Article: NFTs Offer Alternative Revenue Source for Asian Musicians

Crypto, Digital Content

NFTs Offer Alternative Revenue Source for Asian Musicians

“The xxxx is an NFT” is his second effort. He deliberately experimented with a different platform and another crypto currency, and rather than selling through an auction, he made it available in limited editions. “The key is not to be greedy,” he said.

The experiment could lead to a new movement that would revive the direct relationship between patron and creators that was once prominent in the times of Renaissance, Tan says. Patrons who love one’s creative work are willing to pay a premium for a scarce product, creating a lifeline for artists, he explained.

Tan is working on his next NFT, which is scheduled to release in June. He expects obstacles lie ahead, but says he may be able to set an example for younger musicians.

Read full article

Article: 5 Reasons Why You Should Learn Blockchain

Blockchain, Innovation

5 Reasons Why You Should Learn Blockchain

For starters, blockchain technology is a system where you use decentralised data. Simply put, it is a ledger of information where everything directly connects to the source. This means that instead of parts of data only being associated in a chain, all aspects are connected to the primary source. Hence, in blockchain, data storage is spread out in an even way. Moreover, each block of data is connected to the one behind it through a cryptographic link.

While all this sounds complex, it isn’t really. Blockchain has made positive impacts in a vast number of areas. Out of many, here are five reasons you should consider learning blockchain.

  • Wide Career Options
  • Efficient Governance Systems
  • Protection Of Digital Identity
  • Smart Investments
  • Gateway To The Future

Read full article

Article: Decentralization vs. centralization: Where does the future lie? Experts answer

Decentralized Internet, Web 3.0

Decentralization vs. centralization: Where does the future lie? Experts answer

Last year, the world witnessed the great rise of the decentralized finance (DeFi) sector, which has started a significant shift toward decentralization. Monopolized data, controlled by a few companies in Web 2.0, causes the redistribution toward individual users in the rise of the Web 3.0 movement, even to decentralized governance that is now theoretically, technically and practically possible.

Blockchain-backed, driven decentralization can potentially redemocratize society by regaining trust in the election process, or as some argue, by protecting democracy around the globe. While blockchain cannot solve everything, it still has the potential to solve a lot of economic and social problems such as increasing diversity and inclusion, bridging the gender gapempowering the unbanked and combating economic injustice.

Read full article

Article: Internet of Trusted Things: Democratizing IoT

Blockchain, Decentralized Internet, Hardware

Internet of Trusted Things: Democratizing IoT

A trusted IoT, or an Internet of Trusted Things, needs to be built private-by-design and with peer-to-peer, blockchain-based device identity and coordination built-in. Once each device is de-coupled from a central authority, broad, decentralized coordination becomes possible. The Internet of Trusted Things looks like the vast intelligence we introduced at the beginning of this article. A central authority owning IoT is a horribly dystopian idea, and the current fractured landscape represents a defense mechanism against this future. If we are to achieve a unified IoT, there is only be one answer to the question, “who owns this new digital organism?” And it is the same answer to the question of “who wins IoT.” The answer is: you do.

Read full article

Article: BlockDown: DeFi institutional adoption is booming but gas fees hinder growth

Blockchain, Decentralized Internet

BlockDown: DeFi institutional adoption is booming but gas fees hinder growth

Panelists at a DeFi-focused talk held at the BlockDown conference on Thursday expressed their optimism at the past and future growth of decentralized finance, but highlighted the hurdles to adoption due to congestion on Ethereum.

“Decentralization is continuing, but what we’ve started to see is more and more delivery of DeFi through custodial interfaces, through fintech. And a lot of what we do is just education, advocacy, informing people about all the excitement. […] We are very surprised, often, by the extent to which regulated institutions are already participating in DeFi.”

Read full article

Article: Like it or not, you should probably start paying attention to bitcoin

Blockchain, Crypto

Like it or not, you should probably start paying attention to bitcoin

Coinbase’s public listing is just the latest milestone on cryptocurrency’s journey from nerdy curiosity to mainstream investing opportunity and payment method. Since 2018, Square, the payment processing service, has let most of its payment app Cash App users buy and sell bitcoin. And lately, more and more of them have been doing so. Square CFO Amrita Ahuja said in February that 3 million people did transactions in bitcoin on the app last year, while 1 million did so in January 2021 alone.

Similarly, PayPal began to allow users to buy cryptocurrencies through their accounts last year. The platform expanded its cryptocurrency capabilities this March and started allowing users to exchange their crypto holdings into US dollars in order to pay for things, which is just one step short of allowing users to make purchases with actual cryptocurrency. Paypal has also indicated that users of Venmo, which it ownswill soon be able to transact in cryptocurrencies, too.

Read full article

Article: Myanmar Protesters Turn to Obscure Apps to Avoid Detection

Autonomous Internet, Cyber-Security, Decentralized Internet

Downloads of Tor, an open-source network that thoroughly anonymizes data, surged, too.

Myanmar citizens also embraced lesser-known software like Bridgefy, which bypasses the internet altogether by using Bluetooth to wirelessly send messages to other users of the app within a certain range. Another tool that was widely shared: Mysterium Network, which says it offers the privacy of Tor with the speed of a traditional VPN.

Read full article

Article: How Will Web 3.0 Transform the Industry?

Blockchain, Commercial Intelligence, Crypto, Design, Web 3.0

How Will Web 3.0 Transform the Industry?

For the average consumer, using cryptocurrency to buy a digital fashion item that will live exclusively on a screen seems like an out-of-reach scenario — for now.

It might even sound a little ludicrous to those who still don’t get what cryptocurrency — or the blockchain technology that enables it — is all about. But buying premium fashion and fine jewelry online, without seeing or trying the product on, seemed equally far-fetched a decade ago and now e-commerce has become a mainstream method of consumption.

Read full article

Article: Republicans probe Big Tech collusion in the deplatforming of Parler

Deplatforming, Media

Republicans probe Big Tech collusion in the deplatforming of ParlerRepublicans probe Big Tech collusion in the deplatforming of Parler

The Parler incident was one of a deeply comprehensive “deplatforming” efforts – i.e. censorship of an independent and upcoming social media platform – that eventually got removed from the internet infrastructure in a fit of post-November US elections rage influencing platforms ranging from social networks all the way to cloud hosting and storage corporations.

Read full article

Article: Bitcoin will remain ‘ultra-volatile’ due to its limited tradability, says Deutsche Bank

Crypto

Bitcoin logo is seen displayed on an Android mobile phoneBitcoin will remain ‘ultra-volatile’ due to its limited tradability, says Deutsche Bank

Deutsche Bank says it expects bitcoin to remain “ultra-volatile” due to its limited tradability, adding that just a few large purchases or market exits could significantly impact the cryptocurrency’s supply-demand equilibrium.

In a recent report, the firm’s research team pointed to the cryptocurrency’s illiquidity – which features a set 21 million supply – as an obstacle. Thus far, around 18.7 million or 89% of bitcoins in total circulation have been mined. That expected year for all bitcoins to be mined is 2140, roughly a century from now

Read full article