All posts by open
OPEN Platform Community Update: Token Snapshot Tool
Hello OPEN Community, We would like to provide an update on what we have learned and the technical developments we have made in light of the Kucoin hack. As we know Kucoin announced that they experienced a ~$200 million hack on September 26, 2020. Many projects and assets were affected, including 16,341,025.82 OPENC tokens. While […]
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Supply Chain, Blockchain, & Evolving Paradigms of Pandemic Magnitude
PPE, Ventilators, government aid for citizens, and even scientific research on COVID-19 developments — it has never been more important to efficiently deliver product, services, and data to one another. Yet, when we needed our corporations & governing bodies to act most swiftly, people were instead faced with confusion, distrust, and delay. Through the Pandemic, […]
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A World of Digital Payments
As more and more people work from and stay mostly in the confines of their own homes, cash payments have faced large declines and digital payments have faced truly explosive growth. Traditionally, many groups and individuals have been restricted from switching over to mostly digital payments by either digital exclusions, because the businesses or financial […]
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A Reflection on How Far We’ve Come
On January 3rd of 2009, Satoshi Nakamoto mined the Genesis block—number 0—of Bitcoin, earning a 50 BTC reward. In the years to follow, crypto adoption grew and grew. It grew from small message boards on the internet (where 10,000 BTC were spent on two Papa John’s pizzas!) to formalized exchanges, from Bitcoin and proof-of-work alone […]
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Blockchain Gaming Expands Stay-At-Home World’s Horizons
As the COVID-19 pandemic continues to sweep the global landscape, people across the world are learning to get accustomed to their new stay-home-world. Certain sectors such as broadcast media, commodity delivery, and gaming are seeing unprecedented growth; whereas, other legacy industries are being forced to innovate after decades of stagnancy. However – all-in-all – there’s […]
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Our Focus on Developers in 2020
Our focus in 2020 is centered around utilizing all of the consistent progress we have made over the last years in developing significant assets for developers looking to build advanced applications and technology. Numerous technologies built from hundreds of thousands of lines of code have been developed across our platform and continue to be developed […]
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Token Burn Update
Hello OPEN Community, We wanted to provide an update on the planned token burn. OPEN’s token burn took place on January 29, 2020 via sending tokens to the address 0x0000000000000000000000000000000000000001 (https://etherscan.io/tokenholdings?a=0x0000000000000000000000000000000000000001&q=OPENC). 338,750,412 tokens were burned. This address was used as an alternative to the previous commonly used burn address that was no longer supported or […]
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OPEN End of the Year Update
2019 has been an exciting year for the industry. We have seen a catalyst in activity across decentralized finance, gaming, scaling, and developer tools. However, often times, the industry forgets how nascent blockchain technology truly is, and how early we are on this journey towards mainstream adoption – many times expecting overnight transformation across industries. Bitcoin […]
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Emerging Blockchain Use Cases: DeFi
Over the past 2 years, the blockchain space has started to see projects achieve real traction. Although extremely early, the movement of decentralized finance or DeFi has been achieving real progress with over $500 million in value currently locked up. The premise of DeFi, as conveyed in its name itself, is to challenge the traditional […]
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OPEN Platform API Documentation Overview
Hello OPEN Community, Given our recent developer engagement initiatives, we would like to provide community members with an overview of our various and extensive Open Platform Documentation resources to help and encourage developers to contribute to our ecosystem. In this update, we want to highlight the Open Platform API Documentation to help developers engage with […]
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