đź’° An Ecosystem for Bitcoin Applications

Trust Machines and how it is aiming to build the largest Bitcoin ecosystem

đź’° An Ecosystem for Bitcoin Applications
Photo by Dmitry Demidko / Unsplash

Today's Highlights

  • Trust Machines - unlocking the true potential of Bitcoin
  • Learn - a couple of courses to further your knowledge in crypto.
  • In Other News - a few interesting developments we're tracking.

Trust Machines - unlocking the true potential of Bitcoin

Trust Machines is aiming to unlock the trillion-dollar Bitcoin economy and usher in the era of decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and non-fungible tokens (NFTs) on the Bitcoin blockchain. The company is building the Web3 infrastructure on Stacks, a programming framework that is designed to infuse Bitcoin with smart contract functionality.

Trust Machines says it wants to extend bitcoin from being only a passive store of value to being the final settlement layer for a powerful new computational platform. The company’s plan enables and grows the new economy of applications powered by bitcoin and settles on the bitcoin blockchain.

Ethereum and other programmable blockchains have seen Web 3 applications developed on them which are already worth hundreds of billions of dollars today. Trust Machines finally brings such transformative applications and needed platform technologies to Bitcoin, which is by far the best settlement layer for applications of value.

Trust Machines plans to build applications and underlying technology necessary to unleash the true potential of bitcoin as a final settlement layer. Trust Machines will also build applications that make bitcoin productive.

Trust Machine’s mission is to build the largest ecosystem of bitcoin applications and grow the bitcoin economy. Trust Machines is co-founded by two Princeton computer scientists, Dr. Muneeb Ali and Professor J.P. Singh. Trust Machines has raised $150M in funding.


đź“š Learn

Misha da Vinci
Ryan aka MintFace

In Other News

CoinShares Introduces Automated Trading Platform Hal
CoinShares, the London-headquartered digital asset investment firm, is launching an automated trading platform for retail crypto investors. The platform called HAL (short for Heuristically programmed ALgorithmic computer), will offer users the ability to access trading algorithms designed by CoinSha…
Royal Family of Dubai Company Seed Group Partners With CoinCorner To Facilitate Bitcoin Transactions In The UAE
Seed Group will help CoinCorner expand their operations into the UAE and access top decision-makers in the government as well as private sectors.
Digital Dollar Likely Won’t Be Part of Retail Banking World, US Lawmaker Says
White House reports on central bank digital currencies “point the way” but Congress still has to pass legislation on these issues, Congressman Jim Himes told CoinDesk.

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