RSquad Blockchain Lab
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โ€‹โ€‹๐Ÿ”ฅ RSquad: news from the world of blockchain ๐Ÿ”ฅ
โ €
Web3 encyclopedia worth $40 million, profitable NFT fashion from clothing brands and a hacker attack that stopped the network โ€” RSquad has prepared a selection of news from the world of blockchain. ๐Ÿ‘‡
 
โŒ Stopping BNB Chain โŒ
 
On October 7, BNB Chain stopped working due to a hacker hacking of the BSC Token Hub bridge. With its help, the attackers stole assets worth over $ 544 million, but were able to withdraw about $ 100 million.
 
The exchange claims that customer funds are safe. We are talking only about the additional issue of the BNB service token.
 
๐Ÿ’ฐ Let's remember about other high-profile hacks: โฌ‡๏ธ
 
โžก๏ธ September 2022 โ€” Wintermute market maker lost $160 million in assets.
 
โžก๏ธ August 2021 โ€” The Poly Network cross-chain protocol lost more than $600 million, which became the largest hack in the history of the entire crypto market. However, the attackers returned the stolen funds.
 
โžก๏ธ January 2018 โ€” hackers withdrew about 523 million NEM tokens ($530 million) from the address of the Japanese cryptocurrency exchange Coincheck.
 
๐Ÿ‘‘ Fashion for NFT ๐Ÿ‘‘
 
According to a study by the independent cryptocurrency aggregator CoinGecko, the clothing and luxury goods industry is gaining momentum in the use of NFT. Large companies are launching their own NFT collections. Since 2020 alone, 19 leading brands have already declared themselves.
 
๐Ÿ‘Ÿ Heads the Adidas AG rating with the NFT collection "adidas Originals: Into the Metaverse", the total trading volume of which since its launch in December 2021 amounted to 47,000 ETH ($64 million).
 
๐Ÿ“š $40 million to create a Web3 encyclopedia ๐Ÿ“š
 
The Golden crypto protocol has raised $40 million, which will be used to create a Web3 encyclopedia. The project was sponsored by Solana co-founders Raj Gokal and Dropbox Arash Firdousi, Figma CEO Dylan Field, FalconX cryptoplatform, etc.
 
In 2023, the Golden team plans to launch a decentralized database containing information about every object in the real world. About 35 thousand people are already working on its creation. The goal is to form a public database of canonical data without the formation of duplicates.
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๐ŸŒ RSquad is a blockchain lab that has implemented more than 75 projects in such networks as Bitcoin, Ethereum, Solana, TON, etc. 

๐Ÿ‘‰ Follow our official media to stay up to date with current developments:
Facebook
Instagram
Linkedin
Medium
VK
Twitter

#RSquad #RSquadteam #blockchainlab #blockchainlaboratory #blockchainexperts #itdevelopers #blockchaintrends #techsolutions #news #newsblockchain
โ€‹โ€‹๐Ÿ“ฏ RSquad: news from the world of blockchain ๐Ÿ“ฏ

The network started talking about the appearance of a crypto wallet on Twitter, South Korea announced the blockchain identification of citizens, and TON offered developers to steal $ 45,000 from him. We tell you more in the news collection from Squad.๐Ÿ‘‡

๐Ÿ’ฐ Twitter Wallet ๐Ÿ’ฐ

On October 25, information appeared in the media that Twitter is developing its own crypto wallet.
 
The authors of the news refer to the tweet of technical blogger and developer Jane Man Chun Wong. "Twitter is working on a "prototype wallet" that supports the input and output of cryptocurrencies," she wrote.

๐Ÿง Experts believe that Wong's statement has grounds. Twitter already allows you to make cryptocurrency donations in Ethereum and Bitcoins, as well as add NFT to your profile photo. The appearance of the functionality of external and internal transfers in the network wallet will at least enable Twitter to launch an NFT marketplace, receiving an additional source of income.

๐Ÿ’Ž Reward for hacking ๐Ÿ’Ž

An unusual competition was held on October 23 for the TON Hack Challenge developers. Its organizers proposed hacking 8 smart contracts to steal assets. It was about 30,000 Toncoin, which is equivalent to $45,000.

According to the terms, each contract contained a vulnerability, finding which โ€œhackersโ€ could โ€œstealโ€ tokens. The withdrawn funds will remain as a prize for them.

โ€ผ๏ธ Note that the Squad team worked on projects from the TON network roadmap, which significantly expanded the cross-chain capabilities of the platform.

๐Ÿ’ผ Blockchain-identification of citizens ๐Ÿ’ผ

South Korea plans to identify the country's population using blockchain technology in 2024. For two years, it means processing the data of 45 million people. This approach will simplify a number of government procedures: from registration of benefits to participation in voting.

According to the announced plans, identifiers will be installed in smartphones. The accounting system itself will be completely based on decentralized technology.
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๐ŸŒ RSquad is a blockchain lab that has implemented more than 75 projects in such networks as Bitcoin, Ethereum, Solana, TON, etc. 

๐Ÿ‘‰ Follow our official media to keep up to date with current developments:
Facebook 
Instagram
Linkedin
Medium 
VK
Twitter

#RSquad #RSquadteam #blockchainlab #blockchainlaboratory #blockchainexperts #itdevelopers #blockchaintrends #techsolutions #newsblockchain
โ€‹โ€‹๐ŸถA SUCCESSFUL CASE from RSquad: Blockchain to Help Quadrupeds
 
RSquad never fails to prove how successfully blockchain solutions integrate into our lives. Todayโ€™s Successful Case features the first charity project that combines blockchain technology and the real world to help homeless animals.๐Ÿ‘‡
 
๐Ÿ“Outline of the task๐Ÿ“

Creating a platform that not only informs about shelters and attracts donations, but also acts as a game world where each virtual pet matches an existing pet.
 
The project also included:
โ €๐Ÿ”ป creating NFT collections of pets and the items needed to take care of them;
โ €๐Ÿ”ป release of a game token.
 
โš™๏ธRSquad solutionsโš™๏ธ

Based on the concept developed by RSquad, an application was created with a system that provides the following opportunities for potential benefactors:โฌ‡๏ธ
 
โ €๐Ÿ”น viewing a list of shelters in need of assistance;
โ €๐Ÿ”น transferring donations in cryptocurrencies;
โ €๐Ÿ”น receiving gift NFTs.
 
The 3๏ธโƒฃ development of RSquad has remarkable features:
 
โ €โžก๏ธ The data on shelters is posted by an administrator only after verifying supporting information.
 
โ €โžก๏ธ Gift NFTs are compatible with OpenSea or other NFT marketplaces.
 
โ €โžก๏ธ When selecting the underlying blockchain network, the size of the fees is taken into account so that they do not exceed the volume of donations.
 
 ๐Ÿ’ŽThe result๐Ÿ’Ž
 
The project implemented by RSquad not only takes the topic of helping quadrupeds to a new level, but also fulfills the following functions:
 
โ €โœ… makes it easier to fund shelters;
โ €โœ… reaches out to benefactors on an unprecedented scale (no matter in what part of the world the sender and the recipient of the donation are located);
โ €โœ… makes it possible to track the story of each pet.
  
๐Ÿ’ฏ And most importantly: the involvement in the life of quadrupeds, which the platform provides, will certainly act as an additional incentive to adopt them.
__________________

๐ŸŒ RSquad is a blockchain laboratory that has implemented more than 75 projects in such networks as Bitcoin, Ethereum, Solana, TON, etc. Geography of partnerships โ€” 14 countries

Follow our official media to stay up-to-date with current developments: Facebook, Instagram, Linkedin, Telegram, VK, Twitter

#RSquad #RSquadteam #blockchainlab #blockchainlaboratory #blockchainexperts #itdevelopers #blockchaintrends #techsolutions #newsblockchain
โ€‹โ€‹โ“Who Needs Blockchain Solutionsโ“

๐Ÿ“ Holding elections, organizing fundraisers for startups, exchanging cryptocurrencies, attracting charitable donations โ€” these are just some of the tasks that the developments of the RSquad team accomplish.

Letโ€™s try to figure out in which cases blockchain technologies will help to improve the functionality of any company.๐Ÿ‘‡

๐Ÿš€Technology of the future๐Ÿš€
โ €
Decentralization, transparency and security are the key criteria that guaranteed the popularity of blockchain technologies. According to experts, their market will grow many times over the next three years and will amount to $40 billion.

Key areas whose future is associated with blockchain developments:
โ €๐Ÿ”น finance;
โ €๐Ÿ”น marketing;
โ €๐Ÿ”น logistics;
โ €๐Ÿ”น document management.

โœ…5 criteria measuring demandโœ…

Blockchain technologies are a successful solution for optimizing a companyโ€™s business processes, especially in the following cases:โฌ‡๏ธ

1๏ธโƒฃ When shared databases are provided for.

2๏ธโƒฃ No need to edit or delete information (the blockchain allows just to add new blocks).

3๏ธโƒฃ Trust between the parties is important (smart contracts are the guarantor of clear execution of transaction terms).

4๏ธโƒฃ Intermediaries (banks, government agencies, etc.) must be excluded.

5๏ธโƒฃ Transparency of processes and speed of execution are valued (blockchain technology enables fast transactions and tracking their history).

๐Ÿ’ก If the above criteria fit your business concept, it is worth thinking about implementing blockchain technology. The RSquad team can help with this.

โš™๏ธ What RSquad offersโš™๏ธ

โžก๏ธ RSquad has 7 years of experience in building custom blockchain technologies. The lab develops turnkey solutions for its clients  that can be easily integrated into any system:

โ €โ–ซ๏ธ IDO platforms
โ €โ–ซ๏ธ DeFi (wallets, tokens, exchange, staking and farming platforms);
โ €โ–ซ๏ธ NFT systems (from GameFi to art and real estate);
โ €โ–ซ๏ธ Network interaction protocols (Bridges, Relayers, Atomic Swaps, etc.);
โ €โ–ซ๏ธ DAO automation systems;
โ €โ–ซ๏ธ Smart contracts;
โ €โ–ซ๏ธ DApps;
โ €โ–ซ๏ธ DEX.
__________________

๐ŸŒ RSquad is a blockchain lab that has implemented more than 75 projects in such networks as Bitcoin, Ethereum, Solana, etc.

๐Ÿ‘‰ Follow our official media to stay up-to-date with current developments: Facebook, Instagram, Linkedin, VK ,Twitter.

#RSquad #RSquadteam #blockchainlab #blockchainlaboratory #blockchainexperts #itdevelopers #blockchaintrends #blockchainsolutions #techsolutions #newsblockchain
โ€‹โ€‹๐ŸŽ™ RSquad: News from the World of Blockchain ๐ŸŽ™

Banking transactions worth $200 billion, court decisions recorded in blocks, and a country that moves towards a metaverse โ€” RSquad has prepared a selection of news from the world of blockchain..

๐ŸŒWeb3 nation๐ŸŒ

The state of Tuvalu, located on an island in the Pacific Ocean, plans to use Web3 developments to preserve its culture.This announcement was made by its Foreign Minister at the recent SOR27 climate summit.

๐ŸŒŠThis has to do with the fact that due to climate instability, the sea is gradually flooding the territory of the island. According to certain calculations, by the end of the century, Tuvalu will have completely disappeared under water.

In order not to lose their culture together with the territory, the inhabitants of Tuvalu decided to become the first digitized nation by recreating their state in the metaverse.

๐ŸŒ‡It is worth noting that such innovative megacities as Seoul are already working on creating their digital counterparts. And many countries are actively developing the direction of providing services in the metaverse.

๐Ÿ’ตNew technologies for banks๐Ÿ’ต

๐ŸงฎIn less than a year, banking giants HSBC and Wells Fargo, processed transactions worth over $200 billion thanks to the CORE blockchain technology.

๐Ÿ’ฑSince the end of December 2021, institutions have started to carry out transactions using a distributed registry using 4 currencies: the British pound, the US dollar, the euro and the Canadian dollar. It is expected that the yuan will join the list in the near future.

According to media reports, the SWIFT interbank system is also aimed at digitalizing transactions, which has already successfully conducted transactions using the Quorum and Corda blockchain systems.

โš–๏ธBlockchain-based courtโš–๏ธ

The United Arab Emirates has introduced a new accounting system based on blockchain technologies into arbitration proceedings. This made the decisions which are taken available for enforcement in any corner of the planet.

ADGM Courts, the developer of the technology, assures that the new approach helps to save time and money in the enforcement of decisions on commercial disputes, as they will be available to the parties concerned already at the time of issuance.

๐Ÿ’ฏ Blockchain technology based on the principle of immutability guarantees the authenticity of solutions, eliminating the need to obtain certified copies.
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๐ŸŒ RSquad is a blockchain lab that has implemented more than 75 projects in such networks as Bitcoin, Ethereum, Solana, TON, etc. 

๐Ÿ‘‰ Follow our official media to keep up to date with current developments:
Facebook
Instagram
Linkedin
Medium 
VK
Twitter

#RSquad #RSquadteam #blockchainlab #blockchainlaboratory #blockchainexperts #itdevelopers #blockchaintrends #techsolutions #newsblockchain
โ€‹โ€‹๐Ÿ›  How to ะกhoose a Blockchain Developer?

The success of a project depends as much on the relevance of the idea as on the excellence of its implementation. RSquad is eager to tell you how to choose a blockchain developer who will translate your plans into reality.๐Ÿ‘‡
 
๐Ÿ“ˆDetermining the course๐Ÿ“ˆ
 
First of all, determine the concept of the project. You must be clear about the answers to at least three questions:
 
โ €1๏ธโƒฃ What problems need to be solved?
โ €2๏ธโƒฃ What functionality is implied?
โ €3๏ธโƒฃ What final result is expected?
 
Outsourcing โš–๏ธ full-time employee
 
There are two implementation options: replenish your own staff with new employees or outsource the task to a specialized company. The latter looks more rational.
 
โž– It is difficult for a non-expert to assess the level of competence of a developer. Because of this there is a high probability of work being poorly performed.
โœ… At a company, developers undergo a strict professional selection process. It is important for the employer that their experience is sufficient to implement projects of different complexity. For example, RSquad has employees who have been creating complex systems for 18 years, perfecting user interfaces for 11 years, etc. 

โž– Not every development can be handled by a single specialist: it is more likely that additional help will be required.
โœ… The company implements turnkey projects thanks to its well-coordinated team.
 
๐Ÿ”Ž Evaluation of contractors๐Ÿ”

When the list of applicants is formed, you should compare them taking into account the following criteria:โฌ‡๏ธ
 
โ €๐Ÿ”ป Portfolio: see if there similar projects to yours have been realized, how reputable the clients were.
 
โ €๐Ÿ”ป Team functionality: consider whether the services of the contractor can meet all your needs. 
 
โ €๐Ÿ”ป Feedback: study the clientsโ€™ opinions about working with the developer. You can find information of this kind  on the website of the company  or its customers.

โ €๐Ÿ”ป Social networks and blog: these channels are developed by companies with high expertise to share successful cases and educational content.

๐Ÿ’ŽSuccessful solution๐Ÿ’Ž
 
๐Ÿ” RSquad is a blockchain lab that has implemented more than 75 projects, in such networks as Bitcoin, Ethereum, Solana, TON, etc. Its team consists of developers, experts in project management, architecture, analytics, testing, marketing, design, etc.

๐Ÿ‘‰ Follow our official media to stay up to date with current developments: Facebook, Instagram, Linkedin, Telegram, VK, Twitter 

#RSquad #RSquadteam #blockchainlab #blockchainlaboratory #blockchainexperts #itdevelopers #blockchaintrends #blockchainsolutions #techsolutions #newsblockchain
โ€‹โ€‹๐Ÿ“ฃ Strategic partnership RSquad and Tegro
โ €
๐Ÿค The development teams have agreed on a strategic partnership, which includes joint participation in the development of the TON blockchain and creation of new useful products. So, letโ€™s wait for the news profile to provide us with the first results of cooperation which promise to be interesting, given the potential of both teams.๐Ÿ‘‡

๐Ÿ’ผ Tegro experience ๐Ÿ’ผ

The Tegro team embarked on the development of tools for the TON blockchain in 2021. Its portfolio already includes the following projects implemented in the abovementioned network:
โ €โ–ซ๏ธ Tegro Money payment system - supports payments in fiat and cryptocurrencies.

โ €โ–ซ๏ธ An NFT Marketplace on TON - payment is made with the teamโ€™s $TGR token.
 
โ €โ–ซ๏ธ Tegro Wallet - a wallet with high transaction speed and reliable asset storage.

โ €โ–ซ๏ธTegro Finance Exchange - a fast DEX with a minimum transaction fee of 0.4%.

The aforementioned Tegro products have 2๏ธโƒฃ distinctive features:

โ–ซ๏ธ these are exclusively decentralized services,
โ–ซ๏ธ mandatory integration with Telegram, which allows multiple users of the app to access Tegro developments.

๐Ÿ’ผ RSquad experience ๐Ÿ’ผ

๐Ÿ’ก RSquad has been developing blockchain solutions of any level of complexity for 7 years. The lab has more than 75 successful projects for customers from 14 countries, which have been implemented in Bitcoin, Ethereum, Solana and other networks.

๐Ÿ‘จโ€๐Ÿ’ป RSquad also has experience with the TON blockchain. The team worked on two projects to expand the cross chain features of the platform, working on:

โ €โ–ซ๏ธ the modification of the classic TON Bridge,
โ €โ–ซ๏ธ the development of the TON Trustless Bridge, a bridge with no intermediaries.

๐Ÿ’Ž The crossing point ๐Ÿ’Ž

โžก๏ธ TON is an ultra-fast blockchain that provides extensive opportunities for users, developers and companies. It was created in 2017 by Telegram founders Pavel and Nikolai Durov.

Currently, the platform is actively developing a community of experienced developers, bringing together the best programmers in the world, including multiple winners of Telegramโ€™s blockchain development contests.

๐ŸŒ RSquad Offiicial Media: Facebook | Instagram | Linkedin | Telegram | VK | Twitter

๐ŸŒ Tegro Offiicial Media: Website | Telegram | Twitter | Medium

#RSquad #RSquadteam #blockchainlab #blockchainlaboratory #blockchainexperts #itdevelopers #blockchaintrends #blockchainsolutions #techsolutions #newsblockchain #TON #TONblockchain #TONBridge #Tegro #TegroFinance #TegroWallet #partners
โ €
โ€‹โ€‹๐Ÿ“ฃ RSquad Has Concluded a Technological Partnership with Devium

RSquad has partnered with a comprehensive Web3-based software development platform. As part of the agreements reached with Devium, the blockchain lab has been included into the list of companies that have gained early access to the Testnet project.๐Ÿ‘‡
 
๐Ÿ’ซ Dream, code, own, monetize!
 
This is the philosophy of Devium, a comprehensive decentralized platform offering innovative open-source and commercial code licensing technology using NFT and Blockchain technologies.
 
Microsoft praized the project, presenting it with a Startup Grant.
 
โœ… Key advantages of Devium
 
โ €โ–ซ๏ธ Supports Web2 and provides a fast transition to Web3.
  โ–ซ๏ธ Combines the resources required for quality development on one platform.
โ €โ–ซ๏ธProvides the ability to monetize licensed code on the projectโ€™s marketplace.
โ €โ–ซ๏ธ Guarantees accessibility, enhanced security and no censorship.
 
๐Ÿค Collaboration potential
 
For RSquad, which develops blockchain solutions for various projects, a technological partnership with Devium opens up additional opportunities:
 
๐Ÿ”น gaining early access to the Testnet of the Devium project
๐Ÿ”น collaboration within the infrastructure   
๐Ÿ”น the ability to integrate the service when working on new projects

๐Ÿ” RSquad will take the potential of Devium into account and use it to the benefit of projects that are being implemented.

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๐ŸŒ RSquad is a blockchain laboratory that has implemented more than 75 projects in such networks as Bitcoin, Ethereum, Solana, TON, etc. Geography of partnerships - 14 countries

The RSquad team consists of professional developers, experts in project management, architecture, analytics, testing, marketing, design, etc.

โžก๏ธ RSquad official media: Facebook, Instagram, Linkedin, Telegram, VK, Twitter

โžก๏ธ Devium official media: Website | Telegram | Twitter | Discord

#RSquad #RSquadteam #blockchainlab #blockchainlaboratory #blockchainexperts #itdevelopers #blockchaintrends #blockchainsolutions #techsolutions #newsblockchain #Devium #partners