Hedera Hashgraph (HBAR) Pops 8.2% While It Announces Grants For Web 3 Interoperable Applications With Filecoin

The price chart of Hedera Hashgraph shows positive dynamics by 8.2%. Filecoin and Hedera Hashgraph have announced a joint effort to improve Web3 interoperability. The program starts with $200,000 in grants to demonstrate the implementation of NFT use cases, but the long-term vision is a full range of distributed registry solutions, including the development of consensus, storage, and smart data that combine the strengths of both networks. The Hedera 10 Improvement Proposal (HIP-10) offers an ecosystem standard for NFT metadata.

Zain Group joins Hedera Governing Council to create a safer, fairer, more secure internet - GraphBuzz.com Trending News | Technology News | Entertainment News To support this new functionality, Filecoin (in particular, the NFT.storage service) provides decentralized storage of a JSON schema containing these NFT properties, as well as multimedia or localization data. Combining Filecoin and Hedera provides a truly decentralized experience with NFT. Filecoin, acting as a decentralized NFT storage layer in the Hedera network, will ensure maximum trust in gaming assets, works of art, music, supply chain data, financial applications, and much more.

 

Miriam Bozini

Finance and Business Reporter