In the rapidly evolving world of blockchain technology, VeChain stands out not only for its innovative solutions but also for its recent groundbreaking partnership with the Ultimate Fighting Championship (UFC). This collaboration, first announced in 2022, has now entered a thrilling new phase: the integration of blockchain technology into UFC fighter gloves.
The Role of Blockchain…
Blockchain technology is typically associated with software applications, but as the space progresses hardware based on it is beginning to emerge. This move is designed to make distributed ledger platforms more efficient and user-friendly. At the current rate of development, devices with integrated blockchain functionality will soon be common, which promises to usher in a…
Transportation and logistics have long been seen as a perfect fit for blockchain technology. It is estimated that before the end of this decade most of this sector will be almost entirely blockchain based, creating both tremendous savings as well as improving security and trust. The food industry is clearly taking notice, with producers across…
Blockchain technology is on track to make significant changes to a number of global economic sectors, and as the space matures, decentralized finance (DeFi) is clearly in the crosshairs of the upcoming revolution. Over the course of the past two years, as overall crypto values have declined, the amount of cryptocurrency connected to DeFi has…
Europe has always been a hot spot of crypto activity, and now a number of European states may finally be ready to recognize the legitimacy of blockchain technology and begin regulating cryptocurrencies. Germany has become the latest European nation to take this step, as a bill enabling banks to enter the crypto space has passed…
Like most altcoins, Litecoin is experiencing a revival in market cap, and interest in the platform is growing among investors. Litecoin has moved up twenty percent since late last month, and remains one of the best known cryptocurrencies. Nevertheless, challenges facing the platform are growing, as competition is increasing and the investing public is becoming…
There is now little debate that an altcoin market recovery is underway. Although numerous comparisons will no doubt be made to the events of 2017, in all likelihood this bull run, should it continue, will have a life of its own. Already one difference is the degree of diversity seen in the value gains among…
Members of the United States Congress are again openly addressing the cryptocurrency revolution by holding committee hearings and researching its potential impact on the current financial system. Although there is significant division among them, there is no doubt that America’s legislators are becoming notably concerned about the changes blockchain technology is introducing. There is now…
Evidence of blockchain technology’s move into the mainstream is emerging everywhere. A wide range of businesses are rapidly embracing it, and crypto use is growing, notably in the developing world. A clear sign of progress is the increasing number of partnerships that have been forged between development teams and a broad away of institutions. Many…
Like most altcoins, Ethereum has seen its market recovery stagnate over the past few weeks. Nevertheless, development of the platform is aggressively moving ahead. A major upgrade, named Istanbul, is expected to take place in September and network usage continues to grow. This progress has once again highlighted the scaling challenges facing the platform, which…