The Japan Blockchain Association (JBA), led by Representative Director Yuji Kano of bitFlyer, submitted a proposal for cryptocurrency tax reforms to the government on July 28, 2023. The JBA is advocating for a review of the current tax system, which they argue is hindering the growth of Web3 businesses in Japan. They are calling for a more conducive environment for citizens to hold and use cryptocurrencies. The specific requests in the proposal are as follows: 1. Abolish the year-end unrealized gain tax on tokens issued by third parties. In June…
Tag: Blockchain
What is InferKit AI? | Blockchain News
InferKit AI is an advanced artificial intelligence (AI) technology designed to generate human-like text based on the input provided. It’s a powerful tool that leverages the capabilities of machine learning and natural language processing to understand, interpret, and generate text that closely resembles human writing. Overview InferKit AI is built on a deep learning model, which allows it to understand and generate text in a way that is contextually relevant and grammatically accurate. It can be used in a wide range of applications, from content creation and copywriting to customer…
What is Character AI? | Blockchain News
Introduction Character AI (Character.AI) is a popular artificial intelligence (AI) platform that revolutionizes the way we communicate with AI. It crafts text responses that mimic human conversation, immersing users in engaging dialogues that feel remarkably authentic and personalized. Since its beta version was unveiled in September 2022, the platform has witnessed a meteoric rise in popularity, thanks to its unique proposition of enabling users to craft a fully-customizable AI companion with distinct personality traits and values. This innovative approach to AI interaction has distinguished Character.AI in the realm of AI chatbots,…
Is Apple’s App Store Policy Hindering Blockchain Innovation? US Lawmakers Investigate
As the relationship between platform guidelines and emerging technologies, particularly blockchain, continues to become a topic of scrutiny, two U.S. lawmakers – Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) – have recently vocalized concerns regarding these potential clashes in the field of distributed ledger technology and nonfungible tokens (NFTs). The primary point of contention lies in the restrictive guidelines of Apple’s App Store. The lawmakers, in a recent letter to Apple CEO Tim Cook, raised questions about the possible stifling effect of these guidelines on these burgeoning sectors of…
Lawmakers probe Apple’s App Store policies on blockchain, NFTs
United States Representatives Gus Bilirakis and Jan Schakowsky penned a formal letter to Apple CEO Tim Cook about concerns related to the California-based company’s App Store, and the potential effect of its guidelines on emerging technologies like blockchain and nonfungible tokens (NFTs). The letter requests information about whether the App Store’s guidelines might inadvertently hinder the progress and growth of cutting-edge innovations. Screenshot of the letter from the lawmakers addressed to Apple’s CEO. Source: Bilirakis blog. The lawmakers observed a pattern in Apple’s approach to its App Store guidelines, where…
Blockchain technology lets East African farmers sell globally
Small farmers in the developing world may be on the cusp of an agricultural breakthrough. With emerging technologies like satellite imagery, drones and machine learning boosting productivity, it’s becoming more viable than ever to sell their produce in places like Western Europe. There’s just one catch: avocado farmers in East Africa or coffee growers in Latin America have to be able to document that their crops have been grown in accordance with sustainable agricultural practices. Their harvest bounty can’t come at the expense of denuded forests or through the assistance…
The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain
This summer, parts of the United States are wilting under a multi-month stretch of sweltering heat and data suggests that summer temperatures will continue to creep up in the coming years. The planet is on what seems to be a pretty clear path to soon reaching 1.5 degrees Celsius of warming for the first time since preindustrial times, a milestone number that the world’s countries pledged to try to remain under in the 2015 Paris Agreement. Humanity’s continued burning of fossil fuels combined with the return of the El Niño…
LFi leads way in blockchain innovation with new technology
LFi aims to create an inclusive financial system and empower people with equal opportunities for wealth generation and financial freedom in crypto. Unleashing LFi LFi, or Layered Financial Independence, is at the forefront of the decentralized finance (defi) movement, envisioning a decentralized network that empowers wealth creation. The core of LFi’s vision lies in inclusivity, aiming to build a financial system driven by consensus and shaped by the decentralized autonomous organization (DAO) concept. With its blockchain infrastructure and native token, LFi is forging a path toward a more inclusive and…
Amazon Managed Blockchain Expands its Access and Query Functions
AMB Access expands AMB’s node offerings with serverless, scalable access to blockchains. Developers can use standard remote procedure calls, a method of asking an external computing source to perform a function, to interact with digital assets and distributed applications across multiple blockchains without specialized infrastructure. Source
Decentralized Exchange PancakeSwap Expands to zkSync Era Blockchain
As a DEX, PancakeSwap relies on smart contracts instead of middlemen to process trades, lending and lottery services for users. The DEX is available on the BNB Chain, Ethereum, Polygon zkEVM, Aptos and now zkSync Era. The protocol held over $1.57 billion worth of tokens as of Wednesday, DefiLlama data shows. Source link