Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value.

DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate yield. Digital assets staked on other networks were left behind, unable to participate in the emerging DeFi ecosystem.

If those stakers wanted to access DeFi without introducing new capital, they needed to unstake and sell their investments to enter the market. That meant giving up on potential capital gains and staking rewards from those assets.

Singapore startup RAMP DeFi is now pioneering an alternative solution, opening up participation in the Ethereum-based DeFi ecosystem – without giving up the future benefits of other staked digital assets. It has attracted investment from Alameda Research, IOST, and Blockwater Capital, among others.

A Cross-Chain Liquidity On/Off Ramp

RAMP DeFi’s innovative decentralized protocol solution proposes that capital staked on non-Ethereum blockchains can be collateralized into a new stablecoin “rUSD” issued on Ethereum, acting as a bridge between non-ERC20 tokens and the Ethereum chain.

By lending/borrowing, bootstrapping stablecoin liquidity, and integrating with other DeFi solutions, rUSD holders can either deploy rUSD into higher yield generating opportunities or swap into USDT/USDC. This creates a seamless on/off ramp for users with staked capital on other chains to access DeFi without giving up future potential gains or rewards from the collateralized digital assets.

How Does It Work?

For each blockchain “X” integrated, a RAMP staking node and smart contract on blockchain X are set up to manage the assets. Token X is staked in the RAMP ecosystem to continue to receive blockchain X staking rewards.

A Wrapped Token X is then issued and used to collateralize and mint a blockchain X native stablecoin, xUSD. xUSD is based on a collateralization ratio similar to MakerDAO.

xUSD can then be swapped into the ERC20 rUSD stablecoin, using the on/off ramp cross-chain bridge. From there, rUSD can be deployed into yield farming opportunities or swapped directly for other stablecoins using decentralized liquidity pools.

A Broadening Ecosystem That’s Gaining Traction

RAMP DeFi’s liquid staking solution opens up an ecosystem of services, assets, and opportunities that is already beginning to gain traction:

rStake

rStake is the part of the ecosystem where non-ERC20 tokens are staked and wrapped tokens are issued to represent the ownership of the underlying assets. It is an aggregator of staking nodes on the participating blockchains, returning 70% of the staking rewards to the user, incentivizing participation through additional RAMP governance token rewards. The remaining staking rewards generate fees for the RAMP ecosystem to help with stability.

rStake has already launched integrations for the IOST, TomoChain, and Tezos blockchains.

rMint

rMint uses the wrapped tokens issued by rStake as collateral to mint a stablecoin for the respective X blockchain (xUSD). xUSD is then swapped into ERC20 rUSD to use in the Ethereum DeFi ecosystem, earning RAMP rewards in the process.

Early adopters include Elrond, NULS, and Solana for cross-chain DeFi farming.

Vaults

The Vaults utility platform for RAMP and rUSD allows holders to stake, farm, and participate in yield stacking opportunities.

rUSD can also be swapped for USDT/USDC directly, and Vaults can connect to existing solutions such as YFI, Uniswap, or Sushi.

rKeeper

rKeeper manages the conversion of liquidated assets into stablecoins for rUSD where necessary for value support or redemptions. rKeeper converts the value of liquidated assets into USDT/USDC at the equivalent rUSD originally minted.

The repurchase of rUSD by rKeeper only takes place when rUSD is less than 1:1 with USDT/USDC, creating stability for rUSD utility.

rBurn

The fees generated by rStake are used to buy back and burn RAMP, removing tokens from circulation. rBurn is designed as a “smart burn” mechanism that again helps provide stability for rUSD as an alternative stable coin and bridge to the Ethereum-based DeFi network.

Opening Up Defi To Non-ERC20 Tokens

RAMP DeFi introduces a solution with the potential to unlock over $30 billion in a previously illiquid staked digital asset sector, set to expand fourfold with the transition to Ethereum 2.0 alone.

The RAMP ecosystem represents exciting growth potential for DeFi, harnessing existing success while opening up further possibilities for ERC20 and non-ERC20 tokens to gain access to additional yield generating services. It frictionlessly connects a range of digital assets to the decentralized finance marketplace, across an increasingly interoperable space, boosting DeFi adoption as a result.

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Blockchain

Global Blockchain Market Report Incorporates Industrial Analysis, Market Trends, Consumption Analysis, And Future Market Prospects

Market Research Store has published the latest report on global Blockchain market that offers all the insightful data regarding complete market dynamics and statistics. This elaborative report is an advantage for the clients as it touches up on all the essential, historical, and latest market trends and valuation that is very much needed to understand the growth of the global Blockchain market.

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The market research report provides not only the historical data but also the future prospects that have an influence on the market growth rate. This report encompasses the market analysis scenario, pricing analysis, revenue, growth stimulators, and most importantly the statistical figures to assist in getting a clear picture of the market status on both the regional and global platform. Additionally, the regions such as North America (Canada, U.S., Rest of North America), Europe (UK, France, Italy, Germany, Spain, Rest of Europe), Asia Pacific (Japan, India, China, Southeast Asia, Rest of Asia Pacific), Latin America (Argentina, Brazil, Rest of Latin America), Middle East and Africa (South Africa, Rest of Middle East & Africa) are the key market attracters that exhibit the future market opportunities.

Furthermore, the global Blockchain market report offers a close look at the major market players through industrial scenarios, costing analysis, supply & demand chain, business strategies, and key market trends.

Some of the key industrial players mentioned in the Blockchain market report include Post-Trade Distributed Ledger, Blockchain Tech Ltd, IBM Corporation, R3, Ripple, Linux Foundation, Circle Internet Financial, Earthport, Global Arena Holding, Inc. (GAHI), Safello, Microsoft Corporation, Chain, Inc., BitFury, BTL Group, Abra, Inc, Eric Industries, Deloitte, Digital Asset Holdings.

Global manufacturing companies launch new products once in a few months and Marketresearchstore listed down information on the outcomes of the Blockchain Market:

Application and solution provider, Middleware provider, Infrastructure and protocols provider

There are categories based on the types of the products of the Blockchain Market. The product demand information given by the customer application and the report has data on it as well:

AI, Mobile applications, Machine learning, Others

The Blockchain market report provides an exhaustive market analysis using primary and secondary resources as well as few market analysis tools. Also, the noting of market share, revenue, key company profiles, geographical analysis, growth factors, and other competitive aspects make it easier for the clients to gain complete knowledge over the market status even during this pandemic situation. The global Blockchain market is set to bounce back from the COVID-19 crisis through the incorporation of various developments & innovations and industry policies by the industrial players. In the conclusion, the report covers all the fundamental and advanced information of the global Blockchain market.

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•    Holistic explanation of the commercial landscape and market competitiveness
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•    Substantial information regarding future Blockchain market scope and prospects
•    Option of customizing the report as per the data requirement

Key factors provided in the Blockchain market report:

•    In-depth analysis of the changing market dynamics and business strategies
•    Analysis of the latest development trends and historical evaluation for gaining better insight of the Blockchain market
•    Market valuation including share, revenue, and size is accurately penned down in the report
•    Impacts of the opportunities, challenges, risks, and growth drivers on the market growth rate over the forecast period

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tagg

Blockchain is currently one of the most talked-about technologies. Across industries, organizations are exploring blockchain’s potential impact in their space and how they can benefit from this emerging technology. The communications service provider (CSP) industry is no exception..cagr1 with growth trends, various stakeholders like investors, CEOs, traders, suppliers, Research & media, Global Manager, Director, President, SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization and others.

Get a sample copy of the Blockchain in Telecom market report 2021

Competitive Landscape and Blockchain in TelecomMarket Share Analysis
Blockchain in Telecom competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Blockchain in Telecomsales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2021, this study provides the Blockchain in Telecomsales, revenue and market share for each player covered in this report.

Blockchain in Telecom Market competition by Top Countries manufacturers/ Key player Data Profiled:

AWS,,Guardtime,,IBM,,Microsoft,,SAP,,Blocko,,Oracle,,Filament,,

And More……

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Market segmentation

Blockchain in Telecom Market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Blockchain in Telecom Market Segment by Type covers:

  • OSS/BSS Processes
  • Identity Management
  • Payments
  • Smart Contracts
  • Connectivity Provisioning
  • Others

    Blockchain in Telecom Market Segment by Applications can be divided into:

  • Applications 1
  • Applications 2
  • Applications 3

    Scope of the Blockchain in Telecom Market Report:

    • This report studies the Blockchain in Telecom market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Blockchain in Telecom market by product type and applications/end industries.The modularity provided by smart contracts enables various aspects of CSPs’ operations to be streamlined, including billing, roaming, wholesale, NFV management and supply chain management. In the context of roaming, blockchain’s benefits include faster identification of visiting subscribers, prevention of fraudulent traffic and claims reduction. In addition, the elimination of clearing houses could lead to significant cost reduction.The global Blockchain in Telecom market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Blockchain in Telecom.Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
    • This report focuses on the Blockchain in Telecom in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

    Fill the Pre-Order Enquiry form for the report @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12875846     

     Regional analysis covers:

    1. North America (USA, Canada and Mexico)
    2. Europe (Germany, France, UK, Russia and Italy)
    3. Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    4. South America (Brazil, Argentina, Columbia etc.)
    5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    The report provides an in-depth knowledge of the Global Blockchain in Telecom market scenario:

    • Market Overview
    • Market Analysis by Regions
    • Market Dynamics & Companies Profiles, Business Overview
    • Data Source
    • Research Findings and Conclusion
    • Market trends & developments
    • Company profiles of leading companies

    Other Major Topics Covered in Blockchain in Telecom market research report are as follows:

    • Marketing Strategy Analysis, Distributors/Traders included in Blockchain in Telecom Industry:
    • Market Effect Factors Analysis
    • Industrial Chain, Sourcing Strategy and Downstream Buyers in Blockchain in Telecom Market
    • Manufacturing Expenses
    • Market Drivers and Opportunities
    • Market Size (Value and Volume) analysis of Blockchain in Telecom Industry
    • Conclusion of the Blockchain in Telecom Industry.
    • New Project Investment Feasibility Analysis of Blockchain in Telecom.
    • Marketing Trader or Distributor Analysis of Blockchain in Telecom

    And another component ….

    The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Blockchain in Telecom market in 2025 is also explained. Additionally, type wise and application wise consumption tables and figures of Blockchain in Telecom market are also given.

    Global Auger Feeders Market Size 2021 provides exclusive vital statistics, data, information, trends and competitive landscape details in this sector, Research Analysis Report, Future Growth by 2026

    Global Autonomous Emergency Braking (AEB) Market Size 2021 Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies Future Growth by 2026

    Global Car Brake Rotor Market Size 2021 provides exclusive vital statistics, data, information, trends and competitive landscape details in this sector, Research Analysis Report, Future Growth by 2026

    Global Sanitary Membrane Filtration Market report is segmented into several key countries, with market size, growth rate, import and export in these countries from 2021 to 2026

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    Global Pump Filling Machine Market Size 2021 dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities, strategies, growth rat Future Growth by 2026

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    IoT and Blockchain Market is anticipated to discover Robust Growth by 2026. This report focuses on the leading key players with global perspective with a professional and in-depth study on the current state of IoT and Blockchain Industry. IoT and Blockchain market research report provides important market strategies and Latest trends with discussion of market consumption, major drivers, restraints and market share forecasted to 2026.

    The IoT and Blockchain Market Report further describes detailed information about tactics and strategies used by leading key companies in the IoT and Blockchain industry. It also gives an extensive study about different market segments and regions.

    The IoT and Blockchain market report provides answers to the following key questions:

    • What will be the IoT and Blockchain market size and the growth rate in the coming year?
    • What are the main key factors driving the global IoT and Blockchain market?
    • What are the key market trends impacting the growth of the global IoT and Blockchain market?
    • Which are Trending factors influencing the market shares of the top regions across the globe?
    • Who are the key market players and what are their strategies in the global IoT and Blockchain market?
    • What are the market opportunities and threats faced by the vendors in the global IoT and Blockchain market?
    • What industrial trends, drivers and challenges are manipulating its growth?
    • What are the key outcomes of the five forces analysis of the global IoT and Blockchain market?
    • What is the impact of Covid19 on the current industry?

    Download Exclusive Free Sample PDF: 
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    The IoT and Blockchain Market report provides basic information about IoT and Blockchain industry, definition, classification, application, industry chain structure, industry overview; international market analysis. This report studies sales (consumption) of IoT and Blockchain market, focuses on the top players, with sales, price, revenue and market share with volume and value for each region.

    Top Key Players in IoT and Blockchain market:

  • Amazon
  • Ethereum Foundation
  • Filament
  • Intel
  • Microsoft
  • The Linux Foundation
  • Cisco Systems
  • Iotex
  • IBM
  • KrypC
  • Factom

    IoT and Blockchain Market on the basis of Product Type: 

  • Hardware
  • Software

    IoT and Blockchain Market on the basis of Applications: 

  • Smart Contract
  • Data Security
  • Data Sharing/Communication
  • Asset Tracking & Management

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    IoT

    Impact of COVID-19: 

    IoT and Blockchain Market report analyses the impact of Coronavirus (COVID-19) on the IoT and Blockchain industry.
    Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the IoT and Blockchain market in 2020.

    The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.

    COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

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    Industrial Analysis of IoT and Blockchain Market:

    IoT

    Key Questions Answered in this Report:

    What is the market size of the IoT and Blockchain industry?
    This report covers the historical market size of the industry (2013-2019), and forecasts for 2020 and the next 5 years. Market size includes the total revenues of companies.

    What is the outlook for the IoT and Blockchain industry?
    This report has over a dozen market forecasts (2020 and the next 5 years) on the industry, including total sales, a number of companies, attractive investment opportunities, operating expenses, and others.

    What industry analysis/data exists for the IoT and Blockchain industry?
    This report covers key segments and sub-segments, key drivers, restraints, opportunities, and challenges in the market and how they are expected to impact the IoT and Blockchain industry. Take a look at the table of contents below to see the scope of analysis and data on the industry.

    How many companies are in the IoT and Blockchain industry?
    This report analyzes the historical and forecasted number of companies, locations in the industry, and breaks them down by company size over time. Report also provides company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness and market capitalization.

    What are the financial metrics for the industry?
    This report covers many financial metrics for the industry including profitability, Market value- chain and key trends impacting every node with reference to company’s growth, revenue, return on sales, etc.

    What are the most important benchmarks for the IoT and Blockchain industry?

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    FOR ALL YOUR RESEARCH NEEDS, REACH OUT TO US AT:
    Address: 6400 Village Pkwy suite # 104, Dublin, CA 94568, USA
    Contact Name: Rohan S.
    Email:[email protected]
    Phone: +1-909-329-2808
    UK: +44 (203) 743 1898

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    The latest Blockchain in Supply Chain market report estimates the opportunities and current market scenario, providing insights and updates about the corresponding segments involved in the global Blockchain in Supply Chain market for the forecast period of 2020-2026. The report provides detailed assessment of key market dynamics and comprehensive information about the structure of the Blockchain in Supply Chain industry. This market study contains exclusive insights into how the global Blockchain in Supply Chain market is predicted to grow during the forecast period.

    The primary objective of the Blockchain in Supply Chain market report is to provide insights regarding opportunities in the market that are supporting the transformation of global businesses associated with Blockchain in Supply Chain. This report also provides an estimation of the Blockchain in Supply Chain market size and corresponding revenue forecasts carried out in terms of US$. It also offers actionable insights based on the future trends in the Blockchain in Supply Chain market. Furthermore, new and emerging players in the global Blockchain in Supply Chain market can make use of the information presented in the study for effective business decisions, which will provide momentum to their businesses as well as the global Blockchain in Supply Chain market.

    Download Exclusive Free Sample copy on Blockchain in Supply Chain Market is available at https://inforgrowth.com/sample-request/6907724/blockchain-in-supply-chain-market

    The study is relevant for manufacturers, suppliers, distributors, and investors in the Blockchain in Supply Chain market. All stakeholders in the Blockchain in Supply Chain market, as well as industry experts, researchers, journalists, and business researchers can influence the information and data represented in the report.

    Blockchain in Supply Chain Market 2020-2026: Segmentation

    The Blockchain in Supply Chain market report covers major market players like

  • AccentureIBMMicrosoftSAPAWSHuaweiOracleGuardtimeTibco SoftwareAuxesis GroupBTL GroupBitfuryOmnichainVechain FoundationChainvineBlockverifyNodalblockPeer LedgerOpenxcellApplied BlockchainRecordskeeperTranschainDatex CorporationOwnestT-MiningDTCODeloittePrimechainVeemRipple

    Blockchain in Supply Chain Market is segmented as below:

    By Product Type:

  • Counterfeit DetectionPayment & SettlementProduct TraceabilityRisk & Compliance ManagementOthers

    Breakup by Application:

  • Retail and Consumer GoodsHealthcare and Life SciencesManufacturingOil and GasLogistics

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    Impact of COVID-19: 
    Blockchain in Supply Chain Market report analyses the impact of Coronavirus (COVID-19) on the Blockchain in Supply Chain industry.
    Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Blockchain in Supply Chain market in 2020.

    The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.

    COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

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    Blockchain

    Global Blockchain in Supply Chain Market Report Answers Below Queries:

    • What is the market size in various countries throughout the world?
    • What are the market size, share and market growth opportunities for Blockchain in Supply Chain Market?
    • What will be the business development opportunities in the upcoming years?
    • What are the current trends & competition in Blockchain in Supply Chain Market?
    • Which are the main key companies involved in Blockchain in Supply Chain market & what are their strategies?

    To know about the global trends impacting the future of market research, contact at: 
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    Industrial Analysis of Blockchain in Supply Chain Market:

    Blockchain

    Key Questions Answered in this Report:

    What is the market size of the Blockchain in Supply Chain industry?
    This report covers the historical market size of the industry (2013-2019), and forecasts for 2020 and the next 5 years. Market size includes the total revenues of companies.

    What is the outlook for the Blockchain in Supply Chain industry?
    This report has over a dozen market forecasts (2020 and the next 5 years) on the industry, including total sales, a number of companies, attractive investment opportunities, operating expenses, and others.

    What industry analysis/data exists for the Blockchain in Supply Chain industry?
    This report covers key segments and sub-segments, key drivers, restraints, opportunities and challenges in the market and how they are expected to impact the Blockchain in Supply Chain industry. Take a look at the table of contents below to see the scope of analysis and data on the industry.

    How many companies are in the Blockchain in Supply Chain industry?
    This report analyzes the historical and forecasted number of companies, locations in the industry, and breaks them down by company size over time. The report also provides company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness, and market capitalization.

    What are the financial metrics for the industry?
    This report covers many financial metrics for the industry including profitability, Market value- chain and key trends impacting every node with reference to company’s growth, revenue, return on sales, etc.

    What are the most important benchmarks for the Blockchain in Supply Chain industry?
    Some of the most important benchmarks for the industry include sales growth, productivity (revenue), operating expense breakdown, the span of control, organizational make-up. All of which you’ll find in this market report.

    FOR ALL YOUR RESEARCH NEEDS, REACH OUT TO US AT:
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    Phone:
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    BayPay’s Founder and CEO Scofield Yeh is positioning his company to reap the benefits of growth in the token economy. He said that, despite the fact that blockchain-related businesses are growing faster than the rest of the economy, only about 0.3 percent of global commerce happens on “chain” today.

    “Regulatory complexity, a byzantine global financial system, and a shortage of engineers are constraining the impact of the token economy. Removing the barriers to token commerce helps more new businesses get started, expedites growth for existing companies, and increases economic output and trade globally. BayPay combines a payments platform with applications that put blockchain data at the heart of business operations,” Yeh said.

    “Businesses of every size, from new startups to public companies, use our software to accept payments and manage their token businesses on chain,” he said.

    He said that sitting atop BayPay’s blockchain platform are applications like the token, wallet, and cashier, which manage the lifecycle of the blockchain and deposit money into user bank accounts anywhere. BayPay includes a powerful API engine that makes transferring asset ownership easy. “Our SaaS (Software as a Service) infrastructure provides reliability, scalability, and security,” said Yeh.

    NO-KEY

    BayPay said that the biggest obstacle for users to enter the blockchain world is concerns related to establishing a wallet of their own such as managing private keys and remembering recovery phrases. By separating the two roles of identity authentication and authorization, BayPay allows users to use wallets as easily as using Gmail. It also allows companies to integrate token services into existing products to provide consistent user experiences.

    NO-FEE

    Yeh said the tokens issued by BayPay support the payment of fees by designated service providers, making it as easy for consumers as using ordinary points. “All transactions have costs. For example, the use of VISA cards incurs a fee charge of about 2%. Also, when the transaction fee is determined by the consumer and paid by the consumer using a token, it will confuse and inconvenience consumers. This is the current state of the token economy,” he said.

    PAY-AS-YOU-GO

    BayPay cloud service provides hundreds of application programming interfaces to assist your token economy operations as well as dozens of third-party integrated applications that help enterprises operate, including vouchers, discount coupons, gift certificates, meal coupons, redemption coupons, points, loyalty programs, and much more. The best part is that services are priced based on usage, without expensive program development costs and lengthy launch times.

    Yeh noted that there are several ways to leverage BayPay. For example, it allows merchants, even those without blockchain knowledge such as POS retailers and e-commerce websites, to accept tokens as cash or to drop a link through chat or a Facebook post.

    BayPay also helps ICO issuers improve the liquidity of their tokens. “Users can set the buyback price of their tokens and we will collect the tokens for them. There is no need to allocate manpower to work with your vendors and no more marketing subsidies need be spent on low-impact efforts.”

    The company’s E2E also helps customers aggregate their spending power from separate sources and transfer their assets to whomever they want through the wallet. “No annoying private keys like with other wallets. All of the assets on BayPay are safeguarded by a hardware key vault.” Moreover, the B2B helps enterprises create stable coins as checks and deposit cash to their clients. This reduces the cost of accounting by adopting the distributed ledger services of blockchain. The innovative services of BayPay have earned the company selection by Taiwan Tech Arena (TTA) as one of the 100 featured Taiwanese startups showcased at CES 2021.

    BayPay’s Founder and CEO Scofield Yeh is an experienced chief technology officer with specific skills in operations management, IT service management, business model development, management, and accounts management. Yeh is a strong information technology professional. He earned his executive master of Business Administration (EMBA) focused on entrepreneurship from National Taiwan University.

    CES 2021 TTA-VR Pavilion: https://pse.is/3b64xu

    SOURCE BayPay



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    Digital art image of the Ethereum cryptocurrency
    Image Credit: Supplied

    Dubai: CanETH Staking Services, a Canada based institutional-grade staking service for Ether, which is backed by Khurram Shroff, Chairman of the Dubai based IBC Group, placed the winning bid for the Non-Fungible Token (NFT) for the digital art image of the Ethereum cryptocurrency. The NFT, of an undisclosed amount, has been donated to Artcryption, a Blockchain platform, which sells, licenses, protects, stores and manages intellectual property rights for art. The proceeds are going to a fundraiser for the SickKids Foundation, organized by Toronto based fiat to crypto trading platform VirgoCX.

    PW_190301_HOLIDAYHOME_CORONAVIRUS_KHURRAM-1583060919554
    Khurram Shroff, Chairman IBC Group & Gallery Suites
    Image Credit: Supplied

    “The entire process, from bid to donation, is a perfect example of using the flexibility and potential of Blockchain and cryptocurrencies, in the service of a worthy cause”, says Khurram Shroff. “The multiple entities involved, including CanETH Staking Services, VirgoCX and Artcryption, are all actively propagating unique and innovative implementations of Blockchain technology. We are delighted to have been part of this initiative. It not only showcases some of the many diverse possibilities empowered by Blockchain technology, but has also raised funds for research, clinical care and compassionate initiatives through the SickKids Foundation”.

    Digital artist Richard Haderer, known as MrY in the Crypto-Art world and the creator of the artwork donated by CanETH staking services, also endorsed the sale. “I’m really happy that this artwork found its way to a good cause”, Richard said. “CryptoArt, or artwork that is tokenized as NFT on the Blockchain, are a great way to create value and safety for artists and creators. It is the way art is collected in the 21st century”.

    The online crypto fundraiser was organized by VirgoCX, one of the leading fiat to cryptocurrency trading platforms in Canada, by exchanging cryptocurrency into cash donations, as well as a virtual benefit concert on Dec. 17, 2020, and a 7-day online charitable auction. A non-fungible token, for a digital representation of the Ethereum symbol, was donated the auction by 3iQ Corp, Canada’s largest Bitcoin and digital asset fund manager. As the winner of the auction for the NFT, CanETH Staking Services has donated the token to ArtCryption, an Ontario Canada based Blockchain platform that secures intellectual property rights for art and limited editions, founded by crypto entrepreneur Vandana Taxali.

    “Blockchain has the potential to transform virtually all human activities, interactions and transactions through infallible records and security, and this online fundraiser is an example of how these applications can extend far beyond cryptocurrency or digital contracts. Our participation in the online auction is emblematic of our belief in the power of technology to make a positive difference to our world”, Mr Shroff concludes.



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    Chainlink and Aave, two major DeFi-related cryptocurrencies, are surging strongly in tandem with Bitcoin.

    Aave surpassed $200 for the first time in history, solidifying its position as the fourth-largest DeFi token behind Uniswap (UNI).

    Chainlink keeps its position as the biggest DeFi token by market capitalization, valued at around $9 billion.

    Why are Chainlink and Aave outperforming the rest of the market?

    In recent months, the DeFi space has seen a clear increase in demand and mainstream interest.

    Earlier this week, billionaire investor Mark Cuban talked about Aave in a tweet that surprised many.

    Cuban noted that moving funds through Aave is “crazy expensive” due to the gas costs on Ethereum.

    To use DeFi protocols, like Aave, users need to process transactions through the Ethereum blockchain network.

    Since Ethereum is decentralized, it processes information via smart contracts. Hence, for every transaction, users have to send a transaction fee in the form of “gas.”

    Recently, the cost of gas has increased massively due to the overwhelming demand for Ethereum. Pinpointing the clogged Ethereum network, Cuban wrote:

    “Except the gas is always an issue. Just the cost of moving crypto to AAVE is crazy expensive and the number of non crypto options will increase.”

    Many industry executives stated that Cuban’s interest in Aave shows that DeFi has become mainstream throughout the past 12 months.

    The total value locked in DeFi has surpassed $23 billion, consistently reaching a new all-time high.

    Chainlink is a blockchain network that specializes in oracles. Oracles are crucial to DeFi protocols because oracles provide valuable market and price data to Defi platforms.

    Hence, Chainlink and Aave are likely to benefit the most from a rapidly-growing DeFi market.

    What’s next?

    According to a cryptocurrency trader known as “Cantering Clark,” a $30 target for Chainlink in the foreseeable future is quite conservative. He wrote:

    “The last break paused for a moment before ripping up 80% before any significant correction. Break of an ATH is a green light for strength. Expect a delay in follow-through always. I think a 30$ $LINK soon is clearly conservative.”

    link chainlink
    The price chart of Chainlink. Source: LINKUSD on TradingView.com, Cantering Clark

    However, some argue that the upside potential of Chainlink is limited relative to other DeFi tokens given its $9 billion valuation. Other major DeFi protocols are still valued under $2 billion.

    In the near term, other core pillars of DeFi, such as Synthetix and SushiSwap, are likely to be the next strongly-performing DeFi tokens after Aave and Chainlink.

    SushiSwap, for instance, has seen a massive spike in price after seeing a sharp increase in trading volume following a “merger” with Yearn.finance.

    Posted In: Analysis, DeFi

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    Norilsk nickel melting shop

    Norilsk Nickel, a Russia-based metals company, has announced it backs IBM’s Responsible Sourcing Blockchain Network (RSBN), which supports responsible sourcing and production in mining.

    • The Russian nickel and palladium mining company said it would use RSBN to share data with selected members and keep a supply chain record of mineral production.
    • The agreement would include the creation of metal-backed tokens on the global Atomyze platform that represents physical assets in digital form.
    • The RSBN and Atomyze platforms have been built on IBM blockchain technology and powered by the Linux Foundation’s Hyperledger Fabric.
    • By joining the RSBN, Nornickel has agreed to have its supply chains audited annually against key responsible-sourcing requirements by RCS Global.
    • “We believe that the digital technologies of RSBN and Atomyze will create the path for Nornickel and its partners to participate in a circular value chain, tracing commodity flows in near real-time as well as replacing cumbersome paperwork,” said Anton Berlin, Nornickel’s vice president of sales and distribution.
    • In December 2019, one of the largest cobalt producers, Glencore PLC, joined the RSBN, announcing it would use RSBN’s Hyperledger Fabric platform for its cobalt production and become a full consortium member.

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    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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    Bicoin

    Batun kuɗin intanet na Bitcoin ya sake dawowa a tsakanin jama’a. Masu kutse na neman ha’intar jama’a a shafukan Tuwita da sauran shafukan sada zumunta, inda suke neman mutane su aika musu nau’in kuɗin ta hanyar amfani da shafukan manyan mutane.

    Yayin da muka saba da amfani da kuɗin intanet wajen kashe su da kuma karɓar su, har yanzu wasu kuɗin intanet kamar Bitcoin na da sarƙaƙiya ga jama’a.

    Ta hanyar yin tambaya da bayar da amsa, mun zanta da Dr William John Knottenbelt, Daraktan Cibiyar Bincike Kan Kudin Intanet na Kwalejin Imperial, domin ya taimaka mana wajen fahimtar kuɗin intanet na Bitcoin.

    Mene ne Bitcoin, sannan ya ake amfani da shi?



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