This week in the landscape…we learned that Coinbase has begun plans for a stock market listing that could come as early as this year , making it the first major U.S. cryptocurrency exchange to go public. Furthermore, the company set its first investor roadshow date for August 14th. Breaking this down, in short, it’s a BFD. The successful listing would instill crucial legitimacy for the industry at a pivotal time, emphasize the growing importance of blockchain, AND the increased adoption along with the exception of digital currencies in our daily lives. DiDi is forming a task force to design and implement a trial of China’s Central Bank Digital Currency (CBDC) on its transportation platform. Didi is among a select few regionally-based companies to trial the country’s CBDC with a variety of use cases. Cosco Shipping (China) is working with Ant Blockchain, of Ant Financial, to streamline its operations. BHP Group (Australia) and Chinese metals giant Baoshan Iron & Steel Co Ltd conducted its first trial trade of iron ore using blockchain. Ocean Protocol delivers PoC for Daimler AG. Get ready, Twitter users can now send digital currencies to each other, another social network stepping ahead of Facebook in this category — Reddit has stepped up first tokenizing community engagement. Unstoppable Domains launches decentralized chat protocol — super cool, definitely check this out. According to recent reports from DApp.com, Q2 2020, saw 1,394 active dapps, 2.8m active DApp users, and total transaction volume of $12.43 Billion USD generated on 12 public blockchains.
Plus trends & insights from investors, Web3 & DApp funding reports, production deployed enterprise use cases, tons of research, ZKProofs, Flow’s Blockchain Bootcamp, and more! Enjoy!
📈 Crypto Exchange Coinbase Readies Landmark Stock Market Listing
Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public, according to three people familiar with the matter. Coinbase could pursue the listing later this year or early next year, the sources said, cautioning that the plans are still subject to change. The company has not yet registered its intention to go public with the SEC, but has been in talks to hire investment banks and law firms, the sources added…read more
Related: 📈 Coinbase Plans First-Ever Investor Day Amid Talk It May Go Public — August 14, 2020 (Source: CoinDesk)
🏦 U.S. Moves Closer To Digital Dollar
The Senate Banking Committee held a hearing on 30th June to discuss digitizing the U.S. dollar. Recently, China has started testing its digital currency — the DCEP, which is rising pressure to create digital USD. It is unclear how soon the digital dollar will come into existence, although increasing competition from China may be the push U.S. regulators needed.…read more
Related: 📈 Circle Confirms Freezing $100K in USDC at Law Enforcement’s Request
🚘 China’s Uber, DiDi, to Trial PBoC’s Central Bank Digital Currency
DiDi is forming a task force to design and implement a trial of China’s central bank digital currency (CBDC) on its transportation platform. The company has entered into a strategic partnership with the Digital Currency Research Institute of the People’s Bank of China (PBoC) in an effort to accelerate the application of the CBDC, known as Digital Currency Electronic Payment, or DCEP. “Under PBoC’s overall DCEP strategy and operation timeline, DiDi’s DCEP taskforce will design and implement pilot DCEP projects in accordance with rigorous safety, security, and governance standards,” the firm said…read more
🚢 Global Shipping Giant Cosco to Trial Alibaba’s Ant Blockchain
Shanghai-based Cosco Shipping confirmed earlier this week it would trial Ant Blockchain, a product of Alibaba subsidiary Ant Financial, to streamline its operations. Cosco Shipping runs a fleet of 1,330 vessels with a combined cargo-carrying capacity of just under 106 million tons, one of the largest in the world. In a statement Monday, the companies said blockchain could be used to distribute verified and tamper-proof key documentation, such as container records and import licenses, to relevant parties.…read more
Related: 🏥 Afghanistan Approves Blockchain Project to Help Tackle Scourge of Counterfeit Meds
🖥️ Dfinity demonstrates its TikTok clone, opens up its “Internet Computer” to outside developers
DFINITY was building its so-called Internet Computer, a decentralized and non-proprietary network to run the next generation of mega-applications. Today, the company announced that the Internet Computer is now open to third-party developers and entrepreneurs to build that next generation. The vision is to reboot the internet to destroy the ability to create virtual monopolies like Facebook, LinkedIn, Instagram, and WhatsApp…read more
Related: 📖 Smart Contracts ‘Have Limited Potential’ Without IoT Sensors
⚒️ World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain
Australian Based BHP Group and Chinese metals giant Baoshan Iron & Steel Co Ltd conducted its first trial trade of iron ore using blockchain technology. The MineHub platform was used to process contract terms, exchange documents online, and provide visibility and accountability along the supply chain…read more
📖 An Israeli Blockchain Startup Claims It’s Invented an “Undo” Button for BTC Transactions
Israeli blockchain startup Kirobo has launched a “Retrievable Transfer” feature to tackle problems related to human error in cryptocurrency transactions. The platform provides a unique code to the sender; also, the receiver has to enter the matching password to receive the transfer…read more
More For Your Week:
🏦 ING Joins Crypto Industry Body Working to Set Codes of Conduct
👩🏫 APPLY NOW: Open World Builders: Free Virtual Blockchain Bootcamp — Flow
📖 [Report] Web 3 funding: Q2 2020 in numbers — Outlier Ventures
📖 [Report] CRYPTODOLLARS: The Story So Far
📖 Introducing Data Hub: The Web 3 Gateway — Figment Networks
📖 Ocean Protocol delivers Proof-of-Concept for Daimler AG
📖 Major Indian Farmer Producer Organization to Use Blockchain for Supply Chains
💸 Twitter Users Can Now Send Crypto to Each Other with Torus
📖 The hitchhiker’s guide to Ethereum
📖 Unstoppable Domains Launches Decentralized Chat Protocol
💸 Blockchain For Impact Accelerator ETC Labs Funds Female Founders — Nisa Amoils
📖 I’m a Syrian Refugee. This Is How Bitcoin Changed My Life
📖 [Video] ZKPs and Blockchain: a technology deep-dive — Paul Brody
DApps (Decentralized Apps) Watch
📖 2020 Q2 Dapp Market Report — Dapp.com
In Q2 2020, there are 1,394 active dapps, 2,808,050 active dapp users, and total transaction volume of $12.43 Billion USD generated on 12 public blockchains — Ethereum, EOS, TRON, Steem, Hive, Chiliz, Terra, ICON, Klaytn, NEO, Tomochain, IOST, and Vexanium. Ethereum has doubled (97%) its amount of active dapp user in Q2, with a sharp increase from 637,278 in the first quarter to 1,258,527 this quarter, reached its ATH. At the same time, the number of active dapp users on EOS and Tron also grew by 30% and 50% respectively, reaching 116,389 and 392,657 respectively…read more
📖 Ethereum 2.0’s Phase 0 may not go live until 2021, project researcher says
The initial stage of ethereum 2.0 — dubbed Phase 0 — may not go live until the start of 2021, according to a researcher involved in the project. Ethereum Foundation Justin Drake was asked during a Reddit Ask-Me-Anything session on Friday when the deployment of Phase 0 would begin. As previously reported, one of the main factors behind past launch delays was the multi-client approach being spearheaded by those involved in Phase 0’s development.…read more
Related: 📖 Philippines’ SEC just denounced the top Ethereum dapp as a Ponzi
📖 State of the Blockchain Game Sector | H1 2020 — DappRadar
There were a total of just under 22,000 daily active unique wallets on 30 June 2020 or around 21,400 in terms of the trailing 30 day average total. This compares to daily peaks of over 28,000 daily active unique wallets during days in January and early February. However, the cumulative totals for each individual blockchain demonstrated a divergent range of trends during the period.…read more
Related: 📖 ‘Neon District’ RPG Will Launch on Matic Network
📖 The DAPP Network’s Reddit Scaling Bounty
📖 More Open, Blockchain-Based Virtual Worlds
📖 It just got easier for developers to build on Tezos, Cosmos — Decrypt
📺 Knowledge Drop on #VCTV:
Here the latest on what’s happening throughout Space and Deep Technologies (TONs on blockchain and distributed systems) globally as I sit down with industry-leading investors on another episode of VCTV (LATOKEN).
🎙️ Research: State of the Blockchain & DApps 2020:
Available now, for free is my latest research on Decentralized Applications or DApp “Stack” Landscape Map— the Q2 2020 edition. This map provides a full overview and taxonomy of the emerging DApps industry highlighting over 400 global companies teaching playing a vital role in building next-generation applications. As a bonus, I’ve included some of the ecosystem players and groups you need to be familiar with as you prepare to release your applications. If this is the first version you’ve seen of the landscape, consider it your guiding roadmap to further understanding not only the industry but all the core technology required to build a full or partial Decentralized Application (DApp).
Additionally, you can find my Q1 2020 research on the entire Blockchain Landscape. This is now the fifth edition of the landscape. You’ll find over the map includes 747 companies (900+ total unique + broader key Ecosystem players) that have seen $22 bn+ USD in funding raised from 2010–2020 — over $18 bn invested alone since 2017!
📣 Want to stay up-to-date with all the headlines, investments, in-depth research, and latest landscapes on the Blockchain, DApps, DeFi, and FinTech industries? Subscribe and follow me on Twitter for weekly updates and more!
Author’s note, this article was originally published on Medium.