In a significant stride toward revolutionizing digital payments, Mastercard has introduced its Payment Passkey Service. First launched in India, this innovative service aims to enhance the security and efficiency of online shopping through biometric authentication and tokenization. This move comes amid rising concerns over the vulnerabilities of traditional one-time passwords (OTPs). Introducing Mastercard’s Payment Passkey Service A New Dawn in
The world of blockchain and decentralized technologies is ever-evolving, and The Open Network (TON), developed by Pavel and Nikolai Durov, stands as one of the most notable projects in recent history. However, TON is currently facing significant challenges that raise questions about its future viability. These hurdles include a major network disruption and serious legal issues involving Pavel Durov. This
The partnership between REI Network and Upton Finance marks a significant development in the realm of decentralized financial services. Announced via their X (formerly Twitter) accounts, this collaboration aims to leverage blockchain technology to enhance financial inclusion for Telegram’s vast user base. By integrating REI Network’s fee-less blockchain infrastructure with Upton Finance’s financial services, the two companies seek to revolutionize
Ripple has announced a strategic partnership with the DIFC Innovation Hub, marking a significant milestone in the development of blockchain and digital asset ecosystems in the UAE. This collaboration aims to position the UAE as a global leader in financial innovation by leveraging Ripple’s blockchain technology and the DIFC’s expansive innovation network. Strengthening UAE’s Financial Innovation Ecosystem The Strategic Partnership
Football, the world’s most popular sport, is undergoing a digital transformation like never before. ONEPLAYR, a cutting-edge platform, is at the forefront of this revolution by integrating blockchain technology, artificial intelligence (AI), and non-fungible tokens (NFTs). This innovative approach is enhancing fan participation, creating new investment opportunities, and democratizing the sport, setting a new standard for how football is experienced
Sony Group is making a strategic push into the blockchain and Web3 space, driven by its divisions like Sony Pictures and Sony Music. The company aims to position itself at the forefront of digital technologies by leveraging a newly established global incubator. By focusing on decentralized internet infrastructure, Sony hopes to lead the way in emerging digital technologies. The initiative
Amid increasing concerns over data privacy and the frequent breaches in the Web2 ecosystem, ForU.AI emerges as a forerunner in revolutionizing personal data management. Their innovative combination of blockchain technology, artificial intelligence (AI), and decentralized identities (DID) creates a robust framework for data security. Founded by Pang Xue Kai, the former CEO of Tokocrypto, ForU.AI aims to shift the paradigm
Wolfswap and Cluster Protocol have announced a strategic alliance that aims to enhance decentralized finance (DeFi) technologies and blockchain interoperability through innovative collaboration, greatly simplifying cross-chain transactions for users. This partnership between Wolfswap, a renowned decentralized exchange (DEX) aggregator, and Cluster Protocol, a blockchain infrastructure firm, is poised to transform the DeFi landscape by making it more accessible and efficient.
DBS Bank has successfully completed a pilot project aimed at revolutionizing the disbursement of government grants in Singapore using blockchain technology. This innovative approach, undertaken in collaboration with Enterprise Singapore and the Singapore FinTech Association, highlights the potential for blockchain to streamline financial processes while enhancing transparency and security. The project focused on disbursing funds to local fintech companies, demonstrating
The technology landscape is on the brink of a significant transformation with the impending launch of Zyber 365’s Blockchain-Based Operating System (OS). This innovative approach promises to upend traditional operating systems like Windows, macOS, and Linux, which have long dominated the market. As the testnet gears up for an early 2025 debut, the tech community is abuzz with anticipation. Let’s
On August 28, 2024, Sony Block Solutions Labs (Sony BSL) made a monumental leap into the Web3 domain with the launch of the Soneium Minato public testnet and the Soneium Spark incubator. This move is part of Sony’s most ambitious blockchain project to date, aiming to foster a dynamic developer ecosystem and secure a robust foothold in the expanding world
The Celsius Network, a prominent cryptocurrency lending firm, has recently navigated out of Chapter 11 bankruptcy with the ambitious goal of repaying its creditors. This complex process has seen the distribution of over $2.53 billion to approximately 251,000 creditors, covering around two-thirds of its eligible creditors. Remarkably, this represents 93% of the eligible value. These repayments have been meticulously calculated
