Worldwide Web3 Wonderland | Edition #21 – Jan 2023
Hola, Web3 Buddies!
The newest edition of the Worldwide Web3 Wonderland has arrived, bringing with it some delightful developments in the space to help kick off the new year on a positive note!
Speaking of which, we have decided to lower our frequency of roll-outs owing to the market conditions. But hang in there; we’ll be back again with a bang as the space picks itself up. If you are interested in weekly updates on the decentralised world, we keep track of the DeFi segment in our Future of Fintech Newsletter, released every Tuesday!
Here’s serving the Top 10 news headlines, fresh-off-the-press to keep you in the loop of everything web3 —
Encouraging web3 adoption, Mastercard tapped Polygon for its Mastercard artist accelerator program to teach emerging artists blockchain tools and help grow their brand and fan engagements. At the same time, JennyCo partnered with Polygon to leverage its blockchain technology for its healthcare data exchange platform.
Turning a corner, ABN Amro issued its first digital bond on a public blockchain in partnership with Fireblocks and BitBond.
DeFi lender Credefi teamed up with Experian to expand Credifi’s reach of institutional-grade clients and provide a green company scoring service.
Matrixport chose Chainalysis for compliance, fraud monitoring and risk assessment services.
Removing friction from user experience, Huobi partnered with Solaris to launch a crypto-to-fiat debit card for easy spending.
Digital asset investing reached a new frontier as BlackRock added Bitcoin (BTC) to its Global Allocation Fund, allowing retail investors to gain additional BTC exposure.
Moving on to NFTs, Yuga Labs, the company behind Bored Ape Yacht Club (BAYC), announced plans to expand its NFT ecosystem with free minting options and a skill-based game called Dookey Dash. Meanwhile, Shopify enabled NFT minting and selling for merchants directly at their storefronts via Venly.
Lastly, Ava Labs partnered with AWS to support its avalanche infrastructure and dApp ecosystem.
Web3 Word Of The Week: Beacon Chain
The Beacon Chain was the name of the original proof-of-stake blockchain that was launched in 2020. It was created to ensure the proof-of-stake consensus logic was sound and sustainable before enabling it on Ethereum Mainnet. Therefore, it ran alongside the original proof-of-work Ethereum.
Don't forget to check out this Web3 delight 🍩 over the weekend for a peek into the Web3 realm – https://polygon.technology/lightpaper-polygon.pdf.
That's all for now!🤘
We hope you enjoyed this edition of the Weekly FinTech Brew!
If you're hungry for more FinTech insights, check out some of our other work at WhiteSight.
Our latest publications include our annual FinTech roundups of 2022, with a lot more left to come –
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