Blockchain
Lambda256 Launches NFT Bridge Connecting Luniverse to the Ethereum
Lambda256, the blockchain arm of a South Korean fintech leader Dunamu and an operator of a blockchain service platform Luniverse, has announced the launch of “Luniverse Multichain NFT Bridge” service along with the upgrades on NFT-related services on April 12. Luniverse is playing a key role in Lambda256’s competitiveness in Asian NFT market, by providing a technical base for NFT services of Lambda256 such as Upbit NFT. Through Luniverse Multichain Bridge service, Lambda256 aspires to expand Luniverse ecosystem to multichain environment such as Ethereum.
The new Luniverse Multichain NFT service provides NFT features including the NFT bridge service connecting Luniverse and Ethereum, IPFS, APIs dedicated to NFT, and a carbon-neutral blockchain environment.
Lambda256 expects to expand the utility of Luniverse NFT with the Bridge service, which will enable Luniverse-based NFTs to be transferred to the Ethereum chain. The Bridge enables Luniverse-based NFTs sold on both Luniverse and Ethereum NFT markets such as Upbit NFT and OpenSea. Luniverse Bridge is provided without the transaction fee temporarily for the expansion of its user base. Users can claim the fee from Faucet platform on the Luniverse Bridge website. Another merit of Luniverse NFT is multichain scalability at reasonable cost, intensified by the recent upgrade on the NFT API with the functions such as bulk minting, Ethereum minting, and IPFS metadata management. The metadata management system using IPFS, a feature to be supported soon, will be a foundation of decentralized and a developer-friendly environment.
According to Lambda256, “the Luniverse Multichain NFT service with a stronger API and the Bridge service together have built a convenient and highly utilized development environment. By connecting to the Ethereum chain, and other mainnet protocols in the future, the services will contribute to the expansion of the Luniverse ecosystem. Luniverse now provides easy and pleasant development for developers and an affordable NFT business model for contents creators and entrepreneurs.”
Lambda256 will unveil the Luniverse Multichain NFT Bridge on April 12. Detailed information on the service could be found on Luniverse Community and Luniverse Medium after the reveal.
Blockchain
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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.
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