A decentralized application platform called Fanbase that connects the fans with artists is to introduce its own crypto token. The blockchain-based music fan-rewards platform is to operate through Lightstreams Network which would enable the content developers to distribute, control and track contents. The alpha version is to be released by the end of 2018.
Microsoft has recently unveiled their plan to adopt blockchain technology in building a platform for decentralized IDs. Microsoft explained in a white paper that the Decentralized Identity System “empowers users and organizations to have greater control over their data- and deliver a higher degree of trust and security for apps, devices and service providers.”
The Aurora Labs S.A., the decentralized banking platform, has added Richard Schaeffer to its advisory board. He had been associated with the NYMEX Holdings Inc, and the New York Mercantile Exchange Inc as the chairman. The Aurora has developed the IDEX platform and Schaeffer expressed, “The vision of the Aurora team in building out the IDEX platform has been remarkable.”
A demo version of the Binance’s decentralized exchange (DEX) named Binance Chain has been released. According to the report, Binance Chain will allow its users to list trading pairs without any centralized control. The CEO of Binance, Changpeng Zhai explained, “A first (rough, pre-alpha) demo of the Binance Decentralized Exchange (DEX), showing issuing, listing, and trading of tokens.”
The blockchain solutions developer, Waves has declared the launch of ‘Waves DEX,’ the decentralized crypto exchange. The decentralized exchange is different from that of the centralized. Fifty-three beta versions have been tested with prolonging trail period. The founder and CEO of Waves, Alexander Ivanov mentioned, “We want to provide the fastest, lowest-cost, most secure and user-friendly blockchain platform.”
The TRON Foundation has affirmed the acquisition of BitTorrent. It is reported that the entities are focused on the decentralized web. The founder of TRON, Justin Sun stated, “I believe BitTorrent will gain new life from integrating into the TRON ecosystem, and TRON will continue BitTorrent’s protocol legacy.” TRON also promised to ‘liberate Internet’ to larger corporations.