Blockchain
GAVS Technologies Recognized by ‘Everest Group’ for Enterprise Blockchain Services
GAVS Technologies has been recognized for their Blockchain Services by ‘Everest Group’ in the Everest Group PEAK MatrixTM for Enterprise Blockchain Services 2020.
GAVS is recognised for their growing blockchain services practices and are investing in scaling their talent pool to manage the clients’ demand for building minimum viable blockchain solutions as well as supporting enterprises via staff augmentation for product engineering talent. They have also been recognised for the investments focused on building a GTM strategy for blockchain technologies and creating dedicated leadership and thought assets.
GAVS’ vision for their blockchain practice is ‘to enable enterprise adoption of blockchain and leverage it for its role in data governance and data security. Its current areas of interest such as Master Data Management (MDM) on blockchain and patient privacy management on blockchain aims at providing a base for healthcare interoperability across providers, while ensuring patient privacy. The company expects blockchain to replace many reference databases in the enterprise.’
The report analyses the changing dynamics of the enterprise blockchain services landscape and assesses service providers across several key dimensions. The report provides an objective, data driven and comparative assessment of blockchain services providers based on their absolute market success and delivery capability.
“Blockchain technology has had widespread adoption across industries, with projects moving from proofs of concept to deployment. Service providers are building capabilities to run and maintain blockchain networks for core business processes,” said Ronak Doshi, Vice President at Everest Group. “GAVS Technologies’ investments in fundamental research around blockchain use cases is evident by patents filed in areas such as master data management. Investments in blockchain talent as well as solutions and frameworks to assist clients in understanding the value delivered by blockchain networks have helped GAVS Technologies to be positioned on the Blockchain Services PEAK Matrix Assessment 2020.”
“Today there is an increased responsibility for organizations to address Consumer Privacy Concerns and organizations look into emerging technologies to bring Digital Ethics to their consumers. I feel Blockchain will be a major technology to address privacy concerns and we have a framework to help organizations with CCPA(California consumer privacy act).” – Srinivasan Sundararajan, VP – Technology.
“GAVS innovative MDM solution will accelerate the adoption of blockchain technologies promoting consistency with regional consensus paving a path for manufacturing, healthcare, banking and legal sectors to implement the technology in a phased and controlled manner.” – Sri Chaganty, Chief Technology Officer, GAVS Technologies.
SOURCE GAVS Technologies
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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