device becomes a full-fledged participant in the network, as reliable as a dedicated server, except that it can be with the user all the time, not in a remote datacenter. IoT projects will now appreciate the flexibility to integrate Android based smart meters and industrial sensors directly with the blockchain.
“Running a proof-of-work mining node on a mobile device is unthinkable, and other proof-of-stake blockchains are moving in the direction of increased centralization by depending on master nodes and using delegated consensus,” says Petko Petkov, the engineer leading Jelurida’s Android initiative. “Jelurida remains committed to true decentralization, enabling even the minor token holders who would not consider managing a server to participate in the network consensus, generate new blocks and earn fees. Negligible energy requirements and automatic pausing on metered connections means users can leave the Ardor software running on their smartphones all the time.”
The shift from hosted server nodes to portable devices makes the blockchain more resilient against external attacks, data-tampering, and censorship. While a proof-of-stake blockchain does not depend on “mining farms,” if most nodes are physically located in a few datacenters, a natural disaster or coordinated attack can still cause major disruptions. However, when numerous mobile devices, all over the world, in physical possession of their owners, actively participate in the proof-of-stake consensus, the resilience of the blockchain against natural or human adversaries is ramped up to a whole new level.
The unique consensus-as-a-service model of the Ardor blockchain ensures that this improved decentralization, security, and network resilience will immediately benefit all Jelurida business customers with a dedicated child chain as well as those building applications on top of the Ignis child chain.
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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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