Blockchain & crypto news from India
Blockchain needs to address local and user-centric problems, and that’s the theme of this year’s Web3athon: A Hyperlocal, People-First Crypto Hackathon, organized by CoinDesk and CRADL. The finale of the 2-stage event that was launched during Consensus is scheduled for next week, with participants coming from 17 different time zones. A total of $500K in…
Malaysia is building its national blockchain – the Malaysian Blockchain Infrastructure – in association with MIMOS Technology Solutions, and Zetrix, a base layer blockchain developed by MYEG. The MoU for the proposed infrastructure was signed on October 6, 2022. MBI will be used for brining Web3 solutions and services from private as well as government…
When NFTs began selling for millions of dollars, a new industry was created in the crypto universe. The ongoing recessionary trend in worldwide markets have impacted this industry too, and at OpenSea, there was a drop of 99% between May-August this year, says DappRadar. If patents are an indication of signs of life and thriving,…
Speculative investments and cryptocurrency crashes are occasionally associated with blockchains. Some start-ups are attempting to implement Web3 use cases in Africa, such as getting unbanked individuals online and into a more centralized financial system. According to data from the Swiss Crypto Valley Venture Capital, or CV VC, while funding for African blockchain businesses raised $127…
A new generation of coins called Web3 crypto aims to realize Web3’s decentralized utopia. In order to give consumers ownership over their data and enable transactions without the use of intermediaries, they mix blockchain technology with smart contracts. What Exactly Is Web3? The third generation of the internet is often referred to as Web3. By…
The introduction of Web 3 will significantly impact how we utilize the internet. Gaming is one such arena that will be impacted by Web3. The Web3 objective is to make the internet a place to transfer digital assets in P2P environments and thus building new possibilities for both creators and users in the gaming industry. …
The birth of the internet can be traced down to Berners-Lee, a computer scientist at European researcher CERN. He was able to lay down the foundation of the web with three fundamental technologies and the first web page editor/browser was introduced – (“WorldWideWeb.app”): HTML: HyperText Markup Language, the markup or formatting language of the Web;…