Blockchain
RFOX Games Appoints New Head of Business Development To Strengthen Presence in Southeast Asia
Vietnam-based RedFOX Labs Joint Stock Company (‘RedFOX‘) is pleased to announce the appointment of Philip Cahiwat as its Head of Business Development for its venture-level company, RFOX Games.
RFOX Games is a wholly owned subsidiary of RedFOX Labs, the company behind KOGs – the number one selling NFT on the WAX platform.
RFOX Games has released a closed beta version of its game KOGs: SLAM!, a 100% on-chain, mobile blockchain-based game modeled on the 90’s phenomenon POGs. The game is set to progress to open beta in the coming months, along with its marketplace and ahead of a series of interoperable games. Users can get started with their KOGs and join the global community via Discord where weekly sessions for updates and activities cater to the growing user base.
“With his background as co-founder of the largest online game publisher in the emerging markets of the Philippines and Brazil, Phil is perfectly positioned to help further develop RFOX Games business across the region. His extensive network of triple A companies and brands in the gaming space will also open many doors for us to work with prominent IPs. He will play a key role in building the business around our PLAY TO EARN agenda,” said Fadzly Yusof, General Manager of RFOX Games.
“The internet paved the way for multiplayer online gaming and mobile made gaming instantly accessible. With the advent of blockchain technology, the social currency now has quantifiable value. You put all three together, and you have this brand-new social economy that makes play-to-earn a reality. The modes of participation both as a player and a developer are seemingly limitless but are now just being explored,” said Philip Cahiwat, Head of Business Development of RFOX Games.
“RFOX Games is a pioneer in the space and will create new and interesting opportunities for gamers, content creators, collectors, investors, and developers with the support of Redfox Labs.“
“This is why I’m so excited to be here and to be working with such a driven and intelligent group of people. We’ve only just scratched the surface of what’s possible with blockchain technology, and my role would be to educate traditional game publishers and IP holders on how to break down their walled gardens and integrate them into the RFOX ecosystem and this new economy.”
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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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