If you memorize these CBDH real questions, you will get full marks.

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Exam Code: CBDH Practice exam 2022 by Killexams.com team
CBDH BTA Certified Blockchain Developer Hyperledger

This exam is a 70 question multiple-choice exam that lasts 1.5 hours and is a performance-based evaluation of Hyperledger development skills and knowledge. Internet access is not provided during the exam, nor is any course material or study guides.
Scores and Reporting
Official scores for exams come immediately following the exam from Pearson VUE. A passing score is 70%. exam results are reported PASS/FAIL and you will be provided your percentage. Blockchain Training Alliance does not report scores on individual items, nor will it provide additional information upon request.

The BTA Certified Blockchain Developer Hyperledger Fabric (CBDH) exam is an elite way to demonstrate your knowledge and skills in this emerging space. Additionally, you will become a member of a community of Blockchain leaders. With certification comes monthly industry updates via email and video.

The CBDH exam is a 70 question multiple-choice exam that lasts 1.5 hours and is a performance-based evaluation of Hyperledger Fabric development skills and knowledge. Internet access is not provided during the exam, nor is any course material or study guides.

A person who holds this certification demonstrates their ability to:
Plan and prepare production-ready applications for the Hyperledger blockchain
Write, test, and deploy secure chain code
Understand how to use Hyperledger Composer to rapidly build Hyperledger applications
Write chain code using either Go or NodeJS
This exam will prove that a student completely understands how to:
Create a Hyperledger model
Build proper access controls for blockchain assets via .acl
Implement a Hyperledger ".bna" banana
Write and compile smart contracts as chain code
Deploy smart contracts on channels in the private network

BTA Certified Blockchain Developer Hyperledger
BlockChain Hyperledger Free PDF
Killexams : BlockChain Hyperledger Free PDF - BingNews https://killexams.com/pass4sure/exam-detail/CBDH Search results Killexams : BlockChain Hyperledger Free PDF - BingNews https://killexams.com/pass4sure/exam-detail/CBDH https://killexams.com/exam_list/BlockChain Killexams : Implementing blockchain: Why a security strategy must come first

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More industries are incorporating blockchain applications into their business, drawing the attention of threat actors — like the accurate Axie attack, for example. As a result, many cybersecurity professionals are now finding they are responsible for securing blockchain systems. Unfortunately, even skilled cybersecurity professionals are ill-equipped to secure blockchain applications because it and other decentralized applications bring different risks and threat vectors that can only be mitigated through tailored controls.

Blockchain technology allows untrusted parties to agree on the state of data and applications securely, but that security certain is quite narrow. This means that many developers and users assume this security broadly applies to applications built on top of the blockchain. When in reality, that’s not the case. Whether it’s due to code mistakes, breaches or scams, both individuals and big corporations have lost significant amounts of money — in fact, scammers stole $14 billion worth of cryptocurrencies in 2021.

Failing out in the open

Threat actors gravitate toward the easiest targets with the most profit. As we approach a blockchain-reliant future, ensuring that developers and security professionals understand what it takes to secure applications on blockchain is paramount. Threat groups will continue to pivot as security frameworks evolve to better protect traditional assets. A prime example is ransomware groups, which have already adopted blockchain for payment. It is only a matter of time until they pivot their targets to Web3 as well.

In a public blockchain ecosystem, every new technology or application is developed and launched under full view. This brings many challenges, but is particularly painful when developers are also pressured to launch as quickly as possible.  Developers used to spend years developing the product and planning for its launch. Now, this long-standing process does not align with our current reality, in which blockchain developers may ideate and launch a product over as little as a single weekend.

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Today, many projects in the blockchain space are created by organizations without robust security programs, processes and controls that can withstand advanced threat actors. This leads to teams missing or misclassifying risk factors and gives businesses a false sense of security. Combining fast development and a lack of security talent, attackers are able to find easy targets.

Blockchain beyond Bitcoin

Blockchain spending is expected to reach 19 billion by 2024, so now is the time for organizations to adopt new technology. If implemented correctly, blockchain can offer increased transparency into operations and processes, making it highly sought after. Offerings touted by advocates include the tokenization of money flow, supply chain financing and the cross-border movement of money. However, it may be difficult for businesses to launch applications on the blockchain that ensure security is at the forefront of their technology.

A business that wants to implement new technology or processes needs the tools and team to successfully execute it. For instance, if a finance team is interested in implementing cloud-based software to streamline the payroll process, they hire a strong team with the knowledge and necessary skill set at their disposal to safely realize their goal.

Cloud security tooling and resources are now plentiful in our industry. However, if the same finance team from the example above looks to implement blockchain technology in their company payroll, they will have a harder time finding security and development tools and talent to ensure the product is safe. Adoption of blockchain is far outpacing available expertise. The challenge here is that security can easily become an afterthought if an organization doesn’t have a knowledgeable team dedicated to identify and mitigate threats.

Blockchain and your orgs’ security strategy

Organizations that adopt blockchain also need a security strategy to operate successfully. This includes finding cybersecurity professionals who are knowledgeable about the space. As many seasoned security professionals look at blockchain as a fad or unnecessary technology at best, this may be increasingly difficult. 

It is challenging for traditional security experts to be excited about NFTs and cryptocurrency taking the blockchain community by storm. We are, of course, a risk-averse group in general.  This then leads to a shortage of experienced security professionals in blockchain, even when investment is accelerating. 

Instead of disregarding blockchain, security professionals can take a middle-of-the-road outlook on the future of the technology. Whether you believe it is the future or not, you can recognize there is a real impact to people and organizations when attacks happen. As for organizations without proper knowledge of blockchain security — you are launching without a safety net.

Ryan Spanier is vice president of innovation at Kudelski Security.

DataDecisionMakers

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Tue, 11 Oct 2022 23:07:00 -0500 Ryan Spanier, Kudelski Security en-US text/html https://venturebeat.com/security/implementing-blockchain-why-a-security-strategy-must-come-first/
Killexams : Blockchain: A fix for the broken data layer underlying the global labor market

This article is part of a VB special issue. Read the full series here: How Data Privacy Is Transforming Marketing.

Let’s face it: The labor market is completely outdated. It’s been that way for a while. Change is finally coming based on three major forces all converging. These forces — the volatile and disrupted labor market, rising privacy concerns and the emergence of blockchain technology — are creating a necessary change in the way individuals navigate their careers and livelihood, and how employers and other stakeholders in the labor market make workforce-related decisions. The possible end result is a once-in-a-generation revolution for the job market. 

A volatile and disrupted labor market 

Technological and social changes are driving the mega-trends for the future of work. With the global skills gap, talent shortage, job market polarization, deepened inequalities and the rising tide of non-standard employment, the labor market continues to be one of humanity’s biggest challenges for the next decades. 

The right to work — the free choice of employment — is a basic human right. The modern labor market is fragmented, ultra-specialized, filled with all sorts of alternative work arrangements or gig employment. It becomes an extremely confusing environment to navigate as the growing sense of job insecurity cuts to the core of identity and social stability. Now more than ever, we need to accelerate our ability to develop and deploy human capital on a global scale. 

Rising privacy concerns 

With the arrival of the commercial internet in the 1990s, data collection efforts began exponentially ramping up to generate mountains of information. The personal data users give away for free is transformed into a precious commodity. For a long time, brands could do this unabated, and consumers did not voice their concerns. However, that’s beginning to change. According to the Pew Research Center, 79% of Americans now report being concerned and confused and feeling a lack of control about the way companies are using their personal information. These growing concerns and the cascade of privacy scandals that have come to light in accurate years are driving legislatures towards much more rigorous privacy legislation and enforcement. 

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The emergence of distributed ledger technologies (blockchain) 

Blockchain is no longer just about Bitcoin or cryptocurrencies in general. Instead, it can be seen as a disruptive, revolutionary technology that will have major impacts on multiple aspects of our lives. A blockchain is a distributed database or ledger that is shared among nodes of a computer network that are operated by a community of independent and unrelated entities, usually incentivized to provide computational resources to the network. The innovation of blockchain is that it guarantees the fidelity and security of the records of data it stores and generates trust without the need for a centralized controlling entity. 

The revolutionary power of such technology compares with the revolution sparked by the internet. Just as the internet is a means of sharing information, so blockchain technologies can be seen as a way to introduce the next level: sharing trust.

Fixing the broken data layer underlying the global labor market

The emerging contours of the new world of work are rapidly becoming a lived reality for millions of workers around the world. The opportunities for economic prosperity, societal progress and individual flourishing inherent in this new world of work are enormous. Yet they depend crucially on the ability of all concerned stakeholders to instigate reforms in education and training systems, labor market policies, business approaches to developing skills, employment arrangements and existing social contracts. 

Hiring people based on what they say about their own skills, identity and education credentials is terribly inefficient. Self-reported career records are unreliable and non-standardized. Misrepresentation is common. Verifying applicants’ and employees’ data requires manual, weeks-long processes that add unimaginable friction and cost to the labor market. As a matter of fact, today’s labor market’s data exchange infrastructure has more in common with the outdated postal service than with this generation’s digital world. 

It is clear that we need a new data-sharing architecture to replace the outdated, fragmented way talent represents their career reputation across the labor market via resumes and other self-reported online profiles. 

Blockchain technology has the power to overcome these challenges by letting individuals own their careers and personal information, rather than relying on LinkedIn and other third-party job boards which ultimately control an individual’s data.

The blockchain has the potential to radically change the way people navigate their careers and livelihoods and how employers make talent decisions. Ultimately, this technology — although still in its infancy — just might transform the job market. 

Dror Gurevich is the Founder and CEO of Velocity Career Labs™ and the Velocity Network Foundation®.

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Fri, 07 Oct 2022 20:20:00 -0500 Dror Gurevich, Velocity Career Labs en-US text/html https://venturebeat.com/data-infrastructure/blockchain-fix-broken-data-layer-underlying-global-labor-market/
Killexams : Blockchain mining needs a makeover — but so does mining policy

Like so much of the civic discourse in America these days, the debate over the environmental implications of digital assets, particularly cryptocurrencies, is unnecessarily polarized. The policy that governs the energy-intensive computer “mining” of assets like bitcoin from hidden corners of cyberspace often descends into a pit of binary parley — a zero-sum game where one political team can win as long as the other team loses.

Where can America find common ground on bitcoin mining? What solutions might lead to mutually beneficial outcomes for both advocates and opponents of the process? Entrepreneurs and regulators might each achieve their respective goals by welcoming a little more creative destruction and incentivizing the public’s ability to make their own choices.

On one side of the debate are bitcoin enthusiasts and investors who downplay bitcoin’s electricity-guzzling image and suggest that bitcoin mining will save the world. On the other side, environmental groups and scholars state that cryptocurrencies exacerbate environmental justice concerns by mining in communities that are poor or rural and complain that bitcoin is destroying the planet. Both sides seem to have an ornery determination to prove the other wrong.

But this blunt style of verbal combat leaves little room for creativity in terms of how we replenish the Earth without harming our core democratic values of liberty and economic freedom. This is one case where these goals do not have to be in conflict.  

With calls for moratoriums and bans on bitcoin mining, state lawmakers and federal regulators have exhibited unusually autocratic behavior in their targeting of an entire industry subsector. In order to meet climate change goals, New York recently passed a bill to ban certain bitcoin mining operations that run on conventional, carbon-based energy sources. The bill explicitly bans the “proof of work” approach to mining, which powers the Bitcoin blockchain and uses high energy-intensity mining. In its Crypto Assets Climate report, President Biden’s Office of Science and Technology Policy (OSTP) also recommended that the administration consider limiting or eliminating proof-of-work consensus mechanisms. 

If such bans were implemented, state and federal governments would effectively be picking winners and losers by favoring ethereum – a blockchain alternative with a more energy-efficient method of online extraction – over industry leader bitcoin. Denying the public a fair choice underscores just how unbalanced a role the government, instead of the market, is playing in addressing these questions and shaping the future of the digital asset economy. 

While proponents of government investment suggest that funding renewable energy innovation might spur a transformation of multiple industries, including bitcoin mining, and lead to some job growth, if it crowds out private sector investment, we may lose out on much of the contributions of private innovation. Over-relying on government action and specific mandates might disincentivize experimentation and market discovery, especially where conventional and novel industries intersect. Government moratoriums may also cripple the ability of bitcoin mining operations to improvise and find stopgaps to mitigate environmental risks, thereby decreasing short-term innovation, economic activity and wealth creation. If conflict resolution theory tells us anything, then forced compliance is an act of last resort and rarely bridges gaps between disagreeing parties.

Instead, the market should be incentivized to experiment and develop a diverse slate of solutions for the short, medium and long-term–systematic and sustainable improvements in energy efficiency and reliability that minimize environmental risks to local communities.

North Carolina’s market-driven approach to bitcoin mining is one factor that enabled the state to place first in CNBC’s 2022 America’s Top States for Business survey. Because of its permissive bitcoin mining policy, entrepreneurs in North Carolina are free to experiment with novel ways to power mining operations in an environmentally sustainable way. One company has invented a process called “thermal demanufacturing” to redirect wasted tires from landfills and convert them into byproducts of steel and energy to power data centers and bitcoin mining. Although many bitcoin miners still need to address their external designs, noise pollution and the water waste that rural communities are particularly susceptible to, entrepreneurial efforts like this one will help the transition to a cleaner, more sustainable ecosystem, while also providing the industry with a much-needed reputational makeover.        

Before enacting moratoriums or bans on bitcoin mining and other energy-intensive industries, policymakers should try to avoid placing impractical expectations on innovative industries where new challenges are inevitable. A culture of innovation and understanding often simply needs time to find solutions to complex technological and environmental challenges.

This softer, less ultimatum-driven policy approach is more reasonable and addresses the realities of market forces, which are unlikely to quickly meet politicized policy objectives — especially those that overly rely on threats of regulatory prohibition.

Agnes Gambill West is a visiting senior research fellow with the Mercatus Center at George Mason University.

*Disclaimer: The author is the co-chair of the North Carolina Blockchain Initiative and a member of the North Carolina Innovation Council. The author has no financial stake in the blockchain mining industry.

Fri, 07 Oct 2022 23:00:00 -0500 en-US text/html https://thehill.com/opinion/technology/3678330-blockchain-mining-needs-a-makeover-but-so-does-mining-policy/
Killexams : Blockchain, Once Overhyped, is Finding Real Transportation Use Cases
An example of how blockchain technology could work in trucking. - Image: Blockchain in Transport Alliance

An example of how blockchain technology could work in trucking.

Image: Blockchain in Transport Alliance

Five years after blockchain technology burst onto the transportation scene, you may wonder whatever happened to it.

In 2017, blockchain was touted as the answer to transportation woes ranging from supply-chain visibility to outdated EDI (electronic data interchange) technology. A new group, the Blockchain in Trucking Alliance, was formed to advance the adoption of blockchain technology by trucking.

BiTA was launched by Craig Fuller, CEO and managing director of TransRisk, with founding partners such as McLeod Software, Triumph Business Capital, U.S. Xpress, Convoy, 10-4 Systems, and Fleet Complete. By the end of the year, it had broadened its focus to all transportation and changed its name to the Blockchain in Transport Alliance. Companies such as Penske and UPS joined the group.

With blockchain-capable transactions, BITA contended, the trucking industry could gain several benefits, such as immediate payments to drivers upon delivery, self-directing fuel and maintenance payments, complete automated settlements, and infinite recording of carrier history and safety.

Blockchain is a combination of technologies that allow transactions between parties via a trusted, shared ledger. Each transaction is coded into a block, which becomes part of a chain of blocks. Entries or changes to the chain cannot be made without authorization of all participating members. The most well-known use of blockchain technology involves cryptocurrencies, such as Bitcoin.

The Blockchain in Trucking Alliance offered this definition when it launched: “To put it simply, a blockchain is like a database — it’s a way of storing records of value and transactions.” The key is that the database is “immutable.” An IBM white paper on the subject noted that in traditional transactions, each party keeps its own record (or ledger) of each transaction. That leads to each participant having its “own version of the truth,” instead of one version of the truth that all participants agree is correct.

Everyone jumped on the bandwagon. But five years later, we’ve seen only a handful of trucking applications using blockchain.

Blockchain's Hype Cycle

With accurate cryptocurrency scandals casting a shadow on blockchain in general, trucking reporters at the McLeod Software User Conference asked company officials about the current status of the technology for transportation.

Ken Craig, CIO for McLeod Software and a member of the board of directors for the Blockchain in Transport Alliance, referred to a accurate report from Gartner on where blockchain stands in the company’s Hype Cycle of Emerging Technologies.

“Smart contracts and tokens are just computer code and are independent of the greed and corruption of the ‘centralized’ bad actors that took advantage of them,” explained Gartner VP Analyst Avivah Litan in a blog post. “In fact, bad guys experiment with new technologies much faster and earlier than the good guys do. That’s a historical fact. It takes time for the ‘good use cases’ to catch up, and it takes even more time for fraud and security controls to be deployed.”

Blockchain technologies have matured enough to support many business applications, she said, but there haven't really been any "killer apps" for the technology. Instead, we are seeing gradual improvements using blockchain technologies. Some innovations, such as blockchain wallets and smart contracts, are expected to reach maturity in less than five years, Litan said. Overall, Gartner expects that the majority of blockchain innovations will reach maturity within two to 10 years.

As Craig said, a lot of early blockchain adopters couldn’t provide a value. “It’s at least a two- to five-year process, and it shouldn’t be done without a business case,” he said.

Both Craig and Gartner cite the food chain as an example of a business case where blockchain technology makes sense.

Major food companies such as Nestle, Tyson, and Walmart are using or testing blockchain to Excellerate traceability, deter fraud, and Excellerate responses to contamination and food-borne illness, according to Scott Haskell with the Institute for Food Laws and Regulations at Michigan State University. And changes in the works at the U.S. Food and Drug Administration could help drive the adoption of blockchain in the food chain with more extensive regulations on food traceability.

Even back in 2017, the 22nd Annual Third-Party Logistics Study warned that it would take a coordinated effort to drive adoption of blockchain in transportation. The study found that while 30% of 3PLs and 16% of shippers saw blockchain as a potential application, they had yet to engage with the technology.

“Blockchain has the potential to make significant improvements in security, transparency, and governance, but only in supply chains where there is value in controlling consumer risk, valuable goods or complying with regulations,” said Ken Toombs, global head of Infosys Consulting, at the time. “Shippers and 3PLs will need to work together to drive value from blockchain, using lessons collectively learned from missteps with other emerging technologies, like Radio Frequency Identification (RFID).”

New Life for Blockchain in Transport Alliance?

While many BiTA members have left the organization, said Craig, the group has reinvented itself. No longer a TransRisk project, he said, it’s now a 501(c) organization.

“We’re still working on standards” for blockchain, he said, and the group already has produced several for the industry.

A few months ago, the IEEE Industry Standards and Technology Organization, an international federation of industry groups dedicated to the advancement of standardized technologies for the benefit of industry, announced the BITA Standards Council as its existing member program.

Incorporated as a 501(c)(6) in March, the BITA Standards Council "has the mission to publish, and certify open-source standards to facilitate global commerce, initially with a focus on blockchain-enabled technologies in the transportation and logistics industries," said the IEEE announcement.

“By standardizing the data formats of attributes on transportation blockchain platforms, we will Excellerate interoperability within the industry and create efficiencies in the supply chain and track and trace applications” said Dale Chrystie, BSC President and Business Fellow, Blockchain Strategist, for FedEx, in a news release.

“[Blockchain] still has life, but the life is driven by business use cases, not technical hype,” Craig said. “There are several good practical use cases in the trucking industry. It’s still alive and well — we just need to look at it as a technology.”

Tue, 11 Oct 2022 12:00:00 -0500 text/html https://www.truckinginfo.com/10183205/blockchain-once-overhyped-is-finding-real-transportation-use-cases
Killexams : Blockchain-Powered Digital Assets And What It Means For Fintech

CEO of Cheesecake Labs, a software consultancy, design and engineering company that helps you build successful tech products.

Blockchain and digital assets represent a trillion-dollar opportunity, as PwC economists expect blockchain to boost global GDP by $1.76 trillion by 2030. Central banks have embarked on a number of retail and wholesale CBDC projects. And USD stablecoins are already ~6% of USD Currency in circulation (143 billion out of 2.3 trillion).

As CEO of a software consulting, design and engineering firm that has implemented stablecoins and CBDCs for financial institutions in the U.S., Ukraine, Indonesia and Brazil, I’ve seen innovative use cases for digital assets and tokenization. In this article, we’ll cover the key benefits of digital assets and what it means for fintech.

What Is A Token, And What Can Be Tokenized?

A token is a digital asset that resides on an existing blockchain and is used to represent an asset or utility but does not have its own unique blockchain. For example, ERC-20 tokens live on the Ethereum blockchain, deployed by a smart contract, but do not have their own blockchain.

Asset tokenization is the process by which digital tokens are created on a blockchain, representing either digital or physical assets. The real-world assets backed by digital tokens continue to exist “off-chain,” while digital tokens exist on the chain, acting as a store of value and carrying the rights of the assets they represent.

Tokenization can turn almost any asset, either real or virtual, into a digital token as it allows both fractional ownership and proof-of-ownership. Here are some examples.

• Tradable financial assets—such as bonds, debentures, common stocks and other securities—can democratize investments with fractional ownership and made available to retail clients.

• Fiat currencies (governmental-issued legal tender) can be tokenized as stablecoins or CBDCs, taking payment options to another level.

• Commodities and precious metals—such as silver, gold and platinum—reduce bureaucracy in holding, storing and transferring assets. For example, Pax Gold (PAXG) is a digital token, backed by physical gold, with more than $500 million USD in market cap.

• Intangible assets, such as trademarks, copyrights, royalties, patents and intellectual property.

• Customer loyalty reward points, which can provide more transparency, liquidity, interoperability and real ownership for corporate points.

• Collectables of unique objects—such as virtual collectibles (CryptoKitties and others) and fine art—make digital ownership possible through non-fungible tokens (NFTs), which are, by definition, unique, irreplaceable and noninterchangeable.

What Are The Key Benefits Of Asset Tokenization?

The benefits of tokenizing assets are numerous. From increased liquidity to operational efficiency and real-time traceability, there are different opportunities unleashed with this technology.

• Assets fractionally and increased liquidity: Starting with liquidity itself, blockchain enables greater liquidity by fractionalizing assets and allowing investors to own and perform actions over only a portion of the asset. By reducing the barriers to investment, it becomes more accessible to a wide range of people. As fractional ownership allows illiquid assets to become traceable on the secondary market, more investors can participate in the ecosystem.

As an example, let’s take the case of a person who needs to take out $50,000 of property valued at $500,000. Instead of selling the entire property and losing its utility as a living space, the person can tokenize the property into 500,000 security tokens and sell 50,000 tokens to multiple investors.

The benefits of higher liquidity also have the potential to allow for shorter lock-up periods. Sometimes investors need to wait for years to take profits or losses on large and illiquid assets. With asset tokenization, investors are able to sell their tokens easily in a liquid market.

Another great benefit of assets fractionally is increased access to a wider range of investors. In traditional markets, great investing opportunities may be limited due to geographical reasons imposed by intermediary functions or due to high minimum investment thresholds. With blockchain-powered digital assets, access to financial markets is enabled regardless of the location of an investor and with a much lower minimum capital requirement.

From a portfolio diversification perspective, lowering the minimum investment threshold allow small investors to diversify their portfolio and enter previously exclusive markets that were only for enterprise investors and that they could not previously afford.

And finally, shared ownership is empowered by assets fractionally. This concept aligns with a shared economy society, where assets or resources are rotated, reused and shared between individuals. People can, for example, buy a holiday house or a jetski together and decide between themselves who will use it throughout the year.

• Operational efficiency: Transferring ownership of assets today usually requires lawyers or notaries acting as intermediaries to handle the paperwork and create trust between both parties. This process results in extra time (hours or days) and cost.

Transactions in the blockchain occur in decentralized infrastructure and without requiring the involvement of a central third party for reconciliation. Inefficiencies of manual work are cut with the use of smart contracts or native blockchain features, creating a more streamlined settlement process. Tokenized assets allow faster transactions with less administrative burden and with significantly reduced transaction costs.

• Transparency and real-time traceability: Tokenized assets allow for improved traceability and transparency. Because every transaction is immutable and registered in the blockchain, owners are unable to change the history of tokenized assets to make them appear more attractive. This allows investors to have access to a clear view of the updated history and make more informed decisions.

Digital Assets And The Future Of Fintech

Blockchain-powered digital assets can be easily broken down into smaller units, democratizing investments with fractional ownership and improving liquidity with a faster settlement and lower transaction costs. In addition to the impact on operational efficiency for financial institutions, fractionally and lower minimum investment thresholds are key for financial inclusion for smaller investors.

The way we invest in assets is fundamentally changing with the arrival of tokenization. And now is the right time, because blockchain technology is more mature—and we know better how to use it. Thanks to the key benefits of this technology, asset tokenization is on its way to becoming the next global trend in the field of fintech.


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Tue, 04 Oct 2022 12:00:00 -0500 Marcelo Gracietti en text/html https://www.forbes.com/sites/forbestechcouncil/2022/10/05/blockchain-powered-digital-assets-and-what-it-means-for-fintech/
Killexams : 6 tips for launching a blockchain startup

These days, a blockchain startup founder should expect to navigate challenging waters. Even in the best of times, founders must both prepare for a bull market and be ready for possibly bearish territory.

Having a solid roadmap, real-world use cases and a war chest are only a small part of a blockchain startup’s survival strategy. Founders also need to be aware that while non-crypto startups can offer useful and transferrable launch strategies, the road to achieving success in the blockchain industry is paved differently.

Here are tips every blockchain founder should consider before launching.

Bear the market conditions in mind

Bear markets appear more attractive to blockchain businesses looking to launch. But before suiting up for winter, founders must assess whether it’s worth waiting to launch until market conditions are better.

In the web3 world of horizontal technologies, you’ll be running against the wind if you wait to build relationships until you’ve built a technology.

Evaluate your startup with the same criteria investors use during a bear market. Investors want to see a strong roadmap with deadlines and benchmarks that don’t simply come and go with no activity, as this is a signal to investors that a slow rug pull is underway.

Evidence of a diversified war chest that you can draw from is pivotal, especially when providing returns on locked assets is the main impetus for attaining liquidity. In addition, analyze the market situation from a technical standpoint: The bear market is an attractive time to launch, but it’s also a time to go heads-down and focus on building your product.

Regardless of market conditions, make use of your reward programs for loyal community members by offering staking rewards, airdrops and giveaways without needing to raise additional capital, similar to the traditional business world.

Opt for longer vesting schedules

In the non-crypto startup scene, it’s common to include compensation packages as an incentive for employees to perform well. Blockchain startups do this during the presale period of an initial coin offering using a method called vesting, where they lock and release assets (usually in the form of tokens) over a certain period. In so doing, they give their team, investors and advisers the right to certain assets such as retirement and stock options.

If you choose this path, set up the token metrics and the vesting period for the gradual release of these tokens in a way that doesn’t put too much pressure on the token itself. Many crypto projects unlock and distribute their tokens every three months, and they’re finding private investors dumping them on the market, which is bad for the team and the community. In turn, retail investors also begin selling up front because they know a dump is coming.

Opt for longer vesting schedules — between three and five years — to show that you have a financial incentive to continue project development. Split the release of the tokens: Release the private sale investor tokens one month, the adviser tokens the next month and the team tokens a month later. If it’s all in one month, the risk for retail investors will be too high.

Don’t underestimate crypto regulations

Tue, 11 Oct 2022 12:00:00 -0500 en-US text/html https://techcrunch.com/2022/10/12/6-tips-for-launching-a-blockchain-startup/
Killexams : NetSPI Introduces Deployment-Inclusive Blockchain Security Services

The penetration testing company will help enterprises leveraging or exploring blockchain uncover the security weaknesses in their deployments

MINNEAPOLIS, Oct. 10, 2022 /PRNewswire/ -- NetSPI, the leader in enterprise penetration testing and attack surface management, today announced its new deployment-inclusive blockchain penetration testing service. The company will provide a comprehensive, full-spectrum evaluation of blockchain-based deployments to enterprises by utilizing its decades of penetration testing expertise, coupled with its understanding of the architecture's unique security concerns.

NetSPI logo (PRNewsfoto/NetSPI)

Its blockchain penetration testing services will evaluate all deployment models, including private, permissioned, consortia, and public, and various distributed ledger technologies including ConsenSys Codefi, R3 Corda, Hyperledger Fabric, custodial platforms and public chains, and more.

"Blockchain's biggest innovations are below the surface," according to the Forbes Blockchain 50 2022. The world's largest organizations are now using distributed ledger technology to manage daily operations, from verifying insurance claims to tracking auto parts in the supply chain. Organizations are recognizing the scalability, competitive advantages, and revenue opportunities it presents.

"As adoption skyrockets, technology and security teams will need to quickly develop their blockchain acumen to support and protect these solutions – this begins with identifying and addressing people, process, and technology gaps," said Travis Hoyt, Chief Technology Officer at NetSPI. "Our new blockchain penetration testing service line demonstrates NetSPI's commitment to be relentlessly future focused, so our customers can be too."

Enterprises currently leveraging or evaluating the potential of blockchain can partner with NetSPI to Excellerate the security of their deployments. To learn more about NetSPI's blockchain penetration testing services, visit www.netspi.com or contact us. Or connect with Travis during NetSPI's Breakfast & Blockchain virtual, live event on November 3.

About NetSPI:

NetSPI is the leader in enterprise penetration testing and attack surface management. Today, NetSPI offers the most comprehensive suite of offensive security solutions – attack surface management, penetration testing as a service, and breach and attack simulation. Through a combination of technology innovation and human ingenuity NetSPI helps organizations discover, prioritize, and remediate security vulnerabilities. For over 20 years, its global cybersecurity experts have been committed to securing the world's most prominent organizations, including nine of the top 10 U.S. banks, three of the five largest healthcare companies, the leading cloud providers, and many of the Fortune® 500. NetSPI, a KKR and Ten Eleven Ventures portfolio company, is headquartered in Minneapolis, MN, with global offices across the U.S., Canada, the UK, and India. Follow NetSPI on FacebookTwitter, and LinkedIn.

Media Contacts:
Tori Norris, NetSPI
victoria.norris@netspi.com
(630) 258-0277

Jessica Bettencourt, Inkhouse for NetSPI
netspi@inkhouse.com
(774) 451-5142

Cision

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SOURCE NetSPI

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Killexams : Blockchain games and metaverse projects raised $1.3B in Q3: DappRadar

Venture financing for the blockchain industry remained robust in the third quarter, even as bearish conditions ravaged digital asset markets, a sign that venture capital firms were focused more on the long-term value proposition of the sector.

Blockchain games and metaverse projects raised a cumulative $1.3 billion in venture capital between July and September, according to DappRadar’s latest BGA Games Report. While this figure was down 48% compared to the second quarter, it was nearly double the total amount raised in 2021.

DappRadar said that projects focused on Web3 metaverse infrastructure accounted for over 36% of the quarterly investments.

Looking at blockchain gaming specifically, the report showed that underlying industry activity was still growing despite the bear market. The number of unique active wallets participating in blockchain games increased by 8% month-over-month in September to 912,000. DappRadar said that Web3 games “continue to be a driving force for the dapp industry,” accounting for nearly half of all blockchain activity across 50 networks tracked by the firm.

Wax, BNB Smart Chain, Matic, Solana, EOS and Hive are the six largest gaming protocols based on active wallet addresses. Source: DappRadar

As reported by Cointelegraph, data from DappRadar showed that seven out of the top 10 blockchain games registered an increase in unique wallet addresses during September. The company noted that most of the top games are mobile-first, a key feature in the push for wider mainstream adoption.

However, it may be a while still before blockchain and Web3 games pique the interest of casual gamers, according to a accurate survey by blockchain entertainment provider Coda Labs. The survey found that only 12% of non-crypto gamers have dabbled in Web3 games and just 15% were interested in doing so in the future.

Related: Yield Guild Games: Web3 gaming adoption needs a local touch

Nevertheless, Web3 projects of all stripes have attracted significant interest from the venture capital community. According to Cointelegraph Research, Web3 projects accounted for 42% of all individual funding deals in the second quarter and seven of the top 10 most active VCs identified Web3 as their top sector for investment.