Harmony is getting a lot of traction because it addresses core blockchain concerns, is energy-efficient, has cross-chain capabilities, offers lower gas fees and has a huge potential for nonfungible tokens (NFTs). Maintain decentralization and security Harmony thinks its network can scale while maintaining decentralization and security because it uses sharding, which divides … [Read more...] about What is Harmony (ONE) blockchain and why it is getting so much traction?
Blockchain
Indian couple celebrates blockchain wedding with NFT vows, digital priest
A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain. The recently married couple from Pune, India, Shruti Nair and Anil Narasipuram decided to take their court marriage to the next level by hosting a blockchain wedding. According to Anil, the husband:“I read some articles on how people … [Read more...] about Indian couple celebrates blockchain wedding with NFT vows, digital priest
Blockchain startups grow as global VC funding generated $25.2B in 2021
Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020.The … [Read more...] about Blockchain startups grow as global VC funding generated $25.2B in 2021
North America to lead growth in blockchain market, new report says
A new report indicates that the blockchain industry is set for astronomical growth in the next decade, with the North American market leading the way. The report by Fortune Business Insights, titled “Blockchain Market Analysis Research Report, 2021-2028,” mentions that the global blockchain market size is expected to reach a whopping $104.19 billion by 2028, exhibiting at a … [Read more...] about North America to lead growth in blockchain market, new report says
Alphabet exploring blockchain technology for flagship services
Google has started researching blockchain and how it may benefit Web 3.0 technology.According to a Tuesday statement from Sundar Pichai, the CEO of Alphabet — Google's parent company — the company is exploring integrating blockchain technologies into its flagship products and services.When asked how the firm views Web3, Pichai said there are several "areas of interest" for … [Read more...] about Alphabet exploring blockchain technology for flagship services