Stellar to fork into Stellar Dolphin

A decentralized project Stellar Dolphin is going to be forked from Stellar Lumen project on August 30 to improve upon Stellar protocol
13 June 2018   1066

A blockchain platform with its own token - Stellar Dolphin with XDM will be forked from the Stellar Lumen protocol on August 30. It will be a Hard Fork. The project is going to be still developed by Stellar Lumen Commonwealth. The blockchain of Stellar Dolphin is going to provide lower transaction fees and modified core mechanism of calculation of transactions and balances.

XDM is Stellar Lumen blockchain assets and currency code. The protocol will provide an improved security of smart contracts and a mobile app for ease of use. The initial supply will be about 100 bln XDM. All XLM holders will receive XDM at the ratio of 1:1 for free. Total of 69 bln tokens will distributed while the remaining 31 bln will be reserved for late development.

Supporting exchanges include HitBTC, YObit.net, Huobi and Cryptopia. Stellar market parameters at the moment of publication are as follows:

Average price 0.231329 USD
Market cap 4,303,705,026 USD
Volume (24H) 44,364,500 USD

Stellar to collaborate with Veridium, Environmental Firm

Environmental blockchain company Veridium Labs Ltd announced about the partnership with Stellar and plans to simplify the whole carbon footprint process
28 June 2018   263

Veridium created the world’s first environmental social impact token and is developing disruptive sustainability solutions for the Fortune 500 companies. Last month, the firm declared about its partnership with IBM, which planned to make the process of offsetting companies’ footprints easier.   

It was also approved by the source that Stellar’s distributed, open-source, and hybrid blockchain will let Veridium to “accurately track carbon credits in real time to mitigate the environmental impact of the goods and services being transacted”.

We are very excited about the momentum Veridium has had since our announced partnership with IBM. Our new collaboration with Stellar and the addition of our advisory board members are important steps in making a decentralized carbon credit industry a reality so we can truly bring about global environmental change.
Todd Lemons,
Chairman, Veridium

It is as well believed that once Veridium begins running on Stellar and IBM Hyperledger Fabric blockchains, the firm will be able to evaluate the whole carbon footprint process. It will measure and compensate footprints by converting carbon credits into tokenized assets that hence can be displayed and integrated into corporate accounting systems more easily. The total process of tokenization of assets is supposing to raise trust and integrity in the flow of information among trading partners and network users.