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“# Russia’s central bank digital currency: Prospects and problems ” Active digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of transition to cashless payments, and the number of contactless transfers and payments are increasing every year. Such active development requires…
“# The importance of decentralized oracles: Interview with Sergey Nazarov ” Chainlink co-founder Sergey Nazarov believes that increasing the decentralization and scalability of oracle technologies are key to ensure trust in the DeFi ecosystem. Oracles play a key role in the correct functioning of DeFI protocols by connecting them to real-world data. However, the trustworthiness…
“# For whom the benefits toll: Enterprise blockchain is the evolution of economic architectures ” In my two-decade career at Microsoft, leading .NET platform architecture, visual studio .NET development, application platform, enterprise strategy and Microsoft Digital, I have been part of building technologies for multiple waves of platforms: the early web, service-oriented architectures, the so-called…
“# Opportunities for blockchain in police investigations ” The problem of spreading cybercrime is becoming more acute today, and developed countries with high gross domestic product rates suffer from it to a much greater extent than developing countries. This is due to the fact that the more advanced technologies are used by society, the stronger…
“# Rumored US crypto wallet restrictions: A step toward financial exclusion ” The crypto community has a saying: “Not your keys, not your coins,” which means that if you hold your crypto on a third-party custodial wallet, you don’t truly have ownership of the coins. The entity controlling the private key of the wallet ultimately…
“# DeFi community raises centralization concerns over Compound Chain ” DeFi lending protocol Compound published a white paper on Thursday introducing Compound Chain, a new blockchain aimed at providing cross-chain value transfer capability. Reactions to the news have been overwhelmingly negative with many respondents on social media taking issue with the perceived centralization concerns associated…
“# Cardano to open up to Ethereum Solidity devs with new initiative ” Solidity, a major programming language for writing smart contracts, will soon become compatible with the Cardano (ADA) blockchain. According to a Dec. 17 announcement on Cardano Developers website, Cardano devs are now opening up Cardano to the Solidity and Ethereum community through…
“# Immutable Ethereum privacy protocol proposes governance system ” Tornado.Cash, the Ethereum mixing service that earlier this year implemented completely immutable smart contracts, has proposed a governance system powered by its own TORN tokens. According to a Dec. 18 post, the proposal will put stewardship of the protocol in the hands of its community of…
“# Game time? Microsoft adopts Ethereum blockchain for gaming royalties ” Enterprise Ethereum is beginning to show its impact as some of the largest companies in the world start to leverage the Ethereum network to solve complex business challenges. For example, tech giant Microsoft and Big Four firm Ernst & Young announced the expansion of…
“# Eth2 becomes the fourth-largest staking network and it keeps growing ” Ethereum 2.0 has already emerged as the fourth-largest proof-of-stake network by total value locked in staking within roughly six weeks of the Eth2 deposit contract going live. Despite withdrawal functionality not yet enabled, and no precise estimation for its full launch date, nearly…