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VeChain network, a top layer one (L1) blockchain that intends to revolutionize the Internet of Things (IoT) through well-designed smart contracts, has continued to build much-needed connections amid the cryptocurrency winter. The VeChain Foundation has partnered with many supply chain companies around the world to streamline their business operations. In recent updates, VeChain network has announced a strategic partnership with Authentic8.tech to enable global businesses to find the perfect balance between the digital and physical worlds.

Notably, the Authentic8 team has in the past seven years been working to help businesses obtain operations transparency through blockchain technology. Reportedly, global companies working in the automotive, Jewellery, and food industry have sought Authentic8 to scale their businesses in a cost-effective environment.

Interestingly, Authentic8 has partnered with VeChains top NFT marketplace dubbed World of V to enable businesses to tap into the Phygital technology. World of V noted.

By leveraging on VeChain tech and our partnership with Authentic8, well be offering an easy-to-use, accessible gateway to Phygital solutions, allowing anyone to seamlessly integrate this technology without any entry barrier.

In order to achieve the highest level of authentication transparency, Authentic8 has combined VeChains top features. As a result, businesses can tap into blockchain technology without having to develop the underlying solution.

The VeChain team understands the future of its ecosystem is heavily pegged to the proportionality of partnerships with global businesses. Furthermore, the enterprise-grade blockchain has in the past gained crypto traders attention with its potential to revolutionize the supply chain market. According to market data provided by Binance-backed Coinmarketcap, VeChain (VET) has a total valuation of approximately $2.1 billion.

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Recently, the VeChain Foundation announced a partnership with Gustav Gerig AG to help in the Tuna fish tracking project. Notably, the Swiss distributor of specialty foods partnered with VeChain to aid in product traceability.

Meanwhile, the VeChain Foundation has continued to focus on enhancing its blockchain to meet the standards of the growing profile of global businesses. For instance, VeChain announced a strategic partnership with SafeTech Labs to deploy mainnet node clusters across Europe and the United States.

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In another recent strategic partnership, VeChain announced a collaboration with fashion BLOCKMEME to ensure customer satisfaction by embedding every product with unique chip identification.

The VeChain ecosystem uses two crypto tokens including VET and VTHO to manage the VeChainThor public blockchain. With VET price up approximately 62 percent from its time of launch, VTHO has added about 809 percent from its ATL to trade around $0.0001526 today.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

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VeChain partners with a world-leading tech company to connect ... - Crypto News Flash

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult ourwebsite policyprior to making financial decisions.

Lawmakers on European Parliaments Economics and Civil Liberties committees voted in favor of the anti-money laundering regulation. This will impose a $1,000 cap on unverified crypto wallets on Tuesday. The limit represents a part of the EUs overhaul of its anti-money laundering (AML) regulations, which will also apply to decentralized autonomous organizations (DAOs), non-fungible token (NFT) platforms, and decentralized finance (DeFi) platforms.

European lawmakers have voted to impose a $1,000 cap on payments by anonymous crypto users, marking the blocs latest push in its revamp of money laundering laws. 99 lawmakers voted for imposing the limits, while eight voted against them.

Lawmaker Damien Carme, the lead negotiator of the revamp talks, previously said that the limits would not prohibit crypto payments because the $1,000 cap only applies to unregulated wallet providers and unverified wallets. The European Parliaments Economics and Civil Liberties committees approved the plans following the vote.

We are absolutely not preventing crypto transactions. Its just when identification isnt possible.

After several weeks of negotiations, the AML regulation will advance to a plenary vote in the Parliament. After that, it will allow inter-institutional negotiations between the Parliament, Council, and the European Commission to begin.

The vote comes several months after a leaked draft of the EUs money laundering bill showed that the bloc was planning to ban crypto providers from listing privacy-enhancing cryptocurrencies such as monero, dash, and zcash. However, Carme said a ban on such coins was unnecessary given that they were already prohibited under the EUs Markets in Crypto Assets regulation (MiCA).

Apart from the limit on unverified crypto wallets, the EUs AML regulation has several other implications for crypto. More specifically, the new AML rules will also cover DAOs, as well as NFT and DeFi platforms.

These companies will be required to comply with the AML rules as long as they remain controlled directly or indirectly, including through smart contracts or voting protocols, by identifiable natural and legal persons, according to the Block. Earlier this year, the EU considered easing regulatory requirements for smart contracts after policymakers agreed on a new text of the Data Act.

Unlike the MiCA, the AML regulation counts decentralized platforms as obliged entities to reduce the current regulatory gap in the region. According to Carme, decentralized platforms will be required to conduct due diligence and report questionable transactions to the authorities just like traditional financial institutions and real estate agents.

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About the author

Tim Fries is the cofounder of The Tokenist. He has a B. Sc. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. Tim served as a Senior Associate on the investment team at RW Baird's US Private Equity division, and is also the co-founder of Protective Technologies Capital, an investment firm specializing in sensing, protection and control solutions.

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EU Votes for AML Regulation: $1,000 Limit on Anon Crypto Transfers - The Tokenist

Ethiopian-Eritrean rapper Heno grew up in Takoma Park, Maryland, at the nexus of multiple worlds. As an honor roll student with street smarts, Heno experienced both the privileges and injustices of his environment. His familys apartment was located next to his elementary and middle schools, a library, and a police station a combination of places that would shape his perspective on life.

As a six-year-old, Heno explains that one of his earliest memories involved a traumatic encounter with the police when they unlawfully entered his home, shining a flashlight and pointing a gun at him. He says he was also wrongfully accused of selling drugs in first grade and handcuffed. These events influenced his perspective on life and his place in it and contributed to his awareness of the high incarceration rates in Maryland.

Today, Heno is using his art and blockchain technology to create meaningful impact in his life, the lives of his ever-growing digital community, and in his communities in the U.S. and Ethiopia.

In his upcoming album, Im Tired of Being Hypersurveilled, Heno intends to call attention to issues of racism, police brutality, mental health, and privacy. Every aspect of the digital world is monitored to some degree, Heno explains on the project website. I feel much safer offline and off the grid. [] Im tired of hypersurveillance.

And it isnt just about these platforms having access to our phone records, financial records, and facial recognition data, he explains, its also about the ways they profit off users. Social media users can build followings by sharing daily content, but in doing so, theyre also creating value for the platform.

According to Heno, blockchain technology is particularly well-suited to combat these problems. [In Web2,] we post our content, but we dont own it. In Web3, we own everything, he said in an interview with nft now.

But Henos art isnt just centered on raising awareness about such issues, it also directly contributes to social change. Proceeds from his drops go to The Bail Project, Maryland Alliance for Justice Reform, and the Baltimore Action Legal Team, making a tangible impact on the lives of people in his home state. Further, as a volunteer for Wegene Ethiopian Foundation, Heno helped open a knowledge center in Ethiopia, providing computer labs and other technology to local children.

These endeavors are a large part of why he believes hes made a name for himself in Web3. People care more about the intention behind a project in Web3 than in the traditional music industry, he said. Once I figured that out, I knew Id found the right place.

Though Heno sees himself in the right place, his career originally began in web2. His transition into Web3 highlights the advantages of trust and transparency that blockchain technology offers artists.

I come from the traditional music industry, where I paid thousands of dollars to draft contracts to do business with people, Heno explained. If I need 20 pages of clauses to do business with you, maybe we shouldnt be working together. In contrast, smart contracts enable artists to collaborate and conduct business without the need for complex legal agreements or intermediaries.

Heno also emphasizes the importance of each artist understanding their compensation and ownership, which blockchain technology makes more transparent and accessible. This ease of access empowers artists to take control of their careers and financial futures, thus enabling their continued artistic expression.

Obviously, I get paid more in Web3 than I got paid for streaming numbers, he said in an interview with nft now. Thats great, but thats the short-sighted benefit. Having the freedom to choose both his financial and creative path is a privilege he wouldnt have enjoyed under a traditional record contract.

Many artists grapple with imposter syndrome, assuming they have to settle for less and rely on larger entities to succeed. Henos experience in Web3 proves that this isnt the case. I think when people see you helping yourself, they want to support you more, he said. Through Web3, Heno has been able to build relationships with people directly, fostering a supportive community and connecting with audiences on a deeper level.

Heno also notes the importance of humility and learning in building community in Web3. Given the technological learning curve, artists must approach the space with a genuine desire to learn and adapt. This mindset has been one of Henos most significant assets, allowing him to evolve alongside the rapidly changing landscape. His desire to learn has helped him collaborate with artists like Mick Jenkins, JPEGMAFIA, Chaz Bear, and more.

Through his collaborations with the community and his desire to drive social change, he has managed to create a unique digital world around his music. Of particular significance is a short film titled In the Meantime, which will be released as a series of NFTs soon.

Henos goal is to create artwork that stimulates conversations, fosters connections, and facilitates transformation. While driving social change through their craft is certainly crucial, artists must also champion themselves. One method to achieve this is by experimenting in Web3.

He believes blockchain technology allows him to break down his work into digestible pieces, making it more accessible and engaging for audiences. By pushing the boundaries of whats possible in Web3 and leveraging the unique opportunities it presents, Heno and other artists can continue to drive social change through their art, but also through advocating for themselves.

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From Rap to Web3: Heno's Journey to Ignite Social Change - nft now

London, United Kingdom, March 27, 2023 --(PR.com)--BlockOS AI, a technology startup focused on blockchain and AI solutions, today announced its plans to launch an innovative operative system that will allow users to mine through RAM and use AI to manage blockchain.

The operative system, which will be based on GNU, will allow developers to build scalable blockchain applications with ease. With BlockOS AI, smart contracts can be written in any language, making the platform accessible to a wider range of developers. The system will also use AI to manage the blockchain, making it more efficient and less prone to errors.

"We believe that BlockOS AI will change the way people think about blockchain technology," said Vin, founder and CEO of BlockOS AI. "Our innovative operative system will make it easier for developers to build blockchain applications, while also making the technology more accessible to the wider public."

BlockOS AI is seeking funding to develop the project and build a community around its platform. The company believes that the success of BlockOS AI depends on collaboration and input from the wider blockchain community.

"We're excited to work with developers, investors, and other stakeholders to build the future of blockchain technology," said Vin. "We believe that with the right support and resources, we can make BlockOS AI the go-to platform for blockchain development."

To learn more about BlockOS AI and its innovative operative system, please visit https://blockosai.com.

BlockOS AI's data-sharing platform is now available to businesses looking to enhance their decision-making capabilities and improve efficiency. For more information, visit the BlockOS AI website at https://blockosai.com.

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BlockOS AI Announces Plans to Renovate Blockchain Technology ... - PR.com

2023 is a year of digital technology, whether about robots or currencies. Secure and private transactions build a strong relationship between buyer and seller. The secure and private cryptocurrencies enable a Decentralised financial system and provide a secure platform to transfer payments.

Not all cryptocurrencies are private by nature. Many readily trace transactions online. In addition, all bitcoin transactions are traceable as they are maintained on a public ledger.

Many use various technological methods to enforce privacy and protect users identities.

Here we are bringing a list of the top 10 private and secured cryptocurrencies.

Bitcoin is the most famous cryptocurrency in the digital world. It is the famous due to its security and decentralized nature. By far, cryptocurrency is the most secure digital currency. It enables smart contracts, a transparent ledger system, and powerful encryption techniques to guarantee a safe transaction environment.

It is another digitally secured asset. It is one of the most secure digital currencies, and its platform is founded on blockchain technology. The best part of Ethereum is that no bad actors can influence or control the network.

Litecoin enables users to send money securely. Not only money but a user can exchange goods and services and trade with other users in a secure environment.

The currency has many advanced cryptography and security measures available, making it an excellent choice for those searching for secure transactions.

Another famous decentralized system that enables users to send money in a faster way without having to go through standard banking procedures.

The network provides secure transactions. In addition, Ripple offers a strong layer of security and privacy that enables users to maintain the secrecy of their financial information.

Dash is another famous cryptocurrency that prioritizes anonymity and security. The two characteristics make it a perfect platform for users willing to make payments covertly. In addition, it allows users to carry out discreet transactions at affordable costs and quick transfer rates.

It is a privacy-focused cryptocurrency, and zero-knowledge encryption enables users to receive and send money without disclosing the details of their transactions. It gives an additional layer of privacy and security, which makes it an excellent choice for users who wants to keep their financial transactions private.

Binance and Paxos together created the stablecoin known as Binance USD. This will help to create a cryptocurrency backed by the dollar.

Paxos can keep the US dollar equal to the whole supply of BUSD. BUSD lowers the volatility risk, enabling cryptocurrency users and traders to continue transactions with other crypto assets.

Stellar provides the fastest speed, and security enables users to send money quickly without worrying about security threats.

The digital technology provides secured transactions and consensus processes. From a security point of view, Stellar incorporates superior encryption technology and robust protocol-level protections to protect consumers against fraud.

It is another form of digital currency that uses blockchain technology and smart contracts to enable secure peer-to-peer transactions with low fees.

However, it also enables excellent cryptography, making it a perfect choice for people worried about their assets.

It is a Decentralised digital platform that enables safe payments and its native cryptocurrency. The technology uses advanced cryptography and smart contracts to ensure complete user security and guidance.

On this platform, users feel secure as users are protected from double-spending and fraud. However, it adds a layer of privacy to secure user information.

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Top 10 Secure And Private Cryptocurrencies In 2023 - TechJuice