protocol

COTI to Issue New Stablecoin on Cardano Network

COTI introduced a new algorithmic stablecoin called Djed for Cardano this weekend in an effort to expand decentralized finance (DeFi) on the network.Sponsored Sponsored The Djed stablecoin was announced at a Cardano Summit in Wyoming on Sept 26 by IOHK founder Charles Hoskinson. The enterprise-grade fintech platform COTI will be the official issuer of Djed which will use the new Cardano smart contracts to ensure price stability, the announcement added.Sponsored Sponsored Djed will be entering an already crowded stablecoin market that is dominated by Tether and USD Coin, however, its

Cardano ($ADA) Announces New Stablecoin Issuer, Hoskinson Calls it Game-Changer

Cardano ($ADA) blockchain is fast moving towards building its own decentralized ecosystem after the successful integration of smart contracts via Alonzo hardfork. During the ongoing Cardano Summit 2021, founder Charles Hoskinson announced COTI would be the official stablecoin issuer on the Cardano blockchain that would issue Djed stablecoins. At the #CardanoSummit2021 stage in Laramie, Wyoming @IOHK_Charles & @shahafbg announced that @COTInetwork would be the official issuer of #Djed, a new stablecoin for #Cardano https://t.co/ifm9S6WAz6 — Input Output (@InputOutputHK) September 26, 2021 advertisement Hoskinson believes the new kind of Djed stablecoins

Where to buy Terra before new upgrade sends LUNA price to the moon

Growing demand for UST saw LUNA price hit an all-time high this month, and it could easily achieve another after the Columbus 5 upgrade Terra (LUNA) has defied the downward trend prevalent in the rest of the crypto market by managing gains of 1.5% in the last 24 hours. With an important upgrade due at the end of the month which will enable the Terra ecosystem to expand, LUNA price could be headed for the moon. How & where to buy Terra in the UK and elsewhere With the ever-increasing

DSFR: Transforming retail and eCommerce sector using blockchain technology

Blockchain technology has been revolutionary in different sectors of the global economy, including finance, education, supply management and health. In addition, the innovative concepts of cryptocurrencies and their efficiency in creating fast, cheap cross-border transactions have expanded the potentials of blockchain technology.  The retail industry is a billion-dollar industry that has largely been unaffected by the impact of blockchain technology, despite the wide popularity of cryptocurrencies. However, an innovative blockchain platform, Digital Swiss Franc (DSFR), is looking to change this by modernizing the retail sector.  An innovative blockchain protocol  Digital

Trading Giant eToro Launches DeFi Portfolio

Multi-asset trading platform eToro has launched a portfolio offering clients exposure to decentralized finance (DeFi) projects.Sponsored Sponsored Announced on Sept 23, eToro’s “DeFiPortfolio” is an index-type investment comprised of 11 decentralized finance assets. These are Ethereum (ETH), Uniswap (UNI), Chainlink (LINK), Aave (AAVE), Compound (COMP), Yearn Finance (YFI), Decentraland (MANA), Polygon (MATIC), Algorand (ALGO), Basic Attention Token (BAT), and Maker (MKR).Sponsored Sponsored The new product offers an easy way to diversify and gain exposure to the decentralized finance ecosystem and automatically stay ahead of decentralized financial innovation through periodic rebalancing,

African Weather Balloon Project Uses Blockchain to Track Climate in West Africa

According to the findings of one study, nearly 91% of deaths from natural disasters recorded between 1970 and 2019 occurred in developing countries. This study adds that such a high number of deaths is largely due to a lack of early warning systems and disaster management protocols. Using Blockchain to Store Climate Data It has been shown that improvements in technology can help to lower the number of lives lost as a result of flooding or cyclones. Unfortunately for third world countries, their poor access to centralized data which is

TrustToken acquires EthWorks, Doubling Team Size for TrueFi Scale-Up

After recently raising +$12.5 million, the world’s leading collateral-free lending platform is joining forces with a globally recognized team of Web3 engineers and designers. San Francisco, California, September 2021—TrustToken, the team responsible for launching TrueFi, the leading unsecured lending protocol, and maker of popular stablecoins including TrueUSD, announces the acquisition of EthWorks, a leading Web3 development company with a deep portfolio of successful blockchain projects. The acquisition doubles TrustToken’s team size, quadruples the company’s technical talent, and brings in senior technical and design leadership to take TrustToken’s mission to the next level.

Prisma Analytics, Dell Technologies and CryptoDATA Tech will host the official launch of Edain utility token

Prisma Analytics, Dell Technologies and CryptoDATA Tech will host the official launch of Edain utility token Prisma Analytics GmbH, Dell Technologies, and CryptoDATA Tech have teamed up for an innovative project and announce the online launch of their utility token called EDAIN on September 29th, marking the start of the pre-sale period. The EDAIN launch event aims to raise awareness for decision-makers that seek to leverage data into actionable knowledge. It will be an exclusively online event, as it will be transmitted live on the Edain website starting 17:00 (UTC).