March 27, 2023
Image-4-LBN.jpeg

5min
      27 March 2022: The London College of Fashion (LCF), University of the Arts London (UAL) students recently presented their groundbreaking use of blockchain technology in a handloom craft showcase in collaboration with Selyn, Sri Lanka’s pioneer in fair trade handloom manufacture. The launch event, held at the exclusive SOOK 42 South Molton […]

November 4, 2022
KAM03544-LBN.jpg

3min
  On November 03,  2022, Binance kicked off the first meetup in Sri Lanka, generating an opportunity to empower blockchain and Web3 enthusiasts in the nation  with the right knowledge about blockchain technology and shared insight on the potential of  integrating such technologies  in varied industries in the local context. The Binance Colombo meetup was […]

September 21, 2022
281060-Photo_1_.jpg-LBN-Fill.jpeg

6min
      TAIPEI, TAIWAN – Media OutReach – 21 September 2022 – The Web3 game-PetaRush announced its collaboration with the NFT project Phanta Bear. The two projects have jointly launched 10,000 Phanta Bear NFTs, originating from the 2D Phanta Bear into 3D designs, for playing in the game. This is the world’s first multi-IPs […]

April 6, 2022
234936-EDNS.jpeg

3min
        HONG KONG SAR – Media OutReach [2] – 6 April 2022 – EDNS Decentralized Domain today announces that its decentralized domain naming platform will go online on April 12th. The platform, the first of its kind built on the Polygon blockchain, aims to break boundaries of internet domain with on-chain decentralized domain technology, representing an important step towards upgrading user experience in the new era of Web3.0. To encourage global participation in the move towards Web3.0, EDNS announces it is giving 700,000 .meta* domains to the owners of .eth domains, with first-year service fees waived. The project is also launching an ambassador program and a Reseller NFT Membership Program. Today’s announcement came as investors have been snapping up decentralized domains built on the Ethereum-blockchain Name Service addresses, a trend reminiscent of the acquisition of .com names during the Web1.0 era. EDNS, short for Ether Domain Name Services, simplifies the crypto and decentralized finance space by allowing users to create simple nicknames for all their public addresses and decentralized websites. In a breakthrough among existing decentralized domain platforms, EDNS will also provide direct connection to decentralized storage, decentralized Web Hosting, Web Builder, and decentralized SMS messaging and verification services – features that will significantly enhance web security and privacy protection. Through EDNS domains, users can manage smart contracts and realize their vision of an authentic decentralized future free from the control of IP administrators. “Over the past year, our team has worked tirelessly to develop the underlying technology to help users prepare for the move towards Metaverse and Web3.0,” said Joey Lam, Co-founder and CEO at EDNS. “The official launch of the EDNS domain platform is only the beginning. Going forward, we will continue to focus on building more applications that will help bridge the gap between where we are and our vision of a truly decentralized internet.”        

March 30, 2022
Capture-1.jpg

4min
        Mountain Lion Ventures, a Sri Lanka tech sector focussed investment vehicle, has taken a strategic stake in Infragist, which is a cutting-edge technology services company with its design thinking capabilities spreading across Metaverse, Cyber Security, Blockchain, Machine Learning and AI Solutions apart from its full stack tech services offering. The company […]

March 28, 2022
The-Leadership-Team-of-Veracity-Group.jpeg

5min
        Veracity Group, one of Sri Lanka’s fastest-growing technology services companies has structured itself with new appointments to key leadership roles as well as its four main divisions. Veracity Group aims to be the largest integrated disruptive platform with capabilities from Web 3.0, managed services, FAO, software development, integrated digital marketing, IOT, […]

March 2, 2022
Webp.net-resizeimage-13.jpg

5min
        Sri Lanka is aligning with innovation and accelerating into a new, digital-centric space, with the government working to create an inviting regulatory environment for blockchain use-cases to flourish, offering the country fresh and entirely new economic verticals. One such enterprise capitalizing on Sri Lanka’s progressive approach to emerging technology markets such […]


About us

Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




Follow Us


Newsletter