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Blockchain

PlayDapp and ITSB’s ‘GamePot’ join forces to introduce blockchain games to North America

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Blockchain game service platform PlayDapp (CEO Brian Choi) announced on the 12th that it has signed a joint business contract with ITSB (CEO Gong Shin-bae) to expand the blockchain game ecosystem.

Through this contract, the two companies plan to actively advance into the North American market through the ITSB US branch recently established in Irvine, California, as well as in Korea. In particular, PlayDapp will supply ‘blockchain plug-ins’ specialized for blockchain game services to GamePot, and ITSB will introduce blockchain plug-in services within GamePot. ITSB actively encourages the introduction of blockchain technology for 50 domestic developers using game pods such as Ragnarok and Rohan M, and further strengthens the expansion of the blockchain game ecosystem by targeting the North American market with a high understanding of blockchain games.

PlayDapp is a DApp game portal that provides a C2C marketplace based on blockchain technology. PlayDapp games are interoperable and provide a diverse portfolio of games that gamers can enjoy with Non-Fungible Tokens (NFTs). In addition, it is attracting attention as a blockchain technology company through the ‘Item Manager’ that provides the function of converting goods obtained from games into NFTs.

GamePot is a solution jointly developed by ITSB and Naver Cloud, led by CEO Gong Shin-bae, who has been in the game industry for more than 20 years. As one of Naver Cloud’s core services, it provides integrated game management services and supports various solutions necessary for post-launch operation, statistics, and customer needs from SDKs (Software Development Kit) needed for game development. All ITSB’s solutions, including GamePot are stably serviced in conjunction with Naver’s cloud platform.

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Meanwhile, PlayDapp’s blockchain Plug-in is an API (Application Programming Interface) blockchain game service solution that helps game developers who have difficulty building blockchain infrastructure to introduce blockchain game services with simple interworking. Through the corresponding service, functions such as game item NFT generation (mint), destruction (burn), and transfer may be easily used.

Sang Chung, General Manager of PlayDapp, said, “We are happy to collaborate with ITSB ‘GamePot’, which has the best technology in the game management service sector, to expand the blockchain game ecosystem. We will introduce Blockchain Plug-in within this fourth quarter.”

ITSB CEO Gong Shin-bae said, “Recently, the game NFT market has been a global craze. In existing games, all the money spent by users has been handed over to game developers, but now it is possible for gamers to earn actual profits by purchasing NFT. We will advance NFT technology to the world with PlayDapp, which will change the paradigm of gaming, he said.

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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Blockchain

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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