“With this development, Buenos Aires becomes the first city in Latin America, and one of the first in the world, to integrate and promote this new technology and set the standard for how other countries in the region should use blockchain technology for the benefit of their people,” Diego Fernandez, secretary of innovation for the Buenos Aires City Government, said in the release. Source link
Europe remains fertile ground for the cryptocurrency ecosystem to flourish in comparison to harsher regulatory environments, according to prominent speakers at this year’s Blockchain Expo in Amsterdam. Cointelegraph attended the convention held at the RAI conference center for the second year running, with the Blockchain Expo forming part of the larger Tech Expo event being hosted in the Netherlands. The event has typically attracted prominent mainstream industry players from the financial world to showcase how blockchain technology is being leveraged to power innovative new products and solutions across a myriad…
Key Takeaways * By 2028, only 9% of all payments are expected to be made in physical currency. * Central Bank Digital Currencies (CBDCs) are under development, but their design raises questions about privacy and personal freedom. * Critics argue that digital payment systems, unlike cash, can be monitored and can refuse service without consequence. The Inevitable Decline of Cash According to a report by the World Economic Forum dated September 26, 2023, the use of physical cash has been declining at a rate of approximately 15% each year since…
GOOGLE BLOCKCHAIN: In a sign that big tech companies are nosing into blockchain, Google’s cloud-computing division is increasingly popping up in crypto news headlines, and top executives focused on Web3 are making the rounds with media. Last week, Google Cloud announced it would add 11 networks including Polygon, Optimism and Polkadot to its ‘BigQuery’ program for public datasets, originally set up for Bitcoin in 2018 and later expanded to additional chains including Ethereum, Litecoin and Dogecoin. “Over the past 18 months we’ve been investing in this space, we’ve continued to…
The International Cricket Council (ICC) has partnered with Near Foundation to build a blockchain-powered Web3 fan engagement app for the 2023 Cricket World Cup in India, which promises to reach hundreds of millions of fans over the next six weeks. Cointelegraph spoke exclusively to ICC head of digital Chris Donovan and Near CEO Finn Bradshaw, who unpacked details of the Web3 mobile app aiming to drive fan engagement before, during and after matches at the global sporting event in India. Related: From cricket to crypto: AB de Villiers ventures into Web3…
Bahrain-based Bank ABC will use JPMorgan’s Onyx Coin Systems for blockchain-based cross-border payments in a soft, or limited, launch. The new service will be more cost effective and reduce settlement times relative to traditional solutions. Bank ABC will at first use the U.S. dollar in transactions involving Bahrain, the United States, United Kingdom, Singapore and Hong Kong. The partners are planning more locations and transactions with the euro as well. Programmable payments are also in the works. The service has been launched after two years of experiments. Global head of…
The Miss Universe Coin created a storm of controversy at the Philippine Blockchain Week (PBW) when it came to light that the coin, touted during the event and unveiled at a prior press conference, had no affiliation with Miss Universe, the brand and pageant owned by Thailand-based JKN Holdings. What seemed like a promising venture took an unexpected turn, leaving questions and legal actions in its wake. Earlier this month, PBW buzzed with anticipation as Donald Lim, the founder of the organization overseeing the event, proudly declared the launch of…
NASA and its partners Lonestar, a computing startup based in Florida, and the Isle of Man, will send a payload to the Moon containing “data cubes” in February of 2024. The data secured in these cubes will be verified back on Earth using blockchain technology. If all goes to plan, when NASA launches its second crewed mission, Artemis 3, in 2025, the same blockchain technology will verify once-and-for-all and immutably that humans have landed on the Moon. Suit Up! Today, the #Artemis II crew and @NASAGroundSys successfully conducted a launch…
Introduction ChatPDF is a specialized platform that utilizes ChatGPT technology to offer advanced PDF processing capabilities. Aimed at a diverse user base including students, researchers, and professionals, the service is engineered to summarize PDF content and respond to queries related to it. While the platform currently operates on GPT-3.5 technology, it is exploring the integration of GPT-4, although this feature may not be available on the free plan due to cost considerations. This wiki delves into the various functionalities, target user segments, pricing structures, and legal aspects of ChatPDF. Core…
The recent Federal Reserve decision to maintain interest rates as they were, has sparked conversations about its potential repercussions for both the broader economy and the cryptocurrency market. While industry experts suggest that crypto may remain relatively insulated from this decision, the central bank’s insights into the overall economic landscape carry significant weight. A Battle Against Inflation For over a year, the Federal Reserve has been waging a relentless battle against inflation. Between March 2022 and July of the same year, the federal funds rate, a pivotal interest rate, surged…