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…
IoT
Blockchain and the Internet of Things (IoT): A Perfect Match?
As a crypto trader, I've often found myself puzzled trying to understand how blockchain and IoT fit together. It's been challenging for me, and I've spent countless hours researching to comprehend it. Here's my explanation - blockchain is actually transformative for enhancing IoT securityand streamlining processes through smart contracts. It's fascinating how blockchain enables IoT devices to communicate securely with each other, creating a reliable digital ecosystem. Once you understand it, it's truly impressive technology that could reshape how we…
9 months ago
Piggycell, a IoT based RWA project, secures investment from a public mainnet, Internet Computer
singapore, singapore, July 4th, 2024, Chainwire Piggycel, a IoT-based blockchain RWA project, has secured investment from the global mainnet Internet Computer (ICP) and joined the ICP Olympus accelerator program. Piggycell is a blockchain RWA platform that users can expereince IoT based Charge To Earn (C2E) while charing their bateries. It is a decentralized platform linked to the No. 1 power bank sharing service in Korea, Piggycell, which has over 3 million users. The ICP Olympus program, announced in April 2024,…
11 months ago
What will blockchain look like in 2022?
If you often read our articles, you will surely know that blockchain technology is one of the hottest trends on the market right now. The union of its decentralized nature with a clever data encryption mechanism makes it so that Web3 may be close to replacing Web2. Although the enormous potential of this new tool is clear to many, understanding its exact future applications is complex. When the internet came out, no one imagined that we would be able to…
3 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