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Blockchain

Royal Joh. Enschedé steps into the world of NFTs with PROxID and Concordium blockchain collaboration

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Royal Joh. Enschedé, a 320-year-old Dutch printing company specialized in banknotes, postage stamps, tax labels, passports and visas, is teaming up with PROxID and Concordium blockchain to connect the world between security print products, NFTs and the metaverse.

Dutch software developer PROxID is building an NFT platform on the layer-1 blockchain with the integrated ID framework of the Swiss foundation Concordium, a market leader in securing digital assets via the ID layer. Concordium’s unique blockchain-based ID framework guarantees utmost privacy, while allowing transactions to be monitored and ensuring that each one can happen instantly, efficiently, at less cost and within an energy-efficient software.

This exciting collaboration will offer collectors a new platform to collect and trade, without compromising the original stamp’s uniqueness, as well as an entirely new playground beyond the physical world. In the digital world, collectible banknotes and postage stamps will correspond to NFTs acting as an ownership guarantee, which can be traded globally on a secure platform and ultimately live on in the metaverse.

Gelmer Leibbrandt, CEO at Royal Joh. Enschedé says: “Our vision is to contribute to a world without counterfeit. With the endless possibilities the blockchain offers, we are entering a new phase, a new era for our company and also adding a very strong and compelling security layer to our already very secure printed products. NFT stamps are unique, secure and highly collectible, and RJE is one of the world’s best known independent security printers. I am sure this will appeal to many in the NFT space.”

If you want to predict the future, you have to create it. PROxID will soon introduce a NFT platform based on trust with verified identities and objects in a secured environment. We also guarantee low costs and low energy consumption. PROxID provides the bridge between the existing world and the new WEB3 world. We start with valuable collectibles such as crypto stamps and banknotes and more applications will follow soon.” says Patrick Terranea, Founder of PROxID.

Lars Seier Christensen, chairman of Concordium and founder of Saxo Bank, says: “At Concordium, we are very excited to support a whole new dimension to the blockchain and NFT space in collaboration with RJE. Philately, the collection of stamps, is the world’s largest collector’s hobby. We believe this outstanding offering will bridge the world of traditional collectors to a new generation.”

Blockchain

Decentralized science can be the next big thing for blockchain utilization

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Decentralized science leverages blockchain’s decentralized ledger technology to address common challenges faced by researchers, including data integrity, reproducibility, and collaboration. By recording scientific data and research findings on a tamper-proof blockchain, researchers can ensure the integrity and authenticity of their work, reducing the risk of data manipulation or fraud.

Moreover, blockchain enables transparent and traceable peer review processes, allowing researchers to validate and verify each other’s work more effectively. This enhances the credibility and reliability of scientific publications, fostering trust within the scientific community and among the general public.

Blockchain-based platforms also facilitate greater collaboration and knowledge sharing among researchers, breaking down traditional barriers to access and enabling interdisciplinary collaboration. Through decentralized science platforms, researchers can securely share data, resources, and expertise, accelerating the pace of scientific discovery and innovation.

Despite its potential benefits, decentralized science still faces challenges, including regulatory uncertainties, technological barriers, and resistance to change within the scientific community. However, as blockchain technology continues to evolve and gain acceptance, decentralized science is poised to emerge as a transformative force in scientific research and collaboration.

Source: cointelegraph.com

The post Decentralized science can be the next big thing for blockchain utilization appeared first on HIPTHER Alerts.

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Blockchain

How blockchain-based voting can restore trust in the electoral process

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In this article we’re discussing the potential of blockchain-based voting systems to rebuild trust in electoral processes. These systems leverage blockchain technology’s transparency and immutability to address concerns surrounding election integrity and voter fraud.

Blockchain-based voting solutions offer several advantages over traditional methods, including increased transparency, security, and accessibility. By recording votes on a decentralized ledger, blockchain ensures that each vote is securely stored and tamper-proof, reducing the risk of manipulation or fraud.

Moreover, blockchain-based voting systems can enhance voter participation by providing greater accessibility to remote and disenfranchised populations. Through secure digital platforms, voters can cast their ballots from anywhere, reducing barriers to participation and promoting inclusivity.

Despite the potential benefits, the adoption of blockchain-based voting systems faces challenges, including regulatory hurdles and technological limitations. Governments and electoral authorities must navigate these obstacles to implement effective and trustworthy voting solutions.

Overall, the article highlights the transformative potential of blockchain technology in restoring trust and integrity to electoral processes. By embracing innovative voting systems built on blockchain, societies can uphold democratic principles and ensure fair and transparent elections.

Source: tradingview.com

The post How blockchain-based voting can restore trust in the electoral process appeared first on HIPTHER Alerts.

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Blockchain

Binance Integrates USD Coin (USDC) on CELO Network

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Binance has announced the integration of USD Coin (USDC) onto the Celo network, marking a significant step forward in expanding the utility and accessibility of USDC within the cryptocurrency ecosystem.

This integration enables users to seamlessly transfer USDC tokens across the Celo network, leveraging its high-speed and low-cost transactions. By integrating USDC on Celo, Binance aims to enhance the interoperability and accessibility of USDC, making it easier for users to engage with decentralized finance (DeFi) applications and access financial services on the Celo network.

USDC is a stablecoin pegged to the US dollar, offering users a reliable and transparent means of transacting value on the blockchain. With its integration on the Celo network, USDC gains access to Celo’s ecosystem of decentralized applications (DApps) and services, further expanding its utility and adoption.

The collaboration between Binance, USDC, and Celo underscores the growing importance of interoperability and cross-chain compatibility within the cryptocurrency space. By leveraging the strengths of each network, users can benefit from enhanced liquidity, accessibility, and functionality when using USDC on the Celo network.

Overall, the integration of USDC on the Celo network represents a significant milestone in advancing the capabilities of stablecoins and decentralized finance, providing users with greater flexibility and choice in managing their digital assets.

Source: blockchain.news

The post Binance Integrates USD Coin (USDC) on CELO Network appeared first on HIPTHER Alerts.

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