Poland’s Bank to Launch Blockchain Platform for Document Management 1537

Poland’s largest bank will launch a blockchain solution for its customer documents via a partnership with UK-based Coinform “in the coming days,” the parties confirmed in a press release Thursday, September 20.

Part of a drive to enhance security of customer data, PKO Bank Polski will use Coinform’s Trudatum to provide blockchain-issued paperwork to its some five million account holders. “Blockchain offers huge potential to increase competitiveness of the Polish banking sector,” am Marciniak, vice president of the bank’s management board commented.

“This is a relatively new technology for which further applications are constantly being found worldwide.”

The plans had originally surfaced in March, with the first issuance set to involve documents relating to the European Union’s PSD2 privacy directive which came into force this year.
The move stands out in the Polish banking industry, which is only beginning to implement blockchain at a time when cryptocurrency businesses in the country continue to complain about hostile treatment from institutions.

“It shows that the Polish financial industry is still open to innovation and sets international trends,” Coinfirm CEO and cofounder Pawel Kuskowski continued.

In May PKO began recruiting startups for its fintech initiative dubbed “Let’s Fintech With PKO Bank Polski!” with the blockchain partnership arising from that initiative.

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DegenDAO, one of the largest communities on Solana, launches on Only1 2811

Community is the heart of any nonfungible token (NFT) project. While most communities are built around an NFT collection, DegenDAO has been a high-functioning decentralized autonomous organization (DAO) since 2021, long before announcing its first NFT collection. With over 5 million messages sent in the past year alone in its Discord server (averaging 14,000 messages per day), the community has been continuing to grow since the DAO’s inception.

DegenDAO aims to launch a 5,555-NFT collection that will grant holders exclusive access to alpha calls and multisig treasury management, while 66% of the mint proceeds and 75% of the royalties will go to the DAO for the community to decide how it will be operated. If a project with a solid community is what you are after, look no further. DegenDAO is launching on Only1 on Jan. 27, 2023.

Only1 is the first social platform, backed by Animoca Brands, to enable creators to monetize on Web3 by issuing passes or a subscription model to gate content. Only1 also features a one-of-a-kind NFT launchpad that is 100% bot-free and fair.

The next big launch: DegenDAO

Launch details:

  • Launch date – Jan. 27, 2023, 12:00 UST
  • Supply – 5,555 DegenDAO NFTs
  • Launch method – Raffle ticket for allocation
  • Price per raffle ticket – $25 (whitelist), $40 (standard); prices will be in Solana 
  • NFT per winning ticket – 1 (losing tickets receive a full refund)
  • Max. ticket per wallet – 10

Note: More details to be announced — stay tuned on Only1’s or DegenDAO’s Twitter pages.

About DegenDAO

DegenDAO is a premier decentralized autonomous organization on Solana. DegenDAO is community-led by its semi-doxxed owner, Tominator, for which the purpose is to reward community members by providing in-the-moment and long-term investment advice on NFTs and crypto, a solid network of possible connections and friends, and developing other advantages to make being part of the community enjoyable, exciting and enticing.

Having been around since early December 2021 with ever-increasing trust from the community and a nearly nonprofit passionate founding team, trust is central to DegenDAO. There have been plentiful donations from the community to the DAO treasury, which pays callers and developers, including large lump sums from the owner himself — a clear testimony of the community’s strength. The goal of the project is simple yet potent. It is to create a fully and totally decentralized and democratic DAO, with a voting platform and a multisig treasury wallet controlling 66% of the mint proceeds and 75% of the royalties under the control of a council of seven members.

What happens with the treasury? What will the project attempt? What will the project become? That’s up to the democratic processes of the community. Meanwhile, every member of DegenDAO, every holder of its NFTs, can continue to benefit from the plentiful rewards they already receive as being a part of their incredible community.

About Only1

Only1 is a Web3 social platform where creators earn, backed by Animoca Brands. Launching digital collectibles to gate access is a new and growing use case, but it is expensive, takes weeks and is difficult. Only1 enables any creator to launch passes (semi-fungible tokens) to gate content in 30 seconds for $0 and requires near-zero crypto experience.

The Awesome Power of Homomorphic Encryption Realized – DERO Project Leverages Cypherpunk-Designed Tech for Unrivaled Privacy in Transactions 2775

The DERO Project recently highlighted the importance of privacy for blockchain security by showcasing the innovative power of its DERO homomorphic encryption (DEROHE). Despite hundreds of millions of dollars spent in research and development by other companies who are desperate to develop this tech, DERO has already delivered – using a fully developed homomorphic encrypted blockchain for almost a year now. The DERO Project represents the ongoing evolution of a thriving ecosystem that protects a user’s privacy while enabling lightning-fast transactions and settlement times.

What Exactly Is DEROHE?

Researched by some of the biggest tech giants in the world, homomorphic encryption is the process of performing operations on encrypted data without first having to decrypt that data. DEROHE encrypts user balances and transactions before they are operated on, allowing the blockchain to function, update balances, and transact without ever having to decrypt user balances or exact transaction numbers. The history of transactions and balances is established via mathematical proofs, easily verified without the need for a transparent blockchain, and allows for chain pruning and verification of history without having to scan the entire blockchain.

Why Is DEROHE Important for the Future?

“Encryption has become almost a generic term at this point, used everywhere in the digisphere to lull users into a sense of security and safety,” said DERO Foundation members. “But even the best encryption relies upon first decrypting data in order to analyze it. And it is there – at the decryption stage – where the vulnerabilities lie. That’s the point of access for hackers and thieves. This is why DEROHE is so revolutionary. Data can be recorded, stored, secured, verified, and even shared without ever decrypting it – literally eliminating blockchain analysis.”

And while DEROHE can be used to share encrypted data with third parties to ensure absolute privacy, it has many other business and blockchain applications too, along with the potential to enable new types of distributed computation.

“DERO is the most technologically advanced smart contract platform out there right now,” said DERO developers. “It is the fastest privacy chain with near instant settlement, using DEROHE and an account-based decentralized blockchain. We’re the only ones successfully using this tech – others are still trying to perfect it.” The DERO Foundation also pointed out “There are already defi projects gaining traction including DEX, as well as NFTs and tokens – which are natively supported by the privacy protocol and move wallet to wallet like cash once they are created. This is a truly unique capability that only DERO provides.”

The DERO Project – dARCH Hackathon News

DERO is currently hosting an extended contest event called dARCH, which is a six-month hackathon scheduled from November 1, 2022 through May 1, 2023. The hackathon offers a total prize pool valued at over $40,000, with competition taking place in three separate events. DERO tokens and NFA trophies are awarded to the winner of each event. Round one is coming to an end on February 1st and developers need to make sure they have their proof of concept or complete projects submitted by then. Read more about the dARCH event at Medium.com.

About DERO – Privacy Together

Originally launched in 2017, with mainnet homomorphic encryption and smart contracts released at the beginning of 2022, the DERO Project is a platform for developers to deploy secure, open, scalable, and privacy-preserving decentralized applications. DERO is unique because the developers value security and privacy above all else, allowing users to transact privately over the network without fear of pitfalls, scammers, identity theft, common protocol-level or network attacks. And with tech that preserves transparency where required, scaling with network load, DERO provides the ideal environment for business-class applications. Learn more about the DERO Homomorphic Encryption Blockchain Protocol (DHEBP) at: www.Dero.io.

Filecoin Foundation Announces First Mission to Deploy Decentralized File System in Space 3261

Today, Filecoin Foundation (FF) announced a first-of-its-kind mission to deploy the Interplanetary File System (IPFS) in space. The mission will take place in 2023 aboard Lockheed Martin’s (NYSE: LMT) LM 400 Technology Demonstrator spacecraft.

Previously, in May 2022 in Davos, FF announced an initial effort with Lockheed Martin to deploy IPFS in space to improve the speed of data transfer across long distances. This mission is the next step in that project, bringing the benefits of decentralized storage to space and exploring use cases for how IPFS can enable better interplanetary communication and data transfer.

“From the beginning, IPFS was envisioned as a technology that can enable networking across ‘interplanetary’ distances,” said Marta Belcher, president and chair of Filecoin Foundation. “Today’s centralized internet model doesn’t work in space. Let’s say you’re on the moon and you’re retrieving data from Earth; each time you retrieve that data, there will be a multi-second delay. With IPFS, data doesn’t need to go back and forth from Earth with every click. That’s because, with IPFS, data is identified by what it is rather than where it is. Each piece of content has a unique ‘content ID.’ When you look for a piece of content, that content is retrieved from wherever is closest, rather than always being retrieved from a particular server. That means if someone nearby on the moon has already retrieved that data, it only has to travel a short distance and can get to you quickly instead of traveling back and forth from Earth with every click.”

This mission is the first of its kind to evaluate in-space use cases for decentralized storage. It will be hosted aboard Lockheed Martin’s self-funded LM 400 Technology Demonstrator – a software-defined satellite about the size of a refrigerator, designed to support a wide range of missions and customers. Once the spacecraft is in orbit, it will use its SmartSat™ software-defined satellite technology to upload and perform the IPFS demonstration.

“The LM 400 Tech Demonstrator mission will showcase how IPFS can make larger quantities of data from space available to multiple ground-based applications in simpler ways,” remarked Joe Landon, vice president and general manager of lunar infrastructure services at Lockheed Martin. “It will serve as the foundational infrastructure to enable more efficient interplanetary communication for our collective, long-term presence in Earth orbit, at the moon, and beyond.”

The mission will demonstrate a space-to-ground communication use case for IPFS. Data from space will be “content-addressed” using IPFS and made available on the IPFS network through a ground station. Applications using IPFS will be able to retrieve the data from the IPFS network, without needing to know the location of the specific ground station holding the data.

IPFS is a decentralized protocol for storing and sharing data that uses content-addressing to uniquely identify files. IPFS is a foundational technology for the Filecoin network, a cryptocurrency-powered decentralized storage network. The IPFS software layer for space is designed to be usable for a wide range of use cases and architectures and topologies, including space-to-space communication. The software is open-source licensed and is being developed in public.

About Filecoin Foundation

Filecoin Foundation (FF) facilitates governance of the Filecoin network, funds research and development projects for decentralized web technologies, and supports the growth of the Filecoin ecosystem and community. Its mission is to preserve humanity’s most important information.

Web3: Crypto and NFTs are Not Dead – They’re Just Getting Started 3334

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It’s no secret that the cryptocurrency boom of the last few years has currently ground to a halt and there are many critical voices which are already trying to put the nail in the coffin of Bitcoin and other cryptocurrencies. However, we are here to let you know that cryptocurrencies and every other blockchain-based technology are here to stay, and they are all part of a bigger picture that you need to understand in order to future-proof your technology and your revenue model. This bigger picture is Web3.

What is Web3?

Web3 is quite simply the next step in the evolution of the internet. When the internet started with only a few web-pages, those were essentially mostly static pages with text and images, made only to transmit information; this was Web1, or the “read-only web”. Web2 was the next generation of the internet, based on interactivity, social-media, and all in all user generated content, catered for the user experience. The major drawback that emerged of Web2 was that this gave the power to hold data to big companies, massing the power and knowledge on the internet to only a few major companies, now commonly known as the FAANG (Facebook, Amazon, Apple, Netflix, Google). Web3 is the next meta of the internet, the new way of modeling interactions on the web in a decentralized manner, giving the power over their own data back to the users, without needing a middle man, such as a big company to do so.

Our company, Plavno, is one of the backbones at the origins of WEB3 and has worked with giants from all industries, such as Mercedes-Benz or BelVeb Bank to provide technology development solutions. The Web3 subject is somewhat of a hot potato, with many skeptics singing its demise before it has even become mainstream, but being an early adopter on revolutionary technology is never easy. What we can be sure of, is that innovators always have an upper hand in their vision for the future, which is why Plavno has always sought to implement future-proof technology and business models. This is why even the biggest market giants trusted us to thrust their solutions into the future, and why you shouldn’t sleep on Web3 and the opportunities it brings!

How does Web3 revolutionize the internet?

Web3 quite simply aims to revolutionize the internet by decentralizing the interactions between people and businesses on the internet. It all starts with blockchain, a decentralized safe model of sharing data on the internet. This data is now no longer hosted centrally on one server administered by a big company, but is now hosted and verifiable over a number of different sources, the users. This decentralized model means that, on the one hand, users no longer rely on big companies to host their data and, on the other hand, they gain control over their own data. This applies to a myriad of fields: instead of making fiat payments that go through banks, payment processors and administrators, you can now make instant cryptocurrency payments, verifiable on the blockchain and without the need to pay any middle men and companies. Instead of buying art and tickets from retailers that monopolize the market (such as the famous case of Ticketmaster), one can now go and buy new forms of digital art, such as NFTs (non-fungible tokens) directly from the artists, including tickets and virtual experiences, such as VR events and content. Instead of using storage from big companies like Google Drive or Microsoft OneDrive, you can use decentralized storage solutions that split your data over multiple sources so that if one fails, you always have the guarantee of many others. Web3 is all about giving power and control back to the users over their own data, their modes of payment, their content, and their creations.

How can you make money on Web3?

Making money has never been easier than on Web3. From a business perspective, entrepreneurs and even just individuals can start their own businesses, monetize their own skills and provide services using the Web 3 model. You can now create your own e-commerce business based on blockchain technology, eliminating the need to pay fees to a third-party company or to create your own website in which the commercial relationship is trust-based. There is no need to question the trust between the buyer and the seller if the contract is decentralized and carried out using immutable automated codes, such as smart contracts. You can then enhance your commerce business by adding NFTs, services driven by AI, safe identity management with customer authentication mechanisms that are  of unprecedented safety compared to Web2 standards. Even if you are not entrepreneurially-minded and want a more standard job, Web3 companies are currently the place to be; creating future-proof products with cutting-edge technology, a very liberal remote-based model and new benefits such as tokens, bonuses, a fast-tracked career progression, as opposed to the slow hierarchical tedium of large companies where you cannot personally make a difference. Finally, you can choose the path of creating your own cryptocurrency startup or marketplace, which is exactly what we help our clients do.

How to create your Web3 business or Web3-proof your company?

Plavno has unprecedented experience in creating Web3 IT solutions. On our last project, we helped our client save more than $400k in initial investments on the launch of a crypto-startup which reached more than 1 million onboarded users in the first year. How do we do this? The secret is in our dedicated software development team. Plavno has 14 years of experience in the field of dedicated software development. Our teams create Web3 software solutions from scratch, dedicated to each client’s needs. And it’s not only the technology that is future-proof, but also all the aspects of the business model: Plavno works on the basis of outstaffing and outsourcing projects, so that solutions can be created remotely and efficiently, taking full advantage of technical advancements in workflow solutions. We use the SAFe methodology to ensure that our work is always transparent and clear to the client, that their needs are met, and that ongoing support is provided after the finalization of the project. For us, a finished project is just the beginning!

With the emphasis on speed that today’s markets require, you would be tempted to go for out-of-the-box systems to implement your ideas. However, this quickly turns into an unsustainable solution. With a dedicated software team, you can make sure that your own solutions are implemented naturally, that you can create an ecosystem between your hardware and software, as well as sustaining the tokenized decentralized economy. By using ready-at-hand solutions, your project encounters problems such as the impossibility to turn your requirements into a final technical product, delays and additional costs in integrating third-party systems, and an overall unreliability in case your system suffers a breakdown or needs updates. By using our technicians, we can establish a long-term reliable software development partnership and make sure that your crypto marketplace is always functioning, updated with new features and most importantly, Web3 future-proof.

Join us now!

That’s the surefire way to get onto the next generation of the internet before all the skeptics and to make sure that when Web3 becomes mainstream, your business, and your ways of making revenue are already well-established and well ahead! Join us now and let us begin our Web3 journey!

Multichain is one year old 3660

Multichain has been a multi-chain industry pioneer and has devoted itself to delivering industry-leading cross-chain services to users since its inception. Anyswap started as a DEX protocol in July 2020. As cross-chain interoperability technologies improved, we realized that Anyswap could deliver more to its community by addressing the growing demand for protocols specializing in cross-chain interaction.

To solidify our commitment to delivering the community’s needs, we officially rebranded to Multichain on this day last year. Since then, we have been the leading driver of the cross-chain economy. With over $90 billion on TVL across 3000+ bridges, we are proud to reach this milestone and incredibly thankful to you for supporting us along the way. So, for our first anniversary as Multichain, let’s look back at what we accomplished in the past year and what lies ahead for us and the multi-chain industry.

A look back at Multichain

Q1 – Our numbers proliferated

The Multichain ecosystem expanded rapidly in Q1. We did a 700% increase in TVL and incorporated about 600 new bridges spanning 39 public blockchains. In addition, we perfected our bridges to improve their conversion logic and transaction time and upgraded our router contracts to improve the developer experience.

We also introduced two new services, an upgradedNFT router – enabled the cross-chain transfer of NFTs via anyCall, and Co-mint – Which addressed liquidity fragmentation in Defi by allowing multiple bridges to mint the same asset, like stablecoins pegged to a common underlying.

Q2 – We pioneered generic cross-chain messaging

Even when the crypto community was hawkish with the bear market in full swing, it didn’t stop us from innovating and growing. For example, Multichain serviced $83.3 billion in cross-chain bridge requests, which accounted for about 40% of the total third-parge market share.

Q2 also marked the official launch of one of our most revered projects – anyCall, an infrastructure of generic cross-chain communication. anyCall enabled seamless cross-chain composability of smart contracts. Curve finance was one of the first protocols to adopt anyCall. In addition, Multichain also launched the fastMPC testnet in Q2, which opened the Multichain MPC network for open participation, further decentralizing the network.

Q3 – We transcended into a DAO

By Q3, Multichain had grown to support about 2891 bridges serving 739,000+ active users. Together, the Multichain community accounted for 49% of all cross-chain activity in Defi. We further perfected the anyCall protocol to V7, which introduced a fallback function to support innovative Dapps. Q3 also witnessed the mainnet launch of the fastMPC network for the public. Then, Multichain also transcended into the MultiDAO, an open community of contributors who could participate in governance and steer the direction of the community towards growth.

Q4 – We made many optimizations

Q4 was all about optimization and focusing on the fine details. We continued being one of the leading cross-chain solutions in demand in Web3. We realized the demands of our valued users and optimized our bridge fee policy. We also lowered the bridge fees charged for mainstream tokens and networks.

What sets us apart

Competitive pricing and a robust ecosystem

Multichain charges one of the lowest cross-chain fees among leading interoperability protocols. Furthermore, the Multichain network is one of the fastest cross-chain protocols in the market, without any compromise in security.

Extensive non-Evm network

Many cross-chain interoperability protocols connect EVM-EVM blockchains, but few (if any) expand across a wide range of non-EVM environments like Multichain, which connects Bitcoin, Near, OnXRP, Aptos, Mintme mainnets, and working on Cardano, Stellar, Flow, Solana testnets already.

Industry trends to look out for in ’23

This year was the age of layer-2s; projects like Arbitrum and Optimism saw a surge in demand and innovation, which stems from the fact that the growing crypto adoption has rendered layer-1s very expensive for standalone transactions. This trend is likely to follow next year as well, and we might see Ethereum being used more as a settlement layer for other blockchains, where high throughput execution is achievable.

Another trend that took off this year was the rising popularity of appchains and blockchain sovereignty. Appchains are blockchains built for one specific use case. Sovereign blockchains build on ecosystem protocols like Cosmos and Polkadot, which take up base layer overheads and help steer innovations toward execution and application.

Regardless of appchains or layer-2s taking the forefront next year, the undeniable fact is that both these paths lead to more demand for cross-chain sharing of information and resources. Therefore, the coming years will require cross-chain protocols to be more flexible with adopting new blockchain environments and decentralized applications.

What will we work on for ’23

Multichain is dedicated to addressing the needs of the cross-chain industry and understands the technological shifts it needs to adopt to deliver them. Therefore, we have some exciting innovations for the cross-chain community for the following year.

Let us share one such innovation. We call it Omni-Blockchain Interaction (OBI). OBI is a blockchain-agnostic cross-chain communication solution stack that appchain developers can use as a base infrastructure to seamlessly build customized cross-chain connection channels without the hassle of implementing trust and verification mechanisms from scratch.

The OBI stack includes 

  • Dapp layer – It will house the cross-chain NFT/token bridges and routers.
  • Data layer – It comprises anyCall, which can communicate arbitrary information across blockchains.
  • The underlying trust layer – A decentralized protocol for cross-chain public trust mechanism, which verifies and authenticates data based on MPC and ZK technologies, the base infrastructure that third-party developers can build upon.

Multichain realizes the potential of novel technologies like zk-proofs in delivering scalable and secure performance. We believe that the concept of zero knowledge also has applications in the cross-chain economy. In ’23, we will work on zk-proofs-based routers, more information will soon follow.

Lastly, one of our primary initiatives for the coming year will be to collaborate with partners and other Web3 communities to educate the users in the industry about the benefits and potential of cross-chain communication.

Thank you for the support

Like any other decentralized project in Web3, Multichain’s success is credited to the continuous love and support we have received during difficult and good times. We thank the Multichain community for having confidence in us since our inception; it inspires us to deliver more in the times to come.

Japanese Game Giant GREE to Run Nodes on Polygon 4404

BLRD, Pte Ltd (Headquartered in Singapore, President: Eiji Araki, a wholly owned subsidiary of GREE Inc, hereinafter “BLRD”) has started to operate validator nodes on Polygon.

BLRD is a company established by GREE in Singapore for the purpose of promoting its Web3 business. Utilizing the experience cultivated at the GREE Group, the company is promoting the operation of validator nodes for the Oasys and Avalanche blockchains and the development of blockchain games. BLRD has been investigating ones suitable for game offerings and has been selected to operate as a validator for the Polygon network, which has a limit of only 100 validators.

Going forward, BLRD will contribute to the performance, security, and decentralization of the network as one of the validators that make up the Polygon network.

If anyone is interested in delegating* BLRD’s validator nodes, please see below.

https://staking.polygon.technology/validators/100

BLRD will continue to develop services that many customers will enjoy for a long time through collaboration with many blockchain companies and entertainment including new games.

*Deposit your crypto currencies into the validator nodes and delegate the work.

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development, providing L2 solutions like ZK and optimistic rollups, sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more.

About GREE

Originally founded as the operator of a social network, GREE quickly emerged as one of Japan’s mobile Internet pioneers, developing the world’s first mobile social game. Today GREE continues to diversify as a technology company with a range of businesses including mobile games and anime, metaverse,commerce, DX, manga, and investment.

It has been almost 15 years since we started our game business, and it is still going well, with our 2022 title “Heaven Burn Red” (Planning and production by Wright Flyer Studios × Key) awarded by Google Play as the best game of 2022. Our non-game business is also doing well, with our Metaverse “REALITY” surpassing 10 million downloads worldwide this October.

About BLRD

BLRD is a new wholly owned subsidiary established in Singapore in July 2022. It operates three businesses in the blockchain domain. They are gaming, validation and investment. We will provide new entertainment services on the blockchain by leveraging the GREE Group’s experience to date.

https://blrd.inc/
https://twitter.com/HelloBLRD