ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock has released an updated framework called ArcBlock Blockchain Platform 1.0. It will assist businesses and developers to quickly manage and build decentralized applications and blockchain networks. ArcBlock has acknowledged that this innovation was prompted by the feedback from customers and developers, urging for service improvement. One of the primary concerns was the creation of … Continue reading ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

Blockshow 2019: Todalarity Decentralizing the Global AI Synergy

Since the dawn of the fourth industrial revolution in the late 2000s, artificial intelligence (AI) has been one of the most discussed and misunderstood technologies. For many, it seems the term itself is too closely linked to popular culture and science fiction, causing unrealistic anxiety about AI replacing our human workforce as well as improbable … Continue reading Blockshow 2019: Todalarity Decentralizing the Global AI Synergy

Singapore's Central Bank Paves the Way for Regulatory Oversight of Cryptocurrency Derivatives Trading

The Monetary Authority of Singapore (MAS), Singapore’s central bank and regulatory authority has revealed regulatory plans to permit the trading of cryptocurrency derivatives on select platforms. This oversight strategy is being fronted because investors are considerably favoring these products.  Cryptocurrencies have gained substantial interest since they were incorporated about a decade ago. This aspect has, … Continue reading Singapore's Central Bank Paves the Way for Regulatory Oversight of Cryptocurrency Derivatives Trading

China’s Central Bank Takes A Step Forward to Regulate Blockchain

China’s central bank, the People’s Bank of China is set to create industry standards across the financial technologies sector, including blockchain.   According to a report from the Xinhua News Agency, the PBoC Vice President, Yifei Fan said that the central bank is aiming to regulate new technologies in the financial sector more extensively. He added that blockchain is one … Continue reading China’s Central Bank Takes A Step Forward to Regulate Blockchain

Stern Warning on Crypto Trading by the China's Central Bank Prompts Bitcoin Bears

Following a cryptocurrency trading clampdown threat by China’s central bank, People’s Bank of China (PBoC), Bitcoin has seen losses of more than 10%. Its value has dropped below $7,000.  This announcement has made other cryptocurrencies, such as Ethereum, to nosedive losing at least 12% of its value. Through a translation, the bank stated: “Once [cryptocurrency … Continue reading Stern Warning on Crypto Trading by the China's Central Bank Prompts Bitcoin Bears

Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence

Dr. Ben Goertzel is the founder and CEO of SingularityNET, a decentralized blockchain-based Artificial Intelligence (AI) marketplace project. He has described the project as a medium for the creation and the emergence of Artificial General Intelligence (AGI) as well as a way to roll out superior AI-as-a-service to every vertical market and enable everyone in … Continue reading Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence

China’s Central Bank Partners with Commercial Banks and Telecom Giants to Test Digital Currency in Two Major Cities

New developments of China’s central bank geared towards testing its digital currency electronic payment (DCEP) in the cities of Shenzhen and Suzhou. The People’s Bank of China, the country’s central bank is on track to become the first central bank on the globe to issue a national digital currency. Huang Qifan, the Vice Chairman of the China International … Continue reading China’s Central Bank Partners with Commercial Banks and Telecom Giants to Test Digital Currency in Two Major Cities

Twitter Takes on Decentralization with New Social Media Development Project

Twitter CEO Jack Dorsey is working on an initiative to decentralize social media, also known as ‘BlueSky,’ alongside five other programmers. Previously, Twitter was known for its decentralized aspect in its early days, and many of its users advocating for it to be that way. With time, the company was influenced by the development of … Continue reading Twitter Takes on Decentralization with New Social Media Development Project

European Central Bank Plans to Take the Lead on Stablecoins

The European Central Bank (ECB) has announced its plans to get “ahead of the curve” on stablecoins and accelerate their efforts in the digital currency space. During her debut press conference on Thursday, the new ECB President Christine Lagarde urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from … Continue reading European Central Bank Plans to Take the Lead on Stablecoins

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

The European Central Bank Report on CBDCs  The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.    The new concept provided by the ECB aims to solve the issue of anonymity in digital … Continue reading Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

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