Ep. 94: Bigger Than We Think (Weekly News)
Recorded live on đť•Ź Spaces September 20th, 2023
First episode on the new time slot! The top stories this week include Hedera's hybrid stablecoin studio, WorldPay's partnership with Mastercard & Visa leveraging Hedera, a new president, ESG & ReFi, domains, Amazon breadcrumbs and more!
Tune in live on đť•Ź Spaces Wednesdays at 12pm ET / 9am PT for the weekly news. Recordings available on Spotify, Apple Podcasts, Google Podcasts, YouTube and other major platforms the following day.
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Top Stories of The Week
1. Hedera’s Hybrid Stablecoin Studio
Hedera Hashgraph, in collaboration with Swirlds Labs, The HBAR Foundation, and ioBuilders, has unveiled the Hedera Stablecoin Studio. This open-source toolkit simplifies the configuration, issuance, and management of stablecoins. With features like proof-of-reserve and seamless integrations with custody providers, it's poised to be a game-changer. Dive deeper into the announcement, explore the core concepts, and join the community discussion. Also learn how to make a stablecoin on Hedera in this video.
2. WorldPay's USDC Settlement on Hedera
Visa, Mastercard, and WorldPay have unveiled a pioneering USDC settlement system on the Hedera network. This collaboration emphasizes transparency, leveraging Hashport's Axiom oracle for proof-of-reserve. With Hedera's robust security and high performance, the future of transparent, efficient, and fast cross-border transactions is here. Dive deeper into the collaboration, Explore the future of payments.
3. Who Will Be Hedera's President?
Hedera Hashgraph, a leading force in the decentralized economy, has announced a pivotal change in its governance. The Hedera Governing Council has decided to separate the roles of Chair and President. Brett McDowell, who previously held both positions, has been re-elected as Chair. The search for a new president is underway, signaling a new chapter in Hedera's journey. Read the full announcement, Explore the President role.
4. A Glitch on Hedera Testnet
On September 12th, Hedera's testnet experienced an unexpected shutdown due to a command sent during an upgrade process. The incident was swiftly addressed, with the network resuming normal operations. This event underscores Hedera's commitment to transparency and its decentralized governance model. Dive deeper into the incident.
5. ServiceNow Fuels ESG ReFi with Hedera
ServiceNow's groundbreaking ESG ReFi application is set to redefine the finance landscape. By integrating with Hedera Guardian's open-source tokenization engine, the application empowers organizations to generate climate assets, with a spotlight on Renewable Energy Credits (RECs). This synergy leverages Hedera Hashgraph's unparalleled Distributed Ledger Technology (DLT) to meticulously track climate assets and token provenance. Explore the ServiceNow ESG ReFi application, join the conversation on this Reddit post.
6. The UAE Hashgraph Boom
In a groundbreaking partnership, du from EITC has joined forces with The Hashgraph Association to harness the potential of the Hedera blockchain. This alliance aims to offer innovative blockchain solutions to SMEs, governmental institutions, and municipalities across sectors like manufacturing, healthcare, and more. With Hedera's green and efficient technology, the collaboration promises a sustainable and transformative digital future for the UAE. Read the full press release, Dive deeper into the partnership.
7. DOVU & India's Green Car Shift
Two Indian giants, MTC Group and NeML, form MMCM to address India's 20 million end-of-life vehicles. With DOVU's technology, they aim to create a digital ecosystem for sustainable vehicle recycling, minting sustainability credits, and ensuring transparency. This initiative not only advances the automotive sector but also aligns with India's climate goals. Read the full story.
8. Dubai's Tokenized Future with TOKO
TOKO and Virtuzone have forged a strategic partnership to launch Dubai's first tokenized equity crowdfunding platform. This move not only solidifies Dubai's position as a hub for financial innovation but also paves the way for a more transparent and accessible investment landscape. TOKO, having secured a license from VARA, is set to revolutionize private equity fundraising using blockchain technology. Read the full press release.
9. Hedera Domain Dilemma
As Hedera's domain space nears its one-year mark, there's growing unrest. The community has raised concerns, especially about domain name renewals. Additionally, it's been revealed that a single provider administers the shared registry, leaving others without access. This is quite different from the web2 domain system. I discuss this further on the show.
10. Tuum's New Identify Metamask Snap
Tuum Technologies has launched the Identify Snap for MetaMask, focusing on Decentralized Identifiers and Verifiable Credentials. This innovation, specifically designed for the Hedera network, is set to revolutionize digital identity, giving individuals more control over their data. The collaboration between Tuum Technologies and MetaMask Snaps signifies a major leap for both the Hedera and MetaMask ecosystems. Explore Tuum Technologies, Follow on Twitter.
Also…
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