Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program

nubank nucoinNubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage of lower fees, and […]

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A Comprehensive Review of the NuGenesis Network (Part 1 of 6)

The new player on the block, a blockchain that is taking the world of technology by storm. Many people have heard of Polkadot, Cardano, Ripple, Ethereum, Solana and Matic. However, few are yet to learn about one of the oldest established blockchains and systems that has proven to be the leader of innovation. A network of Blockchains that form a unique and powerful system of cross chaining. When first hearing about Nugenesis and Nucoin, the first impression, one gets, is, this can’t be real…. How can a system that delivered what Cardano promises, delivered what Ethereum is striving for and

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Hollywood MPSC Platform Awarded First Nugenesis Nuchain Slot

NuGenesis Signs major contract to deliver on much discussed, Hollywood MPSC Platform (Multimedia and Product Service Coin). Want to own an NFT that not only gives you royalties but also gives you bragging rights, giving you the opportunity to own a piece of your favorite movie scene with rights and conditions attached? Taking smart contracts to a completely new level, while simplifying the NFT procurement and ownership process? Thanks to a partnership between NuGenesis and Iggy Kos.  Soon, you might be able to.   NFTs have become the new craze globally. Smart contracts and NFT’s have been gaining traction in

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Nugenesis Ecosystems – Upholding the Principles of Monotheism Financial Practices, Paving the Way for Future Application of Islamic and Non-usury Banking

Islamic scholars have long had major issues with whether cryptocurrency is permissible, and is it equal or more appropriate to Islamic finance than Fiat? All Monotheism religions have strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, metals, tradable products, etc. Some may argue that government-issued fiat currencies do not have any intrinsic value and may be incompatible with a careful interpretation of Sharia law. This would pose a problem for the burgeoning Islamic finance industry, which aims to produce financial returns in compliance with religious law. While this argument has been

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Nugenesis Smart Chain, Now on Mainnet

In economics jargon, a fungible token is an asset that can be exchanged on a one-for-one basis. Think of dollars or bitcoins — each one has the exact same value and can be traded freely. By contrast, a non-fungible object like an old house or a classic car, has its own distinct value. Cross this notion with cryptocurrency technology known as the blockchain and you get NFTs. These are effectively digital certificates of authenticity that can be attached to digital art or, well, pretty much anything else that comes in digital form — audio files, video clips, animated stickers, this

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What are NuChains?

Nuchains are the diverse individual layer-1 blockchains that run in parallel on the Nugenesis Network and are secured by its sovereign consensus and validator set. The key to NuGenesis scalable multichain Network, NuChains share in and benefit from the network infrastructure including and not limited to the Ledgerx.exchange, launch pads, cross-chain, and reduced hosting prices. NuChains can also connect to external networks such as Bitcoin and Ethereum using cross-network bridges. NuChains can be customized to meet the demand of any blockchain, NuChain can bring the idea of a developer to the forefront of production, without the need for the hiring of

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First Exclusive Interview With the CEO of the Nugenesis Network

Recently we’ve had the opportunity to interview Hussein Faraj, the CEO of NuGenesis Network. We have been following this project for a few months and had wanted to ask a few deeper question in regards to NuCoin. Here are nine questions we asked Mr. Faraj to help you understand the purpose and motivation behind the NuGenesis Network. #1 What made you decide to create your own cryptocurrency project instead of building on an existing platform? In late 2013 we were looking for a solution to a global remittance system, we attempted to build several systems based on current technology and

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Nugenesis Proposes a Carbon Offset Solution, Through Multi Treasury Bitcoin Systems

How much energy does an industry deserve to consume? Right now, organizations around the world are facing pressure to limit the consumption of non-renewable energy sources and the emission of carbon into the atmosphere. But figuring out how much consumption is too much is a complex question that’s intertwined with debates around our priorities as a society. The calculation of which goods and services are “worth” spending these resources on, after all, is really a question of values. As cryptocurrencies and Bitcoin in particular, have grown in prominence, energy use has become the latest flashpoint in the larger conversation about

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NuCoin – Have the Aussies Built What the Blockchain World Has Been Waiting For?

THE BREAK-THROUGH TO CRYPTO MASS ADOPTION HAS ARRIVED! UNLIMITED SCALING; INTEROPERABILITY AND FULL COMMUNITY PARTICIPATION IS HERE! NuCoin minting on the NuGenesis blockchain has commenced on the mainnet, now allowing applications for stakers and early adopters. NuGenesis is part of a family of blockchain technologies that have demolished the obstacles of mass adoption and mainstreaming the new crypto economy. Scalability, block size limitations, speed per second limitations, folks, shards and the need for interoperability are now obsolete issues. NuGenesis has completely re-imagined blockchain tech to challenge assumptions and allow for a custom designed consensus mechanism to evolve and adapt to

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Nugenesis Network – Build Crypto Dapps Seamlessly in More Than 29 Language Systems

After 7 years of R and D, the Nugenesis network is built and ready for launch. NuGenesis is a system of blockchain technologies that integrates blockchain load balancers and system validators to efficiently flow data into infinite parallel processing blockchains. The more users, the faster the transaction speed! NuGenesis parallel processing blockchains are multilingual cross chains allowing dApps built on Eth, Substrate, Bitcoin and 29 other language systems to be seamlessly interoperable. The NuGenesis blockchain network configurations are complete and functional, and in-built in the code to constantly improve and innovate. It is entirely gas-less. It is zero-carbon emission, and

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