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Blockchain

CCoin Network: Fiat/Crypto transfers at zero fees

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CCoin Network was created as a real solution for banking and cryptocurrency issues: high fees, time required for payments execution, low security and loss of value.

CCoin Network Ecosystem is a Fintech group of companies with its own blockchain known as ‘SourceLess Hybrid Blockchain’, in which the main purpose is to change the financial functionalities to the benefits of its users. The system was created to have multiple functions, in which Cryptocurrency and FIAT, inside CCoin Network Core software allow almost instant interchange, without users interactions based on AI and SourceLess Blockchain .

The Blockchain MVP will be publicly released during the Public Sale of their token ccoinnet/CCOS (ERC20 on Ethereum Blockchain), starting 15 march 2021 .

Behind the project, there are 3 companies, CCoin Company LTD. – UK/Token Owner, SourceLess INC./USA Blockchain, and SourceLess Network SRL – Romania/Development.

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As stated in CCoin Network’s Whitepaper, buyers will have not just a token but will also own stocks of the Blockchain – SourceLess INC corporation and personal/business – web addresses (STR.Domain). As they declared, CCOS are tokens, stocks-ownership proof and str.domain addresses-ownership proof .

The company held a Private Sale starting March 2020 which was successful, with a total 87% sold, to a +30000 members community from the entire quantity of CCOS disposed for the Pre-ICO. Now they are putting on the market an ICO, the quantity of 6.3 M CCOS .

CCoin Network will begin migration from Ethereum Blockchain to SourceLess Blockchain starting 15 July 2021 .

CCoin Network previously announced the following deals with other companies which will Beta-test payments through their Crypto-POS Systems, in which, fees are dissolved into the system and they are also testing the eligibility of – 5% fees based on post-mining additional tokens for each transaction so that can be used at cancelling negative value involved in each transaction. “The concept cannot be revealed at this point as we are getting the best version for financial sustainability,” stated founder Alexandru Stratulat.

The systems are now in testing. During the ICO, they will have weekly updates with test results.

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CCoin Network’s team is growing and currently recruiting. Please visit their website for more information.

CCoin Founder Alexandru Stratulat created the architecture of the crypto-financial ecosystem in 2016.

Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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