Infrastructure

RSK Launches Trustless Bitcoin Bridge

  • Users will now receive a proof of their transaction when sending BTC to the multi-sig wallet, which can be used to receive the corresponding amount of rBTC.
  • The change was made to decentralize the pegging process, and minimize the trust involved with users and "pegnatories".

Unibright & Concircle Partner To Improve Unibright Connector Workflows

  • Unibright Connector already has a "tailor made derivation" of Concircle's workflow solution — con­FLOW.
  • The partnership came about thanks to the companies mutual work on Baseline-related projects throughout 2020.

OneConnect To Provide Blockchain Infrastructure For Two Major China Ports

  • The new platform is expected to reduce cost transportation and customs declaration costs by 30%, while integrating a lot of new smart features.
  • OneConnect will ensure that logistics data cannot be traced, reducing risks of third-party intrusions.

Chainlink Funds IRISnet To Integrate Oracle Technology Into China’s BSN

  • IRISnet will provide the required technology for the integration through its consortium blockchain product IRITA.
  • The company will also be responsible for the deployment and monitoring of all components to China's Blockchain Services Network.

Avalanche Announces First Major Upgrade, Unveils New Features

  • The novel changes include verifiable pruning, a new type of freezable asset, and ERC-20 support for native assets.
  • In the future, Ava Labs will also implement a governance feature and many new transaction functionalities to improve scalability.

Automation Platform PARSIQ Integrates Chainlink Price Oracles

  • PARSIQ is a "Reverse Oracle" platform that extracts data on the blockchain and delivers it to off-chain applications.
  • The new partnership will enable PARSIQ clients to build automated workflows using data provided by Chainlink.

R3 Partners With IBM To Scale Its Services Across Hybrid Cloud

  • IBM will establish an R3 center of excellence to focus on developing interoperability solutions for blockchain networks.
  • The company expressed their desire to further collaborate with other blockchain operators in order to advance their ecosystem.

MetaMask Launches Token Swaps, Reaches Landmark 1 Million Monthly Active Users

  • MetaMask Swaps was designed to improve user experience as well as provide the "best prices across DeFi" for token swaps.
  • In addition to the new feature, the popular Ethereum wallet also revealed it has reached an anticipated milestone of 1 million monthly active users.

Bank Of Thailand Partners With IBM To Launch Blockchain-Based Government Savings Bond Platform

  • The new platform provides a real-time system with faster validation steps that reduce overall processing time.
  • After the launch of the platform, Bank of Thailand announced further plans to implement blockchain to all other government bonds.

Mastercard Launches CBDC Testing Platform

  • The platform is designed to mimic the issuance, distribution and exchange of CBDCs between banks, financial services companies and consumers.
  • A recent survey has shown that, while 80% of national banks are entertaining the idea of CBDC, 40% have already moved to actual concept and experimentation.