Blockchain & crypto news from India
After Amazon’s AWS service taking a good share of blockchain operation by running a significant number of Ethereum nodes, Google Cloud too entered the node hosting space. The Blockchain Node Engine will be a fully-managed node hosting service that will support Web3 development beginning with Ethereum. Web3 has become the buzz word for 2022 after…
Flipcart, the e-commerce platform that competes with Amazon in India, has launched its metaverse shopping experience. The metaverse is a 3D space where users enter with their digital avatars and carry out various activities. Flipcart’s service is called Flipverse, and can be accessed using its mobile app. “Our mission with FireDrops is to bring the…
Blockchain needs to address local and user-centric problems, and that’s the theme of this year’s Web3athon: A Hyperlocal, People-First Crypto Hackathon, organized by CoinDesk and CRADL. The finale of the 2-stage event that was launched during Consensus is scheduled for next week, with participants coming from 17 different time zones. A total of $500K in…
A new generation of coins called Web3 crypto aims to realize Web3’s decentralized utopia. In order to give consumers ownership over their data and enable transactions without the use of intermediaries, they mix blockchain technology with smart contracts. What Exactly Is Web3? The third generation of the internet is often referred to as Web3. By…
The introduction of Web 3 will significantly impact how we utilize the internet. Gaming is one such arena that will be impacted by Web3. The Web3 objective is to make the internet a place to transfer digital assets in P2P environments and thus building new possibilities for both creators and users in the gaming industry. …
The internet is evolving gradually, from dial-up connections and IRC chatrooms to social networks, and now a new step forward with the recently announced Web 5 by former Twitter CEO, Jack Dorsey. Here are the stages in the evolution of the internet: Web 1.0 (1990s – 2004/2005): Static pages of free information, hyperlinks and surfing,…
Accelerated tech adoption has surged the fame of the metaverse around the globe, and real estate in the metaverse is the talk of the town. Real estate in the metaverse is a virtual ecosystem, a replica of real-world conditions. It links technologies like augmented reality, virtual reality, and video to develop a virtual space where…
Myraah, a Pune-based technology start-up, has raised $350,000 as pre-seed funding led by CEO and Co-founder of Xceedance, entrepreneur, and technology enthusiast Arun Balakrishnan, Gurgaon based angel investor. Mr. Arun is also one of the Venture Partners. This fund will help Myraah build a Web 3 platform enabling anyone to create their Web 3 digital…
Daler Mehndi has bought a piece of land in the metaverse and he’s named ‘Balle Balle Land’. According to reports, this is India’s first land acquisition in the metaverse. Mehndi revealed the land on Holi this year and it will house a store selling non-fungible tokens (NFTs). The land also owns a gold idol of…
The birth of the internet can be traced down to Berners-Lee, a computer scientist at European researcher CERN. He was able to lay down the foundation of the web with three fundamental technologies and the first web page editor/browser was introduced – (“WorldWideWeb.app”): HTML: HyperText Markup Language, the markup or formatting language of the Web;…