Skip to content Skip to main navigation Skip to footer

Blog

Decentraland and Earthlings land blockchain PC GAME MMORPGs

‘Decentraland’ and ‘Earthlings land’! What are the differences between these two outstanding blockchain MMORPGs?The Best PC game of the century!

Blockchain MMORPG Game Comparison : Decentraland and Earthlings land

In this article, we will compare the popular blockchain MMORPG Decentraland and Earthlings Land, which is built using the Hedera Hashgraph technology, (hereafter referred to as Earthlings) and take a closer look at their features. These games were developed using amazing web3 technology and provide players with a unique gaming experience.

Decentraland-mmorpg-blockchain
Decentraland-mmorpg-blockchain
Earthlings land Impression Villages Land Plots
Earthlings land Impression Villages Land Plots

FeaturesDecentralandEarthlings Land
DeveloperDecentraland FoundationThe Earthlings team.
PlatformPC (Windows OS,MAC)PC support planned (under development)
iOS and android games possible (beta version)
Game GenreMMORPG (mainly user-generated content), Metaverse,simulations, space adventures, medieval dungeon mazesMMORPG, Metaverse
Action adventure RPG,
City management, Town management, Village management, Hunting, Real business, Other all-genre metaverse, etc.
Blockchain
(network)
EthereumHedera Hashgraph
In-game tokenMANASTEAM, WATER
Maximum amount issued2,193,179,3271,000,000,000 (STEAM)
unlimited supply (WATER)
In-game economyPlayer-driven marketPlayer-driven market
Personal metaverseLAND(estate)Plot(City,Town,village,land,cabin,etc.)
ConceptPlay to earnPlay and earn
Graphics3D polygon styleBeautiful real-time graphics and gorgeous effects
SoundUsers can incorporate their own music and sound effects into LAND, providing a diverse range of audio experiences.Gorgeous orchestral sound (PV) that suits the field and scene
GameplayPvE and PvPPvE and PvP
CommunityForums, Discord, X, Youtube.etcDiscord, X, Telegram, Kabila plazas, etc.
Development statusPlayablePC game: 2024 (in development)
Mobile game: available to play
Initial costFree (NFT purchases make it more fun and exciting)Free (NFT purchases make it more fun and exciting)
The wonderful features of ‘Decentraland’ and ‘Earthlings Land’

Features of Decentraland and Earthlings Land

Features of Decentraland

Decentraland is a metaverse platform with a unique concept and features that are not found in other blockchain games.

1. User-led decentralised autonomous organisation (DAO) management

Decentraland is managed by a decentralised autonomous organisation (DAO) in which users themselves can participate in platform management and decision-making, without the presence of a centralised administrator. This creates a system in which users’ opinions and suggestions are directly reflected.

2. User-generated content (UGC)

Decentraland has a rich creator function that allows users to create and sell their own content and items. Even those without game development experience can easily create content using the dedicated editor and software development kit (SDK).

3. Ownership and trading of limited virtual land (LAND)

There is a limited number of pieces of land (LAND) in Decentraland, which users can own and trade. These LAND are managed on the blockchain as NFT (non-fungible tokens), and users can freely build content on their LAND.

4. Integration with advertising and brands

Real-world companies and brands are also making use of LAND for business purposes, such as purchasing LAND to build advertising and showrooms.

Interactive advertising
→Ex. A system where users can earn digital rewards by visiting specific areas.

Virtual fashion shows and Live event
→Ex. COACH and Dolce & Gabbana held shows in the metaverse. Metaverse Fashion Week 2023 (MVFW23)

Digital twin items
→Ex. NFT items linked to real-world products are offered, allowing users to enjoy the same products in both the virtual world and the real world.A sneaker brand sells virtual sneakers.

Conferences and seminars
→Ex. Business meetings and educational sessions can be held in the metaverse, allowing participants to transcend physical limitations.

Use as a place for education and learning
→Ex. It is also used as a space where educational institutions and learners can gather to hold seminars and workshops.

Because of these features, Decentraland is attracting attention as a unique metaverse platform where users can create and manage virtual worlds, and engage in economic activity and communication.

Decentraland is a unique metaverse platform that combines decentralised governance, user-generated content, and complete asset ownership through NFTs. Its greatest feature is that it is specialised as a place for ‘creation’, ‘economic activity’, and ‘self-expression’, rather than just ‘play’ as offered by other blockchain games.

Features of Earthlings

The most distinctive aspect of Earthlings Land is probably the personal metaverse areas such as Land. There are also several other plot types besides Land, each of which is packed with elements for you to play with and earn money from.

1. City Plot

  • Overview: A plot that forms part of an urban area, with a concentration of commercial activity and advanced infrastructure.
  • Features:
    • Fast transport options: Within the city, there is a tram (city bus) system in place, which players can use to quickly get to their destination.
    • Operating commercial facilities: Players can operate stores and service facilities to promote trade and interaction with other users.

2. Village Plot

  • Overview: Enjoy a peaceful life in a village area rich in nature, farming, running a pet shop, etc.
  • Features:
    • Farm Management: You can grow crops and raise livestock, and then sell your harvest at the market to make a profit.
    • Pet Shop Management: You can raise and sell a variety of pets, and enjoy interacting with and trading with other players.
    • Inn Management: You can provide accommodation services to visitors and earn in-game currency.

3. Town Plot

The Town Plot in Earthlings Land is an area that lies between the city and the village, and offers a variety of functions and convenience.

Health Charge (Restores Stamina)

  • Overview: A facility that restores stamina that has been depleted through exploration and combat in the game.

Inventory Function

  • Overview: A warehouse function that safely stores items that cannot be carried.
  • Function:
    • Large storage capacity: You can store a large number of items in an organised way.
    • Easy access: You can quickly retrieve items when you need them.

Jump function (moving to another plot)

  • Overview: You can instantly move from your town to another plot you own (land, village, etc.).
  • Functionality:
    • Saves time: It greatly reduces the time it takes to travel long distances.
    • Improves exploration efficiency: You can efficiently move between multiple areas.

Custom Shop

  • Overview: Players can set up their own shops to sell items and provide services.
  • Features:
    • Unique product lineup: Players can sell rare items.
    • Freedom to set prices: Players can set their own prices and maximise profits.

Town Hall

  • Overview: This serves as a place for community activities and events.

Bank

  • Overview: This is a facility where players can safely store and manage in-game currency and valuables.
  • Functionality:
    • Asset Protection: Reduces the risk of theft and loss.
    • Banking: Enables you to open player accounts and generate revenue.

Train Station (Railway)

  • Overview: A railway station is installed to connect the town and the outside world, and can be used as a means of transport. You can earn a portion of the railway fare as revenue.

Tech Shop

  • Overview: Stores selling the latest technology and gadgets are located here.
  • Functionality:
    • Equipment Enhancement: Enables you to enhance your character.

4. Cabin Plot

Air Cabin

  • Overview: This is a cabin that is thought to be set up in the ‘floating island’ area that floats in the air.
  • Features:
    • Jump function: Owning an Air Cabin allows you to teleport (jump) to the Floating Island area.
    • Limited access: The Floating Island is located in the sky, and since there are limited ways to get there, the jump function of the Air Cabin is a valuable means of transportation.
    • Base for exploration: You can use it as a base for exploration and activities in the Floating Island area.

Land Cabin

  • Requirement: Cabins located in various areas on land, and can be found in a variety of environments, such as forests and plains.
  • Features:
    • Base of exploration: Functions as a base for adventures in land areas.

Sea Cabin

  • Overview: Cabins located in maritime and seaside areas, and are suitable for marine exploration and water activities.
  • Features:
    • Marine Access: The Sea Cabin makes it easy to access and explore marine areas.
    • Exclusive Equipment Use: It is possible to store equipment and tools suitable for capturing marine life and collecting underwater resources.
    • Relaxation: It can also be used as a space to relax while enjoying the view of the sea.

5. Land Plot

A virtual land plot that players can own and manage, where they can engage in a variety of activities.

Using the Gamers Plot

  • Overview: The Land Plot has a function as a ‘Gamers Plot’.
  • How to use it:
    • Team formation: You can use it as a base for teaming up with other players and engaging in joint activities.
    • NFT Rental: You can earn revenue by renting out your NFT items to other players.

Health Charge (Restore Stamina)

  • Overview: You can install facilities that restore players’ stamina within your land plot.
  • How to use:
    • Rest Spot: This functions as a resting place to restore stamina that has been depleted through exploration and combat.

Inventory Function

  • Requirement: Land plots have an inventory function for storing and managing items.
  • How to use:
    • Item storage: You can safely store the items and resources you have collected.
    • Organising and tidying: You can organise your belongings and quickly retrieve them when you need them.

Jump function (moving to another plot)

  • Overview: You can instantly move from a land plot to another plot or area you own.
  • How to use:
    • Quick travel: You can travel to remote areas in a short time, making your activities more efficient.
    • Expanded search range: You can travel between various areas in a short time, expanding the range of your gameplay.

PLOT (city, town, village, cabin, land) can be used in a variety of ways according to the player’s creativity and strategy, and plays an important role as a base for activities in the game.

Players and development staff opinions

Decentraland

Along with Ethereum, Decentraland continued to grow, and by 2021 it had shown dramatic growth.

The festival in the metaverse has created a new sense of realism that transcends various restrictions.

It seems that this kind of change for the worse is also happening.

The metaverse industry also saw huge growth in 2024.

MANA came in second place!
Decentraland, which is leading the way in promoting the possibilities of the world of web3, the world of metaverse, and the world of games, will continue to promote development around the world and have a positive impact in the future!

Earthlings

I wanted this District too. I wonder who bought it?Only 12 out of 1000 is incredibly rare.

The beautiful streets of town are full of the smell of adventure!

This NFT is packed with features that let you enjoy the village, and it also has an ‘earn function’.

Plots such as city, town, village, cabin, and land will make the game even more fun and packed with content!

It starts in the European area, but I’m really looking forward to seeing the adventure spread to other areas!

FAQ

Decentraland

What is Decentraland?

Decentraland is a virtual space (metaverse) platform based on blockchain technology. Users can buy, develop and trade land (LAND), and enjoy events and games within the virtual space. The economy on the platform is managed by the Ethereum blockchain.

How does Decentraland work?

Decentraland uses the Ethereum blockchain to tokenise ownership of land and items. The two main tokens are:

  • MANA: a virtual currency used for transactions within Decentraland.
  • LAND: a non-fungible token (NFT) representing land within the virtual space.

How do I buy land (LAND)?

  1. Buy MANA on a cryptocurrency exchange.
  2. Go to the Decentraland marketplace (official website).
  3. Choose the LAND you want to buy and pay with MANA.

What do I need to play Decentraland?

  • Web browser (Google Chrome recommended)
  • Ethereum-compatible wallet
  • Decentraland account (created by connecting a wallet)

You can explore Decentraland without a wallet, but you will need a wallet to buy land and use tokens.

Is programming required to develop land in Decentraland?

Even if you don’t have programming skills, you can easily customise land using the Builder tool. However, if you want to do advanced customisation, you will need to program using the Decentraland SDK (development kit).

Earthlings

FAQ about the plot

Q: What is the Paris City plot?

A: Paris City is the main urban area in Earthlings Land, and is made up of eight districts and one underground space. Each district has its own unique characteristics, and players can explore these areas and experience a variety of things.

Q: How do I get plots in Paris City?

A: You can buy plots in Paris City in the Marketplace.

Q: What are the characteristics of each district in the city?

A: For example, the Sheng district is a modern, organised area with a hospital and hotels at its centre. The Wagner district is a financial centre with a main bank and business towers.

Q: There are two types of Town plot: Water Town and Town. What is the difference between them?

A: Town plots are full of features that are great for playing and earning, but Water Town has features that are unique to it. These are features that support activities on the water. The field for exploring Earthlings Land includes both land and sea, and it is also possible to explore underwater. When exploring underwater, Water Town allows you to continue exploring the seabed more deeply and for longer, with more power.

Q: There are plots called ‘Cabins’. Can I find out where each one is located?

A: At the moment, it seems that there has been no official announcement about where they will be located. This is probably because the location information for the air cabins in particular is directly linked to the development status, so the timing of the release is being coordinated.

Q: I’m looking forward to the Village plot, but could you tell me more about the functions listed in the fact sheet? Like the pet shop and farm.

A: At the moment, there doesn’t seem to be any further information from the official site about functions like the inn, farm, or pet shop. As development is progressing with the aim of a 2025 release, let’s wait for further information. As the functions of each plot are diverse, the game’s system balance adjustments are probably also progressing.

The latest trends in 2024 for Decentraland and Earthlings land

Latest trends in Decentraland in 2024~2025

Decentraland is working on the following initiatives between 2024 and 2025 to improve user experience and evolve the platform.

1. Decentraland 2.0 beta release:

The beta version of Decentraland 2.0 was released on 22 October 2024. This major update improves the user experience with social features, avatars and environmental improvements.

2. Community Summit 2024:

The Decentraland Community Summit 2024 was held in Argentina from 22nd to 24th May 2024, with presentations on the platform’s future plans and technical advances.

3. Decentraland on the Epic Games Store

Scheduled for release soon as of 30th December 2024!

Outlook for 2025:Decentraland

4. Revitalising the internal economy:

Decentraland is positioning 2025 as a year of transformation, with the aim of revitalising the internal economy. This will involve promoting creativity and social interaction between creators, developers and users, and plans to increase the vitality of the platform as a whole.

We are already working on a 2025 roadmap that includes initiatives like:

• Social Features: Friends, communities, spaces, meetings, tournaments.

• New UGC Economies: Pets, vehicles, social emotes.

• Creator Tools: Remote scene control, world interactions, particles, and physics.

• Accessibility: Smooth performance on low-end devices, multilanguage support, voice chat, and a delightful player experience.

5. Growth in the GameFi market:

In the fourth quarter of 2024, the price of MANA, Decentraland’s native token, showed an upward trend, strengthening its presence in the GameFi market.

The latest trends in Earthlings in 2024

Earthlings Land is an NFT metaverse online game that is being developed on the Hedgelash Graph. Since November 2024, the following new developments have been seen.

1. Minting of Paris City NFTs :Earthlings

  • Sale for whitelist holders:
    • Date and time: 22:00 on 27 November 2024 for 48 hours
    • Price: 100 USD worth of STEAM tokens per token
  • Public sale:
    • Date and time: 22:00 on 29 November 2024 for 24 hours
    • Price: 200 USD worth of STEAM tokens per token
    • Notes: The remaining stock (minimum 33) from the whitelist sale is available

Owners of Paris City NFTs are expected to receive in-game benefits and access to future additional features.

Approximately 143 units were sold in this public sale, and despite the limit of one unit per account, the sale was completed in two seconds.

2. The components of the Paris City system are revealed :Earthlings

The City Plot in Earthlings Land is an important plot located in the city area of the game, and it provides players with a variety of functions and conveniences. The main features and functions of the City Plot are summarised below.

Main functions of the City Plot

・Discount on public transport: Owners of City Plots can use public transport (trains and trams) in the game at a 50% discount.

・Health recharge (regain stamina): There are facilities in the plot that allow players to regain their stamina, which is depleted through exploration and combat.

・Inventory function: There is an inventory function that allows players to store and manage items collected in the game, so that they can safely store items that they cannot carry.

・jump (move to another plot): A ‘jump’ function is available to instantly move from the city plot to other owned plots or areas, which is a very useful way to move around the vast game world.

・City Bank: There is a facility to safely manage and store in-game currency and valuables, which acts as a base for safely storing player assets and facilitating transactions and economic activity.

・Train Station (Railway): You can use the railway network that extends throughout Europe, and City Plot owners receive a 50% discount.

・Tram (City Bus): This is a public transport system that allows you to move around the city quickly, and owners receive a 50% discount on usage fees. City Plot owners also have the right to win tram revenue in a lottery.

・Custom Shop: A store where players can sell their own NFTs, with the profits from sales being returned to City Plot owners as royalties.

・Tech Shop: A store that sells ancient science and technology items, providing special items that can be equipped to players and sidekicks (companion animals).

・Pet Shop (specialised in animals): A shop that sells the various animals that appear in the game, where you can obtain companions to support you in your activities in the game, such as combat and farming.

・Gallery: A space for displaying art works and collections, where City Plot owners are given the right to purchase a gallery by lottery.

City Plot District Type

Paris City is made up of the following 8 districts and 1 underground space

Ruins: A dangerous area where plots do not exist, and exploration is risky.

Sheng District: A modern area with a concentration of hospitals, hotels and music centres.

Wagner District: The financial centre of New Paris, with main banks, business towers and commercial centres.

Thorne District: A green area in the countryside, with a zoo, the largest park and beautiful greenhouses.

City Centre: The centre of the city, with a wide range of facilities and commercial areas.

Underground (Underground Space): An area that spreads underground, and requires special means and caution to explore.

・Lac Vert District: An upmarket area, containing only 12 villa plots. You can visit a golf course, skateboard park, fishing pond, sports field and arena.

・Voss District: Many plots with artistic designs, and fashion stores can be found here. Information about quests can be obtained at the museum in the district.

Navarro District: An industrial area with many operational and abandoned industrial buildings and plots. The city’s power plant, the largest technology shop, and a factory for crafting are located here.

These features and plots make the City Plot an important area that provides players with a variety of activities and earning opportunities.

Summary and Conclusion

Decentraland is a metaverse platform that uses blockchain technology, while Earthlings uses Hedera Hashgraph to provide users with the ability to own and utilise land within the virtual space. Comparing the structure and characteristics of LAND, which could be said to be the most distinctive feature of both platforms, the following similarities and differences can be seen.

Similarities:

Ownership of LAND: On both platforms, users can own land in the virtual space, and ownership is managed on the blockchain. This allows users to have management authority and operate various activities on their own LAND.

Differences:

1. Structure and size of LAND:

Decentraland: LAND is made up of 16m x 16m plots called ‘Parcel’, and the whole area is divided into 92,598 parcels. It is also possible to combine adjacent parcels to form a large piece of land called an ‘Estate’.

Earthlings: The total number of Lands in Earthlings is 8,977, which is the total number for the entire European area. The map for future prospects has been released, showing that development is expected to spread further from the European area and progress across the entire globe. This includes the Asian and African regions.

Although there is no official announcement, if a mechanism for combining adjacent areas of Land is implemented like in Decentraland, it will be possible to operate on a large scale. In that case, having a lot of adjacent lands would be an advantage.

Apart from the lands, there are ‘Wastelands’ which players can freely develop, and it is said that they can be used for various purposes such as stalls, playgrounds, business bases, and guild bases, by making use of 3D modelling and design skills.

2. How to acquire LAND:

Decentraland: Users purchase LAND using their own virtual currency, MANA. LAND is recorded on the Ethereum chain as an NFT (non-fungible token) and can be bought and sold on the marketplace.

Earthlings: LAND can be purchased on sentx (marketplace). You can obtain Land built on the Hedera Hashgraph network by paying with Hedera tokens or STEAM tokens, and you can also list and sell your own LAND there.

3. Purpose of using LAND:

Decentraland: Users create a variety of content on LAND, including games, art works, and commercial facilities, and use it as a place for economic activity and entertainment, such as buying and selling on the NFT marketplace and holding events. Land is used as a place for creative activities, and creativity and community activities are promoted.

Earthlings : Players use LAND as a base for exploration and adventure on a future Earth. You can enjoy a variety of adventures, such as exploring forests, encountering wild animals, and exploring lakes.

In general, Decentraland is a platform that focuses on users creating and trading a variety of content on their own LAND, and Earthlings Land is a platform that provides a game experience centred around exploration and adventure on a future Earth. They each have their own unique approach and characteristics in terms of LAND structure and usage.

Please choose carefully which game is right for you, taking into account the type of blockchain, initial cost, in-game tokens and platform.

Thank you for reading to the end.

Please look forward to the next article!

If you want to know more, please see the link below.

decentraland
Welcome to Decentraland

Earthlings Land
Earthlings is changing the way of gaming.

Mir4 and Earthlings land blockchain PC-GAME MMORPGs

‘Mir4’ and ‘Earthlings’! What are the differences between these two great blockchain MMORPGs? The Best PC-Game Of The Next Generation!

Blockchain MMORPG Game Comparison : MIR4 and Earthlings

In this article, we will compare the popular blockchain MMORPG ‘MIR4’ and ‘Earthlings Land’ (hereafter referred to as ‘Earthlings’), which is built using the Hedera Hashgraph technology, and take a closer look at the features of each. These games were developed using amazing web3 technology and provide players with a unique gaming experience.

mir4-mmorpg-blockchain
mir4-mmorpg-blockchain
Earthlings land Scenery City Paris Upgrade
Earthlings land Scenery City Paris Upgrade
FeaturesMir4Earthlings Land
DeveloperWemade Co., Ltd.The Earthlings team.
PlatformPC (Windows OS), Android, iOSPC support planned (under development)
iOS and android games possible (beta version)
Game GenreMMORPG, fantasy action,MMORPG,action adventure RPG,city management, town management, shooting, racing, hunting, real business, and other all-genre metaverses, etc.
Blockchain
(network)
WemixHedera Hashgraph
In-game tokenDRACOSTEAM, WATER
Maximum amount issued1,000,000,0001,000,000,000 (STEAM)
unlimited supply (WATER)
In-game economyPlayer-driven marketPlayer-driven market
Personal metaverseNonePlot(City,Town,village,land,cabin,etc.)
ConceptPlay to earnPlay and earn
GameplayPvE and PvPPvE and PvP
GraphicsBeautiful graphics of Asian fantasyBeautiful real-time graphics and gorgeous effects
SoundPowerful soundtrack and sound effectsGorgeous orchestral sound (PV) that suits the field and scene
CommunityForums, Discord, X, YoutubeDiscord, X, Telegram, Kabila plazas, etc.
Development statusPlayablePC game: 2024 (in development)
Mobile game: available to play
Initial costFree (NFT purchases make it more fun and exciting)Free (NFT purchases make it more fun and exciting)
The wonderful features of ‘Mir4’ and ‘Earthlings Land’

Features of MIR4 and Earthlings Land

Features of MIR4

1. The world of Oriental fantasy:

MIR4 is set in a fantasy world with an Oriental motif, and has a unique atmosphere that sets it apart from other blockchain games. It is a fantasy MMORPG that incorporates traditional Korean elements, and players can enjoy thrilling battles as they progress through quests with a variety of characters. The game features a full range of guild and party functions, and players are encouraged to cooperate with other players. Using blockchain technology, it is possible to trade in-game items and resources.

2. Cross-platform support

MIR4 can be played on PC (Windows OS), iOS and Android platforms, allowing players to enjoy the game seamlessly across devices. This means that players can continue to enjoy the same gaming experience regardless of location or device.

3. Advanced character customisation

Players can customise their characters in great detail, including hairstyle, facial features, skin colour and makeup. This allows players to create their own original characters and enjoy unique gameplay.

4. Various elements of character development

There are a wide variety of ways to develop your character, and your choices will affect your character’s stats and combat style. This allows you to achieve different play styles even if you are playing the same job.

5. Guild system and large-scale battles

The game features a guild system that allows you to cooperate with users from all over the world, and you can participate in large-scale battles against other forces. This allows you to enjoy strategic play and community activities.

There is a wide variety of content that players can tackle together, such as large-scale raid battles and PvP battles, and there are also many events that encourage cooperative play, such as guild and clan tournaments.

Features of Earthlings

1. A world view that fuses fantasy, steampunk and vintage with the real Earth: A world of mechanical magic

Earthlings Land is a metaverse online game set on Earth hundreds of years in the future, and is being developed on the Hedgelash Graph network. The game features a fantasy world that incorporates elements of vintage and steampunk.

Details of the world view:

  • Earth in the future: Modern civilisation collapsed due to troubles between nations at the end of the 21st century. Since then, people have been building a new society, exploring the relics of the old world. Technology has been reconstructed in the steampunk style of the 1950s to 1970s, and life is lived in harmony with nature.
  • Vast fields centred around Europe: The game takes place across Europe. Players can explore a variety of areas, including forests, lakes and disused subway lines.
  • Diverse areas: Each area has its own ecosystem and geographical features, and players can experience different adventures and challenges in each region.

Earthlings Land aims to provide a fun gaming experience for families, and does not include elements such as gunfights or zombies. As such, it can be enjoyed by players of a wide range of ages.

As such, Earthlings Land is being developed as a game with a unique world view that fuses vintage and steampunk, set on a futuristic Earth.

2. Advanced character customisation

In Earthlings Land, players can customise their own avatar in a variety of ways. They can change the appearance and equipment of their avatar as they like, allowing players to create their own unique character to suit their individual style and strategy.

Furthermore, Earthlings Land is set in a fantasy world that incorporates elements of vintage and steampunk, and fashion items that match this unique world view will also be developed. These items can be obtained through in-game exploration and quests, and will allow you to make your avatar’s appearance even more unique.

Players can also freely develop their own towns in the area called ‘wastelands’, and use their own design and art skills to create whatever they like within the game. This allows players to customise not only their avatar’s fashion and equipment, but also the environment itself within the game.

In this way, Earthlings Land offers a wide range of avatar customisation and fashion options, allowing players to create their own unique characters and worlds.

3. Various elements for growth

In Earthlings Land, players can develop their avatar and sidekick (partner) to create their own unique style of play.

Avatar development:

By selecting an avatar that suits your own style of exploration from among the multiple avatars available, you can enjoy the adventure that interests you. Furthermore, there are many combinations of avatars and sidekicks, so you can expand your strategy and evolve it into a style that is easy for you to enjoy.

Avatars are the characters that players control, and they can be trained in the following ways.

  • Selecting from a range of types: There are six types of avatars available, including Sky, Fynn, Pepper, Mr. Banks, Kaya, and John Doe. Each has its own strengths and weaknesses.
  • Leveling up: You can gain experience points by completing quests and defeating enemies, and use these to level up your avatar.
  • Using NFTs: There are many NFTs that can be used in adventures. Acquire NFTs that will give your avatar an advantage, as well as NFTs that are necessary for your explorations.

Raising Sidekicks:

Sidekicks are animal companions that support players’ adventures, and can be raised in the following ways.

  • Selecting a Type: There are seven types of sidekicks available, including the cunning fox, european mouflon, fast hare, king crab, mighty bear, red deer, and wild boar.
  • Training and Upgrading: Sidekicks grow stronger and smarter through training and upgrades.
  • Utilising Abilities: Each sidekick has its own unique abilities, for example, the cunning fox is good at capturing new sidekick animals.

These elements allow players to develop their avatar and sidekick to their liking, and enjoy the game’s adventures even more.

4. Battle Royale Game

In Earthlings Land, a battle royale-style minigame called ‘The Pollo 5000 Egg Shooter’ is being developed.

Battle Royale Game Features:

  • Gameplay: Players compete against each other using egg-firing shooters.
  • Sidekick: A rooster appears in the game as a player’s sidekick, and they can fight together.

This mini-game aims to provide a unique and fun battle royale experience while making use of the world of Earthlings Land.

Players and development staff opinions

MIR4

Media A

「Although South Korea banned P2E games, Korean company Netmarble’s “Second Country: Cross World” and WeMade’s “Mir 4” ranked first and second in the global P2E games last year. Korean companies will launch more P2E games to overseas markets this year.」

Fan B

「I just find it weird that none of the WEB 3 gaming KOLs are talking about MIR4 & Nightcrows by Wemix.

These games actually have decent gameplay, graphics and mechanics that even my eSports circle irl play and streams it religiously.

Do note that some of them don’t have prior WEB 3 background so it’s safe to assume that the games itself are enticing and attractive even to traditional gamers and not for the financial value that the game can offer.

You guys are only interested to promote rugs, no?」

Developer C

「🟢 Principais Atrações do Game:

▸Batalhas PvP em Massa: Dispute áreas e castelos em Castle Siege Conquests, onde clãs competem por recompensas exclusivas em eventos PvP intensos.

▸Economia Blockchain e NFTs: Itens do jogo podem ser mintados como NFTs e trocados por tokens DRACO, conectando suas conquistas virtuais a valor real.

▸Loot Livre e Classes: No MIR4, qualquer jogador pode pegar loot, o que traz uma dinâmica de rivalidade. Escolha entre classes como Warrior, Sorcerer e Taoist para evoluir e conquistar.」

mir4-mmorpg-blockchain-post-Milca0_-SereinScripts-WuBlockchain
mir4-mmorpg-blockchain-post-Milca0_-SereinScripts-WuBlockchain

Earthlings

Business Partner D

「@SentX_io is hosting the @earthlingsland

City Mint! The 27th November, an all $STEAM mint!

Hbarbarians assemble, I want to know what’s exciting you about this mint, about Earthlings as a project, tell me everything! Let’s make some noise and give the tags up a follow! 」

Developer E

「🚨 SOLD OUT! 🚨

Wow, that was lightning-fast! 🏃‍♂️💨 Every single Earthlings City Building plot has been claimed. Huge congratulations to all the new property owners!

This incredible success is all thanks to you, our amazing community, and a huge shoutout to the team at @SentX_io

for making this mint so smooth. Special thanks to @PattyAlexx

and Sam for their outstanding support throughout the process.

Missed this one? Take a look at the SentX secondary market to explore what’s available:」

Fan F

「**Amplify Your Wealth on Hedera – No Initial Investment Needed!** 🔥

🎮 **Game Your Way to Riches:** Plunge into @earthlingsland’s **STEAM RUNNER** – where every move you make earns you $STEAM. It’s not just gaming; it’s your gateway to passive income!

💸 **Maximize Your $STEAM with @BonzoFinance:** Take your $STEAM and supply it to earn a jaw-dropping 21% APY while you keep grinding in the game for more $STEAM. Plus, rack up points to bag some $BONZO – it’s double the fun and double the earnings!

It’s time to level up your wealth strategy on Hedera. Your financial game just got a massive boost. #HBAR #DeFiRevolution #NFTYield #GameFi #BonzoFinance」

Fan G

「Finally beat the Steamrunner forest!

@earthlingsland’s killing it」

Earthlings land hedera Hashgraph post-Cosmideus-PattyAlexx-thehbarbull
Earthlings land hedera Hashgraph post-Cosmideus-PattyAlexx-thehbarbull

FAQ

MIR4

How to link accounts: You can save and share game data by linking your Google or Apple account.

System Requirements: The system requirements for the mobile and PC versions are different, and you can check them on the official website.

Error messages when installing: If you get an error message such as ‘This device is not compatible with this version’, it is recommended that you check your storage capacity and upgrade your OS.

How to earn in-game currency: You can collect ‘Darksteel’ in the game and exchange it for the virtual currency ‘DRACO’ by fulfilling certain conditions.

Earthlings

Paris City

  • Q: What is Paris City?
    • A: Paris City is a major city area in Earthlings Land, consisting of eight districts and one underground space. Each district has its own unique characteristics, and players can explore these areas and experience a variety of things.
  • Q: How can I obtain plots in Paris City?
    • A: Plots in Parisity can be purchased at sales events for whitelist holders and public sales events. The sales schedule and prices will be announced on the official website and in the community.
  • Q: What are the characteristics of each district?
    • A: For example, the Shen district is a modern, organised area with a hospital and hotels at its centre. The Wagner district is a financial centre with a main bank and business towers. For more details, please check the official website and community.

Steam Runner

  • Q: What kind of game is Steam Runner?
    • A: Steam Runner is a single-player running game for smartphones based on the world of Earthlings Land. Players control an avatar and collect coins and items while avoiding obstacles and enemies on their way to the goal.
  • Q: What can I use the tokens I earn in Steam Runner for?
    • A: The Steam Tokens and Water Tokens you earn in the game can be used to purchase items and strengthen your character in Earthlings Land.
  • Q: Can Steam Runner data be linked to other games?
    • A: It is planned that the Steam Runner game data and items acquired will be transferred to the MMORPG version of Earthlings Land in the future. This will allow you to reflect your achievements in the mini-games in the main game, and progress through the game more advantageously.

The latest trends in 2024 for MIR4 and Earthlings land

MIR4

1. Introduction of the Boosting World Server

The Boosting World Server will be in operation for a limited time from 1st December 2024 to 18th February 2025.

Main features:

  • Rapid growth support: This special server is designed to promote faster growth than normal servers.
  • Exclusive Events: Events exclusive to the Boosting World Server will be held, and players will receive special benefits to help them grow.
  • Character Transfer after the End of the Period: After the server operation period ends, players will be provided with a service to transfer the characters they have nurtured to the server of their choice.

This will allow new and returning players to catch up with other players in a short period of time.

2. Implementation of a new talkomics system

A new talkomics system will be introduced to increase the value of the MIR4 ecosystem and reflect the time and effort players have spent on character development as actual value.

Addition of new growth items
  • Ancient Treasure and Special Magical Soul Orb
Introduction of new tokens
  • New tokens will be key materials required for the creation of ‘Ancient Treasure’ and ‘Special Magical Soul Orb’.
Season-based Operation
  • The new tokenomics will be operated on a seasonal basis.
Rebooting the Tokenomics

The following systems will be changed with the new tokenomics:

  1. HYDRA Staking Program (HSP):
  2. MIRAGE (Hidden Valley):
  3. EXD (Marketplace):
    • Ancient Treasures and Special Magic Orbs can be traded on EXD.

This new tokenomics aims to improve the player experience by balancing the growth and value of in-game assets. In particular, the introduction of a seasonal system will allow players to enjoy new strategic elements while ensuring the scarcity and value of tokens and items.

3. Various changes to the game service usage procedure

After 26 November 2024, in order to use the XDRACO function and related services in the game, it is necessary to transfer the Play Wallet information to the WEMIX PLAY app. In addition, it is recommended to convert NFTs that have not been converted to Mainnet NFTs in advance, as NFTs that have not been converted cannot be registered for sale on the new marketplace.

Earthlings

Earthlings Land is an NFT metaverse online game that is being developed on the Hedgehashgraph. Since November 2024, the following new developments have been announced.

1. City of Paris NFT mint schedule announced

The NFT mint schedule for City Paris, a key feature of Earthlings Land, has been announced.

  • Sale for whitelisted holders:
    • Date and time: 22:00 on 27 November 2024 for 48 hours
    • Price: 100 USD worth of STEAM tokens per token
  • Public sale:
    • Date and time: 22:00 on 29 November 2024 for 24 hours
    • Price: 200 USD worth of STEAM tokens per token
    • Notes: The remaining stock (minimum 33) from the whitelist sale is eligible.

Owners of the Paris City NFT are expected to receive in-game benefits and access to future additional features.

Approximately 143 units were sold in this public sale, and despite the limit of one unit per account, it sold out in 2 seconds.

2. Official release of the smartphone mini-game ‘Steam Runner

The single-player mini-game “Steam Runner”, based on the world of Earthlings Land, has been released.

  • Game details: A running game where you control an avatar and collect coins and items while avoiding and defeating obstacles and enemies. It has a design based on Pac-Man and is characterised by its intuitive operability. By aiming for a high score, you can earn in-game currency in the form of ‘Steam Tokens’ and ‘Water Tokens’.
  • Rewards: You can earn ‘Steam Tokens’ and ‘Water Tokens’ by progressing through the game. The tokens you earn can be used to purchase items in Earthlings Land. This allows players to strengthen their characters and equipment as they progress through the game.
  • Platforms: iOS and Android
  • Data Linkage: It is planned that the Steam Runner game data, items acquired and progress data will be transferred to the MMORPG version of Earthlings Land in the future. This will allow the achievements made in the mini-game to be reflected in the main game, allowing players to progress through the game more easily.

With these new developments, Earthlings Land continues to provide players with a diverse range of experiences and opportunities.

The latest top scores are astonishing, with some players achieving scores that take over 15 hours to complete. It takes exceptional skill to achieve such high scores without game over.

With these elements, Steamrunner deepens the world of Earthlings Land and provides players with a diverse range of ways to enjoy the game.

Summary and Conclusion

MIR4 is an online game that uses blockchain technology, while Earthling uses hashgraph. However, there are clear differences in the gameplay and target users.

MIR4:

  • Gameplay: A fantasy MMORPG from South Korea with the theme of ‘the story of dragons and people’.Players can enjoy a wide variety of content, such as PvE and PvP battles, quests, and guild activities, while raising their characters in a vast open world.
  • Blockchain elements: Players can trade resources and items earned in the game as NFTs, and the game has a Play to Earn system.
  • Target users: The main target audience is players who want to experience the deep gameplay of traditional MMORPGs and players who want to earn money through gaming.

Earthlings:

  • Gameplay: An NFT metaverse online game developed on the Hedera Hashgraph, where players can develop their own avatars and sidekicks and explore various areas. There is also a variety of content available, including activities in urban areas such as Paris City and the mini-game ‘Steam Runner’.
  • Blockchain elements: In-game land, items, and characters are treated as NFTs, which players can collect, trade, and utilise.
  • Target users: The game is aimed at users who are interested in metaverse and NFTs, and who want to create their own world view and characters, as well as players who value creative activities and community participation.

MIR4 is a game that combines traditional MMORPG gameplay with blockchain technology, and is suitable for users who want to enjoy adventures and cooperative play in an Asian fantasy world. Earthlings, on the other hand, is a game for users who are interested in creativity, community activities, and collecting and using NFTs in a metaverse environment.

Please choose carefully which game is right for you, taking into account the type of blockchain, initial cost, in-game tokens, and platform for each game, and give it a try.

Thank you for reading to the end.

Please look forward to the next article!

If you want to know more, please see the link below.

MIR4
mir4global

Earthlings Land
Earthlings is changing the way of gaming.

Blockchain distributed networks in real life 2024 Latest trends5 Government

Blockchain and distributed networks in real life! 2024 Latest trends5!!!!!Government!!!!!

Blockchain Applications: Government and Public Services

Transparency and efficiency in public services

Private

Case Studies and Details:

  • Voting System: Blockchain can be used to create a transparent and secure electronic voting system. This improves the transparency and reliability of elections.
  • Follow My Vote provides an electronic voting system using blockchain. This improves the transparency and reliability of voting.
  • User Stories: One citizen reported that using Follow My Vote to vote electronically made the voting process faster and safer. In particular, the transparency of the voting results was improved, and reliability was enhanced.

Business

Examples and Details:

  • Public Service Management: Government agencies can use blockchain to manage public services, improving transparency and efficiency.
  • The Estonia e-Residency programme uses blockchain to provide electronic residency, which improves the transparency and efficiency of public services.
  • Case Study: The Estonian government has introduced the e-Residency programme, which has simplified the procedures for foreigners doing business in Estonia and improved transparency. In particular, it has been praised for its ability to quickly set up a business.

Blockchain Applications: Financial Industry

Transparency and Efficiency in Transactions

Private

Case Studies and Details:

  • Remittances and Payments: Blockchain can be used to make remittances and payments quickly and at low cost. This reduces international remittance fees and increases transaction transparency.
  • Ripple provides a platform that uses blockchain to make international money transfers faster and cheaper, thereby improving the transparency and efficiency of money transfers.
  • User stories: One individual reported that they used Ripple to send money to their family overseas and were able to significantly reduce the fees. They particularly found it very convenient that the money transfer was completed in a matter of seconds.

Business

Case studies and details:

  • Financial Transaction Management: Financial institutions can use blockchain to improve the transparency and efficiency of transactions.
  • ConsenSys’s Quorum provides a platform for managing financial transactions using blockchain, which improves the transparency and efficiency of transactions.
  • Case Study: A bank has improved the transparency of financial transactions and reduced transaction costs by implementing Quorum. In particular, transaction speeds increased and customer satisfaction improved.

Blockchain Applications: Media Industry

Content Distribution and Copyright Management

Private

Case Studies and Details:

  • Digital Content Distribution: Blockchain can be used to distribute digital content and manage copyrights. This allows creators to earn legitimate revenue.
  • Steemit is a platform that uses blockchain to distribute content and share revenue, allowing creators to earn money directly.
  • Case Study: A blogger was able to post articles on Steemit and earn money based on reader ratings. The blogger reported that the fact that they were able to earn money without going through an intermediary was particularly appealing.

Business

Case Study and Details:

  • Copyright Management: Media companies can use blockchain to manage content copyright, improving transparency and efficiency.
  • Custos Media Technologies, based in South Africa, provides a solution that uses blockchain technology to detect and prevent digital media piracy. It embeds a bitcoin watermark in the content, making it traceable in the event of illegal sharing.
  • Case Study: A film production company was able to produce and distribute several high-profile projects without a single piracy report on their content by implementing Custos.

Summary

Blockchain technology has many applications in both private and business settings, and we can enjoy its convenience and safety in real life. By understanding and actually using these technologies, we can lead more efficient and safer lives.

Thank you for reading to the end!

This concludes our series of articles on blockchain applications in the industry.

There are many different types of blockchain, and in this article we have not focused on any particular one.

We will be discussing decentralised networks with great potential on a global scale in a separate article.

Please look forward to the next article!

Blockchain distributed networks in real life 2024 Latest trends4 Insurance

Blockchain and distributed networks in real life! 2024 Latest trends4!!!!Insurance!!!!

Blockchain Applications: Insurance Industry

Streamlining insurance contracts and claims processing

Private

Case Study and Details:

  • Insurance Contract Management: Using blockchain, insurance contracts can be managed digitally, speeding up claims processing.
  • Etherisc provides a platform for managing insurance contracts and claims processing using blockchain. This makes insurance management transparent and efficient.
  • User testimonial: One insurance policyholder reported that they were able to manage their insurance policy and process claims quickly using Etherisc. In particular, they found it useful that they were able to process travel insurance claims smoothly.

Business

Case study and details:

  • Insurance policy management: Insurance companies can use blockchain to drive digital transformation in the insurance industry and streamline risk management and insurance policy processes.
  • Insurwave is an intelligent risk management solution that connects policyholders, brokers and insurers on a single platform to help them integrate and visualise risk data, automate tasks and collaborate with insurance providers.
  • Case Study: A.P. Møller-Mærsk has implemented Insurwave to automate parts of their internal processes and market interactions. This allows them to refocus on being risk managers rather than policy administrators.

Blockchain in use: Healthcare industry

Tracking and managing pharmaceuticals

Private

Case study and details:

  • Medication safety verification: Using blockchain to track the entire process from production to consumption of medication prevents the distribution of counterfeit drugs.
  • MediLedger provides a platform that uses blockchain to manage the supply chain of medication, making it possible to track medication transparently and efficiently.
  • User Story: A patient reported that they were able to use the medicine they purchased using MediLedger with peace of mind, as they were able to check the manufacturer and distribution route of the medicine. This was particularly useful for confirming the safety of imported medicines from overseas.

Business

Case Study and Details:

  • Pharmaceutical Supply Chain Management: Pharmaceutical companies can use blockchain to manage the pharmaceutical supply chain, improving transparency and efficiency.
  • Chronicled provides a platform for managing the pharmaceutical supply chain using blockchain. This helps to prevent counterfeit drugs and improve supply chain transparency.
  • Case Study: A pharmaceutical company was able to streamline the tracking and management of its pharmaceutical products and prevent the distribution of counterfeit drugs by implementing Chronicled. In particular, it had a significant effect on regulatory compliance.

Blockchain Applications: Logistics Industry

Improving Logistics Efficiency and Transparency

Private

Case Study and Details:

  • Package Tracking: Using blockchain, you can track the delivery status of packages in real time. This improves delivery transparency and allows you to receive packages with peace of mind.
  • VeChain provides a platform for tracking and managing logistics using blockchain. This allows for transparent and efficient tracking of packages.
  • Case Study: A consumer was able to use VeChain to track the delivery status of an online purchase in real time, and receive it with peace of mind. This was particularly useful for international shipping.

Business

Case Study and Details:

  • Logistics Management: Logistics companies can use blockchain to manage the shipping process, improving transparency and efficiency.
  • CargoX is a Slovenian-based company that provides electronic document and business data transfer solutions using blockchain technology. It provides services to companies, government agencies and regulatory authorities, mainly in the fields of logistics, trade, trade finance, manufacturing, energy and services.
  • Case Study: A container shipping company has significantly improved the efficiency of its trade document processing by implementing CargoX, which enables the efficient, fast and secure creation, transfer and receipt of eBLs.

Blockchain Applications: Agriculture Industry

Traceability and Quality Control of Agricultural Products

Private

Case Study and Details:

  • Agricultural product tracking: Using blockchain, the entire process from production to consumption of agricultural products can be tracked to confirm quality and safety.
  • AgriDigital provides a platform for agricultural product traceability and quality control using blockchain. This enables transparent and efficient tracking of agricultural products.
  • User Story: A consumer reported that they were able to check the production process of the organic vegetables they purchased using AgriDigital, and were able to buy with peace of mind. This was particularly useful for purchasing directly from local farmers.

Business

Case Study and Details:

  • Agricultural Product Quality Control: Agricultural companies can use blockchain to improve the transparency and efficiency of their agricultural product quality control.
  • TE-FOOD provides a platform that uses blockchain to trace and manage the quality of agricultural products. This improves the quality and safety of agricultural products.
  • Application Experience: By introducing TE-FOOD, an agricultural company has improved the efficiency of its agricultural product quality management and gained the trust of consumers. In particular, it has been effective in guaranteeing quality when exporting.

Summary

Blockchain technology has many applications in both private and business settings, and we can enjoy its convenience and safety in real life. By understanding and actually using these technologies, we can lead more efficient and safer lives.

Thank you for reading to the end.

Please look forward to the next article!

Blockchain distributed networks in real life 2024 Latest trends3 Education

Blockchain and distributed networks in real life! 2024 Latest trends3!!!Education!!!

Blockchain Applications: Education Industry

Academic Credentials and Certification

Private

Case Studies and Details:

  • Digital Academic Credentials: Using blockchain, academic credentials and certifications can be verified digitally. This prevents forgery of certificates and increases reliability.
  • Blockcerts provides a platform that uses blockchain to issue academic certificates, allowing for quick and secure verification of academic records.
  • Case Study: One student reported that using Blockcerts to obtain a digital academic certificate made it easier to submit certificates when applying for jobs. In particular, the ability to quickly provide certificates when applying to companies overseas was useful.

Business

Case Study and Details:

  • Credential Verification Management: Educational institutions and companies can use blockchain to manage credential verification, improving reliability and efficiency.
  • Hyland Credentials provides a platform for managing credential verification using blockchain. This allows for quick and secure verification of credentials.
  • Case Study: An educational institution has gained the trust of students and businesses by streamlining the certification process through the introduction of Hyland Credentials. In particular, it has been effective in preventing the forgery of qualifications.

Blockchain in use: Energy industry

Energy trading efficiency

Private

Case study and details:

  • P2P energy trading: Using blockchain, energy can be traded directly between individuals. For example, you can sell excess solar power to your neighbours.
  • Power Ledger provides a platform for energy trading using blockchain. This makes energy trading transparent and efficient.
  • Case Study: One household was able to use Power Ledger to sell excess electricity to neighbours and earn an income. They reported that it helped them reduce energy waste and improve energy efficiency across the community.

Business

Case Study and Details:

  • Energy Management: Businesses can use blockchain to manage energy supply and consumption to improve efficiency.
  • WePower provides a platform for trading renewable energy on the blockchain, making energy trading faster and more transparent.
  • Case Study: An energy company has implemented WePower to streamline the trading of renewable energy, reducing costs and increasing transparency.

Blockchain in Use: Entertainment Industry

Copyright Management and Revenue Sharing

Private

Case Study and Details:

  • Digital Content Copyright Management: Using blockchain, digital content copyrights can be managed, allowing creators to earn legitimate revenue.
  • Revelator allows artists, labels, publishers, and IP rights holders to harness the power of blockchain through an easy-to-use web interface. It is possible to tokenise assets, collect on-chain royalties, access future royalties via DeFi protocols, and mint and sell collectibles.
  • Case Study: A musician was able to distribute his music and receive revenue directly using Revelator. He reported that the fact that he was able to earn revenue without going through an intermediary was particularly appealing.

Business

Case Study and Details:

  • Content Distribution and Revenue Sharing: Entertainment companies can use blockchain to manage content distribution and revenue sharing, improving transparency and efficiency.
  • FilmChain provides a platform that uses blockchain to manage film revenue distribution, allowing for faster and more transparent revenue distribution.
  • Case Study: A film production company was able to streamline the revenue distribution process and ensure that all parties involved received their revenue quickly by implementing FilmChain. In particular, revenue transparency was improved and reliability was enhanced.

Summary

Blockchain technology has many applications in both the private and business sectors, and we can enjoy its convenience and security in real life. By understanding and actually using these technologies, we can lead more efficient and secure lives.

Thank you for reading to the end.

Please look forward to the next article!

Blockchain distributed networks in real life 2024 Latest trends2 Healthcare

Blockchain and distributed networks in real life! 2024 Latest trends2!!Healthcare!!

Medical record management

Private use cases

Examples and details:

  • MedRec: Patient medical data is stored on the blockchain, allowing quick access when needed. This ensures consistency of information between medical institutions.
  • By digitising medical records and introducing blockchain technology, patients can manage their own medical data more securely and share it with medical institutions when needed. For example, Estonia’s e-Health system manages medical data nationwide using blockchain.
  • Case Study: A patient used MedRec to manage their own medical data, making it easier to receive treatment at multiple medical institutions. In particular, they reported that being able to quickly provide medical information in an emergency was extremely useful.

Business use cases

Examples and details:

  • Medical institution data management: Medical institutions can use blockchain to manage patient medical records, ensuring data consistency and security.
  • By facilitating data sharing between medical institutions, the accuracy of diagnoses can be improved, and patient treatment can be carried out quickly and effectively. For example, MediBloc provides a platform for managing and sharing medical data using blockchain.
  • User experience: Medical institutions that have introduced MediBloc have seen improvements in the efficiency of patient data management and the quality of medical care. In particular, data can now be transferred smoothly when patients are transferred to another hospital.

Streamlining real estate transactions

Private use case

Examples and details:

  • Smart contracts: Automating real estate sales contracts can simplify procedures and reduce costs. This makes it easier for individuals to carry out real estate transactions.
  • Smart contracts are executed automatically when the terms of the contract are met, which improves the transparency and reliability of transactions. For example, Propy provides a platform for conducting real estate transactions on the blockchain.
  • User experience: One individual reported that they used Propy to purchase real estate and that the contract process was quick and transparent. In particular, they found it very convenient to be able to check the progress of the contract in real time.

Business Use Cases

Examples and Details:

  • Real Estate Management: Companies can use blockchain to manage real estate ownership and transaction history, improving transparency and efficiency.
  • In the real estate industry, the adoption of blockchain technology can help speed up transactions, reduce costs, and prevent fraud. For example, Ubitquity provides a platform for managing real estate ownership using blockchain.
  • Case Study: A real estate company gained the trust of its customers by introducing Ubitquity, which improved the transparency of ownership and transactions. In particular, they reported that transactions became faster and costs were reduced.

Summary

Blockchain technology has many applications in both private and business settings, and we can enjoy its convenience and security in real life. By understanding and actually using these technologies, we can live more efficiently and safely.

If you are running a business or managing IT systems at work, you should be able to benefit from adopting blockchain technology that is suitable for your business, such as improved operational efficiency, cost reduction, and expanded sales channels!

In the US and Europe, there are initiatives to manage real estate on blockchains, and in the future, real estate transactions will become easier, but you have to be careful with them. This is because the fact that it is easy to obtain also means that it is easy to lose. Let’s continue to improve our knowledge!

Thank you for reading to the end.

Please look forward to the next article!

Blockchain distributed networks in real life 2024 Latest trends1

Blockchain and distributed networks in real life! 2024 Latest trends!

Managing digital identities

Private use cases

Examples and details:

  • Digital identities are important for using online services and managing social media accounts. For example, Microsoft’s Decentralized Identity project is an initiative that allows users to manage their own digital identities and securely share them when necessary.
  • Another example is Sovrin, which stores personal information on a blockchain to make online identity verification easier. This reduces the risk of reusing passwords and leaking personal information.
  • User story: One user used Sovrin to simplify the login process for multiple online services, freeing them from the stress of managing passwords. They reported that they were able to quickly and securely verify their identity on financial services and medical portals in particular.

Business use cases

Examples and details:

  • Enterprise ID management: By managing employees‘ digital identities on the blockchain, you can strengthen security and streamline access management.
  • Companies are increasingly adopting blockchain technology to securely manage their employees’ authentication information. For example, IBM’s Verify Credentials is a system that manages employees’ credentials on the blockchain to provide fast and secure authentication.
  • Case Study: One company found that, after implementing IBM Verify Credentials, the employee authentication process was sped up and security was improved. In particular, access management in remote working environments was greatly improved.

Improved supply chain transparency

Private use case

Examples and details:

  • Arianee, a French company, is a platform that provides digital certificates using blockchain for luxury brands. Individual jewellery designers and watchmakers also use this system to issue digital certificates for each product. This allows for transparent management of product ownership and history, and prevents the distribution of counterfeit products.
  • User testimonial: You can check on the blockchain that the product you have purchased is genuine (authenticity check), so you can buy with peace of mind. Through digital certificates, you can easily transfer and manage ownership of products, and you can also safely trade on the second-hand market. Users also appreciate being able to receive the latest information and special offers from brands through digital certificates.

Business Use Cases

Examples and details:

  • Food tracking: Consumers can use IBM Food Trust to check the origin and processing of the food they buy. This allows them to buy products with peace of mind.
  • As interest in food safety and quality increases, it is important to ensure food traceability using blockchain technology. For example, Walmart is using blockchain to manage its food supply chain and improve food safety.
  • Customer Story: A consumer reported that they were able to check the production process of the organic food they purchased using IBM Food Trust and feel more confident about their purchase. They said it was especially useful when choosing safe food for their children.

Using Decentralised Finance (DeFi)

Private Use Case

Examples and details:

  • DeFi allows users to access financial services without going through a bank, so it is expected to reduce fees and speed up transactions. For example, Compound is a platform that allows users to lend and borrow cryptocurrency and earn interest.
  • In addition, Aave allows users to lend and borrow cryptocurrency, making it possible to manage funds more flexibly. In addition, by using stablecoins like DAI, you can trade using digital currencies with stable prices.
  • User experience: One private investor was able to use Aave to lend out cryptocurrency and earn stable interest income. In particular, he was dissatisfied with the low interest rates offered by banks, so he was satisfied with the high yields offered by DeFi.

Business use cases

Examples and details:

  • Corporate fundraising: Companies can use DeFi platforms to raise funds. Smart contracts enable fast and transparent transactions.
  • DeFi provides startups and SMEs with a new way to raise funds without going through traditional financial institutions. For example, Synthetix provides a platform where companies can issue and trade derivatives.
  • Case Study: A startup company used Synthetix to quickly raise funds and successfully expand its business. Because it did not involve traditional financial institutions, the process was simplified and costs were reduced.

Summary

Blockchain technology has many applications in both the private and business sectors, and we can enjoy its convenience and security in real life. By understanding and actually using these technologies, we can live more efficiently and safely.

Thank you for reading to the end.

Please look forward to the next article!

Distributed computer Networks Blockchain Applications explorer in Latest Trends 2024

Distributed computer Networks and Blockchain Applications(explorer) in Latest Trends 2024

Applications of Distributed Networks

Distributed networks are systems in which each node (computer or device) communicates directly with each other and shares data and resources, without relying on a central server. This structure improves fault tolerance and transparency, and is being applied in a variety of fields.
Below are some specific examples.

File Sharing

BitTorrent is a file sharing protocol that uses a distributed network. It divides files into small parts and shares them between multiple users, allowing files to be distributed efficiently and quickly.

Main features:

  • Distributed file sharing: By sharing files directly between users without relying on a central server, efficient data transfer is achieved.
  • High-speed downloads: By dividing files into multiple parts and downloading them simultaneously from multiple users, speed is improved.
  • Efficient use of bandwidth: Users who are downloading can also upload to other users, so the bandwidth of the entire network can be used effectively.

Cloud storage

  • IPFS (InterPlanetary File System) is a decentralised file system that stores data on multiple nodes. This improves data fault tolerance and access speed.

Specific examples of cloud storage

  • Filecoin: Filecoin is a decentralised storage network based on IPFS. Users can earn rewards by providing excess storage, and data is stored and retrieved in a decentralised manner.
  • Storj: Storj is a decentralised cloud storage platform that encrypts and stores data in a decentralised manner. This enhances data privacy and security.

Decentralised Applications (dApps)

Applications that use decentralised networks operate without relying on a central server. For example, Uniswap is a decentralised exchange (DEX) that allows users to exchange cryptocurrencies without going through a central administrator.

Main features of dApps:

  • No central administrator: Unlike traditional applications, which are managed and operated by companies and organisations, dApps operate on blockchains and do not have a specific administrator.
  • Open source: The source code for many dApps is publicly available, so anyone can check and improve it.
  • Token utilisation: They have their own cryptocurrency (tokens), which users can use to receive services or earn rewards.
  • Smart contract utilisation: This is a system that automatically executes contracts when conditions are met, enabling highly reliable transactions.

Applications of Blockchain

Blockchain technology is also being widely applied in fields other than finance. Here are some specific examples

Supply chain management

IBM Food Trust is a system that uses blockchain to manage the supply chain for food products. This allows the entire process from food production to consumption to be tracked, improving transparency and reliability.

Digital identity

Sovrin is a digital identity management system that uses blockchain. It allows personal information to be managed securely, making it easy to verify a person’s identity online.

Medical record management

MedRec is a system that uses blockchain to manage medical records. It allows for the safe sharing of patient medical data and maintains consistency of information between medical institutions.

Latest Technology Trends for 2024.

Blockchain and distributed network technologies are evolving every day. Here we introduce the latest technology trends.

Improving Scalability

Technologies are being developed to improve the scalability of blockchains. For example, Ethereum 2.0 aims to significantly improve transaction processing capacity by introducing a technology called sharding.

Interoperability (cross-chain)

There is a lot of interest in technologies that improve interoperability between different blockchains. For example, Polkadot is a platform that connects different blockchains and enables the exchange of data and value. In addition, Chainlink provides an oracle network that allows smart contracts to access external data, enabling data collaboration between different blockchains.

Strengthening security

Research is being carried out to strengthen the security of blockchains. For example, zero-knowledge proofs are a technology that proves the legitimacy of transactions without disclosing the details of the transaction, and aims to achieve both privacy protection and security.

Specific examples of zero-knowledge proofs

  • Zcash: Zcash is a cryptocurrency that uses zero-knowledge proofs to protect the privacy of transactions. Users can prove that a transaction is legitimate without disclosing the details of the transaction.
  • zk-SNARKs: zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) is a type of zero-knowledge proof that is also used as a privacy enhancement function for Ethereum. This makes it possible to protect privacy even when executing smart contracts.

Summary

Distributed networks and blockchains are being applied in a wide range of fields, and new possibilities are opening up as the technology evolves. By understanding these technologies and keeping up with the latest trends, you can play an important role in the digital society of the future.

Technology that can change people’s lives is being developed even now!
Let’s make use of it in our daily lives and enrich our lives!

Thank you for reading.

Please look forward to the next article!

Fundamentals of blockchain and distributed networks Web3 NFT DeFi technology Metaverse

Fundamentals of blockchain and distributed networks in the Web 3.0 era applied to NFT, DeFi , wallet ,technology and Metaverse.

Let’s take a look at the basics of distributed networks and blockchains together.

What is a distributed network?

A distributed network is a network in which data and resources are not concentrated in one place, but are distributed across multiple computers (nodes). This makes the entire system more robust and reliable.

Features and specific examples

Redundancy

  • Data is stored in multiple locations, so it is less likely to be lost even if a fault occurs. For example, cloud storage services such as Google Drive and Dropbox ensure data security by storing data on multiple servers.

Scalability

  • The capacity and performance of the network can be easily expanded by adding new nodes. For example, Netflix uses servers distributed around the world to deliver videos, and can respond smoothly even when the number of users increases.

Security

  • It becomes difficult for attackers to control the entire system. For example, BitTorrent divides files into small parts and shares them among multiple users, preventing attacks on the central server.

What is a blockchain?

A blockchain is a type of distributed network that groups transaction data into units called blocks and links them together in a chain. Each block contains the hash value of the previous block, making it extremely difficult to tamper with.

Features and specific examples

Transparency

  • All transactions are public and can be verified by anyone, making it easier to detect fraudulent activity. For example, the Bitcoin transaction history is highly transparent because anyone can check it.

Invariance

  • Once recorded, data cannot be changed, so data reliability is increased. For example, recording land ownership on the blockchain prevents fraudulent rewriting.

Decentralisation

  • There is no central administrator, and data is managed across the entire network, which improves system reliability. For example, Ethereum automates contracts without a central administrator by executing smart contracts on a decentralised network.

How a blockchain works

The flow in which blockchain functions

  1. Transaction generation: A user generates a transaction, for example, when sending Bitcoin.
     
  2. Transaction verification: Nodes in the network verify the legitimacy of transactions. This confirms that the transaction is legitimate. For example, Bitcoin miners verify transactions.
     
  3. Block generation: Verified transactions are grouped together into blocks. Multiple transactions are collected into one block. For example, new transactions are added to a Bitcoin block approximately every 10 minutes.
     
  4. Adding a block: A new block is added to the existing chain, which allows the history of transactions to be recorded continuously. For example, a new Bitcoin block is added to the chain.
     
  5. Updating the chain: The new chain is shared across the network, which allows all nodes to have the latest information about transactions. For example, all Bitcoin nodes receive the new block and update their chains.

Applications of the blockchain

Areas where blockchain technology is being applied

  • Cryptocurrencies: Digital currencies such as Bitcoin and Ethereum. This enables transactions to be carried out without the need for a central bank. For example, you can use Bitcoin to make international money transfers.
     
  • Smart contracts: Contracts that are automatically executed. For example, a contract that automatically makes a payment when certain conditions are met. Ethereum smart contracts are used for things like automatic insurance payments.
     
  • Supply chain management: Improved transparency and traceability of logistics. You can track where goods come from and how they are distributed. For example, IBM‘s Food Trust manages the food supply chain using blockchain.
     
  • Digital identity: Secure management of personal information. It is possible to securely manage personal data and prevent unauthorised access. For example, a digital ID system using blockchain can easily verify the identity of a person when opening a bank account or using online services.

Summary

Distributed networks and blockchain are important technologies in today’s digital society. Understanding the basics of these technologies will help you to understand more advanced applications and technological developments.

And that’s the end of our beginner’s guide to blockchain and distributed networks.

Thank you for reading!

Please look forward to our next instalment of applied knowledge!

Polygon blockchain and Hedera Hashgraph distributed networks

What is Polygon and Hedera, the leader in the blockchain industry? The dawn of a new era! The best blockchain!

Explaining the differences between the blockchain Polygon and Hedera Hashgraph! Beginner’s guide!

Blockchain technology is being used in a variety of fields, and of these, the Polygon blockchain (hereafter referred to as Polygon) and Hedera Hashgraph (hereafter referred to as Hedera) are particularly noteworthy. Here, we will compare Polygon and Hedera and take a closer look at their respective features and advantages.

Network namePolygonHedera
OverviewA sidechain that solves Ethereum’s scalability issues,a platform that uses its own distributed ledger technology, Hashgraph. It enables the development of high-performance distributed applications (DApps) using a different approach to blockchain.
LayerLayer 2Layer 1
Smart contractsProvides an Ethereum environment through compatibility with EthereumProvides smart contract functionality, allowing developers to build DApps using languages such as Solidity
SecurityProof of Stake (PoS) ensures that token holders maintain the legitimacy of transactions.It uses asynchronous Byzantine fault tolerance (aBFT), ensuring high speed and security. Even if some nodes in the network are acting fraudulently, this protocol ensures that the overall consensus is not affected.
EcosystemDeFi, NFT, DApps, etc.Used in a wide range of industries, including finance, healthcare, supply chains, and gaming
Token symbolPOL (formerly MATIC)HBAR
Sponsoring companiesSoftBank Vision Fund, Sequoia Capital, Disney, Starbucks, Coca-Cola, SBI Holdings, Recochoku, etc.Google, IBM, Boeing, Nomura Holdings, Deutsche Telekom, DLA Piper, Hitachi, etc.
Projects in useAave, Sushiswap, Decentraland, OpenSea, etc.Earthlings.land, Karate Combat,Avery Dennison ,Hashly ,VidChat ,Stray ,sentx,AID:Tech, etc.
Quantum resistanceNot implemented (under consideration for implementation)Not implemented (under consideration for implementation)
Consensus algorithmProof of Stake (PoS)Hedera has its own ‘Hashgraph’ consensus algorithm
Maximum TPS (theoretical value)649 TPS (65,000 TPS)10,000 TPS
Maximum TPS (actual measured value)429 TPS3,302 TPS
Fee per TPS$0.015$0.0001
Energy efficiency0.000003 kWh per transaction
Launch DateMay 30, 2020Sep 16, 2019
What is the difference between a polygon and a Hedera? List of features!

Features and benefits of Polygon and Hedera

Polygon

Overview: Polygon is a sidechain designed to solve Ethereum’s scalability problem. It provides low-cost, high-speed transactions and is fully compatible with the Ethereum ecosystem.

Features:

Fully compatible with Ethereum

Polygon is fully compatible with Ethereum, making it easy to migrate existing Ethereum DApps (decentralised applications). This allows developers to take advantage of Polygon while still being able to use the Ethereum ecosystem. Specifically, the following points can be mentioned

  1. Smart contract compatibility: Polygon is fully compatible with Ethereum smart contracts, so existing contracts can be used without modification.
  2. Development tool compatibility: Developers can use the same development tools as those used for Ethereum (e.g. Truffle, Remix, MetaMask, etc.) on Polygon.
  3. Improved user experience: Users can use their Ethereum wallets and DApps as they are, reducing the cost of learning and migration.

Bridge Function (Cross-Chain Function)

Polygon’s bridge function is an important tool for moving assets between different blockchains. It has the following features

  1. Cross-chain bridge: The Polygon bridge is a cross-chain bridge developed to connect Polygon with other blockchains (such as Binance Smart Chain and Avalanche). This allows users to easily move assets between different blockchains.
  2. Binance Smart Chain (BSC) Integration: The Polygon Bridge allows users to move assets on BSC to Polygon. For example, by bridging BEP-20 tokens on BSC to the Polygon network, it becomes possible to trade and use DApps on Polygon.
  3. Avalanche integration: Avalanche is known as a fast and low-cost blockchain. Using the Polygon bridge, you can move assets on Avalanche to Polygon. This allows you to access the Polygon ecosystem while taking advantage of Avalanche.
  4. Simple operation: To use the bridge function, you can easily move assets using a wallet such as MetaMask. Specifically, you can add the Polygon network to MetaMask and use tools such as Matic Web Wallet V2 to perform the bridge operation.
  5. Low-cost and fast transactions: Using the Polygon bridge allows you to avoid the high gas fees of Ethereum and perform low-cost, fast transactions. This allows users to move assets efficiently while keeping costs down.
  6. Security: The Polygon bridge provides high security and reliability, ensuring the safe transfer of crypto assets.

Transaction speed

There is a difference of opinion regarding the TPS of Polygon.
The official TPS is 65,000, but according to ‘chainspect’, which is also featured in Forbes, the maximum theoretical value of the TPS of Polygon is 649 TPS, and the maximum measured value is 429 TPS.
This is probably due to the difference in measurement methods, as Polygon makes significant use of sidechain processing.
In any case, it boasts a high transaction volume on the network, including sidechains.

Hedera

Hedera has various unique features compared to other blockchain platforms, but the most prominent is its mechanism for solving the ‘trilemma problem’ that many other blockchains face.

Blockchain technology faces the ‘blockchain trilemma’, which states that it is difficult to optimise the three elements of scalability, security and decentralisation at the same time. With conventional blockchains, prioritising two of these elements tends to result in the sacrifice of the remaining one.

Hedera Hashgraph adopts a unique approach to solving this trilemma. Specifically, it achieves a good balance between each of the elements in the following ways

Scalability

  • Hedera uses a proprietary ‘gossip-about-gossip’ protocol and ‘virtual voting’ algorithm to enable fast transaction processing. This allows it to process thousands to tens of thousands of transactions per second, achieving a significant throughput improvement compared to conventional blockchains.

Security

  • Hedera uses a consensus algorithm with **asynchronous Byzantine fault tolerance (aBFT)**. This ensures that even if some nodes in the network are acting fraudulently, the overall security and reliability of the network is maintained.

Decentralisation

  • Hedera has a governance council made up of companies from a variety of industries, including Google and IBM. This council carries out the operation and decision-making of the network in a decentralised manner, preventing control by specific organisations or individuals. This is a method that solves the problems of DAO structures that are at risk of existing 51% attacks.

With these features, Hedera Hashgraph solves the blockchain trilemma at a higher level, providing a decentralised ledger technology that is scalable, secure and decentralised.

In other words, Hedera Hashgraph can continue to expand the scale of the system semi-permanently in response to demand. Without compromising security or decentralisation!

Sponsors and project members for Polygon and Hedera

Polygon

Sponsors: Softbank Vision Fund, Sequoia Capital, Disney, Starbucks, Coca-Cola, SBI Holdings, Recochoku, etc.

Polygon (formerly Matic Network) has partnered with many large companies. The following is a list of the main sponsor companies and their outlines:

Starbucks

  • An American coffee chain that launched the web3 experience ‘Starbucks Odyssey’ using Polygon in May 2023. Through this partnership, Starbucks will provide customers with more immersive and interactive experiences, and will be able to collect and trade digital assets.

Disney

  • A major American media and entertainment company that has partnered with Polygon. Disney is developing a new project called Disney Accelerator that utilises crypto assets and NFTs.

Reddit

  • A social news website that has partnered with Polygon. Reddit is providing a platform called Collectible Avatars that allows users to purchase and trade content using NFTs.

Nike

  • A global sportswear manufacturer, Nike has partnered with Polygon. Nike has launched the web3 platform ‘.SWOOSH’ and is developing new marketing strategies through NFTs.

These companies are leveraging the scalability and efficiency of Polygon to provide new digital experiences.

Hedera

Hedera’s Council members (Governance Council) are made up of some of the world’s most well-known large companies.

Google Cloud

  • Role: Infrastructure support for the Hedera network. Google Cloud provides Hedera node operations and cloud solutions for decentralised applications (DApps).
  • Background: Google is a company that provides a variety of cloud infrastructure services, and plays a role in supporting the reliability and scalability of Hedera.

IBM

  • Role: Providing blockchain technology and AI solutions. Contributing to technical support for Hedera and the development of new blockchain applications.
  • Background: IBM is a leader in blockchain and AI, and has a wide-ranging influence, particularly in the field of decentralised solutions for the enterprise.

Boeing

  • Role: Focused on the use of distributed ledgers in the aviation sector, particularly supporting the development of technologies for supply chain management and data traceability.
  • Background: Utilising highly reliable and secure blockchain technology for supply chain management in aircraft manufacturing.

Nomura Holdings

  • Role: Supporting the development of tokenisation technology and decentralised finance (DeFi) solutions in the financial services industry.
  • Background: Nomura is focusing on securitisation and investment products for decentralised assets through its investment banking business.

Deutsche Telekom

  • Role: Infrastructure support and node operation in the telecommunications sector. Contributing to the decentralisation and robustness of the Hedera network.
  • Background: A major telecommunications provider in Europe, contributing to the development of blockchain applications in the telecommunications sector.

DLA Piper

  • Role: Legal and regulatory advisory. Helping to develop a legal framework for decentralised technologies.
  • Background: A global law firm, contributing to the establishment of blockchain regulation and legal governance.

ServiceNow

  • Role: Supporting business workflows and digital transformation. Involved in the development of a decentralised workflow solution on Hedera.
  • Background: A leader in workflow automation, working with Hedera to promote the efficiency of distributed business processes.

Chainlink Labs

  • Role: Providing an oracle service for blockchain. Supplying smart contracts with reliable external data.
  • Background: Has a track record in distributed oracle networks, and is supporting the use of smart contracts on Hedera.

In addition, the Hedera Hashgraph Council includes members from educational institutions (e.g. University College London), telecommunications companies (e.g. Zain Group), and various other fields, who contribute to the governance and use of Hedera technology in their respective fields of expertise.

Project and system names that use Polygon and Hedera

Polygon

Projects using it: Aave, Sushiswap, Decentraland, OpenSea, etc.

Polygon (formerly known as Matic Network) is used by many projects and systems. The main ones are as follows:

  • Decentralised Exchanges (DEXs): Popular DEXs that run on Polygon include QuickSwap and JellySwap. These platforms are designed to allow users to trade crypto assets safely and efficiently.
  • Derivatives platforms: The Aavegotchi project supports derivatives trading on Polygon, allowing users to trade with leverage and swaps.
  • Gaming platform: Game projects such as Decentral Games (operating within Decentraland) use Polygon to manage NFTs and in-game currencies. This allows players to securely store items and assets within the game.

Hedera

As of November 2024, Hedera Hashgraph is being used in a wide range of fields, and the following major projects and systems exist.

Games and entertainment

  • Earthlings.land : An NFT metaverse online game currently under development on Hedera Hashgraph. Set in the Earth of the future, hundreds of years from now, players can enjoy a variety of elements such as exploration, production, breeding, battle, reasoning, shooting, pioneering, construction, city management, and job simulation , etc.
  • Ubisoft: Ubisoft, a global game development company, is using the Hedera network to tokenise in-game items and support player-to-player transactions, and is working to create a new game ecosystem.

Financial Services

  • Shinhan Bank: A major bank in South Korea, Shinhan Bank is using Hedera technology to enhance its international money transfer system, increasing transfer speed and reducing fees.
  • Standard Bank: Africa’s largest bank, Standard Bank is using Hedera to improve the efficiency and transparency of cross-border payments.

Digital Identity

  • FIS (Fidelity National Information Services): FIS, a financial technology services provider, is using Hedera to enhance digital identity management and authentication, improving security and user experience.
  • DLA Piper: DLA Piper, an international law firm, is using Hedera to digitally certify and manage legal documents, improving operational efficiency and enhancing security.

Healthcare

  • SAFE Health Systems: SAFE Health Systems, which manages and shares medical data, uses Hedera to securely manage and access patient data, contributing to improved quality of medical services.
  • The Chopra Foundation: The Chopra Foundation, which aims to promote health and wellness, uses Hedera to manage and analyse mental health data, helping to provide personalised health solutions.

These examples show how Hedera Hashgraph’s high throughput, low latency, and security characteristics are being used to provide practical solutions in a variety of industries.

Polygon and Hedera FAQs

Q1: What are the main differences between Polygon and Hedera?

A1: The main differences are clear in various design concepts and technical features, such as 1. underlying technology and architecture, 2. consensus algorithms, transaction speed and throughput, and smart contract compatibility.

Q2: Which blockchain is recommended for beginners?

A2: For beginners, Polygon is considered to be more suitable. The reasons are as follows

1. Well-developed developer community and resources

Polygon is highly compatible with Ethereum and has a large number of developers participating. As a result, there is a wealth of learning materials and tutorials, and an environment has been created where even beginners can easily obtain information.

2. Variety of tools and support

Polygon is compatible with existing Ethereum tools and frameworks, making it easy to build a development environment. There is also an active community, and it is easy to get support when solving problems.

3. Low transaction fees

Polygon has low transaction fees, which reduces the cost burden for beginners when they are experimenting and making mistakes.

Hedera is also an excellent platform, but it uses its own hashgraph technology, and the learning curve may be a little steep. Therefore, it is a good idea to first learn the basics of blockchain development with Polygon, and then try other platforms such as Hedera.

In other words, Hedera Hashgraph uses its own hashgraph technology and has different characteristics to other blockchain platforms. For this reason, developing on Hedera may require specific knowledge and skills.
On the other hand, Polygon is highly compatible with Ethereum and has a wealth of existing tools and resources, so it is a relatively easy environment for beginners to get started with.
Therefore, Hedera is more suited to developers with advanced technical skills.

The latest trends in Polygon and Hedera in 2024

Polygon

Background and purpose of the transition to POL

On 4th September 2024, Polygon transitioned its native token from MATIC to POL. This transition was part of the Polygon 2.0 roadmap and aimed to position POL as the main token for the entire Polygon network.

Key changes

  1. Easing of the issuance cap:
    • The maximum issuance limit for MATIC was set at 10 billion, but this limit has been abolished for POL, and new issuance will now be carried out at an annual inflation rate of 2%. Of this, 1% will be used as staking rewards, and the remaining 1% will be stored in the treasury for the community.
  2. Upgrade potential improved:
    • As the upgrade key for MATIC was burned, it was difficult to add new features, but with the transition to POL, it will be possible to upgrade in line with future changes to the ecosystem.
  3. Multi-chain validation:
    • POL uses multi-chain validation to enhance the security of multiple blockchains within the ecosystem and to allow for the efficient acquisition of rewards.

Transition Process

  • Polygon MATIC holders on PoS: No special action is required as they will be automatically converted to POL.
  • Ethereum and Polygon MATIC holders on zkEVM: They will need to upgrade to POL manually, but there is a grace period of about 4 years for the transition.

Impact and Outlook

The transition to POL is expected to make Polygon’s token economy more flexible and scalable, and to strengthen the growth of the community and the security of the network.

Growth and Innovation

In the second quarter of 2024 (April to June), the number of people using Polygon increased significantly. Specifically, 1.2 million people use Polygon every day, and the number of transactions per day has reached 4.1 million.

This shows that Polygon is a convenient and easy-to-use platform for many people. New technologies introduced include zkEVM and Polygon ID, which are designed to improve transaction privacy and scalability.

Technical Developments

Polygon is using a technology called zkEVM (Zero-Knowledge Ethereum Virtual Machine) to improve transaction privacy and scalability. zkEVM uses zero-knowledge proof technology to prove the validity of transactions without revealing the details of the transaction.

In addition, the technology called Polygon ID is used to allow users to securely manage their own data. These technologies are designed to make Polygon a safer and more efficient platform.

Hedera

The 2024 HelloFuture Hackathon

The 2024 HelloFuture Hackathon was held from July 22 to August 20, with developers from around the world competing with innovative projects on the Hedera platform. With a total prize pool of over $350,000, a diverse range of projects were presented in tracks such as AI, DeFi, and RWA tokenisation.

Overall Winner:

  • 1st Place: Savera
    • Summary: A blockchain wallet and platform that supports communities with limited access to financial services.
    • Team: Luis Eduardo Arevalo Oliver, Alejandro Sanchez Gutierrez, Victor Alonso Altamirano Izquierdo
    • Prize: $45,000 + $5,000 in Google credits
  • 2nd place: Nomid
    • Summary: A solution that provides instant, low-cost, secure peer-to-peer payments by eliminating the middleman.
    • Team: Milan Wiercx van Rhijn, John Kroening, PMB
    • Prize: $25,000 + $3,000 in Google credits
  • 3rd place: Credore
    • Summary: Promoting the digitisation of trade documents, providing MLETR-compliant electronic bills of lading and tokenisation.
    • Team: Lingraj Mahanand
    • Prize: $15,000 + $2,000 in Google credits

This hackathon demonstrated the potential for Hedera technology to create innovative solutions in a variety of fields. Participants used Hedera’s capabilities in a variety of fields, including AI integration, tokenisation, and payment systems, to tackle real-world problems.

The Nairobi Stock Exchange (NSE), Kenya’s main stock exchange, officially joined the Hedera Council

On 30th October 2024, the Nairobi Stock Exchange (NSE), Kenya’s main stock exchange, officially joined the Hedera Council. With this, NSE aims to leverage Hedera’s decentralised network to accelerate the tokenisation of securities in Kenya’s capital markets.

NSE’s role and background:

  • 70th Anniversary: In 2024, the NSE will celebrate its 70th anniversary as the leading securities exchange in Kenya, providing access to Africa’s economic growth for local and international investors and issuers.
  • Market Performance: In the first nine months of 2024, the NSE recorded the best performance in Africa in the Morgan Stanley Capital International (MSCI) rankings, earning the trust of investors.

Significance of joining the Hedera Council:

  • Promoting tokenisation: The NSE plans to use Hedera’s secure, transparent and scalable technology to accelerate the adoption of digital assets and tokenised securities.

Comment from stakeholders:

  • Frank Muwiti (NSE CEO): ‘Through our participation in the Hedera Council, the NSE will be able to accelerate the adoption of digital assets and tokenisation of securities. This is in line with our strategic priority of offering innovative financial products.‘
  • Bill Miller (Co-Chair of the Hedera Council Membership Committee): ’NSE’s participation is an important step in accelerating Hedera adoption in African markets. Kenya is one of the largest economies in sub-Saharan Africa, and the NSE’s broad reach demonstrates that Hedera is a foundational technology for global capital markets.”

The partnership is expected to leverage Hedera’s technology to drive the adoption of digital assets and the tokenisation of securities in Kenya’s capital markets, providing new opportunities for investors and issuers.

Canary Capital Files First Hedera HBAR Spot ETF with SEC

On 12 November 2024, Canary Capital filed an application with the US Securities and Exchange Commission (SEC) for a Hedera (HBAR) spot exchange-traded fund (ETF).
This is the first application for a spot ETF targeting HBAR. Steven McCrug, the founder of Canary Capital, said that the application was made against the backdrop of developments in the regulatory environment and the growing interest of investors in a diverse range of crypto assets.
The company has previously applied for spot ETFs targeting XRP, Solana, and Litecoin, and is continuing its efforts to expand access to the crypto asset market.

STEAM RUNNER Official Release (Earthlings.land)

Apart from the main PC online game, the mobile game ‘STEAM RUNNER’ was officially released on 15 November 2024.
You can play and earn STEAM tokens and WATER tokens.

Developer and Fan comments for Polygon and Hedera

Polygon

Developer A

「…
KfW issues bearer bond on Polygon as part of ECB trials
“This trial allows us to test automated cash settlement and DvP transactions for blockchain-based digital bonds.”
Over 60 financial institutions have now participated in the trials.
…」

Fan B

「Polygon could easily become the next meme hub powerhouse.Low txn fees, stable network, solid communities.And it’s already proven its self time and time again to be able to handle the heat with polymarket, reddit collectibles etc etc.Think bigger, think $POL」

Developer C

「@INX_Group and @BackedFi are expanding their offerings on the @0xPolygon network by announcing new token listings, following the successful launch of tokenized @nvidia
The #INX platform will launch its first tokenized ETF, the S&P 500 ETF (bCSPX), along with tokenized Apple and BlackRock’s iShares Treasury ETFs, expanding the range of digital financial products available for non-U.S. investors.
… 」

x-developer-post-polygon-blockchain-kfw-chainlink-reddit
x-developer-post-polygon-blockchain-kfw-chainlink-reddit

Hedera

Developer D

「BREAKING: SpaceX is sending a satellite powered by HBAR to space this January after NASA research paper on Hedera
After Hedera’s partner in the @DeRecAlliance, Cardano founder @IOHK_Charles visited @elonmusk’s SpaceX HQ in Hawthorne yesterday, it was announced on Swiss national television today that WISkey and @SpaceX are sending HBAR to space in January.
A satellite powered by Hedera will facilitate transactions of cryptocurrency in space.
Potentially paving a way for future satellite-to-satellite payment networks that might redefine transactions across earth and space.

Source: Swiss National Radio Television」

Developer E

「We’re excited to announce the launch of STEAM RUNNER from @earthlingsland , a Play-to-Earn (P2E) mobile add-on game that enables gamers to earn the STEAM token on the @Hedera network 」

Fan F

「The future is onchain, the future is on @Hedera 」

x-developer-post-hedera-Hashgraph-Earthlingsland-foundation-spacex-nse
x-developer-post-hedera-Hashgraph-Earthlingsland-foundation-spacex-nse

Summary and Conclusion of Polygon and Hedera

Polygon is an excellent blockchain platform, and Hedera is also a decentralised network system that is attracting attention for its implementation of an algorithm that solves the trilemma problem faced by existing blockchains, and is being adopted by major companies and large-scale main systems around the world at a rapid pace.

Each has its own unique advantages and features. When considering these as candidates for a decentralised network to purchase or develop, please carefully examine the following indicators at a minimum.

  • Transaction speed
  • Transaction cost
  • Expansion of the ecosystem
  • Scalability
  • Security
  • Energy consumption (electricity consumption kWh per transaction)
  • Sharding availability (clustering availability)
  • Implementation schedule for quantum resistance
  • Compatibility with various systems
  • Cross-chain specifications (bridge function), etc.

It would be a good idea to analyse the future potential of Web3, and also to consider political influence and speculation, as well as funding and the sponsor companies that support them.

2025 is almost here, and both polygon and hedera will have another year of rapid growth!

Keep an eye on future developments!

If you want to know more about Polygon and Hedera, please see the following.


Polygon info.
polygon.technology


Hedera info.
Hedera Team – DEV Community
hedera.com

Thank you for reading!

Please also enjoy the next article!

error: Content is protected !!