Dfinity, Cambodia agree on advancing smart city innovation

The Swiss-based backer of the Internet Computer Protocol will provide training and entrepreneurial support as well as decentralized computing.

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Malaysia adopts Worldcoin for personal verification and digital ID

Malaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology.

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Nigeria to train 1,000 youths on AI, blockchain every year

The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation.

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Intel and AfDB to train millions of Africans in AI

The initiative aims to equip many Africans with skills in advanced technologies like artificial intelligence, robotics and data science.

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Mashreq Bank Partners with Oracle to Enhance Global Operations

Mashreq Bank extends its partnership with Oracle Financial Services to modernize its core banking systems and support global expansion. (Read More)

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Oracle to Launch Two New Cloud Regions in Morocco to Drive Digital Transformation

Oracle will open two Oracle Cloud Regions in Morocco to enhance digital transformation and innovation. (Read More)

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Study: Generative AI Could Add Trillions to Global Economy

A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools like Chatgpt could have across sectors. McKinsey & Company Study: ‘Generative AI Is [...]

The post Study: Generative AI Could Add Trillions to Global Economy appeared first on Crypto Breaking News.

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Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why [...]

The post Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking appeared first on Crypto Breaking News.

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Japan PM Says Govt’s Digital Transformation Investments Will Include Metaverse, NFTs

Japan embraces the use ofweb3 related services like metaverse, NFTs, blockchain, as solutions to challenges facing the society. (Read More)

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Ukraine Invests $15 Million Worth Crypto Donations in Military Equipment

According to Alex Bornyakov, Ukraine’s Deputy Minister of Digital Transformation, Ukraine has invested $15 million on military equipment using crypto donations. These include bulletproof vests, food, bandages, and night-vision equipment not even two days into Russia’s incursion into Ukraine.  While some vendors accepted cryptocurrency, others only took euros or dollars, requiring the transfer of specific […]

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Tether Partners with Guinea to Propel Digital Transformation via Blockchain

Tether has signed an MoU with Guinea to explore blockchain technologies, aiming to foster digital innovation and economic growth in Africa. (Read More)

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Globe and GCrypto Collaborate with YGG for Web3 Community Summit

Globe, GCrypto, and YGG Philippines gear up to host Web3 Summit, highlighting their commitment to foster an inclusive web3 environment.

The post Globe and GCrypto Collaborate with YGG for Web3 Community Summit appeared first on BitPinas.

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CoreWeave Names Sandy Venugopal as New CIO to Drive Digital Transformation

CoreWeave appoints Sandy Venugopal as Chief Information Officer to spearhead its IT and digital transformation strategies, enhancing innovation and growth. (Read More)

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