Decentralized autonomous organizations, or DAOs, can be seen as a kind of dapp. They aim to use an intricate arrangement of smart contracts to achieve the functions of a traditional organization without the need for corporate executives and hierarchies. They determine policy entirely through a weighted voting system where members who lock away more tokens possess greater voting … [Read more...] about What Is a Dapp? Decentralized Apps Explained
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GameFi apps revived interest in blockchain gaming: Huobi Research
Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of decentralized finance (DeFi) and blockchain gaming that incentivizes users based on a play-to-earn model. According to Huobi Research, on-chain data suggests that GameFi initiatives have seen a steep … [Read more...] about GameFi apps revived interest in blockchain gaming: Huobi Research
Ontology and bloXmove to bring decentralized identity to urban transport apps
Ontology, a developer of self-sovereign identification systems on the blockchain, announced a partnership with decentralized mobility platform bloXmove on Tuesday morning in a bid to accelerate the development of its decentralized credentials. The decentralized digital identity protocol, or DID, will enable blockchain participants to share their personal information, such as a … [Read more...] about Ontology and bloXmove to bring decentralized identity to urban transport apps
PBoC governor says digital yuan to be more privacy-enhanced than payment apps
During a virtual video session at the Bank of Finland Institute for Emerging Economies' 30th Anniversary Conference, People's Bank of China governor Gang Yi discussed recent developments regarding the country's central bank digital currency, or CBDC, known as the digital yuan (e-CNY). Gang specifically addressed the issue of privacy surrounding the Digital Yuan in the following … [Read more...] about PBoC governor says digital yuan to be more privacy-enhanced than payment apps
Coinbase’s crypto rewards are coming to users via Apple, Google payment apps
Major U.S. cryptocurrency exchange Coinbase announced today that users of its crypto debit card, also known as Coinbase Card, can now make payments with it via Apple Pay and Google Pay apps on their phones.“You can now use your Coinbase Card with Apple Pay and Google Pay to make it even easier to spend crypto at home and on the go,” said the exchange’s blog, adding that U.S. … [Read more...] about Coinbase’s crypto rewards are coming to users via Apple, Google payment apps