What is Technology? Technology news, Technology meaning, Technology definition - Blockchain.News
Search results for

Technology

Blockchain: Technology for Sustainability
technology

Blockchain: Technology for Sustainability

The teams of AB InBev, IECISA and Rewire were the winners of the Global Blockchain Challenge, thanks to their innovative blockchain-based solutions that excelled for their technical, business and legal development, scalability and social impact.

Blockchain Technology Implemented into Indonesia's Digital Economy
technology

Blockchain Technology Implemented into Indonesia's Digital Economy

Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution.

CFTC’s New Chief Supports Blockchain Technology
technology

CFTC’s New Chief Supports Blockchain Technology

The Commodity Futures and Trading Commissions, CFTC appointed a new chief who is also pro-crypto. Just as his predecessor J. Christopher Giancarlo, appears to have supported the established pro-crypto/pro-blockchain approach. In a recent interview, the newly appointed chief, Heath Tarbert gave a favorable opinion of blockchain technology.

How Blockchain Technology is Improving the Agricultural Sector
technology

How Blockchain Technology is Improving the Agricultural Sector

This implementation of the blockchain technology has led to the adoption of tactics like smart farming, which connotes the use of modern technology like Blockchain in farming practices.

Social Factors Influencing the Adoption of Blockchain Technology
technology

Social Factors Influencing the Adoption of Blockchain Technology

Some factors could be necessary to drive the increase in the use of Blockchain technology are trust in what it has to offer and the level of awareness of this technology among people.

Moody’s: Blockchain Technology to be Standardized in 2021
technology

Moody’s: Blockchain Technology to be Standardized in 2021

A research report published on September 5th by financial services company Moody’s stated that blockchain technology would most likely be standardized in 2021.

Google’s Quantum Technology Could Satiate Proof-of-Stake Detractors
technology

Google’s Quantum Technology Could Satiate Proof-of-Stake Detractors

Google’s newly achieved ‘Quantum Supremacy’ computing technology has been marked for some surprising applications in the cryptocurrency space. According to one researcher on the project, the technology could enhance the proof-of-stake (PoS) algorithm.

IOTA On How Distributed Ledger Technology Will Transform Supply Chain
technology

IOTA On How Distributed Ledger Technology Will Transform Supply Chain

Distributed ledger technology could potentially revolutionize the supply chain industry by providing several upgrades, according to industry experts.

Indian State Eyes Blockchain Technology to Facilitate Remote Voting
technology

Indian State Eyes Blockchain Technology to Facilitate Remote Voting

The government of Telangana, a southern Indian state, is moving forward with its objective of making the voting process seamless and trustworthy with the help of blockchain technology.

How Can Blockchain Technology End Labour Market Woes?
technology

How Can Blockchain Technology End Labour Market Woes?

In its usual bid to take over the technology ecosystem, blockchain technology can be instrumental in the fight against unemployment through a creative aggregation of data for easy verification. This is revealed in a research report published on June 8 and sponsored by the American Council on Education.

ANNA Develops New Technology Strategy On Digital Assets
technology

ANNA Develops New Technology Strategy On Digital Assets

ANNA, a mnemonic for the Association of National Numbering Agencies apprised the public that it has developed a new technology task force on digital assets which will help to investigate the identification of digital assets in the likes of tokens and cryptocurrencies, blockchain technology.

Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery
technology

Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Uttama Savanayana, Thailand’s Finance Minister, has revealed that his ministry wants to use blockchain technology for system upgrades intended for optimal service delivery to citizens.

CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain
technology

CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain

Twitter CEO Jack Dorsey discussed Bitcoin and how blockchain technology can be leveraged to counter security breaches in an increasingly digital world.

Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs
technology

Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs

Worldcoin introduces Personal Custody, enhancing user control over biometric data generated via iris-scanning orbs for secure ID verification.

Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023
technology

Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023

U.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023.

DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance
technology

DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance

To render innovative and best-in-class solutions to its products and services, Fresh Del Monte Produce has invested in Jordanian and UK-based startup Decapolis for blockchain-enabled traceability solutions.

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country
technology

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country

Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network
technology

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard patents blockchain system to help shared device merchants avoid credit card fees.

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak
technology

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is a “collective claims-sharing mechanism built on blockchain that offers basic health plans to its 104 million participants.” Most of its users are Chinese citizens from lower-tier cities, and in rural areas. By utilizing blockchain technology, settlements have been made more efficient, and fraudulent claims have been reduced.

Government of India to Deploy Blockchain Technology at a National Level
technology

Government of India to Deploy Blockchain Technology at a National Level

The Indian government is eyeing the blockchain technology since it has a huge potential of being applied in various sectors such as banking, cybersecurity, education, and governance: securing the future of their economic development and growth. This strategic plan was made known in response to a question in the Lok Sabha as reported by the Indian Times on Nov. 27.

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027
technology

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa
technology

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan
technology

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency
technology

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.

Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey
technology

Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey

Arizona State University (ASU) is going a notch by deploying a blockchain-based technical stack enterprise infrastructure for its students.

China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area
technology

China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area

China’s Central Bank, the People’s Bank of China (PBoC) announced its development plans for outlining a blockchain-based trade finance platform for the Greater Bay Area that links Hong Kong, Guangdong, and Macao. Governing entities in China, including the PBoC, China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau came together to issue the official document for the proposal. The entities submitted their suggestions on financing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on global trade and finance.

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform
technology

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu has revealed its collaboration with Rice Exchange (Ricex), a Switzerland-based startup, for the first-ever blockchain-powered rice trading platform. This move seeks to offer unparalleled traceability, efficiency, transparency, and security to the worldwide rice market worth a whopping $450 billion.

BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview
technology

BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview

Discover BNB Chain's strategy for onboarding 1 billion Web3 users, bridging the decentralized tech gap, managing transaction costs, and future platform developments in our exclusive interview.

Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts
technology

Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts

Chinese e-commerce giant JD.com, also known as Jingdong, has successfully launched two enterprise-level applications, including blockchain-based smart contracts, and the protection of commercially confidential information. These two applications were launched on JD’s independently-developed proprietary blockchain, JD Chain. The JD Chain blockchain framework was made open sourced around a year ago, five months after the company launched the JD Blockchain Open Platform enabling companies to use JD’s platform using pre-built APIs. The blockchain protocol has been opened up to allow enterprises to built custom solutions.

Hamilton Lane Tokenizes Funds to Offer Individual Investors Access Private Markets
technology

Hamilton Lane Tokenizes Funds to Offer Individual Investors Access Private Markets

Hamilton Lane is making three investment funds available to individual investors by tokenizing part of its $835 billion funds via a partnership with Securitize.

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China
technology

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The novel coronavirus, also known as COVID-19 has spread to at least 25 other countries and caused 5 deaths outside of mainland China. Restrictions in Hubei, of the epicenter province of the outbreak, have been imposed further on its citizens. In Wuhan, the city where the coronavirus originated, has been banning its citizens from leaving their homes.

Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
technology

Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality

Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT
technology

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.

Forum Blockchain Life 2021
technology

Forum Blockchain Life 2021

Sixth biggest offline event on blockchain,cryptocurrencies and mining - Blockchain Life 2021 - takes place on April 21-22 in Moscow

Robinhood to Participate at J.P. Morgan Global Technology, Media and Communications Conference 2024
technology

Robinhood to Participate at J.P. Morgan Global Technology, Media and Communications Conference 2024

Robinhood Markets, Inc. will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024.

EOS Network Launches Antelope Spring Beta-1 on Testnet
technology

EOS Network Launches Antelope Spring Beta-1 on Testnet

The EOS Network Foundation unveils its Antelope Spring Beta-1 on the testnet, marking a significant leap forward in their blockchain technology.

Mistral AI Unveils Non-Production License to Foster Openness and Sustainable Growth
technology

Mistral AI Unveils Non-Production License to Foster Openness and Sustainable Growth

Mistral AI launches Non-Production License to balance innovation and business growth.

Oracle Defends Healthcare Modernization Efforts Amid Criticism from Business Insider
technology

Oracle Defends Healthcare Modernization Efforts Amid Criticism from Business Insider

Oracle counters Business Insider's criticism of its healthcare modernization efforts for veterans.

Google Unveils New AI Innovations: Gemini 1.5 Pro, Imagen 3, and More
technology

Google Unveils New AI Innovations: Gemini 1.5 Pro, Imagen 3, and More

Google introduces advanced AI technologies including Gemini 1.5 Pro and Imagen 3, enhancing user interaction and creativity.

NVIDIA and Leading Computer Manufacturers Collaborate on AI Factories and Data Centers
technology

NVIDIA and Leading Computer Manufacturers Collaborate on AI Factories and Data Centers

NVIDIA partners with top computer manufacturers to build AI factories and data centers, driving the next generation of AI advancements.

Industry Leaders Embrace NVIDIA Isaac for AI-Powered Robotics Development
technology

Industry Leaders Embrace NVIDIA Isaac for AI-Powered Robotics Development

NVIDIA Isaac robotics platform sees adoption by industry leaders like BYD Electronics, Siemens, and Intrinsic.

NVIDIA ACE Brings Lifelike Digital Humans to Developers
technology

NVIDIA ACE Brings Lifelike Digital Humans to Developers

NVIDIA ACE, using generative AI, is now available for developers.

Anthropic's Claude AI Now Available in Canada
technology

Anthropic's Claude AI Now Available in Canada

Claude AI is now accessible in Canada via multiple platforms.

NVIDIA Unveils New RTX-Powered AI Hardware and Software at COMPUTEX 2024
technology

NVIDIA Unveils New RTX-Powered AI Hardware and Software at COMPUTEX 2024

NVIDIA introduces RTX AI laptops, enhanced video tools, and open-source modding platforms at COMPUTEX 2024.

The Path to Artificial General Intelligence (AGI): A Closer Look
technology

The Path to Artificial General Intelligence (AGI): A Closer Look

Exploring the concept and transformative potential of Artificial General Intelligence (AGI).

AI Technology Restores Voice for Former Spirit Airlines CEO Ben Baldanza
technology

AI Technology Restores Voice for Former Spirit Airlines CEO Ben Baldanza

AI technology restores Ben Baldanza’s communication abilities post-ALS diagnosis

AI Solutions Revolutionize Health-Care Scheduling Amid Workforce Challenges
technology

AI Solutions Revolutionize Health-Care Scheduling Amid Workforce Challenges

AI tools enhance efficiency in healthcare scheduling, providing more time for patient care.

Meta's Llama Enhances AI-Powered Study Buddy for Students
technology

Meta's Llama Enhances AI-Powered Study Buddy for Students

Meta's Llama enhances FoondaMate, an AI-powered study buddy, providing students with conversational support on WhatsApp and Messenger.

Torchy’s Tacos Enhances Operations with Oracle Simphony Cloud POS
technology

Torchy’s Tacos Enhances Operations with Oracle Simphony Cloud POS

Torchy’s Tacos implements Oracle Simphony Cloud POS to unify operations and improve guest experiences.

Pioneering DRAM Chip Inventor Bob Dennard Passes Away at 91
technology

Pioneering DRAM Chip Inventor Bob Dennard Passes Away at 91

Bob Dennard, inventor of DRAM, passes away at 91, leaving a legacy that reshaped modern computing.

Stability AI Highlights Innovations at Computex Taipei, Announces Stable Diffusion 3
technology

Stability AI Highlights Innovations at Computex Taipei, Announces Stable Diffusion 3

Stability AI reveals Stable Diffusion 3 at Computex Taipei, alongside major tech announcements from AMD, Intel, and Nvidia.

OpenAI and Apple Forge Partnership to Integrate ChatGPT
technology

OpenAI and Apple Forge Partnership to Integrate ChatGPT

OpenAI and Apple announce a collaboration to integrate ChatGPT into Apple platforms.

Jason Lau Discusses Innovations Shaping the Future of Crypto on Chainalysis Podcast
technology

Jason Lau Discusses Innovations Shaping the Future of Crypto on Chainalysis Podcast

OKX's Jason Lau highlights tech innovations and regulatory insights shaping the future of crypto.

BaaS to Boost Blockchain Adoption in the Healthcare Market, Study Shows
technology

BaaS to Boost Blockchain Adoption in the Healthcare Market, Study Shows

The enhanced adoption of blockchain as a service (BaaS) is anticipated to boost the blockchain in the healthcare market, according to a report by Research and Markets.

El Salvador Eliminates Taxes on Technology Innovations
technology

El Salvador Eliminates Taxes on Technology Innovations

El Salvador has eliminated all income, property, and capital gains taxes on technology innovations, including software programming, coding, apps and AI development, as well as computing and communications hardware manufacturing. This move supports the country's ongoing efforts to expedite technological development, including the establishment of the National Bitcoin Office (ONBTC) to conduct joint initiatives with Bitcoin entrepreneurs and companies.

IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder
technology

IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder

IBM has announced a new collaboration with blockchain-based trade finance platform, we.trade to enhance network capabilities and accelerate the global growth of the platform. We.trade was designed to connect buyers, sellers, banks, insurers, and other organizations in a network, simplifying cross-border trading. Built on the latest version of the IBM Blockchain Platform, IBM has been the platform’s technology partner since the beginning. We.trade was also the first enterprise blockchain consortium to go live, back in early 2018.

Manchester United Selects Blockchain Firm Tezos as Technical Partner
technology

Manchester United Selects Blockchain Firm Tezos as Technical Partner

Manchester United has inked a multi-year deal with Tezos as its training kit sponsor, indicating it is one of the sustainable, reliable, and advanced blockchains providers.

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions
technology

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

A new platform has shown through trial methods that Japanese real estate fund was more efficient, transparent, and compliant with the use of digital securities and blockchain technology.

Top 5 Fintech Predictions That Will Redefine The Landscape of Financial Markets in 2021
technology

Top 5 Fintech Predictions That Will Redefine The Landscape of Financial Markets in 2021

Undoubtedly fintech is leading us towards an unpredictable future considering the fintech leader’s insights and predictions.

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing
technology

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers.

The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations
technology

The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations

The Federal Council of Switzerland has opted for better and fair regulations for blockchain and distributed ledger technology (DLT) in the country, which is believed will minimize risk, increase legal certainty and abort blockages, which will prevent the possible applications of blockchain/distributed ledger technology.

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs
technology

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs

In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.

Blockchain Identity Management Market to Hit $17.81B by 2030
technology

Blockchain Identity Management Market to Hit $17.81B by 2030

The urge for digitization is expected to push the blockchain identity management market to $17.81 billion by 2030, according to a report by Market Research Future (MRFR).

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond
technology

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond

The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps
technology

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage
technology

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage

United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.

Argentina Adopts Blockchain Technology for Traceability in the Citrus Industry
technology

Argentina Adopts Blockchain Technology for Traceability in the Citrus Industry

The citrus supply chain is one of the most fragmented and complex of all supply chains. The production is found all over the world, thus making several intermediaries and producers difficult to identify and trace. The Argentine Citrus Federation (Federcitrus) incorporated blockchain into the agency’s informatics system to provide traceability of fruit export products.

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?
technology

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.

China Establishes First-Ever Blockchain Zone in Central Province of Hunan
technology

China Establishes First-Ever Blockchain Zone in Central Province of Hunan

The first provincial blockchain zone has been established in China, in the central Chinese province of Hunan. The “Wanbao” blockchain zone is located in the city of Loudi, marking the first blockchain zone in China, according to a local Chinese report.

Tencent Unveils Top Ten Tech Trends for 2024
technology

Tencent Unveils Top Ten Tech Trends for 2024

Tencent Research Institute's report on 2024's top technology trends highlights quantum computing, high-performance chips, AI-driven industry development, sustainable computing, IoT, cloud computing, and more, signifying transformative impacts across industries.

Common Blockchain Misconceptions - Part 2 of 3
technology

Common Blockchain Misconceptions - Part 2 of 3

Common Blockchain Misconceptions – Part 2 of 3

Blockchain Technology Powers Brazil's National Identity Card Issuance
technology

Blockchain Technology Powers Brazil's National Identity Card Issuance

Brazil has commenced the use of blockchain technology for issuing the National Identity Card (CIN) to enhance security and data integrity in the new identity issuance process. The initial phase begins in three states with a nationwide deadline set for November 6, 2023. This move is part of Brazil's broader initiative towards leveraging blockchain for public service improvement, aligning with global trends of digital identity verification.

How Blockchain Is Creating 5 Fintech Disruption Opportunities
technology

How Blockchain Is Creating 5 Fintech Disruption Opportunities

Fintech blockchain acquisition is not only about testing and watching. It’s also about proactively taking action and applying the technology.

5 Places to Learn About Crypto Investing
technology

5 Places to Learn About Crypto Investing

While there is certainly an aspect of the ‘gold rush’ mentality to the current crypto buzz and surging market caps, it is undeniable that we have passed a legitimate turning point in the history of this revolutionary technology and asset class.

Animoca Brands Cuts Metaverse Fund Target to $800M
technology

Animoca Brands Cuts Metaverse Fund Target to $800M

Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 billion to below $2 billion, signaling a change in sentiment in the crypto industry.

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race
technology

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.

United Nations Development Programme to Conserve and Increase Kazakhstan’s Forestland Using Blockchain
technology

United Nations Development Programme to Conserve and Increase Kazakhstan’s Forestland Using Blockchain

BitFury, a blockchain development firm has been making plans to get into partnership with the United Nations Development Programme (UNDP) in an effort to help the country reduce its greenhouse emissions by more than 15 percent as this would conserve and boost Kazakhstan’s Forestland.

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions
technology

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets
technology

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.

CIA Eyes Blockchain Technology with New Research Lab
technology

CIA Eyes Blockchain Technology with New Research Lab

US Central Intelligence Agency has rolled an in-house R&D arm dubbed CIA Labs to scale up technological and scientific breakthroughs for future intelligence challenges.

What are Smart Contracts and Why are They Important?
technology

What are Smart Contracts and Why are They Important?

Since the lack of transparency puts the security of any transaction in jeopardy, this as now a problem of grave concern, so how do smart contracts solve these problems?

BondbloX Secures $6M in Series B Funding Led by Beacon Venture Capital
technology

BondbloX Secures $6M in Series B Funding Led by Beacon Venture Capital

Singapore-based FinTech company BondEvalue has raised $6 million in a Series B funding round, led by Beacon Venture Capital and supported by MassMutual Ventures and Citigroup. The funding will expand BondbloX Bond Exchange, a distributed ledger technology that democratizes bond market access through fractional and full-size trading.

World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink
technology

World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink

The World Economic Forum (WEF) has honored six blockchain companies on its list of 100 “early to growth-stage” firms Technology Pioneers for 2020, including MakerDAO and Chainlink.

How Blockchain Can Mitigate the Menace of Identity Theft
technology

How Blockchain Can Mitigate the Menace of Identity Theft

According to the Center for Victim Research, 7-10% of the US population are often victims of identity theft annually. Moreover, 21% of them suffer multiple cases of identity fraud. This menace is being experienced across the globe, and blockchain technology can be instrumental in stamping it out.

Alex Gladstein Fights Government Corruption
technology

Alex Gladstein Fights Government Corruption

Human Rights Foundation CSO Alex Gladstein thinks Bitcoin can improve democracy and combat state corruption by restricting government and institutional authority.

Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
technology

Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years

Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.

Argentina’s Central Bank Set to Prove Non-Crypto Use Cases of Blockchain Technology with its New Clearing System
technology

Argentina’s Central Bank Set to Prove Non-Crypto Use Cases of Blockchain Technology with its New Clearing System

The Central Bank of Argentina (BCRA) is now looking to test a blockchain-based clearing system to be used by the country’s major financial institutions. The aim of the blockchain clearing system is to provide efficiencies for fiat payments and enable them to be more reliable and to provide end-to-end traceability.

Green Bay Fintech Firm Sequoir Developing Crypto Technology to Fill ‘Capability Gap’ for Banks
technology

Green Bay Fintech Firm Sequoir Developing Crypto Technology to Fill ‘Capability Gap’ for Banks

Sequoir envisions cryptocurrency trades and payments will be done using bank apps.

Thai Political Party Proposes Digital Currency Stimulus
technology

Thai Political Party Proposes Digital Currency Stimulus

The Pheu Thai Party in Thailand plans to give all Thai residents over the age of 16 a stipend of $300 in digital currency if the party wins the next election. The initiative aims to stimulate the local economy using blockchain technology.

OKX Faces Allegations of Restrictive Practices in ICE Coin Listing
technology

OKX Faces Allegations of Restrictive Practices in ICE Coin Listing

OKX, a leading crypto exchange, faces allegations of unfair trading practices following its listing of the ICE coin. Despite technological advancements and a growing global presence, these accusations put the company's commitment to transparency and user trust to the test.

Over 1 Million Applicants Join Nigeria's 3MTT AI Program
technology

Over 1 Million Applicants Join Nigeria's 3MTT AI Program

Nigeria's 3MTT program, led by Bosun Tijani, is attracting over one million applicants, demonstrating the country's commitment to AI education and fostering a technologically skilled workforce.

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure
technology

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

Chinese tech giant Tencent Holdings, the owner of China’s messaging platform WeChat has announced that the company will be investing 500 billion yuan ($70 billion) in the next five years in emerging technologies including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity. Tencent is aiming to strengthen the development of FinTech in China, following the push of accelerating the development of blockchain as stated by the country’s President Xi Jinping.

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin
technology

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin

Former Ripple executive Stefan Thomas may have made a fortune off Bitcoin, but he might never be able to touch it.

World Wide Fund for Nature in the Philippines to Create Blockchain-Powered Fish Traceability App
technology

World Wide Fund for Nature in the Philippines to Create Blockchain-Powered Fish Traceability App

The World Wide Fund for Nature (WWF) Philippines has teamed up with UnionBank, a digital wallet, to create a blockchain-powered app dubbed Tracey to offer financial support to local fishers, as well as propel traceability and transparency in the fish supply chain.

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”
technology

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”

Ethereum co-creator has downplayed the partnership between HTC and Midas Labs, which enables Monero mining on mobile phones.

Kompute Seeks to be the “AWS” of Decentralized Cloud Computing
technology

Kompute Seeks to be the “AWS” of Decentralized Cloud Computing

Kompute, a blockchain company based in Estonia, intends to render significant control and anonymity in cloud computing through a decentralized model explicitly created for Web3.

Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance
technology

Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance

Abacus Life Settlements, a buyer of life insurance policies in the US, has teamed up with BlockCerts to introduce blockchain-enabled insurance and longevity-related assets.

JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests
technology

JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests

Kadena launches a blockchain-based app that compliments COVID-19 testing, in a united effort to prevent data falsification.

Chinese Government to Consider Cross-Border East-Asian Stablecoin for Hong Kong Amid Implementing Controversial National Security Law
technology

Chinese Government to Consider Cross-Border East-Asian Stablecoin for Hong Kong Amid Implementing Controversial National Security Law

Chinese officials to consider a cross-border stablecoin in Hong Kong, to facilitate a cross-border payment network between three Asian countries, and four currencies China, Japan, and South Korea. The world’s second-largest economy is aiming to build Hong Kong into an international financial center in the digital economy era. At China’s annual “Two Sessions,” also known as the National People’s Congress, China’s most important annual political event in Beijing, officials set the decision to impose new national security legislation on Hong Kong.

BC Technology Group Shares Drop 30%, Company Clarifies OSL Sale Rumor
technology

BC Technology Group Shares Drop 30%, Company Clarifies OSL Sale Rumor

BC Technology Group Limited refutes rumors of considering selling its virtual asset trading platform, OSL, following a Bloomberg report, amidst a significant drop in its share prices on 17 October 2023. The company clarified there's no ongoing negotiation or consideration regarding the OSL sale, urging investors to exercise caution.

Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap
technology

Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap

It was recently announced that Amazon CEO Jeff Bezos’s wealth has surpassed that of Bitcoin’s market cap, meaning Bezos’ wealth has soared up to $171.6 Billion—the icing on the cake to top off his pre-divorce financial record.

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate
technology

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of digital assets, she emphasized a cautious approach, underscoring the importance of continued research and international collaboration to navigate the digital transformation responsibly.

Canada to Become the Global Leader in the Blockchain Industry, Report Indicates
technology

Canada to Become the Global Leader in the Blockchain Industry, Report Indicates

In a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.

What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal
technology

What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal

ByteDance is confident that its deal with Oracle tech giant for TikTok’s US operations will be approved by both Chinese and American regulators.

Twitter and Facebook Grilled in Senate Hearing Over Social Media Censorship of US Presidential Election
technology

Twitter and Facebook Grilled in Senate Hearing Over Social Media Censorship of US Presidential Election

Facebook and Twitter are facing heat from US Congress for how they handled political misinformation circulating on the social media platforms.

Plantoids: The Advent of New Blockchain-Based Lifeforms
technology

Plantoids: The Advent of New Blockchain-Based Lifeforms

Plantoids. What are they? Where do they come from? This new art project uses blockchain as a new outlet of artistic expression.

Elon Musk Warns of AI Destructive Potential
technology

Elon Musk Warns of AI Destructive Potential

Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.

Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)
technology

Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)

The Shanghai Municipal Science and Technology Commission announced today the release of its "Shanghai Metaverse Key Technology R&D Plan (2023-2025)".

Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
technology

Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses

Tether has frozen 32 cryptocurrency addresses tied to terrorism funding in Israel and Ukraine, manifesting the growing partnership between crypto firms and global law enforcement to combat digital-financed crime.

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency
technology

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

The Thai government has remained visible as one of the leading governments committed to adopting blockchain technology. Many innovations concerning blockchain use cases can be learned from the government.

EPC Blockchain among 16 Startups Selected to Join EY Incubator
technology

EPC Blockchain among 16 Startups Selected to Join EY Incubator

Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas.

Craig S Wright Challenges Cypherpunk Interpretation of Bitcoin
technology

Craig S Wright Challenges Cypherpunk Interpretation of Bitcoin

Dr. Craig S Wright criticizes the cypherpunk movement for misinterpreting Bitcoin's goals, emphasizing on Twitter and his blog the importance of legal frameworks in cyberspace. He highlights the growing global regulations due to cybercrime, and explores blockchain technology's potential and the necessity of legal adherence for its evolution across various sectors.

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides
technology

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.

IBM and Oracle Collaborate on Interoperability Work for Their Blockchains to Communicate With Each Other
technology

IBM and Oracle Collaborate on Interoperability Work for Their Blockchains to Communicate With Each Other

IBM and Oracle have announced that they are collaborating to build an interoperability initiative to allow their blockchains to be able to communicate with each other.

Digital Asset Investments Surge to $117 Million
technology

Digital Asset Investments Surge to $117 Million

Last week, digital asset investment products experienced record inflows and volumes.

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite
technology

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.

Mark Cuban Discusses Dogecoin with Ellen DeGeneres as DOGE Adoption Surges
technology

Mark Cuban Discusses Dogecoin with Ellen DeGeneres as DOGE Adoption Surges

Mark Cuban has given Ellen Degeneres a brief rundown on Dogecoin and NFTs.

Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways
technology

Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways

The Bitcoin price has stagnated, trending sideways between $32,000 and $34,000—but recognizing BTC’s true value is not all about price says Bitfinex CTO Paolo Ardoino.

Hong Kong with its Incredibly Unique Positioning in FinTech
technology

Hong Kong with its Incredibly Unique Positioning in FinTech

In the second part of our interview with Peter Mok, Head of Incubation and Acceleration Programs at the Hong Kong Science and Technology Park (HKSTP), he went into detail on the initiatives they have developed to combat the global talent shortage, bring Hong Kong’s lagging Fintech industry up to speed and he tells us how blockchain startups can leverage the Hong Kong-Shenzhen Innovation and Technology Park.

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
technology

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade

The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.

Verizon's New Blockchain Verification Tool 'Full Transparency' Combats Fake News
technology

Verizon's New Blockchain Verification Tool 'Full Transparency' Combats Fake News

Verizon has unveiled a blockchain-based solution dubbed 'Full Transparency' for the verification of news and media releases.

FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch
technology

FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch

FIFA Club World Cup 2023™ combines football and digital tech with FIFA+ Collect's exclusive NFT series, partnering with Modex to enhance fan engagement and memorabilia experience.

Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism
technology

Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism

To recover from COVID-19 tourism losses, South Korea has introduced a blockchain-powered digital app for visitors of Jeju Island to ensure safe travels.

DLT in Capital Markets: A Strategic Assessment of Opportunities and Risks - A Report by the Global Financial Markets Association
technology

DLT in Capital Markets: A Strategic Assessment of Opportunities and Risks - A Report by the Global Financial Markets Association

The Global Financial Markets Association (GFMA) has released a comprehensive report examining the opportunities and challenges presented by Distributed Ledger Technology (DLT), including DLT-based Securities and associated activities across the securities lifecycle.

Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto
technology

Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto

To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services.

How Triffic is Gamifying Advertising for Local Businesses
technology

How Triffic is Gamifying Advertising for Local Businesses

Entering the world of cryptocurrency can be a daunting prospect for newcomers, with several practical and psychological barriers to overcome. Most people who’ve heard of Bitcoin are aware of its notorious volatility, and in some cases, of negative headlines associated with cryptocurrencies, such as the risk of hacks and losing private keys.

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot
technology

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.

Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward
technology

Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward

Tribe Accelerator is Singapore’s first government-backed blockchain accelerator, on a mission to bridge the gap between blockchain startups and the traditional world. Yi Ming Ng, the Managing Director at Tribe Accelerator, believes that blockchain is beneficial to a lot of businesses from different industries. However, there has been a lot of fear and speculation around cryptocurrencies in the traditional corporate world.

Facebook's Libra Sparked CBDC Race, COVID-19 Made Central Banks Realize Its Necessity
technology

Facebook's Libra Sparked CBDC Race, COVID-19 Made Central Banks Realize Its Necessity

Digital innovation and central bank digital currency adoption (CBDC) have been on the rise despite the ongoing COVID-19 pandemic. What has driven CBDC forward?

Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations
technology

Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations

Hub71 will invest $2 billion in Web3 startups in Abu Dhabi.

SBI Ripple Asia Powers Cambodia’s First Cross-Border Remittance Corridor Using RippleNet
technology

SBI Ripple Asia Powers Cambodia’s First Cross-Border Remittance Corridor Using RippleNet

SBI Ripple Asia, a joint venture between SBI Holdings and Ripple, will be facilitating Cambodia’s first international remittance service using blockchain technology.

The Future of Blockchain Is Regulated, Permissioned And Decentralized
technology

The Future of Blockchain Is Regulated, Permissioned And Decentralized

Blockchain has come a long way since it was first proposed as the technology powering Bitcoin’s distributed ledger. Since then, it has come to be understood as a technology that exists in its own right, as the base layer of second generation blockchain networks that are the foundation for all kinds of decentralized applications, or dApps.

Banking Infrastructure Needs Blockchain Technology to Meet Rapid Fintech Enviroment, HashCash CEO Says
technology

Banking Infrastructure Needs Blockchain Technology to Meet Rapid Fintech Enviroment, HashCash CEO Says

With the fintech industry making significant strides within a short time, the banking sector ought to integrate blockchain technology to keep pace with this area, according to HashCash CEO Raj Chowdhury.

Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
technology

Superstate Gains $14m in Series A Led by Distributed Global and CoinFund

Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.

Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia
technology

Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia

Bitdeer Technologies Group and NVIDIA are set to launch Bitdeer AI Cloud in Asia, utilizing NVIDIA DGX SuperPOD technology, to meet the growing demand for AI computing power in the cloud PaaS market.

Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era
technology

Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era

A Japanese book distributor is mulling an investment in a blockchain-based platform to distribute e-books, as partial lockdowns due to the ongoing COVID-19 pandemic continue in Japan.

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield
technology

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield

Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit
technology

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit

Fireblocks introduces 'Off Exchange', reducing exchange counterparty risk for institutional traders, allowing them to trade directly from on-chain MPC shared wallets, marking a significant advancement in digital asset trading.

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests
technology

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions
technology

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.

Trump Administration Wants Clean 5G Networks Free of China State Actors
technology

Trump Administration Wants Clean 5G Networks Free of China State Actors

Mike Pompeo, Secretary of State for the Trump administration has announced the expansion of the Clean Network program, outlining five new lines of defense to protect America’s critical telecommunications and technology infrastructure from untrusted Chinese state-owned enterprises like Huawei and ZTE.

UAE Health Authorities Launch Blockchain-Based Platform for Verifying Health Data Validity and Reliability
technology

UAE Health Authorities Launch Blockchain-Based Platform for Verifying Health Data Validity and Reliability

The United Arab Emirates (UAE) Ministry of Health and Prevention (MoHAP), the Ministry of Presidential Affairs, Dubai Healthcare City and other authorities have come together to launch a blockchain-based system for health data storage.

New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!
technology

New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!

Geco.one brings Bitcoin holders the ability to enter the Forex, Indices and Commodities markets - as well as of course the Cryptocurrency markets, for the first time by simply depositing Bitcoin.

Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success
technology

Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success

Bill Gates discussed the antitrust hearing opposing US congress and Big Tech - Amazon, Apple, Facebook, and Google (Alphabet) - and gave his input.

Google Cloud Introduces Blockchain Node Engine for Web3 Development
technology

Google Cloud Introduces Blockchain Node Engine for Web3 Development

Google Cloud's latest launch, Blockchain Node Engine, aims to help Web3 developers build and deploy new products on blockchain-based platforms.

China's Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies
technology

China's Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies

In a recent move, the Guangdong Provincial Party Committee and Provincial Government have issued the "Outline for Building Guangdong Province as a Strong Quality-driven Province," outlining their vision to enhance the leading role of industrial clusters in terms of quality.

Alibaba Integrates New Blockchain System With its E-Commerce Platform to Enhance Traceability
technology

Alibaba Integrates New Blockchain System With its E-Commerce Platform to Enhance Traceability

Alibaba has recently announced its integration of a full-link traceability blockchain system into its import e-commerce platform, Kaola. The Chinese e-commerce giant has previously acquired NetEase’s Kaola cross-border e-commerce platform in September 2019 for $2 billion.

Global Blockchain IoT Market Expected to Generate Returns Worth $5.8 Billion by 2026
technology

Global Blockchain IoT Market Expected to Generate Returns Worth $5.8 Billion by 2026

The global blockchain IoT market is expected to offer a revenue of $5.802 billion by 2026, driven by factors like IoT being increasingly implemented by mand end-use industries worldwide.

How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends
technology

How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends

Blockchain technology has been a growing hot topic, with companies integrating it more and more into their ecosystem for better security, decentralization, and lower costs, among other things.

Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development
technology

Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development

Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.

Multi-Grammy Winning Singer Akon Planned to Launch Akoin on Stella Network
technology

Multi-Grammy Winning Singer Akon Planned to Launch Akoin on Stella Network

More updates on Akoincity as Akon’s cryptocurrency project will be available on a newly release whitepaper. Akoin will be launched on Stella Lumens (XLM). Will this trigger massive cryptocurrency adoption in Africa?

Vietnam to Propel Blockchain Training for Enhanced Competitiveness
technology

Vietnam to Propel Blockchain Training for Enhanced Competitiveness

To gain an upper hand in the blockchain sector, Vietnam is in high gear to boost human resources in this sector

Brazil Records the First Blockchain-Based Birth Certificate
technology

Brazil Records the First Blockchain-Based Birth Certificate

The first birth certificates recorded on the blockchain was issued in Brazil to Álvaro de Medeiros Mendonça.

China’s Blockchain Service Network Unveils New International English-Based Website
technology

China’s Blockchain Service Network Unveils New International English-Based Website

China's Blockchain Service Network, introduced in early 2020, has launched an official international website.

Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU
technology

Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU

Microsoft unveiled Azure Maia 100 AI Accelerator and Azure Cobalt CPU, optimized for AI and cloud computing, with deployment scheduled for early 2024.

Alpaca Debuts Private Equity Real Estate
technology

Alpaca Debuts Private Equity Real Estate

Alpaca, a New York-based alternative investment firm, has launched a private equity real estate platform, Alpaca Real Estate (ARE), led by Daniel Carr and Peter Weiss. The platform, with significant backing from GCM Grosvenor, aims to leverage technology and operational strategies to enhance real estate investment returns amid current market dislocations.

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain
technology

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers
technology

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

The J.M. Smucker Company, known as Smucker’s, has announced that blockchain technology will be implemented in their system to trace Colombian coffee beans directly back to their source, all the while enabling consumers to support coffee farmers through the platform.

South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly
technology

South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly

According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month.

Samsung Electronics to Secure its Smart Gadgets With Blockchain-Based Solution
technology

Samsung Electronics to Secure its Smart Gadgets With Blockchain-Based Solution

Multinational tech giant, Samsung Electronics has unveiled its plans to protect its connected devices using a Samsung Knox Matrix solution

Binance Announces Upgrade to Proof-of-Reserves Verification
technology

Binance Announces Upgrade to Proof-of-Reserves Verification

Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.

South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”
technology

South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”

In order to revive cross-border travel and keep infection risks under control, the South Korean government seeks to issue blockchain-backed COVID-19 “vaccine passports” to immunized citizens.

Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development
technology

Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development

The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.

Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities
technology

Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities

Italian automobile brand Alfa Romeo is launching a new Sports Utility Vehicle in 2023, the Tonale, and it will incorporate NFTs and blockchain technology in its data capturing procedures.

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China
technology

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

The US Congress is considering using blockchain technology to enable the Senate to conduct remote voting during the ongoing COVID-19 pandemic. The report highlighted that the crisis emphasized the need to consider certain functions to proceed remotely when it may not be safe for members to gather in person. The report explored a combination of different technologies to be used, including blockchain and encrypted E2EE.

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View
technology

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View

The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.

Greater Bay Area Blockchain Week 2021 to Bring Global Attention to Blockchain Innovation
technology

Greater Bay Area Blockchain Week 2021 to Bring Global Attention to Blockchain Innovation

Being one of the world’s fastest growing tech hubs, Greater Bay Area (GBA) attracts audiences passionate about smart technology applications for business, education, and finance to come together for the premier international virtual event.

Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?
technology

Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?

In the world we live in today, virtually every sector of human activities have begun to experience one form of digitisation or another, and the Banking sector happens to be one of the sectors at the forefront of this evolution.

Demand for Blockchain and AI Expected to Push Market Value to $980.7M by 2030: Report
technology

Demand for Blockchain and AI Expected to Push Market Value to $980.7M by 2030: Report

Since blockchain and artificial intelligence are among the greatest technological innovations, their demand is expected to make the market value soar to $980.7 million by 2030, a study suggests.

Trump Ends COVID-19 Pandemic, according to White House Release
technology

Trump Ends COVID-19 Pandemic, according to White House Release

The Trump Administration has ended the COVID-19 pandemic, or at least according to the list of his accomplishments from the White House Science and Technology Office.

Hong Kong, a Coronavirus Hit City: How is the Blockchain Ecosystem Bracing for Greater Impact?
technology

Hong Kong, a Coronavirus Hit City: How is the Blockchain Ecosystem Bracing for Greater Impact?

Workers in China are now stuck in their hometowns, with 27 Mainland cities on lockdown in the country. Hong Kong has been investigated cases of environmental transmission of the coronavirus, as two residents in Hong Kong have been infected who live in the same residential building, but on different floors. This, in turn, could impact the US stock market, as the country was previously confident that China could contain the spread of the disease.

DAppstore Creator Decenternet’s Spyce Token to be Listed on BW Exchange November 22nd
technology

DAppstore Creator Decenternet’s Spyce Token to be Listed on BW Exchange November 22nd

Decenternet has created a marketplace for decentralized applications (dApp store) and a decentralized web browser. The token accompanying this new online ecosystem will be called Spyce. The BW Exchange plans on listing the Spyce token on November 22nd, 2019.

Mercedes Partners with Blockchain Company to Track Carbon Emission in Cobalt Supply Chain
technology

Mercedes Partners with Blockchain Company to Track Carbon Emission in Cobalt Supply Chain

A collaboration between the major car manufacturers, Mercedes Benz and Circular, a Blockchain Startup to carry out a combined program which would be for the purpose of tracing the emissions of carbon in the cobalt supply chain.

Five Myths People Have About Cryptocurrencies Debunked
technology

Five Myths People Have About Cryptocurrencies Debunked

Cryptocurrency has now been in the market for a decade, and its introduction enabled it to join the ranks of fiat currencies as a potential means of payment. However, the majority of consumers still hold wrong beliefs about cryptocurrencies. This explains the reason for the low adoption of cryptos.

India’s Election Commission Proposed Using Blockchain for Remote E-Voting
technology

India’s Election Commission Proposed Using Blockchain for Remote E-Voting

India’s Election Commission proposed using blockchain technology as a solution for bringing transparency for remote voting in a discussion on addressing geographical voting issues.

YouTube Sees NFTs as Catalysts, Tieing Deeper Relationships with Users
technology

YouTube Sees NFTs as Catalysts, Tieing Deeper Relationships with Users

YouTube sees NFTs as stepping stones towards a stronger connection between creators and viewers, according to Chief Product Officer Neal Mohan.

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator
technology

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

BlockCrushr, a Canadian blockchain firm has accused ConsenSys of stealing its intellectual property after it took part in a ConsenSys’ startup accelerator program.

Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit
technology

Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit

A second lawsuit has been filed against the fintech company Plaid, for violating user data privacy agreements they hold with major financial accounts that use Coinbase and Venmo.

Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January
technology

Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January

17 December 2020 – In light of the ongoing COVID-19 pandemic, the 14th Asian Financial Forum (AFF) will be held virtually on 18 and 19 January 2021. Under the theme “Reshaping the World Economic Landscape”, the forum will examine the challenges at hand and strategize the road to recovery and beyond with more than 150 influential global financial experts, policymakers, business leaders, economists, investors, and entrepreneurs.

GSBN Adopts Blockchain to Share Shipping Data with Financial Insitutiotns
technology

GSBN Adopts Blockchain to Share Shipping Data with Financial Insitutiotns

Global Shipping Business Network (GSBN) has adopted blockchain technology to speed up pilot transactions by unifying the consent collection and sharing of shipping data with financial institutions.

Dynasty Farms to Use Blockchain for Fresh Produce Traceability Project
technology

Dynasty Farms to Use Blockchain for Fresh Produce Traceability Project

Dynasty Farms/ Pacific International Marketing is set to use iTrade Blockchain to propel transparency and traceability of fresh produce. iTrade Network is a noteworthy worldwide provider of supply chain management solutions in the food and beverage sector.

Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability
technology

Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability

Convergence.tech, a Toronto-based digital transformation company, has finished a blockchain-powered project aimed at assisting Mongolian nomadic farmers maximize returns on their cashmere product.

Will Blockchain Make Shipping more Efficient in the Future?
technology

Will Blockchain Make Shipping more Efficient in the Future?

Shipping in some cases is not restricted to the transportation of cargo by ships, but it refers to the transportation of items by mail of any means, the form of transportation could be air, road or train, but the most used form is transportation by sea.

UK Government Explores IP Challenges in Emergent Metaverse Ecosystems
technology

UK Government Explores IP Challenges in Emergent Metaverse Ecosystems

A new UK government report delves into the complex realm of IP issues within the Metaverse, highlighting the lack of consensus on its definition and the IP challenges it poses.

LabCFTC to Announce the Winner of Project Streetlamp at Fintech-Focused Virtual Events Series Later This Year
technology

LabCFTC to Announce the Winner of Project Streetlamp at Fintech-Focused Virtual Events Series Later This Year

The Commodities Futures Trading Commission (CFTC) announced that its FinTech research wing, LabCFTC will be hosting a series of interactive virtual events during autumn 2020.

Dutch Government Invests Heavily in AI to Compete Globally
technology

Dutch Government Invests Heavily in AI to Compete Globally

The Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030
technology

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030

Findings from PwC indicate that by 2030, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion.

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance
technology

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.

Will Distributed Ledger Technology Revolutionize Education?
technology

Will Distributed Ledger Technology Revolutionize Education?

Since the establishment of blockchain and its deliverance of many opportunities for with disruptive potentials, the question at the back of many minds have been numerous, this article is focused on answering some of those pressing questions.

Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets
technology

Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets

The U.S. is contemplating tightening restrictions to prevent Chinese firms from accessing American AI chips via overseas outlets, reinforcing its stance on curbing China's AI military advancements. The move comes amid existing challenges in enforcing export controls, with the new rules expected to broaden the scope of restrictions on the AI chip market.

Hydrogen Technology Corporation Settles Crypto Manipulation Lawsuit
technology

Hydrogen Technology Corporation Settles Crypto Manipulation Lawsuit

Hydrogen Technology Corporation and its former CEO, Michael Ross Kane, have settled a lawsuit brought against them by the Securities and Exchange Commission (SEC) for alleged cryptocurrency price manipulation. The settlement requires the firm and Kane to pay $2.8 million in remedies and penalties. The SEC alleged that Kane used Hydrogen's market maker, Moonwalkers Trading Limited, to manipulate the volume and price of its ERC-20 token, Hydro (HYDRO).

Trump Warns of AI and Deepfake Dangers in Fox Business Interview
technology

Trump Warns of AI and Deepfake Dangers in Fox Business Interview

Former President Donald Trump criticized AI and deepfake technology, stating they pose significant risks and require urgent action to mitigate potential conflict and misinformation, emphasizing the complexities of regulating AI and ensuring ethical use.

Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos
technology

Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos

Legal team for Steve Wozniak, co-founder of tech powerhouse Apple, announced a lawsuit against YouTube and their parent company Google alleging that the media companies failed to take down fraudulent videos that impersonated Wozniak to drive Bitcoin funds.

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle
technology

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.

Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform
technology

Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform

Libra has been facing some competition as the Celo Foundation has awarded its first grants of $700,000 in total to 13 projects that expand the use of its platform.

Constellation Network to Provide Blockchain Security for US Air Force's Data Sharing Needs
technology

Constellation Network to Provide Blockchain Security for US Air Force's Data Sharing Needs

The US Air Force is set to secure its multi-partner data sharing using Constellation Network's data infrastructure.

US Judge Blocks Trump Administration’s Ban on TikTok Downloads
technology

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.

IBM Blockchain in Action: What are the Benefits?
technology

IBM Blockchain in Action: What are the Benefits?

In first and second parts of our interview with Alan Lim, the Program Director of IBM Blockchain Lab in the Asia Pacific, we explored the idea of data standards to improve the supply chain industry, as well as the IBM Food Trust, a food provenance network that allows food products to be traced and tracked. Digging deeper into IBM Blockchain, what else has the company been working on?

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers
technology

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-powered driving licenses were made available as an option in South Korea in May.

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May
technology

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

Local government employees in the city of Suzhou will be receiving China’s central bank digital currency, digital currency electronic payment (DCEP) in May, according to a local news outlet. China has been charging full speed with its digital currency development plans shortly after Facebook revealed its Libra stablecoin project.

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash
technology

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

The Libra Association appointed its first CEO, Stuart Levey, the Chief Legal Officer at HSBC Holdings. Levey will be overseeing the Libra digital currency and payments system and holds a strong compliance track record and is expected to join Libra in the coming months. However, HSBC has not shown the same upright compliance record. Levey is also expected to “combine technology innovation with robust compliance and regulatory framework.” The Facebook-led project has invited scrutiny from global regulators, with concerns over its threat to national sovereignty with its potential launch. Many of Libra’s original members, including Vodafone, PayPal, and Visa have also chosen to leave the association.

R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth
technology

R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth

The Marco Polo Network announced on Thursday that India’s leading provider of digital transformation, Tech Mahindra became the first corporate in India to join the R3’s open-source blockchain-based Marco Polo Network for facilitating cross-border transactions.

Mercedes-Benz and Volkswagen Unveil Cutting-Edge Voice Assistants at CES 2024
technology

Mercedes-Benz and Volkswagen Unveil Cutting-Edge Voice Assistants at CES 2024

Mercedes-Benz and Volkswagen showcase advanced voice assistant technology at CES 2024, including Mercedes' 'Dialogue Partner' and Volkswagen's ChatGPT integration, enhancing user experience and safety in vehicles with AI-driven innovations.

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility
technology

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility

Samsung Electronics has revealed plans to make the metaverse more accessible by developing innovative devices as it sees it as a new business model.

Brexit Border Issues Solved by Blockchain? The EU Has Doubts
technology

Brexit Border Issues Solved by Blockchain? The EU Has Doubts

ELAND, a consortium of border security professionals, IoT experts, and haulage industry professionals, have come together with a plan to use blockchain technology to track cross-border trade after the United Kingdom leaves the European Union.

Ethics of Web3 Discussed at Paris Blockchain Week
technology

Ethics of Web3 Discussed at Paris Blockchain Week

The second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.

Bitcoin Users Have Bigger Problems Than Recent Twitter Scam
technology

Bitcoin Users Have Bigger Problems Than Recent Twitter Scam

The recent spate of Twitter scams appears to indicate that Bitcoin users will face even more sophisticated and devastating attacks in the future.

Microsoft Unveils Free Copilot AI App for Android, Featuring GPT-4 and Challenging Paid Alternatives
technology

Microsoft Unveils Free Copilot AI App for Android, Featuring GPT-4 and Challenging Paid Alternatives

Microsoft's Copilot AI app for Android, incorporating GPT-4, challenges paid alternatives with advanced text and image capabilities, enhancing the Microsoft ecosystem and preparing for an iOS version.

Siemens Issues World's First Blockchain Bond
technology

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.

What is DeepSwap?
technology

What is DeepSwap?

DeepSwap is an AI-powered platform for face swapping in videos and photos. It offers tools like AI Video and Photo Generators, with a focus on privacy and safety.

Utrust Joins Hand With Alternative Airlines To Ensure Secure Crypto Payments For Users
technology

Utrust Joins Hand With Alternative Airlines To Ensure Secure Crypto Payments For Users

Utrust, a blockchain-powered payment technology that enables online businesses to accept cryptos.

Blockchain and IoT: Transforming Hong Kong into a Smart City
technology

Blockchain and IoT: Transforming Hong Kong into a Smart City

Blockchain and IoT: Transforming Hong Kong into a Smart City

Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate
technology

Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate

Binance China Blockchain Institute, the research arm of global exchange Binance has formed a strategic partnership with Xinyuan Group to further the application of blockchain technology in the global real estate industry—including New York.

Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026
technology

Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026

Allied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from $107 million recorded in 2018. This will represent a compound annual growth rate (CAGR) of 79.2% because blockchain is touted to offer an immutable, interoperable, and unified infrastructure needed in the storage of digital identities.

Bank of America Announces Blockchain Job Openings
technology

Bank of America Announces Blockchain Job Openings

Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.

SSV Network Founder Drafted; Assurance of Continued Operations Given
technology

SSV Network Founder Drafted; Assurance of Continued Operations Given

The leadership of SSV Network, amidst a war crisis, shared personal experiences and reassured the community of ongoing operations. Founder Alon Muroch described the ground situation as a "massacre" after being drafted, while A. Matthias emphasized team unity and continued work towards delivering a robust Distributed Validator Technology (DVT) network. The scenario highlighted the resilience of decentralized blockchain networks in maintaining operational integrity under challenging circumstances.

Five Ways Blockchain Technology is Transforming the Automotive Industry
technology

Five Ways Blockchain Technology is Transforming the Automotive Industry

Blockchain, as a secure and unique sort of encryption, has the potential to be one among the critical technologies that make it possible for the automotive industry to breakthrough into the new era of smart vehicles.

Here's Why Harvey's $80M Funding is a Game Changer in Legal AI
technology

Here's Why Harvey's $80M Funding is a Game Changer in Legal AI

Harvey raised $715 million in a $80 million Series B funding round, showcasing its advanced AI-powered workflow optimization technology.

Elon Musk Warns of AI’s Destructive Potential
technology

Elon Musk Warns of AI’s Destructive Potential

Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.

Bitcoin and Cryptocurrency Websites Take a Hit as Security Giant Cloudflare Suffers Major Internet Outage
technology

Bitcoin and Cryptocurrency Websites Take a Hit as Security Giant Cloudflare Suffers Major Internet Outage

Website security company Cloudflare underwent connectivity problems on Sunday, taking down a dozen of cryptocurrency websites with it.

Ethereum-Based Wallet MetaMask Adds Token Swaps to Its Features
technology

Ethereum-Based Wallet MetaMask Adds Token Swaps to Its Features

MetaMask recently announced a new add-on to its browser which can facilitate decentralized finance (DeFi) transactions for Ethereum-based tokens.

What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?
technology

What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?

The coronavirus death toll hit a daily high, as China confirms 3694 cases, a slightly lower number than the day earlier. 28,261 cases of infection have been reported worldwide with 565 deaths, mostly in Hubei province in China. How can blockchain be utilized to tackle this problem?

Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate
technology

Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate

Dr. Craig Wright's blog post on "Open-Source Development" rekindles debate on "Code is Law" principle, emphasizing the need for a balanced approach balancing code precision with legal considerations.

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal
technology

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal

Oracle, the tech company that was said to have acquired TikTok’s US operations, has finally commented on the partnership and confirmed it.

ECB's Digital Euro Development: An In-Depth Look at the Rulebook's Progress
technology

ECB's Digital Euro Development: An In-Depth Look at the Rulebook's Progress

The European Central Bank's Rulebook Development Group is enhancing the digital euro framework, focusing on operational models, technical architecture, and participant rights for seamless integration into the financial system.

Tech leaders sign open letter calling for AI development halt
technology

Tech leaders sign open letter calling for AI development halt

More than 2,600 tech leaders, including Elon Musk and Steve Wozniak, have signed an open letter calling for a temporary halt to any further artificial intelligence (AI) development. The letter expresses concerns about the potential hazards to society and mankind posed by AI with human-competitive intelligence. However, the petition has divided the larger tech community, with some opposing the call to halt AI development, citing the need to keep moving forward with new technologies.

Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners
technology

Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

The scourge of the coronavirus has led to the temporary closure of factories in China with the electronic industry supply chain being hit the hardest forcing an extension in the Lunar year holiday following the outbreak of the virus.

RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure
technology

RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure

RBL Bank announced that it will partner with Accenture, who envisions that it will enhance the bank’s information technology (IT) network and services.

Thai Political Party Proposes $300 Digital Currency Stimulus
technology

Thai Political Party Proposes $300 Digital Currency Stimulus

The Pheu Thai Party in Thailand has proposed giving all residents 16 years and older a digital currency stipend of $300 if it wins the next election. The initiative is a stimulus project aimed at helping the local economy using blockchain technology.

Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?
technology

Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?

On a forum, the Chief Development Officer of HKbitEX said that she hoped the company would issue its first security token offering (STO) project in 2021.

UNBLOK Provides Incentive-Based App Blockchain Solutions
technology

UNBLOK Provides Incentive-Based App Blockchain Solutions

UNBLOK LLC provides consumers with a revolutionary solution through blockchain technology, allowing users to use the application on their mobile phones without the need to conduct traditional application market research and get rewards.

ADGM Launches Pioneering DLT Foundations Regime
technology

ADGM Launches Pioneering DLT Foundations Regime

Abu Dhabi Global Market's Registration Authority has introduced the Distributed Ledger Technology Foundations Regulations 2023, a global legislative framework designed to facilitate token issuance, promote governance, and drive transparency in the crypto sector.

China Plans to Incorporate Blockchain in Attempt for Hainan to Overtake Hong Kong on International Trade
technology

China Plans to Incorporate Blockchain in Attempt for Hainan to Overtake Hong Kong on International Trade

The Chinese government is planning to make the province of Hainan into a free trade port, focusing on facilitating free trade, investment, and cross-border capital flows. The plan encourages government institutions to use blockchain and other emerging technologies to improve government functions. The government’s plan has mentioned blockchain technology consistently, as it could have the potential to be used in social governance, as well as protecting data systems including intellectual property rights.

Game Developers Have Increasing Interest in Blockchain and NFTs Products, says Stratis Survey
technology

Game Developers Have Increasing Interest in Blockchain and NFTs Products, says Stratis Survey

A new survey report shows a sizeable number of respondents agreeing that blockchain technology will become prevalent in video gaming within the next two years.

Japan supports OpenAI amid concerns
technology

Japan supports OpenAI amid concerns

Japan expressed interest in incorporating OpenAI’s technology into government systems, provided privacy and cybersecurity concerns are addressed. OpenAI CEO, Sam Altman, visited Japan and met with government officials to discuss the potential of the technology and how to maximize its benefits while minimizing risks. Meanwhile, OpenAI is being investigated by Canada’s privacy commissioner for allegedly collecting and utilizing personal information without consent.

Digitization vs. Digitalization: FinFabrik CEO Explains Digitalization of Asset Investment in Private Markets
technology

Digitization vs. Digitalization: FinFabrik CEO Explains Digitalization of Asset Investment in Private Markets

FinFabrik, a leading capital markets FinTech startup based in Hong Kong has recently launched a new Private Equity module on its proprietary DLT infrastructure that helps private markets institutions digitalize their operations. The platform named “CrossPool” rides on Corda Enterprise for transaction and contract management and Hyperledger Indy for identity management. With extensive experience in the financial industry and entrepreneurship, Alex Medana, the CEO of FinFabrik, talks about the core values of FinFabrik in the maturing DLT and FinTech industry and the firm’s digital assets issuance and investment platform CrossPool.

Vitalik Buterin's Vision of Techno-Optimism and AI's Future
technology

Vitalik Buterin's Vision of Techno-Optimism and AI's Future

Ethereum founder Vitalik Buterin advocates for a balanced approach to technology, considering both its benefits and risks, particularly in the context of AI and existential risks.

Elliptic Hires OakNorth's Jackson Hull as Chief Technology Officer
technology

Elliptic Hires OakNorth's Jackson Hull as Chief Technology Officer

As CTO, Hull will be responsible for taking Elliptic into the next phase of its product and technology growth, leading one of the major blockchain analysis providers.

ChatQA: A Leap in Conversational QA Performance
technology

ChatQA: A Leap in Conversational QA Performance

The study "ChatQA: Building GPT-4 Level Conversational QA Models" by Zihan Liu, Wei Ping, Rajarshi Roy, Peng Xu, Mohammad Shoeybi, and Bryan Catanzaro from NVIDIA focuses on the development of a new family of conversational question-answering models, including Llama2-7B, Llama2-13B, Llama2-70B, and an in-house 8B pretrained GPT model, which improves 'unanswerable' questions.

Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push
technology

Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push

The Chinese government has released its first-ever blockchain application blueprint regarding government services in the country. According to Beijing’s blueprint, 140 government services applications are already on blockchain and are divided into three categories, including data sharing and exchange, business collaborative processing, and electronic certificate and certificate storage.

Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry
technology

Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry

China’s banking industry for small to medium-sized enterprises (SMEs) will rely on digitization and financial technology to build a “new infrastructure” for the entire industry. Highly endorsed by the country’s president, Xi Jinping, blockchain technology has seen a surge in popularity in the past year.

Gmail Enhances AI Email Drafting with Voice Input
technology

Gmail Enhances AI Email Drafting with Voice Input

Google is set to revolutionize Gmail with the integration of a voice input feature in its AI-powered 'Help Me Write' tool, enhancing the email drafting process and reflecting the evolving role of AI in digital communication.

Italian Town Spearheads Blockchain-Propelled Waste Management
technology

Italian Town Spearheads Blockchain-Propelled Waste Management

Miglianico, an Italian town in the Abruzzo region, is famous for its wine production based on its expansive vineyards. The city is planning to establish a new blockchain breakthrough by being the first town in the country to incorporate distributed digital ledger technology for its waste management solutions.

Coinbase Bolsters Advisory Board with Security Experts
technology

Coinbase Bolsters Advisory Board with Security Experts

Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.

Blockchain in healthcare symposium Abu Dhabi 2020
technology

Blockchain in healthcare symposium Abu Dhabi 2020

Blockchain in Healthcare Symposium Event Overview

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets
technology

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets

BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than 215% year-to-date.

Ethereum Team Leader Critiques University's Apathy Towards Crypto Education
technology

Ethereum Team Leader Critiques University's Apathy Towards Crypto Education

Ethereum head, Péter Szilágyi, expressed frustration over his alma mater's lack of interest in blockchain technology, contrasting with global demand for blockchain education driven by major corporations and student interests.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain
technology

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023
technology

Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023

Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.

Foodpanda Goes Blockchain for Digital-Out-of-Home Advertising Enabled by the Zilliqa Blockchain
technology

Foodpanda Goes Blockchain for Digital-Out-of-Home Advertising Enabled by the Zilliqa Blockchain

The aim of the new blockchain-enabled pilot has been identified as being present across offline moments when consumers make their decisions on food delivery.

Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation
technology

Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation

Midjourney's V6 alpha update, a significant advancement in AI-driven image generation, offers enhanced prompt interpretation, smarter generation, remixing, improved upscaling, and additional image manipulation options. Despite mixed user reactions, the update's detailed, realistic outputs have garnered praise.

Can Blockchain Strengthen the Internet of Things (IoT)?
technology

Can Blockchain Strengthen the Internet of Things (IoT)?

IoT and Blockchain are two disruptive technologies leveraged for numerous technological innovations across multiple industries, but how do they complement each other?

Greater Bay Area Blockchain Week 2021 to Showcase International Technological Bridges
technology

Greater Bay Area Blockchain Week 2021 to Showcase International Technological Bridges

A nearly week-long premiere virtual event will feature industry leaders discussing the most exciting use cases of blockchain application in fintech, healthtech, investment banking, supply chain etc., as well as strengthen links between China’s own Greater Bay Area and other countries.

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations
technology

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations

The Edit LDN, a global sneaker marketplace based in London, has entered the metaverse by developing a premium store to drive its innovation a notch higher.

Turkish Government Announces Plans for National Blockchain Infrastructure
technology

Turkish Government Announces Plans for National Blockchain Infrastructure

The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.

Ex-FTX Execs Launch New Crypto Exchange Backpack
technology

Ex-FTX Execs Launch New Crypto Exchange Backpack

Former FTX executives, Can Sun, are launching Backpack Exchange in Dubai, aiming to raise $100 million for customer fund security and advanced technology.

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring
technology

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.

Majority of China's Tech Startups Are Exploring Blockchain Technology, Report Reveals
technology

Majority of China's Tech Startups Are Exploring Blockchain Technology, Report Reveals

South China Morning Post's Report shows Chinese firms are growing in the adoption and integration of blockchain technology

China Issues New ‘Bejing Action Plan’ to Accelerate the Inclusion of Blockchain in the Economy
technology

China Issues New ‘Bejing Action Plan’ to Accelerate the Inclusion of Blockchain in the Economy

The Chinese government issued a new “Beijing Action Plan” aiming to accelerate the inclusion of new emerging technologies in the country’s economy. China aims to leverage new technologies including artificial intelligence (AI), 5G, industrial internet, blockchain, big data, and others to promote the steady growth of Beijing’s economy post-pandemic.

Hong Kong Suffers Surge in Crypto Scams in 2022
technology

Hong Kong Suffers Surge in Crypto Scams in 2022

Hong Kong police reported a surge in crypto-related scams in 2022, with losses amounting to HK$1.7 billion ($216.6 million), up 106% from the previous year. The number of crypto-related scam cases reported in Hong Kong also surged by 67% from 2021. Such scams accounted for over 50% of the HK$3.2 billion ($407 million) stolen from city residents in technology crimes. The Hong Kong police CyberDefender website reported almost 23,000 cases of technology-related crimes in 2022. The use of cryptocurrency has made it more complicated for enforcement to track criminal funds, as fraudsters can hide their identities, transactions, and final destination.

Love is in the Chain: Could Blockchain be the Solution to People's Dating Woes?
technology

Love is in the Chain: Could Blockchain be the Solution to People's Dating Woes?

The dating scene, as it exists today, is a minefield. Fake profiles, catfishing, scammers, and just plain old rudeness puts many people off the very act of dating. But a relatively recent newcomer into the tech field might just be the solution to the inherent problems of today's dating environment. Can blockchain technology dating's best friend?

Generative AI in the UK Public Sector: A Comprehensive Analysis
technology

Generative AI in the UK Public Sector: A Comprehensive Analysis

A survey by the Alan Turing Institute shows a significant uptake of GenAI in the UK public sector, with diverse applications across healthcare, education, and more. While boosting productivity and offering new operational methods, challenges like unclear guidelines and varying attitudes towards AI persist.

Taurus raised $65 million
technology

Taurus raised $65 million

Credit Suisse, Deutsche Bank, Arab Bank Switzerland, and others invested $65 million in digital asset infrastructure provider Taurus.

Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency
technology

Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency

Sweden’s Riksbank announced that it had started testing an e-krona, taking one step closer to the release of a central bank digital currency.

Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet
technology

Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet

Ethereum developers discussed the technical issues that went wrong during the launch of Medalla testnet and that could have been improved to make the release smoother.

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
technology

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps

Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption
technology

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The World Economic Forum (WEF) published a report on the importance of blockchain in supply chain disruption amid the coronavirus pandemic. Although the report suggested that blockchain may not be able to support the damage caused by the impact of COVID-19 directly, it may help with supply chain visibility.

Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum
technology

Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum

Ethereum will be leveraged by Reddit, bringing blockchain technology to the online network for the first time ever through their partnership.

US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?
technology

US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?

As the antitrust hearing with tech giants Amazon, Apple, Facebook, and Google (Alphabet) continues, the question of whether decentralization will subsequently rise as a result of the legal tech-policy hearing has been brought up.

South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production
technology

South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production

The South Korean government has designated Andong City as a free trade zone for hemp production, leveraging a blockchain network.

Two Massachusetts Men Arrested And Charged To US Court For Supposed Social Media Frauds And Crypto Theft
technology

Two Massachusetts Men Arrested And Charged To US Court For Supposed Social Media Frauds And Crypto Theft

Two Massachusetts men had been arrested and charged to court on account of stealing victims' social media accounts and cryptocurrency through swapping their sims, hacking their computers, and other nameless techniques.

Cryptocurrency is Highly Influencing the Gaming Industry
technology

Cryptocurrency is Highly Influencing the Gaming Industry

Cryptocurrency is said to be the payment of the future. Since the introduction of Bitcoin in 2009, many industries have incorporated and accepted cryptocurrency as a reliable option for payment. With rising competition and seeing the concrete future in the business of digital currency, many cryptocurrency service providers are available to choose from.

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping
technology

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.

Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum
technology

Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum

On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the "Beijing Web 3.0 Innovation and Development White Paper (2023)" at the parallel forum of the Zhongguancun Forum titled "Web 3.0: Future Development of the Internet Industry."

BIS Advances Technology in Finance: Quantum, AI, and Green Initiatives for 2024
technology

BIS Advances Technology in Finance: Quantum, AI, and Green Initiatives for 2024

The Bank for International Settlements announces six innovative projects for 2024, focusing on quantum security, AI, and green finance, to enhance global financial system resilience.

Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono
technology

Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

Japan's Financial Services Agency (FSA) confirmed its plans for hiring Ryozo Himono as the new commissioner of the financial watchdog group.

Chinese Premier Li Qiang Advocates Ethical AI Boundaries at Davos
technology

Chinese Premier Li Qiang Advocates Ethical AI Boundaries at Davos

Chinese Premier Li Qiang at the Davos Forum calls for establishing ethical boundaries and good governance in AI development, emphasizing the need for global cooperation and inclusivity.

Signal Messaging App Now Accepts Bitcoin and Ether Donations
technology

Signal Messaging App Now Accepts Bitcoin and Ether Donations

Signal messaging app, which offers end-to-end encryption, has begun to accept cryptocurrency donations that will be used to support the platform.

Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm
technology

Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm

According to a market research report availed by P&S Intelligence, a business intelligence consulting services firm, the worldwide blockchain devices market was worth $0.3 billion in 2019 but is expected to surpass $23.5 billion by 2030.

China's Tencent Forms Alliance to Boost Blockchain Development in the Country
technology

China's Tencent Forms Alliance to Boost Blockchain Development in the Country

China remains a pacesetter in the technological landscape. The Chinese government as well as Chinese companies are all in tandem with the fight to push for a whole new world of technological dominance. This developmental posture is also true of Tencent, one of China’s technologically focused firms that announced it has formed an industrial alliance that will help promote the development of blockchain technology. The alliance is set to recruit 100 members before the end of the year to create room for wider representation.

HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform
technology

HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform

Multinational banking giant HSBC has revealed plans to issue digital bonds to corporates and financial institutions through its new proprietary tokenization platform called HSBC Orion.

Panama Looks to Legalize Bitcoin and Ethereum in Line with El Salvador
technology

Panama Looks to Legalize Bitcoin and Ethereum in Line with El Salvador

Panama has introduced a crypto bill with the aim to legalize Bitcoin and cryptocurrencies.

US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief
technology

US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief

Nine members of the US Congress advocated for the benefits of leveraging blockchain technology to counter the crisis brought upon by COVID-19.

Ethereum Dominates European Blockchain Startup Scene
technology

Ethereum Dominates European Blockchain Startup Scene

LeadBlock Partners, a European Venture Capital fund that invests in early-stage B2B Blockchain solutions, has announced that Ethereum is a prominent gamechanger among all the European blockchain startups.

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread
technology

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.

DeWave: Brain-to-Text AI Breakthrough Revolutionizing Communication
technology

DeWave: Brain-to-Text AI Breakthrough Revolutionizing Communication

DeWave, a revolutionary AI model, translates brain activity into text using EEG and AI, offering communication solutions for speech-impaired individuals with about 40% accuracy.

Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai
technology

Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai

Ant Financial, formerly known as Alipay and known renamed to ‘Ant Group’, has announced its intentions of launching an initial public offering (IPO) that would be featured both on the Shanghai Stock Exchanges' STAR board and the Stock Exchange of Hong Kong (HKEX/ SEHK).

Bitcoin-like Wisdom: Edward Snowden's Call for Algorithms to Replace Institutions
technology

Bitcoin-like Wisdom: Edward Snowden's Call for Algorithms to Replace Institutions

Edward Snowden's vision of AI and Bitcoin's financial revolution share a common theme of decentralization and replacing traditional institutions, highlighting concerns about surveillance and public trust.

Investors Interested in Digital Assets Despite Volatile Market
technology

Investors Interested in Digital Assets Despite Volatile Market

Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.

Billionaire Mark Cuban Thinks Ethereum Will "Dwarf" Bitcoin, ETH Sets New Record-High of Over $2,150
technology

Billionaire Mark Cuban Thinks Ethereum Will "Dwarf" Bitcoin, ETH Sets New Record-High of Over $2,150

Ethereum has soared to a new all-time high of over $2,150 and that has contributed in pushing the entire cryptocurrency market to $2 trillion.

Estee Lauder Uses Blockchain Technology to Further Beauty Solutions
technology

Estee Lauder Uses Blockchain Technology to Further Beauty Solutions

Estée Lauder Companies (ELC) has established a blockchain platform to meet sourcing standards for its Madagascan vanilla.

Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report
technology

Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report

Auditing firm KPMG has recently published its 2020 Global Emerging Technology Survey Report that identified a decline in investments into blockchain technology because of the coronavirus pandemic. However, the study predicts that the sector would be one of the industries, which would probably obtain the highest amount of investment in the next 12 months.

Blockchain's Adoption & Capabilities Increase against Fraud in Public Finance Sector
technology

Blockchain's Adoption & Capabilities Increase against Fraud in Public Finance Sector

Based on blockchain’s inherent capability of tackling fraudulent transactions, this cutting-edge technology is expected to continue being adopted in the banking and financial services sector, according to HashCash Consultants CEO Raj Chowdhury.

Blockchain for Gun Control in the US: The Great American Dilemma
technology

Blockchain for Gun Control in the US: The Great American Dilemma

Columbine, 1999. Sandy Hook, 2012, Las Vegas, 2017. Aurora, 2019. The list of mass shootings in the United States grows larger and deadlier every year. Blockchain can address the technological challenge of gun control, but a radical shift in American society's stance on guns is paramount.

Meta's Strategic AI Expansion with Nvidia GPUs and New Llama Model
technology

Meta's Strategic AI Expansion with Nvidia GPUs and New Llama Model

Meta plans to invest 350,000 H100 GPUs by 2024, enhancing its AI infrastructure, training the Llama 3 model, and restructuring its organization to drive AI-driven innovation.

SAP and GS1 to Establish Blockchain Prototype to Enhance Road Safety
technology

SAP and GS1 to Establish Blockchain Prototype to Enhance Road Safety

SAP and GS1 have created a blockchain prototype intended at the digitization of tire retread activities for better road safety. Notably, the blockchain network deployed will be instrumental in tracking tires’ life-cycle.

How Blockchain Technology is Shaping Digital Advertisements
technology

How Blockchain Technology is Shaping Digital Advertisements

There are thousands of ads everywhere, in our phones, applications, websites, there is hardly anywhere you would turn to (digitally) today without bumping into an ad, even when using ad blockers. According to Forbes, an average person is exposed to about 4,000 to 10,000 digital ads every day. They aren’t cheap; the standard ads we see every day on our phones cost billions.

Senate Banking Committee Democrats caution SoFi about deadlines
technology

Senate Banking Committee Democrats caution SoFi about deadlines

After purchasing Gold Pacific Bancorp, SoFi was awarded the status of bank holding company. Customers of SoFi's national bank may invest a portion of their direct deposits in digital assets without incurring fees. In investor protection documents, SoFi characterized one of the currencies it provides as "a crypto pump-and-dump" The writers seek an answer to these matters by December 8.

Bank of England Tests DLT Settlement System
technology

Bank of England Tests DLT Settlement System

The Bank of England and the BIS Innovation Hub London Center successfully tested a distributed ledger technology-powered settlements system through Project Meridian, which could be extended to other asset classes to reduce time, costs, and risks of transactions.

HSBC to Initiate Institutional Digital Assets Custody Service in 2024
technology

HSBC to Initiate Institutional Digital Assets Custody Service in 2024

HSBC plans to launch a digital assets custody service for institutional clients in 2024, partnering with Metaco to expand its digital offerings to include tokenised securities.

Researchers of Japan’s Blockchain-Based Digital Court Face Backlash Due to its Decentralized and Unregulated Nature
technology

Researchers of Japan’s Blockchain-Based Digital Court Face Backlash Due to its Decentralized and Unregulated Nature

Researchers in Japan have been looking into a blockchain-based mechanism to settle legal disputes in a “digital court,” aiming to perform legal actions with a more cost-efficient legal process.

Bakkt to Shift Focus to B2B Technology Solutions
technology

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.

China’s Central Bank Official Urges the Acceleration of Digitization of the Chinese Economy with Blockchain
technology

China’s Central Bank Official Urges the Acceleration of Digitization of the Chinese Economy with Blockchain

China’s central bank, the People’s Bank of China (PBoC) Financial Technology Committee held its first meeting of the year this week, after months of delay due to the coronavirus pandemic. Fan Yifei, the PBoC’s deputy governor echoed President Xi Jinping’s call for the acceleration of the country’s blockchain development adoption. The president pointed out that it is necessary to strengthen fundamental research of blockchain technology and enhance innovation, enabling China to take a leading position in the blockchain field. The bank’s deputy governor met with the central bank’s officials as well as the heads of their affiliated financial institutions. Fan emphasized the importance of blockchain and financial technology (FinTech) industries and wanted to ensure China’s adoption plan would be laid out and implemented by 2021 to be in line with the deadline they have set out.

Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud
technology

Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud

After pleading guilty to two charges of conspiracy to conduct wire fraud, former Coinbase product manager Ishan Wahi will spend at least three years.

AI Nude Generators: Technology, Tools, and Privacy Concerns
technology

AI Nude Generators: Technology, Tools, and Privacy Concerns

AI nude generators are software tools that use deep learning models to create realistic nude images, including anime characters and mythical beings. These tools can be categorized into general AI image generators, inherent NSFW AI image generators, and dedicated AI nude or clothes remover tools. However, concerns about legality, security, and privacy arise from the potential misuse of these tools. Companies like Stability AI, SoulGen, OnlyFakes, DeepNudeNow, and DeepSukebe have secured funding for their open-source systems.

Coca-Cola Bottlers Acquires SAP’s Blockchain Technology to Streamline Soda Supply Chain Processes
technology

Coca-Cola Bottlers Acquires SAP’s Blockchain Technology to Streamline Soda Supply Chain Processes

The current breaking news indicates that Coca-Cola bottlers now is rolling out SAP’s blockchain to make its supply chain more efficient and transparent.

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS
technology

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

Hyperledger Fabric, Ethereum, EOS, ChainSQL, WeBank’s FISCO BCOS, and Baidu’s Xuperchain are also planned to be added to the “ecosystem play,” and “internet environment,” as explained by Zhiguang Shan, the Chairman of the BSN’s Development Association. This network of blockchains will be available for those who are interested to take part in it, including small to medium-sized businesses.

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime
technology

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

The Criminal Investigation Division(CID) of the IRS are actively hiring private contractors to study and analyze privacy coins, as there has quite been a lot of fraudulent activities revolving around their usage.

Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat
technology

Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat

Ripple’s CTO David Schwartz discussed the key role Ripple (XRP) tokens and other cryptocurrencies would play in a market where CBDC was becoming a hot topic.

Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie
technology

Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie

Reports of Baidu’s AI chatbot Ernie Bot undergoing military testing led to an 11.5% drop in its stock, reflecting investor concerns over potential U.S. sanctions and the intricate challenges facing Chinese AI companies in the global tech landscape.

The French Army Validates its Judicial Expenses via Tezos Blockchain
technology

The French Army Validates its Judicial Expenses via Tezos Blockchain

The French Army has revealed that it has been using the Tezos Blockchain to authenticate its judicial expenses through a smart contract. This development makes Tezos the first blockchain to be used for operative intentions by a public entity.

Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?
technology

Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?

Libra is moving away from its original plan of permissionless digital currency, widely accessible for the public, due to ongoing unprecedented hardship. Libra will be moving towards a coin that would be subject to foreign exchange controls and regulations.

Signature Bank Launches New Digital Payments Technology Platform—Signet
technology

Signature Bank Launches New Digital Payments Technology Platform—Signet

In a press release disclosed with Blockchain.news, New York-based Signature Bank announces that it is planning to launch Signet, its digital payments platform, on the Fireblocks network.

ACCESS Becomes World’s First Organization to Deploy Blockchain Voting in Annual General Meeting
technology

ACCESS Becomes World’s First Organization to Deploy Blockchain Voting in Annual General Meeting

The Association of Cryptocurrency Enterprises and Start-ups, Singapore (ACCESS), a non-profit organization for the cryptocurrency and blockchain sector in Singapore, has set the ball rolling as the first institution across the globe to utilize blockchain technology for an Annual General Meeting (AGM).

AI's Mainstream Impact and Workforce Dynamics in 2023
technology

AI's Mainstream Impact and Workforce Dynamics in 2023

2023 was a transformative year for the workforce, marked by AI becoming mainstream, changes in job roles and hiring processes, the rise of hybrid work models, the decline of corporate jargon, and notable increases in job interview compensation.

The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse
technology

The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse

With the metaverse expected to be worth between $8 trillion and $13 trillion by 2030, virtual world gaming platforms The Sandbox and FlickPlay have joined hands to enhance its adoption by offering players a blockchain asset.

Combining Blockchain with IoT and AI can Trigger More Accurate Weather Forecast, HashCash CEO Says
technology

Combining Blockchain with IoT and AI can Trigger More Accurate Weather Forecast, HashCash CEO Says

For accurate futuristic decision-making in weather forecasting, blockchain ledgers should be integrated with artificial intelligence (AI) and the internet of things (IoT), according to HashCash Consultants CEO Raj Chowdhury.

Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023
technology

Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023

Unilever, the consumer goods company that owns brands such as Ben & Jerry’s, Dove, Vaseline, Knorr, and other well-known brands, has announced that it will be leveraging blockchain to tackle deforestation.

China Looking into the Application of Blockchain and AI for Cross-Border Financing
technology

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China is researching the application of blockchain technology and artificial intelligence in cross-border financing, focusing on risk management.

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China
technology

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks
technology

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.

Debunked: The 7 Most Common Myths About Cryptocurrencies
technology

Debunked: The 7 Most Common Myths About Cryptocurrencies

Although cryptocurrencies have been around for quite some time, many people still find them confusing. In part, that is definitely due to the fact that there are many common myths about them that people take to be true.

India’s Tea Board Contemplates Using Blockchain to Stamp Out Tea Adulteration
technology

India’s Tea Board Contemplates Using Blockchain to Stamp Out Tea Adulteration

India’s Tea Board seeks to mitigate the problem of tea adulteration by using blockchain technology as this will enhance consumers’ experience, as well as preserve the reputation of the Indian tea. Moreover, the consumption of tea in this nation will be boosted through an improved experience.

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance
technology

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services.

Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs
technology

Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs

Bank of Canada researchers do not feel that the current state of zero-knowledge-proofs is mature enough to be integrated into their development plans for a Central Bank Digital Currency (CBDC).

ADB Launches Blockchain Project for Cross-Border Securities Transactions in APAC
technology

ADB Launches Blockchain Project for Cross-Border Securities Transactions in APAC

Asian Development Bank (ADB) is going to initiate a blockchain-powered project to connect securities depositories and central banks in the APAC region.

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI
technology

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.

UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application
technology

UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application

Triad, a notable UK provider of IT consultancy services and technology solutions, has partnered with Stratis, a London-based enterprise blockchain technology company, for blockchain-enabled solutions to organizations including a parcel tracking application.

Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS
technology

Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS

The blockchain infrastructure company running the core of the Ethereum network has delayed the planned hard fork launch until September 6th. 

Nigerian Crypto Community Affected by Paxful Shutdown
technology

Nigerian Crypto Community Affected by Paxful Shutdown

The closure of Paxful, a peer-to-peer cryptocurrency marketplace, has left the Nigerian crypto community searching for alternatives. Nigeria, ranked eighth in crypto adoption, was significantly impacted by Paxful's pioneering use of peer-to-peer technology. Members of the community expressed concern over the future of crypto marketplaces and the fate of their funds.

The Development of Blockchain Chips
technology

The Development of Blockchain Chips

The new "fully homomorphic encryption" chip will let users operate on data without decrypting it.

NFTs can Help Patients Have Significant Control of Personal Health Data: Global Scholars
technology

NFTs can Help Patients Have Significant Control of Personal Health Data: Global Scholars

A global and multidisciplinary team of scholars have released a publication noting that NFTs have the capability of spreading their wings to the healthcare sector by helping patients safeguard their personal health information.

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund
technology

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

Bangladesh has expressed its intentions to send 100 new graduates for Blockchain training in Japan and India according to reports by Bangladesh’s English-language newspaper The Daily Star on Aug 4.

Cryptocurrency Adoption Is Growing, But US Needs To Adopt A Solid Blockchain Policy
technology

Cryptocurrency Adoption Is Growing, But US Needs To Adopt A Solid Blockchain Policy

In order to be ahead of other countries in the ever-growing industry of blockchain, the US needs to come up with an enforceable and consistent blockchain policy.

Alternatives of USDT Gained Wider Merchant Access including Microsoft
technology

Alternatives of USDT Gained Wider Merchant Access including Microsoft

Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.

Google's Lumiere AI: Ideal for Realistic Video Generation
technology

Google's Lumiere AI: Ideal for Realistic Video Generation

Google unveils Lumiere, an advanced AI model for realistic video generation using a Space-Time Diffusion Model and STUNet architecture, outperforming existing models in quality and user preference.

Could Blockchain be a Solution for Mail-In Voting Issues and Election Ballot Counting Fraud?
technology

Could Blockchain be a Solution for Mail-In Voting Issues and Election Ballot Counting Fraud?

Amid the misinformation circulating in response to the US presidential elections, blockchain technology has been brought up as a solution to prevent voter fraud.

ChatGPT Poised to Challenge Google Assistant on Android Devices
technology

ChatGPT Poised to Challenge Google Assistant on Android Devices

OpenAI's ChatGPT may soon challenge Google Assistant's role as the default voice assistant on Android, signaling a significant shift in the digital assistant sector and underscoring AI's growing impact in technology.

Council of Europe Adopts Groundbreaking AI Guidelines for Journalism
technology

Council of Europe Adopts Groundbreaking AI Guidelines for Journalism

The Council of Europe has adopted new guidelines for responsible AI use in journalism, emphasizing human rights and rule of law in the news media sector.

Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM
technology

Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM

Mercado Libre, a publicly traded retail giant based in Argentina, has injected an undisclosed sum of money into two regional cryptocurrency-focused firms, Paxos and 2TM Group.

DEVITA Goes Live on Polygon for Equitable Healthcare and Speedy Data Transmission
technology

DEVITA Goes Live on Polygon for Equitable Healthcare and Speedy Data Transmission

To maximize healthcare operations and processes through the latest innovations in NFT and decentralized identification (DID) technologies, DEVITA has joined the Polygon network.

Biden urges technology firms to prioritize safety in AI development
technology

Biden urges technology firms to prioritize safety in AI development

US President Joe Biden has called for technology companies to prioritize safety when developing and releasing artificial intelligence (AI) products. He acknowledged the potential benefits of AI in addressing global issues, but emphasized the need to address risks to society, national security, and the economy. Biden also urged Congress to approve non-partisan privacy laws that prioritize health and safety in product development.

Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin
technology

Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin

Darknet digital marketplace Empire Market appears to have exit scammed and made off with a hefty profit of 2,638 Bitcoin (BTC).

Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
technology

Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors

Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.

Ethereum Stands at the Forefront of Web 3.0 Development, Attracting Over 700 Developers to Join Monthly
technology

Ethereum Stands at the Forefront of Web 3.0 Development, Attracting Over 700 Developers to Join Monthly

As the leading decentralized finance (DeFi) ecosystem, Ethereum (ETH) constantly draws between 20% to 25% of developers eyeing Web 3.0.

US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost
technology

US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost

US grants $162M to Microchip Technology, bolstering domestic semiconductor production under the CHIPS & Science Act.

Asia Crucial to Web3 Gaming Industry
technology

Asia Crucial to Web3 Gaming Industry

A report by DappRadar highlighted the importance of Asia in the Web3 gaming industry, due to the region's majority share of gamers and gaming revenue, as well as its high interest in blockchain technology. While China prohibits gaming companies from integrating blockchain technology, Japan and South Korea are leading the way in adopting blockchain technology in gaming.

Why Multimodal Large Language Models (MLLM) is promise for Autonomous Driving?
technology

Why Multimodal Large Language Models (MLLM) is promise for Autonomous Driving?

The integration of MLLMs in autonomous driving could revolutionize the global economy, with ARK's research suggesting a potential GDP increase of 20% over the next decade, driven by safety improvements, productivity gains, and a shift to electric vehicles.

Alibaba’s Plan to Digitize the Services Industry to Rival Tencent Involves Blockchain
technology

Alibaba’s Plan to Digitize the Services Industry to Rival Tencent Involves Blockchain

Alibaba subsidiary Ant Group CEO Simon Hu is accelerating Alipay’s progression into an online mall for commerce, food, travel services to rival Tencent Holdings Ltd.

ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains
technology

ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains

ENS Domains introduces the EVM Gateway, an open-source platform enhancing interoperability between L1 and L2 chains, promoting a more connected and efficient blockchain ecosystem.

Cathie Wood Joins Amun Crypto Technology Firm's Board
technology

Cathie Wood Joins Amun Crypto Technology Firm's Board

Cathie Wood, a seasoned Wall Street investor, has joined Amun’s board of directors after personally investing in the parent company.

nChain CEO Departs Accusing Dr. Craig Wright of Fraud
technology

nChain CEO Departs Accusing Dr. Craig Wright of Fraud

Christen Ager-Hanssen resigns as nChain's Group CEO, alleging serious internal issues and a conspiracy to defraud shareholders. He accuses Dr. Craig Wright of deceiving courts about being Satoshi Nakamoto, leading to a significant reaction from the cryptocurrency community. Discussions also touch on Ager-Hanssen’s past involvement with Algorand and the implications of his revelations on the Bitcoin SV community.

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials
technology

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own
technology

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares.

Nomura's Laser Digital Partners with WebN Group to Launch Libre Protocol on Polygon
technology

Nomura's Laser Digital Partners with WebN Group to Launch Libre Protocol on Polygon

Nomura's Laser Digital and WebN Group have unveiled the Libre protocol, a fund tokenization infrastructure powered by Polygon technology, set to launch in Q1 2024. The protocol aims to revolutionize the management and distribution of alternative investments, with Brevan Howard and Hamilton Lane as initial users.

The Fourth Belt and Road Summit 2019 –  FinTech Cultural Revolution for Inclusive and Green Finance
technology

The Fourth Belt and Road Summit 2019 – FinTech Cultural Revolution for Inclusive and Green Finance

The fourth Belt and Road Summit jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council was held on 11 to 12 September at the Hong Kong Convention and Exhibition Centre. With around 5000 government officials, professionals and entrepreneurs from 69 countries attended the summit, opportunities and innovations were shared and explored.

Top 5 Bitcoin Casino Sites in 2020
technology

Top 5 Bitcoin Casino Sites in 2020

As we delve into this year's best online Bitcoin casinos, you'll discover the most worthwhile bonuses, the best selections of games and where to play safely.

ChatGPT Secures Top Spot as the Most-Viewed English Wikipedia Article of 2023
technology

ChatGPT Secures Top Spot as the Most-Viewed English Wikipedia Article of 2023

In 2023, ChatGPT's Wikipedia page achieved the highest English article view with over 49 million views, marking a significant increase in public interest in AI technology.

Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub
technology

Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub

Dubai is reaping the dividends of new tech investments because it has laid the ground for a post-pandemic boom through a business-friendly and low taxes environment.

Is Blockchain the Solution for Trust in Healthcare?
technology

Is Blockchain the Solution for Trust in Healthcare?

Currently, in 2020, it is clear that Blockchain is still in the development stage. Handling large volumes of data, as well as app and device development for users all, remain ongoing, yet the potential is vast.

CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed
technology

CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed

CharacterX, a Stanford-initiated decentralized AI social network, secures $2.8M funding, blending AGI and blockchain to innovate social interactions, with significant user growth and technological advancements.

General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map
technology

General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map

Major car manufacturer American multinational corporation General Motors filed a patent on October 1, 2018, which uses the application of blockchain technology and integrates vehicle sensors to build a much-improved navigation map for autonomous vehicles.

Chainalysis Releases Crypto Market Intelligence Site Catered to Asset Managers and Regulators
technology

Chainalysis Releases Crypto Market Intelligence Site Catered to Asset Managers and Regulators

Blockchain analysis firm Chainalysis released Market Intel, a new website catered to asset managers and regulators for access to live crypto data and insights. Chainalysis’ Market Intel will leverage the firm’s proprietary data, which has been collecting and linking to real-world entities since 2014.

Chiliz (CHZ) and K League Forge Partnership for Enhanced Fan Engagement and Global Expansion
technology

Chiliz (CHZ) and K League Forge Partnership for Enhanced Fan Engagement and Global Expansion

K League partners with Chiliz to enhance fan engagement and global outreach through blockchain technology, integrating 'K League Fantasy' into the Chiliz Chain.

Metaverse Hits Top 10 Strategic Technology Trends for 2023: Gartner
technology

Metaverse Hits Top 10 Strategic Technology Trends for 2023: Gartner

A study shows that the metaverse would remain one of the hot topics in the fintech industry. Metaverse also would be top ten strategic technology trends for 2023.

Is Blockchain the Missing Piece Needed in Curbing Illegal Fishing?
technology

Is Blockchain the Missing Piece Needed in Curbing Illegal Fishing?

Illegal fishing is a predicament that is at times in oblivion despite it endangering marine ecosystems as it distorts their sustainability and biodiversity. Blockchain offers a distributed ledger technology (DLT) that can be helpful in fish tracking from the time it was captured to the moment it is consumed, and this approach can be instrumental in eradicating illegal fishing.

Singapore AGC Launches Tech and Crypto Crime Task Forces
technology

Singapore AGC Launches Tech and Crypto Crime Task Forces

Singapore's Attorney-General's Chambers has established two specialized task forces to combat technology-enabled and technology-facilitated crimes. These units, formed this year, consist of around 20 prosecutors trained in handling digital evidence and understanding the nuances of tech-related criminal activities.

Sri Lanka’s Central Bank Shortlists Three Tech Firms to Develop Blockchain PoC for KYC Optimization
technology

Sri Lanka’s Central Bank Shortlists Three Tech Firms to Develop Blockchain PoC for KYC Optimization

The central bank of Sri Lank has selected three tech companies to develop a proof-of-concept for shared know-your-customer platform using blockchain.

How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?
technology

How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?

Blockchain, along with the internet of things (IoT) trackers and sensors, could reduce costs for retailers. New data from Juniper research showed that blockchain will be essential to $31 billion in “food fraud savings” by 2024 by tracking food across the supply chain.

Australia and Singapore Authorities Completes Trial for Blockchain-based Cross-Border Document Verification
technology

Australia and Singapore Authorities Completes Trial for Blockchain-based Cross-Border Document Verification

Australian and Singaporean authorities have conducted a blockchain trial for cross-border digital trade document verification.

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe
technology

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

With disruptive technology including blockchain being continuously deployed to tackle the coronavirus COVID-19 pandemic, the World Health Organization (WHO) has chosen to partner with leading technology and blockchain companies to build a distributed ledger technology-based platform to share data.

Offshore Tax Invasion Continues to be Investigated by OECD
technology

Offshore Tax Invasion Continues to be Investigated by OECD

The Organization for Economic Co-operation and Development (OECD) thinks that cryptocurrency might be the solution in preventing large scale tax evasion activities that are ongoing all over the world.

Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology
technology

Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology

The Nanshan government of Shenzhen, in the southern Guangdong province in China, has recently announced an agreement with electronics giant Huawei Technologies to establish an information technology center, accelerating the application of technologies including blockchain, artificial intelligence in the district.

IBM Blockchain Technology Used for Salmon Traceability By Cermaq and Labeyrie
technology

IBM Blockchain Technology Used for Salmon Traceability By Cermaq and Labeyrie

Conscious consumerism is a term continuously making waves because people are becoming more keen on what they consume. For instance, they are concerned about the origin, safety, and nutritional value of what they drink and eat.

Cardano Nodes Go Offline for Half an Hour
technology

Cardano Nodes Go Offline for Half an Hour

Stake pool operators reported 50% of Cardano nodes disconnecting and restarting due to anomaly. Cardano's fintech business is investigating the anomaly's cause.

Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain
technology

Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain

Samsung device users can now securely store the private keys of their cryptocurrency wallet on their phone, with a recent add-on feature by the Stellar Development Foundation (SDF).

Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive
technology

Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive

The Hong Kong government warns against AI-generated scams, including a deepfake video of Chief Executive John Lee, urging public vigilance and caution.

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform
technology

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

Shanghai’s high court has started using blockchain technology to record hearings as part of its court record reform pilot. During the meeting on the reform of court records, participants took part in observing the whole process of the court trial of a dispute over the equity transfer contract heard by the Shanghai Minhang District People’s Court.

Nigerian President-elect's Manifesto Includes Blockchain and Crypto Regulations
technology

Nigerian President-elect's Manifesto Includes Blockchain and Crypto Regulations

Nigerian President-elect Bola Tinubu has released a manifesto proposing the implementation of blockchain technology and cryptocurrencies in Nigeria's banking and finance sector. The manifesto suggests reforming existing Nigerian Security Exchange Commission regulations to create a more business-friendly framework for regulating digital assets. The proposed regulations would require digital asset companies to register with the SEC and comply with SEC regulations. The release of the manifesto coincides with the increasing adoption of cryptocurrencies in Nigeria, with the government hoping that the proposed SEC regulation reforms will attract more investors in the digital and economic sectors and stimulate economic growth.

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services
technology

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.

R3 CTO Explains—Permissionlessness: A Simple Concept With Profound Implications
technology

R3 CTO Explains—Permissionlessness: A Simple Concept With Profound Implications

Consider some of the unusual or unique things about the Bitcoin network. First, if you have an internet connection then you can transact using Bitcoin without needing the services or approval of anybody else to do so. Secondly, if you run a full node, there’s nobody upon whom you must rely to validate any information you receive; you can fully check it for yourself.

Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward
technology

Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward

The Central Bank of Brazil is planning the potential issuance of a Central Bank Digital Currency (CBDC) by setting up a research study group.

Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain
technology

Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain

Thailand’s Trade Policy and Strategy Office (TPSO) has revealed its intentions of using blockchain technology to trace agricultural products from farms to export as this will optimize buyers’ confidence.

Determinism: The Philosophy of Blockchain
technology

Determinism: The Philosophy of Blockchain

Determinism, free will, and blockchain? What do these seemingly disparate concepts have in common? A lot, as it turns out.