Blockchain
Capsule Corp Labs Brings Developers the Next Generation of NFTs
Capsule Corp Labs, a subsidiary of Capsule Corp, the creator of the Ternoa blockchain, launched a platform for the creation and development of Augmented NFTs. Capsule Corp Labs partners with developers of decentralized applications by providing them with all the resources they need to bring Augmented NFT solutions from business to market, and from ideation to product launch on the Ternoa blockchain. Capsule Corp Labs’ objective is dual: Be a catalyst for bringing the next generation of NFTs to the public while developing the Ternoa ecosystem.
In spite of their growing success, NFTs big limitation is limited usability that mostly revolves around a transaction between two parties on a peer-to-peer marketplace like OpenSea or Rarible. An NFT is limited to the role of commodities that change hands based on hype and hope. Play-to-earn tokens and NFT platforms provide NFTs with another level of interest or incentive outside of the normal buy, hold and sell options. But in the end, the NFT remains treated as a commodity, redeemable for cryptos in a marketplace.
Capsule Corp Labs represents a true paradigm shift in the way users have always known NFTs with the development of Augmented NFTs, which are non-fungible tokens enriched with virtual components that communicate with the user’s environment at the user’s request. And users can interact with this new breed of NFTs, by leveraging web3 technology. Capsule Corp Labs is currently partnering with the developers of MetaFight, Tipple, Alphée and Playaverse, while developing internal projects for Ternoa, all of which focus on Metaverse-based apps.
Mickael Canu, Co-Founder and CEO of Capsule Corp, said, “Capsule Corp Labs is one of the pillars of Ternoa’s growth strategy, which is to offer a marketplace for Augmented NFT DApps that run on our layer one blockchain. To that effect, we created Capsule Corp Labs to accelerate the distribution of quality DApps on the Ternoa Chain and provide developers with all the tools they need to build, package and bring to market in record time quality applications that leverage Augmented NFTs.”
Benjamin Arthuys, CEO of Capsule Corp Labs, added, “Today, user experience with decentralized gaming involves AR, VR and metaverse. So, what users require from their interactions with NFTs must reach far beyond their use as simple commodities. Capsule Corp Labs facilitates this shift by accelerating the creation of applications that give NFTs a life of their own.”
The goal for Capsule Corp Labs is to develop at least 20 projects in 2022. To support this effort, the company’s headcount has tripled in the last three months. Outside of supporting external and internal projects, Capsule Corp Labs is also developing a program geared towards bringing Augmented NFTs to established artists, who want more for their creations than just an NFT marketplace.
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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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