Blockchain
LimeChain Drives Web3 Innovation, Enhancing the Global Market
Web3 is global and growing fast. The international market value of Web3 is expected to increase by more than 40% per annum through 2030. Its decentralized architecture and smart contract capabilities have transformative potential. Across industries such as finance, gaming, and social media, a blurring of technological lines is taking place.
Of course, delivering the promise of Web3 demands excellent user experience. And infrastructure is the engine of that experience. LimeChain is a pioneering Web3 engineering and product design firm contributing to that infrastructure – from DAOs to dApps and scaling solutions. LimeChains commitment to the mission is unwavering.
This commitment fuels their continued drive to grow and improve their core team of Web3 builders. 2022 was incredibly successful for LimeChain in this regard, as the team grew by 50% compared to 2021. The team is now over 100 strong, making LimeChain one of biggest Web3 companies in the world. Their recruitment effort has been significantly bolstered by their very successful Web3 training program LimeAcademy, which is aimed at preparing the next wave of Web3 engineers.
For 2023, LimeChain aims to maintain this level of growth and retain their position as a leading provider of Web3 services, including smart contract development, blockchain network development, DEX development, dApp design & development and ZKP implementation, among others.
“LimeChain has been a driving force for innovation in the Web3 space for over five years. We’ve been consistently delivering impactful products, helping to further the Web3 evolution and realize the vast potential of Web3 technologies. At the same time, we’ve also been educating talented Web3 engineers through our training program.”
“We are incredibly fortunate that we can share this journey with a number of standout clients and partners and explore projects and ideas that push us to perfect our craft and fuel our never-ending pursuit of excellence,” said Nick Todorov, co-founder and CEO of LimeChain.
Since their inception in 2017, LimeChain have selected innovative projects and ambitious partners that align with their vision, celebrating the growth and enrichment of the Web3 ecosystem, especially during challenging times. One River Digital Asset Management, recently acquired by Coinbase Inc., is a standout client.
“Our technology partners are critical as we work to build the first generation of institutional infrastructure in Web3. LimeChain has consistently delivered across design, engineering, and timely execution. Their ability to collaborate with in-house technical talent is outstanding. Working with LimeChain has accelerated our product development and expanded our perspective through a detailed, technical lens,” said Shaun Martinak, Product Lead, Onebridge, Coinbase Asset Management.
For the team at LimeChain, the recognition of their continued contribution to the growth of the industry has meant a lot, especially coming from a key partner that is at the outset of a new chapter of their Web3 journey. Looking ahead, they remain committed to supporting all of their clients and work with them to redefine what could be achieved in the Web3 space and introduce these fascinating technologies to a broader audience.
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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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