The Central Bank of Ireland (CBI) has opened applications for its Innovation Sandbox. The Innovation Sandbox Programme aims inform the early stage development of selected innovative initiatives that promote better outcomes for consumers and the financial system. Through the programme, CBI says it aims to provide regulatory advice and support to firms on their innovative […]
The Bank for International Settlements’ (BIS’) Project Agora has progressed to the design stage with the onboarding of 41 private financial firms, reports Cointelegraph. The project, launched in April by the BIS and seven central banks, is looking at how tokenized commercial bank deposits can be integrated with tokenized wholesale central bank digital currencies (CBDCs) […]
In an interview with Cointelegraph at Token2049, Michael Heinrich, the CEO of 0G Labs, explained that artificial intelligence poses significant risks if it isn’t integrated with blockchain technology, reports Cointelegraph. Heinrich highlighted the dangers of centralized AI system reliance and advocated for decentralized governance to prevent potential misuse of AI systems in critical areas of […]
European artificial intelligence and blockchain technology provider, Humans.ai has acquired Starfish Technologies, inventor of TensorChain and part of Home of Prodigy, in a cash and shares deal, reports Blockchain Technology News. This acquisition marks a significant step forward in the development of TensorChain, a ground-breaking innovation designed to revolutionise the way blockchain handles artificial intelligence […]
Information and financial technology services company Accenture has invested in fintech startup Emtech, which provides software-as-a-service to central banks and fintech companies, reports Cointelepgraph. Accenture plans to integrate Emtech products into its core banking services. Emtech was founded in 2019 by former IBM Blockchain executive Carmelle Cadet. It counts seven central banks — those of […]
Warden, the sovereign AI execution network, has announced alpha release of its new artificial intelligence product, the Artificial Intelligence Blockchain Interface (AIBI), reports The Blockchain. According to the maker, AIBI brings AI on-chain with an intuitive interface for developers to integrate AI into their applications. Inspired by proof-of-computation and computational pipelines, AIBI allows inference endpoints […]
The global blockchain market is expected to become a quarter-billion-dollar ecosystem before 2030. Yet, decentralized applications (DApps) — user-focused software that runs on blockchain networks — remain in their infancy, facing significant hurdles on their path to mainstream adoption, reports Cointelegraph. While blockchain has the potential to become the infrastructure for the decentralized web, realizing […]
Nigeria’s Lagos state government has announced an ambitious plan to tokenize real estate, leveraging blockchain technology to enhance transparency, efficiency, and ease of transfer in property transactions, reports Cointelegraph. According to local media, this initiative, outlined in the Eko Revenue Plus Summit documents, aims to significantly boost the state’s internally generated revenue. Real estate tokenization […]
The second quarter of 2024 has emerged as a landmark period for Web3 and blockchain gaming, with investments reaching an impressive $1.1 billion, reports Blockleaders citing a DappRadar report. This is a substantial increase of 314% on the previous quarter. The resurgence in interest and capital infusion underscores the growing belief in blockchain gaming as […]
A center aiming to drive blockchain innovation and establish Abu Dhabi as a hub for top global events and workshops, connecting industry leaders, has officially opened, reports Bitcoin News. Additionally, the blockchain center will incorporate a venture capital arm to support and invest in Web3 startups. A center aiming to drive growth and innovation in […]
Airlines can save up to 7% in overall cargo handling operations using blockchain-based supply chain management solutions, which is another testament to the technology’s disruption potential, reports Cointelegraph. Airlines saved 7% in cargo handling operations in a recent study conducted at Heathrow Airport by Aventus, a firm offering enterprise-grade blockchain-as-a-service solutions. Beyond the 7% cost […]
by Ruari Haughey Over the past few years, my evenings have often been filled with delving into the intricate world of blockchain technology and its applications. As someone deeply embedded in the digital assets and Web3 security space, my fascination with blockchain has only grown stronger with time. This passion for understanding the nuances of […]