Weekly Roundup August – 9th

Toolchain Day #2 – Shenzhen

VeChain’s Baas Platform, ToolChain, is hitting the road on Saturday to share hands-on training and information with the Shenzhen community. ToolChain is currently powering multiple solutions in China, with the most famous example being Walmart. The platform allows businesses or approved users to link products with blockchain IDs using QR codes, NFC, and RFID chips. The first ToolChain Day was held last month in Shanghai.

OceanEx Go

OceanEx announced the launch of OceanEx Go, their IEO platform The first project has been selected, and is scheduled to be announced on Saturday the 10th.

Penfolds Bin 407 joins D.I.G’s Platform

One of Australia’s most prestigious wine brands, Penfolds, is joining D.I.G’s wine traceability platform.

This was the first time that Penfolds, one of Australia’s most famed and respected winemakers, had been empowered by blockchain for enhanced transparency and traceability. Founded in 1844, Penfolds is best known for its iconic Grand Wine. Over the years, Penfolds has won a number of accolades and awards. For example, the 1955 Grange was named one of the top 12 wines of the 20th Century by Wine Spectator, and the 2008 Grange picked up a perfect 100-point score from Wine Spectator and Robert Parker’s Wine Advocate.

Source: VeChain’s Official Medium

Sneakercoin (SNK) minted on the mainnet

SNK, originally known as Swell, was minted with a total supply of 2 Billion tokens. Swell was in the news for placing over 30,000 NFC tags at Innersect, a fashion exhibition in Shanghai last year.

https://twitter.com/BenYorke/status/1070863659608367104

Swell, based in Shanghai, will look to disrupt the lucrative shoe industry in China. Judging from the Swell app, they tend to target high-end basketball shoes, which is a large part of the 212 billion dollar sportswear industry in China.

Hacken migrates to VeChain

HackenAi is joining forces with CREAM to relaunch their project on the VeChain mainnet. This includes their own token, HAI, which will power the large, white-hat hacker community.

The HackenAi (pronounced Hacken’Eye’) product is designed in every way to fit into the modern cybersecurity landscape. It is a 360°-cybersecurity-companion product that takes a proactive approach of user cybersecurity. It consistently watches all potential threats and malpractices, immediately prompts users with timely, detailed information, and suggested steps to take in mitigating the risks of exploitation. It also has a preventive approach to educate users to take charge of their digital assets to achieve a 99.9% level of protection against all known cybersecurity threats.

Source: PRNewswire

Jur Releases Updated Whitepaper

With major updates just a few weeks away, Jur’s multi-layer blockchain-based legal ecosystem is described in-depth in the latest release.

Direct Link

Jur recently announced their migration from Ethereum, and their intention to launch the Open Layer in the upcoming weeks. The Open Layer is a crowd-based dispute resolution system that can make solving micro-disputes affordable. A second product, the Jur Editor, allows users to easily create smart contracts to ensure trust between two parties. Funds can be locked in an escrow, and released when certain automated parameters are met.

Comet’s Mobile Browser Open Beta

Another big landmark in community development is reached with the release of Comet Mobile’s Open Beta. The Browser functions like any other browser, such as Safari or Chrome. However, it’s built in wallet dApp allows websites with blockchain functionality to interact with a user’s VET and other digital tokens.

Comet is designed to be decentralized and secure. This design allows it to be used with any compatible website or dApp, giving community developers a great way to reach a larger user base.

SafeHaven Releases July Development Update

This update included the latest news on SHIP – the Safe Haven Inheritance Platform. Users who purchase a SafeKey hardware wallet will be able to assist in the upcoming beta testing for SHIP. SHIP is the main product of Safe Haven, allowing users to lock digital assets into a smart contract, that can be accessed by heirs in the event of an accident or death. Safe Haven is testing their platform while compiling user guides in advance of their launch.

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8 Things to Know About Comet Leading up to Mobile Open Beta Launch

If you’re familiar with VeChain, you’ve probably heard of or even used the Comet browser extension. Released in early 2019, Comet brings blockchain applications on VeChain to your favorite web browsers. With the new mobile app right around the corner, it has grown to be so much more than just a browser extension. Here are the top 8 things you should know about the upcoming Comet mobile app!

1) Comet is both a browser and a wallet.

The first thing you’ll notice when you open the mobile app is that it looks like a web browser, similar to Chrome or Safari, and that’s because it is! What sets Comet apart is its built-in crypto wallet with ability to power blockchain applications. Users can visit websites with blockchain features and have a secure way to handle transactions and manage assets.

2) Comet is the first wallet with fee abstraction.

Want to transfer your tokens or use dApps but don’t have any VTHO? With Comet’s groundbreaking new feature, fee abstraction,  you can pay transaction fees in any token you hold. This is a big step towards making VeChain more adoption-friendly.

3) Comet is an open platform.

Comet supports open standards and protocols like web3 and Connex, and because there is no whitelist of dApps, you are free to build and use any applications your heart desires. If it exists on the internet, you can get there with Comet.

4) Comet supports all VeChain based tokens, including NFTs.

With Comet, the wallet interfaces themselves are dApps, including the default wallet called “Tokens” that ships with the mobile app. This means that developers can very easily create their own wallet interfaces for their tokens so that users can manage them on the go.

Comet is also extremely supportive of other community projects. For example, users can send their YEET tokens to their Comet address and access them at https://wallet.yeetcoin.io directly from the Comet mobile app!

5) Comet is decentralized.

Your private keys never leave your wallet. While some wallets sacrifice decentralization and security for improved user-experience, Comet delivers the best of all worlds. It uses a truly innovative UX while maintaining complete decentralization.

6) Your Comet wallet is your passport in the decentralized world.

Use a single account to gain access to all of the different decentralized applications running on VeChain. As the ecosystem grows, Comet will be the key to utility and entertainment running on the platform.

7) Comet has native support for CometVerse avatars!

Decentralized avatars are a fun way to add flair to your pseudonymous blockchain identity. You can create yours for free by visiting https://cometverse.com and it will be used as your profile picture on your favorite dApps.

8)  Open beta goes live on August 8th

This will be available on both Android and iOS.

Sign up at https://mobile.cometpowered.com

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Introducing Comet’s new decentralized marketplace

This week Totient announced their new p2p marketplace, which allows users to auction or sell their Comet NFTs (non-fungible tokens). Comet, a browser extension that allows users to securely manage their VeChain wallets directly from within Google Chrome or Brave Browser, provides users with a gateway to a world of blockchain-based applications and games.

Users can customize the appearance of their Comet in the Cometverse, as well as chat and trade VeChain tokens with other users. Customization options include a series of bright colors and novelty items.

To date, Comet has announced a series of item giveaways, including novelty hats and eyewear. Some of the rarer items had a limited release, and were completely claimed in a matter of seconds. To the creators of Cometverse, this came as quite a surprise. Totient Co-founder Clinton Bembry talked about how the whole concept was designed to be a demo for the Comet browser extension, but were encouraged to keep developing it by the strong positive feedback.

Bembry continued by stating that they’ve only scratched the surface of how they can continue to improve the user experience. The p2p marketplace is just one of many innovative new features they plan to implement.

While the popularity of the Cometverse may have been unforeseen, the direction Totient is following is much more purposeful. The marketplace is built on a protocol they call Valkyrie. Details haven’t been fully announced, but eventually this protocol will become available for other developers to use within their own dApps when creating an NFT marketplace. This is just another step in Totient’s journey towards making the VeChain blockchain more user-friendly and accessible for developers and users alike.

Learn more about Comet here.

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Buy VET at OceanEx

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