Blockchain is a system for storing information in such a way that it is difficult or impossible to edit, hack, or trick the system. A blockchain is essentially a digital ledger of transactions that is replicated and distributed across the blockchain’s complete network of computer systems.
JPMorgan is making significant strides in its efforts to integrate blockchain technology into traditional banking systems. According to a Bloomberg report on June 23, 2023, the American financial institution has successfully expanded the capabilities of JPM Coin, its blockchain-based payment token, to enable its business clients to conduct financial transactions ...
The U.S. House of Representatives Subcommittee on Innovation, Data, and Commerce of the Energy and Commerce Committee held a hearing on June 7, 2023, to discuss the future of Web3 and blockchain technology in the country. Prominent figures from the industry, including Ryan Wyatt, president of Polygon Labs, and representatives ...
A senior government official representing the Reserve Bank of India (RBI) has advocated for banks' adoption of blockchain and artificial intelligence (AI) technologies to ensure sustainable growth and stability. Governance in Banks: Driving Sustainable Growth and Stability - Speech delivered by Shri M K Jain, Deputy Governor, Reserve Bank of ...
Aleph Zero, a zero-knowledge privacy blockchain platform, has announced its partnership with the University of Nicosia (UNIC). The partnership aims to proffer solutions to the pressing issues in the blockchain ecosystem and advance blockchain adoption through education and research. The collaboration between Aleph Zero and the University of Nicosia revolves ...
According to a recent interview with officials from European airlines Lufthansa and Eurowings, travel companies are embracing Web3 technologies to propel the industry forward. Lufthansa and Eurowings are among the early adopters of the Camino Network, a blockchain platform specifically designed for the travel industry. The Camino Network blockchain and ...
China has inaugurated the National Blockchain Technology Innovation Center in Beijing to train more than 500,000 professionals in distributed ledger technology (DLT). Led by the Beijing Academy of Blockchain and Edge Computing, the center will collaborate with local universities, think tanks, and blockchain businesses to advance the technology in China. ...
A new survey by Goldman Sachs reveals that wealthy individuals are increasingly investing in digital assets and blockchain technology. According to the survey, 32% of family offices now invest in digital assets, including stablecoins, non-fungible tokens (NFTs), decentralized finance (DeFi), and blockchain-focused funds. The survey also reveals that family offices ...
Bitget has launched a $10 million "Blockchain4Youth" initiative to support the education and growth of blockchain technology. The project will offer blockchain courses and certifications through Bitget Academy and collaborate with universities globally to hold a series of campus lectures. The lectures will be dedicated to Web3 and begin in ...
The Nigerian government has announced a national blockchain policy aimed at promoting the development of a blockchain-based economy that enables secure transactions, data sharing, and value exchange among individuals, companies, and the government. This move is expected to benefit the country's public and private sectors and foster innovation, trust, growth, ...
The Santa Cruz County Board of Supervisors in Northern California has voted unanimously to use blockchain technology to improve government operations. The county will implement a digital wallet powered by HUMBL to store and exchange official documentation and government services. This decision was made at the meeting held on April ...
