Mondelēz International to Join Hedera Council + More Crypto News

Mondelēz World to Be half of Hedera Council + More Crypto News

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Mondelēz World to Be half of Hedera Council

The Hedera Council, a consortium of over 30 diversified organizations governing the Hedera network, nowadays announced that Mondelēz World has joined the Council, in response to the press originate shared with Cryptonews.

Mondelēz World is a multi-nationwide food company with wide worldwide and local brands akin to Oreo, Ritz, LU, Clif Bar, Tate’s Bake Store biscuits and baked snacks, Cadbury Dairy Milk, Milka, and Toblerone chocolate.

The corporate operates in over 80 worldwide locations, employing 91,000 folks worldwide.

As a member of the Hedera Council,

“Mondelēz World […] is working to construct innovative, disbursed ledger technology (DLT)-essentially based solutions on Hedera, on the muse targeted on digital transformation initiatives, provide chain administration, and enriched industry processes to enable enhanced customer experiences.”

One instance is showcased in Mondelēz’s current work with fintech and funds platform company SKUx. The announcement said that SKUx and Mondelēz are increasing a customer provider program by adding a end to exact-time SKUx digital payment risk alongside coupons, mailed paper assessments, and vouchers.

Per the press originate,

“The next-technology tell case leveraging Hedera will abet because the first exact-world adoption of DLT to note the provide chain of particular person-packaged items (CPG), digital payment-essentially based provides.”

Xiang Xu, Global COE Chief of Digital Strategy and Blockchain at Mondelēz World, commented that “the capability to resolve longstanding retail change challenges for particular person-packaged items companies and merchants is extremely compelling.”

Bill Miller, co-chair of the Membership Committee for the Hedera Council, stated that together, the partners are “spearheading associated industry solutions for the larger CPG and retail ecosystem.”

Accumulate.ai Foundation Welcomes Deutsche Telekom as First Corporate Partner

Deutsche Telekom, one of many realm’s main built-in telecommunications companies and the ideal telecommunications provider in Europe by income, has partnered with the Accumulate.ai Foundation.

It is the first corporate accomplice to collaborate on advancing cutting-edge work AI and Web3 applied sciences within the Accumulate.ai network, in response to the press originate.

It stated that,

“This partnership objectives to revolutionize industrial applications by leveraging AI-driven autonomous brokers and blockchain integration to streamline processes and enhance security all over sectors devour healthcare and automotive.”

The Accumulate.ai Foundation is a non-income group established in the Netherlands by Bosch and Accumulate.ai. It advocates for an open platform accessible to a numerous user base.

Deutsche Telekom’s subsidiary MMS takes on the role of both a member and validator, bolstering network security for the decentralized Accumulate.ai blockchain, running on the Cosmos protocol, said the Foundation.

Merging blockchain and AI is a pivotal 2nd in change evolution, the announcement said. It unlocks novel potentialities and collaborative innovations.

“By combining stable files transmission with AI capabilities, blockchain technology enriches AI performance, enabling instructed risk-making and facilitating a decentralized net (Web3) that prioritizes user privateness and withhold a watch on,” the Accumulate.ai Foundation concluded.

Taurus and Lido Enable stETH Custody and Staking Amid Inquire of from Banking and Corporate Potentialities

In assorted crypto files, worldwide digital asset infrastructure provider Taurus nowadays announced a strategic partnership with Lido Protocol, the middleware liquid staking resolution for Ethereum.

Taurus will combine Lido and add custody and staking enhance for staked Ethereum (stETH) to Taurus-PROTECTTM, the banking-grade custody resolution, in response to the press originate.

Taurus has furthermore expanded Taurus-EXPLORERTM, its blockchain connectivity infrastructure, together with nodes and indexing, to spice up the Lido middleware.

Per the announcement,

“In step with growing institutional accumulate a matter to, Taurus’ purchasers will have salvage entry to to Lido’s liquid staking middleware resolution, allowing them to stake their Ethereum and salvage entry to rewards while restful the tell of stETH for assorted on-chain actions, together with liquidity pool swapping (to change stETH for ETH).”

Marin Tvrdić, a accepted Protocol Relatives fanatic and contributor who actively helps liquid staking applied sciences devour the Lido protocol, commented that the combination combines the advantages of liquid staking with a banking-grade custody resolution to support bridge the DeFi-TradFi hole. “This integration addresses complications with security and liquidity by ensuring resources are stable and with out inconvenience accessible to electrify DeFi more appealing to every person,” Tvrdić said.

Vassili Lavrov, Head of Product at Taurus, added that liquid staking “solves plenty of effort factors” associated to Ethereum native staking. This entails excessive limitations for traders and locked liquidity.

Taurus serves because the depended on platform for Europe’s ideal monetary establishments and company companies, the announcement said. Over half of of Switzerland’s banks that provide digital asset services rely on Taurus infrastructure.

In the intervening time, the Lido protocol programmatically solves complications associated to native ETH staking, akin to illiquidity, accessibility, and coping with hardware.

Source : cryptonews.com