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Blockchain

BMM Testlabs Grants the First Compliance Certification in the Blockchain Industry to Chainlink VRF

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BMM Testlabs, the longest established and most experienced private independent gaming testing laboratory in the world, announced today that Chainlink VRF, the blockchain standard for verifiable randomness in gaming and NFTs, has received the GLI-19 compliance certification through BMM Testlabs.

Chainlink VRF (Verifiable Random Function) is the blockchain industry’s most widely adopted random number generator (RNG), enabling smart contracts to access random values without compromising security or usability. VRF is used for minting NFTs, randomizing in-game features, and much more. Since it first launched, VRF has served a cumulative 7.9 million randomness requests. VRF V2 launched in February 2022, reducing transaction fees and empowering smart contract developers to build the next wave of provably fair and scalable NFT and gaming applications.

Maria Romero, Business Development Manager for iGaming at BMM Testlabs, commented, “As one of the first certifications in the blockchain industry, BMM is paving the way for companies developing blockchain-based gaming solutions to become certified in a secure and compliant way that was previously unavailable.

”By using this certified random number generator for iGaming applications, developers can rely on the security best practices built into the Chainlink VRF offering. This ensures that the randomness is both verifiable and tamper-proof using a trust-minimized approach, reducing the potential for human error.

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Trident Reports First Half 2024 Unaudited Financial Results

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CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities

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Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.

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Blockchain

Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum

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