The ERC-20 Ethereum token standard is a blueprint for creating fungible tokens that are compatible with the broader Ethereum network. Ethereum, or ether, is a cryptocurrency that allows for the creation of a variety of applications, including tokens, that don’t require intermediary services to operate, unlike most traditional applications. Source link … [Read more...] about What is the ERC-20 Ethereum Token Standard?
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CoinDesk Indices Announces New Digital Asset Classification Standard (DACS)
While some early efforts exist to classify digital assets by their use cases, the complexity has rapidly grown, so a hierarchical structure is needed to help investors navigate digital assets at different granularity levels. DACS provides a non-ambiguous structure throughout its hierarchy – meaning each digital asset is only assigned to one industry, which is included in only … [Read more...] about CoinDesk Indices Announces New Digital Asset Classification Standard (DACS)
India’s Modi Calls for Global Crypto Standard
Indian Prime Minister Narendra Modi called for the creation of a global standard for technologies, such as social media and crypto.At the Summit for Democracy, Modi said that emerging technologies, such as crypto, should be used to empower democracies not undermine them.The prime minister’s remarks came as the government is preparing to introduce a crypto bill in the winter … [Read more...] about India’s Modi Calls for Global Crypto Standard
South China Morning Post Releases White Paper for NFT Standard Built on Flow Blockchain
The South China Morning Post (SCMP) has released a white paper detailing its new non-fungible token (NFT) metadata standard called Artifact. The standard will be used to mint historical NFTs, including the SCMP’s own inaugural NFT collection.The SCMP said that Artifact’s metadata structure will be built on the Flow blockchain that was originally created by Dapper Labs, the … [Read more...] about South China Morning Post Releases White Paper for NFT Standard Built on Flow Blockchain
Belgian cold-wallet NGRAVE sets a new security standard for crypto storage
Right after the 2018 crypto market plunge, there was great doubt whether crypto was even a valid concept. Three Belgians set out to tackle what they believed to be the greatest hurdle for crypto adoption: security. Today, after years of research and development as well as raising $450,000 in the most successful crypto wallet pre-order campaign, NGRAVE reaches a new milestone: … [Read more...] about Belgian cold-wallet NGRAVE sets a new security standard for crypto storage