Blockchain
CoinEx Offers Emergency Aids to Filipinos Affected by Typhoon Rai as A Gesture of Goodwill
Recently, Typhoon Rai hit the Philippines and to assist in disaster relief, CoinEx has offered emergency aid to disaster-stricken areas. As one of the strongest storms the country witnessed in 2021, Rai has brought strong winds, heavy rainfall, as well as floods. On December 31, 2021, the Philippine National Disaster Risk Reduction and Management Council (NDRRMC) briefed that Rai had affected 4.45 million people in this country and damaged more than 530,000 houses.
CoinEx dispatched support teams to the three worst-hit areas, respectively Southern Leyte, Cebu, and Negros. Sparing no effort in supporting disaster relief in the country, CoinEx also provided emergency assistance donations for local rescue organizations. Each support team consisted of 20 members. Soon after Rai hit the country, they prepared and distributed the relevant supplies to locals who need them the most.
On 6th and 8th January , the support teams visited locals in areas hit by Rai and distributed a total of 300 supply packages that included rice, noodles, sardines, water, bread, biscuits, and other daily suppliers. Apart from the provision of emergency supplies, CoinEx also gave a $10,000 emergency donation to the local government and spared no effort in supporting disaster relief in the country.
CoinEx’s assistance to disaster relief in the Philippines fully reflected its mission of “Via Blockchain, Making The World A Better Place”. CoinEx always committed to its social responsibilities, has been actively involved in various charitable causes and held charitable events around the world. With a loving heart, CoinEx has been doing its utmost to give back to society and extend a helping hand.
As a world-leading crypto trading platform, CoinEx will continue to perfect its products and provide users with the best services. Meanwhile, it will also keep sending a positive message and engage in more charitable events. Aiming to give back to the public and its global users, the exchange will strive to take on more social responsibilities while calling on more people to contribute to charitable causes.
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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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