Sports Metaverse company LootMogul is partnering with a leading sports marketing and commercial rights agency Six Sport, to support its strategic growth plans and expedite the adoption of blockchain gaming for sports organizations and athletes, delivering truly immersive sports fan experiences. Continue reading
Tag Archives: Blockchain
The Swiss financial industry has successfully traded and settled tokenized investment products
For the first time, key players in the Swiss financial industry successfully developed and tested a novel settlement mechanism for tokenized investment products on a public blockchain testnet infrastructure. A smart contract, developed by the Capital Markets and Technology Association (the CMTA), allows for streamlined processes, reduces complexity, raises security, and eliminates counterparty risks from trades. The CMTA’s proof of concept marks a milestone for the Swiss financial industry. Continue reading
As ether adopts energy-saving ‘merge’, will bitcoin follow?
- No. 2 cryptocurrency to adopt energy-saving protocol
- ‘The merge’ could cut ethereum’s power use by 99%
- Move seen piling climate pressure on bitcoin
By Avi Asher-Schapiro
LOS ANGELES, Sept 12 (Thomson Reuters Foundation) – Ethereum, the blockchain underpinning the world’s second-largest crypto token ether, is poised for a software upgrade that will slash the amount of energy it uses – a step that could pile pressure on bitcoin to take similar climate-friendly action. Continue reading
Africans turn to crypto as charity funding dwindles
- Fundraising via crypto, NFTs grows amid funding downturn
- Advocates say crypto donations faster, easier to access
- Challenges include internet, power access and gender gap
By Kagondu Njagi
NAIROBI, July 19 (Thomson Reuters Foundation) – A sculpture of a giant tap spewing plastic waste greeted delegates at U.N. environment talks in Kenya earlier this year – a reminder of the urgent need for them to agree a global pact to curb plastic pollution.