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Samsung Galaxy S24 Unveils Live Translate for Seamless Multilingual Calls

The launch of the Galaxy S24 series represents a huge step forward for Samsung, especially in terms of the revolutionary Live Translate function that it includes. This technological advancement, which is driven by artificial intelligence, is intended to alter the manner in which we interact by providing real-time translation during phone conversations. This will make … Continue reading Samsung Galaxy S24 Unveils Live Translate for Seamless Multilingual Calls

Binance Announces System Upgrade for Improved Performance and Stability

Binance, the popular cryptocurrency exchange, has recently announced a scheduled system upgrade to improve the overall performance and stability of its platform. The upgrade is set to take place on April 23, 2024, from 06:30 (UTC) to 09:30 (UTC). According to the announcement posted on the Binance Support website, the system upgrade aims to enhance … Continue reading Binance Announces System Upgrade for Improved Performance and Stability

European Commission Blockchain Report: The 3 Key Takeaways

European Commission: Blockchain Beyond the Hype Since the inception of Bitcoin, much hype and public attention have followed the development of cryptocurrencies their value being dismissed by many while others have become hoarders of crypto. Away from the uncertainty of cryptocurrency future value, one aspect of the technology is now squarely in the limelight—the … Continue reading European Commission Blockchain Report: The 3 Key Takeaways

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Digital asset lending firm, Genesis Capital has reported significant and sustained growth in its Q3 report which highlights a growing demand for cash and an stablecoin lending. Genesis Capital released its quarterly report on Oct.30, reporting that the institution had added $870 million in new loan originations which marks a sixth consecutive quarter of sustained … Continue reading Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

What are Smart Contracts and Why are They Important?

The purpose of all contracts in its rudimentary sense is to enforce commitment, and it is ingrained in the principle “pacta sunt servanda,” which translates to “agreements must be kept.” What necessitated the need for contracts The idea of contracts was conceived in the 1750s during the industrial revolution. At this time, the increase in … Continue reading What are Smart Contracts and Why are They Important?

Why is Blockchain Technology Revolutionizing the Banking and Finance Market?

When blockchain technology was innovated a decade ago, it had high prospects of bringing significant revolution into the banking and finance markets, as we glance back at those budding days of blockchain technology and compare the results now. Indeed it has lived up to anticipations and even delivering more than what was expected. Blockchain technology comes with … Continue reading Why is Blockchain Technology Revolutionizing the Banking and Finance Market?

South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

KT, the largest telecom company in South Korea, is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan. According to news outlet dongA, the currency is called Dongbaek Currency, which means Camellia flower, when directly translated to English, and is set to be launched on Dec. 30. Yoo Yong-gyu, … Continue reading South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

According to a Chinese media report, the reputed internet giant Baidu launched a blockchain-based service to aid developers as well as small to medium enterprises (SMEs) wanting to set up decentralized applications. The name of this new service roughly translates to ‘Open Network’ and will give access to users to develop and utilize applications without the need … Continue reading Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

Venture capitalist and PayPal co-founder Peter Thiel is backing New York-based BlockFi in a new funding round of $30 million. The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, … Continue reading PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

"The Wars to Come," Blockchain – A Game Changer for Auditors

Every industrial revolution was driven by different automation. The “Steam Engine” began the “First Industrial Revolution”, Previous industrial revolutions were driven by “Factory Machines and Fossil Fuels”. Whereas, the on-going automation revolution is based on “Data-Driven Artificial Intelligence” (AI) and “Blockchain Technology”. If “data is the fuel “of the Fourth Industrial Revolution, “blockchain will be the engine” driving it forward. Both of them have a … Continue reading "The Wars to Come," Blockchain – A Game Changer for Auditors