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Blockchain May Help to End Seafood Slavery in Asia

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What most people don’t think about when they tuck into a plate of tuna or prawns is that much of the seafood we eat is caught and processed by slaves.

According to the Global Slavery Index, there are some 300,000 slaves working in the Thai seafood industry alone. These are people coerced from neighboring Cambodia, Laos, and Myanmar with offers of decent work who soon find themselves with confiscated identification forced to work with little sleep or food and no recourse to legal help.

Part of the problem is the ease in which these workers can be smuggled into the country, hidden while they work on boats and in factories, and then disappeared either by eventually being released back to their own countries or killed and dumped at sea.

Now Nonprofit organizations see ways in which blockchain ledger technology can track migrant seafood workers as well as hold those exploiting them responsible.

Trace the seafood

The London based NGO Provenance has already adapted Blockchain technology to trace hand caught skipjack and tuna from Indonesia in a project called ‘bait to plate’. By attaching an RFID tag local fishermen use handheld devices to upload identification to the cloud. This information is recorded in Provenance’s blockchain ledger allowing an individual fish to be traced as it changes hands all the way to the end consumer.

This fairly straightforward approach may be easily implemented to trace certain kinds of seafood but Pavel Bains thinks the same kind of tech can be used to protect migrant workers in the industry as well.

Protect the workers

Bains, CEO of Bluzelle,  thinks wearable technologies can eventually be used to protect migrant workers rights. By recording and sending biometric, contract, payment and location information of workers to a blockchain which would record it in its ledger. Capturing this kind of data may be used to eventually prevent physical beatings, deprivation of food and water, sexual abuse and instances of laborers being killed and thrown overboard.

Bains recognizes that implementing a system like this is not going to be easy. Firstly the technical hurdles can look like a non-starter even before considering the cost of devices which will have to come way down. Then there is getting cooperation from governments all the way down to boat captains who have nothing to gain from this.

Regardless, blockchain technology will evolve and eventually there will be nowhere for human traffickers to hide.

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StakeVault.Network to Launch Validator Services for ETH, ATOM, TIA, and SUI

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StakeVault.Network (SVN) is set to expand its validator services to major blockchain networks, including Ethereum (ETH), Cosmos (ATOM), TIA, and SUI, in the near future. This expansion aims to provide users with secure and efficient staking services, enhancing the security and performance of each network.

Discover StakeVault.Network

StakeVault.Network is a project dedicated to offering cutting-edge blockchain infrastructure. It provides validator services that support the operation and security of networks through user-held crypto assets. In today’s rapidly evolving blockchain technology landscape, there is a pressing need for secure, efficient, and scalable solutions for staking and node validation. These processes are crucial for strengthening network security, achieving consensus, and promoting decentralized governance across blockchain ecosystems.

Despite significant advancements, existing node validation and staking solutions often face scalability limitations, insufficient security measures, and a lack of user-friendly interfaces, hindering widespread adoption. StakeVault.Network aims to redefine the staking environment by introducing a robust, scalable, and secure platform to address these challenges, positioning itself as a game-changer in the industry.

Revolutionary Validator Solutions

StakeVault.Network offers comprehensive and customized solutions to address the challenges of staking and node validation. The platform implements advanced node authentication mechanisms to ensure that only reliable nodes participate, enhancing security through multi-factor authentication and continuous monitoring. Its efficient staking mechanism minimizes energy consumption while maximizing network security and participation, and a dynamic reward distribution model ensures fair and transparent rewards.

The user-centric design provides an intuitive interface and simplified staking process, encouraging broad participation. By promoting reliability and empowerment through a transparent economic model and community governance, StakeVault.Network supports the healthy development of the platform.

Expanding Horizons (ETH, ATOM, TIA, SUI)

SVN will provide validator services on the following major blockchain networks:

Ethereum (ETH): Founded by Vitalik Buterin in 2015, Ethereum is a decentralized platform with smart contract functionality. It serves as the foundation for decentralized finance (DeFi) and non-fungible tokens (NFTs), and many decentralized applications (DApps) have been developed on it.

Cosmos (ATOM): Cosmos aims to provide interoperability between blockchains with its native token, ATOM. It envisions an “Internet of Blockchains” and offers a software development kit (SDK) for creating independent blockchains.

TIA (Celestia): Celestia offers a modular blockchain focused on specific functionalities, addressing the trilemma of decentralization, scalability, and security. It uses Data Availability Sampling (DAS) for efficient block verification.

SUI: SUI is a layer 1 blockchain network designed for fast and low-cost transactions. It adopts the unique programming language “Sui Move.” SUI has expanded its ecosystem through partnerships with major companies.

Power of SVN Token

The SVN token is a crucial component of the StakeVault.Network ecosystem. Token holders can participate in decision-making processes and earn staking rewards in SVN tokens. Additionally, SVN tokens are used to pay for services and transaction fees, supporting the economic activities within the ecosystem.

About Us
Website: https://stakevaultnet.com/
Twitter: https://x.com/StakeVaultNet
Telegram: https://t.me/StakeVaultNetwork

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Introducing Three Protocol: Building An Alternative To Centralized Digital ID’s and KYC with No-KYC Zero Knowledge Proof, Decentralized Digital ID’s

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Three Protocol, a new project is building an alternative to centralized digital ID’s and KYC with no-KYC zero-knowledge proof, decentralized, digital ID’s (ZKi3s) in online marketplaces, announced its main features rivaling those of industry-established brands, such as Polygon ZKP, Starknet, zkSync, and DOP. The project aims to help users engage in secure, private digital interactions within a fully decentralized, trustless environment.

Zero-knowledge proof (ZKP) IDs are increasingly in demand in the emerging Web3 economy. Blockchain-based systems can ensure better performance and security in this landscape than the traditional Web 2.0 has to offer. Their focus on scalability, decentralization, and privacy offers a bridge for Web 2.0 online marketplaces toward Web3. Meanwhile, the latter’s reliance on national identification and KYC requirements affects user safety and privacy. Moreover, imposing verification excludes many from participating in online economic activities, especially those who are unbanked or lack proper identification.

Three Protocol eliminates KYC (Know-Your-Customer) or national identification requirements for marketplace access, allowing the unbanked and debanked communities to engage in online commerce. Signing up requires only a crypto wallet and the implementation of Zero-Knowledge Proof Psudoanonymised digital IDs. Therefore, a user’s profile on the blockchain is only a SHA256-hashed immutable entry on blockchain technology.

ZKi3s are no-KYC, zero-knowledge proof blockchain entries showing the owner’s online relationship history reputation, which forms the basis on which all Three Protocol systems function. Individuals can mint their own ZKi3s without providing national ID, biometric details, or passing KYC verification.

A ZKi3 is used to send ZK-Stark proofs between a review issuing protocol (e.g., an online marketplace) and an issuing protocol. This can occur whenever a user desires to collect a review or reputation score for any digital relationship or transaction. The ZKi3 is never visible publicly on the blockchain, ensuring the user’s transactions remain private.

Three Protocol confirmed that the algorithmic formulae for ZKi3s will be made open source. Therefore, any digital platform or online marketplace can integrate ZKi3s via a permissionless process.

Three Protocol also uses a Neural Network AI model employing cutting-edge alphanumeric AI algorithms to build a real-time updated product, a service, and a real-world assets interface for users. Furthermore, Three Protocol introduces the concept of DAIOs (Decentralized Artificial Intelligence Organizations) to implement open-source updatable AI systems and ensure users make informed decisions when voting.

ZKP ID providers take different approaches to the main aspects that define a ZKP ID system’s performance. These aspects include government access, privacy, KYC requirements, open-source nature, use of ZK-STARKs, and trustlessness. Here is how Three Protocol regards these manners and how it ranks against other leading projects, including Polygon ZKP, Starknet, zkSync, and Data Ownership Protocol (DOP).

Government Access

Three Protocol prioritizes the user’s control over their data and activities. Its decentralized ZKP digital ID technology maintains such sensitive information inaccessible to third parties. Besides Three Protocol, only a handful of other ZKP providers have this approach. On the other hand, projects like Polygon ZKP, zkSync, and DOP prioritize regulatory compliance over user autonomy and self-sovereignty.

Privacy

Three Protocol employs cutting-edge ZK-Stark technologies to guarantee the user’s identity remains anonymous. This feature sets this project apart from other similar initiatives. For example, Polygon ZKP considers its system’s scalability more important than keeping the user’s ID secret. Meanwhile, zkSync utilizes ZK-Rollups to prevent third-party access to user information but still requires KYC from its users. Lastly, DOP adopts a selective transparency and regulatory compliance policy and disregards user confidentiality.

KYC Requirements

One of the most appealing aspects of ZKP identification is that it often doesn’t require KYC verification. Three Protocol ensures its users enjoy this benefit and keep their sensitive information secret. Apart from Three Protocol and DOP, only a few other projects follow the same practice. At the other end of the spectrum, projects like Polygon ZKP, Starknet, and zkSync require users to pass Know-Your-Customer procedures, affecting user inclusivity and privacy.

Open Source Code

Three Protocol is among the industry’s top ZKP DID providers, along with Polygon ZKP, Starknet, and zkSync, maintaining an open source code. This feature allows the project’s growing community to contribute and scrutinize its development, thus enhancing its trustworthiness.

ZK-STARKs (Zero Knowledge Scalable Transparent Argument of Knowledge)

Three Protocol utilizes ZK-STARKs to provide security against privacy threats and enhance performance levels without affecting decentralization. Only a few other projects follow this practice, e.g., Starknet. However, more prominent brands, like Polygon ZKP, zkSync, and DOP, do not consider ZK-STARKs a priority.

Trustless

Three Protocol uses tri-signature smart contracts and DAO governance to ensure a fully decentralized and trustless experience. Moreover, it provides unbiased dispute resolution and self-custody, setting an industry standard with this approach, which only a few other brands, such as Starknet and zkSync, also follow.

About Three Protocol

Three Protocol is Tectum Labs’s first incubated project. Its mission is to modify the current paradigms of online marketplaces through decentralization and create financial inclusivity for individuals without access to traditional banking services.

The project uses the Three Protocol Neural Network AI model to create marketplaces that increase the efficiency and accuracy of searching for products, services, real-world assets, and clients based on personalized user queries.

Three Protocol integrates cryptocurrency utility to broaden the purchasing power and utility of cryptocurrency holders. Its implementation of an AI-driven DAO should also help increase equity and fairness in the user-online marketplace relationship.

Lastly, Three Protocol uses a unique blend of privacy, self-custody, and decentralized governance that sets it apart from other ZKP ID providers. Its services cater to users and developers who value anonymity, trustlessness, and decentralization.

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Data Ownership Protocol – Itheum – Launches on Solana, Embracing AI and Gaming

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Itheum, a data ownership protocol, has unveiled ItheumV2, emphasizing AI and gaming data, and is now expanding on the Solana blockchain. This expansion began with the release of Data NFTs on Solana, allowing users to participate in the Get BiTz meme-burning game to collect BiTz XP, which contributes to Proof of Activity within the ecosystem. This activity is later converted to Liveliness Scores, backed by $ITHEUM tokens, meaning that each user will get $ITHEUM tokens proving their Liveliness Score. The inaugural GetBiTz version on Solana was launched via DRiP, and of course, more opportunities for participation will be dropped via the same channel in the future, all you need to do is to subscribe/follow and make sure you’re securing a BiTz Data NFT drop when the time comes.

Following the successful deployment on Solana, Itheum secured the 5th position at the Solana Summit, marking a huge milestone for the development of the protocol on the Solana Network. The next step is to onboard gamers to the Gamer Passport when it launches and for this, we invite you to read more and stay up to date with the Itheum developments to make sure you’ll be able to join the Gamer Passport Alpha Stages.

Omni Chain Expansion Debuts with the Launch of the Itheum on Solana

A significant milestone in Itheum’s expansion is the launch of the Omni Chain Token Bridge between Solana and MultiversX blockchains, now live on mainnet. This has been done after a series of QA tests and security audits by xAudits with a full public report available on their official website. The $ITHEUM token is accessible on both blockchains, with strong liquidity pools on platforms like xExchange and Raydium as the primary DEXs (more coming soon), offering community access to the native token through various ways.

Initially launched on the MultiversX blockchain, Itheum introduced Data NFT technology aimed at onboarding diverse content creators—musicians, writers, educators, podcasters, game developers, on-chain analysts and more. This technology enables creators to bridge their work into the web3 space, offering a way to create fractionalized ownership over their work.

Fans can support creators by owning pieces of those collections and enjoying the content which is unlocked directly inside the NFT. Itheum also developed the Itheum Explorer platform, a tool that allows anyone to visualize the Data NFT in a human-readable form. This platform features a music player, arcade game zone, and educational widgets and more, allowing creators to share their work as Data NFTs. As an infrastructure layer on MultiversX, various protocols have built applications on top of Itheum, including a Loyalty Aggregator App for trading cashback as Data NFTs, a Social Media app for minting interactions as Data NFTs, and Data Aggregators.

ItheumV2 Empowers Gamers to Earn with Data NFTs in New AI-Driven Narrative

ItheumV2 introduces a new narrative: Data for the AI Era. Starting with the Omni Chain expansion, mainnet bridge release, and Raydium liquidity pool launch, Itheum aims to enable gamers starting with Sony PlayStation users to link their gaming data to Data NFTs and monetize it for passive income. More platforms like Xbox or Stream will be included later on. Gamers can link their gaming data to a Data NFT, regularly check in their data enriched with user survey answers like mood and feelings, and add it to an aggregator creating a bulk data pool. This pool can be traded with AI companies and other interested parties, generating passive income for active gamers.

Interactive Music Experiences: Itheum’s Data NFTs Enable Dynamic Playlists and Transparent Royalties

Other achievements include the Music Data NFT technology on Solana, enabling musicians to create dynamic playlists wrapped in a single Data NFT. Artists can update the content within the NFT, offering interactive experiences for fans while maintaining ownership over their work. Fans can access the content as long as they own a copy, and artists can generate a transparent form of revenue through on-chain royalties with each trade. Platforms like music and video streaming services can utilize Data NFT technology, revolutionizing content ownership and enhancing social media interactions for content creators and fans, creating more unique experiences for everyone, all this made possible via technology provided by the Itheum Protocol.

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Hinkal announces ‘EigenLayer for Privacy’ with the upcoming launch of the Shared Privacy Protocol

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Hinkal, a multi-chain privacy layer for confidential on-chain transactions, today announced the upcoming launch of the Shared Privacy Protocol, enabling cross-chain privacy via anonymity staking.

Institutional investors are entering crypto markets at a rapid pace and demanding the same privacy in DeFi trading that they have enjoyed in traditional equities markets. However, complete privacy in DeFi trading requires a large pool of “Shielded TVL” on each chain to properly mask transactions, a nearly impossible task with over 200 Layer-1 and Layer-2 blockchains across the industry. Despite growing demand, liquidity fragmentation remained a major roadblock to institutional adoption as the provision of this liquidity was not being incentivized and, until now, privacy in DeFi was not scalable.

Hinkal addresses this market gap with the launch of shared privacy infrastructure that establishes a unified pool of shielded liquidity across all chains. While other privacy protocols are focused on vertical privacy at the chain or dApp level, the Shared Privacy Protocol introduces horizontal privacy integration whereby the Shielded TVL can be mirrored across any chain (ex. Arbitrum or Solana), allowing traders and dApps across the entire blockchain ecosystem to leverage the full value of the Shielded TVL pool.

With the introduction of Hinkal’s Shared Privacy Protocol users can now bootstrap Shielded TVL in a similar method to how EigenLayer enabled projects to bootstrap security. By rewarding stakers with assets and yield, the Shared Privacy Protocol engages the DeFi community to build the future of privacy for the entire ecosystem. This approach mirrors the secure standards of traditional finance and allows both individual and institutional users to manage assets and transact on major decentralized applications (dApps) without publicly disclosing wallet addresses.

Georgi Koreli, co-founder and CEO of Hinkal, commented on the news, “Ensuring complete privacy on-chain is a critical step in enabling the full adoption of crypto as an asset class across the institutional financial sector. The Hinkal Protocol has already seen rapid adoption across our institutional network and the launch of the Shared Privacy Protocol is a key milestone in unleashing the power of community and breaking privacy barriers in crypto. We look forward to continuing to maximize discreteness for the community from native users to new market participants.”

Benefits of the Shared Privacy Protocol include:

  • Stakers can deploy native and staked assets to the protocol, generating additional yield while maintaining the flexibility to trade yield tokens on other dApps
  • Traders benefit from the expanded Shielded pool, further obfuscating their trading strategies and maximizing deployed capital across multiple chains
  • Developers of decentralized exchanges and dApps can now seamlessly integrate Hinkal’s Shared Privacy Protocol directly into their platforms, granting new privacy capabilities to their users

Evgeny Gokhberg, founder of Re7 Capital, an investor in Hinkal, continued, “A compliant solution enabling discrete liquidations without disclosing transaction data is necessary for us to efficiently operate in DeFi markets and Hinkal’s Shared Privacy Protocol is the solution we have been searching for a long time. We are proud to be a member of the Hinkal network and will be deploying additional strategies leveraging this new protocol in the near future.”

Hinkal is supported by an expansive network of institutional trading firms and funds that are already leveraging the Hinkal protocol to execute their discreet trading strategies. Additional information on the Shared Privacy Protocol and how to participate can be found on the Hinkal website.

About Hinkal

Founded by Stanford grad Giorgi Koreli and his Ph.D. brother, Nika Koreli, Hinkal is an institutional-grade protocol designed to provide users with full control over their on-chain assets. The Hinkal protocol enables privacy of transactions and assets across core DeFi apps and functions, including trading, farming, staking, and lending through the use of stealth addresses and with high degree of compliance.

Hinkal is a ZK-based solution that provides a private smart contract wallet experience, allowing users to participate in their favorite dApps directly from their private addresses without the need to withdraw assets for obfuscation.

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PLYR Gaming Blockchain officially launches

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The PLYR Gaming Blockchain mainnet is set to launch as an Avalanche Subnet today on July 1st, 2024. This significant milestone marks the beginning of a new era in crypto gaming, aimed at creating a seamless and interconnected gaming universe that spans multiple blockchains.

What is PLYR Gaming Blockchain?

PLYR Gaming Blockchain is an advanced platform designed to revolutionize the gaming experience by leveraging blockchain technology. It focuses on creating a decentralized, secure, and transparent environment where players can truly own their in-game assets, enjoy thrilling play-to-earn opportunities, and engage in a dynamic gaming community.

Multichain Empowerment

PLYR Gaming Blockchain is designed to empower crypto gaming by connecting all chains. This multichain approach ensures that players from various blockchain communities can interact, trade assets, and participate in games without limitations. By bridging these chains, PLYR enhances interoperability and inclusivity within the crypto gaming ecosystem.

Key Features of PLYR Gaming Blockchain

1. Cluster Nodes: Cluster nodes are the cornerstone of the PLYR ecosystem, allowing users to participate in the network’s governance and earn rewards. By operating a cluster node, users contribute to the decentralization and security of the platform.

2. PLYR-ID: PLYR-ID is a unique decentralized identity solution that provides players with a unified identity across all games and platforms within the PLYR ecosystem. This feature ensures seamless access and a personalized gaming experience.

3. PLYR-AUTH: PLYR-AUTH provides secure and seamless authentication across all PLYR-enabled games and services. Additionally to PLYR-ID, the InstantPlayPass feature simplifies the login process and enhances security by leveraging decentralized authentication methods, ensuring a smooth and secure gaming experience for all users. This innovative feature allows players to quickly jump into games without lengthy sign-up processes.

4. PLYR-API: PLYR offers a comprehensive suite of tools for game developers, including SDKs and APIs, to integrate blockchain functionality into their games effortlessly. These tools simplify the development process and enable the creation of innovative, blockchain-powered games.

5. Sidekick App: The Sidekick app is designed to enhance the gaming experience by providing players with real-time mobile updates, notifications, and easy access to their assets and rewards. It acts as a companion app, keeping players engaged and informed.

6. Gamestake: Gamestake rewards players and active participants of the platform with $GAMR tokens. These tokens can be used to participate in games on the PLYR chain, creating a vibrant and rewarding ecosystem. By participating in Gamestake, players can maximize their engagement and enjoyment while earning valuable rewards. More details can be found on the Gamestake page.

7. Web3 Games Marketplace: The PLYR crypto games marketplace is a hub for discovering and purchasing games. It features a wide variety of games including both Web2 and Web3 games.

8. In-House Developed Games: PLYR has developed several exciting games, including:

  • ZooRacers: A battle-kart game where players can engage in intense combat and compete for rewards.
  • ZooNo: A card game based on Uno, with some added twists for a unique gaming experience.
  • Poker ZooGenes Hold’Em: A unique poker game that integrates NFT-based characters and assets.
  • Telegram Games: BangBang, ZooQuiAI, and Wild Kingdom, which connect to the blockchain for direct rewards distribution.

How to Get Started

  1. Website and PLYR-ID Creation: Users can visit the PLYR Network website to create a PLYR-ID, which provides access to the latest updates and features.
  2. Community Engagement: Staying informed about events and news is possible by following PLYR on social media platforms such as Twitter(X).
  3. Participation in Events: Engaging with the community and earning rewards is facilitated through participation in various events organized by the platform.
  4. Roadmap and Future Updates: The roadmap available on the PLYR website offers insights into future developments and milestones, helping users stay informed about upcoming enhancements.

Looking Ahead

The launch of the PLYR Gaming Blockchain mainnet is just the beginning. An ambitious roadmap is in place, with plans to introduce more games, expand the ecosystem, and continuously improve the platform based on community feedback. This initiative aims to revolutionize the gaming industry and create a thriving community of passionate gamers.

About PLYR

The PLYR Subnet is a dedicated blockchain network on the Avalanche platform, optimized for the gaming industry. It offers low-cost, fast, and secure transactions, enabling seamless in-game purchases, asset transfers, and reward distributions. With a strong focus on interoperability, the PLYR Subnet integrates with over 200 blockchain networks, providing a robust and scalable foundation for cross-chain gaming experiences and innovative decentralized applications. This specialized subnet empowers developers and gamers with efficient, high-performance solutions tailored to the needs of modern gaming.

The groundbreaking launch on July 1st, 2024, marks a significant milestone in the gaming industry. The PLYR Gaming Blockchain is set to become a major player in the future of gaming, building on the successes of platforms like Gala, Immutable, and Beam.

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Taiko Celebrates One Month on Mainnet with Explosive Growth and Ambitious Plans

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Taiko, a based rollup protocol designed to scale Ethereum natively, is proud to mark its one-month milestone on the mainnet with remarkable achievements and a bold vision for the future. Since its launch, Taiko has experienced exponential growth across various metrics, setting the stage for a promising journey ahead.

The mainnet statistics speak volumes about Taiko’s rapid ascent in the Ethereum Scaling L2 space. With a total value locked (TVL) of $138,730,000 and processing an average of 19.53 transactions per second daily, Taiko has swiftly emerged as a formidable player in the ecosystem. Noteworthy milestones include processing 45.3 transactions per second on June 27, reaching a total of 21,575,719 transactions and 108,443 blocks, and attracting 699,616 unique wallets to the network.

A key highlight of Taiko’s recent progress is the transition to permissionless block proposing and proving, making it the first Ethereum-based rollup to offer this feature. The network has seen active participation from 44 unique proposers and 32 unique provers, showcasing a vibrant and decentralized community eager to contribute to Taiko’s growth.

Taiko’s ecosystem has flourished with integrations from over 80 DeFi, gaming, bridge, and other projects. Popular games like Stupid Monkeys, Crack & Stack, and LooperLands have found a home on Taiko’s mainnet, signaling a burgeoning gaming ecosystem. The launch of the TAIKO token on June 5, followed by successful listings on major exchanges and decentralized platforms, has further fueled Taiko’s momentum.

In an innovative move, Taiko introduced the Trailblazers program, rewarding users and dapps with a staggering 12 million TAIKO tokens (10 million for users, 2 million for dapps) for active participation within the ecosystem this season. Nearly 600,000 users have already joined the program, minting over 220,000 Faction badges and engaging in exciting actions across various categories.

Looking ahead, Taiko remains committed to expanding its ecosystem, attracting new protocols, and increasing TVL. Technical advancements, including the upcoming launch of Raiko and continued development of the booster rollup scaling solution, promise to further enhance Taiko’s capabilities.

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Chainlink Data Streams Is Live on Avalanche Mainnet With GMX V2

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Chainlink, the industry-standard decentralized computing platform, Avalanche, a leading blockchain platform designed for speed, scalability, and security, and GMX, a leading onchain perpetual and spot exchange that offers deep, liquid markets for many top crypto assets, have today announced that Chainlink Data Streams has officially launched on Avalanche, with GMX as a launch partner using Data Streams to help power its decentralized perpetual exchange. Chainlink Data Streams unlocks a new generation of high-throughput DeFi markets on Avalanche.

Chainlink Data Streams is the all-in-one data solution for the DeFi market, combining low-latency market data and automated execution to unlock a new generation of ultra-fast and user-friendly high-throughput DeFi products. By supplying high-frequency market data using robust, decentralized infrastructure, Data Streams enables high-throughput DeFi products to create a seamless user experience comparable to CEXs while providing unprecedented onchain execution speed and battle-tested security infrastructure.

“We’re pleased to help power the next generation of high-throughput DeFi products on Avalanche through Chainlink Data Streams,” said Johann Eid, Chief Business Officer at Chainlink Labs. “By offering unmatched speed and resiliency, Data Streams enable DeFi protocols to provide ultra-fast, high-throughput DeFi products while maintaining the high-security guarantees of onchain finance.”

With Chainlink Data Streams, dApps have on-demand access to high-frequency market data backed by decentralized and time-tested Chainlink infrastructure. Chainlink Data Streams features a low-latency, pull-based oracle that provides a continuous stream of real-time market data, allowing dApps to pull information at any time.

“We’re excited to see Chainlink’s low-latency oracle solution on Avalanche,” said Lydia Chiu, Senior Vice President of Business Development at Ava Labs. “Chainlink Data Streams’ low-latency market data and automated execution enable Avalanche ecosystem projects to provide users with industry-leading performance facilitated by decentralized, credibly neutral Chainlink infrastructure.”

“GMX’s Data Streams integration on Avalanche mainnet is all about expanding the success of our GMX V2 launch,” said Coinflip, core contributor at GMX. “Chainlink Data Streams has meaningfully contributed to the decentralized exchange’s speed and resiliency, and we’re excited to bring those same benefits to all the traders and liquidity providers in the Avalanche community.”

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $12 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

About Avalanche

Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.

About GMX

GMX is a leading onchain perpetual and spot exchange that offers deep, liquid markets for many top crypto assets. With its composable liquidity pools offering market-leading APRs and more than 100 DeFi integrations, GMX forms a foundational liquidity base layer for the Avalanche and Arbitrum blockchains.

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SingularityNET and OriginTrail: Advancing Decentralized Knowledge Graphs

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An innovative collaboration has emerged in the AI sector, as SingularityNET, a leading AI platform developer headquartered in Zug, Switzerland, and Trace Labs, the core development company of OriginTrail, based in Hong Kong, have just announced a strategic partnership aimed at supporting the development of the Knowledge Layer – the Internet of Knowledge.

This partnership signifies that two prominent players in the AI industry have come together to support a decentralized ecosystem where AI agents and infrastructure partners collaborate within the decentralized knowledge graph (DKG) landscape.
OriginTrail is an ecosystem dedicated to building a Verifiable Internet for AI, and this partnership marks the beginning of their collaboration with SingularityNET’s leading AI platform and robust ecosystem.

In some of the key highlights of this partnership, Trace Labs is tasked with developing sophisticated infrastructure that allows for efficient access and retrieval of information stored on the DKG, tackling challenges of AI hallucinations, bias, and model collapse due to an explosion in the amount of synthetic data produced by AI. This effort is aimed at enhancing the functionality and responsiveness of the decentralized knowledge graph within the OriginTrail network.

SingularityNET will then provide users access to its decentralized platform, where specialized AI models and Large Language Models (LLMs) can be purchased and used for data analysis. These models are designed to operate seamlessly with the data supported by the OriginTrail network, fostering a more robust ecosystem. The company will also develop AI models that can be trained directly on the Decentralized Knowledge Graph. This approach helps realize the shared vision of the two partners; eliminating the need for data centralization, and leveraging the decentralized nature of the blockchain to enhance privacy and security.

Leveraging SingularityNET’s leading position in mission-critical research of Artificial General Intelligence (AGI) and Trace Labs’ experience in commercializing Web3 and AI solutions, the strategic partnership is in particular aimed at solving the real world challenges with decentralized AI within the key sectors, such as Industry 4.0, decentralized science (DeSci), real world assets (RWA), and education.

Dr. Ben Goertzel, CEO of SingularityNET, stated, “As we move from an Internet of documents, media and apps to an internet of knowledge and AI, the basic composition of the Internet as a ‘decentralized network of decentralized networks’ becomes ever more important. Both SingularityNET and Trace Labs have powerful capability to grow decentralized networks around knowledge graphs and associated AI capabilities; connecting these networks together into a cross-linked, cross-token meta-network will yield a host of different synergies enabling a broad-based boost in intelligent functionality. As a practical example: Putting together a subgraph of OriginTrail’s DKG decentralized knowledge graph covering shipping logistics, with a knowledge meta-graph living in the OpenCog Hyperon system deployed on SingularityNET covering the timing of events in various markets, one could achieve an unprecedented level of emergent knowledge in the minds of AI agents carrying out supply-chain planning and forecasting. SingularityNET’s new MeTTa-Motto tool integrating Hyperon symbolic AI with LLMs and other deep neural nets could play a critical role here. Similar examples exist in every vertical market, which gives this partnership an almost unbounded potential for economic benefit and human good.”

Žiga Drev, Managing Director of Trace Labs, added, “The benefits of AI are limitless and so are the risks, like hallucinations and model collapse as the growth in synthetic data outpaces the provision of real world data. A truly open AI that fosters inclusion and a more equitable distribution of value can only be achieved through a collaborative and modular approach. We are proud to partner with SingularityNet, founded and led by the visionary Dr. Ben Goertzel, who coined the Artificial General Intelligence (AGI). Working alongside the leading visionaries at the convergence of crypto and AI opens exciting opportunities to accelerate real-world adoption of neuro-symbolic AI, combining the power of OriginTrail Decentralized Knowledge Graph (DKG) and SingularityNET’s specialized marketplace for Large Language Models (LLMs) and other AI models.”

Both organizations will also engage in collaborative marketing and social media efforts to promote their partnership and the innovations it brings to the blockchain world, the AI industry, and the intersection of these two sectors. The two partners are also mutually exploring and plan to integrate AI services into Trace Labs’ DKG and paranets.

The partnership is about working together today to solve the challenges of tomorrow; synergizing blockchains and knowledge graphs for safe, verifiable AI that emphasizes secure and privacy-preserving mechanisms for user authentication and authorization within the knowledge layer, and ultimately ensuring all data processing by users is rooted in their consent.

About SingularityNET

SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive and beneficial Artificial General Intelligence (AGI). An AGI is not dependent on any central entity, is open to anyone and is not restricted to the narrow goals of a single corporation or even a single country. The SingularityNET team includes seasoned engineers, scientists, researchers, entrepreneurs, and marketers. Our core platform and AI teams are further complemented by specialized teams devoted to application areas such as finance, robotics, biomedical AI, media, arts and entertainment.

About OriginTrail

OriginTrail is an ecosystem building a Verifiable Internet for AI, providing an inclusive framework that tackles the world’s challenges in the AI era, such as hallucinations, bias, and model collapse, by ensuring the provenance and verifiability of data used by AI systems. OriginTrail is used by global leaders like the British Standards Institution, Swiss Federal Railways, Supplier Compliance Audit Network (SCAN), representing over 40% of US imports and several consortia funded by the European Union among others. Advised by Turing award winner Dr. Bob Metcalfe, renowned for his law of network effects, the Trace Labs team (OriginTrail core developers) plays a crucial role in promoting a more inclusive, transparent, and decentralized AI.

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Blockchain

Caldera launches Guardian Nodes, creating a new path for teams to raise funds and decentralize their network

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  • Rollup-as-a-Service platform Caldera is launching Guardian Nodes, a production-ready node system that enables network users to verify rollup blocks for rewards.
  • HYCHAIN, the first team to leverage this system with Caldera, generated $8 million from their initial node sale.

Caldera, the leading Rollup-as-a-Service (RaaS) platform, currently powers over fifty EVM rollups (including Manta, Injective inEVM, Kinto, HYCHAIN, Treasure, and ApeChain) that secure ~$1B in total value locked.

Along with their core rollup infrastructure, Caldera offers a catalog of over 50 integrations across the modular stack and an assortment of other custom user-facing tools for chains to leverage.

Guardian Nodes are the latest addition to that list.

The Background

Today, the majority of L1 blockchains operate using a proof-of-stake model, where a chain’s participants are incentivized via network rewards to lend their stake and validate the chain.

This incentive structure fosters decentralization by encouraging individual stakers to operate honest validators, while punishing those who don’t, making for an extremely high cost to attack a network and compromise its security.

Decentralizing Rollups

EVM rollups have all but solved the scalability problem, with L2s and L3s on Ethereum enabling virtually infinite scale. But, there’s still no incentive for honest network participants to monitor these rollups.

Caldera’s Guardian Nodes allow teams to decentralize their rollups by enabling users to verify blocks and secure the network in exchange for rewards. Under the hood, this is accomplished by introducing a novel “light verifier” to Arbitrum rollups that allows Guardian Node operators to verify Nitro batches on everyday hardware without needing to run a full node.

Teams can launch Guardian Nodes to their users through a “Node Sale”, which distributes “keys” that authenticate a node’s eligibility to submit claims and earn rewards, granting purchasers the ability to operate a Guardian Node on a given rollup.

HYCHAIN, the first team to leverage this system, raised over $8m across 16,000+ node keys in just 2 weeks, completely supercharging their community while generating significant revenue for their project.

By enabling more parties to watch over a rollup and identify malicious behavior, the network’s security grows more robust— a crucial step to establishing trust in the chain’s correctness. This in turn generates more demand for a rollup’s native token, which is required for users to participate in validation and helps provide practical cryptoeconomic security for the network.

Guardians Nodes are another notch in the belt of Caldera’s impressive infrastructure solution. With the success of HYCHAIN’s launch, we expect more teams building rollups to leverage this innovative product in the coming months.

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Blockchain

PlayFi Announces Exclusive Node License Presale on Polygon PoS Network to Empower Gaming Innovation

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PlayFi, an AI-powered data network and blockchain tailored for the gaming industry, today announced its plan to conduct an exclusive node license presale on Polygon PoS Network. This sale deployment on the Polygon network marks PlayFi’s entrance into the market, showcasing its commitment to integrating blockchain technology into the traditional gaming world.

“We believe that launching our node license presale on Polygon PoS points to a pivotal moment in how blockchain can play a role in creating renewed innovation in gaming,” said Franklin Mongiove, Head of Partnerships at PlayFi. “The blended vision of gaming and blockchain creates momentum where the two not only coexist, but can be used in tandem to create better gaming experiences. Our goal at PlayFi is to see cohesion among traditional gamers and game studios with web3, where instead of asking publishers to build on web3 rails, they build new layers with cutting-edge technology.”

Introducing PlayFi’s Modular Node License

As part of the presale, users on the Polygon PoS network will gain exclusive access to tier one pricing of PlayFi’s innovative modular nodes license, ahead of the tiered public sale coming later this summer. Node license holders will be eligible for rewards for helping run the PlayFi network by ingesting, validating and storing data from AAA and indie games in web2 and web3.

PlayFi will continue its synergy with the Polygon community by becoming the first zkSync hyperchain to join the AggLayer, creating innovation with cross-chain interactions for game builders and players.

The Technology Powering the Vision of PlayFi

PlayFi aims to revolutionize the gaming landscape by seamlessly integrating blockchain into gaming. Aimed at gaming enthusiasts, node runners, developers, and game studios, PlayFi facilitates a rich, web3-enhanced gaming experience without compromising the core gameplay of the world’s most popular games.

PlayFi enables features such as amateur esports, peer-to-peer competitions, and advanced marketplaces, scaling to meet the demands of over three billion gamers globally. It does this through two core components:

  • PlayChain: A secure, scalable, and cost-effective zkEVM blockchain specifically designed for the gaming industry. It facilitates fast transactions and enables innovative features for developers.
  • PlayBase: PlayBase is the AI-driven core of the PlayFi ecosystem, managing a decentralized network of nodes that process, validate, and store gaming data. It optimizes data uploading and inter-node communication through advanced AI technology, while a dual restaking mechanism using the $PLAY token secures the network and boosts participant incentives, ensuring robust network integrity and operational efficiency.

The PlayFi team is led by a 6x startup founder alongside builders who have impressive experience at Activision Blizzard, BumbleBear Games (developer of popular arcade game Killer Queen), Meta, BattleFly Game, and more.

About PlayFi

PlayFi is redefining gaming by integrating blockchain technology to enhance gameplay and community engagement. Through its cutting-edge PlayChain technology and AI-powered PlayBase network, PlayFi ensures a fast, secure, and scalable zkEVM blockchain solution, as well as optimal data processing and analysis tailored for the gaming industry. With a commitment to enhancing the gaming experience with web3, PlayFi is empowering developers, players, and studios across the globe to push the boundaries of innovation in an ever-evolving digital landscape and setting new standards in how games are played, developed, and monetized. For more information, visit playfi.ai.

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