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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How brands can transform loyalty programs with Web3: Polygon Labs

Polygon researchers argued that brands could use Web3 data to create more targeted products, services and marketing campaigns.

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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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UAE central bank approves licensing system for stablecoins

KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of dirham-backed payment tokens.

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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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AI Factories: Unleashing Revenue Potential Through Data Transformation

AI factories are revolutionizing industries by converting data into valuable outputs, driving revenue potential through efficient processing and optimized infrastructure, according to NVIDIA. (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 [...]

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Tim Draper Predicts Bitcoin Will Outpace Fiat Currencies, Asserts Its Superiority Over Traditional Banking

Renowned bitcoin investor and venture capitalist, Tim Draper, envisions a future where bitcoin emerges as a formidable competitor to the world’s fiat currencies. During a recent interview with Fox News, Draper argued that bitcoin’s inherent safety and superiority surpass those of traditional banking systems and government-controlled fiat currencies. Venture Capitalist Tim Draper Says Bitcoin Is [...]

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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 [...]

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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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MARA Reports Record Financial Results for 2024 Amid Energy Transition Efforts

MARA Holdings, Inc. announces record-high revenue and net income for Q4 and full year 2024, driven by strategic energy transformation initiatives. (Read More)

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Unprecedented Crypto Transformation: A Recap of Trumps First 30 Days

In the initial month of Donald Trump’s presidency, significant shifts in the cryptocurrency sector have emerged. The new administration’s policies and rhetoric have sparked both excitement and concern among investors and enthusiasts alike. Many are eager to see how Trump’s leadership will impact the future of digital currencies. As the crypto market continues to evolve, [...]

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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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BSP Report: P2P & Merchant Payments Propel Digital Payments Adoption in the Philippines

The BSP reports significant growth in digital payments adoption in the Philippines, with a volume share of 42.1%,

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TSMC Advances Towards 2-Nanometer Chips in Taiwan; A Breakthrough That Could Revolutionize Bitcoin Mining

Taiwan Semiconductor Manufacturing Co. (TSMC) is taking bold strides toward the future of semiconductor technology, planning to manufacture next-generation 2-nanometer (nm) chips at a new plant in Kaohsiung, Taiwan. Reports detail that the date for mass production remains undecided, with the company also targeting Hsinchu County in northern Taiwan for 2nm production by 2025. Kaohsiung [...]

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