Category: Blockchain

Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq, and more

Ant Group, a company backed by billionaire Jack Ma, is reportedly planning to restructure and cut ties to some operations that are not core parts of its Chinese financial business. The move prepares the company for a potential initial public offering (IPO) in Hong Kong.  Citing anonymous sources, mainstream media outlet Bloomberg reported that the firm relayed to its shareholders that the company is looking to leave its blockchain, database management out of a main entity, which will then be applying for a financial holding license in China. After completing…

Exclusive: Johan Hörmark on SEB’s Blockchain-Driven Bond Platform

In this insightful interview, we had the opportunity to engage with Johan Hörmark, the Digital Bonds Platform Project Manager at SEB. Johan provided a comprehensive overview of SEB’s new digital bond platform, which leverages blockchain technology to revolutionize the banking sector. The platform, known as so|bond, is utilized for primary issuances, safe-keeping, and managing events such as dividends/coupons and redemption. The blockchain serves as the ultimate record of bond ownership and employs smart contracts to manage events and corporate actions. This innovative approach introduces a new level of transparency, allowing…

Researcher envisions smart education system built with blockchain, DAOs, NFTs and AI

Mehmet Fırat, a researcher at Anadolu University in Turkey, recently published research envisioning a multi-tech solution to the problems challenging the traditional educational system called the “Smart Open Education Ecosystem” (SOEE). The research combines blockchain, decentralized autonomous organizations (DAOs), nonfungible tokens (NFTs), multimodal learning analytics and artificial intelligence (AI) to form a self-contained educational ecosystem. The interconnected learning system, screenshot. Source: Fırat Per a research paper authored by Fırat and published on July 25, “Equity, fair opportunity, and access issues can be considered among the most significant handicaps of education…

AI Creates Security Risks and Attack Vectors. Can Blockchain Help?

One can even imagine, for example, the U.S. Treasury Department’s Financial Crime Enforcement Network (FinCEN) using blockchain technology to create databases of financial records and dealings, and then applying an AI algorithm to analyze the data to detect cases of fraud or other abnormalities. In this scenario, the two technologies operate independently of each other, rather than being integrated into a single tool, product or platform. Source link

Sotheby’s blockchain Gen Art program shows tech taking a back seat to art

Sotheby’s is making moves. The same fine art auction house behind several recent major nonfungible token (NFT) sales has just made the Met Breuer’s old Madison Avenue building its home, and on July 26, it’s launching an on-chain Gen Art Program powered by generative art platform Art Blocks.  A sale of NFTs by early algorithmic artmaker Vera Molnár will christen the program. She worked with artist and coder Martin Grasser to produce Themes and Variations, the sale’s series of 500 unique generative artworks. Altogether, it “expresses the seamless integration of…

GPT: A Comprehensive Guide | Blockchain News

Introduction In the realm of artificial intelligence (AI), the Generative Pre-trained Transformer (GPT) has emerged as a game-changing language model. Developed by OpenAI, GPT has been instrumental in powering several natural language processing (NLP) applications, including the AI chatbot, ChatGPT. What is GPT? GPT, short for Generative Pre-trained Transformer, is a machine learning model that generates text. It is pre-trained on a vast amount of text data and then fine-tuned to perform specific tasks. The transformer-based architecture of GPT allows it to manage long-range dependencies in text, making it a…

What is Shibarium? | Blockchain News

Introduction to Shibarium Shibarium is a Layer 2 (L2) blockchain solution developed by the Shiba Inu project, a decentralized community inspired by the Ethereum blockchain. The development of Shibarium is part of the Shiba Inu project’s mission to create a decentralized ecosystem that includes its own blockchain, decentralized exchange (ShibaSwap), and various tokens (SHIB, LEASH, and BONE). As stated in the official Shiba Inu blog, Shibarium is “being built to fulfill Ryoshi’s vision” and is seen as a “transitional evolution of the Shiba Ecosystem”. The Genesis of Shibarium Shibarium was…

The Dark Side Of Blockchain: ISIS And Supporters Use Crypto For Fundraising?

Over the past few years, there have been rising concerns about the use of cryptocurrencies for illegal activities. Although the majority of these are overestimated, there is no denying that there are some bad actors trying to take advantage of the technology’s decentralized nature. TRM Labs, a blockchain intelligence firm, recently published a report on the increasing use of crypto assets by terror organizations. ISIS Allies Used Crypto To Raise Funds: TRM Labs TRM Labs has unveiled its findings regarding cryptocurrency fundraising by ISIS and its supporters across Asia. In…

What is Conch AI? | Blockchain News

Conch AI is an artificial intelligence (AI)-powered writing assistant that was launched in the early 2020s. The tool utilizes machine learning and natural language processing algorithms to analyze and understand text-based data, offering a range of features to enhance the writing process. Overview Conch AI is a comprehensive writing assistant that allows users to rewrite sentences and paragraphs, summarize sources, answer questions, and generate introductions, conclusions, and outlines. It also has a built-in AI detector bypasser, which helps users avoid detection by algorithms like GPTZero and Turnitin. The tool is…