Blockchain
Multi-Blockchain Wallet App Nufinetes Releases New Feature to View NFTs on Ethereum and VeChain
Nufinetes, the first multi-blockchain wallet app built for Ethereum, VeChain and BNB Smart Chain networks, released a new feature today that allows users to securely manage, view and send Ethereum NFTs from select projects. Already built to view VIMworld’s SmartNFTs on VeChain, the Nufinetes update extends its compatibility to include ERC-721 NFTs all with an easy-to-use interface.
WalletConnect, VeChainThor dApp Connectivity
Nufinetes gives users the ability to sign transactions across multiple blockchains. Using Ethereum/BSC’s Wallet Connect or VeChainThor’s signing function, users can interact with dApps across all networks, freely sending transactions to a blockchain of choice. This includes token swaps on popular dexes such as UniSwap (Ethereum) or PancakeSwap (BSC) and buying NFTs from popular marketplaces such as OpenSea (Ethereum).
Multi-Browser/Device/OS Support
A core feature of Nufinetes is the ability to operate seamlessly across any device, OS or browser. Users are not limited to a single browser extension. Instead, Nufinetes can be used on a web browser or as a standalone desktop or mobile application.
Cross-device capability is also feasible through a simple seed phrase import, allowing users to simultaneously manage assets in a manner that suits them best. Simply put, users import or create a new wallet in Nufinetes, that wallet address is replicated across each available blockchain, minimizing the number of addresses a user must manage and streamlining the user experience.
New Security Features
This new release also enhanced security features to protect users. As a decentralized wallet, private keys are managed directly by the wallet owner. Nufinetes provides the option to export a private key directly, allowing users to create digital backups on USB or other secure storage devices. Next, FaceID on Apple iOS devices is also now supported, offering an additional layer of mobile security. Finally, an “Always Ask” feature was added requiring the wallet owner to use a pin code or biometric input each time their phone locks or the Nufinetes application reopens.
New Time-Saving Features
For convenience and security, addresses can be added to the Nufinetes address book, allowing for quick and convenient transactions to frequent recipients. And power users that need to make multiple sequential transactions can unlock the wallet for increments of up to 30 minutes instead of requesting a password for each transaction.
Project and dApp Integration
The Nufinetes development team has also introduced capabilities that are highly attractive for project teams who may want to snapshot assets on one chain (e.g. NFTs on Ethereum), and send rewards on another (e.g. airdrop tokens on BSC), for example. The Nufinetes SDK is also available for VeChain, and soon Ethereum, ecosystem partners, allowing them to integrate their projects with the Nufinetes wallet. The SDK will be made publicly available soon for additional integrations.
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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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