Blockchain
NFTICALLY Announces World’s First E-Commerce Metaverse Ecosystem COMEARTH
NFTICALLY, a global Web3 E-Commerce SaaS platform announces the launch of “COMEARTH“, the go-to destination for commerce in the Metaverse. COMEARTH, a 3D immersive virtual environment, is powered by NFTICALLY’s “Web3 E-Commerce Engine” and backed by the trust and decentralization of the Polygon Blockchain. In COMEARTH, brands, enterprises, content creators, and celebrities will be able to purchase their virtual spaces/virtual real estate as its “Citizens” and launch the E-Commerce experiences for their customers, consumers and followers. COMEARTH will power E-Commerce for 100,000 brands and individuals by 2025.
The Metaverse has the potential to be a $13 Trillion ecosystem within a decade. The E-Commerce industry also is expected to expand at a CAGR of 22.9% between the years 2020-2027 to size over $16.2 Trillion. Exploring the intersection of two burgeoning markets, Polygon co-founders Sandeep Nailwal and Jaynti Kanani, Coinbase CPO Surojit Chatterjee, Unacademy Co-Founders Gaurav Munjal, and Roman Saini, Indian film-maker Subhash Ghai, Actor Kunal Kapoor, Capital X’s Cindy Bi, Nazara’s Nitish Mittersain have invested in NFTICALLY. Global brands Polygon, CEAT, Blockchain Council, SporteNFT, among others have come onboard COMEARTH.
COMEARTH comprises different sizes of land parcels that can be purchased as NFTs and are governed by the smart contracts deployed on top of Polygon Blockchain. It will act as a global marketplace for goods (digital, physical, and phygital) & services (within and outside of the Metaverse).
Toshendra Sharma, Founder, and CEO, of NFTICALLY, said, “COMEARTH will bring a fully-immersive DIY layer to E-Commerce and enable immersive hyper-personalization for everyone. We intend to democratize and facilitate mass Web3 adoption & bridge the gap between web3 & web2 E-Commerce.”
Brian Trunzo, Metaverse Lead at Polygon Studios, said, “Polygon Studios is pleased to welcome COMEARTH as a valued partner into the ecosystem. Their easy-to-use and powerful suite of tooling brings brands and rights holders closer to their audiences — a key aspect of facilitating broader Web3 adoption.”
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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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