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Deal Box Launches $125 Million Venture Fund to Invest in Web3

According to a news release on January 18, the American capital markets consulting or token issuing company Deal Box has established a new $125 million venture capital arm supporting Blockchain as well as Web3 businesses. Deal Box Ventures has been the name of the fund, and this will invest in businesses with an emphasis on…

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Turkey to deploy Blockchain-based digital identification for online public services

The Turkish government is embracing the power of Blockchain technology to ensure the security of its online public services. In a groundbreaking move, the E-Devlet portal will soon require users to authenticate their identities using a blockchain-based digital identity system. This will guarantee that only verified users can access the portal’s valuable services, allowing citizens…

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Blockchain Council Partners With World Blockchain Summit, Dubai

Blockchain Council partners with World Blockchain Summit, Dubai, 17-19 October 2022, Atlantis, The Palm, Dubai. Our team will be present at the premier event, and you can schedule your appointment with our team members, Rohan Kulshreshtha, AVP Events & Partnerships, and Nitish Srivastava, AVP Sales & Strategic Alliances. Click here to book your appointment now….

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Circle CEO says blockchain sector is shifting from dial-up to broadband phase

Allaire considers identity and confidentiality the two main pillars of a future Web3. Jeremy Allaire, CEO of stablecoin issuer Circle, stated that the world is finally transitioning from the hypothetical value stage of cryptocurrency to the operational phase at the Converge22 conference in San Francisco. He said, drawing comparisons to the early days of the…

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Disney Planning to Hire a Corporate Attorney for Emerging Technologies like NFTs & Metaverse

The Walt Disney Company, a pioneer in entertainment, is now hiring an experienced corporate attorney who can work on emerging technologies such as NFTs, metaverse, etc. On Friday, Disney posted on its careers website a job listing as ‘Wanted Principal Counsel – Corporate Transactions, Emerging Technologies, and NFTs.’ The lawyer should know how to work…

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How to Create & Run a DAO? A Comprehensive Guide!

When we talk about organizational structures, we usually think about the centralized cluster where instructions flow in a hierarchical chain. This system surely ensures a sense of discipline within the organization. Though, it knocks out the freedom of expression, especially at the lower levels. So, when DAOs came into the picture, business magnates started exploring…

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Ex-Meta Executives raise $300M to accelerate the adoption rate of Sui Blockchain

Mysten Labs has raised a staggering amount of $300M. This is the company that is behind the layer-1 blockchain Sui, which is yet to launch. The company stated that the funds would help to build the core infrastructure and eventually accelerate the adoption of its blockchain ecosystem.  Mysten Labs was founded by former executives who…

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How Blockchain can aid in the development of a privacy secure world

Privacy is an important part of the world for companies as more people spend most of their time on the internet. In fact, many large companies like Meta Platforms, Alphabet, Snap, and Twitter make most of their money from the data people provide. As a result, many governments have come up with regulations for promoting…

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6.4/10 US Parents versed in Blockchain wants Schools to Include Blockchain in Their Curriculum

In order for pupils to know about the direction of our economy, cryptocurrency should be introduced in schools, according to more than two-thirds of U.S. parents and college grads with knowledge of or engagement in the industry. According to a recently published survey by the online learning platform Study.com, 64% of parents and 67% of…

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Blockchain: Byzantine Fault Tolerant

What is Byzantine Generals’ Problem? A Byzantine fault or Byzantine General’s Problem is a condition typically seen in a (specifically distributed ) computer system, where one or more components fail and exhibit inconsistent behavior by sending conflicting information to the different parts of the system. A Byzantine generals’ problem also abstractly describes coping mechanisms for…