Tag: Web3

Mastercard launches Web3 user verification solution to curb bad actors

Brian Quarmby

Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space. The solution is dubbed the “Mastercard Crypto Credential” and its launch was announced on April 29. In an accompanying explainer video shared to Twitter, the firm outlined that its “building a way for Web3 and blockchain service providers to help secure transactions between users, verified according to standards set by Mastercard.” At #Consensus23, we announced how we are instilling trust in…

Web3 Gamer – Cointelegraph Magazine

Cointelegraph By Callan Quinn

There’s trouble brewing in the red-light region of Decentraland called District X. The ongoing dispute between the leader of District X and a group of community members came to a head with the Decentraland DAO asked to weigh in on the district’s future. Decentraland districts are collectively owned areas on the map built around a particular theme, in District X’s case: adult content. However, it’s seen little development in the five years since it was established. Member Morph submitted a proposal on April 12 that the DAO and the Decentraland…