Blockchain
Seedify Taps Blockpass for KYC Provision in Blockchain Gaming & NFTs
![Seedify Taps Blockpass for KYC Provision in Blockchain Gaming & NFTs](https://europeangaming.eu/portal/wp-content/uploads/2021/10/blockpass.jpg)
Blockpass, the pioneer of On-chain KYC(TM), is excited to announce its growing partnership with Seedify, the gateway to blockchain gaming. Seedify will be using Blockpass’ proprietary KYC solutions to provide a safe, secure and compliant ecosystem where gamers and gaming enthusiasts can enjoy the benefits of blockchain and cryptocurrency.
Seedify is a blockchain gaming-focused incubator and launchpad ecosystem which provides support and opportunities for innovators and project developers through access to funding, community and partnership building, and a complete support system to help drive the future of gaming and blockchain. The project is assisting gamers as they begin to explore new avenues, spending time on games and taking advantage of opportunities to earn in-game item NFTs and tokens. Through holding $SFUND, users are able to buy game tokens before they’re listed on the market, by participating in IGOs (initial game offerings) on the Seedify Launchpad.
Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently with more than 160,000 verified user identity profiles, Blockpass facilitates instant onboarding, and to date almost 5000 services have taken advantage of this opportunity to get access to users with reusable digital identity profiles.
“Seedify is a leader in the blockchain gaming industry and we were delighted to work with them to bring our compliance technology to that space,” said Adam Vaziri, Blockpass CEO. “By bringing seamless and efficient identity verification to gamers we hope to facilitate a safe and secure ecosystem where they can play and earn.”
“Blockpass’ compliance software provides a vital solution, ensuring ease of use, along with a safe and secure KYC process,” noted Levent Cem Aydan, Founder and CEO – Seedify. “This gives us the ability to seamlessly and efficiently onboard new users, maintaining the integrity of our platform and giving our community confidence that their private data is protected.”
Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass’ On-chain KYC(TM) solution. Through its recent work with Animoca Brands, Blockpass is developing the ability to provide KYC where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all.
Blockchain
MultiversX Unveils Breakthrough In Blockchain Sharding; Enables Hyper-Scalability and Interoperability For Top Network
![](https://europeangaming.eu/portal/wp-content/uploads/2024/06/MultiversX-Unveils-Breakthrough-In-Blockchain-Sharding-Enables-Hyper-Scala_20240610_143935_0000.png)
MultiversX (EGLD), leading smart contract platform known for sharding, has announced the launch of Sovereign Chains, its breakthrough Blockchain-as-a-Service solution for the Web3 ecosystem. The new solution for layer 2s (L2s) inherits and extends further the outstanding capabilities provided by MultiversX, and offers developers a simplified setup process that only takes a few commands.
Beyond industry-leading performance and extended configurability, it also unlocks for the first time seamless interoperability for L2s built atop leading blockchains such as Bitcoin, Ethereum and Solana, solving the issues around fragmentation and isolation. To encourage development on the new Sovereign Chains infrastructure SDK, MultiversX has additionally announced a US$1 million grant program for builders.
In a live demo of the platformâs capabilities, the first Sovereign Chain ever deployed reached a constant throughput of over 70,000 transactions per second. To put this in perspective, existing L2 solutions shifting to Sovereign Chains will be able to see their throughput increase up to 100X. Sovereign Chains make all these leaps in terms of hyper-scalability and interoperability possible with the unique cross-shard module MultiversX operates on, modified and improved for native cross-chain operations, as well as a new consensus mechanism, new execution models and significant VM improvements.
Speaking on the successful rollout of Sovereign Chains, Beniamin Mincu, Co-Founder and CEO of MultiversX, said, âThe Web3 world is encumbered by fragmentation and siloed ecosystems that limit interoperability and suffer from scalability issues. Through Sovereign Chains, we have taken the core capabilities of the MultiversX network – scalability, usability and security – and extended them to create the first truly unified Web3 ecosystem in a developer-friendly interface.â
Developers can leverage the powerful Sovereign Chainsâ stack to create customized private or public blockchains, with a maximum degree of flexibility. They have the possibility to set, for example, gas fees in the token of their choice and build using any virtual machine, including EVM and the MultiversX VM, to suit their needs. Sovereign Chains can communicate natively with each other without external bridges and their associated risks & complexity, thus being ideal for intuitive and secure solutions for diverse sectors, such as healthcare, education, government services, financial systems or supply chain management.
As one of the most robust blockchain architectures globally, MultiversX boasts an ecosystem of 8200 dApps, with a close-knit community of developers & users spanning 40 countries.
One such developer, Alex Jilavu, Co-Founder and Lead Developer at OneFinity Chain, expressed confidence in the potential of Sovereign Chains to streamline both the development process and adoption, adding, âAs a builder, the task of building a project from the ground up is extremely demanding. Sovereign Chains provide the foundational strengths of MultiversX, giving us the room to focus on developing whatâs important for our product.â
OneFinity is working on an EVM-compatible platform, looking to open the Sovereign Chains ecosystem to Ethereum users and developers. It joins other companies such as CyberNetwork (GameFi), and Pi Squared (ZK Tech), leveraging MultiversXâs network sharding technology.
In addition to enhancing performance across blockchain networks, Sovereign Chains further inherits MultiversXâs on-chain 2FA capabilities, offering one of the most powerful security layers for users in all of Web3.
Blockchain
Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto
![](https://europeangaming.eu/portal/wp-content/uploads/2024/05/9-2.jpg)
A brand-new online lottery portal built on blockchain technology is shaking things up in the world of chance. Metalottery, the first-ever decentralised blockchain lottery platform, officially launched, introducing a new era of transparent, thrilling and rewarding lottery gaming. By combining cutting-edge blockchain technology with the excitement of lotteries, Metalottery offers players unprecedented fairness, security and the potential to win life-changing prizes.
âMetalottery is not just another lottery; itâs a paradigm shift. Weâre giving power back to the players by offering a transparent, secure, and exciting lottery experience thatâs built for the web3 age,â Dioni Bouropoulos, COO of Poollotto Finance, said.
Unlike traditional lotteries, Metalottery uses Chainlinkâs Verifiable Random Function (VRF) to ensure provably fair and unbiased results for every draw. And with new lottery rounds starting every 8 hours, players can enjoy the thrill of winning more often than ever before.
At the heart of Metalottery is the PLT token, the fuel of the platformâs ecosystem that players can use to purchase tickets. Metalottery makes purchasing Pool Lottery Token (PLT) available and straightforward on their website. Players can also spin the âWheel of Fortuneâ for additional rewards as well as participate in a growing community of lottery enthusiasts on Telegram and Discord.
Bouropoulos added: âOur platform is designed to be inclusive and accessible to a global audience. By combining innovative technology with a user-friendly interface, we empower players to take control of their lottery journey. We are charging no fees for participation and all proceeds from tickets go towards the jackpot. Our goal is to build the biggest lottery community in the world.â
Blockchain
Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity
![](https://europeangaming.eu/portal/wp-content/uploads/2024/04/20-1.jpg)
Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.
This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.
Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”
This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.
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