Cardstack Updates
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Do you enjoy writing? And you're a proud tech geek? Then we're looking for you!

Join the Cardstack team as a Technical Writer and be part of a global team, where you can work remotely.

Find out more and apply here: https://cardstack.applytojob.com/apply/COOXkhFtUr/Technical-Writer
The proof-of-work mechanism used for NFT transactions is notoriously bad for the environment 🌎😟.

To help create a greener Web3, we recently paired with students from NYU's Comp Sci graduate program to develop a carbon-neutral NFT system.

https://medium.com/cardstack/purging-nfts-carbon-credit-offsets-for-nft-markets-9197d3b7ca49
Dear Cardstack community,

Our team is completing a few ongoing projects to improve the security and reliability of our deployed services and applications. We are also planning for the second half of 2022 so that we can build on top of our foundation and deliver end-user facing features that leverage our protocol and deliver business values to users and customers. On the infrastructure front, we have been migrating more of our manual processes to automated scripts by way of Terraform so that the creation of new environments supporting our protocol and dApps can be more repeatable. This is a necessary investment so that we can reduce additional work and focus on supporting other blockchain nodes and networks, whether it is alternative layer 1s or a true roll-up based layer 2. This work is done in cooperation with our DevOps experts, and it allows all of our existing services to become one cohesive deployment stack.

In the area of security, our team has been working to address some improvements suggested by our auditor Trail of Bits. We are glad to announce we have submitted all the requested changes and improvements, and those improvements have been reviewed by the auditors. Trail of Bits have issued a finalized audit report for the Card Pay family of protocols. We are rolling out these changes as well as upcoming features related to our new marketplace contract in the coming weeks.

Our mobile team has also worked on improving our private key encryption and backup capabilities by requiring a user-determined pin so that all key backups are encrypted by information that only the user has—it cannot be decrypted by any third party, including the Cardstack team. This capability will still support the use of face ID, touch ID, or similar biometrics authentication, which will bypass the need for a pin code. Users are, however, encouraged to save their pin with a password manager or write it on a piece of paper in case they upgrade to a new phone and would like to migrate their local or cloud backup to the new device.

For the second half of this year, we are going to build a new SaaS feature set focused on business-to-business payments, otherwise known as invoicing between freelances and businesses. We will use the Card Pay and Card Reward protocol as the settlement and exchange rate conversion protocol. We have always planned to extend our consumer-oriented mobile-to-mobile payment experience to invoicing and billing for businesses, as the ticket amount is usually higher and the frequency is more regular. Our work will be focusing on building a web-based experience for operations, including those that work in account-payable and account-receivable roles. We will also provide a consumer quality wallet experience using Card Wallet, especially when it comes to transactional approval and signing. We will share progress on these new user-facing features as they move from the product design phase to the engineering and coding phases.
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The mainstream adoption of Web3 must be led by effective, meaningful education built on the open doors of inclusivity rather than the limits of exclusivity. Watch Joel Clelland talk about Web3 education on our Fireside Chat here:

https://youtu.be/ChJF_0te6SI
Why would someone pay millions of dollars for a digital image?!

➡️ Collectibility
➡️ Hype
➡️ Community

What do you think?

Learn more about NFTs here: https://medium.com/cardstack/from-net-art-to-non-fungible-token-a-brief-history-of-the-nft-d6d029470a46#8f36
Did you know Cardstack's #Web3Watch is on Google Podcasts?

You can listen to our Fireside Chats on web or mobile!

Subscribe now to get alerted on fresh & exciting topics surrounding Web3 and Blockchain Tech every Thursday!

https://bit.ly/3s9BMan
Why should you choose Web3 tools over Web2 services?

1️⃣ Ownership & autonomy
2️⃣ Composability & innovation
3️⃣ Transparent, equitable & secure transactions

Read more: https://medium.com/cardstack/why-choose-web3-tools-over-web2-services-19bff4d17efa
We learned a lot from Fluence Labs last week on the topic of Peer-to-Peer Computing.

If you missed it, here's the transcript of our key takeaways from the FiresideChat: https://medium.com/cardstack/peer-to-peer-computing-with-fluence-labs-co-founder-ac9fd349f027
“The future is non-binary.” ⚧️

Join us in celebrating Pride Month 🌈 this whole June!

Happy Pride from the Cardstack family.
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Let's do identity management in a better way—in a decentralized way!

Learn all about digital identity ownership & KYC from KYC-Chain in our Fireside Chat: https://youtu.be/SlrYWsXxHIE
Catch up on what the Cardstack team's been working on lately:

➡️ Web3 Trends & Insights
➡️ Web3 Watch Events
➡️ Project & Product Updates
➡️ What's coming next?

https://medium.com/cardstack/web3-roundup-aa0f7ed91bf6
The entertainment industry needs fixing. Sketchy signing agreements and unfair models of compensation—no wonder Hollywood is known as an industry of sharks.

Web3 can help. How?

Blockchain technology
NFTs
DAOs

Learn more here:
https://medium.com/cardstack/can-web3-save-the-entertainment-industry-ced6410c78ee
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What is the value of self-sovereign identity in the decentralized world?

Learn more about this in our Web3 Watch episode on Decentralized Insurance: https://youtu.be/I03JbqmKL6U
Web2 music streaming services changed the way we listen to music, but also brought up various issues that need solving. 🤕

Web3 technologies promise to decentralize platformed control and place power back into the hands of creators. 💪

Read more here: https://medium.com/cardstack/web3-and-the-future-of-the-music-industry-6c703fda6a2e
Our Web3 Watch fireside chats are available on Apple Podcasts! We have new episodes for you every week: https://apple.co/36Cu6pr