Blockchain
DaystromNFT Announces BowieBanc NFT Will Go to Auction
With bids starting at a single Ethereum, the first and only BowieBanc Non-Fungible Token (“NFT”) featuring the digitized art of rock & roll icon/iconoclast David Bowie (United Kingdom,1947-2016) goes to auction on February 7, 2022 thru February 11, 2022 at https://opensea.io/accounts/DaystromNFT. The auction is sponsored by Emmy-winning DAYstrom, the Mindshare behind “BowieBanc” and progenitors of contemporary digital art that incorporates deconstruction as art itself (“Free Comb”, Basquiat) by the 1st Amendment of the United States.
We’re thrilled to sponsor sale of the original BowieBanc “Artist Proof”, a one-of-a-kind primordial NFT featuring the authenticity and individuality of Ethereum’s decentralized blockchain platform. The winning bidder will receive an encrypted tokenized NFT of Bowie’s original Artist Proof captioned “BowieBanc Card” (mixed media/financial instrument – 2000) along with possession of the only physical rendition of the artwork ever created, with supplementary provenance by way of authentication.
The winning bidder acquires the BowieBanc NFT and may thereafter direct DayStrom to deconstruct the original physical work in a streamed broadcast. That broadcast shall in itself be memorialized as an NFT on the blockchain and provided at no additional charge to the winning bidder.
Mindshare said anonymously; “A techno-genius whose rarified life was fueled with industrial strength creativity and tremendous intellectual horsepower, David Bowie is among the most powerful social media icons to have lived on our planet. Decades before the advent of blockchain, he anticipated NFT’s as a talisman for the financial services industry, a method of transferring value above and beyond the grasp of conventional banking networks. The bank card he personally and meticulously designed portrays his own self-image, exactly as made widely available to BowieBanc users beginning 2001. In the event the winning bidder directs deconstruction of the original work, Daystrom shall take steps necessary and appropriate to eliminate and destroy the original work, ensuring the NFT remains the only version of the art to exist thereafter.”
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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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