Tag: Blockchain

China’s Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies

In a recent move, the Guangdong Provincial Party Committee and Provincial Government have issued the “Outline for Building Guangdong Province as a Strong Quality-driven Province,” outlining their vision to enhance the leading role of industrial clusters in terms of quality. With a focus on advanced technology applications, quality innovation, and upgrading quality infrastructure, the province aims to cultivate and develop a series of strategically significant industrial clusters. Additionally, the authorities aim to strengthen the industrial-technological advantages in areas such as 5G and ultra-high-definition displays while supporting frontier fields like artificial…

Blockchain Assoc. requests info on Prometheum over ‘suspicious’ approval

boss

United States crypto lobby group Blockchain Association has filed a request with the U.S. Securities and Exchange Commission, seeking information about the formerly little-known crypto company Prometheum. The company became the center of the crypto industry’s attention this week when its CEO Aaron Kaplan testified at a House hearing and gave its support of regulating crypto under securities laws and the SEC, a position that’s starkly opposite to other vocal proponents of the industry. On June 15, Blockchain Association counsel Marissa Coppel said the group filed a Freedom of Information…

Ripple partners with Colombia’s central bank to explore blockchain technology

boss

Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger.  The Ministry of Information and Communications Technologies (MinTIC) in Colombia will oversee the project, which will use Ripple’s recently launched central bank digital currency (CBDC) platform. Ripple and @Peersyst are partnering with Colombia’s @BancoRepublica in conjunction with @Ministerio_TIC to pilot use cases that will enhance Colombia’s high-value payment system. Learn more about the partnership: https://t.co/X9jyJ3pvDa — Ripple (@Ripple) June 15, 2023 An announcement published on June 15 says the pilot…

Ripple Teams Up With Colombia’s Central Bank To Explore Blockchain Opportunities

Blockchain payments technology company Ripple is set to partner with Colombia’s central bank, Banco de la República. They aim to research potential applications of blockchain technology within Colombia, a significant development in South America’s adoption of this technology. This collaboration will also involve the Ministry of Information and Communications, as they plan to test possible ways to augment the country’s high-value payment system utilizing Ripple’s Central Bank Digital Currency (CBDC) Platform. Probing Blockchain Potential For High-Value Payment System The partnership was not a spur-of-the-moment decision. According to Joe Vollono, a director…

Is blockchain technology ready for high-storage applications?

Web3 — the third generation of the internet — refers to a decentralized and distributed version of the web that uses blockchain technology, and other decentralized technologies, to enable greater user control, privacy and data ownership. It aims to redefine how we interact with digital services, moving from traditional centralized models to decentralized peer-to-peer networks. At its core, Web3 is built on blockchain technology, which is a distributed ledger that maintains a cryptographically-secured, continuously growing list of records called blocks. This decentralized nature enables direct peer-to-peer interactions. Web3 brings several…

Polygon Labs Rolls Out Open Database For Blockchain Use Cases

“This is just the beginning. It’s not like this is going to be a stagnant website,” said Rebecca Rettig, Chief Policy Officer at Polygon Labs in a pre-launch interview with CoinDesk. “It’s going to grow as people see it and say, ‘Oh, we want more applications that are on Solana to be listed on here. Please put them up on the website.’” Source link

How blockchain technology makes it easier for Africans to upskill

boss

The latest episode of Cointelegraph’s Hashing It Out podcast delves into how blockchain technology is changing how young Africans interact with each other. Joining host Elisha Owusu Akyaw for the conversation is Eric Annan, the CEO of Aya, a platform that uses blockchain technology to provide training and connect Africans to the job market.  Annan, a Web3 entrepreneur, entered the cryptocurrency space after resigning from his job at a tech firm. He then moved to Nigeria, where his first business failed due to regulatory changes from the Nigerian central bank. He…

OKX Middle East Receives MVP Preparatory License From VARA in Dubai – Blockchain News, Opinion, TV and Jobs

UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that OKX Middle East Fintech FZE (OKX Middle East) has received a Minimal Viable Product (MVP) Preparatory license from the Dubai Virtual Assets Regulatory Authority (VARA). The UAE is a key strategic growth and business hub for OKX globally and in the region, and the company plans to scale OKX Middle East’s operations. As part of this effort,…

Banks’ Crypto Limits Yield Costly Side Effects, Blockchain Australia Warns

Crypto trade body Blockchain Australia, a prominent organization in the Oceanic country, has expressed concerns regarding the potential ramifications of imposing stringent regulations on the industry. In response to the Commonwealth Bank of Australia’s (CBA) recent decision to impose banking limits on crypto payments, Blockchain Australia warns of the possible adverse effects that such blanket restrictions could have. The trade body asserts that these measures could lead to “costly side effects,” urging for a more balanced approach to regulating the burgeoning bitcoin market.  As the debate surrounding digital currencies intensifies,…