• launch of Ethereum 2.0
    Ethereum

    Lead developer formally proposes launch of Ethereum 2.0

    The moment that the Ethereum community has been waiting for finally seems at hand: The move to a faster, more energy efficient proof-of-stake blockchain has begun

    Ethereum 2.0 will move the No. 2 cryptocurrency’s blockchain from a Bitcoin-style, energy-hungry, proof-of-work (PoW) consensus mechanism to a faster, more energy efficient proof-of-stake (PoS), in which blocks are confirmed by validators who essentially post a bond to ensure good behavior.

  • Algorand supports Pocket
    Technology

    Algorand supports platform designed to make life cheaper, easier for DApp developers

    The DeFi-focused blockchain firm says Pocket Network will make creating decentralized applications up to 10 times less expensive than it is now

    The infrastructure eliminates the risk of there being a single point of failure for a DApp—crucial in an age where tech companies live and die by how reliable they are.

  • InterWork Alliance tokenization standards
    Technology

    Business, blockchain firms push token standards

    The InterWork Alliance says uniformity is badly needed if asset tokenization is going to achieve its potential and disrupt the global economy

    Big names including ING, Microsoft, and Nasdaq have joined forces with blockchain leaders like Hedera Hashgraph, Neo, and Hyperledger in a new alliance that aims to create global standards for tokenizing real-world assets.

  • Restaurant Toks to track coffee
    Technology

    Mexico’s Restaurant Toks tracking coffee on blockchain

    Simba Chain’s smart-contract-as-a-service platform is helping the casual dining chain track the source and sustainability of the coffee it serves

    Restaurant Toks, a casual dining chain with 208 locations across Mexico, has teamed up with blockchain provider Simba Chain and the University of Notre Dame to create a distributed application to register and track every coffee bean it has "purchased, processed, packaged, and sold."

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