PRESS RELEASE. Geneva, Switzerland, March 13, 2024 – TRON DAO is glad to announce the integration with Amazon Web Services (AWS). This integration introduces the TRON Full Node on AWS, enabling users and developers to launch a TRON Full Node with unparalleled ease and efficiency. Seamless Full Node Deployment on AWS Through this integration, launching […]
Bitcoin News
TRON Integrated With Amazon Web Services to Accelerate Blockchain Adoption
PRESS RELEASE. Geneva, Switzerland, March 13, 2024 – TRON DAO is glad to announce the integration with Amazon Web Services (AWS). This integration introduces the TRON Full Node on AWS, enabling users and developers to launch a TRON Full Node with unparalleled ease and efficiency. Seamless Full Node Deployment on AWS Through this integration, launching […]
Bitcoin News
TRON Network Integrated With Token Terminal
PRESS RELEASE. Zürich, Switzerland, March 13, 2024 – TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboration promises to transform the way investors and analysts access and leverage TRON’s data. Token Terminal’s Data Partnership is a comprehensive on-chain data analytics service […]
Bitcoin News
Study: Only 6% of Crypto Exchanges Integrated the Lightning Network
A new research study has partly attributed the growth in the use of bitcoin “as a transactional layer” to the increased number of crypto platforms that have joined the Lightning Network ecosystem. The study however found that just over 6% of centralized crypto exchanges have integrated the layer 2 protocol with their respective platforms.
Record Increase in Bitcoin’s Quarterly Transactions
According to the findings of new market research conducted by Kaminari, the use of bitcoin “as a transactional layer” has grown steadily in the past few years. The research points to the 40 million transactions settled in Q3 of 2023 as evidence.
Kaminari’s findings report that the introduction and growing adoption of the Lightning Network (LN) by crypto exchanges and other platforms is one of the reasons behind the crypto asset’s record increase in quarterly transactions. The market research data indicates that the number of companies in the LN ecosystem has grown from 94 in October 2021 to 179 companies spread across 28 categories.
Centralized cryptocurrency exchanges have been the main driving force behind the increased use of the LN — the so-called layer 2 payment protocol built on the Bitcoin blockchain. Top crypto exchange platforms, such as Binance, Okx, and Bitstamp, are some of the more prominent entities that recently joined the Lightning Network ecosystem.
However, while they are touted as a potential catalyst in the further adoption of the Lightning Network, just over 6% of centralized crypto exchanges have integrated the layer 2 protocol with their respective platforms.
“There are currently 224 active centralized crypto exchanges, 14 of which are connected to the Lightning Network – in other words, only 6% of crypto exchanges currently use the Lightning Network to conduct transactions with Bitcoin,” the Kaminari market research report said.
Stablecoins on the Lightning Network
Market research has also found that crypto wallets, both custodial and non-custodial, are another key growth vector for the Lightning Network (LN). However, just like centralized crypto exchanges, the majority of crypto wallets are yet to integrate the LN. So far, only two of the top 10 most popular wallets by user count, Exodus and Bitpay, have embraced Layer 2, the report revealed.
Meanwhile, the research report predicts the forthcoming RGB — a client-side validated state and smart contracts system operating on Layers 2 and 3 of the Bitcoin ecosystem — and Taproot Assets protocols as undertakings which “will enable the creation of stablecoins compatible with the Lightning Network.” The report added:
“This presents an opportunity for a significant migration of USDT transactions from Tron and Ethereum to the Lightning Network, potentially involving billions of dollars daily.”
What are your thoughts on this story? Let us know what you think in the comments section below.
Bali Social Integrated – The Power of Blockchain and Tourism 2.0
The success of any project depends upon the roadmap it takes to achieve its milestones. From security audit to token sale, every milestone plays a vital part in deciding the popularity and success of the token. Bali Social Integrated, a blockchain-based tourism platform has taken the right approach from launching its token on Uniswap to getting audited by SlowMist.
Bali Social Integrated has taken upon itself to optimize the global tourism industry by integrating blockchain to reduce operational and transactional costs. The platform takes a decentralized approach to improve the customer experience for global travelers and ensure a relaxing and enjoyable experience.
Bali Social Integrated – the technology disruptor!
Bali Social Integrated aims to eliminate the intermediaries that charge exorbitant amounts of transaction and convenience fees from the tourism industry. As blockchain has the inherent advantage of removing intermediaries, Bali Social Integrated uses it to create a global platform where travelers and service providers can interact directly.
Bali Social Integrated uses a $BSI token, an ERC-20 token to create a blockchain-powered payment network to facilitate cross-border transactions without fiat conversion fees. $BSI token acts as the lifeline for the entire Bali Social Integrated ecosystem.
$BSI Token
The $BSI Token is a crypto token designed to empower the payment network of Bali Social Integrated. It seamlessly integrates with Viaje Network to create a solid payment network that can be used to make daily payments across the entire network of affiliated stores.
However, the $BSI Token also has unique use cases such as booking airline tickets, hotel booking, renting electric vehicles, etc. Also, by investing in $BSI Tokens, the investors can get the front-row seat to witness the growth of the best blockchain-powered tourism platform.
Token sale
The $BSI token is going live on Uniswap on August 23rd at 15:00 GMT +7. This is the first-ever public chance for investors to get hold of $BSI Tokens, and Bali Social Integrated chose the best crypto exchange for the listing.
Following the launch, Investors can get their hands on the revolutionary $BSI token on the BSI website with the fixed price of per BSI token. Also, the company has incentivized purchasing the $BSI token on the website with the following benefits. Investors can purchase $BSI token for 0.00032 ETH and withdraw the tokens from their wallet on August 27th.
- Buy BSI Token with 0,1 ETH bonus 5%
- Buy BSI Token with 0,5 ETH bonus 10%
- Buy BSI Token with 1 ETH bonus 15%
To avail of these benefits and bonuses, the user must purchase the token from the official website. Also, the total token rewards of 300,000 BSI tokens for investors who purchase $BSI tokens on the website.
Link to buy $BSI Token: https://bsin.io/
Smart Contract Audit by SlowMist
SlowMist is a popular blockchain ecosystem security platform that tests and certifies promising blockchain projects. Bali Social Integrated earlier got its Smart Contracts audited by SlowMist on Feb 26, 2021.
Bali Social Integrated passed all the tests and was considered safe and secure for transactions. The detailed report for the Audit is available here.
In conclusion, Bali Social Integrated is a revolutionary platform that is taking all the correct steps to ensure a prosperous and sustainable future. With the $BSI token going live on Uniswap, it is sure to make waves in the blockchain-powered tourism industry.
How Bitcoin And NFTs Could Be Integrated To e-Bay’s Platform
In an interview for CNBC’s Squawk Box, eBay’s CEO Jamie Iannone talked about the possibility of integrating Bitcoin and crypto payments into their platform. BTC and other digital assets have seen an unprecedented wave of adoption from institutions, companies, and payment platforms during the last year and the popular e-commerce website seems to want in into the growing trend.
With over 187 million customers, e-Bay is looking to explore new payment mechanisms to give their buyers more choice when making purchases. Iannone said that Google Pay and Apple have been integrated and cryptocurrencies payments, such as Bitcoin, might be the next logical step for the platform. Iannone added:
One of the greatest things about our manage payment is that we are expanding the types of payment that we take (…). We will continue to look at other options like cryptocurrency.
In separate statements for Reuters, Iannone said that e-Bay is always looking to adopt the “most relevant forms of payment”. However, he claims they have no immediate plans to integrate crypto payments, a project which has been contemplated for at least 6 years. Iannone reiterated that the company will keep a “close eye” on this option.
Bitcoin trades at ,842 with sideways movement in the lower timeframes. In the weekly chart, the cryptocurrency has seen a significant recovery from last week’s crash with an 18.1% profit. In contrast, the 30-day chart registers a 2.1% loss.
Bitcoin, NFTs And Their Expansion Into Mainstream Platforms
Ebay’s CEO was more interested in exploring non-fungible tokens (NFTs) to leverage these types of assets. Iannone believes that its platform will be an adequate place to transact with NFTs due to its reputation as the go-to spot to purchase collectibles. He added:
This is the place where sellers come to get scale demands (…). We are looking at it (integrate NFTs) and exploring opportunities for how we can enable it on e-Bay in an easy way. When you think about collectibles, everything that has been collectible has been on e-bay for decades and will continue to be for the next few decades.
The company’s first priority, if they decide to offer NFTs, will be to “take out the friction in the experience” and make it “simpler” for users to transact with NFTs. This integration could be a corporate strategy to pick up more profits. As Reuters highlighted, e-Bay had a “weak second-quarter forecast” during last week.
Data from DappRadar suggests NFTs trade is on the decline, at least over the past month. Main marketplaces, such as OpeanSea and Rarible, recorded .12 million (-30.78%) and .78 million (-19.99%) respectively in trading volume for this period. The number of active traders on these platforms saw equal losses.
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DNotes Global Payment Network: The Power and Promise of Blockchain Integrated Invoicing
The post DNotes Global Payment Network: The Power and Promise of Blockchain Integrated Invoicing appeared first on DCEBrief.
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