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Built on the Ethereum Blockchain, the Benchmark Protocol aims to change the weak points of the DeFi space and connect traditional finance with the cryptocurrency market.The Inventor of the Benchmark DeFi project, a top Citibank executive, defines it as a “Supply Elastic Collateral and Hedging Device”. Accordingly, the protocol is
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Welcome to Forkast Forecasts 2021. In this series, leaders, innovators and other visionaries in crypto and blockchain-related fields tell Forkast.News what they see as the most noteworthy industry developments over the past 12 months and their predictions for the new year. Zee Zheng Zee Zheng is co-founder and CEO at SpaceChain, a
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It is hard to imagine that just two years ago, the general discourse around central bank digital currencies, or CBDCs, was mainly focused on the potential and possibility of issuing them. Even in 2019, the question was about whether we need state-owned cryptocurrencies, with only 70% of central banks worldwide
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On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops. On
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Today, a freshly-announced partnership between the music-focused blockchain protocol Utopia Genesis Foundation and digital securities issuance platform STOKR makes it clear that the two companies are looking to heat up competition in the increasingly crowded blockchain-backed music space.In a press release from Utopia Genesis, the company laid out a series
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Lau: It’s great to discuss this intergalactic opportunity, and just to be planted on Earth, we have to let the audience know your accomplishments and your significance in this space. You’ve contributed to some of the largest OSS projects (operations support systems) in the world, that essentially organize our bits
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Villanova University’s College of Engineering is sending a private Ethereum blockchain into space to test whether distributed ledger technology (DLT) can help satellites exchange data. Working in collaboration with the non-profit Teachers in Space, Villanova’s engineering school secured a flight for its blockchain on a Firefly Aerospace rocket slated for launch
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Decentralized finance coins based on Ethereum have undergone strong rejections over recent weeks. Nothing shows this as well
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Although blockchain is currently celebrated for being the foundation for DeFi and cryptocurrency systems like Bitcoin and Ethereum, the next big leap for this technology, experts say, may be in outer space. Possible ways that blockchain can be used in space include tokenizing spacecrafts and their payloads, crowdfunding space missions, tracking
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The United States Space Force has engaged blockchain firm Xage Security to develop a new security layer for its communications systems. Source
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