Article: What are dApps (Decentralized Applications) and why are they needed?

Blockchain, Decentralized Internet

What are dApps (Decentralized Applications) and why are they needed?

The popularity of DApps has grown along with the popularity of cryptocurrencies. Blockchain is as secure as cryptocurrencies (TON Crystal, POLS, SNVT), but the human factor is not safe. Protecting your own cryptocurrencies and tokens requires a thorough understanding of the essence of decentralized systems and the fact that in many respects the security of funds depends solely on a person.

A large number of people do not understand this, so they bypass DApps and refuse to use them in everyday life. However, decentralized applications have far more pros than cons.

For example, open-source – contributes to the broader development of the DApps ecosystem, allowing developers to create much more ideally designed DApps with more useful or interesting features. In fact, decentralized applications have almost the same benefits as blockchains.

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Article: ‘Naturally decentralized’ island nations like Tuvalu are perfect for blockchain ledgers, says forum

Blockchain

‘Naturally decentralized’ island nations like Tuvalu are perfect for blockchain ledgers, says forum

One of the most important factors in achieving success in their various projects was local involvement, all participants agreed. While it was possible for island nations with small, dispersed populations to “leapfrog” others in their digital ledger infrastructure, their solutions must be based on close community consultation and by studying their specific needs. This way, introducing a radical new technology would avoid being seen as a new form of colonization, or trying to shoehorn unsuitable solutions into skeptical markets.

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Article: 11% Of Business In Spain Use Blockchain Technology, Report

Blockchain, Innovation

11% Of Business In Spain Use Blockchain Technology, Report11% Of Business In Spain Use Blockchain Technology, Report

The use of decentralized technologies is growing in Spain, and we are not just talking about cryptocurrencies but blockchain in general, especially for enterprise purposes.

From municipalities and public universities to corporations and industries, more and more businesses are adopting the blockchain in one way or another, increasing the ecosystem’s diversity and activity.

According to a report by business consulting firm IDC Spain, about 46% of large companies in Spain are in favor of incorporating blockchain and cryptographic technologies to increase their security.

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Article: Germany’s federal bank tests blockchain payment system sans CBDC

Blockchain, Crypto, Governance

Germany’s federal bank tests blockchain payment system sans CBDCGermany’s federal bank tests blockchain payment system sans CBDC

The growing popularity of digital currencies has aroused mainstream interest in blockchain technologies and their possibilities. Increasingly, blockchain is used as a generic term that most people associate with Bitcoin, the digital currency created using the technology. The potential and scope of the application of decentralized protocols have already become so much broader.

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Article: The Node: Bitcoin Is ‘Armageddon Insurance’?

Crypto

The Node: Bitcoin Is ‘Armageddon Insurance’?

Governments plugged into the fiat-based, global financial system are unlikely to reap any of the uncensorable benefits bitcoin provides. And while bitcoin is a comparatively cheap way to move large amounts of capital, Angel thinks governments have gotten hip to the “technological revolution” and will have their own stablecoin-like central bank digital currencies (CBDCs) online soon.

But what of the digital gold narrative? Of course no government would hold bitcoin to transact with – no, people do that!

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Article: China Suggests Worldwide CBDC Rules

Crypto

China Suggests Worldwide CBDC RulesChina Suggests Worldwide CBDC Rules

The rules deal with issues such as CBDC use, monitoring and information sharing, according to Reuters. People’s Bank of China (PBOC) Director General of the Digital Currency Institute Mu Changchun presented the new rules at a recent Bank for International Settlements (BIS) seminar.

He said there should be interoperability between CBDC systems of different jurisdictions and exchange. He also said information flow should be “synchronized” in order to allow regulators the ability to monitor the transactions for compliance, Reuters reported.

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