Day: June 16, 2022

How AI can change the decentralized ledger

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One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the data these platforms may be using. As a result, transactions can be facilitated with a high level of trust while maintaining solid data integrity. Not only that, but the use of blockchain systems to store and distribute AI-centric operational models can help in the creation of an audit trail, which in turn allows for enhanced data security. Furthermore, the combination of AI and blockchain, at least on…

BTC price rejects at $23K as US dollar declines from fresh 20-year highs

Bitcoin (BTC) ran out of steam near $23,000 on June 16 after the biggest United States key rate hike in nearly thirty years. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar strength wobbles after rate hike news Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $22,957 on Bitstamp after the Federal Reserve confirmed a 0.75% hike in June — its largest since 1994. Momentum did not last long, however, and at the time of writing, the pair had shed $2,000 to return to $21,000 at the new…

Bitcoin debe SUBIR AHORA 👉 (¡Hoy!) Ultima oportunidad para ESTO

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Análisis de bitcoin hoy & criptomonedas actualizado! Podemos ver cuál será el siguiente movimiento de Bitcoin 💰 🔥 Video análisis & proyección anterior – ¡Dale seguimiento! : 📲 Sigueme en Facebook: ✅ BING X: 💎 ¡Únete a Crypto Divisa! 💎 ✅ Youtube: ✅ Crypto Divisa VIP (Chat Privado)💎: ✅ Grupo público: ————————————————————————————————- VIDEOS PARA TI 😀 💎 Curso de Trading GRATIS: 👉 Cómo analizar criptomonedas: 👉 Temporalidades para Scalping: 👉 Temporalidades – Trading Intradia: 👉 Estrategia + (INDICADORES) de Crypto Divisa :…

US Air Force taps SIMBA Chain to develop budgeting and accounting system

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For many years, the United States Military has been experimenting with blockchain in a number of settings to enhance its operations. Now, the U.S. Air Force (USAF) is adopting blockchain into its budgeting and accounting processes. According to a Thursday press release, the USAF has enlisted SIMBA Chain, a blockchain-as-a-service platform, to develop a blockchain-based system for tracking and monitoring the military’s cash flow and supply chain quality and management. The goal of the project, dubbed Digital Blockchain Budgeting Accountability and Tracking (DiBaT), is to tokenize all dollars within the…

Social credit system or spark for global adoption? – Cointelegraph Magazine

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Ethereum co-founder Vitalik Buterin’s Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto community.  Soulbound Tokens or SBTs are non-transferable, non-financialized tokens tied to a unique profile proving verifiable achievements and commitments. Still at the concept stage, it’s suggested SBTs will be capable of tracking memberships, credentials and affiliations with educational establishments, decentralized lenders and other entities. Supporters say that SBTs could be the use case for the next bull market. But others have likened the concept to China’s social credit system and say…

Regulations and exchange delistings put future of private cryptocurrencies in doubt

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The core principles of cryptocurrency were based on financial independence, decentralization and anonymity. With regulations being the key to mass adoption, however, the privacy aspect of the crypto market seems to be in jeopardy. In 2022, even though no particular country has come up with a universal regulatory outline that governs the whole crypto market, most countries have introduced some form of legislation to govern a few aspects of the crypto market such as trading and financial services. While different countries have set different rules and regulations in accordance with…

Espresso Systems Launches Testnet of CAPE Privacy Product

“What we’re trying to do is crack open the area in the middle to make privacy a flexible, programmable, configurable feature of how we interact with Web 3 products,” Espresso Systems co-founder Jill Gunter told CoinDesk in an interview. “With CAPE, this is our first showcase of the functionality that we’ve developed.” Source

Banking uses 56 times more energy than Bitcoin: Valuechain report

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Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world’s largest cryptocurrency in a new light.  A research report published by Michel Khazzaka, an IT engineer, cryptographer and consultant, calculates that Bitcoin payments are a “million times more efficient” than the legacy financial system. Plus, the banking sector “uses 56 times more energy than Bitcoin.” The report compiles almost four years of research and suggests a new calculation for estimating Bitcoin’s proof-of-work energy consumption. In an interview, Khazzaka told Cointelegraph: “Bitcoin…