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Polygon’s New $100M Fund Aims to Attract Next Million Defi Participants

As part of its ongoing efforts to make the decentralized finance ecosystem more accessible through infrastructure development, this layer2 scaling solution has introduced a $100 million fund designed to lower the barriers to entry for yield farming and lending. #Defiforall to Support Development Over Next 2-3 Years Decentralized finance (defi) has emerged as one of the most explosive blockchain developments over the past year as new products and services offer a new means for token holders to monetize their crypto holdings. The push has been so extreme that the total value locked (TVL) in defi protocols has crossed back above…

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Blockchain newsletter for March: Exploring blockchain and interoperability

Moderna and IBM plan to collaborate on smarter COVID-19 vaccine management. Initial focus is on IBM Blockchain capabilities in end-to-end vaccine traceability in the supply chain and the IBM Digital Health Pass. IBM Digital Health Pass is the technology behind New York State’s Excelsior Pass, successfully piloted at Barclays Center and Madison Square Garden. Would […] The post Blockchain newsletter for March: Exploring blockchain and interoperability appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Tokenomics From Myths to Reality

Now that the world is transforming towards a more technologically enhanced environment, newer terms are occupying markets. Every day there is something new coming up and surprising us. The tech market has given us a brand-new term to ponder upon, Tokenomics! So, what is it? Well, Tokenomics is widely defined as a system used for formatting pricing policy for tokens. Tokenomics is basically an amalgamation of two words: Token and Economics. The driving concept of Tokenomics is none other than Blockchain and cryptocurrency development services. Here, we will have a look into how Tokenomics is becoming prevalent for tokenized transactions…

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Digital assets, a new paradigm for financial services

I always know when interest in digital assets is heating up because everyone from my family, friends and colleagues, to the mailperson start asking me questions on how to get involved. You’re probably asking yourself; but why now? Bitcoin has been around since 2009. What’s so different this time? Well, the difference is regulators are […] The post Digital assets, a new paradigm for financial services appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Creating a more interoperable blockchain future

Calls for interoperability began almost as soon as the second blockchain framework was built. Today there are permissioned blockchains (like The Linux Foundation’s Hyperledger Fabric) which are preferred for many enterprises solutions, public blockchains for cryptocurrencies, and emerging blockchain identity frameworks that hold great promise for streamlining transactions in nearly every industry. In the world […] The post Creating a more interoperable blockchain future appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Blockchain: The Technology Making Fashion Industry Transparent

Sustainability and transparency largely remain as two significant topics in the realm of the global fashion industry. Brands and retailers are slowly beginning to pay improved attention to the social and environmental impact. This is done by adopting improved new ways of introducing more transparent norms which remains more of a challenge. Thanks to the emergence of new technologies such as blockchain in the fashion industry, retailers are able to improve the traceability of the supply chain and offer a more transparent and streaming policy. How does Blockchain Technology Make the Fashion Industry Transparent? Due to globalization and its impact,…

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Banking Industry Execute A Smart Blockchain Test

Blockchain, also referred to as the Distributed Ledger Technology, marks the history of digital assets unalterable and transparent with the use of cryptographic hashing and decentralization. Blockchain is a high-tech alteration for Bitcoin, and as it emerges as a piece of evidence for transactions globally, it thus is highly essential. Transactions get stored on a ledger across the network and can be verified by users among networks. Banks, along with other institutions, have traditionally served as the guardians of financial activity. It aims to safeguard accounts, extend credit while facilitating payments. By keeping the commercial wheel running and in place,…

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Made in Umbria: IBM Food Trust helps certify food authenticity

Seventy-nine percent of consumers believe it’s important for brands to provide guaranteed authenticity, according to a recent IBM and the National Retail Federation survey. Fifty-seven percent are willing to change their purchasing habits to help reduce environmental harm. Clearly, in a crowded market where brand differentiation is essential, food brands can benefit by informing consumers […] The post Made in Umbria: IBM Food Trust helps certify food authenticity appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Helping artists sleep at night: Digital rights management with blockchain

Like many of you, my family and I have used the stay-safe-at-home months to re-bond with our TV, and the vast array of mini-series, movies, and other options for viewing in the evenings and on the weekends. We have also had to navigate content disappearing or moving from one content provider to another. A little […] The post Helping artists sleep at night: Digital rights management with blockchain appeared first on Blockchain Pulse: IBM Blockchain Blog.

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3 Stages when creating a Decentralized Crypto App

The popularity of cryptocurrency is popular worldwide, with the multiplicity of a varied one being invented every single day. In accordance with Google, there are approximately 6000 of them, and if you intend to set the blockchain up, you must be aware of the ownership soon being handed over to the users.. With blockchain blowing our minds up, it has found its direct application in decentralized applications. The applications are here to match the service information with users in the absence of any middlemen. This can, however, be implemented in any industry. With the projects on the soar, we are witnessing…

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Need for forking in blockchain

The realm of finance is here for a major transformation and especially since the advent of cryptocurrencies. The term Blockchain Fork is a common one, being largely prevalent in the blockchain industry. Before we talk about the importance of blockchain forks, let us discuss a bit about forking in brief. Overview of forking: Forking although sounds like a complicated term, however, it is even referred to in the general context. It is useful to describe anything that is diverging or cutting off from a code of existing software. However, over time, it has come to mean something much broader. Fork in blockchain…

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Looking past the industrial future with AI, IoT and blockchain

The industrial future lies ahead with rapid transformation through high-end technologies like AI, IoT, and blockchain. But what makes these technologies so distinct is their outstanding ability to automate the entire infrastructure. It becomes easier and smarter for you to supervise the industrial processes in detail. Also, with the rapid increase in globalization, product complexities, […] The post Looking past the industrial future with AI, IoT and blockchain appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Understanding Upgradeable Smart Contracts from a Developer’s Perspective

Smart contracts are immutable and cannot be added, modified, or eradicated once deployed. This makes it all the more safe, secure, and reliable. Although blockchain-based software tends to earn a lucrative profit from immutability, a specific degree of mutability is required to fix bugs and offer potential improvements. Although it might look beneficial all the way, however, some cons deserve attention. How is Immutability a con? As we already know, the realm of software development largely depends on the ability to upgrade codes. This up-gradation is responsible for enhancing the software and reflects its working. With every new release, it improves…

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A sustainable future: How your next home project could help end illegal logging

As part of staying home these last many months, I’ve been working on different projects around the house. When I buy new materials for these projects from the home improvement stores in my community, I of course look for the best combination of quality and price, but like so many others today but I’m looking […] The post A sustainable future: How your next home project could help end illegal logging appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Disrupting the patent ecosystem with blockchain and AI

Intellectual property is becoming one of the most valuable asset classes on the planet, with the pace of innovation being the ultimate competitive advantage across global technology sectors. Patents are one of the least understood and least effectively deployed asset classes. Intangible assets — which according to US research firms now represent more than 84 […] The post Disrupting the patent ecosystem with blockchain and AI appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Why is Python good for Blockchain?

Blockchain is one such technology that has heavily impacted the entire tech industry. Initially, Blockchain was being used in cryptocurrencies; however, now, it is useful in various popular industries like healthcare, finance, etc. Before we move ahead, let’s understand some basics of Blockchain. Blockchain stands for a distributed database that enables a transaction between two parties without any requirement of an authoritative mediator. Despite Blockchain is written in C++, various developers & data scientists prefer using other leading languages to build a blockchain application. Blockchain is widely useful for architecture programming and for developing smart contracts or a decentralized app.…

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How Blockchain technology offers improvements to payments security

Blockchain is disrupting industries like Fintech, Agriculture, Supply Chain Management, Pharmaceuticals, and Real Estate Registry. It has found unique solutions to some of the most pressing concerns of modern time. With the advent of big data and analytics, blockchain also provides pioneering solutions in data management. The first and foremost application was found in the payments industry, with the introduction of cryptocurrencies, making them faster and more secure. In this article, we will look at how blockchain structure and Blockchain Payment Gateways can help make our payments secure. What is Blockchain? Blockchain can be described as a living ledger with a…

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Hyperledger Vs Ethereum — Which Blockchain Platform Will Benefit Your Business?

Hyperledger Vs Ethereum — Which Blockchain Platform Will Benefit Your Business? The two popular open-source Blockchain platforms, Hyperledger and Ethereum have created ripples of innovation in the blockchain world. They have not only found numerous blockchain applications but are also continuously encouraging blockchain developers around the world to engage in its collaborative development of framework and tools. Ethereum development company has tremendously changed the very face of the technology industry, and Hyperledger Blockchain Development, on the other hand, is warming up and doing a great job on the block. In this article, we will underline the differences between these two highly sought-after blockchain…

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Recognizing the winners of our Back to Work COVID contest

We at IBM have always believed that some of the most exciting innovations and advancements are happening outside of the major technology companies, a belief embodied in IBM initiatives like Call for Code. As economies and organizations around the world found themselves emerging from lockdowns and beginning to reopen, not only were we asking ourselves […] The post Recognizing the winners of our Back to Work COVID contest appeared first on Blockchain Pulse: IBM Blockchain Blog.

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The case for governance in founder-led blockchain networks

The hardest part of building blockchain networks is not configuring the technology; it is designing the rules of the road for how ecosystem partners will work together to achieve their goals. In one word, the hardest part is network governance. Governance design is the design of strategic and operational models aligned to member benefits that […] The post The case for governance in founder-led blockchain networks appeared first on Blockchain Pulse: IBM Blockchain Blog.

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