Search Results for: Drive

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

When compared to the previous quarter, the total value locked (TVL) in decentralised finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has witnessed tremendous growth from the previous quarter. It is possible to ascribe, at least in part, this spike to Ethereum’s liquid restaking activities, which have been the driving … Continue reading Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles

Blockchain technology is indeed making giant strides in its integration process in today’s digital world. Blockchain technology has currently been utilized by tech-based companies like Samsung, Facebook, IBM, and others, these companies use different blockchain platforms but all to further solidify the position of blockchain technology in the tech world. Ford Motors, the auto giant, … Continue reading Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Power Ledger, a Perth-based energy trading software company, and Powerclub, an Australian electricity wholesaler, have signed a deal to offer households unparalleled authority over their energy usage via blockchain.  Power ledger is famed for its blockchain-enabled peer-to-peer framework that prompts energy trading between households. The commercial partnership, therefore, seeks to enable Powerclub users to pool … Continue reading Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

At least 30,000 coffee farmers have signed up for a blockchain-driven electronic-market platform since it was launchedby the Coffee Board of India (CBoI) in March.  Realistically, during its inception, this platform only attracted 23 farmers, and only 100 tonnes out of the country’s 320,000 tonnes of coffee generated in the 2018-19 period were sold through … Continue reading The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

Iranian President Advocates for Cryptocurrency-Driven Muslim Nations

During the first round-table discussion at the Kuala Lumpur (KL) Summit 2019, Hassan Rouhani, Iran’s President, proposed that cryptocurrency ought to be integrated into Muslim nations as this would smoothen trade.  He made the suggestion on Dec 19 as various nations converged at Kuala Lumpur, Malaysia, to delve into solutions and proposals that are workable … Continue reading Iranian President Advocates for Cryptocurrency-Driven Muslim Nations

Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward

Tribe Accelerator is Singapore’s first government-backed blockchain accelerator, on a mission to bridge the gap between blockchain startups and the traditional world. Yi Ming Ng, the Managing Director at Tribe Accelerator, believes that blockchain is beneficial to a lot of businesses from different industries. However, there has been a lot of fear and speculation around … Continue reading Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward

Is the Price of Bitcoin Satoshi Vision (BSV) Driven by Fake News?

The Bitcoin Satoshi Vision (BSV) price chart is peculiar to analyze. Given the state of cryptocurrency investment, it is safe to say that a large influencer of crypto value is derived from speculation, and BSV is plagued by speculation as its chain leader, Craig Wright, continues to claim that he is Satoshi Nakomoto—the anonymous original … Continue reading Is the Price of Bitcoin Satoshi Vision (BSV) Driven by Fake News?

Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry. Sharp Declines in Cash As reported by local publication Chosun on May 19, the bank recognized the progress in state-backed digital currencies, popularly called CBDCs, and … Continue reading Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

Blockchain Interoperability—What are the Key Drivers?

Blockchain Interoperability, the ability for independently developed blockchains to connect to other blockchains and work together within the same ecosystem, is an increasingly desirable function amongst developers . But is it necessary to have interoperable blockchains? What problems do they solve and what are the various challenges involved in interconnecting blockchains? Blockchain today is often … Continue reading Blockchain Interoperability—What are the Key Drivers?

Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates, asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free. Ray Dalio believes that the Federal Reserve no longer operates within the traditional economic system and is now the market … Continue reading Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

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