Blockchain
Klaytn Launches Pilot Program to Reward Partners
Klaytn, the public blockchain project of Korea’s Internet giant, Kakao (KRX: 035720), today announced the launch of a pilot program of ‘Klaytn Improvement Reserve’ and selected its devtools partner ‘Ozys’ as the first recipient of the program.
Klaytn Improvement Reserve, also known as KIR, is a KLAY reward system allocated for partners committed to maintaining a sustainable Klaytn ecosystem growth through enhancing development environment or initiating community building projects.
The first recipient of the pilot KIR is the Korea-based blockchain project Ozys, which recently entered into a devtools partnership with Klaytn to build and operate developer tools and services for Klaytn usability optimization. As a part of its first project, Ozys has added new features to ‘Klaytnscope,’ the block explorer that monitors block activities on the Klaytn platform, which is to be released on the 29th.
The renewed Klaytnscope will include event logs viewer, internal transactions analyzer that presents KLAY transfer history based on contract calls, ‘Token Information’ page that presents token transfer history and balance by account or token, and Token information viewer (source code, compiler version, etc.) for verified tokens.
Klaytn will offer Ozys with a wide range of support. In addition to KLAY reward through KIR, Klaytn will also provide development support and co-marketing programs. In the meantime, the official KIR program is set to launch later this year. Any interested projects or partners will be able to submit an application through the official Klaytn website.
“KIR is a token economy reward system that encourages partners to contribute to Klaytn ecosystem as well as gain financial benefit,” said Jason Han, the CEO of Ground X, heading the development of Klaytn. He added, “We will support our partners’ various initiatives towards building a stronger Klaytn platform and ecosystem.”
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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Blockchain
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