“The EEA TestNet will operate as a pre-certification sandbox, where forks of ethereum can be standardized according to certain specifications set out previously by the EEA, which will make them interoperable with each other.
There are now hundreds of companies working on enterprise versions of ethereum, plus an entirely new cohort of industry players joining the fold via Hyperledger’s ethereum-based member Besu, making standardization a priority.
We are providing a place where clients can start to get their feet wet in a testing environment and then, towards the end of the year, will provide the actual ability to certify against those specifications. Then we can actually stamp things as being EEA certified and branded and have that guarantee of interoperability.”
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“More than 100 organizations from over 60 governmental and non-governmental entities that already use blockchain participated in the study.
By integrating blockchain into their operations, the UAE government can also drastically reduce paperwork, eliminating 398 million printed documents and 77 million work hours per year.
With reported 80% of public and private sector entities already using blockchain, the UAE has apparently dove headlong into the sector. The UAE, along with both Bahrain and Saudi Arabia, is leading the charge when it comes to positive crypto and blockchain legislation.”
“Working with ethereum project incubator ConsenSys, the Kings said Wednesday it would be live-auctioning team memorabilia using an ethereum-based platform operated by Treum. The platform will be used to verify the provenance of athletic collectibles, with auctions running during and after NBA games.
This is the jersey, [is it] real, was it game-worn, how do I know? [They] understand that what they are about to get is real.”
“Decentraland, the first ever blockchain-based virtual world, is going live to the public.
The launch includes the establishment of the Decentraland DAO, full decentralization of the world’s infrastructure (communications between users and the serving of content), and, most importantly, public access to the very best the Metaverse has to offer.
From now on, no single agent will have the power to modify the rules of the software, curate LAND content, modify the economics of MANA, upgrade the LAND smart contract unilaterally, or prevent others from accessing the world, among other decentralization features.”
“While the news may disappoint those in the investment community keen to see the first ever bitcoin ETF in the U.S., the news is not surprising.
This is the next step towards our long-term goal of bringing a bitcoin ETF to market, and we plan to refile our application at an appropriate time. We are currently working hard on answering the questions that the SEC raised in its 112-page response to our initial filing.
With the action, Bitwise leaves just one bitcoin ETF proposal before the SEC. The bitcoin and U.S. Treasury bond ETF planned by Wilshire Phoenix is still under review and is expected to be ruled on by the SEC by Feb. 26.”
“The company claims the product is the first sharded Proof-of-Work Layer 1 network to make it to market. The fully functional hybrid blockchain enables the connection of a public chain with a private network. Kadena’s hybrid blockchain supports interoperability using Pact, the firm’s open-source smart contract programing language.
The blockchain can process 750 transactions per second [and has] 10 chains, noting that upgrading to 100 chains is likely.”