PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider.
Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
While research in shared ledger technology goes back decades, the arrival of the Bitcoin blockchain introduced the first distributed ledger technology that was thoroughly decentralized and resistant to censorship, seizure and collusion.
Blockchain technology, in its various manifestations including the Ethereum blockchain and others, is ultimately a global consensus system — i.e., it allows people to coordinate and cooperate around a neutral source of information without trusting each other or a central administrator. The use cases are wide-ranging, from finance and energy trading to supply chain management.
At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
The first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification.1418
After moving to nominated proof-of-stake, an RWA-focused blockchain platform has reached a notable milestone in its journey.1923
In a recent Pantera survey, less than 2% of respondents said they worked full time in an office setting, with the rest working at least partially remotely.1537
Spurred on by user requests, Bitcoin lending firm Ledn is rolling out an Ethereum yield product.2679
Spurs became the first Premier League team in two years to issue its own fan token on the Chiliz blockchain.1858
The recent regulatory approval for Coinbase’s international subsidiary comes within a month of getting the NFA nod to offer crypto derivatives services to institutional clients in eligible U.S. states.2265
Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.7381
Ibiza’s vibrant nightlife is preparing for a new era of clubbing driven by the transformative power of blockchain technology.11491
The foundation plans to issue $15 million per year in community grants to fund DeFi projects.2631
The coalition includes Google’s sibling company SandboxAQ and the University of Waterloo.3979
Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong.1284
The latest Cointelegraph Report assesses the value AI is bringing to the crypto industry by separating the hype from real use cases.1089
BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC users’ privacy and maintain monetary freedom.3140
The International Cricket Council will leverage NEAR’s Blockchain Operating System to power a Web3 fan engagement app during the 2023 Cricket World Cup in India.7624