Blockchain
POD: The First Database for Metadata
The Public Onchain Database – or POD – is launching today to make working with metaverse data more easy and accessible. POD is a Web3 project that collaborates and manages all metaverse data (metadata) in a single interface for developers, builders, and users.
Because as the metaverse expands, so do challenges in working with data across multiple locations. For the metaverse to scale and decentralized apps to function, there needs to be a reliable third-party data collaboration platform.
POD meets those needs, as the first comprehensive database for metadata. From collaboration tools to robots and automation, POD is creating a rich data ecosystem for metaverse and Web3 users.
The Three Pain Points of Metadata Management
Any object in the metaverse is essentially metadata. An address, identity, transaction, or NFT all comprise forms of metadata.
Here are the three key metadata pain points that POD solves:
Hard to Find
On-chain data are scattered in contracts on different networks. It’s not yet possible for contracts to obtain all data from one single common environment.
Hard to Relate
Due to the non-relational storage, it’s hard to trace the relationship between two entities or associate entities with their metadata.
Hard to Utilize
Each network or app is unique in data transmission methodology. Thus, data from different sources have to be pre-processed before they can work in tandem.
Why People Need a Metadata Database
To solve the problems of current blockchain data, POD was developed as a neutral third-party data middleware, providing key functionalities and developing the full potential of metadata.
Benefits for Data Providers:
- Increase data searchability
- Provide data conformity system
- Empower NFT with infinite expandability
Benefits for Data Consumers:
- Quick access to multi-chain data
- Easy data category definition
- Tags for data management
And these are just a few. With a robust feature set and benefits, POD will make working with metadata more streamlined and efficient for all Web3 metaverse stakeholders.
The Future
POD’s goal is to bring different parties together and establish a collaborative dialogue to inspire the decentralized community. Together, POD can arrive at an agreed-upon data collaboration standard in an organic, bottom-up manner.
Part of POD’s vision is also to drive the establishment of consensus in metadata collaboration, becoming a critical part of Web3 data infrastructure. POD is unlocking the value of blockchain data and networks, propelling the Web3 data collaboration ecosystem to new heights.
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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