Bank of America Considers Decentralized Finance as a Radical Change to Mainstream Capital Markets
According to the latest announcement, Bank of America considers decentralized finance (DeFi) potentially more disruptive than Bitcoin. Although Bitcoin is the most popular cryptocurrency, Bank of America believes that Ethereum Blockchain is more prominent and has more advanced features, such as flexibility in its hosting of DeFi, than the first-ever cryptocurrency, Bitcoin. DeFi refers to…
Soon Anchor Will Launch Bank-Beating DeFi Savings Account
According to the latest announcement, Anchor, a two-token, algorithmic stablecoin, appears to be finally launching bank-beating DeFi savings accounts. Stablecoin that is appearing to be certainly nearing a go-live date, was initially slated for the month of October launch, but the team failed and postponed that launch to November. According to the proposal announced in…
Decentralized Finance Lending Protocol’ Compound’ to Offer Cross-Chain Borrowing Via Gateway
According to the latest announcement, the well-known decentralized finance lending protocol ‘Compound’ will offer cross-chain borrowing through a protocol named Gateway. The report describes the new Gateway chain as a cross-chain interest rate market that allows users to borrow assets native to one chain with collateral from another chain. Initially, in December, Compound Finance originally…
JPMorgan’s Career Pages Brings Up Blockchain Job Positions
According to the latest announcement, JPMorgan’s career pages post several jobs for Blockchain enthusiasts. It was noted that it bought 56 open positions, with 34 including the tech in the job title. Last year, JPMorgan continued on a Blockchain rampage by bringing multiple jobs to the industry. At that time, Indeed.com reported JPMorgan Chase as…
Blockchain Transaction Tested on GOMX-4 Constellation
According to the latest announcement, JP Morgan, an American multinational investment bank headquartered in New York City, has tested a transaction of Blockchain in space. This Blockchain transaction testing is carried out by a Danish space firm named GomSpace’s satellites. It was reported by GomSpace that it is the world’s very first bank-led tokenized value…
Wolfram Blockchain Labs Provides New Oracle to Tezos
According to the recent announcement, Wolfram Blockchain Labs is adding assistance for Tezos, providing a two-way interface with the Blockchain. As per the announcement, Tezos gets a new oracle through Wolfram Blockchain Labs integration providing aid for Tezos blockchain data within the Wolfram Language. Wolfram Language is known to allow Blockchain developers to obtain analytical…
India’s Largest Crypto Exchange ‘Unocoin’ To Use Unstoppable Domains
According to the latest announcement, Unocoin, India’s largest cryptocurrency exchange, will use Blockchain-based Unstoppable Domains in order to create and host Blockchain-based URLs. Despite the nation’s impending Bitcoin ban, the partnership between Unocoin and Unstoppable Domains has been signed, and Silicon Valley investor Tim Draper funds the partnership. Unocoin is India’s leading Crypto company that…
Standard Bank Group of Africa Becomes the First African Node Operator on the Hedera Network
According to the latest announcement, Africa’s largest bank, Standard Bank Group, has collaborated with the decentralized public network Hedera Hashgraph. The report notes that the African bank will also become a Hedera node operator to utilize distributed ledger technology (DLT) to ease bottleneck issues in cross-border trading in Africa. Hedera’s official website describes itself as…
Graph Protocol has Integrated Polkadot, NEAR, Solana, Celo, and Plans to Expand Other Layer 1 Blockchains
According to the latest announcement, Graph protocol is considering integrating Polkadot, NEAR, Solana, and Celo. After a successful mainnet launch on Ethereum in December, it is now planning to integrate additional Layer-1 Blockchains, including Bitcoin. Also, it was reported that it recently integrated with some of the Decentralized Finance(DeFi) protocols such as Uniswap, AAVE, Decentraland,…
How Blockchain Impact Energy Sector
Wondering how Blockchain can impact the Energy sector? This article has got you covered. This article talks about the potential of Blockchain technology in the energy sector and will focus on Blockchain-enabled smart meters, which are gaining a lot of attention worldwide. Table of Contents Overview Potential of Blockchain in the Energy Industry Top Energy…
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