Blockchain
Via Alchemy Pay, Encentive Web3 OS Integrates Fiat-to-DeFi Payments
Encentive has integrated its Web3 operating system with Alchemy Pay to enable Encentive module builders and end-users to accept fiat and crypto payments on the Encentive platform. Alchemy Pay will add popular alternative fiat payment methods to Encentive, including mobile wallets, Binance Pay and domestic instant transfer services. It will also provide Encentive users with off-ramp capabilities, meaning users can convert their crypto funds into over 100 local fiat currencies and have them deposited directly into their bank accounts.
The tie-up adds momentum to Encentive’s drive to increase crypto adoption and everyday use cases with the Encentive Web3 OS DeFi Module Builder. The Module Builder is a turn-key solution that enables community leaders, influencers, and enterprises to instantly create and customize modules for their own DeFi marketplaces for crypto tokens and NFTs. Encentive’s Web3 OS capabilities include farming, staking, NFT marketplaces, GameFi, OTC, and more. With these tools community leaders can dramatically increase the empowerment and growth potential of the communities they serve. Encentive enables anyone with a community following to create a DEX overnight and customize the DEX’s properties to best serve and incentivize that community.
Alchemy Pay recently extended its partnership with Binance to enable Binance Pay crypto payments for Instpower power banks across 14,000 locations in Japan, Mexico, Austria, Italy, UK, Canada, France, Germany, Brazil and more. Users can now make payments in fiat, stablecoins and other cryptocurrencies.
Alchemy Pay’s fiat-to-crypto ramps allow Encentive users to seamlessly employ DeFi functions that require crypto transactions from their wallet addresses as well as card payment options such as Visa and Mastercard.
Merchant network partners who use Alchemy Pay can accept cryptocurrencies for offline and online payments at a low cost and with convenient conversion to local fiat currency. The all-in-one system also allows merchants and businesses to accept fiat payments via e-wallets and credit and debit cards so that they only require one system for all their needs. Alchemy Pay’s network is supported by its incentivising utility token, ACH, an ERC20 token issued on the Ethereum blockchain.
Over the past six months, Alchemy Pay has integrated a number of leading cryptocurrencies onto its global crypto-fiat network, including MATIC, TRX, AVAX, VET, and ALGO.
The partnership with Alchemy Pay dramatically expands Encentive’s Web3 OS users and organizations ability to incentivise their communities. Recent developments also include sophisticated DeFi marketplace tools, such as leveraged futures trading, adding to essential functions such as staked and farmed trading pairs, customized liquidity provider fees, native tokens & NFTs, airdrops, and user referral rewards.
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
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
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