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India Now Has The Third-Largest Web3 Talent

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According to a new survey that was just released by the National Association of Software and Services Companies (NASSCOM), an organization based in India that has more than 3,000 members, the study found that the nation now boasts 11% of the world’s Web 3.0 talent.

Due to this statistic, India is now the third biggest country in the world in terms of its Web 3.0 profession, since the country is now home to almost 75,000 blockchain specialists.

In addition, the industry association forecasts that the available pool of talent will expand by more than 120% over the next 2 years.

Peer-to-peer networking and decentralized technology are the two pillars around which Web3 is built. This allows Web3 to enable use cases that, in Web2, were often centrally managed and executed in an opaque manner.

The fast adoption of cutting-edge technologies in India, together with its expanding startup environment and the country’s large-scale potential for digitally competent labor, are the perfect building blocks for India to emerge as a prominent participant in the global Web3 scene.

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India’s place in the global Web3 landscape is being solidified by the country’s rapid adoption of cutting-edge technologies, its thriving startup ecosystem, and its vast pool of potentially digitally skilled talent.

It is encouraging to see that both private and public sector actors in India are exploring practical applications of blockchain technology in fields as diverse as health and safety, finance, enterprise technology, land registry, and education.

Punjab Launches Web 3.0 Group To Investigate Its Possibilities

As part of its efforts to enhance its operations, the state of Punjab, which is located in the northern part of India, has focused its attention on distributed ledger technology, also known as DLT.

Chaudhry Parvez Elahi, the Chief Minister of the state, has established a committee with 22 members with the mission of investigating the possibilities offered by the web3 ecosystem.

It has been claimed that the committee would engage a wide variety of stakeholders from the business world, academic institutions, and the government in order to arrive at a comprehensive road map and specific action items for the implementation of the Web 3.0 ecosystem.

The post India Now Has The Third-Largest Web3 Talent appeared first on The Cryptocurrency Post.

Sky is a seasoned cryptocurrency expert with a passion for blockchain technology and digital finance. With years of experience in the crypto industry, he has authored insightful articles on market trends, emerging technologies, and investment strategies. His work has been featured in leading crypto publications, helping both beginners and seasoned investors navigate the complex world of digital assets. Sky is dedicated to providing readers with accurate, up-to-date information to make informed decisions in the rapidly evolving crypto space.

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NEAR AI says IronClaw 1.0 is now deployed as part of July shipments

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NEAR Protocol said its July shipments included NEAR staking for NEAR AI compute going live and the launch of IronClaw 1.0 on mainnet, marking a new step in the project’s AI and agent-related rollout. In a blog post announcing IronClaw 1.0, NEAR AI said the release is deployed across NEAR Foundation and NEAR AI.

The official recap also grouped the updates with broader AI and agent infrastructure changes, suggesting the deployments were part of a wider set of July deliveries rather than a standalone launch. That framing matters for readers tracking the project’s product pace: the post presents staking and IronClaw as live components, not as plans or test-stage features.

What NEAR said changed

According to the recap shared by NEAR Protocol, NEAR staking for NEAR AI compute is now live. The same update says IronClaw 1.0 has launched on mainnet, adding an additional deployment milestone to the project’s AI stack.

A separate post from a member of the project community also pointed to staking mechanics for NEAR AI compute and IronClaw hosting, but the clearest public confirmation in the material comes from NEAR’s own recap and the IronClaw 1.0 announcement.

The available information does not spell out all operational details of the deployments in one place, but it does make one thing clear: NEAR is presenting both the compute staking component and IronClaw 1.0 as active releases rather than future roadmap items.

The post NEAR AI says IronClaw 1.0 is now deployed as part of July shipments appeared first on The Cryptocurrency Post.

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BNB Chain says BEP-590 helped push finality below one second

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BNB Chain says its latest consensus-related upgrades have brought the network to sub-second finality, with the project pointing to BEP-590 and BEP-648 as key steps in the process. In an official blog post, the network said production finality has reached about 0.65 seconds after a sequence of upgrades.

The company described BEP-590 as an update that extended voting to recent ancestor blocks, a change it said was meant to absorb network jitter and improve finality speed. It said that approach brought average finality down to roughly 0.9 seconds.

BNB Chain then pointed to BEP-648, which it said added an in-memory vote pool that aggregates votes in real time. According to the network, finality is confirmed at about 0.65 seconds once a two-thirds quorum is reached.

A sequence of upgrades, not a single switch

The blog framed the improvement as the result of a series of BEP upgrades rather than one isolated change. BNB Chain said the move from a 45-second finality model to around 0.65 seconds came through sequential updates, with BEP-590 and BEP-648 among the most recent steps highlighted publicly.

The sub-second result was presented as the outcome of layered consensus changes, not a standalone upgrade with an immediate effect on its own.

BNB Chain’s public thread also linked to the blog for further detail, but the core claim remains the same: the network says it has crossed into sub-second finality on production systems.

The post BNB Chain says BEP-590 helped push finality below one second appeared first on The Cryptocurrency Post.

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NEAR Integrates Confidential Intents to Anchor Emerging Agentic Economy

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NEAR Protocol is shifting its infrastructure toward the “agentic economy,” integrating confidential execution and intent-based systems to support autonomous AI agents. The latest updates, detailed in the NEAR official roadmap, highlight a focus on enabling machines to act as economic participants through private coordination and universal liquidity.

The core of this transition is Confidential Intents, a feature designed to provide privacy for cross-chain trading and payments. Unlike fully transparent decentralized finance (DeFi) protocols, which expose transaction details to bots and observers, Confidential Intents utilizes private shards to mask transaction size, direction, and asset pairs by default. The protocol aims to combine the privacy levels of specialized chains with the composability of public networks.

Adoption Metrics and Private Volume

Data from the second quarter indicates a significant shift toward private transaction execution within the ecosystem. According to an analysis by Nansen, Confidential Intents’ Total Value Locked (TVL) surpassed $30 million. Furthermore, the firm reported that 42% of the swap volume on the near.com interface was executed privately by default during this period.

The integration of intents—a system where users specify a desired outcome rather than a sequence of technical steps—has expanded beyond native protocol tools. Third-party platforms including SimpleSwap and Ledger have recently incorporated NEAR-powered intent systems, facilitating swaps across more than 30 different blockchains.

Building Infrastructure for AI Agents

NEAR’s objective is to provide an “open stack” for AI agents that require more than just a large language model to function as economic actors. According to the protocol’s development team, an effective agentic economy requires several specialized capabilities, including:

  • Confidential execution: Allowing agents to process sensitive data and financial moves without public exposure.
  • Settlement speed: Infrastructure capable of handling machine-driven transactions at a micro scale.
  • Universal liquidity: Enabling agents to access assets across multiple chains without fragmented user experiences.
  • Private inference: Ensuring that the data processed by AI models remains secure.

The project characterizes Confidential Intents as a solution to the tension between high-speed execution and the liability of on-chain transparency. By running these flows on a private shard rather than relying solely on client-side zero-knowledge proofs, the protocol claims to maintain a standard user experience while preventing the leakage of trade positions.

Future Strategic Focus

The roadmap through 2026 continues to emphasize the convergence of AI and blockchain settlement. Beyond current swap and payment features, the protocol is working toward “Universal Send,” a feature intended to allow confidential payments to any user on any chain without exposing wallet history.

While the infrastructure for these agent-led transactions is scaling, with NEAR Intents cumulative volume reportedly reaching $19 billion in late May, the long-term success of the “agentic economy” depends on the developer adoption of these private execution layers and the continued integration of secure public-sector AI initiatives.

The post NEAR Integrates Confidential Intents to Anchor Emerging Agentic Economy appeared first on The Cryptocurrency Post.

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