Weekend Update: This Week’s Round-up of Remote Blockchain Learning Resources – Hyperledger

Welcome to the Weekend Update. Our goal with this weekly post is to share quick updates about online education, networking and collaboration opportunities and resources for the open source enterprise blockchain community.

If you have suggestions for resources or events that we should spotlight in a future Weekend Update, let us know here using #HLWeekendUpdate.

Hyperledger In-depth: An hour with Palm NFT Studio

In this session, Dan Heyman of Palm NFT Studio will introduce Palm Side Chain with an overview of technical specifications and architecture and detailed explanation how Hyperledger Besu is currently being used in this new network.

Tune on Tuesday, September 14, at 9:00 AM PDT. For more information and to register, go here.

Hyperledger In-depth: An hour with Thales

In 2019, 7.9 billion data records were breached. And yet, 39% of companies aren’t using robust data security measures because deployment complexity is a barrier. Security is not a nice-to-have feature. It’s not an opt-in. It’s a must. No one will buy your solution if they cannot trust it. It’s no wonder companies are exercising diligence when choosing a solution, ideally one that is system agnostic, automated, and simple. In this discussion, Blair Canavan of Thales and Avesta Hojjati of DigiCert will discuss how to incorporates critical levels of security into the blockchain, increasing the integrity of solutions built using Hyperledger Fabric.

Tune on Wednesday, September 15, at 10:00 AM PDT. For more information and to register, go here.

Learn more about how Thales and DigiCert have teamed up to increase cybersecurity for Hyperledger Fabric in this new case study.

Blockchain World Expo Global – Virtual Edition

On September 14-15, the full schedule of talks from the London-located Blockchain World Expo Global event will be presented to the global audience as a virtual event. Sessions include a panel moderated by Laura Ellis, Head of Technology Forecasting, BBC, covering the state of enterprise blockchain featuring Mark Cudden, CEO, we.trade and Shamit Bhat, Interoperability Solutions Director, GSMA.

Get more details here.

Virtual Meetups

See the full Virtual Meetup schedule here.

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Nuspay’s XHYRE- A New Adversary in the Real Estate Asset Exchange Platform

It’s time to retire the traditional Real Estate markets. People that are involved in this industry are in a state of anguish because of their lack of openness. However, in this day and age, it is quite easy to be duped by con artists. As a solution to these issues, XHYRE can be transparent without compromising security with Hyperledger Fabric, a state-of-the-art Hyperledger Environment.

XHYRE is built on decentralized technology hence recorded any type of data is tamper-proof. In a conventional medium, even after dealing with the hassles of the paperwork, there is still the issue of these being in unsafe areas where the asset title could be duplicated or tampered. XHYRE can assure the security of these papers along with the tamperproof title & history of the asset through Decentralized technology.

XHYRE also incorporates an independent platform for the sale of properties that can be partially owned, independently owned or it can also be owned by corporations or cooperatives, where a group of investors could own the whole property or in a fractional manner. Prestigious & Landmark assets could be utilized as gift items like a piece of gold, diamond, and other valuable securities through the XHYRE Platform. It represents the exact area and location resembling a tiny piece of the property which represents the security block hence works as the new sets of assets blocks.

XHYRE assists to create an ecosystem that incorporates all the major stakeholders like the asset owners, asset buyers, government agencies, auditors, banks & financial institutions. No price premiums are required from the registered users to purchase or sell an asset on XHYRE. The transaction records are replicated across nodes, there are many verifiable sources of truth, which is what Hyperledger Fabric aims to achieve. An important feature is that transactions may be authenticated and tracked in real-time without relying on any central authority, whether it’s from a single business, bank, or clearinghouse.

A futuristic Panorama

The future of real estate is one where investments become much more liquid, more accessible & transparent as these revolutionary changes will be driven largely by decentralized & innovative technologies which facilitate immutable transaction records, asset digitization, and title registration with transparent history. As a result, benefits will open up markets for new investors to bloom up the real estate revolution. A greater number of parties will emerge to manage ownership, liquidity, and risk much more effectively. Just like the Internet opened up a new way to transact and communicate, XHYRE promises to transform real estate property funding, development, ownership transfer mechanism, and investment management much more effectively & efficiently.

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    Why SZA’s new CTRL NFT is leaving us awestruck

    The first lady of Top Dawg Entertainment, SZA, carries quite the story from within. SZA’s debut album, CTRL, let loose all of the entanglements and situationships that have arisen throughout her time spent on this beautiful planet.

    SZA’s magnificence radiates shapeshifting aura, blossoming truths, and an uncanny ability to tap into what makes her wholesome.


    SZA’s CTRL NFT brings back raw memories

    Recently, SZA teamed up with American Express to release an NFT to commemorate her first album. Previously, these two combined forces to put on quite an incredible show titled, “Unstaged.”

    14 in-depth photographs from the event have been released in NFT form at $100 a pop. Cryptocurrency payments are not accepted as AMEX aims to increase accessibility.

    top dawg entertainmenttop dawg entertainment
    Credit: R/GA

    Revisiting this album has not been the easiest process for the Top Dawg Entertainment superstar.

    Considering the weight that it carries, SZA’s CTRL record proves to be extremely emotional, impactful, and full of gratitude. Immortalizing CTRL in NFT form provides new meaning and causes unpacking from the times it was recorded.


    Major players within financial industry support this project

    The machine behind this process goes by the name of Fanaply. It has previously sold digital collectibles at Coachella in 2019.

    Fanaply is eco-friendly and stores its NFT servers on Ethereum. This specific server represents user-friendly accessibility and a layer 2 solution. Fanaply thrives as a proprietary system that reduces the impact of energy consumption.

    sza ctrlsza ctrl
    Credit: R/GA

    Back in 2018, American Express Service Related Travel Co Inc. filed a patent for a blockchain proof-of-payment system. Its unwavering ability to stay on top of things proves that the company is adapting with the times. This patent automation proves that payloads may be encrypted through blockchain nodes.


    AMEX refuses to get glossed over in this new era of cryptocurrency

    American Express exists upon a larger platform titled the Hyperledger Blockchain Consortium. This ledger-based framework receives oversight from the Linux Foundation.

    Together with Linux and ColdBank AMEX released its first cryptocurrency – MetaCoin a few years back. Some of their use cases are titled Hyperledger Sawtooth, Hyperledger Fabric, and Hyperledger Grid.

    top dawg entertainmenttop dawg entertainment
    Credit: R/GA

    Above all else, American Express has proved that it is here to embrace the blockchain rather than fall behind and lose business. Its exclusive program provides desirable perks for customers, novelty features, and reward programs. By adding a layer of exclusivity, AMEX hopes to generate trades, increase user interaction, and curate what it likes to call, “souvenir magic.”

    Certainly, this company possesses momentum and durability within the online NFT space. It is paving the way for traditional finance firms and becoming even more of a behemoth in financial industry sectors.

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    Nornickel Launches Hyperledger-Based Tokens Backed by Nickel and Copper

    Nornickel, a major metal producer, wants investors to learn about digital assets.

    To that end, when customers buy exchange-traded commodities (ETCs) based on the company’s metals, they will also receive blockchain-based tokens alongside the more traditional certificates.

    Nornickel subsidiary Global Palladium Fund (GPF) is launching ETCs on nickel and copper, along with blockchain tokens proving their authenticity, on the London Stock Exchange (LSE) and Borsa Italiana, the firm announced Thursday.

    Related: IBM Donates Code Improvements to Open Source Hyperledger

    The tokens will be issued by Swiss-based Atomyze, Nornickel’s tokenization platform, using Hyperledger Fabric, an open source blockchain base overseen by The Linux Foundation. Nornickel has demonstrated a long-lasting allegiance to Hyperledger. The company joined the consortium two years ago.

    Wednesday’s move is only the latest by Vladimir Potanin, Nornickel’s oligarch founder, who has long been a champion of metal-backed cryptocurrencies.

    The GPF has already launched gold, silver, platinum and palladium ETCs on LSE and the Deutsche Boerse. According to Alexander Stoyanov, managing director of the GPF, the securities were welcomed with notable demand, though he declined to disclose any numbers.

    Blockchain story, with caveats

    The Hyperledger-based tokens will have the numbers from particular metal batches purchased by a certain client encoded in them, while the traditional certificates will only show the client bought a share in the fund, according to Stoyanov.

    Related: Amazon Managed Blockchain at Last Supports Ethereum, Ending a Two-Year Tease

    The actual metal backing the ETCs will be stored in the vaults of the ICBC Standard Bank, institutional custody provider Brinks and London Metal Exchange warehouses in Rotterdam. Buyers will receive the traditional certificate representing their share in the GPF, along with tokens on their accounts with Atomyze.

    Now, those two will not be directly connected, Stoyanov said, although he hopes that in the future, when the market is more used to tokenized commodities, that will change.

    Read more: Meet the Russian Oligarch Launching a Metal-Backed Crypto Token

    “Of course, we would love to sell our tokens without the ETCs. But the [investment] funds have a mandate from their clients to buy certain investment products. And we want to create a community and get people comfortable with the DLT and such products. With time, acceptance of this format will come,” Stoyanov told CoinDesk over a call.

    The tokens were created to show buyers the benefits of decentralization and transparency that blockchains provide. In reality, however, the project looks more like a traditional, centralized enterprise. At this point, the only way to check your token balance is to look it up in your Atomyze account. There are no external blockchain explorers that can be used to verify that information, Stoyanov said.

    It is also technically impossible to withdraw your tokens from Atomyze, according to Stoyanov. The blockchain nodes will be run by Atomyze itself. He said the stock exchanges listing the ETCs would not run their nodes, at least for now.

    “We don’t even know how to start a conversation about this with the exchanges,” Stoyanov admitted. “However, I know some of them are looking that way already. With our project, we’ll try to prop the look a bit more actively.”

    Tokenization dreams

    Nornickel is one of the few industrial heavyweights that wants to use distributed ledger technology (DLT) not only for enterprise use cases, like trade finance or supply chain management, but also for tokenizing its own assets.

    Potanin, the company’s founder, has been a long-time fan of blockchain technology. His vision is to let people buy metal-backed tokens as a way to get exposure to metal-related markets without having to bet on particular companies’ success.

    Since starting its blockchain venture in 2019, Nornickel had two issuers registered in Switzerland and the U.S., the latter hiring a group of execs from top enterprise blockchain, crypto and Wall Street firms. Both firms are working with Nornickel’s metals supply via the Global Palladium Fund.

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    Kaleido open sources consortium system for enterprise blockchains – Ledger Insights

    Today, as part of the Hyperledger Global Forum, Kaleido has open sourced the multi-party system Firefly, which has been accepted as a Hyperledger Labs project. Separately Kaleido announced that it now supports Hyperledger Fabric as part of its solution offering, a combination of a Blockchain as a Service and building blocks to create blockchain applications.

    So what is the Firefly multi-party system? When people think about blockchain apps, they tend to think about the blockchain protocol and the smart contracts on top of that. But getting a solution up and running for a consortium requires more than that. It needs a fair bit of plumbing.

    When an enterprise uses a blockchain, they want to integrate the solution with their own backend systems. And the blockchain alone is not enough. They often want to send peer-to-peer messages, files or other data between one or more blockchain participants, which are confidential and not intended for the blockchain.

    According to Kaleido, these two plumping features – internal integration and peer-to-peer sharing – are where consortia spend the bulk of their blockchain budgets. And Kaleido should know because they’ve been involved in some major integrations, including agribusiness consortium Covantis and the trade finance solution Komgo where they supported the likes of Citibank, ING, MUFG and Shell.

    Apart from the blockchain and the two plumbing features, there’s also a control panel where the consortium manages the configuration details. Together these create a multi-party system.

    Many of the moving parts are themselves open source software, such as the underlying blockchains and decentralized file storage. In terms of enterprise blockchains, Firefly supports Enterprise Ethereum flavors Hyperledger Besu and Quorum, as well as Hyperledger Fabric. It will explore supporting Corda.

    Kaleido isn’t the only one to announce a new project Hyperledger project today. IBM said it’s contributing Hyperledger Fabric Tokens and the IBM Blockchain Platform Console. And Japan’s Datachain introduced YUI.


    Source

    Ledger Insights
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