Blockchain 

Can Crypto Exchanges Ever Be Truly Decentralized?

Earlier this week, British-American entrepreneur John McAfee, who is currently living “in exile” due to tax-related charges filed against him by the United States authorities, launched his own decentralized exchange (DEX).  The expressive crypto advocate’s McAfeedex.com is running on the Ethereum (ETH) blockchain, and, in McAfee’s own words, it is a “Wild Wild West exchange” that purportedly cannot be seized by regulators. “There is nothing to shut down,” he wrote on Twitter, “Our technology is the smart contracts forever residing on the blockchain.”  According to the businessman, the DEX, currently…

Read More
Blockchain 

Decentralized Communication Startup New Vector Raises $8.5M

London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol. Slack rival Riot.IM The Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an alternative to WhatsApp, Telegram or Slack, will continue scaling and growing its network with the newly raised funds, New Vector announced on Oct. 10. Investors of the New Vector’s Series A funding round included London-based European seed fund Firstminute Capital, cloud computing and Software as a service (SaaS)-focused Notion Capital and…

Read More
Bitcoin 

How Do Decentralized Instruments Work?

In cryptocurrency trading, everything is based on price movements, with market participants’ success depending on their ability to predict and quickly respond to this dynamic environment. Forecasting, however, is not always that easy, especially when it comes to high volatility. Even experienced analysts disagree in their assessments  —  while some of them predict that Bitcoin (BTC) will hit $100,000 in a year and a half, others say that it may drop to $3,000 or lower. Today, next-gen decentralized instruments can help simplify the complex process of exchange trading by helping traders conduct an…

Read More
Blockchain 

Cere and Celer Networks Team Up to Launch Decentralized CRM Solution

Second layer blockchain scaling platform Celer Network has partnered with customer relationship management (CRM) startup Cere Network to launch a decentralized CRM solution. Low-cost CRM platform for business inclusion According to a press release shared with Cointelegraph on Oct. 7, Cere Network’s capacity will be increased “to provide for the world’s largest enterprises with a low-cost, fast, and accurate CRM platform” as a result of this partnership. Co-founder and CEO of Cere Network Fred Jin added: “Current CRM solutions are facing poor business inclusivity, low employee participation, and mostly require…

Read More
Blockchain 

Decentralized Finance, Explained | Cointelegraph

4. There are some challenges that lie ahead for DeFi’s proliferation. Even though it could transform the lives of millions of people, it’s an inescapable fact that DeFi solutions have failed to gain public awareness. Adoption in the crypto world has been modest to say the least — and according to a study published by the Cambridge Centre for Alternative Finance back in December 2018, there are just 25 million verified crypto users worldwide. When compared with the 1.7 billion unbanked people we were talking about before, it’s clear there’s a…

Read More
Ethereum 

John McAfee’s Decentralized Crypto Exchange Launches in Beta

American entrepreneur and vocal crypto advocate John McAfee has launched a decentralized exchange (DEX) running on the Ethereum (ETH) blockchain. McAfee DEX is set to run in a beta release status as of Oct. 7, according to the new platform’s official website and McAfee’s personal Twitter feed. “Centralized exchanges are our weak point” On Oct. 5, McAfee’s tweet unveiled the new platform, stating that “it takes time for enough users to join to make it real, but if you play, and be patient,” the exchange can serve as “the door…

Read More
Blockchain 

Pantera Capital Leads $5M Seed Round of Decentralized Derivatives Startup

Pantera Capital has led a $5 million strategic seed round of decentralized derivatives protocol Vega. According to the announcement published on Oct. 3, the round included participants such as Ripple’s investment arm Xpring, Hashed, NGC Ventures, gumi Cryptos Capital, Rockaway Blockchain, KR1, Eden Block, Focus Labs, Greenfield One, Monday Capital, RSK Ecosystem Fund, alongside a group of unnamed private investors. Against “profiteering, monitoring, and control” by privileged actors Per the announcement, Vega is currently focused on designing and implementing its core protocol for secure and non-custodial decentralized margin trading.  The…

Read More
Blockchain 

BitTorrent’s Decentralized File Sharing Protocol BTFS Launches Its Mainnet

BitTorrent’s decentralized file sharing protocol BitTorrent File System (BTFS) has launched its mainnet. The project seeks to become what developers describe as “the world’s largest and first scalable decentralized storage system.” According to a blog post published on Oct. 1, BTFS released various new features for the occasion and rolled out 3,000 new nodes. The post summarized:  “As October approaches, with BTFS integrated into the world’s largest P2P network, BitTorrent, BTFS has completed its official launch of the mainnet, representing a new starting point for BTFS and a big step…

Read More
Blockchain 

Cisco Partners With SingularityNET on Decentralized Artificial Intelligence

Decentralized artificial intelligence (AI) firm SingularityNET and tech conglomerate Cisco have partnered to develop applied artificial general intelligence (AGI) technologies. AGI is one aspect of AI technology that concentrates on learning the intellectual tasks of which humans are capable. Sometimes referred to as “Strong AI,” AGI emphasizes a machine’s ability to reason in uncertain situations, solve puzzles, plan and communicate in natural language.  Goertzel also said that the scale of Cisco’s AGI deployments will be a major driver for the firm’s development, stating: “The work we’ve done with Cisco on…

Read More
Blockchain 

Iota Launches Decentralized and Autonomous Industrial Marketplace

Non-profit blockchain organization Iota Foundation has released a platform enabling a decentralized and autonomous industrial marketplace. World’s first autonomous and decentralized virtual marketplace  Dubbed the Industry Marketplace, Iota’s new product is a joint initiative that aims to accelerate industrial automation and commercial machine interaction, the organization announced in a blog post on Sept. 19. Serving as a vendor and industry-neutral platform that automates the trade of physical and digital goods and services, the blog claims the Industry Marketplace to be the world’s first autonomous and decentralized virtual marketplace.  The initiative…

Read More