Blockchain
Reltime launches its revolutionary blockchain and ecosystem globally
Reltime launched its revolutionary global decentralised financial (DeFi) ecosystem today, with over 10,000 people signing up on www.reltime.com.
To celebrate this milestone, Reltime organised a virtual Global Launch Party on Monday morning in the presence of CEO, founder and inventor Frode van der Laak and many of Reltime’s first movers.
Reltime is the first blockchain company to have created a unique global platform from scratch, including and offering borderless joint accounts to its users world-wide. Reltime has developed a next-generation, hybrid financial technology and DeFi ecosystem on top of its permissioned, PoA (Proof-of-Authority) blockchain.
Reltime’s personal and business users are able to benefit from highly-secure, transparent and fast transaction speeds of 2-3 seconds on average, utilising dApps, smart contracts and other Reltime features such as guaranteed, automatic collateral. Unlike many banking and fintech industry players, the company cuts out the middleman for all its financial services offered on the Reltime platform.
Commenting on the global launch, Frode van der Laak said: “We are excited to have launched our platform today, giving Reltime’s users the opportunity to be totally in charge of their own financial services within our ecosystem. Later this month, Reltime will roll-out its services in over 130 counties. Instead of using SWIFT and traditional lending platforms, Reltime is available 24/7/365, allowing personal and business users to interact and transact without any time constraints, and earn on interest).”
Reltime’s beta app for iOS and Android currently includes:
- almost gas-free transaction fees;
- very easy to send and receive funds to users’ phone contacts;
- settlement time of between 2-3 seconds, on average;
- Reltime users can offer loans to the Reltime marketplacewith collateral and limited lending risk;
- peer-to-peer lending and borrowing, whereby users themselves are able to set their own terms, interest rate and collateral (with or without).
- users having full control over Reltime’s services and with whom they wish to interact and communicate;
- creating joint accounts between two or more users globally and being able to manage the accessibility of such accounts in relation to withdrawals and deposits;
Reltime has created a digital asset called RTO (Reltime Oxygen), which is a stable coin used within the ecosystem.
The firm has listed the RTC token, which plays an important role in Reltime’s ecosystem operation. Benefits for RTC owners include:
- by holding the token, owners can benefit from an Interest reduction if they borrow from anyone within the Reltime ecosystem;
- receiving dividends on ecosystem earnings, such as transaction and gas fees, interest payments, business-to-business and openAPI services as well as other future revenues.
During Reltime’s Global Launch Party, Reltime’s CEO announced two additional RTC listings, on P2PB2B and INDOEX. Reltime has already been listed on BitMart and CoinTiger since November and December 2021, respectively. The company successfully carried out an initial exchange offering (IEO) in October 2021 on BitMart.
Each and every newly-registered Reltime user will receive a welcoming reward of RTC 1,000. In addition, Reltime offers a RTC 500 referral reward to users for signing up their friends and family.
Reltime for developers
Reltime’s OpenAPI can be used by developers to build their own dApps on top of the Reltime blockchain.Additional features and services will be introduced later this year, such as:
- the Reltime biometric payment card (anticipated in the third quarter 2022);
- launching digital financial services for several metaverse platforms (anticipated in the fourth quarter 2022);
- DeFi FX exchange, Reltime’s swap service (a truly cost-reducing micro exchange between different digital assets);
- a NFT marketplace as well as a number of other dApps on the Reltime blockchain; and
- Whitelabelling of Reltime’s applications.
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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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
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
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