Blockchain
CoinAll launches discount token selling campaign for DeepCloud (DEEP) token
CoinAll, the world’s leading digital asset exchange, has announced the official launch of DeepCloud (DEEP) token discount selling from 14:00 Nov 11, 2019 (HKT). In this program, it is available for the users who have completed KYC2 verification to enjoy 20% discount privilege to purchase DEEP token on the CoinAll platform, i.e. according to the reference price 0.002 USDT, the sale price will be 0.0016 USDT.
Moreover, DEEP deposit will be open from 11:00 AM Nov 11th (HKT), trading will be available from 17:00 Nov 11th (HKT), and withdraw starts from 17:00 Nov 12th (HKT). All the qualified users can have 20 minutes subscription session for DEEP sale, and there is no cap for the subscription, but the final subscription amount will follow this formula: (Personal subscription amount / total subscription amount) * total sale amount.
According to their whitepaper, the project DeepCloud AI is trying to build an AI-driven decentralized cloud computing platform for running the decentralized applications. They have provided a spot market for computing and storage resources for companies and individuals to share their excess capacity on our decentralized cloud, and with our AI Matching engine pair these resources for application developers. On top of that, DeepSuite, a suite of decentralized tools for both personal and enterprise usage, including DeepDrive, DeepSign, DeepDomains, DeepHost, and DeepVPN, are also under development, and more details should be disclosed soon as mentioned on their website.
To meet the market demands better, DeepCloud AI applies different technologies to form their own competitive advantages. As what they said, the matching algorithm is based on several parameters including information from network user requests, location of usage, and network contributors’ states in master nodes so that it can allocate resources for computation requests in the most optimal way. Also, DeepCloud AI platform will connect the decentralized resources to provide optimal performance. For enterprise customers, DeepCloud AI is building a secure layer around Intel’s SGX technology and will deploy real-time monitoring of the platform to prevent fraud.
Regarding to the discount token sale, Katherine, General Manager of CoinAll, has commented,
“CoinAll aims to build a fair, open, and transparent project showcase platform to provide blockchain entrepreneurs with one-stop services, from project initiation to seed user acquisition. Investors can find high-potential asset projects at an earlier stage and with reasonable valuation.”
For more details about the promotion campaign, please refer to https://coinall.zendesk.com/hc/en-us/articles/360035615832-DeepCloud-DEEP-Token-Sale-Discount-on-Singles-Day-Nov-11-.
CoinAll, a strategic partner of the world-class exchange OKEx, is a leading digital asset exchange in the industry. Sharing the advanced security system, 24-hour global customer support, as well as a 20-million user base of OKEx, CoinAll is dedicated to offering the most premium digital asset trading experience to all users.
SOURCE CoinAll
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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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