New dApp on VeChain (VET) enables users from restricted countries to invest in ICOs

It is never boring in the land of VeChain. The Foundation behind the project is busy as a bee, acquiring new partners, supporting new projects on their network and improving the overall technology behind VeChain.

This day was particularly lively as couple of moderate to big news broke out from the VeChain camp.

ThorBlock went live is a new dApp on VeChain blockchain and their site enables pooling of funds for future ICOs. Now everyone can take part in an ICO if they wish as part of a pool overseen by smart contracts, not just those with deep pockets. VeChain, SafeHaven and Arkane helping level the playing field. This is especially interesting for the customers that live in jurisdictions that do not allow ICO investing (like most of US states). With ThorBlock, a pool operator who qualifies as an ICO investor can invest in the token sale on behalf of the community. After the ICO is complete, the earnings can be redistributed to the pool members via smart contract.

Arkane Network is live

Arkane Network Beta release was pushed forward and went live today to support the launch of ThorBlock. As Arkane made it known on their Medium post, “30+ businesses have requested API access to develop blockchain DAPPS using Arkane. We warmly welcome them into our network and will start engaging with these businesses to support their development requirements.”

Based on the information within an Arkane FAQ-style Medium post, “Arkane is a translation layer. It translates a difficult language (blockchain) into a language understood by most developers (REST API).” Arkane has a dual role:

on one side it is user-focused: provides users with a multi-blockchain wallet which facilitates handling of your digital assets.

On the other side, developers can use the Arkane Network to build multi-chain dapps easily with Arkane’s SDK and API toolkit. Learn how to leverage our APIs to bring the power of blockchain into your applications here.


Morpheus Labs supports VeChain

First one was an onboarding of VeChain on Morpheus Labs platform. Morpheus Labs is a Singapore homegrown startup aims to develop a comprehensive full-stack blockchain platform and marketplace, Morpheus Labs offers infrastructure for enterprises and developers to build and experiment their own blockchain applications effortlessly at a fraction of the cost and time. This provides a one-stop development tool, for smart contracts, back-end services, and front-end applications (Dapp). ML is blockchain agnostic and they already work with other blockchains so this is not an exclusive partnership with VET.

Morpheus Labs and VeChain will work together to create comprehensive templates cover four-stack development needs: including node deployment, smart contracts, back-end SDKs and front-end applications. This is a turn-key solution and will be ready for enterprises implementation with little secondary development.

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

1 Comment
  1. Thank you for supporting Arkane Network!

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