technology
Google To Have An Even Darker Dark Mode – What We Know
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Why AI and Robotics are the Key to True Digital Transformation
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True Tickets powers blockchain-based Broadway tickets sales
True Tickets, the blockchain-based digital ticketing platform, made its Broadway debut last fall in collaboration with the Roundabout Theatre Company in New York City. After a “successful” run thus far delivering digital tickets to the Trouble in Mind play and Caroline, or Change musical, Matthew Zarracina, co-founder and CEO of True Tickets, talks blockchain and ticketing with Cointelegraph. When a prospective theatre-goer completes a ticket purchase on the Roundabout website and chooses a digital delivery, as opposed to picking up a ticket at will call or printing it at home, that’s True Tickets cue to come in. Built on the Hyperledger Fabric platform that runs on the IBM Blockchain and deploys to Google Cloud, True Tickets provides the infrastructure that generate...
Women’s interest in crypto grows, but education gap persists: Study
Even though female investors are increasingly interested in cryptocurrency and blockchain technology, there is still a significant knowledge gap when it comes to these topics, a new study reveals. BlockFi noted that a third-party survey panel conducted the study on Jan. 28, 2022, and included 1,031 female-identifying Americans between the ages of 18 and 65. According to a recent study by BlockFi focused on the shifting attitudes toward cryptocurrency, 92% of the women surveyed have heard about crypto, with almost one in four (24%) already owning some. In contrast, 80% still find it difficult to understand and 72% believe investing is too risky. Per the study, over one-third of women intend to purchase cryptocurrency in 2022, with 60% of respondents saying they would buy crypto in the next ...
Econet & Ericsson Launch 5G in Zimbabwe
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South Korea readies itself for a blockchain future by launching a $186M metaverse project
The government wants to boost the growth of its metaverse ecosystem, with ambitions that it could host businesses in the future Last month, South Korea launched a five-year strategic plan to become the global metaverse leader The government of South Korea is taking significant strides towards evolving into a metaverse future. Yesterday, the nation’s Ministry of ICT, Science, and Future Planning guaranteed a KRW 223.7 billion ($186 million) investment into advancing the country’s metaverse ecosystem. According to an official statement sent out by the ministry, the endgame for this investment is to achieve an all-inclusive metaverse ecosystem, dubbed the ‘Expanded Virtual World.’ It would enable the virtual expansion of cities, education initiatives, and the media. The ministry will channel ...
The DAO is a major concept for 2022 and will disrupt many industries
The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced. In the last couple of years, the DeFi and NFT industries have experienced immense levels of growth and, currently, metaverses and Web3 are the technologies making the digital space light up. It is not yet clear where these disruptive technologies will lead us, but we are sure that there will be much value up for grabs. At the convergence of Web3 and NFTs lie many platforms looking to leverage technology and infrastructure to make the NFT ecosystem more decentralized, structured and community-driven. Using both social building and governance, the decentralized a...
Why decentralization isn’t the ultimate goal of Web3
The transition from Web2 to Web3 is inevitable. Yet, as the demand for decentralization gains momentum, several important questions are being raised about the current state of blockchain technology and its promised “decentralization.” Vitalik Buterin responded with a confession that “a lot of it comes down to limited technical resources and funding. It’s easier to build things the lazy centralized way, and it takes serious effort to ‘do it right.’” Or, Jack Dorsey’s recent tweet where he claimed that it’s actually the venture capitalists who own the networks that exist today. You don’t own “web3.” The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label. Know what you’re getting into… — jack⚡️ (@jack) Decembe...
Blockchain forensics is the trusted informant in crypto crime scene investigation
The seizure by the U.S. Department of Justice of $3.6 billion worth of Bitcoin (BTC) lost during the 2016 hack of Bitfinex’s cryptocurrency exchange has all the ingredients of a Hollywood film — eye-popping sums, colorful protagonists and crypto cloak-and-dagger — so much so that Netflix has already commissioned a docuseries. But, who are the unsung heroes in this action-packed thriller? Federal investigators from multiple agencies including the new National Cryptocurrency Enforcement Team have painstakingly followed the money trail to assemble the case. The Feds also seized the Colonial Pipeline ransoms paid in crypto, making headlines last year. The Internal Revenue Service (IRS) seized $3.5 billion worth of crypto in 2021 in non-tax investigations, according to the recently releas...
Are crypto and blockchain safe for kids, or should greater measures be put in place?
Crypto is going mainstream, and the world’s younger generation, in particular, is taking note. Cryptocurrency exchange Crypto.com recently predicted that crypto users worldwide could reach 1 billion by the end of 2022. Further findings show that Millennials — those between the ages of 26 and 41 — are turning to digital asset investment to build wealth. For example, a study conducted in 2021 by personal loan company Stilt found that, according to its user data, more than 94% of people who own crypto were between 18 and 40. Keeping children safe While the increased interest in cryptocurrency is notable, some are raising concerns regarding the ways those under the age of 18 are interacting with digital assets. These challenges were highlighted in UNICEF’s recent “Prospects for children in 202...
Is there a future for digital fashion in the Metaverse?
ourtesy of Kat Taylor Cattytay, digital fashion appeared in 2017. However, we began to talk loudly about it only in 2020. It all began five years ago when Kat first made an Instagram post with the caption “Virtual Clothing!!!” Then, there was a collaboration with Adidas, Off-White, Vetements and Balenciaga. These brands were interested in introducing fashion digitalization even before it blew up in the mass media discourse. Note that the COVID-19 pandemic had yet to happen and people were not stuck at home. Thus, there was no need for digital clothing at all. Nevertheless, it happened and fashion digitalization was predicting the future in the virtual realm. Related: Haute Couture goes NFT: Digitalization at the Paris Fashion Week Of course, we all have tested virtual clothing in computer ...
BNY Mellon announces Chainalysis partnership to track customer crypto transactions
Bank of New York Mellon has partnered with Chainalysis to enhance its crypto risk management Chainalysis software provides a plethora of services, including flagging high-risk transactions Having added support for Bitcoin back in February last year, America’s oldest bank is now making further moves to enhance its custodial suite of services for crypto. BNY Mellon announced yesterday that it has partnered with blockchain software company Chainalysis to track its customer’s crypto transactions. BNY Mellon, the largest custodian bank globally with $46.7 trillion in assets, sought the services of Chainalysis to track and analyse crypto products easily. The bank believes this will help it manage the legal risks that come with dealing in them. Tracking customers’ crypto A...
