ChainCatcher news, Port3 Network posted on X that Port3 has partnered with ERA AI to combine Port3's distributed computing capabilities with ERA AI's innovative artificial intelligence technology to jointly create a public blockchain for artificial intelligence. The two parties aim to build an intelligent, scalable, and secure blockchain ecosystem to provide exceptional AI-driven services to global users.According to RootData, Port3 is an AI service protocol that features large-scale Web3 datasets, a decentralized computing platform, and an open cross-chain execution layer. It acts as a bridge connecting on-chain and off-chain sources to establish a globally accessible data layer.

ChainCatcher news, according to CoinDesk, investment bank Bernstein pointed out in its latest research report that the acquisition of Bridge by payment giant Stripe validates the application value of stablecoins on public blockchains. The report states that with the improvement of blockchain scalability, stablecoins have become a major application scenario for blockchains, especially in the field of cross-border payments. Bernstein analyst Gautam Chhugani's team indicated that cryptocurrency-based USD stablecoins are currently the most cost-effective method for cross-border payments, with costs only 1-2 basis points.Previous news, Stripe acquired the stablecoin platform Bridge for $1.1 billion, marking the largest acquisition in the cryptocurrency space. The report emphasizes that companies like Bridge play a crucial role in building API software, enabling businesses to integrate stablecoin payments into their regular payment experiences. Investment bank Architect Partners stated in a report on October 21 that this transaction highlights the growing recognition of the market for stablecoin-based payments and their significant advantages, noting that non-cryptocurrency companies are also increasing their use of stablecoins.

According to ChainCatcher news, information from the official website of JD Coin Chain Technology (Hong Kong), a subsidiary of JD Technology Group, JD will issue a cryptocurrency stablecoin pegged 1:1 to the Hong Kong dollar.The JD stablecoin will be issued on a public blockchain, with reserves composed of highly liquid and trustworthy assets, which are securely held in independent accounts at licensed financial institutions. The integrity of the reserves will be strictly verified through regular disclosures and audit reports.

ChainCatcher news, Circle CEO Jeremy Allaire stated in response to a netizen on social media: "The pipeline that intelligently connects all digital wallets globally will be public blockchains and stablecoins, which will unlock highly commoditized global and retail payments. This is before people start doing some cool things with smart contracts across all these wallets.This makes me optimistic that one of the many emerging Web3 wallets will explode and achieve global scale, as the utility they provide through connecting to an open ecosystem of programmable smart contract infrastructure will be 10 to 100 times the utility achieved solely through payment functionalities."

ChainCatcher news, Bernstein analysts stated that the tokenized fund planned by BlackRock will bring "legitimacy" to public smart contract chains like Ethereum.Earlier this month, BlackRock launched the BUIDL tokenized private equity fund, marking another move into the digital asset space following the introduction of the spot Bitcoin ETF. According to filings with the U.S. Securities and Exchange Commission, BUIDL is a liquidity fund that invests in U.S. Treasury bills, repurchase agreements (short-term borrowing agreements for government securities dealers), and cash, but no launch date has been provided.Analysts explained that Anchorage, Coinbase, BitGo, and Fireblocks will become ecosystem partners facilitating digital asset custody and settlement, while BNY Mellon will promote interoperability with traditional markets by custodial fund assets.

ChainCatcher news, according to the official announcement, the Klaytn Foundation, the organization behind the public blockchain Klaytn under South Korean internet giant Kakao, has announced a collaboration with the Finschia Foundation, an open blockchain and Web3 business operator developed by LINE Tech Plus, proposing to launch a new mainnet project by integrating the two blockchain ecosystems. The two foundations have submitted proposals to their respective governance members for public discussion, with the voting period set from January 26 to February 2. The governance proposal submitted by the Klaytn Foundation can be viewed on the Klaytn governance forum.The chain merger aims to create a highly competitive mainnet ecosystem by integrating the capabilities of Klaytn and Finschia. The two foundations will form an integrated organization, sharing technology, services, and business networks. The announcement also indicates that with the merger of the chains, the native coins of the two blockchains, KLAY and FNSA, will be replaced by a new native coin, which will be issued based on the combined total of KLAY and FNSA. All KLAY and FNSA holders will be able to exchange for the new coin after its issuance.

ChainCatcher news, according to decrypt, Ubisoft has become one of the 40 node committee partners of WEMIX and will operate verification nodes for its new "WEMIX 3.0" network.It is reported that the WEMIX public chain is a gaming public chain under the South Korean gaming giant WEMADE, which has iterated to version 3.0. According to WEMIX, all node committee partners (NCP) will operate WEMIX nodes to verify the blockchain, and Ubisoft will join the organization as "No. 26". Currently, WEMIX has announced 23 out of the 40 partners.

ChainCatcher news, the public blockchain project Elasto announced the launch of BeL2, which is a BTC Rollup that introduces Bitcoin staking and other comprehensive Layer2 solutions. Elasto also plans to announce a series of partnerships supporting BeL2 and use cases in areas such as financial services, entertainment, and real-world assets (RWA) in the coming months.

ChainCatcher news, ABN AMRO has announced that it has registered digital green bonds on a public blockchain.Through this bond, Vesteda has raised 5 million euros from DekaBank, and according to the Vesteda green finance framework, the proceeds from this transaction will be used for the (re)financing of green assets.In this issuance, ABN AMRO utilized the digital wallet services of Tokeny and Fireblocks. Allen & Overy and Clifford Chance provided legal services for it.

ChainCatcher news, Terry, Senior Manager of the Hong Kong Invest Hong Kong, stated in an interview with IQ Times: "Although my department will not launch a public blockchain, the Hong Kong government is considering creating a public blockchain specifically for Hong Kong, which is still in the planning stage. If this plan is realized, global participants will be able to use this public blockchain."

ChainCatcher news, Arkham CEO Miguel Morel responded to recent criticisms regarding the project potentially leaking private information, stating, "The lack of privacy is inherent to the operation of most public blockchains today."He said, "You are actually making a transaction and broadcasting it to a decentralized network of millions, where anyone can see which transactions are being broadcast on-chain. A publicly available blockchain may be the worst way to keep private information private."Morel also stated, "Arkham's main clients are traders and hedge funds—those who make money by obtaining information about large buy and sell positions on a specific token." (Source link)

ChainCatcher news, Mastercard is collaborating with public blockchain developers Aptos Labs, Ava Labs, Polygon, and Solana Foundation to establish a new standard called Crypto Credential, in an effort to build trust among consumers, businesses, and governments in the industry. Mastercard stated that the "Mastercard Crypto Credential" will create a set of universal standards and infrastructure that will help verify trustworthy interactions between consumers and businesses using blockchain networks, and noted that NFT projects require different verification requirements than those needed for sending or receiving cryptocurrencies. This new standard will "ensure that those interested in interacting across web3 environments can meet the established standards for the types of activities they wish to engage in."Raj Dhamodharan, Mastercard's head of crypto and blockchain, stated in a statement, "Instilling trust in the blockchain ecosystem is a key step to realizing its full potential, and we need a way to enable trusted, compliant, and verifiable interactions on public blockchain networks." (Source link)

ChainCatcher news, Visa's cryptocurrency head Cuy Sheffield announced a new cryptocurrency-related project developed by the company on Twitter. Sheffield pointed out that Visa's upcoming crypto products are aimed at promoting public blockchain networks and stablecoin payments.According to a previous job posting released by Visa, the company's crypto department is building next-generation products to facilitate digital commerce in everyday life. (Source link)

ChainCatcher news, according to Bloomberg, JPMorgan previously issued tokenized 100,000 Singapore dollars on Polygon and traded tokenized yen with Japan's SBI Digital Asset Holdings, which is part of the Singapore central bank's pilot program exploring the use of DeFi in banking.Although this transaction is not a cryptocurrency transaction, it marks JPMorgan's first execution of a transaction on a public blockchain. Additionally, this transaction involved the use of a "modified version" of Aave. JPMorgan executives stated that they will continue to explore the use of other blockchain networks. (source link)

According to Chain Catcher news, The Star reported that Malaysian e-government company MY EG Services Berhad (MYEG) has agreed to explore cooperation with Mimos Technology Solutions Sdn Bhd (MTSSB) to use Zetrix and Mimos blockchain technology as components for the development and operation of the national Layer 1 public blockchain, known as the Malaysian Blockchain Infrastructure (MBI). MBI is a key element of the national blockchain roadmap launched by the Malaysian Ministry of Science, Technology and Innovation (MOSTI) on August 9, 2022.MIMOS Berhad is the national applied research center under the Malaysian Ministry of Science, Technology and Innovation (MOSTI), and Mimos Technology Solutions Sdn Bhd is the commercial arm of MIMOS Berhad. (Source link)