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[ad_1] The blockchain technology could help the global fintech sector gain financially, as well as give it a much-needed refreshment in the coming years. Implementing the distributed ledger technology, that is blockchain, into the existing financial sector could save around $10 billion (roughly Rs. 82,252 crore) in the next seven years. The finding was published … Read more
[ad_1] Web3 security firm Olympix has garnered $4.3 million (roughly Rs. 35 crore) in a seed funding round lead by Boldstart Ventures. The startup merges the capabilities of blockchain and artificial intelligence (AI) to provide scalable cyber security solutions. This funding testifies to the growing interration of Web3 and AI that could be the next … Read more
[ad_1] Asia, the largest continent comprising 51 nations, is garnering the attention of Web3 players from different parts of the world, owing to its diverse market. ‘Account abstraction’ or Blockchain-based smart accounts could be the next thing that could onboard billions of Asians onto Web3, industry experts seem to believe. Essentially, account abstraction is a … Read more
[ad_1] Mastercard is foreseeing a future for money, that would bring people plenty of options to decide from on how they wish to utilise their assets. The card payments major has predicted that blockchain can bring that element of programmability to money as we know and use today. To make blockchain-based financial ecosystems secure, scalable, … Read more
[ad_1] Tezos, the eco-friendly blockchain network, has revamped itself this week with a fresh upgrade called ‘Nairobi’. This marks the fourteenth major upgrade for the blockchain since its inception in June 2018. The developers behind the blockchain are taking a fast-paced approach towards their pursuit of transforming Tezos into a multi-functional platform that could support … Read more
[ad_1] A collection of dog-themed NFTs have been launched by the German intelligence unit, Bundesnachrichtendienst (BND), hoping to attract promising cyber talent from among the public. The BND’s NFT collection will be a gate pass to enter a blockchain-based treasure hunt. People who manage to fare well in this difficult virtual test, could get an … Read more
[ad_1] A lot was said about the Bitcoin ecosystem being left behind in the game when the Etheruem blockchain transitioned into an eco-friendly proof-of-stake (PoS) mining model last year. While Bitcoin has managed to maintain its hegemony in the crypto kingdom, the Bitcoin blockchain ecosystem still has a margin to compete with the likes of … Read more
[ad_1] As India continues to progress in nurturing, developing, and adopting modern technologies, its population of nearly two billion are also getting accustomed to the virtual convenience. The massive success of the UPI payment system — that is currently used by over 300 million monthly active users — is a testimony of India’s large appetite … Read more