WEB3
Web3 (WEB3 or Web 3.0) refers to the next generation of the internet, characterized by decentralized and peer-to-peer networks that aim to give users more control over their data and digital interactions. It is a vision of the internet that incorporates blockchain technology and smart contracts, enabling trustless and transparent transactions, decentralized applications (dApps), and the secure storage and sharing of data. Web3 seeks to empower individuals, promote privacy, and foster a more open and collaborative digital ecosystem.
Bosch and Fetch.ai to Create Foundation to Fund Development of Web3
Bosch establishes Fetch.ai Foundation and commits $100 million in funding to create Web3, AI, and IoT products.
YouTube New CEO is Web3-friendly
Given the new CEO's emphasis on Web3's prospects, YouTube may undergo a Web3 shakeup.
Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations
Hub71 will invest $2 billion in Web3 startups in Abu Dhabi.
Siemens Issues World's First Blockchain Bond
Siemens claims that "releasing the bond on a blockchain provides a variety of advantages compared to prior approaches," including removing banks as middlemen.
Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management
As crypto jargon makes its way into everyday business, Bitcoin and Ethereum disrupt the traditional understanding of currencies and the use of DeFi in traditional banking is increasingly inevitable - the world of digital assets evolves and matures in unprecedented style. With Web3 having the ability to revolutionize how society interacts and tokenization transforming the concept of ownership, blockchain technology has more use cases than ever before. Increasingly, established industries adapt to these use cases and a future without digital assets becomes unthinkable.
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform.
Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases
Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a partnership with DAO Maker, a leading blockchain growth solutions provider known for their Launchpad, to incubate promising Web3 startups focused on delivering real-world use cases.
Binance Announces Upgrade to Proof-of-Reserves Verification
Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.
Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round
Foundation Capital and CMT Digital invest $30 million in Coincover to safeguard digital assets.
Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts
Many firms in the field have donated funding, on-the-ground help, and even future NFT charity efforts.
Revolut Introduces Crypto Staking to UK and EEA
This week, Revolut's "soft testing" staking function will launch.
Investors Interested in Digital Assets Despite Volatile Market
Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.
Prime Minister of Japan Fumio Kishida Comes Out in Support
On Feb. 1, Prime Minister Fumio Kishida addressed the House Budget Committee on DAOs, NFTs, and Web3.
Binance's New Blockchain Platform Aims to Build Web3 Infrastructure
BNB Chain stores storage metadata, while third-party storage providers store data.
Venom Ventures Fund Commits a $5 Million Strategic Investment in the Everscale Blockchain
Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has announced a strategic partnership with Everscale, a premier blockchain that aims to solve the scalability issues bogging down the Web3 industry.