The Casper Network is a scalable and secure Proof-of-Stake blockchain.
Casper is designed to accelerate enterprise adoption of blockchain technology. Its ecosystem is growing rapidly, and many innovative projects and businesses choose this cutting-edge technology.
This article will cover the most interesting projects contributing to the Casper ecosystem or building on the Casper blockchain.
IPwe: Revolutionizing Patent Registrations
IPwe improves the patent registration process and creates a new approach to patent ownership verification. Its joint chain of custody solution will use the Casper public blockchain to store, secure, and trace patent data.
IPwe has built the global patent market, connecting the world’s patent ecosystem on a single platform. It enables traditional patent transactions and empowers new transactions like reporting, financing, and insurance.
Casper makes IPwe possible by facilitating flexible permissions within its dapps. Creators can selectively make data public or private.
Public data is available on the Casper blockchain ledger. However, private data can be encrypted and made available only to those with the requisite permission. It preserves the integrity and finality of blockchain transactions while adding a layer of privacy.
BSN: Bringing blockchain to China
BSN is an infrastructure initiative backed by the Chinese government to accelerate blockchain adoption in China and beyond. The BSN is a platform that provides developers with easy onboarding into public and private blockchains they can use to build applications with reduced operational costs, improved flexibility, and better regulatory oversight.
Their partnership recently accelerated with the news that Casper Network will serve as the preferred blockchain for the City of Fuzhou. The flexible permissions of the Casper blockchain, where data can be selectively made public or private, make it a perfect solution for government-scale blockchain projects that need to be built on integrity while maintaining a degree of discretion.
Dmusic: Seamlessly connecting artists with their fans
Dmusic builds a platform to connect the artists and fans directly and make novel revenue models, including tiered access, direct one-to-one interactions, and even revenue sharing.
Casper’s flexible permissions for dapps allow artists to create tiered access for different levels of support. The upgradeable smart contract infrastructure allows musicians to build their brand and community to adjust incentives such as royalty distributions.
PureFi: Safe and efficient KYC for DeFi and beyond
PureFi brings a full-cycle solution for crypto asset analytics and AML/KYC procedures to accelerate the growth of both ecosystems within DeFi.
Mrinal Manohar, CEO at CasperLabs, said that “via our partnership with PureFi, we’ve taken a significant step forward on this front. Being able to store verified credentials in a completely private and secure environment is key to ensuring that AML and KYC requirements can be easily satisfied by all Casper dapps.”
Casper’s functionality in terms of allowing data to be encrypted and made private while still being stored on the blockchain makes a project like this possible.
Credentia: Digital document verification on the blockchain
Credentia builds tools to design, sign, store, and verify digital documents by leveraging blockchain technology. Casper’s scalability, security, and functionality allow interoperability and privacy preservation when dealing with valuable data online.
They have already collaborated with academic institutions, online education services, colleges, corporate universities, and vocational training centers to allow universally recognized educational credentials to be stored digitally on the blockchain.
Developer-friendly tools and cost-effective gas prices are essential and allow Credentia developers to build robust solutions across sectors in government and enterprise.
Metacask: Leveraging NFTs to build a Premier Whiskey Marketplace
Metacask builds an NFT marketplace on top of Casper to modernize the high-end whiskey investment market.
The blockchain enables transparency in these investments’ provenance, possession, and valuation. The blockchain-enabled platform boasts significant operational efficiencies over manual processes for whiskey sales.
Conclusion
Casper Network is steadily building its ecosystem on the back of its industry-leading technology.
If you want to find out how you can stake and earn $CSPR with Everstake, you can find out here.
***
Subscribe to Everstake to keep up with the latest staking news:
