A unique NFT marketplace that is backed by physical assets has completed a live ask-me-anything session on Cointelegraph’s YouTube channel. Digible aims to offer a crypto-focused environment for rare items that exist in the real world. This means that, if you were to buy a coveted Pokémon card, you’d be able to receive it in the form of a nonfungible token — with this platform storing it safely on your behalf. Daniel Pustelnik, who co-founded Digible, said he became aware of NFTs back in 2018, and started to explore the wide range of use cases for this distinctive asset class. …

A blockchain-powered platform is vowing to tackle some of the biggest problems facing global healthcare right now — with the long-running coronavirus pandemic exposing some of the inefficiencies and fatal flaws that exist within this system. Radiologex says R-DEE streamlines communication, collaboration and data transmission, meaning patient files become truly interoperable and available anywhere in real time. This is a stark contrast to fax machines and couriers that hard-pressed medical facilities currently depend upon. But beyond providing unmatched security and unrivaled speed, the project’s founders also say that they are determined to eradicate manual documentation errors that can have a …

Any top tips for storing cryptocurrencies safely? Always double-check the transaction before confirming and take precautions. Of course, there are a few safety tips that you should follow. Be vigilant for phishing scams, and make sure that you’re using the official Ledger Live app. Never share your recovery phrase, or store it in a computer or smartphone — and only trust the details that you see on the screen of your hardware wallet. Learn more about Changelly Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we …

Tokenization platforms are “overwhelmingly centralized” and lack the scalability needed to be a force in the open finance movement, according to developers behind a new protocol. AMPnet says there is no shortage of innovative projects that are making their vision for a more inclusive financial future — but crucial pieces in the puzzle are currently missing. “Houses, apartments, renewable energy power plants, land, traditional financial instruments, company equity and much, much more are all locked away — not to be used or seen by the blockchain market. Five hundred trillion dollars in assets — just waiting to be brought to …

IndiaTech.org, an industry association representing India’s consumer internet startups and investors, wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto assets and crypto exchanges in India. The proposed framework suggests to define cryptocurrencies like Bitcoin (BTC) as digital assets and not currencies. “Define cryptocurrencies as digital assets and not currencies and grant them recognition as digital assets like gold, stocks, or marketable securities,” the proposal reads. The framework further recommends introducing a registration system for India-based cryptocurrency exchanges as well …

Champagne corks are flying as a blockchain network with decentralization at its heart celebrates its first anniversary. Free TON is holding a series of contests to mark its launch date on May 7, 2020 — and has invited passionate community members and newcomers to come together to build something special. As events are held online and offline to reflect on the past 12 months, one sub-governance group is encouraging artistically minded crypto enthusiasts to help design some of the first NFTs to be minted on this blockchain. Known as Numiz, these NFTs are designed to commemorate interesting events and historic …

Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the start of 2021, but recent growth on several top platforms may hint at another DeFi run in the near future. While projects that operate on the Ethereum network continue to deal with wild fluctuations in gas fees and transaction times, several that operate on Binance Smart Chain (BSC) have seen an uptick in protocol activity and token value over the past week. Three projects on BSC that have seen increases in trading volume, price …

Kinesis, a gold-backed monetary system based in the Cayman Islands, has launched a Sharia-compliant version of its product in Indonesia, setting the stage for wider acceptance of its solution in the world’s largest Muslim-population country. The product, PosGO Syariah, is described as the first mobile ecosystem business in Indonesia to be compliant with Islamic law. Delivered as a mobile application, PosGO is a digitized physical gold trading platform that also allows users to conduct real-time, peer-to-peer transfers of gold and fiat currency. The platform also offers a payment gateway and a “Gold Mecca” community savings program for the Hajj, the …

A decentralized platform allows investors to gain access to well-balanced baskets of digital assets that serve as an effective store of value. Digital Reserve offers several portfolios — the construction of which are based on votes from community members. The project says no single entity or person is in control, as users interact directly with smart contracts. The first portfolio is geared toward capital appreciation. While 40% is allocated to Wrapped Bitcoin, 40% is also dedicated to PAX Gold, an asset-backed token that is pegged to a troy ounce of the precious metal. The remaining 20% is allocated to Wrapped …

While blockchain itself provides the technology constructs to facilitate exchange, ownership and trust in the network, it is in the digitization of value elements where asset tokenization is essential. Tokenization is the process of converting the assets and rights to a property into a digital representation, or token, on a blockchain network. Distinguishing between cryptocurrency and tokenized assets is important in understanding exchange vehicles, valuation models and fungibility across the various value networks that are emerging and posing interoperability challenges. These are not just technical challenges, but also business challenges around equitable swaps. Asset tokenization can lead to the creation …

At a panel for the World Economic Forum’s Global Technology Governance Summit today, United Arab Emirates minister of economy Abdulla Bin Touq Al Marri said that cryptocurrency and asset tokenization will be key to the country’s plans to double its economy — currently estimated to be the 34th-largest in the world — in 10 years. Al Marri was joined on the panel, titled the “Arrival of the token economy, from art to real estate,” by artist Harry Yeff and WEF executive Sheila Warren. While much of the conversation centered on the current nonfungible toke craze, Al Marri’s comments centered largely …

How does blockchain analytics software work for financial institutions exposed to crypto? They enable transactions to be monitored on all major blockchains — 24/7 and in real time. The risk associated with incoming and outgoing transactions can be determined — covering high value payments, transfers involving multiple digital assets and/or accounts, as well as transactions that appear to have no logical business explanation. A clearer picture can also be gathered over time by piecing together intelligence from entities making frequent transfers over a specific timeframe. Compliance software companies like Crystal Blockchain enable suspicious patterns to be detected, and for financial …