China launches national blockchain center to train half a million specialists

On May 10, the National Blockchain Technology Innovation Center, first announced in February, officially started its work in the Chinese capital city of Beijing. The center will collaborate with local universities, think tanks and blockchain businesses to develop blockchain technology in China. The institution will reportedly train more than 500,000 specialists in distributed ledger technology (DLT).  Leading the new center is the Beijing Academy of Blockchain and Edge Computing, which developed the ChainMaker blockchain; a home-grown blockchain serving as a blueprint for the center’s developments. ChainMaker is already supported by…

Binance Launches Capital Connect for VIP Program Users

Binance noted that it will provide crucial information through Capital Connect including assets under management (AUM) of different funds, their performance records, and minimum investment amounts. The leading centralized exchange with more than $38 billion in daily traded volume Binance has continued to re-invent the financial markets for the betterment of the globally unbanked population. The exchange takes pride in more than 120 million global registered users who actively trade more than 350 digital assets. With its huge global reach, the crypto exchange has worked to separate high-net-worth investors to get…

Chiliz Launches Layer-1 Blockchain to Foster Transition of Sports Brands to Web3

Chiliz is also looking to attract developers interested in building Web3 sports projects by holding hackathons. Leading blockchain provider for the sports industry Chiliz has announced the launch of its Chiliz Chain public mainnet. This marks the next step in the firm’s mission to help sports teams and brands build direct relationships with their fans and communities from around the world using blockchain technology. Chiliz Chain is a Layer-1, interoperable blockchain ecosystem and is compatible with the Ethereum Virtual Machine (EVM). It is set to introduce a network of 11…

Amazon Launches Shopping Interface gor Mobile Games

To enable the Amazon Anywhere feature, gamers must link their Amazon accounts to the game in order to purchase any merchandise. American multinational technology company Amazon (NASDAQ: AMZN) has rolled out a new feature that allows the sales of physical items on mobile games. The e-commerce giant has partnered with the game developers of Pokemon GO to provide products like T-shirts and toys for gamers. Amazon had earlier announced a business-to-business program called Amazon Anywhere. The program allows video game makers to sell goods directly through their respective platforms. This…

EU embraces blockchain, launches official platform to transform data management

The European Blockchain Services Infrastructure (EBSI) is launching a publicly accessible blockchain platform in collaboration with Norway and Liechtenstein. The regulated and permissioned blockchain will transform data management with its security and transparency. JUST IN: EU Develops its Own Official Blockchain. Belgium aims to transform EBSI technical project into political projects during its European presidency in 2024, according to a minister. — Crypto Research Group (@CRG_crypto) May 9, 2023 Distributing nodes To promote blockchain adoption across the European Union (EU), the new initiative will see Germany, the largest economy in…

Aragon launches defensive measures against Arca’s ‘51% attack’

Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has pulled plans for its native Aragon (ANT) token holders to be given voting rights over the future direction of the organization. The Aragon Association, a Switzerland-based organization that oversees the management of Aragon said in a May 9 tweet it exercised its “fiduciary duty” to secure its treasury and overall mission by “repurposing the Aragon DAO as part of a new grants program.” The decision was made after the recently launched Aragon DAO suffered a 51% attack at…

Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption – Bitcoin News

Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to sign into different websites, crypto applications, and share personal data in a privacy-focused manner. Worldcoin Unveils World App The Worldcoin project made an announcement on May 8, 2023, revealing the launch of their new World App. The application dubbed the “minimalist wallet” is designed to bring “decentralized identity and finance” to the…

MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users

MakerDAO, a decentralized autonomous organization that operates on the Ethereum blockchain and issues stablecoin DAI, has announced that it has launched the Spark Protocol, a lending solution for DAI users.  Announcing the Spark Protocol launch ⚡️ Starting May 9, 2023, Spark Protocol will be available to all DeFi users. An end-user, DAI-centered DeFi product deployed on Ethereum with supply and borrow features for ETH, stETH, DAI, and sDAI. pic.twitter.com/oLa8oeBmL1 — Maker (@MakerDAO) May 8, 2023 According to the Twitter announcement, the first version of the Spark Protocol will act as a…

State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT

Iflytek, a state-subsidized Chinese artificial intelligence (AI) company, recently announced the launch of “Spark Model,” an AI system designed to compete directly with OpenAI’s ChatGPT. The launch took place at a tech event in HeiFei called “Spark Desk,” and featured a full demonstration of the new system’s capabilities. .#China‘s leading intelligent speech and artificial intelligence (AI) company iFLYTEK launched its generative language model on Saturday. The company said it will keep updating it to a version better than the rival ChatGPT by Oct.. pic.twitter.com/zjSrPbAXKy — Beijing Daily (@DailyBeijing) May 8,…

Immutable Launches Decentralized Blockchain Payment Solution for Digital Goods

Immutable Checkout boasts a one-stop-shop payment solution for digital products like in-game items and NFTs.  Immutable has introduced a new payment solution for decentralized games and the Web3 marketplace. Reports state that the blockchain gaming firm’s new scheme promises to make payments more seamless and straightforward. The consensus is that the solution, called Immutable Checkout, will also revolutionize online transactions involving digital goods. This will happen because the Immutable payment solution’s decentralized infrastructure can manage all payment processes driven by blockchain technology. Built on the Ethereum blockchain, Immutable Checkout caters to…