1. Blockchain Lightweight Enough to Run on Mobile: Minima Partners with Influx Technology for Data Tracking in McLaren GT4
2. Polygon Labs Spins Out ID Solution as "Privado ID" for Expansion Beyond Polygon Networks
3. Graph Foundation Completes Sunrise Initiative, Fully Decentralizing Web3’s Data Layer
4. Livepeer AI Launches Grants for Generative Video Innovation

Minima, a groundbreaking blockchain technology, is making waves in the world of racing with its latest collaboration with Influx Technology. The company has announced that it is integrating a data tracker into a McLaren GT4, a move that could revolutionize racing performance and prevent cheating.

According to a press release, the ‘DePIN Data Logger’ will collect data on over 20 parameters, including vehicle ignition timing, braking, oil pressure, engine temperature, steering angle, rotation, and gear switching in real time. What sets Minima apart is its innovative blockchain design, which secures the hash of the data to prove its history and integrity while storing the actual data on the device or in cloud storage.

This unique approach allows any IoT device to operate a full node and collect its data, enabling verification by other nodes on the network while storing the data on the device itself. With Minima’s lightweight blockchain technology, the McLaren GT4 will have access to real-time data insights that could give it a competitive edge on the track.

In other blockchain news, Polygon Labs has spun out its ID solution as “Privado ID,” a protocol-agnostic design aimed at expanding beyond the Polygon networks. Privado ID is already establishing strategic partnerships with multinational banking and financial service companies to create interoperable and compliant identity frameworks.

Meanwhile, Graph Foundation has completed its Sunrise initiative, fully decentralizing Web3’s data layer with the goal of enabling subgraph developers to seamlessly upgrade to The Graph’s decentralized network. And Livepeer AI, an AI-focused affiliate of decentralized video-streaming network Livepeer, has launched grants for generative video innovation, offering support and funding for projects looking to integrate generative AI into their products.

These developments in the blockchain space highlight the growing impact of decentralized technologies on various industries, from racing to finance to video streaming. As companies continue to innovate and collaborate in this space, the possibilities for blockchain applications are endless.