Puma is the latest in a growing list of major brands to purchase a decentralized URL and reveal their nonfungible token, or NFT, by changing their Twitter handle to Puma.eth. The German …
MoreTag: Decentralization
What decentralization can offer Web 3.0 & social media: the potential and pitfalls of decentralized social media
More than 2,000 people from around the world descended on Lisbon recently for the first major global conference for the world’s fourth-largest blockchain by market cap, Solana. “Breakpoint Conference 2021” was host …
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Facebook to announce $50M investment fund tasked with developing its virtual metaverse
Facebook has announced it will allocate $50 million to a two-year fund tasked with beginning work on realizing the firm’s vision for a virtual metaverse. A Sept. 27 announcement articulates Facebook’s roadmap …
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Data privacy concerns are rising and blockchain seems to be the solution
Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only …
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Hybrid smart contracts to replace the legal system
The era of unintelligible contracts written in legalese by lawyers in $2,000 suits with degrees from Ivy League schools is over. The contracts of the next century will be hybrid smart …
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Mass adoption could lead cryptocurrency to centralization
This is the year cryptocurrency finally starts to break into the mainstream. From Elon Musk and Tesla investing in and accepting Bitcoin (BTC) to the recent nonfungible token craze, the days of blockchain tech …
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Decentralized technology can help protect democracy around the world
Recent political developments in the United States demonstrate the critical challenges that centralized technology platforms pose to democracy — in stark contrast to the powerful role social media played in …
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