Goldman Sachs expects a “significant uptick” in trading volumes of blockchain-based assets within the next one or two years, the bank’s global head of digital assets told Reuters. The Wall Street heavyweight has also seen increasing client interest in crypto derivatives trading, Mathew McDermott said, as markets expect the US securities regulator to soon approve […]
Blockchain technology will be used to verify the real-name identities of China’s 1.4 billion people, according to an announcement from the Blockchain-based Service Network (BSN), China’s national-level blockchain initiative – a move likely to spark concern among data-privacy advocates, reports Coindesk. China’s Ministry of Public Security spearheaded the initiative, called RealDID, with help from BSN. […]
Blockchain is a disruptive technology platform, transforming the way many industries will carry out trusted transactions into the future. Being able to identify the right blockchain solutions to support your business is critical. The Fundamentals of Blockchain Technology module (10 ECTS credits), delivered by Technology Ireland ICT Skillnet and Atlantic Technological University, is designed for managers […]
Forbes has announced that the latest iteration of its revered “Under 30” series will be etched onto the Ethereum blockchain for the first time, reports Cryptonews. The narratives of the exceptional individuals featured in the list will be permanently recorded on the blockchain, marking a significant foray into the intersection of traditional media and web3. […]
What is sharding for blockchains?
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The Block’s editor in chief, Tim Copeland has written a good explainer on the technique of sharding in blockchains, explain that it is used to enhance the scalability of blockchain networks in multiple ways. The premise of sharding, explains Copeland, is to split up information across multiple shards, potentially increasing storage capacity. This can be […]
In their quest for scalability and cost-effectiveness, many layer-2 networks adopt a centralised approach to on-chain transaction processing, introducing a single point of failure vulnerability. The Metis blockchain, however, has pioneered a distributed sequencer pool to improve security and decentralisation, reports Cointelegraph. The Ethereum blockchain introduced smart contracts to automate certain events on the network, […]
Date and Time: Wed, 29 Nov 18:30-20:30 Location: Dogpatch Labs, Custom House Quay Dublin 1 During this after-work event, we will explore how blockchain can revolutionize the way we address climate change and create sustainable financial solutions. Our guest speakers will share their passion and approaches to harnessing blockchain technology for sustainability and climate-finance. Connect […]
Join BlockW, in partnership with KPMG, on 29 November to discuss Immersive Technologies and how Ireland can be a front runner in this field. Date and time: Wednesday, November 29 · 8 – 9:30am GMT Location: 2 Harbourmaster Pl, KPMG Platform X 2 Harbourmaster Place D01 X5P3 IFSC, Dublin Attendees can register for in person […]
The blockchain technology market size is set to grow by $11,047.61 million between 2022 and 2027, with a CAGR of 32.72%, according to Technavio’s latest market research estimate, reports Yahoo Finance. The rising venture capital investments in blockchain technology are driving the blockchain technology market growth. One of the key elements for the development and […]
Spain has unveiled plans to reduce the transition period before the application of the Markets in Crypto Assets (MiCA) regulation, reports Coindesk. A recent publication from the government shows a meeting with the first vice president Nadia Calvino and Verena Ross, the President of the European Securities and Market Authority (ESMA) to bring the country’s […]
What is tokenization?
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Tokenization is the process of issuing a digital representation of an asset on a blockchain, writes analyst McKinsey in a deep dive on this facility that is growing in importance and incidence. We’re progressing toward the next era of the internet in fits and starts. Web3 is said to offer the potential of a new, […]
The Open Network Foundation (TON Foundation) has announced a strategic alliance with Mantle Network, a leading Ethereum Virtual Machine (EVM) Layer 2 solutions provider. This agreement positions Mantle Network as a principal ally to TON Foundation towards more interoperable EVM-compatible Layer 2 blockchain capabilities on TON, reports Blockleader.io. A wrapped version of $MNT, $jMNT, is […]