Opinion

Content creators on Alethea AI are the new beneficiaries of smart contracts after adopting a revenue model that will promote their synthetic meme creation works.  Users can now stake in stablecoin DAI and earn interest from the new protocol, Compound Finance, and then use the income to create more memes.  Users staking their DAI tokens in support of meme creation will earn ALE tokens and gain a right to vote on newly created memes or directly commission the development of…

KT Corporation, the giant South Korean telephone company, has launched a platform for contracts dubbed KT Paperless. The blockchain technology-based KT Paperless will be a document integration platform that will allow its users to formulate and distribute contracts. It will serve as their storage point from where they can see activities such as opening, signing, or alterations on the contracts, using the timestamp technology. Users can also confirm whether they sent documents, confirm the receipt and viewing times, and notices…

Students doing Masters in Blockchain networks at the University of Malta are currently using the University's dApp to vote for student reps. According to their recent reports, this is the first instance that students use blockchain for voting. This dApp solution is centered on a blockchain digital identity platform, a product of Vodafone. It has super-advanced privacy features as a voting platform, and the students can fully take control of all their data without fearing an outsider's eye.  This blockchain-centered…

Binance, one of the most popular crypto exchange networks, recently announced a possible delisting of all FXT leverage tokens, including their pairs. The FXT leverage tokens are just a recent addition in Binance, but now Binance, citing complexity, decided to remove the token.  The delisting of the FXT leverage tokens will start precisely on 31st March at 10:00 a.m. All users got the freedom to trade out their tokens 2 hours before this announcement. The platform will refund all holders…

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 $173 billion. Bitcoin gains 10% in dollar value and trades safely above the $6,500 mark. Ethereum traded steadily between $135 and $140 XRP rises to $0.19 but drops by 3% on the weekend The Trump Administration announces a $2 trillion economic stimulus. The equity market also increases by 10% Covid-19 has now spread to…

The World Health Organization (WHO) has partnered with several gargantuan institutions to set up a COVID-19 information network. The blockchain-based solution is an open-source data hub for verifying data accuracy related to the COVID-19 pandemic. The solution, named "MiPasa", is expected to expand as a range of data analytics tools are introduced to its network. Additionally, the tools will be subsequent to data testing and other information, to enhance accurate detection of COVID-19 infection red zones. MiPasa is an invention…

KB Kookmin, South Korean biggest bank sets to launch crypto custody service for cryptocurrencies including BTC and ETH. Local news reported that KB Kookmin filed a trademark application for KB Digital Asset Custody (KBDAC) with the Korean Intellectual Property Office. According to the Korean Intellectual Property Office, the bank applied for KBDAC as a trademark that relates to investment, advisory, and trading of cryptocurrencies. The office says that trademark registration takes a minimum of six months and a maximum of…

An industry, sector, or model is only as good as the infrastructure it is built on. The infrastructure acts as a backbone, a framework, guiding the industry and its participants through. As we have come to know them, most industries are built on a centralized, hierarchy-based infrastructure. They follow a top-down approach, wherein a few participants at the top are responsible for most of the lower-level management's workings. But then came the Internet and changed the face of it all.…

Emerging trends and content offerings have, over the last decade, continued to drive growth and distribution in the music industry. Modernization in the music business and distribution methods have allowed numerous unsigned artists to produce recordings and distribute their music and art across the globe, mainly via the internet.  The changes being witnessed in music streaming and new licensing structures have highlighted the need for developments to restructure licensing processes and how musicians can collect royalties and track their work. …