Opinion

VeChain has announced a partnership with DNV GL and Renji Hospital to launch the world’s first intelligent Tumor Treatment Center. A Comprehensive Medical Blockchain Solution The Intelligent Tumor Treatment Center (ITTC) is a blockchain solution that combines DNV GL’s professional services with VeChain ToolChain technology. The blockchain solution will cover the entirety of the tumor treatment procedure in Renji Hospital. ITTC will bring transparent, efficient, and traceable medical management capabilities backed by VeChain ToolChain. Patients will be able to have…

Blockchain platform Ontology has announced that it is building a solution on Polkadot blockchain. As per a press release, Ontology explained that it has partnered with Parity technologies to integrate its Decentralized Identity (DeID) solution on the Polkadot network. The Decentralized ID solution will help Ontology have better access to cross-chain compatibility on the Polkadot blockchain. The Parity Asia team will undertake the development of DeID as part of the partnership. Eric Wang, an executive at Parity technologies, believes that…

PoolTogether, the well-known zero loss lottery protocol, has announced the V3 version of its protocol. According to a blog draft shared with Decrypt, the protocol will start to accept more assets, allow developers to build on top of it, and become fully decentralized with the V3 version. The protocol will also see a transition from its team to Chainlink VRF (Verifiable Randomness Function) for randomly choosing the winner. What is PoolTogether? PoolTogether is a protocol that promises a zero-loss lottery…

Proton Labs, the developer of Filecoin Network, has announced a partnership with ConsenSys. With this collaboration, Filecoin will be integrated with every aspect of Ethereum. The partnership has also set a path for a web app and API for Filecoin's decentralized storage marketplace on ConsenSys's Codefi Activate. Activate by Codefi Networks is a platform to facilitate the launch of decentralized networks. While also providing user participation through a web app and APIs. The long history of partnership - Conensys &…

PayPal is set to allow users to make transactions using cryptocurrencies, according to multiple reports today. According to a press release on Reuters, users will be able to use cryptocurrencies starting in early 2021. PayPal believes that the new service would encourage the global use of virtual currencies. Also, it hopes to prepare its payment network for the new CBDCs that will be issued by central banks globally. US account holders will be the first to experience this new service…

For one thing, the cryptocurrency industry is filled with fraudsters looking to take advantage of crypto users' ignorance and mistakes. To stay at the top of their game, these bad actors are always looking for new ways to exploit unsuspecting victims.  More recently, a tweet revealed that scammers are transferring little amounts of free cryptocurrencies to their targets but with evil intent as always.  According to Crypto India, a cryptocurrency channel that focuses on the Indian crypto ecosystem, fraudsters have…

Algorand foundation has launched the Algorand Asia Accelerator program for blockchain startups. The program is for startups that want to develop finance 3.0 platforms and products. The blockchain foundation revealed in a blog post that 10 startups would take part in the pilot phase. The 12-week accelerator program runs from October 19 until January 2021. A unique initiative to support blockchain startups The Asia Accelerator scheme is an initiative that offers blockchain startups $15,000 in seed funding. Algorand also supports selected…

Former Goldman Sachs chief Raoul Pal says CBDCs are at the forefront of new banking policies. Pal, in a series of tweets, referenced several sources to buttress his point. Biggest financial overhaul in history? Pal believes that the introduction of CBDCs will be the biggest financial move since Bretton Woods. He also revealed that the International Monetary Fund (IMF) would hold a conference on October 19. The potentials of digital currencies and cross border payments will be the major topics…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $358 billion. Bitcoin registers a 0.6% increase to cement its value above $11,000 Ethereum waves off minor fluctuations to continue trading above $370 XRP is down by 6% as it drops beneath the $0.25 level Grayscale Investments attained reporting status for its Ethereum (ETH) trust from SEC. OKEx suspended withdrawals after its founder was…