China’s “Ready” Digital Currency / Enterprise Betting on Blockchain / The Latest On DApps
August 14, 2019
This past week, we saw China making announcement pushing the bounds of the Blockchain/DLT landscape with speaking about the “ready” digital currency and stats around Shenzhen’s blockchain invoice project. Decentralized applications (DApps) were heavy in the news as well with TRON launching their Sun Network along with Blockstack and Lambda School partnering together to educate & build the next generation of DApps. For more and to keep you up to speed, here’s a snapshot of the top stories this week around the industry.
📖 China’s central bank digital currency is “ready” after 5 years of development
Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China (PBOC) announced that China will soon roll out its central bank digital currency (CBDC). He stated that the CBDC prototype exists and the PBOC’s Digital Money Research Group has already fully adopted the blockchain architecture for the currency. China’s CBDC will not rely entirely on a pure blockchain architecture, as this would not allow the currency to achieve the throughput required for retail usage… read more
📖 Large Enterprises Are Betting On Blockchain In 2019
2019 is the year when the blockchain ecosystem and the crypto industry as a whole had to get sober. The first half of this year was full of blockchain developments led by large enterprises in almost all important sectors, including insurance, financial services, supply chain, healthcare and trade finance…read more and be sure to check out more by Biser Dimitrov
📖 IBM, Tata Become First Big Techs to Back Hedera Blockchain
BM and Indian telecom company Tata Communications have joined the governance council of Hedera Hashgraph, a blockchain-like public network for enterprises. Hedera Consensus Service makes it possible for Hyperledger projects out there to use the service to put transactions in order and eliminate the need for them to stand up nodes for transaction ordering, and they get the trust model of a public network…read more
📖 Shenzhen Issued 6 Million Blockchain Invoices in 12 Months
Shenzhen, a major Chinese city, has issued nearly six million blockchain-based invoices in a year since their inception in August 2018. Shenzhen processed around $550 million through blockchain invoices in a year. According to a report by state news agency Xinhua on Aug. 6, more than 5,300 local companies in 113 sectors have joined Shenzhen’s blockchain invoice program so far…read more
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📖 Tron Officially Releases Sidechain Scaling Solution Sun Network
Tron (TRON Foundation) a Blockchain-based decentralized application platform has released a sidechain scaling solution called the Sun Network. The solution is designed to enhance and ensure a supposedly unlimited scaling capacity of the Tron mainnet. This will purportedly let DApps consume less energy and run with higher security and efficiency on Tron… read more
📖 IBM Files Patent for a Blockchain-Based Web Browser
IBM, the leading technology giant, has filed a patent with the United States Patent and Trademark Office for a web browser backed by a peer-to-peer network. The browser collects pre-specified information from web browsing sessions, according to the patent. The information is then transferred to a network of peer-to-peer nodes for collection and storage. Interestingly, IBM included a token in their model. IBM says tokens will verify a users browser session activities as they are packaged into blocks for the peer-to-peer network…read more
📖 Startup launches cloud service to facilitate on-boarding of enterprises to various blockchains
Enterprise Blockchain Startup Bloq has launched BloqCloud the new line of service form the company for enterprises to get access of blockchain network easily. Company will allow companies to run nodes and query transactions from BTC, BCH, ETH, and ETC through its platform…read more
📖 Stablecoin On-chain Transaction Volumes Soar, Outpace Venmo
Transfer volumes across stablecoin platforms have considerably rose in 2019. While the number of on-chain transactions across tracked stablecoins still trail that of Venmo, the aggregate total on-chain transfer volume across the largest stablecoins has now surpassed Venmo’s total payment volume (TPV)…read more
📖 Becoming Decentralized Enough: The Case For DAOs
Regardless of the camp you’re in, we can all agree there is room for improvement when it comes to DeFi decentralization. And DAOs or Decentralized Autonomous Organizations may be prime tools to further improve decentralization of a DeFi product. DAOs allow DeFi users to decide on major decisions such as adding features or deploying a new version of a DeFi protocol. Moreover, users can vote on who activates an emergency switch — or even create a child-DAO — to handle such a critical task…read more
📖 Bicameral Ventures Unveils Four Additions to its Board of Advisors
bicameral.ventures, a pioneer in “Interconnected Investing,” today announced four highly strategic additions to its advisory board with the aim of broadening the Fund’s scope and continuing to grow its investing model. The appointments include Michael Casey, a renowned blockchain author, researcher, advisor and entrepreneur; Jean Desgagne, former CEO of TMX Global Solutions and 25 year Bay Street veteran; Todd Finch, former head of Netscape Canada and Founder and Managing Director of The Main Thing; and Stefan Rust, CEO of Bitcoin.com and former head of Sun Microsystem’s Web 2.0 venture arm…read more
DApps (Decentralized Apps) Watch
📖 20 Blockchain Projects With the Most Dev Activity on Github
The Github data demonstrates some interesting trends about developer activity in the blockchain space with regards to open source projects. July saw a big move from perennial developmental leaders like Status and Storj. However, Ethereum still dominates the charts from top to bottom, with projects representing EOS, Steem, and Tendermint also maintaining a strong presence…read more and be sure to check out more by ConsenSys
📖 DAPP: The Way to Web 3.0
In late January 2019, LiquidApps set out on a journey to enable networks to overcome their scalability limitations and become the home for a new class of mass-scale applications. Since then, they have been hard at work releasing product after product, working with an ecosystem of developers to enhance the DAPP Network and building a vibrant LiquidApps community. As they approach their upcoming 6-month mark, code has been saved, laptops briefly closed, as they reflect back on the journey of what they're building…read more
📖 Blockstack + Lambda School
Today, Blockstack PBC is announcing a partnership with Lambda School to accelerate students building software applications that ‘Can’t Be Evil’ by design. As part of the partnership, Lambda School will be working closely with Blockstack PBC to feature educational material and active learning sessions for students, which will prepare them to build apps using Blockstack’s open-source developer tools and network. These apps focus on security, privacy, and data ownership through the use of Blockstack’s decentralized domain name system, encrypted private cloud storage, and applied cryptography.…read more
📖 Everything You Need to Know About Canceled Transactions — and How They Break Dapp UX
On Ethereum, a Cancel transaction is an attempt to overwrite a currently pending transaction with a new transaction. The core of the idea is that, since miners are incentivized to prioritize transactions with more gas, the cancel transaction should be confirmed before the original transaction. Blocknative introduced a new API that can connect the dots for you and your Dapp. This lets you give your users real-time updates on the full spectrum of blockchain transactions, increasing engagement, improving retention, and driving growth…read more
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