StarkWare’s milestone opens the door for ZK-based layer-2 solutions, enhancing Bitcoin’s scalability and global payment capabilities.
Proof-of-Concept News
Sometimes, it is important to show feasibility of a project before it is fully realized. The process for this is called a Proof-of-Concept, meaning an attempt to illustrate the practical potential of a concept or a theory. A Proof-of-Concept prototype is mostly a small — but sufficient — executed part of the full project. In science, Proof-of-Concept studies are small-scale studies designed to find preliminary evidence of some idea to gain financing for widening the research process. The Proof-of-Concept practice has been widely adopted by the filmmaking industry, engineering and security companies, software development, drug development and other fields of work. Sometimes the term “Proof-of-Principle” is used as a Proof-of-Concept synonym. However, the usage of this term comes from drug development studies where different meanings are attributed to both terms and varies from author to author.
- News4766
- News
The central bank is budgeting nearly $255,000 to develop a central bank digital currency sample wallet that could execute basic features such as transactions and payment requests.
10377 - How to
NFTs can be fixed-priced or sold during an auction. However, creators should consistently sell to demonstrate a proof-of-concept to boost the NFT’s floor price.
20255 - Sponsored
A platform that enables the creation of verifiable credentials on the blockchain expects its new mobile wallet to play a bigger role than merely sending and storing utility tokens.
2416 - News
Sri Lanka’s recent economic uncertainty seems to be the driving force behind its interest in cryptocurrency and the government's new exploration into KYC technology.
10069 - News
After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond.
12708 - Opinion
Why do enterprise blockchain implementations fail, and what can enterprises do to increase their chances of success?
18112 - News
The Oil & Gas Blockchain Consortium successfully piloted a blockchain-based system for Authorization for Expenditure.
4388 - News
Deutsche Boerse and Swiss state-run telecom Swisscom have settled securities transactions using different blockchain protocols.
4257 - News
A branch of U.S. Customs and Border Protection will test blockchain-based shipping for licensed shipping partners.
4010 - News
A shipping container is reportedly the first to enter the Netherlands having been tracked from South Korean entirely by blockchain.
8269 - News
ZenGo reportedly shows that its keyless wallet solution can support Facebook’s announced virtual currency Libra via testnet demonstrations.
4158 - News
The Rhode Island government is seeking proposals from qualified firms on blockchain solutions that improve efficiency, transparency, accuracy and security in the state.
5636 - Interview
Talking with the director of ecosystem at Hyperledger on blockchain adoption, community stereotypes and the power of education.
3975 - News
The Australian Transaction Reports and Analysis Centre is trialing a blockchain prototype for the automation of international funds transfer instructions.
4138