Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC, with no payment processing fees associated. Solana Mobile Processed Over $20 Million in USDC Payments […]
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Polkadot, the blockchain interoperability platform, is entering the world of gaming through a strategic collaboration with Parity Technologies and Unity Games. This partnership facilitates Polkadot’s integration with the game engine that powers popular titles such as Pokémon Go and Call of Duty Mobile.
Unity Games, a leading software development kit (SDK) provider for game developers, commands a substantial 60% share of the mobile gaming market. The collaboration involves Polkadot joining Unity’s verified solutions (VS) program, a pathway within Unity for decentralized networks like Polkadot to earn a coveted spot in the Unity Asset Store.
Polkadot will integrate with the Game Engine powering Pokémon Go and Call of Duty Mobile 🎮
A new collaboration between @paritytech and @unitygames will allow Polkadot to join Unity’s verified solutions (VS) program.
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📱 Unity is a leading software development kit… pic.twitter.com/ygiB3KwOuF
— Polkadot (@Polkadot) December 22, 2023
Unity’s VS program meticulously vets and curates third-party solutions, including SDKs, plug-ins, editor apps, and cloud services. Successful applicants not only find a place in special collections but also stand the chance to be featured in marketing and promotional campaigns within the Unity Asset Store.
By integrating with Unity Games, Polkadot aims to enhance its visibility in the Web3 gaming space. The Unity Asset Store, utilized by over 1.5 million developers, serves as a go-to platform for various applications in the creator economy, ranging from animation to architecture. This collaboration marks a significant step for Polkadot in expanding its presence in the gaming industry.
In a strategic move to propel the growth and adoption of Polkadot (DOT), Parity Technologies, the driving force behind the innovative blockchain, made three key appointments to its leadership team on November 25. This initiative further aligns with Polkadot’s aim to establish itself as a frontrunner in the rapidly expanding interoperable blockchain sector.
Also, the positive impact of these leadership additions was immediately evident in Polkadot’s price trend. From November 25 to December 15, the price of Polkadot (DOT) experienced a notable surge, escalating from $5.32 to $7.55. This surge represents a substantial 41% increase in the price of Polkadot.
The robust performance of Polkadot’s price following these leadership enhancements indicates the effectiveness of Parity Technologies’ commitment to fostering the future adoption and growth of Polkadot. Market analysts anticipate this positive momentum to persist, with the Polkadot price prediction projecting a further surge to $8.01 by December 31.
At press time, Polkadot (DOT) is trading 6.66% up at $8.04 and a market cap of $10.1 billion. This happens as the daily transactions on Polkadot have surpassed the unprecedented milestone of 1,000,000, thus signifying a major transaction surge. This notable achievement sets a new record for the layer-1 protocol, showcasing its capacity for high transaction throughput.
Taiwan Mobile’s decision demonstrates the growing interest of conventional sectors in capitalizing on the possibilities of cryptocurrencies and blockchain technology.
Taiwan Mobile Co Ltd (TPE: 3045), one of Taiwan’s prominent telecommunications companies, has expressed its openness to potential alliance opportunities with Taiwanese firms specializing in crypto.
As reported by Bloomberg, the company is reportedly engaging in discussions with various Taiwanese firms that specialize in digital currencies. This includes the fintech blockchain company XREX.
According to sources familiar with the matter, the talks aim to assess potential alliance opportunities and explore potential investments. However, no decisions have been made, and a deal may not be reached, according to the sources.
XREX, a fintech and blockchain company, is known for its expertise in providing a secure and efficient platform for cryptocurrency transactions. The specific benefits and objectives of a potential alliance between Taiwan Mobile and crypto-focused companies remain undisclosed.
However, such collaborations may provide mutual benefits. Collaboration with crypto enterprises could enable Taiwan Mobile to explore new business models, services, and revenue sources inside the digital asset ecosystem. Additionally, these collaborations may make it easier to integrate blockchain technology into telecoms infrastructure, improving efficiency, security, and customer services.
In response to inquiries about alleged talks between Taiwan Mobile and XREX, TaiwanMobile claimed that it is “open to any potential opportunities.” However, the corporation made no further remarks or provided any additional information on the situation.
Similarly, Wayne Huang, co-founder of XREX, refused to clarify whether his company is currently in talks with Taiwan Mobile. However, the co-founder highlighted that there are significant synergies between established institutions like telecom companies and blockchain firms like XREX.
Huang points out that organizations such as telecommunications corporations already have a large user base that has gone through the appropriate Know-Your-Customer (KYC) requirements. On the other hand, XREX brings its resources, and domain expertise in blockchain technology and cybersecurity to the table.
Notably, Taiwan Mobile’s decision demonstrates the growing interest of conventional sectors in capitalizing on the possibilities of cryptocurrencies and blockchain technology.
The growing popularity and usage of crypto have driven established firms from a variety of industries to seek collaborations and investments in the blockchain and crypto sectors. By demonstrating a willingness to engage with crypto-based firms, Taiwan Mobile acknowledges the potential for innovation and growth within this emerging industry.
In a significant move, NTT Docomo, the largest mobile telephone operator in Japan, announced last year its intention to partner with Irish-American IT company Accenture, on Web3 implementation. According to the agreement, NTT Docomo would invest up to 600 billion yen ($4 billion) in Web3 infrastructure in the East Asian corporation.
This initiative is part of a larger plan by the largest Japanese mobile telecom provider to use the Web3 space with its existing capabilities. Meanwhile, Japan has adopted a Web3 white paper, which could propel the East Asian country to the forefront of global crypto development.
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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.