Blockchain
United Kingdom’s Unicorn unveils blockchain services for all industries
Blockchain has proven to be more than just a hype with a survey suggesting that as much as 10 percent of the global GDP could be stored on blockchain by 2025. Riding on this trend, UK technology company Unicorn is aiming to use its technology to further promote blockchain to different industries.
“Unicorn’s technology will be an innovative step into Industry 4.0 and we will create a blockchain technology revolution that will comprehensively bring a positive impact to all areas and businesses in countries that Unicorn is targeting.” Said Kim Waddoup, CEO of Unicorn.
Unicorn Surf: A secure and speedy network
At the core of Unicorn’s business is the Unicorn Surf network which is operated by blockchain technology. The network is split into two to optimize speed and ensure the highest level of security. It is regularly upgraded to meet the needs of individuals and businesses. To optimize speed, Unicorn also applies data stratification to ensure data remains secure while transferring at top speed. For example, if data hasn’t been processed within two to three seconds, Unicorn’s second network will join into accelerate the processing speed.
To adopt smart contracts to industries beyond finance, Unicorn is utilizing the Hybrid Smart Contract with fundamental technical solutions to adapt various economic activities.
Unicorn provides blockchain education
Apart from providing blockchain technology services, Unicorn also strives to further promote this blooming technology. To each region Unicorn expands its operations to, the company will establish a legal entity or form a cooperation with local partners to support and research the use of blockchain technology. At the same time, the team will enhance the community education of this technology.
Unicorn helps businesses adapt to blockchain technology
For businesses, Unicorn provides the Business Gateway solution which enables easy connectivity for enterprises when accessing a blockchain technology platform. This also helps businesses handle operations such as raising capital, issuing bonds and stocks, marketing campaigns, managing human resources, and operating production processes.
Unic Brain is the first artificial intelligence platform built on blockchain technology used for education and training development. Automatically solving complex business models, this platform is expected to create core changes in this technology over the next decades and rival Google.
Unic Chain, meanwhile, is a global ecosystem of traditional businesses that applies blockchain technology and artificial intelligence to their operation model. Unicorn partners with different technology companies and online platforms to offer one-stop solution to clients. The partners include:
- Google for using the processing system of map data
- Facebook for processing the users’ data
- Booking.com to learn about travel habits and behaviors
- Grab for shipping operations in different countries
- Ones-mart.net which is a startup that creates an e-commerce supermarket chain between buyers and sellers around the world
Unicorn provides the highest level of security
To ensure safe and reliable storage and transfer of data, Unicorn utilizes the ID Verify Platform which provides multi-domain traceability and requires authentication by a third-party network. In the e-commerce industry, this system is used to verify sellers’ data to determine they are real and trustworthy. In addition, all transactions are recorded for the buyer community to evaluate the sellers. This ID Verify Platform is also utilized to reduce other complex verification procedures.
Looking forward, Unicorn is looking to unveil the technical whitepaper of Unicorn Surf in November. Unicorn Fintech Company in the United Kingdom is responsible for promoting the company’s technology worldwide.
In August 2020, the Unic Traceverify, an origin traceability platform will be launched. Targeting the commerce and agriculture sectors, this platform will provide transparency in product origin and transactions.
SOURCE Unicorn
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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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