Category: Blockchain

China to improve national blockchain standards by 2025

Fin Strathern

Fin is an experienced reporter with a focus on the frontlines of global business news and cutting-edge technological trends. When he’s not moderating panels or interviewing industry execs, you’ll find him researching blockchain protocols and AI technologies. You can follow his Twitter @FinStrathern or connect with him at https://www.linkedin.com/in/finstrathern/. China plans to improve its standards for blockchain technology development by 2025, according to the country’s fintech watchdog, the Ministry of Industry and Information Technology. The update comes from guidelines published in a draft post on the ministry’s website that also…

How blockchain can help reimagine a new state in Africa

Elisha Owusu Akyaw

On episode 12 of Cointelegraph’s Hashing It Out podcast, Eche Emole, co-founder of Afropolitan, explains what it means to build a country on the blockchain. From an event and media company, Afropolitan has transitioned to a blockchain-based state of Africans on the continent and in the diaspora. Emole, an African in the diaspora with a political science, philosophy and law background, believes the nation-state experiment has failed in Africa. According to him, the existing state structures have stifled the development of people on the continent. “We truly believe that the nation-state…

Blockchain messaging is going to replace Telegram and Discord

Darius Moukhtarzadeh

A new era of messaging applications will soon cross the chasm of Web3 mass adoption. Web3 messaging applications will become an integral part of the blockchain ecosystem, allowing users to communicate with each other and interact with decentralized applications (DApps) and the protocols themselves in a secure, direct, decentralized manner. This editorial will discuss the benefits and challenges of Web3 messaging applications and their impact on the future of communication. Web3 messaging protocols, such as the Extensible Message Transport Protocol (XMTP), are implemented on a decentralized communication network, using a…

Blockchain gaining adoption in more than just DeFi: Report

Cointelegraph Research

Anyone familiar with the blockchain industry knows that decentralized finance (DeFi) is one of the sector’s most prominent use cases with the most substantial adoption. Recent issues in the banking sector, like those surrounding Silicon Valley Bank and Credit Suisse, have caused many to take a second look at Bitcoin (BTC) and crypto as an alternative to the traditional banking system. And while the further expansion of DeFi bodes well for the rest of the crypto industry, is blockchain technology expanding and being utilized in other ways as well? That’s…

AI set to benefit from blockchain-based data infrastructure

Arunkumar Krishnakumar

The rise of ChatGPT has been nothing short of spectacular. Within two months of launch, the artificial intelligence (AI)-based application reached 100 million unique users. In January 2023 alone, ChatGPT registered about 590 million visits. In addition to AI, blockchain is another disruptive technology with increasing adoption. Decentralized protocols, applications and business models have matured and gained market traction since the Bitcoin (BTC) white paper was published in 2008. Much needs to be done to advance both of these technologies, but the zones of convergence between the two will be…

$54B fund partner runs women-only DAO, LatAm blockchain gaming guild – Cointelegraph Magazine

Cointelegraph By Julian Jackson

Clara Bullrich must have cloned herself or possibly invoked dark forces that shouldn’t be meddled with. Somehow, she’s managed to cram about four careers into one life. Her main gig is leading her own financial entity, AlTi, managing a whopping investment fund, which grew to $54 billion under management following a recent merger. That’s a big enough job in itself. A member of Women in Blockchain, she also runs a women-only DAO, Komorebi, that concentrates on funding female and non-gender-specific projects. “I’ve seen in crypto that there’s very few women,…

Pakistan banks agree on blockchain-based KYC system development

Arijit Sarkar

The Pakistan Banks’ Association (PBA) — a group of 31 traditional banks operating in Pakistan — signed off on developing a blockchain-based Know Your Customer (KYC) platform.  On March 2, the PBA signed the project contract to develop Pakistan’s first blockchain-based national eKYC banking platform, as reported by the Daily Times. The move aims to strengthen Anti-Money Laundering capabilities while countering terror financing — an initiative led by the State Bank of Pakistan (SBP). The member banks include international establishments such as the Industrial and Commercial Bank of China, Citibank and Deutsche Bank.…

Near Protocol releases blockchain operating system for Web3

Ana Paula Pereira

The decentralized application (DApp) Near Protocol is releasing a new blockchain operating system, focusing on improving user experience on Web3 through a common layer for browsing and discovering open web resources, the company disclosed at the Web3 and innovation festival ETHDenver 2023. In an interview with Cointelegraph’s Turner Wright during the event, Near co-founder Illia Polosukhin spoke on how the ecosystem is moving closer to user’s needs and the release of the Blockchain Operating System (BOS). According to the Near team, the system works with any blockchain or Web2 backend, allowing…

Top 5 universities to study blockchain in the UK

Guneet Kaur

Universities in the United Kingdom have started offering cutting-edge research programs, courses and practical experience in various aspects of blockchain technology, including cryptocurrencies, smart contracts, privacy, security and scalability. Students who graduate from these programs will be well-equipped with the knowledge and skills necessary to become leaders in the field of blockchain technology and drive innovation and adoption in various industries. Here are top five universities to study blockchain in the United Kingdom. University of Cambridge The University of Cambridge is a public research university located in Cambridge, and its…

How to create NFTs on the Cardano blockchain

Emi Lacapra

Cardano is a proof-of-stake (PoS) platform launched in September 2017 by Ethereum co-founder Charles Hoskinson. In September 2021, Cardano added support for smart contracts, which paved the way for developing decentralized finance (DeFi) and nonfungible token (NFT) applications. NFTs landed on Cardano’s blockchain in 2022, with Cardano’s native cryptocurrency ADA (ADA) utilized to buy and sell them. The deployment of smart contracts on Cardano allowed the creation of NFT marketplaces, including CNFT.IO and Jpg.store. These marketplaces facilitate NFT projects on Cardano in a cost-effective and scalable way, attracting many enthusiasts…