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
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Mistral AI launches Non-Production License to balance innovation and business growth.
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
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
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
NVIDIA Isaac robotics platform sees adoption by industry leaders like BYD Electronics, Siemens, and Intrinsic.
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
Claude AI is now accessible in Canada via multiple platforms.
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
Exploring the concept and transformative potential of Artificial General Intelligence (AGI).
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
AI tools enhance efficiency in healthcare scheduling, providing more time for patient care.
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
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
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
Stability AI reveals Stable Diffusion 3 at Computex Taipei, alongside major tech announcements from AMD, Intel, and Nvidia.
Developers Harness Technology to Tackle Global Emergencies
Communities of developers are leveraging technology to address global emergencies, from wildfires to refugee support.
Neural Radiance Fields (NeRFs) Revolutionize 3D Modeling from 2D Images
NeRFs leverage AI to convert 2D images into hyperrealistic 3D models, potentially transforming digital imagery.
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
OKX's Jason Lau highlights tech innovations and regulatory insights shaping the future of crypto.
Nordic Service Partners Leverages Oracle Cloud to Enhance KFC Operations
NSP integrates Oracle Simphony Cloud POS to boost KFC operations.
Oracle Cloud Empowers Restaurants with Advanced POS Solutions
Restaurants enhance operations and customer experiences with Oracle Simphony Cloud POS.
Anthropic Explores Challenges and Methods in AI Red Teaming
Anthropic discusses insights and challenges in AI red teaming, aiming for standardized practices.
WriterDuet Integrates Leonardo's AI to Revolutionize Screenwriting
WriterDuet uses Leonardo.AI's generative technology to enhance screenwriting with AI-powered visuals and trailers.
NVIDIA and Stanford Collaborate to Develop Lightweight XR Glasses Using AI
NVIDIA and Stanford create AI-driven lightweight XR glasses, revolutionizing optical design.
Top 10 Uses of Streaming Speech-to-Text Technology Today
Discover how streaming speech-to-text technology is revolutionizing various industries.
NVIDIA Introduces AI-Driven Supply Chain Management with NIM Technology
NVIDIA unveils AI-powered solutions to enhance supply chain efficiency using NIM technology, integrating LLM, NeMo Retriever, and cuOpt.
Deep Learning Models Fall Short of Achieving True AGI, SingularityNET (AGIX) Reports
Despite advancements, current deep learning models struggle to achieve the comprehensive capabilities needed for artificial general intelligence (AGI), according to SingularityNET (AGIX).
Character.AI Enhances AI Inference Efficiency, Reduces Costs by 33X
Character.AI announces significant breakthroughs in AI inference technology, reducing serving costs by 33 times since launch, making LLMs more scalable and cost-effective.
Ripple (XRP)'s Study Reveals Key Insights into Payment Reconciliation Challenges
Ripple (XRP)'s research identifies common pain points in payment reconciliation, emphasizing the need for data accuracy, efficient reporting, and better user experience.
OpenAI Introduces Holistic Approach to Content Moderation with New NLP System
OpenAI unveils a comprehensive natural language processing system aimed at enhancing real-world content moderation.
OpenAI Introduces Consistency Model to Improve Generation Speed
OpenAI unveils the Consistency Model, promising faster generation in image, audio, and video fields by overcoming limitations of traditional diffusion models.
IOTA Announces Major Leadership Changes to Drive Future Growth
IOTA Foundation reshuffles leadership, appointing Dr. Navin Ramachandran to the Supervisory Board and Dr. Christoph Strnadl to head Technology Adoption.
OpenAI Introduces Innovative Sales Prospecting Tool
OpenAI unveils a groundbreaking sales prospecting tool aimed at revolutionizing the sales industry through advanced AI capabilities.
Meta Launches Dedicated AI Blog to Share Latest Innovations
Meta has introduced a new blog focused on artificial intelligence, offering updates on the latest advancements and projects in the AI field.
Anthropic Unveils Claude 3.5 Sonnet: Advancing AI Capabilities
Anthropic introduces Claude 3.5 Sonnet, setting new industry benchmarks for intelligence, speed, and cost-effectiveness.
Infer.so and ElevenLabs Unveil Groundbreaking Multimodal AI Voice Bot
Infer.so partners with ElevenLabs to create the world's first multimodal AI voice bot, revolutionizing industries like e-commerce and fintech with lifelike voice interactions.
NetSuite Introduces SuiteSuccess Healthcare Edition to Boost Efficiency and Patient Care
NetSuite launches SuiteSuccess Healthcare Edition to streamline processes, enhance decision-making, and support HIPAA compliance.
Thon Hotels Adopts Oracle Cloud for Enhanced Operations and Growth
Thon Hotels has migrated to Oracle's OPERA Cloud platform to streamline operations and improve guest services across its portfolio.
Google Expands AI Tools to Support Students and Educators Globally
Google unveils AI-powered tools for students and educators, including Gemini, expanding to over 100 countries to enhance classroom experiences.
Google Unveils New AI Tools for Workspace for Education
Google announces the introduction of AI tools like Gemini for Google Workspace for Education, aiming to enhance learning and safety for teen students.
NVIDIA: EvolutionaryScale Unveils ESM3 Generative AI Model for Protein Design
EvolutionaryScale launches ESM3, an advanced AI model for protein design, leveraging NVIDIA's H100 GPUs to accelerate biological research.
HKMA Hosts Seminar on Banking Sector Support for SMEs
The HKMA, along with key banking associations, hosted a seminar to discuss support measures for SMEs, benefiting around 7,000 businesses with over HK$15 billion in credit.
Sui Blockchain Founders Showcase Expertise Under Pressure at Red Bull Racing Simulator
Sui blockchain's founders answer technical questions while driving high-speed laps at the Sui Basecamp event, showcasing their expertise under pressure.
Oracle Recognized as Leader in Three 2024 Gartner Magic Quadrant Reports
Oracle has been named a Leader in the 2024 Gartner Magic Quadrant for Transportation Management Systems, Supply Chain Planning Solutions, and Warehouse Management Systems.
Artificial General Intelligence (AGI) Nearer Than Expected, Experts Say
Experts suggest AGI could be achieved in 3-8 years, driven by rapid technological advancements and global collaboration.
Chainlink (LINK) Announces Block Magic Hackathon Winners
Chainlink (LINK) reveals the winners of its Block Magic Hackathon, awarding over $500K in prizes to innovative projects.
NVIDIA's GauGAN: Pioneering the Generative AI Landscape
NVIDIA's GauGAN demo has set the stage for a new wave of generative AI applications, transforming creative workflows with photorealistic image generation.
Navigating Autonomy in AGI Systems: Balancing Capability and Responsibility
Exploring the balance between autonomy and capability in Artificial General Intelligence (AGI) systems, and its implications on safety, ethics, and human collaboration.
Exploring AGI Creativity: How AI Mimics Human Innovation
Delving into how AGI can mimic human creativity, examining AI's limitations and potential in replicating human-like innovation.
Zengo Wallet Integrates THORChain for Low-Fee, Secure Self-Custodial Swaps
Zengo Wallet launches an in-wallet swap solution powered by THORChain, offering low-fee and secure self-custodial swaps for users.
Emerging Trends in Human-AI Collaboration: A Glimpse into the Future
Exploring potential trends in human-AI collaboration, from AI-driven creativity to smart cities, as AI systems continue to advance.
Prover-Verifier Games Enhance Clarity of Language Model Outputs
OpenAI introduces Prover-Verifier Games to improve the clarity and legibility of language model outputs, potentially transforming AI communication.
Together AI Unveils Inference Engine 2.0 with Turbo and Lite Endpoints
Together AI launches Inference Engine 2.0, offering Turbo and Lite endpoints for enhanced performance, quality, and cost-efficiency.
Character.AI Introduces Character Calls for Seamless Voice Conversations
Character.AI launches Character Calls, allowing users to have two-way voice conversations with AI characters, enhancing user interaction and personalization.
ElevenLabs' AI Narration Boosts Audiobook Sales for Bestselling Author Leeanna Morgan
ElevenLabs' AI voice technology aids bestselling author Leeanna Morgan in converting her novels into audiobooks, significantly boosting sales.
Women in Southeast Asia Leverage AI and Tech Skills for New Career Opportunities
Microsoft's AI and digital skilling programs are empowering women across Southeast Asia, opening doors to new career opportunities.
LangChain: Understanding Cognitive Architecture in AI Systems
Explore the concept of cognitive architecture in AI, outlining various levels of autonomy and their applications in LLM-driven systems.
NVIDIA Powers Las Vegas Sphere with Cutting-Edge Display Technology
NVIDIA's advanced GPUs and networking solutions power the Las Vegas Sphere, delivering unmatched immersive experiences with high-resolution displays.
IBM Quantum Advances with Scalable Error-Corrected Systems
IBM Quantum is progressing towards practical quantum advantage with scalable, error-corrected systems, focusing on mitigating noisy qubits.
IOTA Foundation Explores DAG Technology to Overcome Blockchain Limitations
The IOTA Foundation's 'Beyond the Chain' workshop at Trinity College Dublin delved into how DAG technology can solve blockchain inefficiencies.
ElevenLabs Unveils Turbo v2.5: Enhanced Text-to-Speech in 32 Languages
ElevenLabs launches Turbo v2.5, offering low-latency text-to-speech in 32 languages, including new support for Vietnamese, Hungarian, and Norwegian.
NVIDIA Introduces Instant RM for Rapid and Differentiable Radio Maps
NVIDIA's Instant RM offers high-performance, differentiable radio maps, significantly accelerating wireless network optimization using advanced ray tracing technologies.
Special Olympics Embraces Tech Evolution Led by Athletes
Special Olympics athletes are spearheading a tech transformation to enhance inclusivity and streamline operations, leveraging tools like Microsoft Dynamics 365.
OpenAI Introduces SearchGPT Prototype for Enhanced AI Search Features
OpenAI launches SearchGPT, a new AI search prototype aimed at delivering fast and accurate responses with clear and relevant sources.
Meta Llama Boosts Conversational Abilities of AI Study Buddy on WhatsApp and Messenger
Meta AI's new enhancement allows students to receive conversational help with schoolwork via WhatsApp and Messenger.
Georgia Tech’s AI Makerspace Prepares Future Workforce with Advanced AI Training
Georgia Tech's AI Makerspace equips students with cutting-edge AI skills, preparing them for the future workforce, according to NVIDIA's AI Podcast.
Meta Unveils Llama 3.1: Enhanced AI Models with Multilingual Support
Meta introduces Llama 3.1, featuring expanded context length and support across eight languages, including the pioneering 405B open-source AI model.
Pantera Capital Explores Democratizing Negotiation in Latest Article
Pantera Capital discusses the impact of democratizing negotiation within the financial sector, emphasizing the role of technology and innovation in their latest article.
ElevenLabs Expands Language Support to Include Hungarian, Vietnamese, and Norwegian
ElevenLabs announces the addition of Hungarian, Vietnamese, and Norwegian to its language support, now totaling 32 languages, enhancing audio creation capabilities.
NVIDIA NIM Microservices Revolutionize AI Model Deployment
NVIDIA NIM microservices are accelerating AI application development across various industries, offering optimized solutions for speech, translation, retrieval, digital biology, and more.
Exploring the Advances in Automatic Speech Recognition (ASR) Technology
Discover the latest advancements in Automatic Speech Recognition (ASR), including efficiency improvements and key considerations for choosing the best Speech-to-Text solutions.
New AI Tool Enhances Video Accessibility for Blind and Low-Vision Users
An innovative AI system, SPICA, revolutionizes video accessibility for blind and low-vision users with interactive, layered audio descriptions.
Google's Gemini AI Transforms Android Experience
Google introduces Gemini AI to enhance Android's functionality with a focus on privacy and on-device processing.
Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining
Canaan Inc. announces participation in Rosenblatt's 4th Annual Technology Summit, focusing on AI and Bitcoin mining ASICs.
Figure Launches Advanced Humanoid Robot Leveraging NVIDIA AI for Autonomous Tasks
Figure has unveiled its next-gen Figure 02 humanoid robot, utilizing NVIDIA Omniverse and GPUs for enhanced AI capabilities and autonomous operations.
Google Unveils AI-Enhanced Pixel 9 and Pixel 9 Pro Fold at Made by Google 2024
Google's 2024 event highlights AI advancements in Gemini, Android, and new Pixel devices including Pixel 9 and Pixel 9 Pro Fold.
Grok-2 AI Models Introduced by x.ai, Offering Advanced Capabilities
x.ai launches Grok-2 and Grok-2 mini, advanced AI models with text and vision understanding, available for premium users and developers.
Character.AI Introduces Prompt Poet to Revolutionize Prompt Design
Character.AI unveils Prompt Poet, a tool designed to streamline prompt design for developers and non-technical users, enhancing AI interactions.
SFC and Exchange Announce Changes to Specialist Tech Companies and de-SPAC Transactions Requirements
The SFC and Exchange have jointly announced modifications to the requirements for specialist technology companies and de-SPAC transactions.
Adept Unveils Advanced AI Agents with Multimodal Capabilities
Adept introduces AI agents powered by Adept Workflow Language (AWL) to streamline complex web interactions and enterprise automations.
Examining the Costs of AI Video Generation Platforms: A Comprehensive Breakdown
Analyze the costs of AI video generation platforms like Leonardo.AI, DeepAI, and InVideo. Learn about plans, features, and pricing to make an informed choice.
Understanding the Cost of AI Image Generation Apps: A Detailed Guide
Explore the pricing, features, and subscription plans of top AI image generation apps like Craiyon, Leonardo.Ai, and DeepAI.
IBM Research Unveils Advanced AI Hardware Innovations
IBM Research is developing cutting-edge devices and architectures to meet the increasing processing demands of AI.
Smart Ways Students Are Leveraging AI to Enhance Learning
Explore how students are using AI to enhance learning, with insights from parents and teachers on responsible AI usage.
ElevenLabs Unveils AI-Generated Sound Effects Library
ElevenLabs has launched a community library of AI-generated sound effects, featuring 38 categories for users to explore.
Fabless Chip Designers Revolutionizing the Semiconductor Industry
Fabless semiconductor companies focus on design and innovation, offering agility and scalability in a competitive market. Discover their impact on the industry.
TEAL Introduces Training-Free Activation Sparsity to Boost LLM Efficiency
TEAL offers a training-free approach to activation sparsity, significantly enhancing the efficiency of large language models (LLMs) with minimal degradation.
IBM Research Leverages Quantum Computing and AI for Accelerated Discovery
IBM Research is integrating quantum computing, AI, and hybrid cloud to expedite solutions for today's pressing problems.
Gemini Introduces New Features to Enhance Student Learning
Gemini's new features aim to help students study smarter with resources like OpenStax. Available for students 18 years and older.
Startup Revolutionizes Retrieval-Augmented Generation for Enterprises with RAG 2.0
Contextual AI's RAG 2.0 platform offers 10x better parameter accuracy and performance, enhancing enterprise solutions by integrating real-time data retrieval.
Comprehensive Guide to Speech-to-Text Technology
Explore the complete guide to speech-to-text technology, including what it is, how it works, types of engines, benefits, and applications.
NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing
NVIDIA's new Regularized Newton-Raphson Inversion (RNRI) method offers rapid and accurate real-time image editing based on text prompts.
ElevenLabs and Shapes Introduce AI Friends with Voice Interaction on Discord
ElevenLabs collaborates with Shapes to bring voice interaction to AI friends on Discord, enhancing user experience and customization.
Understanding Bandwidth, Throughput, and Speed in Tech
Explore the differences between bandwidth, throughput, and speed in technology, as explained by Gala News.
AI Revolutionizes Customer Service Across Multiple Industries
AI-powered customer service tools are transforming industries by enhancing agent productivity, automating interactions, and improving customer satisfaction.
Exploring the Advancements and Applications of Speech Recognition Technology
Discover the latest advancements, benefits, and applications of speech recognition technology, including how to choose the right API for your needs.
NVIDIA Explores Generative AI Models for Enhanced Circuit Design
NVIDIA leverages generative AI models to optimize circuit design, showcasing significant improvements in efficiency and performance.
Blockchain Tech Breakthroughs and Their Impact on Various Industries
Explore how blockchain innovations like AMMs, DAOs, and zero-knowledge proofs are transforming industries beyond crypto, as discussed in a16z crypto's latest podcast.
ASIC Arms Race Continues Unabated with No End in Sight
The ongoing depreciation challenge faced by ASIC owners as technological advancements in mining equipment persist, according to CoinShares.
Celestia Foundation Secures $100M to Advance Modular Blockchain Technology
Celestia Foundation raises $100 million led by Bain Capital Crypto, aiming to scale modular blockchain technology. The funding will boost its rollup ecosystem and data throughput.
SingularityNET (AGIX) Updates Progress in Decentralized AI Platform Development
SingularityNET (AGIX)'s biweekly update highlights significant advancements in its Decentralized AI Platform, covering core components like Daemon, Publisher, and SDKs.
ElevenLabs Leads the Arabic Text-to-Speech Market
ElevenLabs emerges as the top choice for Arabic text-to-speech solutions, offering superior voice quality and advanced customization features.
Hitachi Rail Leverages NVIDIA AI for Enhanced Real-Time Railway Analysis
Hitachi Rail integrates NVIDIA AI technology to reduce maintenance costs, improve transit reliability, and enhance real-time railway analysis.
NVIDIA Collaborates with U.S. Tech Leaders to Revolutionize Industries with AI
NVIDIA partners with U.S. tech giants like AT&T and Lowe's to deploy AI solutions across various sectors, enhancing productivity and innovation.
Telegram Introduces Gifts and Verification Platform Enhancements
Telegram unveils new features, including a gift-sending option and a verification platform for businesses. Enhanced reporting and video chat functionalities are also introduced.
Why Speech AI Should Be a Priority for Your 2025 Business Strategy
Speech AI is revolutionizing industries by transforming how businesses interact with customers and process information. Discover why incorporating it into your roadmap is essential for staying competitive.
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
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
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
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
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
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
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
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
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
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
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
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
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
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?
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
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
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
Common Blockchain Misconceptions – Part 2 of 3
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
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
Sequoir envisions cryptocurrency trades and payments will be done using bank apps.
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
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
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
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
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
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”
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
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
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
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
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
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
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
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
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
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
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
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
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)
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
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
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
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
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
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
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
Last week, digital asset investment products experienced record inflows and volumes.
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
Mark Cuban has given Ellen Degeneres a brief rundown on Dogecoin and NFTs.
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
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
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
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
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
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
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
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
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
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
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
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
Hub71 will invest $2 billion in Web3 startups in Abu Dhabi.
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
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
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
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
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
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
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
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
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
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
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
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!
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.
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
The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.
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
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
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
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?
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
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
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?
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
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
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
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
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
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
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
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
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
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
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
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?
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
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
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
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
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
The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.
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
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
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
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
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
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
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?
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
Utrust, a blockchain-powered payment technology that enables online businesses to accept cryptos.
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
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
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Blockchain in Healthcare Symposium Event Overview
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
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
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
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
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
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)?
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
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.