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Tag Archives: Initiatives

90% of Blockchain Initiatives by US Firms Will Never Become Operational

About 90 percent of currently active U.S. companies’ blockchain initiatives will ultimately be abandoned. This statistic comes from a study by Forrester Research, cited by Bloomberg in an article July 31. The U.S. market research firm Forrester Research predicts that most of blockchain-powered projects initiated by American companies will be put on hold in 2018. Specifically, Forrester Research estimates that ...

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IBM Wins AUD $1 Billion Govt. Contract to Develop Blockchain, Tech Initiatives

Computing giant IBM has been awarded a landmark contract to develop blockchain and other digital technology initiatives for the government of Australia. Announced on Thursday, the five-year, AUD $1 billion (~USD $740 million) contract is Australia’s latest attempt to make good on its goal to become one of the world’s “top-three digital governments” by 2025 by investing in research into ...

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South Korean Gov’t to Invest Over $200 Mln in Public, Private Blockchain Initiatives

South Korea’s Ministry of Science and ICT has announced a major Blockchain Technology Development Strategy that aims to raise 230 bln won (~$207 mln) by 2022, The News Asia reports today, June 21. According to the Ministry’s official announcement, the new initiative will foster 10,000 blockchain industry professionals and 100 companies, and will expand and commercialize six existing blockchain pilots ...

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Huobi Partners With Korean And Chinese Investors to Support Blockchain Initiatives

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Huobi, the global cryptocurrency exchange, has partnered with NewMargin Capital and Kiwoom Securities Co., Ltd. to start an investment fund to support blockchain enterprises in China and South Korea and encourage cooperation among the enterprises, according to China Money Network. The fund is targeting 100 billion won ...

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Blockchain Tech Could Accelerate AI Initiatives – The Merkle

Blockchain technology holds vast potential. The deeper you delve down the rabbit hole of hashes and nodes, the more intricate paths unwind before you. And as we prepare for Web 3.0 and changes in how we interact online (and the devices with which we do it), both blockchain technology and artificial intelligence will shift up a gear. Several, in fact. We’re ...

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New York City Wants To ‘Lead The Way In Blockchain’, Unveils Industry Initiatives

The President and CEO of the New York City Economic Development Corporation (NYCEDC) announced blockchain-related initiatives for the city today, May 14. The initiatives include the launch of the NYC Blockchain Resource Center and a public competition for blockchain apps to improve the public sector. According to the NYCEDC release, the Blockchain Resource Center will serve as a way to ...

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Venezuelan President Announces Petro-Fuelled Crypto Bank For Youth Initiatives

Venezuelan president Nicolás Maduro announced the launch of a Petro-funded crypto bank to support initiatives from youth and students, Latin American government-sponsored news outlet TeleSur reported yesterday, May 3. During а speech for the Chamba Juvenil Plan, a social program that promotes jobs for youth, Maduro also noted the necessity of universities maintaining their own crypto mining farms to support ...

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Google Researches Blockchain | Two Initiatives Announced

  Since its foundation, Google has always been at the forefront of technological innovation. It is no secret that the company has grown exponentially not only in numbers but also in products and services offered to the market since its inception.  Nowadays, Google is everywhere – the OS on your phone, the work internet search engine, your video platform, email ...

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