Chainlink brings Verifiable Randomness to Ethereum mainnet, keeps other chains in sight

Sergey Nazarov: there is a demand for Chainlink VRF from other chains like Matic. Chainlink’s verifiable randomness function, or VRF, has made its way to the Ethereum (ETH) main net. VRF will provide a decentralized source of randomness for the project’s decentralized ecosystem.  A trusted source of randomness is essential for many applications, such as those […]

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Siemens-backed blockchain energy platform showcases in Germany

The German state-funded energy project uses DLT to enable transparent market transactions. A blockchain-based energy trading platform backed by German tech giant Siemens is being publicly demonstrated in a Bavarian municipality today. The so-called “Pebbles” project — short for “peer-to-peer energy trading based on blockchains” — is holding a virtual demo of its blockchain-based marketplace […]

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DLT security standards may turn legacy industries into blockchain innovators

Member-led working groups are helping define security standards for tokenized use cases. Tokenization has given rise to the “Internet of Value,” an era in which financial assets — or any assets with underlying value — can be easily transferred peer-to-peer over the internet. While revolutionary, tokenization has largely remained a concept embedded strictly within the […]

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Yield farming fuels 623% growth in DAI supply to nearly $1B

Demand for Ethereum-based stablecoins exploded during the third-quarter DeFi bubble, with DAI’s supply growing by more than 600% and USDC expanding 200%. Decentralized finance’s (DeFi) explosive third-quarter brought significant growth to Ethereum (ETH)-compatible stablecoins. According to crypto market data aggregator Messari, the supply of MakerDAO’s DAI stablecoin grew by 623% in Q3 2020, pushing the […]

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