Global Governments are Tapping Blockchain Technology to Streamline Infrastructure

The merkle RSK BlockchainGovernments all over the world are working on improving and streamlining their existing processes and infrastructure. Blockchain technology will play an increasing role of importance in this regard.  Growing Adoption of Blockchain Technology Various governments around the globe are currently exploring their options in the blockchain space. Rather than looking at established technology companies, it appears that diversification is taking place at this time. This state of affairs is a logical evolution of the seemingly hesitant approach governments have taken when it comes to distributed ledger technology over the past few years. Streamlining existing processes and infrastructure is needed in

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Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to BitcoinWhile decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. An Attempt […]

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RSK Brings DeFi Interoperability to Bitcoin & Ethereum; Launches New Bridge

rsk labsIn a 2018 report on blockchain technology, Deloitte identified five vectors of progress for promoting adoption. Topping the list was the need to enhance performance and interoperability. Ultimately, Deloitte concluded, “Help is on the way as a growing number of industry participants work to enable cross-blockchain transactions, interconnectivity, and standardization.”  When it comes to decentralized finance (DeFi), that prediction is increasingly coming to fruition as RSK, a Bitcoin-based smart contract and DeFi platform, announced the successful launch of its RSK token bridge that connects its Bitcoin-powered smart contracts with Ethereum’s popular network. Decentralized finance is proving to be an important

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RSK Unveils $200,000 Dapp Developer Program

RSK, the Bitcoin smart contracting platform powered by IOV Labs, has unveiled a $200,000 fund to spearhead application development. The grant program will be made available to dApp developers interested in building upon the smart contract network, whose security is anchored to the Bitcoin blockchain. The funds earmarked for enterprising projects will stimulate third party development work as RSK looks to position itself as a leading launchpad for decentralized finance applications. Operating as a Bitcoin sidechain, RSK provisions an array of tools including data storage and name service, as well as libraries which developers can build upon. The RSK ecosystem

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Ethereum vs EOS vs Cardano vs Rootstock – Smart Contract Platform Comparison and Review

ethereum eos cardano rootstock comparison featured imageSmart contract platforms allow developers to create fully decentralized dApps. Some of the more popular platforms are Ethereum, EOS, Cardano and Rootstock. In this article, we will go over these options and explain what’s unique about each one. Let’s get started! Ethereum   What Is Ethereum? Unlike Bitcoin, Ethereum is an ecosystem whose focus is to discover new use cases for blockchain technology. The Ethereum network is designed to allow anyone in the world to build dApps using smart contracts. These next generation applications can operate with no expected downtime, fraud, or interference by malicious actors. dApps are the main

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United Nations Agency Unicef Launches Cryptocurrency Fund

United Nations Agency Unicef Launches Cryptocurrency FundUnicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide. Also read: RBI Ban Stops Indian Police From Cashing Out Seized Crypto […]

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Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth Largest Social Network

Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth Largest Social NetworkIOV Labs, the parent company of Bitcoin smart contract platform RSK, has announced the acquisition of Taringa. As a result, the Hispanic social media network’s 30 million users and 1,000+ active communities will be exposed to dapps, tokenization and P2P trading. Crypto companies acquiring traditional businesses, before introducing tokenized features, is now a growing trend. […]

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How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model

An In-Depth Look at Merge Mining and Anchored Blockchain ProjectsSince 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network. The following article […]

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