The week starting February 18th- 24th has been a quiet one for blockchain. Following the release of the JPM coin on the 14th of February, which was a big deal for blockchain, there’s not much that could happen that would top that. Anyway, here is a collection of some of the most interesting insight on blockchain this previous week.
Introducing ZepKit: The easiest way to start your decentralized application
For the last few years, OpenZeppelin has been the standard for smart contract development. OpenZeppelin is a battle-tested framework of reusable smart contracts for Ethereum that has powered more than $4.5 billion worth of digital assets. A few months ago, we started ZeppelinOS to help not only with Solidity needs but with all the components of the development journey. Today, we are announcing the release of ZepKit to help you with the first step of a project: setting it up.
UN World Food Programme uses Parity Ethereum to aid 100,000 refugees
Every year the United Nations’ World Food Program (WFP) helps feed millions around the world. A major part of this food assistance program is direct cash transfer to the beneficiaries.
Cash transfers provide a much faster and flexible way to aid people in need. To make the delivery of funds more efficient and secure, Parity Technologies worked with the WFP to create a private blockchain network for processing cash transfers. Part of the UN WFP’s Building Blocks project, the private blockchain is built using Parity Ethereum. The blockchain allows the WFP to account for balances without the need for a third-party financial service provider to act as an intermediary; eventually reducing bank fees and other administrative costs.
Komodo and Amazon create a 60-second blockchain builder
A new partnership between web giant Amazon and blockchain ecosystem Komodo, called Chainlizard, will enable the creation of blockchains on the Komodo network in less than 60 seconds—Amazon is planning on releasing its own version of a managed blockchain later this year. An alpha version is already live, but when the complete version gets the green light in Q2, 2019, it will not only provide a bespoke blockchain, but include nodes, a block explorer and software wallet.
Brass Golem Beta 0.19.0
Hi, Golem fans and friends — long time no see — no, we’ve not gone stealth, we were busy preparing our new major release. We’re excited and ready to introduce you to our newest production rollout — Brass Golem Beta 0.19.0.
In this new release, we’re bringing you two main features: the new providers’ marketplace and the long-awaited migration to “Docker for Windows” as a replacement for the previous “Docker Toolbox” for Windows users.
Why there won’t be one global currency
Wouldn’t the world be better off if we all shared the same currency?
Having multiple currencies seems to create confusion. If currencies are like languages, then having fewer would presumably create more cooperation and unity among people.
In the crypto space, Bitcoin, Ethereum, XRP, and other maximalists all claim that their favorite coin will become the global currency standard.
The defensibility of middleware protocols
Interoperability of state and value is likely to place downward price pressure on layer-1 blockchains that have no monetary premium, while enabling strong middleware protocols to achieve cross-chain, winner-takes-most dominance in their respective services. While not a perfect mapping to traditional use of the term middleware, these protocols can be thought of as anything sitting just below the interface layer (i.e., the applications the end user interacts with), but leveraging the lower-level functionality provided by layer-1 blockchains and interoperability protocols.
Superfluid collateral in open finance
While the past year was a tough one for the public crypto markets, talented and dedicated teams spent it heads down, shipping what appear to be some of the building blocks of a truly open financial system. As a result, while 2017 was the year of the ICO and 2018 was the year of continued massive private token sales, 2019 is shaping up to be the year of Open Finance.
Bitcoin is a hedge against the cashless society
When cash is gone, where will you turn to transact with a basic level of privacy? What money do you hold when negative interest rates start eating away at your bank account?
Understanding how Blockchain can make AI safer and smarter
In the AI field, you can build smart Machine Learning algorithms or impressive Neural Networks, but this powerful technology could be trustable or could generate intelligent responses based on the data you use when you train it.
These insightful news articles and subject analysis from the previous week are a good compilation for blockchain enthusiasts in Africa. From UN using Ethereum for its humanitarian activities to insight on how blockchain impacts the world of robotics, our weekly review is tip-top content: educative, diverse and entertaining. Make sure to keep up with us for your weekly blockchain report.