NFT News by Thebittimes.Com

Blockchains are decentralized, transparent, and increase the capacity of a whole network, while giving users full control of their data. Blockchain use cases have expanded far beyond cryptocurrency in the past years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics, and financial services.  The hype has many reasons behind it. Blockchains are decentralized, transparent, and increase the capacity of a whole network, opening a window for solutions that require significant computational power. More importantly, it gives users the capacity to control their assets, including their data, without relying on third parties. As blockchain evolves, companies across the world are working to find the best ways to implement the technology on a range of applications. Cointelegraph reached out to projects that are disrupting industries and bringing blockchain closer to people's daily lives to get some further insights. Healthcare on the...

Just a day back, it was announced that Ripple has started testing Ethereum smart contract compatibility with its XRP Ledger [XRPL] sidechain. Notably, the Ethereum Virtual Machine sidechain is now live on the devnet. Notably, this is just the first step of a three-step process. The next phase will go live at the beginning of next year when the EVM sidechain becomes permissionless. The final phase is scheduled for Q2 2023 when Ripple will fully deploy the software. JUST IN: Ripple begins testing #Ethereum smart contract compatibility with its $XRP Ledger sidechain. — Watcher.Guru (@WatcherGuru) October 17, 2022 Has the community been reacting? The social metrics associated with XRP have not been portraying rising numbers. As depicted below, the number of social mentions and engagements has dropped of late. In fact, on the weekly, they were down by 29% and 8% respectively. Source: LunarCrush Over the past day, large participants have been, both, buying and sel...