Mastercard and financial giants unite to revolutionize blockchain
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This is the tenth edition of BlockBites! A monthly newsletter that brings Blockchain use cases in Brazil and worldwide. Each month, you receive market highlights on how companies implement innovation and technology in their ecosystems and products. Good reading!
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Use cases
Say hello to Europeum. EU blockchain project will affect citizens’ “daily lives,” officials promise
Ten European Union countries have agreed on a blockchain for the entire bloc. The project will provide tools for the public and companies. The so-called Europam project should allow citizens to trace the origins of their products and companies to protect their intellectual property by maintaining data on immutable blockchain networks. According to Mathieu Michel, Belgium's secretary of state for digitalization, Europam is a commitment to EU sovereignty.
From Tuscan wines to Mongolian mines, Blockchain is transforming supply chains
Forbes published a report on how blockchain can help consumers, retailers, and auditors easily verify supply chains, thus ensuring sustainable, ethical, and responsible sourcing.
Mastercard and financial giants test blockchain for settlements
Mastercard, Visa, JPMorgan, and Citigroup are laying the groundwork for what could be a revolution in financial markets with blockchain solutions. Financial giants have come together to launch the Regulated Settlement Network (RSN).
Highlights
Brazilian Banking Association creates an institute to debate blockchain and digital assets in the national financial system
The Brazilian Association of Banks (ABBC) announced the creation of the ABBC Institute for Academic Studies of the Financial System (IEASF/ABBC). The objective is to promote independent research, studies, and analyzes on regulatory, operational, and innovation-related topics in the National Financial System (SFN).?
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Paradigm leads $150M fundraising for social media platform web3 Farcaster
Farcaster raised $150 million in funding led by Paradigm, with additional participation from crypto 16z, Haun Ventures, USV, Variant, Standard Crypto, and others. The company will double down on growing daily active users and adding developer primitives by the end of 2024.
The Future of Online Communication: Secure, Censorship-Resistant Chat on the Blockchain
Censorship, outages, and data security concerns plague centralized instant messaging apps. See how decentralization can help.
How Blockchains Can Help Solve AI’s Deepfake Problem
AI-generated content creates a huge threat of misinformation online. Blockchain can help verify and authenticate whether what is being said is true, says William Ogden Moore, research analyst at Grayscale Investments.
SP City Hall plans a decree to facilitate the adoption of blockchain and other technologies
S?o Paulo City Hall intends to publish a decree to reduce bureaucratic requirements for adopting new technologies in municipal administration. The expectation is that the decree will be signed by the mayor and published in June.
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