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Amazon Enters Web3 Jungle With NFT Initiative Launching This Spring

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Four sources with an understanding of the situation claim that Amazon is starting a digital assets business and that an NFT project is anticipated for the spring. Insiders claim that Amazon’s campaign for digital collectibles has now been directed at major market players. It reportedly included layer-1 blockchains, blockchain-based game businesses, developers, and digital asset…

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DAY LONG NEWS ROUNDUP: LATEST NEWS 01/11/21

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We bring you the top headlines impacting the blockchain and crypto space on 01/11/21 so you can stay informed and updated on the latest information. Amazon Web Services Aim To Drive The Settlement And Custody Of Crypto To Cloud One of the most premium cloud providers in the world, Amazon Web Services, is looking for…

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Blockchain Adoption Advocated By ICC For Its 45 Million Members

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ICC, the world’s largest, partners with trade organization leading distributed ledger firm, Perlin to bring innovative technologies to the fore. It plans to make blockchain technology available to the 45 million businesses under its wing and this includes McDonald’s, PayPal, FedEx, Amazon, and Coca Cola.   Perlin is a decentralized cloud computing marketplace. It uses the…

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How Does Blockchain Storage Work?

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Cloud storage infrastructure is the backbone of the modern internet as it houses massive quantities of data, everything from confidential enterprise information to social media databases such as those used by Facebook and Youtube. As of 2018, the global cloud storage industry is estimated to be worth USD 35 billion and is expected to exceed…

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Blockchain to Break the Power of Web Giants

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The last 20 years have seen internet giants like Google, Amazon, and Facebook emerge as the world’s most valuable companies. Internet use has penetrated every part of the planet. In fact, all of the top 5 most valuable companies by market capitalization are internet companies: Apple, Amazon, Google, Microsoft, and Facebook. With market capitalizations in…

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How is Amazon using Blockchain to increase its efficiency?

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Blockchain has stirred a new wave of a technological revolution for most of the business. Starting off as the underlying technology for cryptocurrency exchange, blockchain has expanded its horizons and now finds application in the various business niche. From healthcare to shipping, Blockchain Technology or DLT as we popularly know has become the key driver…

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