Tag: Adoption

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Blockchain Healthcare Firm Wins US National Science Foundation Grant

SimplyVital Health has received a $225,000 grant from the U.S. National Science Foundation to research means of reducing healthcare costs. New England-based blockchain firm SimplyVital Health, Inc. has received a $225,000 grant from the United States National Science Foundation (NSF) to research integration of its protocol Nexus with the Graphene protocol. The NSF awarded the…
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Bakkt’s Bitcoin Futures Trading Volume Soars 796% in One Day: Report

The trading volume of Bitcoin futures on the Intercontinental Exchange’s Bakkt platform reportedly soared to 224 contracts on Oct. 9 — 796% higher than the previous day. The trading volume of Bitcoin (BTC) futures on the Intercontinental Exchange’s (ICE) Bakkt platform reportedly soared to 224 contracts on Oct. 9 — 796% higher than the previous…
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South Korea’s Crypto Youth | Cointelegraph Documentary

Cointelegraph travelled to South Korea to meet a new generation of crypto entrepreneurs. In the last few decades, South Korea has been among the fastest developing countries in the world. It is currently the planet’s third-largest crypto economy, after the United States and Japan.  Cointelegraph traveled to Korea to meet a new generation of crypto…
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PayPal Ditches Libra, Crypto Stagnant, Mark Cuban Hates BTC: Hodler’s Digest, Sept. 30–Oct. 6

PayPal pulls out of the Libra Association, crypto markets fail to recover, and Mark Cuban says he’d rather have bananas than BTC. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more…
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CMBI Partners With Sequoia-Backed Startup to Develop DeFi Services

China Merchants Bank International is partnering with Nervos Network to jointly develop new decentralized finance applications. China Merchants Bank International (CMBI) is partnering with Nervos Network — a Chinese blockchain startup founded by a former researcher and developer of the Ethereum Foundation. A press release published on Oct. 3 revealed that the new partnership will…
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Andreessen Horowitz Opens School Focused on Crypto Startups

Venture capital firm Andreessen Horowitz is opening a school specializing in startups aiming to develop cryptocurrency-related projects.

Venture capital firm Andreessen Horowitz (a16z) is opening a school specializing in startups aiming to develop cryptocurrency-related projects.

Andreessen Horowitz unveiled its Crypto Startup School in an announcement on Oct. 3, saying that it intends to “encourage more tech entrepreneurs to start crypto projects and help crypto-curious builders navigate the idea maze.”

Referring to the so-termed idea maze, the company addressed the importance of good ideas for startups industry, which are eventually “well developed, multi-year plans that contemplate many possible paths according to how the world changes.”

Commenting on the initiative launch, Chris Dixon, a general partner at Andreessen Horowitz, told The Block that the school will be free of charge, adding:

“We are going to run a startup school for crypto-specific startups and what we’ve learned over the last seven years as best practices in this category.”

Blockchain and crypto in education

In recent months, an array of industry players have rolled out education-related initiatives. Most recently, privacy-centric computing network and app ecosystem Blockstack announced a partnership with skills-based online school Lambda School. Students enrolled in the program can reportedly now learn how to code Blockstack apps and earn monthly revenue through its App Mining Program.

Major global crypto exchange Binance introduced its new developer-focused project, called Binance X. The project will reportedly support developers and their initiatives by assisting in education and collaboration on Binance and connecting them with relevant internal programs that help projects progress at different stages of growth.

In late August, Coinbase shared research in which it used rankings from US News and World Report for its list of the top 50 universities. The analysis showed that 56% of the top 50 universities in the world offer one or more classes on cryptocurrency or blockchain tech.

US Police Devices Firm Explores Blockchain to Fight Deepfake Videos

U.S. law enforcement technology manufacturer Axon Enterprise Inc. is exploring new data tracking technologies, including blockchain, for its new body cameras.

Leading technology manufacturer for United States law enforcement Axon Enterprise Inc. is exploring new data tracking technologies, including blockchain, for its body cameras.

Verifying police footage

The impetus behind Axon’s interest in emerging technologies is public and government concerns about “deepfake” videos, Reuters reported on Oct. 3. Deepfake videos are produced using a particular type of artificial intelligence (AI) making them look and sound like the real thing. 

This technology causes a great apprehension that bad actors can easily manipulate videos to discredit an individual. This is obviously of major concern for police wearing body cameras. Axon is looking into using blockchain to verify the authenticity of police body-cam footage.

In its new generation of cameras, Axon includes a secure digital signature to help track provenance of videos. “Axon recognizes the threat posed by ‘deepfakes’ to cause general mistrust in the integrity of any video, including body-worn camera videos,” Axon’s spokesperson told Reuters.

Blockchain and AI lead the way

Blockchain and AI are now widely used by enterprises to improve their internal processes and products. In a dedicated analysis for Cointelegraph, Julia Magas wrote that by being able to continuously analyze data under a strict protocol required for achieving desired results, AI leads the way by allowing data to be properly stratified and shared.

Blockchain lends its characteristics to make sure the data is handled in an environment that is safe from external interference, as well as tampering of data ownership and sequence.

On the government level, The European Union is increasing the amount of data that can be reused as raw material for AI and blockchain projects. Alexandru Petrescu, Romania’s minister for communications, said:

“These rules are a real enabler for artificial intelligence and will help Europe to become a world leader in this crucial area. They will bolster the EU digital industry, especially smaller companies and startups, which would not otherwise have access to all the data they need to innovate and expand.”

Morningstar Develops Blockchain Platform for Debt Securities

The credit rating arm of financial services firm Morningstar is developing a blockchain platform for debt securities. The credit rating arm of financial services giant Morningstar is developing a blockchain platform for the $117 trillion debt securities industry. Morningstar Credit Ratings is building an evaluation system for debt securities issued as tokens on a blockchain,…
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Sierra Leone Aims to Finish National Blockchain ID System in Late 2019

The president of Sierra Leone said that the government is planning to introduce a blockchain-based ID system by the end of 2019. The government of Sierra Leone plans to fully adopt a blockchain-enabled national identity system by the end of 2019. United Nations involved President of Sierra Leone Julius Maada Bio reportedly claimed that the…
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Russell Okung: From NFL Superstar to Bitcoin Educator in 2 Years

NFL star and left tackle for the Los Angeles Chargers Russell Okung has hosted a Bitcoin conference to promote mainstream adoption of cryptocurrency. NFL star and left tackle for the Los Angeles Chargers Russell Okung has hosted a Bitcoin (BTC) conference to boost knowledge and adoption of the cryptocurrency. Speakers at the event, hosted in…
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