Nanotechnology in Medical Devices Market 2021-2026 Size and Share, Recent Enhancements and Regional Analysis | Key Companies: 3M, Dentsply…

The latest research report on the Global Nanotechnology in Medical Devices Market provides the cumulative study on the COVID-19 outbreak to provide the latest information on the key features of the Nanotechnology in Medical Devices market. This intelligence report contains investigations based on current scenarios, historical records and future forecasts. The report contains various market forecasts related to market size, revenue, production, CAGR, consumption, gross margin in the form of charts, graphs, pie charts, tables and more. While emphasizing the main driving and restraining forces in this market, the report also offers a comprehensive study of future trends and developments in the market. It also examines the role of the major market players involved in the industry, including their business overview, financial summary and SWOT analysis. It provides a 360-degree overview of the industries competitive landscape. Nanotechnology in Medical Devices Market shows steady growth and CAGR is expected to improve during the forecast period.

The Global Nanotechnology in Medical Devices Market Report gives you in-depth information, industry knowledge, market forecast and analysis. The global Nanotechnology in Medical Devices industry report also clarifies financial risks and environmental compliance. The Global Nanotechnology in Medical Devices Market Report helps industry enthusiasts including investors and decision makers to make reliable capital investments, develop strategies, optimize their business portfolio, succeed in innovation and work safely and sustainably.

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The segmentation chapters enable readers to understand aspects of the market such as its products, available technology and applications. These chapters are written to describe their development over the years and the course they are likely to take in the coming years. The research report also provides detailed information on new trends that may define the development of these segments in the coming years.

Nanotechnology in Medical Devices Market Segmentation:

Nanotechnology in Medical Devices Market, By Application (2016-2027)

Nanotechnology in Medical Devices Market, By Product (2016-2027)

Major Players Operating in the Nanotechnology in Medical Devices Market:

Company Profiles This is a very important section of the report that contains accurate and detailed profiles for the major players in the global Nanotechnology in Medical Devices market. It provides information on the main business, markets, gross margin, revenue, price, production and other factors that define the market development of the players studied in the Nanotechnology in Medical Devices market report.

Global Nanotechnology in Medical Devices Market: Regional Segments

The different section on regional segmentation gives the regional aspects of the worldwide Nanotechnology in Medical Devices market. This chapter describes the regulatory structure that is likely to impact the complete market. It highlights the political landscape in the market and predicts its influence on the Nanotechnology in Medical Devices market globally.

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The Study Objectives are:

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Nanotechnology in Medical Devices market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

Some Major Points from Table of Contents:

Chapter 1. Research Methodology & Data Sources

Chapter 2. Executive Summary

Chapter 3. Nanotechnology in Medical Devices Market: Industry Analysis

Chapter 4. Nanotechnology in Medical Devices Market: Product Insights

Chapter 5. Nanotechnology in Medical Devices Market: Application Insights

Chapter 6. Nanotechnology in Medical Devices Market: Regional Insights

Chapter 7. Nanotechnology in Medical Devices Market: Competitive Landscape

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Nanotechnology in Medical Devices Market 2021-2026 Size and Share, Recent Enhancements and Regional Analysis | Key Companies: 3M, Dentsply...

Green Synthesis of Silver Nanoparticles Using Beetroot Extract – AZoM

The latest research published in the journal Science Advances revealed that the microbes present in various hospitals and textile products are a major cause of death.

The research by Mr. Otvio Augusto and his team has shown that manufacturing antimicrobial textiles for hospitals would be advantageous for the termination of such bacteria and fungi.

The green process of synthesis of silver nanoparticles (AgNPs) is highly beneficial for hospital cotton fabrics.

Beta vulgaris extract was efficiently used for manufacturing such green germ-killing smart textiles which could be used in hospitals for sheets and pillows to prevent the spread of dangerous diseases by contact.

Scheme of nanoparticle biosynthesis using plant extracts. Image Credit:dos Santos, O. L. Science Advances

The Silver Nanoparticles utilized for this study were on the scale of 1 to 100 nm. They are synthesized in a reaction medium which is useful for the generation of a stable nucleus.

The step called growing forms larger particles, and the thorough modification of stabilizing components is responsible for particles of various sizes and shapes. Since the chemical as well as physical processes are costly and utilize toxic compounds, the synthesis and utilization of nanoparticles become a great difficulty. Hence, green synthesis is the only viable option.

The green nanotechnology synthesis utilized in this study is mediated by plant extracts, cell extracts, algae, and other biomolecules. The plant extracts are highly appreciated for their cheap and efficient processes. Ionic breakdown in the liquid systemof a metallic substrate is the process for sustainable nanoparticle developmentof AgNPs. Silver ions are reduced to silver and a nucleation process is initiated. This is essential for the stabilization of nanoparticles.

Beta vulgaris beetroot was efficiently utilized. It was cut into 2-3cm long pieces and heated to boiling point. Solution extracts were filtered and stored at a low temperature around 4 C. The Ag nanoparticle synthesis was carried out in the exact proportions of 1:50, 1:25, 1:10, 1:5, and 1:2.

Essential stability analysis was performed in the latest research by using a UV-Vis Spectrophotometer followed by the X-ray spectroscopic analysis by dispersive energy process. Characterization is the next essential step defined in the study, and the TESCAN VEGA3 electron microscope was operated at 200kV for efficient completion of this process. This was followed by the Zeta potential analysis using a stable aqueous dispersion of silver nanoparticles.

The final step involves the validation of antimicrobial properties by using antimicrobial assay, Disk diffusion, Liquid growth inhibition, and MTT assay. All the processes and related steps have been mentioned in the research, providing an insight regarding the advantages and disadvantages of the novel concept.

SEM observation of AgNPs in sample (A) 1:2, (B) 1:5, (C) 1:10, (D) 1:25 and (E) 1:50 dispersed in the gauze fibers.Image Credit:dos Santos, O. L. Science Advances

The latest study showed that the nano extracts had a color change from red-violet to a reddish-brown and grayish-brown color. US-Siv spectrophotometry confirmed the formation of silver nanoparticles.

Samples 1: 2, 1: 5, 1:10, 1:25, and 1:50 showed typical spectra of AgNPs with the maximum obtained at 442 nm, 429 nm, 439 nm, 449 nm, and 431 nm, respectively. This is proof of stabilized silver nanoparticle synthesis with sizes varying from 35 to 80 nm.

The dispersion in hospital and medical-related textiles was observed via the process of scanning electron microscopy. Sedimentation of these particles over the surface of textile components was observed. This process was also implemented for hospital gauze fibers. Two-layered fibers were observed and images were taken for thorough analysis.

This revealed that 1:5 and 1:10 particles had a greater number of nanoparticles in their respective sample. The lesser particles in 1:25 and 1:50 samples were responsible for their decreased reactivity. Transmission Electron microscopy was a crucial step to identify the spherical shape of particles with a size less than 100 nm.

This study tested hospital textiles impregnated with AgNPs against different microorganisms. The 1:2, 1:5, 1:10 samples were effective against all microbes while 1:25 and 1:50 were deemed ineffective. The results also validated the inferior susceptibility of Gram-negative bacteria as compared to gram-positive bacteria. Hence, it is verified that silver nanoparticles affect various cellular chemical processes and are successful against resilient microbes.

TEM of AgNPs in samples (A) 1:2, (B) 1:5, (C) 1:10, (D) 1:25 and (E) 1:50.Image Credit:dos Santos, O. L. Science Advances

The silver nanoparticle incorporation for green synthesis has been proven beneficial and effective, leading to rapid implementation of this technology in various healthcare hospitals and essentially all sectors where clean and germfree components especially textile are a necessity.

However, a few limitations have also been noted, like the complexity of plant extracts and their reduction as well as the variation of components. This study is focused on a single beetroot extract; results would be different from other extracts. However, the efficacy of the process cannot be negated due to these few factors.

In short, this novel technique in Science Advances has truly revolutionized medical care textile usage, and the implementation of nanoparticles has been proven beneficial not only for microbial termination but also for the green-sustainable environment-friendly synthesis process.

dos Santos, O. L., Araujo, I. d., Silva, F. d., Sales, M. N., Christoffolet, M. A., & Backx, B. P. (2021). Surface Modification of Textiles by Green Nanotechnology against Pathogenic Microorganisms. Science Advances, 21. https://www.sciencedirect.com/science/article/pii/S2666086521001533

Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.

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Green Synthesis of Silver Nanoparticles Using Beetroot Extract - AZoM

Global Healthcare Nanotechnology Market 2021 Revenue, Share, Driving Innovations, Future Growth and Growth Forecast To 2027 Chip Design Magazine -…

Global Healthcare Nanotechnology Market research prepared by MarketsandResearch.biz is the most expert and reliable source of knowledge and trust, containing Market Size, Trends, SWOT, PEST, Porters Analysis, Forecasts, 2021-2027. It provides a comprehensive examination of the different factors, obstacles, limits, development, and opportunities that will aid stakeholders in creating business plans based on customer trends in the Healthcare Nanotechnology industry. The research demonstrates the critical areas market condition and projected complexities with an organized presentation of product categories and key manufacturers.

The paper explains the dynamics of the parent industry based on industry-wide research. The study employs a multidisciplinary approach to highlight the Healthcare Nanotechnology markets potential paths and untapped opportunities. Our experts examined the competitive environment in-depth and predicted the strategy framework used by market players.

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The overview includes data and figures on market dynamics. It also discusses the global Healthcare Nanotechnology market in terms of volume and size. The study is only provided to provide a methodical examination of the markets complex and vast facts. Furthermore, the growth and restraint segment illuminated the markets potential opportunities and challenges.

The report also includes the segment namely:

The information also includes the element namely:

The Healthcare Nanotechnology markets top players are:

The study looks at the industrys most important geographical locations, such as:

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Global Healthcare Nanotechnology Market 2021 Revenue, Share, Driving Innovations, Future Growth and Growth Forecast To 2027 Chip Design Magazine -...

Seven spooky things that people say are in the COVID-19 vaccines but definitely arent – Austin American-Statesman

Samantha Putterman| PolitiFact.com

Just in time for Halloween, claims about whats lurking in the COVID-19 vaccines are getting wilder and spookier.

Theres the "transhumanism nanotechnology" ingredient that will apparently turn all of us into copies of the Terminator. Theres also "graphene oxide," a material that some claimed will straight up kill you. Why didnt Michael Myers think of that?

Rest assured, weve fact-checked this, and its all fake gore.

Heres a look at seven scary things that are not in the vaccines and, as a treat, a list of the rather helpful things that are.

Aluminum. They use it in pickup trucks, food containers and antiperspirants. But in the COVID-19 vaccines?No.

The U.S. Centers for Disease Control and Prevention reports that small amounts of aluminum specifically aluminum salts have been used in vaccines since the 1930s as an adjuvant, which helps elicit a stronger immune response from the body.

But none of the three COVID-19 vaccines currently being used in the U.S. Pfizer, Moderna and Johnson & Johnson, all of which have publicly accessible ingredient lists contain any aluminum.

As for other vaccines,research has showntheir levels of aluminum are so low that they can't easily be absorbed by the body, let alone the brain. There has been no evidence of the aluminum in vaccines causing illness or developmental disorders.

While your cell phone can help Big Brother, or your mother, locate you via 5G networks,the vaccines cannot.

Yet some social media users likened the bubbles of fat in the vaccine to the sort of tracking microchips implanted under a pets skin. Thats a lot of creepy nonsense.

There is no evidence that the COVID-19 vaccines contain technology similar to pet microchips. The lipid nanoparticles used in some of the vaccines are called "nanoparticles" because they are very, very small. They have nothing to do with 5G networks or tracking technology.

This baseless conspiracy theory says that the shots include a technology that changes "what it is to be human."The vaccines dont contain any such thing.

"None of the vaccines contain nanotechnology of any sort, let alone 'transhumanism nanotechnology, which isnt even a thing," Mark Lynas, a visiting fellow at the Alliance for Science and Cornell University, told PolitiFact.

"Nano," as we said earlier, is a term widely used to describe things that are very tiny, and scientists use the prefix more specifically to refer to things on the scale of individual atoms.

A chilling, grainy black-and-white image being shared on social media has been described as a "Trypanosoma Parasite" purportedly observed in Pfizers COVID-19 vaccine. Several variants of the parasite, internet users claimed, are lethal and are one of many causes of acquired immune deficiency syndrome or AIDS.

This is erroneous, on all counts.

Dr. Bobbi Pritt, the director of clinical parasitology at the Mayo Clinic, told us the blurry image likely represents an out-of-focus non-cellular component of the vaccine and doesnt show a Trypanosoma cruzi or any other parasite.

As for the claim that this particular parasite causes AIDS, thats also wrong, she said.

"The only thing that causes AIDS is an infection with the human immunodeficiency virus," she said, "and this cannot be acquired through the Pfizer vaccine."

A popular video claimed that the Pfizer vaccine contains "particles that could germinate and cause illness" and that vitamin supplements could stop this from happening. You can bet someone is selling those supplements online.

Theres no truth to this one either. The ingredients for Pfizer vaccines are chemical components not living organisms.

"Contamination with spores or other microbial material can theoretically happen during production of any biologic, including vaccines," said Volker Mai, associate professor in the epidemiology department at the University of Florida. "However, quality control is extensive and monitoring occurs continuously. Thus, it is highly unlikely that any contaminated batch would make it into the market."

A vaccine turning you into the Marvel villain Magneto? That sounds terrifying (unless thats what you wanted.) But dont worry, the COVID-19 vaccineswont make you more attractive to magnets.

Social media users have shared videos that appear to show magnets sticking to peoples arms where they say they were injected, and claimed this as proof the shots have microchips in them.

But medical experts called the claim utter nonsense.

Al Edwards, an associate professor in biomedical technology at the University of Reading in England,told Newsweekthat because vaccines ingredients are some of the same things that are in the human body, "there is simply no way that injecting a tiny fragment of this material" could make it respond to a magnet. "Most food is made of similar molecules, and eating food doesnt make people magnetic," he said.

A similar claim cites a video showing what looks like small balls connecting and growing on their own. The disturbing clip was described as the COVID-19 vaccines reaction once it hits the bloodstream.

Thats wrong.The video was actually from a 2015 science experiment by the Stanford Complexity Group, an initiative to bringcomplexity scienceto a wider audience, that shows self-organizing wires, which is still weird.

One more time for the people in the back: None of the COVID-19 vaccines contain microchips or metals.

An incendiary video that speaks of murder claims that Pfizers COVID-19 vaccine is dangerously packed with something called graphene oxide.

A Pfizer spokesperson told PolitiFact that while graphene oxide a material made by the oxidation of graphite is used in some vaccines, it is not used at Pfizer andis not in its COVID-19 vaccine.None of the listed ingredients is another name for graphene oxide, and the material doesnt appear in ingredient lists for the Moderna and Johnson & Johnson vaccines.

The real ingredients are much less likely to keep you up at night.

All three manufacturers of the approved vaccines in the U.S.,Pfizer,ModernaandJohnson & Johnson, have shared their ingredients.

For Moderna and Pfizer, the active ingredient is messenger RNA, which carries genetic information about the coronavirus to the body's cells to help them recognize and produce antibodies against it. Theres no evidence that mRNA is dangerous, and scientists say the material is broken down by the body within days.

Pfizers inactive ingredients include lipids, salts, sugar and saline solution.

The lipids encase the mRNA, the salts help keep the pH, or acidity, of the vaccine close to that of a persons body; and the sugar safeguards the lipids when theyre frozen and stops them from sticking together,according to MITs Technology Review, which spoke with experts to help decode the contents.

Before injection, the vaccine is mixed with the saline solution, just as many intravenously delivered medicines are, the report said.

Modernas ingredient list is very similar, and includes the lipids, salts and sugar, with a slight difference, including the solution for the injection, that may explain the different storage needs for each.

The Johnson & Johnson vaccine uses a disabled adenovirus, rather than mRNA, to deliver instructions to produce the coronavirus spike proteins and activate the immune system. The other ingredients are alcohol, citric acid, salts and sugars.

Afull list of ingredientsfor all the vaccines is available on the CDC website.

PolitiFact,The COVID-19 vaccines do not contain aluminum, March, 22, 2021

PolitiFact,No, COVID-19 vaccines do not contain nanoparticles that will allow you to be tracked via 5G networks, March 12, 2021

PolitiFact,Transhumanism nanotechnology COVID-19 vaccine conspiracy theory is Pants on Fire, Oct. 21, 2021

PolitiFact,No, this isnt a picture of a parasite in the Pfizer COVID-19 vaccine, Oct. 13, 2021

PolitiFact,No living organisms in the Pfizer vaccine, Oct. 15, 2021

PolitiFact,No, this isnt a video of a COVID-19 vaccine, Oct. 21, 2021

PolitiFact,No evidence of graphene oxide thats toxic in Pfizer COVID-19 vaccine, July 8, 2021

PolitiFact,No, these magnet videos dont prove the COVID-19 vaccines contain microchips, May 17, 2021

U.S. Food & Drug Administration,VACCINE INFORMATION FACT SHEET FOR PFIZER-BIONTECH COVID-19 VACCINE, Updated Oct. 20, 2021

U.S. Food & Drug Administration,FACT SHEET FOR MODERNA COVID-19 VACCINE, Updated Oct. 20, 2021

U.S. Food & Drug Administration,FACT SHEET FOR THE JANSSEN COVID-19 VACCINE, Oct. 20, 2021

MIT Technology Review,What are the ingredients of Pfizers covid-19 vaccine?, Dec. 9, 2020

U.S. Centers for Disease Control and Prevention,Appendix C: Ingredients included in COVID-19 vaccines, Updated Oct. 27, 2021

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Seven spooky things that people say are in the COVID-19 vaccines but definitely arent - Austin American-Statesman

Food Nanotechnology Sales Market 2021 Detailed Analysis of top Ventures with Regional Outlook | Key Companies: Aquanova, Blue California, Frutarom…

The industry research report Global Food Nanotechnology Sales Market 2021 consists of an in-depth analysis of the global industry that aims to offer a comprehensive study of market insights associated with the most important components of the market. The report provides an overview of these markets on various fronts, such as market size, market share, market penetration of products and services, downstream areas in the market, large suppliers operating in the territory, analysis prices, etc. This can help readers of the global business industry to better understand the large regional and national markets for Food Nanotechnology Sales. The reports contain an overview and review of the leading companies operating in the industry that are considered to be revenue-driving for the market.

The market report on Food Nanotechnology Sales concludes by sharing the reports important results with readers. Here, based on a study of historical data, which examines the scenarios currently seen in different markets, including regional and national, and the trends recorded, provides a forecast for the market. This includes segment forecast, regional market forecast, market size forecast, consumption forecast.

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Top Key Players Profiled in this report are:

The report is an assortment of direct information, subjective and quantitative assessment by industry specialists, contributions from industry examiners and Food Nanotechnology Sales industry members over the worth chain. The report offers a top to bottom investigation of parent market patterns, macroeconomic measures, and control components. Besides, the report likewise overviews the subjective effect of unmistakable market factors on Food Nanotechnology Sales market sections and geologies.

Food Nanotechnology Sales Market Segmentation:

Based on Type

Based on Application

Global Food Nanotechnology Sales Market: Regional Segments

The different section on regional segmentation gives the regional aspects of the worldwide Food Nanotechnology Sales market. This chapter describes the regulatory structure that is likely to impact the complete market. It highlights the political landscape in the market and predicts its influence on the Food Nanotechnology Sales market globally.

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The Study Objectives are:

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Food Nanotechnology Sales market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

Some Major Points from Table of Contents:

Chapter 1. Research Methodology & Data Sources

Chapter 2. Executive Summary

Chapter 3. Food Nanotechnology Sales Market: Industry Analysis

Chapter 4. Food Nanotechnology Sales Market: Product Insights

Chapter 5. Food Nanotechnology Sales Market: Application Insights

Chapter 6. Food Nanotechnology Sales Market: Regional Insights

Chapter 7. Food Nanotechnology Sales Market: Competitive Landscape

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Food Nanotechnology Sales Market 2021 Detailed Analysis of top Ventures with Regional Outlook | Key Companies: Aquanova, Blue California, Frutarom...

Growth Prospects of Copper Carbonate Market: Business Outlook 2021-2026 by Eastmen Chemicals, Jost Chemical Co., William Blythe, Pan-Continental…

The report provides an in-depth analysis of the Global Market of Copper Carbonate. It presents the latest data of the market value, consumption, domestic production, exports and imports, and price dynamics. The Copper Carbonate market report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading players like Eastmen Chemicals, Jost Chemical Co., William Blythe, Pan-Continental Chemical, Suzhou Canfuo Nanotechnology,, etc. are also included.

Data Coverage in Copper Carbonate Market Report are:

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The Key Players Covered in Copper Carbonate Market Study are:

Segmentation Analysis:

Copper Carbonate market is split by Type and by Application. For the period 2016-2026, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market Segmentation by Type:

Market Segmentation by Applications:

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The report offers valuable insight into the Copper Carbonate market progress and approaches related to the Copper Carbonate market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.

The Copper Carbonate market report gives CAGR value, Industry Chains, Upstream, Geography, End-user, Application, Competitor analysis, SWOT Analysis, Sales, Revenue, Price, Gross Margin, Market Share, Import-Export, Trends, and Forecast. The report also gives insight into the entry and exit barriers of the industry.

Global Copper Carbonate Market Report Scope:

The report offers a complete company profiling of leading players competing in the global Copper Carbonate market with a high focus on the share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and several other factors. It also throws light on the vendor landscape to help players become aware of future competitive changes in the global Copper Carbonate market.

Target Audience of the Global Copper Carbonate Market in Market Study:

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Major Points from Table of Contents

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Growth Prospects of Copper Carbonate Market: Business Outlook 2021-2026 by Eastmen Chemicals, Jost Chemical Co., William Blythe, Pan-Continental...

POC Diagnostics Market Size [2021-2028] | is Projected to Reach USD 36.21 Billion by 2028 – Yahoo Finance

Key Players Covered in the POC Diagnostics Market Research Report Are F. Hoffmann-La Roche Ltd (Basel, Switzerland), Thermo Fisher Scientific Inc. (Massachusetts, U.S.), Abbott Laboratories (Illinois, U.S), Quest Diagnostics Incorporated (New Jersey, United States), BD (Franklin Lakes, U.S), bioMrieux SA (Marcy l'Etoile, France), Cardinal Health, Inc. (Ohio, U.S), Mesa Biotech (California, U.S), Cepheid (California, U.S), Trinity Biotech (Bray, Ireland), Quidel Corporation (San Diego, U.S.), Bio-Rad Laboratories Inc. (California, U.S) and other key market players

Pune, India, Oct. 26, 2021 (GLOBE NEWSWIRE) -- The global POC Diagnostics Market size is projected to reach USD 36.21 billion by 2028, exhibiting a CAGR of -1.9% during the forecast period. The prevalence of several chronic disorders and the incorporation of nanotechnology in diagnostic kits are likely to fuel market growth. Fortune Business Insights provides this information in its report titled "POC Diagnostics Market, 2021-2028."

Point of care diagnostics are medical tools that are used to cure disorders within patients and ensure a quick recovery. The rising cases of chronic disorders among the population are likely to fuel diagnostic tools' adoption. As per the information provided by the World Health Organization (WHO) nearly all people globally were affected by tuberculosis in 2019. WHO also reported a fatality of nearly 1.4 million people during 2019. Further, the incorporation of nanotechnology is expected to boost POC diagnostics quality and improve sales. Nanotechnology boosts effectiveness and speeds up the recovery process, which, in turn, may increase the product's adoption from medical professionals and hospitals. These factors may boost the market progress during the upcoming years.

Industry Development

August 2021: Mylab Discovery Solutions and Hemex Health engaged in a partnership with each other for the development of advanced diagnostic tools for testing chronic diseases and COVID-19.

Story continues

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Developed Patient Based Treatment and Launch of Advanced Diagnostic Solutions to Foster Growth

The rapid incline in chronic disorders is likely to fuel demand for point of care (POC) diagnostics tools. As per the Centers for Disease Control and Prevention (CDC)'s information nearly 115,045 syphilis cases were reported in 2018. Heavy investments in the development of medical and healthcare technology are likely to fuel the product's adoption.

Manufacturers focus on the development of patient-based treatment procedures to improve the effectiveness of diagnostic procedures. For example, Abbott launched its Afinion HbA1c Dx assay in June 2019 and is the first of its kind POC diagnostics test that is approved by the U.S. Food and Drug Administration (U.S. FDA) for diabetes diagnostics. In addition, the launch of advanced POC diagnostic solutions is likely to attract significant demand. These factors are likely to fuel POC Diagnostics Market growth.

Robust Demand for Diagnostic Tools from Healthcare Sector to Boost Market Progress

This market is likely to grow positively during the COVID-19 pandemic because of the rising demand for effective medical diagnostic tools from the healthcare sector. Increasing COVID-19 cases and the emergence of several organ failures is likely to fuel the product's demand. Increasing investments in healthcare tools' development are likely to fuel diagnostics tools' adoption.

Manufacturers focus on incorporating stringent sanitization methods and automated production techniques to avoid virus spread. Further, the adoption of reduced capacities and part-time shifts may enable manufacturers to control virus spread and recover losses. These factors are likely to fuel the market growth during the pandemic.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

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Report Scope & Segmentation

Report Coverage

Details

Forecast Period

2021 to 2028

Forecast Period 2021 to 2028 CAGR

-1.9%

2028 Value Projection

USD 36.21 Billion

Base Year

2020

Market Size in 2020

USD 41.49 Billion

Historical Data for

2017 to 2019

No. of Pages

116

Segments covered

Product, End-Users and Geography

Growth Drivers

Demand for POC Kits in Disease Management of COVID-19 Infection to Expand Business Prospects

Integration of Nanotechnology in Rapid Diagnostics to Drive Market Growth

Growing Prevalence of Chronic and Infectious Disease to Fuel Demand for Rapid Diagnosis

Highlights of the Report

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Adoption of Advanced Medical Diagnostic Solutions is Likely to Foster Market Growth in North America

North America is projected to dominate the POC Diagnostics Market share because of the rising demand for advanced medical diagnostic solutions. The market in North America stood at 14.09 billion in 2020 and is projected to grow rapidly during the upcoming years. Increasing investments in the healthcare sector are likely to boost POC diagnostics demand. In addition, strategic collaborations between major players are likely to fuel industry progress.

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Major Players Announce Innovative Products to Expand Market Reach

The prominent companies operating in the market announce innovative products to satisfy consumer demand and expand their market reach considerably. For example, Cepheid declared that it is developing Xpert Xpress, SARS-CoV-2/Flu/RSV four-in-one test for the detection of RSV, Flu B, Flu A, and SARS-CoV-2 using a single patient's sample. This development may enable the company to develop solutions that attract consumer demand and help them to expand their market reach. Further, investments in research and development may enable companies to improve their solutions and utilize nanotechnology, artificial intelligence, and machine learning technologies to improve their product's effectiveness. This strategy may enable them to improve their brand image drastically.

List of Key Players Profiled in the POC Diagnostics Market Report

F. Hoffmann-La Roche Ltd (Basel, Switzerland)

Thermo Fisher Scientific Inc. (Massachusetts, U.S.)

Abbott Laboratories (Illinois, U.S.)

Quest Diagnostics Incorporated (New Jersey, U.S.)

BD (Franklin Lakes, U.S.)

bioMrieux SA (Marcy l'Etoile, France)

Cardinal Health, Inc. (Ohio, U.S.)

Mesa Biotech (California, U.S.)

Cepheid (California, U.S.)

Trinity Biotech (Bray, Ireland)

Quidel Corporation (San Diego, U.S.)

Bio-Rad Laboratories Inc. (California, U.S.)

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Detailed Table of Content:

Introduction

Executive Summary

Market Dynamics

Market Drivers

Market Restraints

Market Opportunities

Key Insights

Prevalence of Key Disease Indications For Key Country/Region

Technological Advancements in the Point-of-care (POC) Diagnostics

New Product Launch

Overview of Regulatory Scenario

Key Industry Developments - Mergers, Acquisitions, and Partnerships

Overview of COVID-19 Impact on POC Diagnostics Market

Major Factors Driving the Impact of COVID-19

Reimbursement Changes in Response to COVID-19 Impact

Opportunities Offered by the Impact of COVID-19

Global POC Diagnostics Market Analysis, Insights and Forecast, 2017-2028

Key Findings / Summary

Market Analysis, Insights and Forecast By Product

Market Analysis, Insights and Forecast By End User

Market Analysis, Insights and Forecast By Geography

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

North America POC Diagnostics Market Analysis, Insights and Forecast, 2017-2028

Key Findings / Summary

Market Analysis, Insights and Forecast By Product

Market Analysis, Insights and Forecast By End User

Market Analysis, Insights and Forecast By Country

Europe POC Diagnostics Market Analysis, Insights and Forecast, 2017-2028

Key Findings / Summary

Market Analysis, Insights and Forecast By Product

Market Analysis, Insights and Forecast By End User

Market Analysis, Insights and Forecast By Country/Sub-region

TOC Continued!!

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Fortune Business Insights delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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POC Diagnostics Market Size [2021-2028] | is Projected to Reach USD 36.21 Billion by 2028 - Yahoo Finance

Nanosensor & Digital Twin Tech Come Together At COP26 To Help Deliver A Circular Economy As Part Of The Race To Zero – Scoop.co.nz

Tuesday, 2 November 2021, 6:59 amPress Release: World Digital Foundation

Deploying billions of highly accurate and securenanosensors interconnected to a global Digital Twin networkcan enable real-time monitorisation of emissions withinurban and agricultural environments.

Nanosensors andDigital Twins are forecast to be pivotal to discussionsbetween international nations and bodies at COP26 inGlasgow, the UK, from October 31st until November 12th andpredicted to have a significant impact on the future ofcarbon tracking.

This technology collaboration willenable global organisations to reward organisations andpeople globally for tracking and managing emissions toreverse Climate Change while holding to account countriesand industries that don't.

Sensors can be positionedin every urban and rural space, including major rainforestsand polluting cities, allowing global carbon emissiontracking with unprecedented real-timeaccuracy.

Digital Twin technology will calculate thecarbon emission data gathered by nanosensors, providing aglobally sharable, highly accurate representation of howcountries, companies, households, and individuals manageemissions in a way that supports the creation of a circulareconomy - a key sustainability strategy for the world aswell as industry leaders to fight climate change.

Thisparticular model for a circular economy is still evolving interms of data and metrics, but indicators suggest thisapproach and enabling technologies such as Nanotechnology,and Digital Twins are vital to holding people to accountwhile rewarding industry, governments, and the public fortheir work in driving down carbon emissions tonet-zero.

Former Brazilian ambassador and diplomat anda Harvard scholar, Arnildo Schildt, has been developing aproject based on this new model and will be presenting thisat the COP26 summit in Glasgow, UK (October 31st to November12th) an event being billed as a catalyst for action andtech adoption in the Climate Change battle.

Thisproject will use nanosensors to track deforestation andpollution to help accurately manage carbon credits andoffsets, enabling the reduction of emissions and highlyaccurate tracking of data on deforestation.

Schildtsaid: "We have been working tirelessly now for two yearsdeveloping a model with governments, the UN, internationalbanks, academics and industry partners as well as investorsto harness the power of Digital Twin and nanosensortechnology to solve two massive challenges for ourenvironment simultaneously.

"We have a delegationgoing to COP26 and will follow this with other partnershipmeetings in the UK, Canada and the US straight after theGlasgow event to make this a reality."

Schildt'sinitiative in vital rural areas mirrors the urban andagricultural work conducted by US-based Cityzenith, whichuses Digital Twin technology to decarbonise the builtenvironment, tracking, managing, and reducing emissions inbuildings across metropolitan areas and major internationalcities as well as linking this to carbon rewards, credits,and other global incentive programs forsustainability.

Cityzenith was referenced by anindependent global research group report from ABI researchon the 28th of October, naming the company one of three,including The Ellen MacArthur Foundation and Vodafone, thatcan deliver the infrastructure required for a functionalcircular economy.

Currently, cities generate 70% ofworld emissions. Cityzeniths international CleanCities Clean Future initiative has major worldcities joining the program, using its Digital Twin platformSmartWorldOS to reduce carbon emissions in buildings by50-100%, operating costs by 35% and increase productivity by20%, another independent report by Ernstand Young report on Digital Twins aligns withthis.

Las Vegas and New York were the first two citiesto sign up, with projects in Phoenix and others expected tofollow over the next few months.

Cityzenith CEOMichael Jansen said: "We are confident that the Clean Cities Clean Future initiative will demonstrate the combinedpower of Digital Twin and IoT technology to transformmobility, walkability, and emissions/air pollution, whilelinking all of this to carbon rewards and other carbonrelated incentives via one interconnected Digital Twinplatform.

"And COP26 can play a huge role in bringingthe climate crisis into the public spotlight, byacknowledging and backing technologies such as Digital Twinsand nanotechnology to make a difference in the fight toprotect the planet."

The UK will also bring a nationalDigital Twin program to the summit through Anglian Water,BT, and UK Power Networks, which have partnered to fosterbetter outcomes for the built environment.

The projectaims to deliver an Information Management Framework whichcan ensure secure, resilient data sharing and effectiveinformation management. At the same time, the programidentifies a range of benefits to society, business, theenvironment, and the broader economy.

Co-Founder ofthe World Nano Foundation, Paul Sheedy,said:

"Nanotechnologies such as nanosensors andquantum dots can track and monitor anything, holding andtransmitting infinite amounts of secure data around theworld.

"Combining nanotechnology with advanced DigitalTwin platforms is game-changing for the UNs SustainableDevelopment Goals and ESG investors that support such impactinvesting."

Nanotechnology and Digital Twins were bothnamed in 2021 as the top5 tech growth sectors forecast to quadruple over thenext five years; each sector is predicted to enjoy acombined growth of more than 400% in thattime.

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Nanosensor & Digital Twin Tech Come Together At COP26 To Help Deliver A Circular Economy As Part Of The Race To Zero - Scoop.co.nz

Global Nanotechnology in Medical Market To Witness Promising Growth Opportunities and Competitive Analysis IMIESA – IMIESA

Market Research Store has published a report on the global Nanotechnology in Medical market. The report includes detailed information about the Nanotechnology in Medical market. This study will help the clients to understand the Nanotechnology in Medical market on global as well as a regional platforms. The study includes all the information regarding the Nanotechnology in Medical market including from the years 2016 to 2026. The historical data includes from 2016 to 2019 and from 2020 to 2026 the data is forecasted.

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Profile of some of the major market players included in this report:

Merck, Pfizer, Celgene, Roche, Camurus, Access, Smith and Nephew, Cytimmune, 3M, Mitsui Chemicals, Dentsply International, Novartis, Amgen

The report showcases the Nanotechnology in Medical Market size both in terms of value and volume. It includes the market position and the market statistics. All the relative information about the Nanotechnology in Medical market is explained with the help of tables and figures. The extensive study about the market was done by our research analysts with the help of trusted research methodologies and market tools. Months of efforts and thorough primary and secondary research helped our research analysts to obtain reliable and accurate market statistics and information. The market experts opinions and recent market trends were carefully taken into consideration while concluding any of the market information.

Global Nanotechnology in Medical Market By Type:Nano Medicine, Nano Diagnosis, Other

Global Nanotechnology in Medical Market By Application:Hospitals, Clinics, Others

The Nanotechnology in Medical market was segmented intoand was studied in detail in order to understand the market in depth. Some of the major segments were also considered for further categorization. The data that have been collected for these segments are represented both in qualitative and quantitative form. The qualitative facts in the Nanotechnology in Medical report study are supported by the facts that were obtained through secondary research. The segmentation statistics are represented in graphical and tabular format for easy understanding. The geographical presence that has been considered for the Nanotechnology in Medical market includes five major regions, that is, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some of the major market players that are included in the Nanotechnology in Medical report . All the industry players are profiled in detail in the report. In the last, the market conclusion and the observations from the market experts and research analysts have been included.

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The additional geographical segments are also mentioned in the empirical report.

North America:U.S., Canada, Rest of North AmericaEurope:UK, Germany, France, Italy, Spain, Rest of EuropeAsia Pacific:China, Japan, India, Southeast Asia, North Korea, South Korea, Rest of Asia PacificLatin America:Brazil, Argentina, Rest of Latin AmericaMiddle East and Africa:GCC Countries, South Africa, Rest of Middle East & Africa

Chapter 1, Definition, Specifications and Classification of Nanotechnology in Medical, Applications of Nanotechnology in Medical, Market Segment by Regions;Chapter 2,Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;Chapter 3,Technical Data and Manufacturing Plants Analysis of Nanotechnology in Medical, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;Chapter 4,Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);Chapter 5 and 6, Regional Market Analysis that includes United States, China, Europe, Japan, Korea & Taiwan, Nanotechnology in Medical Segment Market Analysis (by Type);Chapter 7 and 8, The Nanotechnology in Medical Segment Market Analysis (by Application) Major Manufacturers Analysis of Nanotechnology in Medical ;Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Nano Medicine, Nano Diagnosis, Other, Market Trend by Application Hospitals, Clinics, Others;Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;Chapter 11, The Consumers Analysis of Global Nanotechnology in Medical ;Chapter 12, Nanotechnology in Medical Research Findings and Conclusion, Appendix, methodology and data source;Chapter 13, 14 and 15, Nanotechnology in Medical sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Global Nanotechnology in Medical Market To Witness Promising Growth Opportunities and Competitive Analysis IMIESA - IMIESA

On-water creation of conducting MOF nanosheets – Nanowerk

Oct 28, 2021(Nanowerk News) Oil and water do not mix, but what happens where oil and water meet? Or where air meets liquid? Unique reactions occur at these interfaces, which a team of researchers based in Japan used to develop the first successful construction of uniform, electrically conductive nanosheets needed for next-generation sensors and energy production technologies.The research collaboration from Osaka Prefecture University, the Japan Synchrotron Radiation Research Institute and the University of Tokyo published their approach in ACS Applied Materials & Interfaces ("Uniaxially Oriented Electrically Conductive Metal-organic Framework Nanosheets Assembled at Air/Liquid Interfaces").Simple spreading of droplets containing molecular components on the surface of water leads to spontaneous formation of nanostructures with very high electrical conduction. (Image: Rie Makiura, Osaka Prefecture University)"We have known for a long time that oil forms a large and uniform film on the surface of water understanding and using this familiar phenomenon could lead to energy-saving processes," said corresponding author Rie Makiura, Associate Professor in Department of Materials Science, Osaka Prefecture University. "By utilizing a combination of raw materials at a similar interface, we succeeded in creating functional materials with advanced three-dimensional nanostructures that conduct electricity."These materials are metal-organic frameworks, which are microporous and composed of metal ions and organic linkers that are highly organized. Called MOFs, they have myriad potential applications from nanotechnologies to life sciences, according to Makiura, but one unrealized property holds them back from realized use most fabricated MOFs do not conduct electricity well."In order to utilize the superior features of conductive MOFs in such applications as sensors and energy devices, the fabrication and integration of ultrathin films with defined pore size, well-controlled growth direction and film thickness are a necessity and have been actively sought," Makiura said.Most previous MOF thin-film development involves exfoliating layers from larger crystals and placing them on a substrate. According to Makiura, however, this process is complicated and often results in thick, non-uniform sheets that are not highly conductive. To develop ultrathin and uniform conductive nanosheets, she and her team decided to flip the approach.They started spreading a solution containing organic linkers on aqueous solution of metal ions. Once in contact, the substances begin assembling their components in a hexagonal arrangement. Over an hour, the arrangement continued as nanosheets form where the liquid and air meet. After completion of the nanosheet formation, the researchers used two barriers to compress the nanosheets into more dense and continuous state.It's a streamlined approach to produce incredibly thin nanosheets with highly organized crystalline structures, according to Makiura. The researchers confirmed the uniform structure via microscopic and x-ray crystallographic analysis. The visualized tightly ordered crystals also indicated the electrical properties of the material, since the crystals were uniformly in contact in each sheet, which also facilitated close contact between sheets. The researchers tested this by transferring nanosheets to a silicon substrate, adding gold electrodes and measuring the conductivity."Although it was not easy to evaluate the ultra-thin films, we were delighted when we were able to prove that it had a three-dimensional nanostructure and high electrical conductivity," said first author Takashi Ohata, a doctoral student supervised by Makiura.The researchers are now studying how various parameters affect the nanosheet morphology, with the goal of developing a controllable and tunable methodology to create high-quality nanosheets with targeted electronic properties."Our versatile and simple bottom-up assembly of suitable molecular building components at the air/liquid interface into an extended architecture realizes the creation of a perfectly oriented, electrically conductive crystalline nanosheet," Makiura said. "The new finding further enhances the potential of the air/liquid interfacial synthesis to create a wide variety of nanosheets for real use in many potential applications, including for energy creation devices and catalysts."

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On-water creation of conducting MOF nanosheets - Nanowerk

Jeff Vinik to receive Innovation Catalyst Award at Bitcoin and Blockchain Summit – St Pete Catalyst

Local innovation leader Jeff Vinik will be presented with the inaugural Innovation Catalyst Award at this weeks Bitcoin & Blockchain Summit at Tampas Amalie Arena.

On behalf of the Florida Bitcoin & Blockchain Summit and the Florida Blockchain Business Association (FBBA), St. Pete Catalyst publisher Joe Hamilton will present the metal award, which features Vinik on an artists rendering of the Metacity Fluent coin.

Additionally, Hamilton will give Vinik a thumb drive with the award loaded onto it as a non-fungible token (NFT).

Vinik will receive the award Friday (Nov. 5), following ARK Investments Cathie Woods keynote speech on the second day of the summit. Tampa Mayor Jane Castor and the St. Petersburg Mayor-elect are expected to attend the presentation.

Vinik also owns Amelia Arena, which is hosting the two-day event, and the Tampa Bay Lightning, current Stanley Cup champions.

Jeff Vinik is building the physical infrastructure that is allowing us to connect internally to build the virtual infrastructure of the future, said Chris Krimitsos, founder of the Florida Bitcoin & Blockchain Summit.

Vinik is widely known for investing in emerging technologies and innovative companies throughout Tampa Bay. Notably, he committed $10 million to establish Embarc Collective in March 2019.

Embarc Collective is an education nonprofit focused on technology, innovation and entrepreneurship. Now home to over 100 companies with a total of 234 team members, the collective is the fastest-growing startup hub in Florida. In just over 2.5 years, Embarc companies have raised over $107 million in venture capital.

In March, the Vinik Sports Group company launched Backing the Bay, a program that provides free, custom marketing services to locally-owned small businesses in the Tampa Bay area.

The reason why hes the Innovation Catalyst is because hes designed the physical infrastructure to allow the intentional collisions between people and ideas that spawn innovation

Part of that virtual infrastructure of the future are platforms such as the Metacity. Metacity is a virtual operating system for a physical city and will be debuting its latest innovations at the summit.

Hamilton, who is also Head of Network for Metacity and the St. Petersburg Community Leader for the FBBA, believes Viniks very presence in the community has inspired the entire Tampa Bay region to innovate.

Jeff has driven many specific initiatives to make our community better, but I believe his presence delivers the biggest impact, said Hamilton. That he chose to bring his level of vision and activation to us has elevated our entire region to not only believe but to expect that Tampa Bay is a top place in the world to call home.

For more information on the Florida Bitcoin and Blockchain Summit, visit its website here.

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Jeff Vinik to receive Innovation Catalyst Award at Bitcoin and Blockchain Summit - St Pete Catalyst

The United States will become the global crypto and blockchain leader – Cointelegraph

We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6,Gary Gensler, head of the U. S. Securities and Exchange Commission (SEC), confirmed during a House Committee on Financial Services hearing that the regulator will not ban cryptocurrency, potentially blazing the path for the worlds largest economy to become the global leader in the development of decentralized finance (DeFi) and blockchain technologies.

Gensler, who taught a class on cryptocurrency at MIT, also said that prohibiting cryptocurrency doesnt fall under the SECs mandate and the only way to legally ban digital assets would be through Congress. Its a matter of how we get this field within the investor consumer protection that we have and also working with bank regulators and others how do we ensure that the Treasury Department has it within Anti-Money Laundering, tax compliance, Gensler said. He also added:

The SECs announcement comes after U.S. Federal Reserve Chair Jerome Powell said on Sept. 30 that the regulator has no plans to ban Bitcoin (BTC) and other cryptocurrencies during testimony in Congress. When asked by Rep. Ted Budd, a longtime advocate for the cryptocurrency sector and a member of the Congressional Blockchain Caucus, whether he intended to ban or limit the use of cryptocurrencies, Powell responded with a resounding No. [I have] no intention to ban them.

Most of the media reports I have been reading are headlined with The U.S. will not ban cryptocurrencies. This is true, but this also means something much more significant: The U.S. will allow cryptocurrency to grow and will embrace the community to be involved in the process of discussing better ways for regulating the industry.

When the largest economy in the world announces that it will allow cryptocurrency to exist with its current financial industry of course, with proper regulation all other nations should take notice and begin considering opening their doors and regulating the industry in a fair way that spurs innovation and helps to create new jobs.

As we have been seeing, U.S. regulators are incorporating the cryptocurrency industry into its financial system allowing the traditional banking system to work alongside the new and fast-growing decentralized financial system. This could enable the U.S. to become a frontrunner in fintech development, blockchain technologies and even into more unconventional parts of decentralized finance such as insurance, trade finance and fundraising.

Related: Crypto in the crosshairs: US regulators eye the cryptocurrency sector

From a regulatory standpoint, there is plenty of work that still needs to be done by the cryptocurrency community and the U.S. government to pinpoint where their interest aligns and how they can work tougher, therefore making a smart decision together on how to regulate the industry, including the regulation of stable coins, decentralized exchanges, cryptocurrency derivatives and yield farming, just to name a few.

It is also very possible that the SEC could approve as many as four Bitcoin futures this fall, based on Bloomberg Intelligences count. On Oct. 3, the analyst put the chances the SEC would approve a Bitcoin exchange-traded fund (ETF) at 75%, with ProShares and Valkyrie already leading the race, getting their approvals coming on Oct. 19 and Oct. 22, respectively.

Related: Bitcoin futures ETFs: Good, but not quite there

It's also nice to note that even American lawmakers are buying Bitcoin. U.S. Senator Cynthia Lummisdisclosed that she scooped up the worlds largest cryptocurrency on Aug. 16, worth between $50,001 to $100,000.

Since the U.S. government wont ban cryptocurrencies and American politicians are investing in them, it would be a good idea for all of us to reevaluate our investment portfolios and take a long look at Bitcoin, Ether (ETH) and other new blockchain technologies.

The U.S. is clearly signaling that it will embrace and regulate Bitcoin, blockchain technology and other cryptocurrencies, which from a geopolitical perspective, couldnt have been more smart positioning itself to receive massive foreign investment and attract the best talent on the planet. I expect to see the U.S. become the leader in decentralized finance over the coming years as regulators continue to work with the cryptocurrency community to build a sustainable and secure industry.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Raymond Hsu is the co-founder and CEO at Cabital, a cryptocurrency wealth management platform. Prior to co-founding Cabital in 2020, Raymond worked for fintech and traditional banking institutions, including Citibank, Standard Chartered Bank, eBay and Airwallex.

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The United States will become the global crypto and blockchain leader - Cointelegraph

How to predict where blockchain regulation may be heading: an expert explains – World Economic Forum

Blockchain technologies offer great trust and transparency, without the need for a trusted third party. However, Blockchain's platform nature, how its pricing works, and its impact into supply chains pose considerable risks for anticompetitive behaviour by users, the blockchain itself, or directed towards it.

Both policymakers and the blockchain community now look towards competition policy and antitrust experts to find a middle ground, avoiding scenarios where those in control of the Blockchain partake in anticompetitive behaviour whether it be by controlling its price or reaching a collusive agreement to raise prices unfairly. This would diminish trust in blockchain technologies and set them up for failure.

We discussed this emerging issue with Dr. Thibault Schrepel, Associate Professor of Law at VU Amsterdam and Faculty Affiliate at Stanford Universitys CodeX Center, who has been focusing most of his research on blockchain antitrust. He states, Western legal systems have historically helped establish trust between parties and reduce transactional uncertainty by providing recourse to legal procedures. Nonetheless, establishing trust still imposes significant transactional costs and blockchain may reduce them to a smaller level. In the meantime, the very nature of the technology raises fundamental questions about antitrust law and how individuals conduct transactions.

Proactively engaging relevant blockchain community stakeholders at an early stage when the technology is still being developed, making them aware about the concerns of antitrust laws and how authorities deal with them could be a way forward.

I decided to focus on antitrust at the end of the very first hour of class back when I was a student (kudos to Prof. Mainguy). That was it for me. Later, I went to the United States to complete my studies and started a comparative Ph.D. discussing predatory innovation in digital markets. At that time, I had written a paragraph on blockchain, and ended up on an OECD panel to discuss the intersection between blockchain and antitrust.

From that moment on, I could never stop researching the interplay between the two, which I find fascinating because everything remains open. This led me to write several articles on the subject (all available here) and, eventually, a book entitled Blockchain + Antitrust: The Decentralization Formula (it just came out, and its accessible in open access!).

I started my research in the field by addressing the antitrust issues created by blockchain, which is very typical of lawyers. It took me quite some time to realize that blockchain and antitrust were going in the same direction and, even more so, that they were great complements. The book is all about ensuring cooperation while addressing mutual aggressions.

Hard to say which one is the most critical but let me name a few. Should you be an antitrust expert, learning about the technology is a significant challenge, but one must overcome it. Let me be clear here: antitrust lawyers and enforcers will not be required to learn about code blockchains or AI systems from scratch but to reach a sufficient level of computer science to understand the legal implications, options, and drawbacks of their actions. The same can be said for smartphones: no antitrust expert knows how to design an entire smartphone (in fact, nobody could do it on their own in the entire world), but some antitrusters understand the smartphone impact on competition, how to regulate their use, etc. Only then will it be relevant to discuss how to ensure procedural fairness, cooperation between agencies, and consideration of non-computable elements while fostering computational antitrust.

Should you be a computer scientist, the challenge is slightly different. Computer scientists are required to work with antitrust experts to develop the right tools and efficient ways to feed these tools with data, but even before that, they face an issue of incentives. Antitrust agencies pay their employees a tiny fraction of what big tech pay them because they cannot compensate more. This means we need to talk about monetary incentives which harbor and foster this community of practice if we want to overcome this challenge.

Antitrust agencies, policymakers, and market participants all can benefit from the new domain of computational antitrust, which seeks to develop computational methods for the automation of antitrust procedures and the improvement of antitrust analysis. The Stanford Computational Antitrust project was created in January of 2021 to raise awareness and provide concrete research and solutions in the space. It gathers over 55 competition agencies and an academic board of 35 scholars. All our publications are available in open access, so feel free to have a look.

I am not sure how to identify the most exciting new development, but the one that excites me the most relates to the combination of technology and law, whether to augment procedures and analyses or reach substantial objectives. In Blockchain + Antitrust I explain that both blockchain and antitrust seek a common objective of freeing economic transactions from coercion, for example through decentralization.

I wish we could move beyond the anti vs. pro enforcement debate. My work does not fit anywhere on this scale because it seeks to contribute to a different enforcement, hopefully more dynamic, more in line with complexity theory and innovation. For one, I see the use of computational tools computer-based problem-solving methods, such as natural language processing, unsupervised machine learning or agent-based modeling as a way to get antitrust enforcement closer to market realities. In addition, blockchain antitrust begs for a different type of enforcement activities, called pro-blockchain, which implies protecting the technologies from artificial forms of centralization without challenging blockchain core characteristics.

Legal systems are designed and run by human beings, so education is key. I believe that getting acquitted with computer science requires learning by doing. I have listed open-access resources for the purpose, accessible to all. Antitrust agencies and governments need to prioritize learning about the latest advancements in blockchain along with the risks and opportunities in order for public systems to catch up.

Now, more specifically to the legal systems, there is a challenge of developing the right computational tools and feeding them appropriately. In some cases, the necessary data is already in the hand of agencies; for example, they could label their past case-law and train machine learning systems on that basis to detect new patterns. In some other cases, the data is out there, meaning, on the market. Here, it could be difficult to access the desired information. Web scraping could help, the use of public documentation in the hand of other governmental bodies could also help, but eventually, we will need to give agencies greater investigative powers. The CMA was able to access Google and Bing search queries for one week, which would be impossible for the European Commission. This is an important topic that we should discuss along with procedural fairness to ensure computational antitrust improves the common good and not personal agendas.

I dedicate Title 3 of Blockchain + Antitrust to this question, but here is what I would like to say in a nutshell: cooperation is only possible if we (1) we agree on the necessity to cooperate, (2) address the sticking points (when antitrust infringes blockchain, and when antitrust infringes blockchain functioning and goal), and (3) implement a concrete program. One thing is sure: without a proper understanding of the other (i.e., blockchain or antitrust, depending on your background and training), no cooperation will ever be achieved. Unfortunately, a confrontation between the two would end up playing against blockchain communities interests, antitrust communities interests, and, more broadly, our democratic market-based societies interests. This is simple game theory; you may want to try out this little game to convince yourself of the fact. In the meantime, thank you very much for your questions!

For further insights and analysis from the World Economic Forum, explore the transformation map on Blockchain curated by the Korea Advanced Institute of Science and Technology (KAIST).

Written by

Abhinav Chugh, Specialist, Content Partnerships and Community Curation, Strategic Intelligence, World Economic Forum

The views expressed in this article are those of the author alone and not the World Economic Forum.

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How to predict where blockchain regulation may be heading: an expert explains - World Economic Forum

Blockchain for climate action must be on the COP26 Agenda – Ledger Insights

This is a guest opinion post fromAnna Roberts of iov42.

The need for climate action is unquestionably one of urgency. From the UN Code Redclimate reportto ever increasing catastrophic weather events, its clear that the world must take this seriously and fast. This weeks COP26 summit hopes to ignite some united action, but governments risk falling short of their own targets unless new beneficial technologies are embraced. If environmental ambitions for the next decade are to become a reality, now is the time for governments to abandon the misconception that blockchain remains too abstract to harness and instead equip themselves with the tools and technology to trigger an era of healing.

While there are some positive signs of innovation within this space from the international community, such as the development of theEuropean Blockchain Services Infrastructure, some are still concerned that blockchain itself is energy consuming, especially when it comes to cryptocurrency. However, enterprise blockchains can actually reduce energy usage as they scale rather than creating as much of a problem as theyre trying to solve. The environmental benefits of utilizing blockchain for industry and enterprise are substantial, and as it stands, they remain somewhat untapped. But ifESGtargets are to be met internationally, its time for leaders to take note.

Decentralized ledger technology can provide new levels of traceability and transparency for environmentally-impactful supply chains, such astimberandagriculture supply chains that have far-reaching societal and economic impacts too. This means that irresponsible sourcing can be eradicated and accountable decision-making promoted through a visible, secure audit trail of actions. Curtailing deforestation, which is one of the pre-established goals of the COP26 summit, can be achieved using tools such asTimber Chain, which digitalizes human processes and holds identities to account. This is game-changing for industries susceptible to vulnerability, and especially those most impactful to our environment.

This is why blockchain-powered solutions are needed. They enable governments and organisations to ensure regulatory compliance and track and report on reducing carbon footprints, in turn allowing leaders to become better informed. Until recently, the development ofgreen smart contractswas hindered by the inability of blockchains to interact meaningfully with data about the state of the environment. However, they are finally becoming production-ready, meaning that developers globally are able to build applications aroundcarbon offsets, crop yields and air quality.

Its clear that these tools must have a place on the agenda for the November meeting of the worlds most powerful nations. Blockchain when integrated with other technologies can help us practically deliver the necessary action to slow down the climate crisis, but only if its potential is properly recognized, and soon.

Thankfully, its clear that public and private investors are starting to take notice of this type of technology. The global value of blockchain innovations for agriculture isexpected to growto nearly 420 million by 2023. However, its fair to say that despite an increase in interest, blockchain technology overall is still in its infancy and requires further research and piloting efforts to achieve large-scale adoption. The COP26 summit is an opportunity to speed up this process.

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Blockchain for climate action must be on the COP26 Agenda - Ledger Insights

Tech 24 – How to reduce the environmental impact of the blockchain? – FRANCE 24

Issued on: 01/11/2021 - 15:31

In this edition we explore how toreduce the carbon footprint of the blockchain, an underlying technology in which many cryptocurrencies are encrypted. The blockchain requires significant computing power and hence consumes a lot of energy, prompting a push to find ways to make it greener.

NFT art combines a digital work of art with a unique, tamper-proof certificate encrypted in the blockchain. This is a revolution because it makes it possible for the first time in the digital world to distinguish an original version from its copies and to give it an ownershiptitle.

The owner receives an NFTor non-fungible token,which certifies that he or sheis indeed the official owner of the artwork.The problem is that the underlying technology, the blockchain,has a high carbon footprint.

We ask John Karp,co-author of "NFT Revolution", how to make NFTs and the blockchain more environmentally friendly.

Plus, we tell you how the US's top military commander has confirmed a test by China of hypersonic weapons. Those weapons could be used in the creation of a system orbiting in space, capable of shooting down an incoming attack. It's the first time the US has acknowledged the Chinese test.

And in Test 24, Peter O'Brien showcases a model of a nanosatellite launcher by French startup Venture Orbital Systems.The real version is set to be 10 times bigger and should be operational by 2024.

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Tech 24 - How to reduce the environmental impact of the blockchain? - FRANCE 24

Crypto payments platform introduces a solution to scalability concerns with the help from co-inventor of blockchain – Cointelegraph

Since the release of the Bitcoin white paper exactly 13 years ago, blockchain technology has revolutionized several industries with multiple use cases, including facilitating money transfers, automated legal contracts, and providing traceability to the supply chain. And a blockchain project advised by the co-inventor of blockchain technology, Dr. Scott Stornetta, has decided to launch their mainnet on this very day. Jax.Network positions itself as an extension of the Bitcoin (BTC) network, fixing the scalability problem of the latter.

Through many years of research, the Jax.Network teambelieves they have found a solution to the Blockchain Scalability Trilemma. Jax.Network brings this to life as the first full-state sharded proof-of-work (PoW) network, introducing an approach for solving the scalability problem in blockchain networks like Bitcoin. The team believes they are well-positioned to achieve this goal due to the onboarding of Dr. Stornetta, one of the co-inventors of blockchain technology, as an advisor.

The project is an open-source protocol anchored to the Bitcoin network to build a universal standard for quantifying economic value. It also has a native digital currency known as JAX, the backbone of the Jax.Networks blockchain value proposition.

Dr. Stornetta is most well-known for his three citations in the original Bitcoin white paperwritten by Satoshi Nakamoto. Each mention considers his work with Dr. Stuart Haber. This work outlines the original prospect of using digital time stamping to record transactions on the blockchain. This work later went on to win the Discover Award for Computer Software in 1992 and, three years later, was featured in the New York Times.

Dr. Stornetta has joined Jax.Network as an advisor to share his knowledge, perspective, and experience. He believes the company has the potential to build off what he initially proposed and create a decentralized payment solution for everyday payments a.k.a. Electronic Cash, just as Bitcoin intended.

When asked about the project, Dr. Stornetta shared, I met the Jax.Network team at a blockchain conference in Dubai, UAE, and got interested in their idea of a stablecoin pegged to hash rate. I believe Jax.Network could become a critical infrastructure for the ecosystem, as it extends the Bitcoin protocol by bringing proof-of-work sharding and a decentralized stablecoin backed by Bitcoin hash rate to solve the pain points of scalability and volatility thats hindering the mass adoption of cryptocurrency payments.

Looking at the project in more detail, Jax.Network includes pure state sharding, which ensures that transactions, validators, while accounts are distributed between shards. The result is that future transactions dont require any knowledge of the one preceding them. Another important feature is merged mining, a technique used to simultaneously mine two or more chains in order to secure shards with a mining reward system that is flexible and balanced. Additional features worth noting are their decentralized transfer system and universal reward function.

Bringing these features together, Jax.Network will also provide benefits to the original Bitcoin network. Since Jax.Network is anchored to Bitcoin; the project can also help to bring stability and scalability to this blockchain ecosystem.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

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Crypto payments platform introduces a solution to scalability concerns with the help from co-inventor of blockchain - Cointelegraph

Inside the blockchain developers mind: What is a testnet? – Cointelegraph

Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developers Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the crises that are holding back blockchain adoption: upgradeability, scalability, and governance.

Blockchain testnets are an interesting subject because they come in all shapes and sizes. So, in this post, my goal is to leverage my inside experience as the CEO of Koinos Group (developers of Koinos) to demystify testnets and perhaps give some insight into why they seem to have such an impact on price.

The most obvious place to start is with the name: testnet. The purpose of a testnet is to test a network. At a very high level, there are two flavors of testnet. The first is a testnet that is released prior to a mainnet (main network), and the second is a testnet that is released after a mainnet is already in operation. The functions these serve are similar, but the context in which they are released dramatically impacts the perception, and impact, of the release.

Ill start with the second kind of testnet because, in a way, this is the more straightforward context. When youre talking about existing networks like Bitcoin and Ethereum, testnets serve two primary functions. The first is that they are a live environment in which developers can test their decentralized applications. Every good developer knows that theres no such thing as perfect code, so testnets give developers an environment that is very similar to the main chain (e.g. Ethereum) in which they can test their code with effectively zero risk. Things running on a testnet are expected to break, and the tokens used are expected to be worthless.

Related: London fork enters testnet on Ethereum as difficulty bomb sees delay

So, testnets are an environment that enables decentralized application (DApp) developers to increase the value of their applications (i.e., make their apps better) precisely because there is no expectation of full functionality or wealth creation. In a sense, the value of a testnet stems from its worthlessness.

But testnets have a two-sided nature, which brings us to the second function that testnets serve, and that function is to the benefit of, not the DApp developer, but the platform developer (in our case, the blockchain developer). One thing I have been surprised to see from my unique perspective is how commonly DApp developers are conflated with blockchain developers. Typically, people who write smart contracts are not blockchain developers, and blockchain developers generally spend very little time writing smart contracts.

Ironically, Koinos is throwing a huge wrench in this distinction because its entire system is implemented as smart contracts! Since Koinos smart contracts are upgradeable, this means that any feature can be added to the blockchain without a hard fork, but it also means that the people developing the blockchain (like members of the Koinos Group) are using and developing the very same toolchain and toolkit that developers will use to build their DApps. But this is a feature that is totally unique to Koinos, so we can put that aside for the sake of this discussion.

In every other blockchain, the blockchain developers have to develop updates in whatever programming language the blockchain is written in (C++, Rust, Haskell, etc.), and they are working on a very large and complicated system called a monolithic architecture. Within monolithic architectures, changing any part of the system can impact any other part of the system, so the risk of making changes is that much higher.

Blockchain developers also need a live environment with low stakes that they can use to test out their changes and see what breaks. Like application developers, they want this environment to be as close to the real network as possible, which means that they want their code to interact with code that application developers will be running as well.

This reveals the two-sided aspect of testnets. They enable both the developers of applications and the developers of platforms to interact with one another and safely test their code in as close to a live environment as possible, but with very low stakes. This enables both groups to improve their products and make them more valuable to their users.

Now we can start to see why testnets seem to have such an impact on token price. If we assume that price is a function of value, and that testnets help developers increase the value of their products, then price impact should be expected. The problem is that this correlation has led to several undesirable outcomes. Projects will often release a testnet that has no utility to developers for the sole purpose of boosting their token price. Unfortunately, many people will see the testnet announcement and just assume that something valuable has been released, and so the act will have the desired effect on the price.

Up until now, Ive been focusing on the utility of testnets in the context of existing blockchains, which is that they create a safe space for application developers to test their applications and for blockchain developers to test upgrades to the underlying platform. This will help you understand the other important context in which testnets are released, which is prior to the release of the mainnet.

Once again, testing is the primary objective, but the focus is far more on the system itself, as it has never before been operational. Of course, since it is new, there wont be any applications running on it anyway. Now the situation is more one-sided. The majority of the people working with the codebase will be blockchain developers, and the goal is to get the platform to a place where developers want to actually build on it.

The first requirement developers will have is that the platform is proven to be sufficiently safe, and that should be the prime directive behind the specific tests that are run. Assuming developers are convinced that the platform is sufficiently safe, then theyll need to be educated on how to use the platform. In other words, the testnet must be thought of as an educational tool that enables developers to gain a deeper understanding of how they will be able to use the platform while they are also helping to test the security of the network.

Finally, as they are testing the network and learning how to use it, they will inevitably find places where the platform could be improved important libraries might be needed, or important documentation might be needed to help them understand the system. This information is invaluable feedback that the platform developers absolutely have to use to make the platform better before mainnet implementations are finalized.

Computer networks have become a major part of our lives whether we realize it or not, and they are only increasing in importance. Testnets are a critical step in the process of releasing new and innovative computer networks that can add ever-increasing value to our lives. Hopefully, by gaining a deeper understanding of the nuances of testnets and the important contexts in which they are released, you are now better equipped to evaluate specific testnet releases and whether they are being designed and launched for the right reasons.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Andrew Levine is the CEO of Koinos Group, where he and the former development team behind the Steem blockchain build blockchain-based solutions that empower people to take ownership and control over their digital selves. Their foundational product is Koinos, a high-performance blockchain built on an entirely new framework architected to give developers the features they need in order to deliver the user experiences necessary to spread blockchain adoption to the masses.

Koinos Group is to release version 2 of their testnet, which features stability improvements, their mana fee-less transactions system and a contract development toolkit that will allow developers to build and run smart contracts on Koinos.

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Inside the blockchain developers mind: What is a testnet? - Cointelegraph

How CURE Is Combining Innovation, Technology and the Blockchain To Decentralize Healthcare – Yahoo Finance

CURE is on a mission to heal the world and it is already well on its way.

Chicago, Illinois--(Newsfile Corp. - November 1, 2021) - The charity-backed DeFi project blasted out of the gate on September 16th and has since gone on to enormous success, raising its market cap to an ATH of $51 Million, as well as achieving the fabled hallmark of $1 Million daily volume traded. However, it is the core principles of the project, and founder Jacob Beckley's vision for the future that is really turning heads.

Cure Token

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Unlike most projects that launch and then attach themselves to a charity component as an afterthought, CURE is charity first. Backed by the immensely successful non-profit, The Beckley Foundation, CURE has so-far raised over $200,000 for pediatric cancer, and is continuing to raise a further $10,000 every single day. Already these donations have had an immeasurable impact on the lives of so many families and children suffering from childhood cancer - including paying for 4-year-old Lukas' dream holiday to Disney World, and providing care for terminally ill Alex. This ceaseless wave of positive work has now caught the eye of big names, including platinum-selling musician Majestic Drama, who has joined the project as ambassador.

Jacob himself is not one to stand on the side-lines. Even though he is already the Senior Vice President of Innovation, Technology and Product at highly successful Innovation company, Fusion92, he spends countless hours working tirelessly alongside his vast team of some 85 individuals. As the face of the project, Jacob is constantly taking part in featured AMA's (sometimes up to four a day), hosting Crypto 101 sessions (where he educates newcomers about DeFi and how to stay safe), planning marketing and organizing charitable donations.

He does all this without earning a single cent.

Story continues

A true testament to his philanthropic nature and the aims of his project Jacob does not own a single token, and any he buys with his own money, he immediately burns to decrease circulating supply and increase value. For Jacob, this is about a life of service and helping as many people as he can as quickly as possible. And it's working.

The future is already bright for CURE, but with its upcoming real-world use cases, it is about to burn white-hot. Pay attention, because this is where things get really exciting:

CURE Chain will be up first, which will allow agnostic patient healthcare to be stored as dynamic NFT's, growing organically throughout the life of the individual, whilst remaining completely anonymous. Global researchers would then be able to tap into, collate and share that information between each other across the world, side-stepping the large data gap caused by bureaucracy and national policies. This in turn would mean that for the first time in history, researchers would be working together rather than in small, separate pockets, which would allow them to discover cures and treatments unimaginably faster, whilst the patient earns perpetual royalties from the supplied data.

The second future utility is no less than a total revolution in global healthcare. There is a vast discrepancy in the quality and accessibility of healthcare, particularly for those with less affordability. CURE is set to become the currency for that access. It could be traded or even donated to people in need, allowing them to get access to quality and equal healthcare, regardless of geographical location. Once implemented, it will become the greatest equalizer the medical field has ever seen, one that will allow everyone on the planet to get the help they need, as well as sounding the death knell for expensive, prohibitive barriers.

CURE was one man's vision that has now become an entire movement centered around access, decentralization and equality. It is growing at an exponential rate, of which much of its popularity can be attributed to its transparency and authenticity, as well as the fact that in a sea of scams and memes, it is a project with a true purpose, and a passion at its core; the desire to change lives and improve the world.

Now that's a cause worth investing in.

If you want to find out more about CURE and its mission, head over to their website at https://www.curetoken.net/ or join the telegram at https://t.me/curetokenv2.

Media Contact

Jacob BeckleyEmail - admin@curetoken.net

PR - cryptoshib.comEmail - info@cryptoshib.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101545

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How CURE Is Combining Innovation, Technology and the Blockchain To Decentralize Healthcare - Yahoo Finance

Why Hollywood loves cryptocurrency, NFTs, and the blockchain – Fast Company

Delayed three times since spring of 2020, No Time to Diethe 25thJames Bond moviefinally premiered in London earlier this month, taking in $119 million in its international debut. It marked not only the return of the movie theater experience to much of the world, but also a glimpse at the future role of technology in facilitating global entertainment distribution.

From merchandise to receiving financing through crypto- and blockchain-based production, studios can better cater to filmmakers, retailers, and moviegoers by modernizing their approach to production and distribution. No Time to Die signals the first time a major Hollywood production has received such backing, but further crypto-based financing for other Hollywood projects in general has the potential to upend the entertainment industry.

In particular, MGM represents a vanguard in the entertainment industry. The companywhich Amazon agreed to acquire for $8.45 billion last Mayhas already been collaborating with technology leaders to reach a wider audience and better monetize its properties. Early in 2021, it announced a partnership with Eluvio and its Content Fabric platform to support MGMs distribution of screeners, prerelease screenings on local devices, and marketing and licensing support. Eluvios recent breakthroughs in blockchain security for content streaming are enabling media companies to expand monetization efforts beyond traditional barriers, with greater levels of personalization and rights control. MGM is also one of several recent media companies to explore the viability of NFT distribution to support their IPs, partnering with VeVe to distribute digital collectibles for No Time for Die.

Blockchain technology is positioned to potentially transform several processes within the media and entertainment industry for content security, license & rights management, digital advertising, and royalty distribution, according to a recent report from Industry Research on the blockchains impact on the media business. With crypto and blockchain, the movie and entertainment industry is poised to reinvent its business functions, facilitating secure, transparent, and traceable transactions across the market.

The worlds largest media companies have endured a string of significant issues in recent years, among them surges in piracy, the challenge of fully monetizing streaming platforms, and the cratering of the box office because of COVID-19. According to Industry Researchs report, With the help of blockchain technology, media, and advertising enterprises are able to eliminate fraud, reduce costs, and increase transparency within critical and time-consuming business processes. Further, blockchain technology helps the media and entertainment companies to effectively protect Intellectual Property (IP) rights.

Piracy and access remain the greatest risks to the entertainment industry. Blockchain technology that enables secure delivery of content, and crypto-based investments that support independent filmmakers at scale are set to transform how media is both created and distributed. As a result, the global crypto and blockchain market size in the media and entertainment industry is expected to reach $1596.3 million by 2027, up from $466 million in 2020.

As managing partner of Parkpine Capital, an early-stage post-revenue venture capital fund, Im already seeing the effects of the growing interest in crypto-based entertainment investments. Our own fundraising for $175 million to be allocated to seed and Series A startups is about to close, and well be launching a private investment syndicate with an investment capacity of over $3 billion to back the tech-based entertainment industry.

Were seeing that studio executives and their tech-fund managers are keen to explore acquisitions of blockchain/crypto-backed entertainment startups that will speed up international distribution of films and products. In the independent film market, funding is scarce and investors are generally skittish due to the high risk of such endeavors. The implementation of NFTs and the democratization of development through crowdfunding is an opportunity for all artists, but especially for the independent film landscape. For both major studios and independent filmmakers, crypto/blockchain investments are enabling greater flexibility, reduced labor costs, and streamlined production processes. By reducing risk, crypto is enabling more opportunities throughout the industry.

At the consumer level, AMC recently announced it will start accepting Bitcoin, Ethereum, Litecoin, and Bitcoin Cash payments from customers. And as many companies dip into crypto, some like DraftKings, Funko, and Liquid Media are experimenting with pop-culture and sports-oriented NFTs. The increased adoption of crypto-transactions by supporting industries will likely lead to evolving relationships between studios, investors, and creators.

This appetite for crypto-based backing will grow, even as Chinathe worlds largest market for film entertainment has started to crack down on cryptocurrencies and the entertainment industry. China recently banned crypto as part of a series of sweeping bans on everything from superhero movies to video games and representations within media. While these restrictions on content and currency in China may look like a potential roadblock to widespread crypto implementation, and the country will continue to flex its financial muscles, its not quite so simple. Chinas anti-crypto efforts are part of much broader measures the country is imposing on its financial systems in general, in an attempt to reduce risk in the system and stabilize growth that has been exponential in recent years. There are limits to what those restrictions will be able to do (were already seeing some flexibility), with the country permitting the blockchain-backed No Time to Die to premiere on October 29.

With blockchain technology already making inroads throughout the industry, were on the precipice of seeing a shift in how technology impacts and influences Hollywood and entertainment in general. Down the road, California venture capital firm a16z could be winning Academy Awards instead of Columbia Pictures or Warner Bros. Were optimistic about this potential and expect fundraising for multicultural collaborative-entertainment projects to accelerate by at least tenfold in the next several years.

Despite recent turbulence in the markets, likely impacted at least partially by Chinas regulator crackdown, crypto and the revolutionary blockchain technology behind it are here to stay. What were seeing right now may delay what comes next, but change is coming nonetheless. Just as audio technologies ushered in the Golden Age of Hollywood, crypto and blockchain are positioned to inspire awe and passion among filmmakers and viewers alike.

Ahmed Shabana is a venture capitalist, startup advisor, and investor. As managing partner for Parkpine Capital, founder of Global Ventures Summit, and creator of The Hungry Company, he helps founders to scale startups beyond borders.

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Why Hollywood loves cryptocurrency, NFTs, and the blockchain - Fast Company

AWS for blockchain Alchemy boosts valuation to $3.5B with $250M raise – TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 billion.

Andreessen Horowitz (a16z) led the financing, which was extremely competitive with a number of large venture firms clamoring to not only back the company, but lead the investment, according to sources familiar with the transaction.

Besides the fact that Alchemy increased its valuation by a staggering 7x over a six-month period (thats a gain of more than $500 million in value per month), the round is notable for a few other reasons. For one, it represents one of a16zs largest Web3/blockchain investments to date. In June, the firm revealed its $2.2 billion crypto fund, illustrating its serious commitment to the space. (For the unacquainted, Web3 refers to a set of protocols led by blockchain, that intends to reinvent how the Internet is wired in the backend).

Whats also interesting is that Alchemy has managed to achieve something that remains elusive for most startups: profitability.

According to CEO and co-founder Nikil Viswanathan, the company is in fact very profitable. It turned that corner over the past few months, he said, as demand for its offering has exploded and revenue grew 15x since its last raise in April. The startup has been doing so well that it hasnt even touched the $80 million it raised in its Series B, according to Alchemy CTO and co-founder Joe Lau.

All that money is still in the bank, he said. We didnt need the money but we saw the value in bringing on great partners, such as Andreessen, which has an incredible team with deep technical expertise in the blockchain space.

Put simply, Alchemy wants to do for blockchain and Web3 what AWS (Amazon Web Services) did for the internet. The startups goal is to be the starting place for developers considering building a product on top of a blockchain or mainstream blockchain applications. Its developer tool aims to remove the complexity and costs of building infrastructure while improving applications through necessary developer tools. It launched its offering in August of 2020.

Today, Alchemy powers a range of transactions across nearly every blockchain vertical, including financial institutions, exchanges, billion-dollar decentralized finance projects and multinational organizations such as UNICEF. It has also quickly become the technology behind every major NFT platform, including MakersPlace, OpenSea, Nifty Gateway, SuperRare and CryptoPunks. Other customers include Dapper Labs, Axie Infinity, Fortune 500s building on blockchain such as the recently signed Adobe, PricewaterhouseCoopers. It also serves the majority of DeFi.

Alchemy powers over $45 billion in transaction volume for companies around the globe. Thats up from $30 billion at the time of its April raise. Since then, the company has also expanded the number of blockchains that it powers.

Our platform was more or less on Ethereum, but weve seen a lot of demand and have since expanded to include Polygon, Arbitrum, Optimism and Flow, Lau said.

Image Credits: Alchemy

Alchemy has also seen a lot of new developers, noted Viswanathan

Weve had many more teams and companies join Alchemy, and more developers per team or per company are using our platform, he added. So were seeing growth across all axes.

Despite its explosive growth, Alchemy remains a lean team. It currently has 37 employees. It is based in San Francisco, with an office in New York and remote employees globally.

The company plans to use its new capital mostly to invest in building a community around blockchain. Alchemy started at the right time, in the execs view in 2017 when the market was tiny and many still doubted the opportunity in the space.

Our ultimate goal is to bring the promise of blockchain to life, Lau said. We want to fulfill its potential by creating more resources for developers to come into the space and more effectively and more quickly build blockchain products.

Viswanathan believes Alchemy is playing a crucial role in the recent surge and popularity of blockchain.

As blockchain has been growing, not only has Alchemy grown, but we have helped the blockchain ecosystem grow because, he told TechCrunch. Its this kind of virtuous cycle the more we provide better tooling, the easier it is for developers to build products, and then more users come, so then more developers come and we make the tooling better, and so on and so forth. So we like to think of ourselves as helping spin that flywheel.

Image Credits: Alchemy

Ali Yahya, general partner at Andreessen Horowitz (16z), described Alchemy as a key driver of the growth of blockchain and Web3, and said the startup is already the de facto developer platform for Web3.

Just as Microsoft and AWS built platforms that powered the computer and internet industries, Alchemys platform enables developers to build blockchain products used by millions globally, he wrote via email, adding thatAlchemys growth across all relevant metrics has been staggering.

Google chairman and former Stanford University President John L. Hennessy who invested in the companys last round echoed Yahyas sentiments. But he also made another, noteworthy comparison:

Alchemy is powering the growth of the blockchain industry the same way Amazon Web Services did for the cloud, he wrote via e-mail. The excitement about their technology reminds me of the early days of Google.

The Series C financing also included participation from new investors Lightspeed Venture Partners and Redpoint. Existing backers Coatue, Lee Fixels Addition, DFJ and Pantera Capital doubled down on their investments in Alchemy, which has now raised about $345 million in total since its 2017 inception.

Other previous investors in the company include the Chainsmokers Mantis, actor Jared Leto and the Glazer family (owners of the Tampa Bay Buccaneers and Manchester United), Yahoo co-founder and former CEO Jerry Yang, Coinbase, SignalFire, Samsung, Stanford University, Charles Schwab, LinkedIn co-founder Reid Hoffman and others.

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AWS for blockchain Alchemy boosts valuation to $3.5B with $250M raise - TechCrunch