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Canada’s blockchain ecosystem is gaining global attention, with its unique blend of agility and scale positioning the country as a potential G7 leader in blockchain innovation. Meanwhile, Qubic’s record-shattering mainnet performance, the rise of blockchain-powered prediction markets for science, a major UN-backed accelerator for social impact, and Ubisoft’s latest NFT gaming venture all signal a dynamic week for the crypto and blockchain sector. Dive into the latest developments shaping the future of finance, technology, and global collaboration.
Canada’s Blockchain Advantage: Small Enough to Move Fast, Big Enough to Matter
Canada is uniquely positioned to become the first G7 nation to fully embrace a blockchain-forward future, according to CoinDesk. The country’s deep roots in blockchain innovation are exemplified by the fact that Ethereum, the second-largest programmable blockchain platform by market capitalization, was conceived in Toronto. Additionally, Blockstream, a core Bitcoin infrastructure company, is based in Montreal, and Canadian engineers, developers, and executives play pivotal roles in leading U.S. blockchain firms.
Canada’s structural advantage lies in its agility. Unlike the United States, which is hampered by legislative gridlock and inter-agency competition, Canada benefits from fewer layers of government and closer coordination between agencies. This allows for faster and clearer regulatory responses. The article outlines a potential national strategy that includes welcoming global blockchain companies, establishing a crypto-friendly tax regime, clarifying regulations, mandating crypto access within Canadian banks, integrating blockchain into capital markets, promoting blockchain use within government, and even establishing a national cryptocurrency reserve in coordination with the Bank of Canada.
- Canada’s blockchain history: Ethereum conceived in Toronto, Blockstream based in Montreal
- Regulatory agility: Fewer government layers, faster response than the U.S.
- Proposed strategy: Attract talent, modernize tax policy, clarify regulation, integrate blockchain in banks and capital markets, promote government adoption, consider a national crypto reserve
“Canada is small enough to be agile, yet large enough to make an impact. The opportunity to lead in blockchain innovation is still wide open.” — CoinDesk
Key Canadian Blockchain Assets | Details |
---|---|
Ethereum | Conceived in Toronto |
Blockstream | Based in Montreal |
Summary: Canada’s combination of blockchain heritage, talent, and regulatory agility positions it to lead global blockchain innovation, provided it adopts a bold, forward-thinking national strategy. (Source: CoinDesk)
Qubic Becomes the Fastest Blockchain in History — Verified at 15.52M TPS by CertiK
Qubic has set a new benchmark in blockchain performance, achieving 15.52 million transactions per second (TPS) on its live Layer 1 mainnet, as independently verified by CertiK, a leading blockchain security and auditing firm, according to TradingView. This milestone was accomplished without rollups, gas fees, or Layer 2 dependencies, distinguishing Qubic from previous tests conducted in isolated environments.
The live stress test, using Qubic’s native tick-based architecture, resulted in 1.518 billion transfers during the 10 peak ticks verified by CertiK. For comparison, other leading networks such as TON and Solana have achieved 104,715 TPS (simulated testnet burst) and approximately 65,000 TPS (under ideal conditions), respectively, while Sui, Aptos, and Arbitrum all remain under 1 million TPS. Qubic’s architecture enables atomic consensus, execution, and finality in a single synchronized cycle, supporting advanced use cases in AI compute, DePIN networks, and composable DeFi.
Blockchain | Peak TPS | Test Environment |
---|---|---|
Qubic | 15,527,637 | Mainnet, live |
TON | 104,715 | Simulated testnet burst |
Solana | ~65,000 | Ideal conditions |
Sui, Aptos, Arbitrum | <1,000,000 | Various |
- Qubic achieved 15.52M TPS and 1.518 billion transfers on mainnet
- Instant finality with zero delay
- Enables real-time decentralized compute for AI, DePIN, and DeFi
Summary: Qubic’s mainnet performance, independently verified by CertiK, establishes it as the fastest blockchain in history, with significant implications for scalable decentralized applications. (Source: TradingView)
Blockchain Prediction Markets Offer New Hope for Scientific Validation
Decentralized prediction markets are emerging as a promising tool to address the reproducibility crisis in science, according to Cointelegraph. Platforms like Polymarket and Pump.science demonstrate that crowdsourced forecasting can refine collective judgment and quickly flag dubious research claims. Supporters argue that market-driven validation introduces financial accountability, potentially accelerating the identification of robust studies and discouraging flawed or exaggerated research.
However, critics caution that financial incentives could compromise the traditional peer-reviewed process. Regulatory challenges persist, as some jurisdictions classify prediction markets as gambling or derivatives, limiting their growth. Advances in AI oracle networks are improving data integrity by incorporating multiple data feeds and transparent auditing, incentivizing higher reporting standards among labs and journals. While prediction markets may not replace peer review, they could operate in parallel, providing an additional layer of oversight and transparency.
- Prediction markets can quickly flag dubious scientific claims and reward reproducible research
- Financial accountability may accelerate the exposure of flawed studies
- Regulatory and data integrity challenges remain, but AI oracles and transparent auditing are improving trust
“The core idea — that a small bet can spark a significant reckoning — has won over many open-science supporters and decentralized finance innovators.” — Cointelegraph
Summary: Blockchain-based prediction markets are gaining traction as a complementary tool for scientific validation, offering faster and more transparent discovery, though regulatory and data challenges persist. (Source: Cointelegraph)
Blockchain for Good Alliance Launches Global Accelerator and Fund with UNDP
The Blockchain for Good Alliance (BGA), in partnership with the United Nations Development Programme (UNDP) and EMURGO Labs, has launched the SDG Blockchain Accelerator, a global initiative to harness blockchain for social impact across the UN Sustainable Development Goals (SDGs), reports Morningstar. The multi-year accelerator will onboard two cohorts annually, each running for four months, focusing on capacity building, solution development, and ecosystem growth. The program aims to deliver up to 40 blockchain solutions aligned with the SDGs, create an open-source resource hub, and promote cross-chain collaboration.
Led by BGA Managing Partner Glenn Tan and members of the UNDP AltFinLab, the collaboration spans five global regions and offers funding and strategic support to projects addressing challenges across the 17 SDGs. Bybit, as a founding supporter, has committed US$1 million to support EthicHub, a blockchain platform empowering smallholder farmers. BGA’s expansion into Europe in January 2025 included participation in the UNDP Brussels Roundtable, engaging with key delegates from the European Commission, major Web3 foundations, and policy think tanks.
- SDG Blockchain Accelerator: Two cohorts per year, four months each
- Up to 40 blockchain solutions for SDGs, open-source resource hub, cross-chain collaboration
- Bybit’s US$1 million funding for EthicHub supports ethical financing for smallholder farmers
- BGA’s European expansion includes high-level policy dialogues and grassroots initiatives
“At UNDP, we believe blockchain is not just a technology — it is a transformative force capable of reshaping how we address humanity's most pressing challenges.” — Teodor Petricevic, UNDP Accelerator Lead (Morningstar)
Summary: The Blockchain for Good Alliance and UNDP’s accelerator aims to scale blockchain-powered solutions for sustainable development, with significant funding and global collaboration. (Source: Morningstar)
Ubisoft Announces Yet Another NFT Blockchain Game
Ubisoft has announced "Might & Magic Fates," a new trading card game based on the Might & Magic universe, which will feature NFT-based digital ownership, according to 80 Level. The game, developed in partnership with Immutable, will allow players to build decks, challenge others, and expand their collections by trading, playing, or opening booster packs containing cards of varying rarities. The key differentiator is that players can trade their cards as NFTs on the Immutable blockchain.
This marks Ubisoft’s third foray into blockchain gaming, following two previous Web3 titles released in late 2024 that were poorly received by the gaming community. Ubisoft has emphasized that the "Web3 layer that unlocks digital ownership" is optional, likely in response to widespread gamer skepticism toward blockchain and NFT integration. However, a Ubisoft employee’s public statement that "Web3 gaming is inevitable" has reignited debate about the company’s direction and the broader acceptance of blockchain in gaming.
- "Might & Magic Fates" is a trading card game with NFT-based card ownership
- Developed in partnership with Immutable, enabling blockchain trading of cards
- Ubisoft’s previous Web3 games faced strong backlash; the new title’s Web3 features are optional
- Company stance: "Web3 gaming is inevitable"
Summary: Ubisoft continues to pursue blockchain gaming with "Might & Magic Fates," offering optional NFT ownership amid ongoing skepticism from the gaming community. (Source: 80 Level)
Einschätzung der Redaktion
Canada’s unique combination of technological heritage, regulatory flexibility, and international relevance positions it as a potential global leader in blockchain innovation. The country’s ability to coordinate policy efficiently, attract top talent, and foster a supportive environment for both startups and established firms could accelerate the adoption of blockchain technologies across multiple sectors. If Canada implements a comprehensive national strategy, it may not only set new standards for regulatory clarity and innovation but also influence global trends in digital finance and decentralized infrastructure. The potential for Canada to become a first-mover among G7 nations in this field could attract significant investment, talent, and international partnerships, reinforcing its status as a key player in the next wave of digital transformation.
- Canada’s agility and blockchain legacy create a rare opportunity for global leadership.
- Strategic action could yield economic, technological, and reputational benefits.
- Success depends on bold, coordinated policy and industry engagement.
Sources:
- Canada’s Blockchain Advantage: Small Enough to Move Fast, Big Enough to Matter
- Qubic Becomes the Fastest Blockchain in History — Verified at 15.52M TPS by CertiK
- Blockchain prediction markets offer new hope for scientific validation
- Blockchain for Good Alliance Launches Global Accelerator and Fund with UNDP
- Ubisoft Announces Yet Another NFT Blockchain Game
- Korea's user-driven, viral digital pop culture ideal for AI development: Blockchain expert