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Blockchain

Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second Blockchain

Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second

Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism, according to l2beat. The 15.88 TPS figure marks a 156% rise over the past weeks as investors…
bubmag
August 22, 2023
Breaking the trust barrier: Accredify’s journey to secure digital interactions Blockchain

Breaking the trust barrier: Accredify’s journey to secure digital interactions

In our increasingly digitized world, the manner in which we exchange information has evolved from traditional pen and paper to the utilization of digital data, facilitated by the internet. While these advancements offer efficiency, speed, and accessibility, digital interactions are typically hindered by a lack of trust. To preserve data…
bubmag
August 22, 2023
Gala Games Unleashes ‘Mystery Box’ Extravaganza: NFTs and Treasures Await! Blockchain

Gala Games Unleashes ‘Mystery Box’ Extravaganza: NFTs and Treasures Await!

In a strategic step towards their dedicated blockchain, GYRI, Gala Games successfully transitions all their Gala Games NFTs into the ecosystem. The excitement builds as Gala Games gears up to unleash a unique ‘Mystery Box‘ sale. With five tiers of rarity and a staggering collection of over 350 distinct items…
bubmag
August 20, 2023
Nigeria adopts blockchain to fight certificate forgery in National Youth Service Corps Blockchain

Nigeria adopts blockchain to fight certificate forgery in National Youth Service Corps

Nigeria plans to leverage blockchain technology to issue certificates to graduates of its National Youth Service Corps (NYSC), the country’s IT development head recently revealed. Kashifu Inuwa Abdullahi, the Director General of the National Information Technology Development Agency (NITDA), believes blockchain can help Nigeria tackle widespread forgery in issuing and retrieving certificates.…
bubmag
August 20, 2023
Check Out This Mutant Ape’s Debut Phygital Fashion Project: House of Guccheeta! Blockchain

Check Out This Mutant Ape’s Debut Phygital Fashion Project: House of Guccheeta!

Ape in to this Mutant’s Phygital Fashion vision! In a groundbreaking fusion of art, fashion, and blockchain technology, House of Guccheetah gears up to launch its inaugural phygital creation. The project introduces a new dimension to the world of NFTs and web3 culture. This exciting development stems from the profound…
bubmag
August 19, 2023
Canada to create central repository for seized NFTs, digital currencies Blockchain

Canada to create central repository for seized NFTs, digital currencies

Canada is taking additional action against digital currency bad actors in the country with the planned establishment of a solution to “facilitate the seizure and storage” of digital assets. According to the Government of Canada, the Royal Canadian Mounted Police (RCMP) and Shared Services Canada (SSC) seek applications to create a digital asset repository to store…
bubmag
August 19, 2023
IBM blockchain and AI expert says ChatGPT poses several ‘key risks’ for enterprise use Blockchain

IBM blockchain and AI expert says ChatGPT poses several ‘key risks’ for enterprise use

Listing numerous areas of concern, IBM Automation’s Jerry Cuomo lays out the potential pitfalls for businesses using ChatGPT. 3312 Total views 20 Total shares Chief technology officer of IBM Automation Jerry Cuomo recently published a blog post laying out what he claims are several risks associated with using ChatGPT for…
bubmag
August 18, 2023
The Protocol: Blockchains Keep Launching, From Sei to Shibarium Blockchain

The Protocol: Blockchains Keep Launching, From Sei to Shibarium

Past eras of crypto development were marked by a rapid proliferation in protocols for decentralized finance (DeFi) or other purposes, built atop big blockchains like Ethereum. Recently, however, there’s been a mini-explosion in new blockchains, including so-called layer-2 networks built atop Ethereum. The trend is encapsulated in this week’s launch…
bubmag
August 17, 2023