LAGOS ... "eNaira will be for transactionary purposes." ... The new eNaira will be issued by the CBN as legal tender like the current naira currency and will operate on the Hyperledger Fabric Blockchain ... Nigeria climbed two steps this year to rank sixth globally in crypto adoption, according to blockchain data platform Chainalysis ... .
Achieving interoperability between different blockchains is a problem a number of projects are attempting to solve – doing so in a truly decentralised fashion is even harder, but Portal thinks it’s cracked it ... “Fabric lets you spin up your own secure layer two peer-2-peer network using Bitcoin blockchain as the trust anchor.”.
Industry alliances or consortia have become popular as implementation of blockchain solutions requires a group of parties to agree to use the network. Blockchain projects need to demonstrate their effectiveness in addressing the needs of multiple stakeholders to ensure everyone is motivated to use the solution ... Blockchain talent.
The Reserve Bank of India has selected Open Financial Technologies Pvt Ltd to build a blockchain-based cross-border payment system ... For the cross-border payment system under the RBI’s regulatory sandbox, the start-up would use Hyperledger Fabric, which is a Linux-based open-source blockchain.
This year’s challenge consists of three new categories ...Category 1 ... Category 2 ... Within the BigData Analytics framework, this contest exclusively focuses on accelerating blockchain applications including Proof of Work (PoW) algorithms that require high memory bandwidth and transaction validation for permission blockchains such as Hyperledger Fabric.
US IT giant Microsoft has now received a patent for a service related to blockchain technology that facilitates a cross-chain token administration system ... Some of the notable platforms mentioned in the patent were Ethereum, Hyperledger Fabric, JPMorgan’s enterprise blockchain platform Quorum, R3 Corda, and ChainCore.
Through its investment, FOX will aim to accelerate the adoption and growth of blockchain and NFT in the media and entertainment industry ...Launched in 2019, Eluvio has been developing a Content Fabric open protocol blockchain network that specializes in owner-controlled storage, distribution, and monetization of digital content at scale.
Launched in 2019, Eluvio is led by Emmy Award-winning technologists, Michelle Munson and Serban Simu, and the company's Eluvio Content Fabric is an advanced, open protocol blockchain network purpose-built for owner-controlled storage, distribution, and monetization of digital content at scale.
The document revealed that the software giant engaged in a blockchain-based reward system to fortify its anti-piracy campaigns ... This implies that Microsoft will depend on the transparency of blockchain technology for its new system. Argus is a protocol built on the Ethereum blockchain that proposes to give a trustless incentive mechanism.
Launched just ten years ago, blockchain has quickly become one of the most sought-after technologies ... According to Statista, spending on blockchain solutions will reach $19 billion by 2024 ... Career Opportunities in Blockchain ... Learn IBM’s Hyperledger Fabric and Ethereum as these are the two most used blockchain technologies in the world.
When NFTs emerged as one of the key blockchain trends in 2020, metaverse creators quickly realized their explosive potential for the virtual space ... In a way, they are detached from the fabric of a game or a metaverse and can be traded freely, through any blockchain marketplace or even in the P2P mode, directly between users.
A report released in May by blockchain infrastructure platform Bison Trails found that around 80 percent of central banks were exploring using digital currencies, with ... London-based Fabric Ventures has closed a $130 million fund to invest in early stage blockchain companies.