The Swiss National Bank (SNB) has recently made an exciting announcement, unveiling its plans to create a wholesale central bank digital currency (wCBDC). The introduction of a digital currency aims to explore its practicality and performance in real-world transactions with market participants. As countries worldwide embark on similar initiatives, Switzerland is taking a cautious approach to ensure the stability of
TSMC, the world’s largest chip manufacturer, has responded to recent claims made by the LockBit ransomware group regarding a hacking incident. While LockBit alleges that they successfully breached TSMC’s systems, the chip giant clarifies that only one of its suppliers, Kinmax Technology, experienced a cybersecurity incident. TSMC affirms that this incident has not impacted its business operations or compromised any
Blockchain technology has been revolutionizing various industries with its decentralized and transparent nature. In recent times, experiments conducted with both simulated and real robots have shed light on the potential of blockchain in the realm of robot swarms. This article delves into the findings of these experiments, highlighting the benefits of incorporating blockchain technology in robot swarms and its implications
Leading global brands have recognized the potential of NFTs and are diving into innovative collaborations. These collaborations go beyond mere marketing ploys; they offer meaningful utility and thoughtfully designed digital items that seamlessly integrate into Web3 environments. One remarkable example is the partnership between Nike and Fortnite, where Nike’s iconic “SWOOSH” experience was brought to Fortnite’s vast user base of
Sony Network Communications and Startale Labs have recently announced an exciting business collaboration and a substantial investment of $3.5 million. This partnership aims to lay the foundation for the widespread adoption of Web3, the next evolution of the internet. Let’s delve into the details of this collaboration and its potential impact on the Web3 ecosystem. Partnership Announcement and Investment Sony
The Family Office, a Bahrain-based wealth manager with offices in Dubai and Riyadh, is taking proactive steps to cater to an increasing base of tech-savvy clients. Recognizing the demand for personalized wealth management services, the firm is implementing several innovative digital initiatives. These initiatives aim to enhance client engagement while ensuring access to a broader range of clients at reasonable
Financial management has always been a challenge for individuals, often leaving them struggling to gain control over their finances. Recognizing the need for a solution, Dobin emerges as the pioneer in Southeast Asia, leveraging open finance and advanced data analytics to provide users with a consolidated view of their finances and generate unique anonymized customer insights. In this article, we
The City of Fort Worth recently faced a cyberattack, resulting in concerns about the security of resident and staff information. However, upon an initial examination of the leaked data, city officials have stated that there is currently no indication that sensitive information about residents or staff is associated with this incident. In this article, we will delve into the details
Nerd, the pioneering web3 technology company, has announced the launch of the Hyper blockchain and its associated EON token. This development is expected to revolutionize the blockchain landscape and provide opportunities for tech enthusiasts worldwide. The EON token has been specially designed to incentivize node owners who contribute to the Hyper network. Hyper Blockchain and EON Token The Hyper blockchain
Blockchain technology has emerged as a game changer in various industries, and healthcare is no exception. Its decentralized nature enables secure data sharing and eliminates the inconvenience of traditional data exchange processes. In this article, we will explore the numerous ways in which blockchain can revolutionize healthcare by enhancing security, transparency, collaboration, and efficiency. Secure and Seamless Transfer of Parties
Blockchain technology is a decentralized digital ledger that securely records transactions across multiple computers. It eliminates the need for intermediaries, providing a direct and transparent peer-to-peer network. With its foundation in cryptographic technology, blockchain ensures secure and tamper-proof transactions. This article aims to delve into the intricacies of blockchain, highlighting its features and potential applications. At the foundation of blockchain
Decentralized physical infrastructure networks (DePINs) are revolutionizing the way we manage real-world services by leveraging the power of blockchain technology. These networks provide transparency and efficiency, offering users the opportunity to own and deploy hardware while using blockchain as the business logic layer for buying and selling services or data. In this article, we will explore the concept of DePINs
