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Breaking Boundaries: Orbit Chain's Pioneering Partnership with South Korean Authorities! 🌐🤝
In a groundbreaking alliance set to redefine investigative protocols, Orbit Chain has joined forces with the South Korean National Police Agency and the Korea Internet and Security Agency (KISA). Here's the buzz:
🔹 Strategic Collaboration: Orbit Chain isn't just about technology; it's about fostering safer communities. By teaming up with key South Korean agencies, they're pioneering a state-of-the-art investigation support and cause analysis system.
🔹 Elevating Investigations: Imagine a world where investigations are not just reactive but proactive and comprehensive. That's the vision! This innovative system aims to revolutionize investigative methodologies, empowering authorities to stay ahead of the curve.
🔹 Global Outreach: But Orbit Chain's vision doesn't stop at South Korea's borders. With discussions underway for collaboration with both domestic and international law enforcement agencies, they're setting the stage for a global network of security and cooperation.
🔹 A Safer Tomorrow: At its core, this partnership signifies more than technology—it's a commitment to safety, security, and trust. By bridging the gap between technology and law enforcement, Orbit Chain is paving the way for a safer tomorrow.
In the dynamic world of blockchain and security, partnerships like these underscore the transformative potential of collaboration. Orbit Chain is not just making headlines; they're shaping the future of security. Stay tuned as this pioneering journey unfolds! #BTC #blockchain 🌌🔗🚔
In a groundbreaking alliance set to redefine investigative protocols, Orbit Chain has joined forces with the South Korean National Police Agency and the Korea Internet and Security Agency (KISA). Here's the buzz:
🔹 Strategic Collaboration: Orbit Chain isn't just about technology; it's about fostering safer communities. By teaming up with key South Korean agencies, they're pioneering a state-of-the-art investigation support and cause analysis system.
🔹 Elevating Investigations: Imagine a world where investigations are not just reactive but proactive and comprehensive. That's the vision! This innovative system aims to revolutionize investigative methodologies, empowering authorities to stay ahead of the curve.
🔹 Global Outreach: But Orbit Chain's vision doesn't stop at South Korea's borders. With discussions underway for collaboration with both domestic and international law enforcement agencies, they're setting the stage for a global network of security and cooperation.
🔹 A Safer Tomorrow: At its core, this partnership signifies more than technology—it's a commitment to safety, security, and trust. By bridging the gap between technology and law enforcement, Orbit Chain is paving the way for a safer tomorrow.
In the dynamic world of blockchain and security, partnerships like these underscore the transformative potential of collaboration. Orbit Chain is not just making headlines; they're shaping the future of security. Stay tuned as this pioneering journey unfolds! #BTC #blockchain 🌌🔗🚔
Blochchain Technology 👉
Blockchain technology is a decentralized and distributed ledger system that records transactions across a network of computers in a secure and transparent manner. It consists of a chain of blocks, where each block contains a list of transactions. These blocks are linked together using cryptographic hashes, forming a chronological and unchangeable chain.Key features of blockchain technology include:Decentralization: No single entity has control over the entire blockchain, making it resistant to censorship and tampering.Transparency: The entire transaction history is visible to all participants in the network, enhancing transparency and trust.Immutability: Once a block is added to the chain, it is nearly impossible to alter previous blocks, ensuring the integrity of the entire transaction history.Security: Cryptographic techniques secure transactions, making it challenging for malicious actors to manipulate the data.Blockchain is the underlying technology for cryptocurrencies, but its applications extend beyond finance. It's being explored for various uses such as supply chain management, smart contracts, and decentralized applications (DApps).#blockchain #Web3CreativeHub #TechnicalStudy
Blockchain technology is a decentralized and distributed ledger system that records transactions across a network of computers in a secure and transparent manner. It consists of a chain of blocks, where each block contains a list of transactions. These blocks are linked together using cryptographic hashes, forming a chronological and unchangeable chain.Key features of blockchain technology include:Decentralization: No single entity has control over the entire blockchain, making it resistant to censorship and tampering.Transparency: The entire transaction history is visible to all participants in the network, enhancing transparency and trust.Immutability: Once a block is added to the chain, it is nearly impossible to alter previous blocks, ensuring the integrity of the entire transaction history.Security: Cryptographic techniques secure transactions, making it challenging for malicious actors to manipulate the data.Blockchain is the underlying technology for cryptocurrencies, but its applications extend beyond finance. It's being explored for various uses such as supply chain management, smart contracts, and decentralized applications (DApps).#blockchain #Web3CreativeHub #TechnicalStudy
2024: What Should You Watch Out For?
Every crypto enthusiast is hoping that this year will turn out to be the breakthrough year in the space.
So, I have gathered the expected big events of 2024 to help you make the best decisions!
Here are some of the top trends to watch out for in the crypto and blockchain space in 2024:
$BTC could reach new all-time highs, surpassing $80,000, driven by the halving event and the launch of spot Bitcoin ETFs.
$ETH revenue could double to $5 billion, as the network transitions to Ethereum 2.0, a more scalable, efficient, and sustainable version.
Stablecoins, which are cryptocurrencies pegged to fiat currencies or other assets, could see a surge in adoption and usage, even exceeding Visa in transaction volume.
DeFi, or decentralized finance, could continue to grow rapidly, eliminating the need for intermediaries in financial transactions.
Enterprise blockchain adoption could increase, as more businesses and organizations leverage the benefits of distributed ledger technology.
CBDCs, or central bank digital currencies, could become more prevalent, as more countries experiment with issuing their digital versions of their national currencies.
NFTs, or non-fungible tokens, could expand beyond the art and gaming sectors, and into pop culture, music, sports, and more.
AI, or artificial intelligence, could enhance blockchain capabilities, such as security, scalability, and interoperability.
These are just some of the possible trends that could shape the crypto and blockchain landscape in 2024. Of course, many more factors and developments could influence the market, so it is always advisable to do your research and stay updated with the latest news and information.
#Artificial_Intelligence #NFTRevolution #De.Fi #CBDCs #blockchain
Every crypto enthusiast is hoping that this year will turn out to be the breakthrough year in the space.
So, I have gathered the expected big events of 2024 to help you make the best decisions!
Here are some of the top trends to watch out for in the crypto and blockchain space in 2024:
$BTC could reach new all-time highs, surpassing $80,000, driven by the halving event and the launch of spot Bitcoin ETFs.
$ETH revenue could double to $5 billion, as the network transitions to Ethereum 2.0, a more scalable, efficient, and sustainable version.
Stablecoins, which are cryptocurrencies pegged to fiat currencies or other assets, could see a surge in adoption and usage, even exceeding Visa in transaction volume.
DeFi, or decentralized finance, could continue to grow rapidly, eliminating the need for intermediaries in financial transactions.
Enterprise blockchain adoption could increase, as more businesses and organizations leverage the benefits of distributed ledger technology.
CBDCs, or central bank digital currencies, could become more prevalent, as more countries experiment with issuing their digital versions of their national currencies.
NFTs, or non-fungible tokens, could expand beyond the art and gaming sectors, and into pop culture, music, sports, and more.
AI, or artificial intelligence, could enhance blockchain capabilities, such as security, scalability, and interoperability.
These are just some of the possible trends that could shape the crypto and blockchain landscape in 2024. Of course, many more factors and developments could influence the market, so it is always advisable to do your research and stay updated with the latest news and information.
#Artificial_Intelligence #NFTRevolution #De.Fi #CBDCs #blockchain
The amendments allowing the Financial Conduct Authority (FCA) and the Bank of England to implement the Digital Securities Sandbox (DSS) have come into effect. This sandbox allows companies to test new solutions and products related to tokenized securities and distributed ledger technology. 🇬🇧💼 #FCA #BankOfEngland #DigitalSecurities #blockchain #regulations
Delphi Digital’s Report Anticipates a Promising Year for #Web3 Gaming
Delphi Digital recently released a report titled "The Year Ahead for Gaming 2024," asserting that key markets for #blockchain games include the Philippines, Nigeria, Pakistan, Singapore, Vietnam, South Korea, Hong Kong, China, and the United Arab Emirates.
Key insights shared by Stacy Muur, a Web3 marketer, emphasized the stability of the total combined market capitalization of 183 projects, fluctuating between $4 billion and $7 billion throughout the year. Despite being 86% lower than the all-time high in 2022, Muur highlighted significant growth potential.
The report highlighted the #OP Stack framework as the preferred choice for fully on-chain crypto gaming developers. OP Stack, an open-source development stack, simplifies the creation of Layer 2 chains for developers.
Major gaming companies are showing increased interest in entering the Web3 market, and Web3 developers are drawn to Web3 mobile gaming due to improved onboarding processes and "more relaxed regulations."
Data reveals a surge in the total number of gaming-focused networks, with 76 new networks, including general-use L1s and L2, emerging in 2023. Blockchain gaming, during the same period, generated on average 23 times more on-chain transactions than #DEFI protocols.
Approximately 1.2 million daily unique active wallets are engaging with gaming protocols, resulting in a daily transaction range of 15 to 25 million.
The report anticipates AI-driven generation agents creating entirely new player experiences, citing projects like Parallel, AI Arena, Geppetto AI, AVALON, and TODAY at the intersection of artificial intelligence and crypto gaming.
Source - coinedition.com
#BinanceSquareTrends
Delphi Digital recently released a report titled "The Year Ahead for Gaming 2024," asserting that key markets for #blockchain games include the Philippines, Nigeria, Pakistan, Singapore, Vietnam, South Korea, Hong Kong, China, and the United Arab Emirates.
Key insights shared by Stacy Muur, a Web3 marketer, emphasized the stability of the total combined market capitalization of 183 projects, fluctuating between $4 billion and $7 billion throughout the year. Despite being 86% lower than the all-time high in 2022, Muur highlighted significant growth potential.
The report highlighted the #OP Stack framework as the preferred choice for fully on-chain crypto gaming developers. OP Stack, an open-source development stack, simplifies the creation of Layer 2 chains for developers.
Major gaming companies are showing increased interest in entering the Web3 market, and Web3 developers are drawn to Web3 mobile gaming due to improved onboarding processes and "more relaxed regulations."
Data reveals a surge in the total number of gaming-focused networks, with 76 new networks, including general-use L1s and L2, emerging in 2023. Blockchain gaming, during the same period, generated on average 23 times more on-chain transactions than #DEFI protocols.
Approximately 1.2 million daily unique active wallets are engaging with gaming protocols, resulting in a daily transaction range of 15 to 25 million.
The report anticipates AI-driven generation agents creating entirely new player experiences, citing projects like Parallel, AI Arena, Geppetto AI, AVALON, and TODAY at the intersection of artificial intelligence and crypto gaming.
Source - coinedition.com
#BinanceSquareTrends
👉👉👉 Russia’s Nornickel Using ‘#digitalassets ’ to Pay Employee Dividends
Russian metal mining giant Nornickel, also known as Nornickel Norilsk, has announced plans to compensate its employees with dividends in the form of "digital financial assets" (DFAs). The company's board of directors has given approval for a program where employees will receive approximately $10.40 per share. Nornickel's major shareholders have also agreed to extend similar incentives to employees holding its minetoken coin, which is claimed to be backed by tangible metal assets.
Nornickel has been at the forefront of developing DFAs for several years, aiming to commercialize the country's first #blockchain -powered digital commodities. The company received government permission to launch its DFA offering in 2020, with approval from the Central Bank. Last year, Nornickel introduced the Digital Investor program, designed for employees with over a year of service, rewarding them with two to ten tokens based on their tenure.
The mining company initiated a pilot of #DFA dividend payments in various offices, including Norilsk Industrial Region (NPR), Moscow, Saratov, Sochi, St. Petersburg, and Arkhangelsk. Over 51,000 staff members have already received minetoken payments, with additional employees in the Murmansk region, Transbaikal, and Krasnoyarsk territories set to receive coins by the end of January.
Nornickel views this initiative, led by its President Vladimir Potanin, as a form of "people's capitalism." The company was privatized in 1994, with employees collectively owning a 25% stake. Potanin noted that many staff members at that time sold their shares without realizing their true value. While few Russian firms have ventured into the DFA space, lawmakers are reportedly preparing legislation to facilitate others following Nornickel's example. In October of the previous year, a prominent lawmaker advocated for the removal of foreign buying caps for both the digital ruble and upcoming Russian DFAs.
Source - Cryptonews
#CryptoNews #BinanceSquare
Russian metal mining giant Nornickel, also known as Nornickel Norilsk, has announced plans to compensate its employees with dividends in the form of "digital financial assets" (DFAs). The company's board of directors has given approval for a program where employees will receive approximately $10.40 per share. Nornickel's major shareholders have also agreed to extend similar incentives to employees holding its minetoken coin, which is claimed to be backed by tangible metal assets.
Nornickel has been at the forefront of developing DFAs for several years, aiming to commercialize the country's first #blockchain -powered digital commodities. The company received government permission to launch its DFA offering in 2020, with approval from the Central Bank. Last year, Nornickel introduced the Digital Investor program, designed for employees with over a year of service, rewarding them with two to ten tokens based on their tenure.
The mining company initiated a pilot of #DFA dividend payments in various offices, including Norilsk Industrial Region (NPR), Moscow, Saratov, Sochi, St. Petersburg, and Arkhangelsk. Over 51,000 staff members have already received minetoken payments, with additional employees in the Murmansk region, Transbaikal, and Krasnoyarsk territories set to receive coins by the end of January.
Nornickel views this initiative, led by its President Vladimir Potanin, as a form of "people's capitalism." The company was privatized in 1994, with employees collectively owning a 25% stake. Potanin noted that many staff members at that time sold their shares without realizing their true value. While few Russian firms have ventured into the DFA space, lawmakers are reportedly preparing legislation to facilitate others following Nornickel's example. In October of the previous year, a prominent lawmaker advocated for the removal of foreign buying caps for both the digital ruble and upcoming Russian DFAs.
Source - Cryptonews
#CryptoNews #BinanceSquare
Xai is a decentralized gaming ecosystem that focuses on developing and publishing blockchain games and supporting their underlying infrastructure.
#XAI #blockchain #XAI.crypto
#XAI #blockchain #XAI.crypto
the Epic Games Store, a digital marketplace for games, updated its policies to enable some blockchain games to return to its platform.
#blockchain #EpicGames #gaming
#blockchain #EpicGames #gaming
Scammers have used the " #MSDrainer " service to steal approximately $59 million in #crypto from victims over nine months, as per a report by #blockchain security firm #ScamSniffer. The scam operated via #GoogleAds , mimicking popular crypto platforms like Zapper, Lido, Stargate, DefiLlama, Orbiter Finance, and Radient.
The "MS Drainer" is a specialized tool functioning as a blockchain-based smart contract, allowing scammers to drain crypto from victim wallets without authorization. It charges a fee on the stolen amount, sharing it with developers.
Initially identified in March, the scam employed regional targeting and page-switching tactics to evade Google's ad audits, posting counterfeit ads to carry out phishing attacks. Scammers used web redirects, misleading users into accessing fake websites resembling official platforms.
Scam Sniffer uncovered 10,072 fake sites using "MS Drainer," peaking in November before a decline. Over 63,000 victims fell prey to the scheme, losing nearly $59 million in crypto.
The "MS Drainer" developer sold this tool for a flat fee of $1,499.99 on forums, offering additional "modules" at different prices.
The "MS Drainer" is a specialized tool functioning as a blockchain-based smart contract, allowing scammers to drain crypto from victim wallets without authorization. It charges a fee on the stolen amount, sharing it with developers.
Initially identified in March, the scam employed regional targeting and page-switching tactics to evade Google's ad audits, posting counterfeit ads to carry out phishing attacks. Scammers used web redirects, misleading users into accessing fake websites resembling official platforms.
Scam Sniffer uncovered 10,072 fake sites using "MS Drainer," peaking in November before a decline. Over 63,000 victims fell prey to the scheme, losing nearly $59 million in crypto.
The "MS Drainer" developer sold this tool for a flat fee of $1,499.99 on forums, offering additional "modules" at different prices.
Understanding Matters Then You Can Make The Money 💰
Understanding Key ConceptsHere are some fundamental concepts to enhance your crypto knowledge:Blockchain Basics:Understand the foundational technology behind cryptocurrencies. Blockchain is a decentralized ledger that ensures transparency and security in transactions.Cryptocurrency Types:Explore various cryptocurrencies beyond Bitcoin (BTC), such as Ethereum (ETH), Binance (BNB), Ripple (XRP), Litecoin (LTC) and so on. Each has unique features and purposes.Wallet Security:Learn about the importance of secure wallets to store and manage your cryptocurrencies. Hardware wallets provide an extra layer of protection.Binance App has been the top and most trusted crypto exchange platform. It’s secured and trusted.Market Trends:Stay updated on market trends and fluctuations. Cryptocurrency prices are influenced by various factors, including market demand, News, regulatory developments and so on.Decentralized Finance (DeFi):Delve into the world of decentralized finance, where traditional financial services are provided using blockchain technology. Explore decentralized exchanges, lending platforms, and more.Initial Coin Offerings (ICOs) and Token Sales:Understand the concept of ICOs and token sales, which are fundraising methods for new crypto projects. Be aware of the associated risks and potential rewards.Smart Contracts:Explore how smart contracts, self-executing contracts with coded terms, are revolutionizing various industries by automating and ensuring trust in transactions.Regulatory Landscape:Stay informed about crypto regulations in your region. Governments worldwide are working on establishing frameworks to govern the use of cryptocurrencies.NFTs (Non-Fungible Tokens):Dive into the exciting world of NFTs, unique digital assets that represent ownership of specific items, art, or content on the blockchain.Crypto Community Engagement:Join online forums, social media groups, and attend local meetups to engage with the crypto community. Share insights, ask questions, and learn from others' experiences.Remember, the crypto space is dynamic, so continuous learning is essential. Whether you're a seasoned investor or a curious newcomer, staying informed will empower you to navigate the crypto frontier with confidence. #Cryptoeducation🔥 #blockchain #NFP #bnb #BTC
👉👉👉 #solana : Rocket Fuel or Hype Machine? Unveiling the Potential & Pitfalls of the #blockchain Star
Solana, a strong contender in blockchain, challenges Ethereum with remarkable speed & low fees.
1. Pros:
- Unmatched Scalability: Solana's PoH, Sealevel, & Turbine enable 50,000 TPS, surpassing Ethereum's 15 TPS, fostering mass adoption without compromising speed.
- Low Transaction Fees: Solana boasts exceptionally low fees, incentivizing users & developers compared to Ethereum's fluctuating gas fees.
- Developer-Friendly: Solana offers a developer-friendly environment with a familiar Rust-based language, tools, resources, grants, & hackathons, nurturing a thriving community.
- Thriving NFT Ecosystem: Solana is a hub for #NFTs with high speed & low fees, hosting popular marketplaces like Solanart & Magic Eden.
- Sustainable: Solana's hybrid consensus reduces energy consumption, aligning with growing environmental concerns.
2. Cons:
- Centralization Concerns: Despite claims of decentralization, Solana's architecture raises concerns with validators chosen by the foundation & its governance model.
- Network Outages: Despite high throughput, Solana has faced network outages, raising stability concerns for large-scale adoption.
- Evolving Smart Contract Ecosystem: Solana's ecosystem, while rapidly evolving, differs from Ethereum, potentially seen as less mature by developers.
- Security Risks: Solana is susceptible to security vulnerabilities due to its unique architecture, requiring constant vigilance & audits.
- Competition: Solana faces fierce competition from Ethereum & emerging challengers, necessitating continual technological advancement & user attraction.
Conclusion:
Consider Solana for its speed, low fees, and developer-friendly environment, but be aware of technical challenges, decentralization concerns, and evolving #smartcontract functionalities. Evaluate carefully based on specific needs and risk tolerance before entering the Solana ecosystem.
Source - cryptoglobe.com
#BinanceSquare
Solana, a strong contender in blockchain, challenges Ethereum with remarkable speed & low fees.
1. Pros:
- Unmatched Scalability: Solana's PoH, Sealevel, & Turbine enable 50,000 TPS, surpassing Ethereum's 15 TPS, fostering mass adoption without compromising speed.
- Low Transaction Fees: Solana boasts exceptionally low fees, incentivizing users & developers compared to Ethereum's fluctuating gas fees.
- Developer-Friendly: Solana offers a developer-friendly environment with a familiar Rust-based language, tools, resources, grants, & hackathons, nurturing a thriving community.
- Thriving NFT Ecosystem: Solana is a hub for #NFTs with high speed & low fees, hosting popular marketplaces like Solanart & Magic Eden.
- Sustainable: Solana's hybrid consensus reduces energy consumption, aligning with growing environmental concerns.
2. Cons:
- Centralization Concerns: Despite claims of decentralization, Solana's architecture raises concerns with validators chosen by the foundation & its governance model.
- Network Outages: Despite high throughput, Solana has faced network outages, raising stability concerns for large-scale adoption.
- Evolving Smart Contract Ecosystem: Solana's ecosystem, while rapidly evolving, differs from Ethereum, potentially seen as less mature by developers.
- Security Risks: Solana is susceptible to security vulnerabilities due to its unique architecture, requiring constant vigilance & audits.
- Competition: Solana faces fierce competition from Ethereum & emerging challengers, necessitating continual technological advancement & user attraction.
Conclusion:
Consider Solana for its speed, low fees, and developer-friendly environment, but be aware of technical challenges, decentralization concerns, and evolving #smartcontract functionalities. Evaluate carefully based on specific needs and risk tolerance before entering the Solana ecosystem.
Source - cryptoglobe.com
#BinanceSquare
Is It Too Late to Start Investing in Cryptocurrencies in 2024?
Cryptocurrencies have been around for over a decade now, but the question of whether it’s too late to invest in them still lingers. The answer is no. It’s never too late to start investing in cryptocurrencies, and 2024 is no exception. In fact, the current market downturn could be the best time to invest.According to a recent article by The Motley Fool Canada, many investors and businesses still don’t understand the industry and have yet to see the upside of blockchain technology. This means that there is still plenty of room for growth in the cryptocurrency market.Although the market has experienced a significant downturn recently, it’s important to remember that this is not the first time this has happened. In fact, market slumps can be the best opportunity to invest. As the saying goes, “buy low, sell high.” The current market downturn could be the perfect opportunity to buy low and reap the rewards when the market bounces back.So, what are some of the best cryptocurrencies to invest in? While there is no one-size-fits-all answer to this question, some of the most popular cryptocurrencies include Bitcoin, Ethereum, and Solana. However, it’s important to do your own research and invest in cryptocurrencies that align with your investment goals and risk tolerance.Please note that this is not a solicitation for investment. Investing is risky, please study the details carefully before making a decision.#cryptocurrency #investing #blockchain #2024bitcoinhalving #buylow
In recent years, virtual reality (VR) has become a groundbreaking technology, transforming the way we experience and interact with the digital world. The immersive nature of VR allows users to be transported to virtual environments and explore new dimensions. However, the adoption of this technology has been limited to a certain extent due to various challenges, such as the lack of trust in the security and transparency of virtual assets.
..but, let's talk about the progress Alvey Chain has made over the past year.
We started trading the $WALV token (Wrapped Alvey Coin) on August 16, 2022, during which time the project has achieved many listings, including on Central Exchanges such as MEXC, Gate.io, DigiFinex, Biconomy and many, many more...
In December 2022, the Alvey blockchain was put into operation, which predict the fastest transaction per second of as much as 240K. We can already enjoy fast transactions between wallets/operations and low operating costs.
Not only that.. The Alvey exchange is being created, and it will be the world's first VR/AR exchange. We will have the opportunity to connect VR equipment to the exchange and enjoy the pleasure of operating it! The gigabyte-rich world of Elves Forest, which we will also explore with VR goggles, trade Tokens or NFTs.
A lot of partnerships announced, establishing collaborations to achieve the perfect product that will soon see the light of day - this should be of interest to you.
On the Alvey blockchain, you can create anything if you have the codes for it of course. Memecoins, high-usage coins, NFTs, and more.
#BTC #VR #alvey #blockchain #Ethereum2024
..but, let's talk about the progress Alvey Chain has made over the past year.
We started trading the $WALV token (Wrapped Alvey Coin) on August 16, 2022, during which time the project has achieved many listings, including on Central Exchanges such as MEXC, Gate.io, DigiFinex, Biconomy and many, many more...
In December 2022, the Alvey blockchain was put into operation, which predict the fastest transaction per second of as much as 240K. We can already enjoy fast transactions between wallets/operations and low operating costs.
Not only that.. The Alvey exchange is being created, and it will be the world's first VR/AR exchange. We will have the opportunity to connect VR equipment to the exchange and enjoy the pleasure of operating it! The gigabyte-rich world of Elves Forest, which we will also explore with VR goggles, trade Tokens or NFTs.
A lot of partnerships announced, establishing collaborations to achieve the perfect product that will soon see the light of day - this should be of interest to you.
On the Alvey blockchain, you can create anything if you have the codes for it of course. Memecoins, high-usage coins, NFTs, and more.
#BTC #VR #alvey #blockchain #Ethereum2024
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🌟 Exclusive Offer: Use code #CryptoBoom for a chance to win $BTC, $ETH, and more!
Click Here To GRab Free USDT
Hurry! Grab your digital treasure chest before the offer vanishes! 💰🔐 #UltimateCryptoReward
🌬️ Embrace the Winter Bliss! ❄️🎉
Ready to Heat Up Your Wallet? 🔥💰
🎁 Claim Your Free Reward of up to $50! 🤑💵
Celebrate Winter with Your Crypto Gift! 🎁❄️
Don't forget to Like & Follow for more exciting offers!
Feeling generous? Tips are welcome! 😉
#blockchain #CryptoGifts #XRP #ADA #BTC
Kevin Shao, ABGA Executive President, ICC Advisor, Web3Labs Partner, and Bitrise Capital Founder: Blockchain Gaming Will Gain Mass Adoption
At the "Hong Kong Web3.0 Entrepreneurs Conference," organized by Web3Labs, ABGA, Satoshi Lab, ICC Camp, and AIFocus, and co-hosted by Techub News, iPollo, and MetaEra, Kevin Shao, the Executive President of ABGA, ICC Advisor, Web3Labs Partner, and founder of Bitrise Capital, stated that the current state of blockchain technology and public chain infrastructure are more advanced compared to the past. Coupled with the fervor surrounding the concept of full chain games and the active participation of major players from the traditional gaming industry, Kevin Shao expressed the belief that #blockchain games are poised for widespread adoption. Looking ahead, he believes that blockchain technology will integrate into the entire gaming industry, naturally delivering true ownership of virtual assets to individuals.
At the "Hong Kong Web3.0 Entrepreneurs Conference," organized by Web3Labs, ABGA, Satoshi Lab, ICC Camp, and AIFocus, and co-hosted by Techub News, iPollo, and MetaEra, Kevin Shao, the Executive President of ABGA, ICC Advisor, Web3Labs Partner, and founder of Bitrise Capital, stated that the current state of blockchain technology and public chain infrastructure are more advanced compared to the past. Coupled with the fervor surrounding the concept of full chain games and the active participation of major players from the traditional gaming industry, Kevin Shao expressed the belief that #blockchain games are poised for widespread adoption. Looking ahead, he believes that blockchain technology will integrate into the entire gaming industry, naturally delivering true ownership of virtual assets to individuals.
👉👉👉 Central banks are adopting #AI despite inherent risks
A recent study by the Bank for International Settlements (BIS) has delved into the use of artificial intelligence (AI) tools by central banks, cautioning regulators about the inherent risks associated with this emerging technology.
The nine-page report, titled "Artificial intelligence in central banking," focuses on the application and potential risks of large language models (LLMs) by global central banks. Describing central banks as early adopters, the report discusses their reliance on AI models for information collection, leveraging machine learning techniques for tasks such as data sampling, cleaning, and matching information to existing sources.
Central banks are increasingly turning to AI-backed financial analysis to inform decisions on monetary policy. Neural networks and random forest models are utilized to access real-time data for inflation expectations and gather feedback on the effectiveness of monetary policy through the analysis of social media posts.
The use cases also extend to regulatory functions, with AI systems overseeing and supervising payment systems. These systems have proven effective in identifying irregular financial transactions, addressing concerns related to money laundering and cyberattacks.
The report highlights specific examples, such as the Central Bank of Brazil's deployment of ADAM, a classification model predicting borrowers likely to default on loans. Other regulators use AI systems to anticipate consumer behaviors in response to the introduction of a central bank digital currency (#CBDC ).
The report emphasizes AI's inherent risks, such as biased outputs from training data and challenges like hallucination. Short-term solutions involve central banks training staff in AI, but competition for skilled personnel with private firms is expected. To address challenges, the report recommends integrating an enterprise #blockchain system to ensure data quality, ownership, and immutability.
Source - coingeek.com
#CryptoNews #BinanceSquare
A recent study by the Bank for International Settlements (BIS) has delved into the use of artificial intelligence (AI) tools by central banks, cautioning regulators about the inherent risks associated with this emerging technology.
The nine-page report, titled "Artificial intelligence in central banking," focuses on the application and potential risks of large language models (LLMs) by global central banks. Describing central banks as early adopters, the report discusses their reliance on AI models for information collection, leveraging machine learning techniques for tasks such as data sampling, cleaning, and matching information to existing sources.
Central banks are increasingly turning to AI-backed financial analysis to inform decisions on monetary policy. Neural networks and random forest models are utilized to access real-time data for inflation expectations and gather feedback on the effectiveness of monetary policy through the analysis of social media posts.
The use cases also extend to regulatory functions, with AI systems overseeing and supervising payment systems. These systems have proven effective in identifying irregular financial transactions, addressing concerns related to money laundering and cyberattacks.
The report highlights specific examples, such as the Central Bank of Brazil's deployment of ADAM, a classification model predicting borrowers likely to default on loans. Other regulators use AI systems to anticipate consumer behaviors in response to the introduction of a central bank digital currency (#CBDC ).
The report emphasizes AI's inherent risks, such as biased outputs from training data and challenges like hallucination. Short-term solutions involve central banks training staff in AI, but competition for skilled personnel with private firms is expected. To address challenges, the report recommends integrating an enterprise #blockchain system to ensure data quality, ownership, and immutability.
Source - coingeek.com
#CryptoNews #BinanceSquare
Democracy Goes Digital: Can Blockchain Secure the Vote in 2024's Super Election Year?
With over 64 countries, including giants like India and the US, holding elections in 2024, the world is preparing for a democratic super year. Amidst rising concerns over election integrity, a new whisper emerges: can blockchain revolutionize the way we vote?
Blockchain, the technology behind cryptocurrencies, offers a secure and transparent voting system. Votes cast are recorded on a tamper-proof ledger, reducing fraud and boosting trust. Pilot programs have shown promise, but challenges like scalability and digital inclusivity remain.
Despite hurdles, the urgency is clear. 2024 could be a turning point for digital democracy. With careful implementation and public education, blockchain may just become the missing piece in rebuilding trust and securing our votes. The future of democracy might just be a click away.
This Blog retains the crucial elements: the scale of 2024 elections, the potential of blockchain for secure voting, and the need for careful implementation.
#crypto2024 #blockchain
With over 64 countries, including giants like India and the US, holding elections in 2024, the world is preparing for a democratic super year. Amidst rising concerns over election integrity, a new whisper emerges: can blockchain revolutionize the way we vote?
Blockchain, the technology behind cryptocurrencies, offers a secure and transparent voting system. Votes cast are recorded on a tamper-proof ledger, reducing fraud and boosting trust. Pilot programs have shown promise, but challenges like scalability and digital inclusivity remain.
Despite hurdles, the urgency is clear. 2024 could be a turning point for digital democracy. With careful implementation and public education, blockchain may just become the missing piece in rebuilding trust and securing our votes. The future of democracy might just be a click away.
This Blog retains the crucial elements: the scale of 2024 elections, the potential of blockchain for secure voting, and the need for careful implementation.
#crypto2024 #blockchain
