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Blockchain technology offers an unrivaled opportunity for the UK to redesign its data systems. The state should therefore focus on implementing blockchain technology to increase efficiency, save on costs, and rebuild societal trust. This is according to a report by Eddie Hughes, the Member of Parliament representing Walsall North in the UK. The comprehensive report … Read more
Trade finance is a complex and tedious process that involves a large number of participants. With the risks involved being quite high, especially in international trade finance, banks have stepped in to mitigate them through various products such as letters of credit and bank guarantees. This industry is long overdue for a blockchain revolution, according … Read more
India is undertaking research into the possible use of blockchain technology in the management of fertilizer subsidies. The venture will bring together the country’s think tank, NITI Aayog, and one of the country’s largest chemical manufacturers, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC). The Indian government hopes that the integration of blockchain technology will … Read more
Crypto users have been targeted by malware for years now. With crypto becoming increasingly popular, cyber criminals have continued to invent new and more advanced ways to steal them. And now there is a new one that swaps an intended crypto address for one that belongs to the attacker. While it’s not the first such … Read more
Another month, another almighty congestion on the Ethereum network. Gas prices have soared this week, passing 500 gwai at one stage, before settling on a still-pretty-substantial 56 gwai. As a result, the average transaction cost is $0.49, making it more expensive to send crypto on Ethereum than on other major blockchains such as BTC or … Read more
Several middle and high schools in China have been utilizing advanced artificial intelligence (AI) and machine learning systems to evaluate the emotions, thoughts, and performance of students in class. The highly sophisticated surveillance system implemented by the Chinese government was introduced in late 2017, according to the BBC. As seen in the short documentary below, … Read more
The following opinion piece on Segregated Witness was written by Jonald Fyookball In 2017, Dr. Peter Rizun noted that Segregated Witness (Segwit) changes the very definition of a Bitcoin as per the whitepaper: “We define an electronic coin as a chain of digital signatures.” In this article, I would like to expand on that topic … Read more
As an artificial intelligence (AI) bot team developed by Elon Musk’s non-profit AI research company OpenAI defeated a professional team at Dota 2, one of the most popular online video games internationally, technology experts have started to express optimism about the progress that is being made in the AI and machine learning industry. Win of … Read more
The Bank of England has warned financial institutions in the country to limit their exposure to crypto assets. In a letter written by the bank’s deputy governor, the regulator cautioned firms against letting their guard down as the popularity of cryptos soars. It also reminded the firms of the risks that come with handling cryptocurrencies, … Read more
Steve Wozniak has been in the technology industry for a long time, and he has seen it all. He was there during the dotcom era, and he believes that blockchain is similar to the dotcom bubble. Wozniak, who founded Apple with Steve Jobs four decades ago and has watched it become the biggest tech company in … Read more