Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain
WHO Joins With Blockchain Companies to Create a COVID-19 Info Central
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…
5 years ago
The Most Important Open-Source Blockchain Projects
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.…
5 years ago
Can Blockchain Tech Transform the Music Sector In The Year 2020
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. …
5 years ago
The Beginner’s guide to NEM
New Economy movement, or NEM, as it’s widely known, is a peer-to-peer blockchain platform for developers. Its native cryptocurrency is called XEM, and it has been split into two parts called the microXEM (the smallest unit) and milliXEM (the thousandth unit). One of this project's inspiring features is that while other major altcoins had Bitcoin codebase as their substrate, they built every part of the blockchain from scratch in Java and JavaScript. The NEM Foundation plans to build a financial…
5 years ago
Tim Draper to Support Crypto Startups in India Following Crypto Ban Lift
Tim Draper, the founder of Draper Venture Network and Draper University announced his intentions to invest in Indian crypto startups. The news follows the lifting of a ban on crypto trading in the country. A heavy critic of the ban by the Indian government, Draper is hopeful that the best ideas prevailing in the Indian crypto industry. The Indian Government is among several that are anti-crypto. He notes that the Supreme Court ruling signifies how best ideas ultimately prevail, having…
5 years ago
Blockchain Technology Streamlining Operations in Smart Cities
A smart city goes by many definitions, but its foundation lies in the established relationship and cooperation between its public and private sectors, essential for every aspect of development. Such include physical and digital infrastructure, data access and management, trade relations, utility services management, public relations, and emergency response and disaster mitigation procedures. The concept of smart cities started with the advent of the Internet of Things (IoT), which integrates different technologies by bringing resources together to create an inclusive,…
5 years ago
Launch of Public Health Blockchain a Shot in The Arm for COVID-19 Mitigation
In a measure aimed at boosting efforts to combat the Corona Pandemic, a Public Health Blockchain Consortium (PHBC) has recently announced the development of a new blockchain platform. TheVirusBlockchain.com will help to track COVID-19 free communities. Better Lives Globally The PHBC consortium brings together health authorities, universities, health care providers and innovators. They aim at collecting, safely storing, and analyzing anonymous health data on the blockchain. Their objective is the eradication of diseases and bettering lives globally. Besides tracking COVID-19…
5 years ago
Significance of APIs in Cryptocurrency Trading
In the past, financial trading took place over the phone, where you had to call your broker to execute a trade on your behalf if you wanted to buy stocks. However, during this post-internet age, the application of technology has moved the buying and selling of financial securities online. In addition, it has advanced the process in many ways, like creating and using APIs. The introduction of Bitcoin led to the birth of Crypto APIs. Since then, the APIs have…
5 years ago
Blockchain Technology: The New Counterfeit Police with Enhanced Traceability
One of the biggest problems facing the manufacturing and supply industry is counterfeiting. Counterfeit goods are a global problem with an estimated worth of half a trillion dollars a year, representing 2.5% of global imports. Years back, counterfeits were a small-time illegal business but have since grown immensely to impact companies behind original brands profoundly. The counterfeiting industry has, in fact, risen to be a complex business having devastating effects not only on numerous businesses across the globe but also…
5 years ago