#blockchain

The collaboration aims to promote the development of Web3 apps on the Tezos blockchain. Google Cloud credits and mentorship are available to startups from the Tezos incubator. Google Cloud previously launched a Ronin network validation node and an Ethereum blockchain node hosting mechanism. The TRX token's price rose by 10% in response. Google has been involved with cryptocurrencies for a while, but you still give it some thought.

Blockchain technology has been used to pilot Brazil's digital real. Execution took place on the Stellar infrastructure of the local Mercado Bitcoin exchange. The experiment included a KYC procedure, a fraud protection check using decentralized identity identification, and direct fund transfers. All worked well, no violations of the country's laws were detected (thankfully, the tests had not yet been banned), though Mercado's head teased that the Central Bank's real motive was to see how things would unfold if it lost its direct control over money.

Arkham Intelligence has developed an app that uses a Twitter handle to search for anyone's activity across various blockchains, including Ethereum, Polygon, and BNB Chain. The app can: find wallet addresses that the user has interacted with; filter the user's recent transactions; visualize their actions on the blockchain. Anyone who wants to join this impressive initiative can sign up for the waitlist. The first entities on the waitlist are probably the IRS and the FRS.

The state of Illinois decided to make a difference in the world of blockchain, and it succeeded. The local Senate wants to be able to... cancel bitcoin transactions. According to the Digital Property Protection and Law Enforcement Act, validators must cancel transactions and return the funds to the sender or transfer them to the state Treasury if ordered by the state's attorney. The same goes for smart contracts, which must be rescinded upon a valid court request. Shall we expect a manual sunset in the next bill?