Archive for the ‘blockchains’ category: Page 14
Feb 4, 2022
This Huge Bet on Blockchain Could Change A $50 Trillion Industry
Posted by Derick Lee in categories: blockchains, business, energy
Blockchain may one day eliminate inefficiencies and lack of transparency in supply chains. While slow in coming, this revolution would benefit not only customers and brands, but the invisible” workers who power global trade.
#Blockchain #SystemShock #BloomberQuicktake.
Continue reading “This Huge Bet on Blockchain Could Change A $50 Trillion Industry” »
Feb 2, 2022
$323 million in ETH stolen from cross-chain protocol Wormhole
Posted by Genevieve Klien in categories: blockchains, climatology, cosmology, cryptocurrencies, engineering, environmental, finance
Ben RayfieldWeather control tech exists, to some extent. EMP weapons exist. If there was a 477 mile long lightning, it was probably either due to the sun or is a weapon or a terraforming experiment.
Quinn SenaAuthor.
GIPHY
Continue reading “$323 million in ETH stolen from cross-chain protocol Wormhole” »
Feb 1, 2022
Former Valve economist calls Facebook’s metaverse ‘a Steam-like digital economy’ with Zuckerberg as its ‘techno-lord’
Posted by Fyodor Rouge in categories: blockchains, economics, finance, surveillance
Yanis Varoufakis also discussed “pay-to-earn” and the blockchain’s long-term consequences.
Former Greek Finance Minister and one-time in-house economist at Valve, Yanis Varoufakis, gave a long and freewheeling interview to the website, the Crypto Syllabus, focusing on the blockchain, its potential and disappointments, and where it sits in the larger context of politics, surveillance, and economics.
Of particular note to PC Gamer readers is his description of his time with Valve. Varoufakis had access to Valve’s data on Steam’s nascent player-to-player marketplace in the early 2010s, which he used to advise the company and his own economics research. Describing Valve’s initial pitch to him, Varoufakis said:
Jan 31, 2022
I’ve seen the metaverse — and I don’t want it
Posted by Kelvin Dafiaghor in categories: blockchains, transportation
Ask 50 people what the metaverse means, right now, and you’ll get 50 different answers. If a metaverse is where the real and virtual worlds collide, then Instagram is a metaverse: you create an avatar, curate your image, and use it to interact with other people. What everyone seems to agree on, however, is that it’s worth money. Epic Games and the recently rebranded Facebook are investing billions a year in this idea. When Microsoft bought video game publisher Activision for $70bn last week, it was described as “a bet on the metaverse”.
The tech world seems to be leaning towards some kind of early 00s conception of wearing a VR headset and haptic suit and driving a flying car towards your perfect pretend mansion in a soothingly sanitised alternate reality, where you can have anything you want as long as you can pay for it. Look at Mark Zuckerberg’s now-infamous presentation of the future of his company, with its bland cartoonish avatars and emptily pleasant environments. It is the future as envisioned by someone with precious little imagination.
I do not deny that some people want this vision. Ready Player One was a runaway hit. But the metaverse as envisioned by the people currently investing in it – by tech billionaires such as Zuckerberg and Activision CEO Bobby Kotick, by techbro hucksters selling astonishingly ugly generative-art NFTs and using words like “cryptoverse” – can only be described as spiritually bereft. It holds no interest for me.
Jan 31, 2022
China names blockchain trial zones after its crackdown on cryptocurrencies
Posted by Genevieve Klien in categories: biotech/medical, blockchains, cryptocurrencies, finance, government
China has designated some cities and entities to trial blockchain applications, underscoring the importance Beijing is attaching to this particular technology.
In 2019, President Xi Jinping called on China to “seize the opportunities” presented by blockchain, giving his personal backing to the technology.
The Chinese capital Beijing and mega city Shanghai as well as Guangzhou in the south are all part of the pilot projects. Local government departments, universities, banks, hospitals, car companies and power firms are among the 164 entities chosen by China to carry out trial blockchain applications.
Jan 31, 2022
Google Cloud is hiring a legion of blockchain experts to expand its business
Posted by Raphael Ramos in categories: blockchains, business
Google/Alphabet is going into blockchain.
Google already provides services to blockchain companies such as Dapper Labs. It will be hiring experts to win more business in the emerging category.
Jan 25, 2022
Walmart Plans to Join the Metaverse With Its Digital Currency and NFTs
Posted by Gemechu Taye in categories: blockchains, cryptocurrencies
Jan 25, 2022
Innovation will drive the success of NFT gaming, not profit or hype
Posted by Shubham Ghosh Roy in categories: blockchains, cryptocurrencies, entertainment
No matter how big that number sounds, it isn’t much compared to standalone blockchain-based games. Axie Infinity, an NFT-focused video game developed on the Ethereum network, surpassed $1 billion in total trade volume in August 2021, perhaps the most prominent 30-day period in the history of NFTs.
With so much interest in NFTs, it’s only natural that developers have begun to develop the infrastructure necessary to handle what will undoubtedly become a massive secondary market for these assets. In addition, holders want real tangible benefits to holding NFTs, and in a crowded gaming market, new entrants need to differentiate to survive.
2022 is likely the year NFT games become more mainstream, especially now that many crypto investors own these assets. And real innovation, not just in NFTs but in gameplay and mechanics themselves, will be the driving force.
Jan 24, 2022
The Metaverse Is Money and Crypto Is King—Why You’ll Be on a Blockchain When You’re Virtual-World Hopping
Posted by Kelvin Dafiaghor in categories: augmented reality, blockchains, business, economics
Major brands are also getting into the NFT mix, including Dolce & Gabbana, Coca-Cola, Adidas, and Nike. In the future, when you buy a physical world item from a company, you might also gain ownership of a linked NFT in the metaverse.
For example, when you buy that coveted name-brand outfit to wear to the real-world dance club, you might also become the owner of the crypto version of the outfit that your avatar can wear to the virtual Ariana Grande concert. And just as you could sell the physical outfit secondhand, you could also sell the NFT version for someone else’s avatar to wear.