Experiences

ING, Rolls Royce and Multi.io Join Blockchain Education Alliance

The Blockchain Education Alliance launched by blockchain accelerator MouseBelt has gained several noteworthy new members. Ashlie Meredith, the head of education for MouseBelt Blockchain Accelerator, told Cointelegraph on Aug. 17 that the new members include brewing company Anheuser-Busch InBev, Dutch bank ING, cryptocurrency exchange Multi.io, and luxury car company Rolls Royce. The addition of these firms makes 26 current members in the organization.According to MouseBelt, these companies have been utilizing blockchain technology for up to five years.  Blockchain Education Alliance was involved in a three-day conference which streamed nonstop in May when

Ethereum Price Falters Around $430 as ETH2 Testnet Experiences Outage

Ethereum’s price has begun to falter after surging higher late last week. The cryptocurrency trades at $430 as of this article’s writing, which is a few percent below and a few percent above the local highs and lows, respectively. ETH is flat in the past 24 hours, trading down by a negligible 0.15%. The stagnation in the value of the leading cryptocurrency comes as the Ethereum 2.0 (ETH2) testnet has experienced an outage. It is unclear if the price action and outage are correlated, but ETH2 is a fundamental driver.

The Importance of Developing the Decentralized Finance Space

The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are sorely lacking in the existing financial system. And it will enable institutions to move real-world assets onto the blockchain, generating untold cost-savings and improved efficiencies.But it doesn’t have to be a violent revolution. DeFi doesn’t necessarily need to overthrow the incumbent system. I believe that DeFi will complement traditional finance, force it to do better, and,

Unraveling the Blockchain and Crypto Gaming World One Click at a Time

Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion gamers worldwide will provide a huge leap toward mainstream adoption.Blockchain and distributed ledger technology continue to make inroads into all kinds of industries as an increasing number of people discover and gain an understanding of the benefits that it can bring. From supply chain efficiencies through certification of authenticity and provenance to the immutable

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Mobile DeFi and the Shift Toward Self-Sovereignty

Many speculate that mainstream adoption of cryptocurrency is dependent solely on improving ease of access and user experience. In reality, there’s an even bigger obstacle: a mentality shift. Self-sovereignty and personal autonomy are the endgame of this technology, and with that goal comes a significant increase in personal responsibility for one’s funds. This is totally at odds with people’s traditional financial experience so far; the legacy system takes away your autonomy and replaces it with convenience, offering useful tools related to fraud protection and password management. By comparison, cryptocurrencies, decentralized finance

NFT Floodgates Open With Impressive Lineup of Blockchain Games in 2020

Blockchain in the gaming industry is one of the space’s hot topics of 2019. This year is catching the interest of both young independent developers and large corporations. Conferences and hackathons are periodically held around the world for developers to search for new ideas for integrating blockchain into games.The main advantages of blockchain are its decentralization and open-source nature, which can significantly change the gaming market. The technology is taking trust between developers and players to a new level, and users can now own and freely exchange in-game assets without

New Tron Partnership Lets Gamers Earn Crypto for Streaming

Refereum, a blockchain-based platform that rewards users for video game engagement and streaming, has partnered with Tron. The collaboration allows Refereum to pay out its video game streaming users in Tron’s TRX coin, and BitTorrent’s BTT token, said an April 2 statement provided to Cointelegraph.  Partnerships, more partnerships, and purchasesTron bought software company, BitTorrent Inc, in 2018. BitTorrent also utilizes an associated crypto asset called BTT, which is built on Tron’s blockchain. Refereum teamed up with DLive, a blockchain streaming service, near the end of 2019, giving video game live streamers reward-collecting

Nigeria Launches Its First Bitcoin ATM

The largest country in Africa, Nigeria, is becoming savvier in the crypto sphere by the day. It recently launched its first Bitcoin ATM, which is also the fifteenth in the entire continent.Blockstale BTM installs ATMThe ATM was installed in the Dazey Lounge and Bar in the state of Lagos by Blockstale BTM. It plans to start 30 more terminals across the country. Daniel Adekunle, the founder and chief executive of the company said,“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in

The Sandbox Sells 3400 Ether Worth of Virtual Land in Five Hours

The Sandbox (TSB), a mobile creation game on Ethereum, announced on April 1 that its third presale of virtual land had generated 3,400 Ether ($450,000) in sales.The March 31 presale sold 12,384 pieces of LAND — virtual spaces in the game — in just five hours. That equates to approximately 10% of the total 166,464 pieces in the game, with most of it snapped up in the first thirty minutes. TSB has quickly become one of the most coveted blockchain games on the market, with more than 40 million downloads. The