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Tag Archives: Developing

UNICEF Adds Six Blockchain Startups From Developing Nations to its Innovation Fund

International children’s charity UNICEF has announced that it will formally support a total of six new blockchain startups through the UNICEF Innovation Fund. As part of the programme, the firms will each receive a share of $100,000 in funding. Most of the blockchain startups selected for membership in the fund are from a different developing nation. The ideas incubated in ...

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AlphaZero AI Shows Signs of Developing a Sense of Intuition

When it comes to dealing with artificial intelligence, there are some traits which seemingly remain off-limits first and foremost. Unlike humans, an AI is – in theory – incapable of developing emotions, feelings, or anything that resembles intuition. While that is still true up to a certain extent, the latter aspect is changing in a rather dramatic fashion. AI and ...

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Ethereum Adoption in Developing Countries is Increasing Rapidly: Lubin

Ethereum has been one of the worst performing cryptocurrencies this year. But, as a technology, the project is going places. Joseph Lubin, the co-founder of the Ethereum project, recently stated about how the Ethereum blockchain ecosystem is gradually improving the financial and technological infrastructures of many developing nations. The Canadian entrepreneur, also known for founding ConsenSys, a Brooklyn-based software-production studio, named ...

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No, Governments Can’t do a Better Job Developing Crypto

Would a state-backed cryptocurrency be better than its decentralized counterpart? International media has already rolled out their opinions on the matter. It’s a YES-IT-CAN. The opinions find their inspirations in comments made by Christine Lagarde last week. The head of the International Monetary Fund (IMF) said that a government-backed cryptocurrency would eliminate the issues of trust that have clogged the decentralized cryptocurrencies ...

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Korea’s Biggest Power Utility is Developing a Microgrid on a Blockchain

Twitter Facebook LinkedIn Korea Electric Power Corporation (KEPCO), South Korea’s largest power utility company has announced that it is pursuing a plan to develop a blockchain-based microgrid dubbed the ‘Future Micro Grid’. Revealing the information in an announcement posted on its website on November 18, KEPCO President and CEO Kim Jong-gap stated that the proposed ‘KEPCO Open MG’ framework will create ...

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Sony is Developing a Cryptocurrency Hardware Wallet

Japanese tech titans Sony are developing their own cryptocurrency hardware wallet. Read more Technology pieces here. Sony, the electronics giant known for its pioneering technology, announced that it has developed its own cryptocurrency hardware wallet in order to help users store their digital assets which is set to be released soon. The announcement made by Sony’s Computer Science Laboratory division ...

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Circle Joins Industry Body for Developing Global Crypto Standards

Crypto finance company Circle has joined the Global Digital Finance (GDF) industry body as a founding member to develop a global “Code of Conduct” for crypto, according to a press release shared with Cointelegraph on Wednesday, Oct. 31. Circle has confirmed participation with the GDF on Twitter, stressing the company’s commitment to developing standards for the industry in order to ...

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Bitcoin Gaming Platform TriForce Tokens Developing Unique Blockchain Ecosystem

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitcoin ...

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Singapore’s Biggest Shipper Partners IBM in Developing Blockchain for Crucial Trade Paperwork

Tech giant IBM is partnering with one of Singapore’s biggest shipper, Pacific International Lines (PIL), in digitalizing one of the most important documents in shipping – Bill of Lading. The two firms will collaborate in designing and creating an electronic Bill of Lading (e-BL) which will exist on a blockchain. In international trade, the Bill of Lading not only serves ...

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Report Alleges North Korea Trialled BTC Mining, Local Firm Developing BTC Exchange

North Korea (DPRK) has attempted to mine Bitcoin (BTC), Yonhap News reported August 27, citing a report compiled by a research unit from South Korea’s state-run Korea Development Bank (KDB). Yonhap notes that the mining attempt – which was allegedly conducted “on a small scale” between May and July 2017 – appears to have been unsuccessful, although the reasons for ...

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