The fifth annual Korea Blockchain Week kicked off on Sunday, with more than 7,000 people attending Asia’s largest blockchain event of 2022. The Seoul-based event is set to run its main-stage sessions on Aug. 8 and 9, while side events such as music festivals and nonfungible token (NFT) art galleries will go through until Aug. 12. Continue Reading…
Nonfungible tokens (NFTs) are advertised as blockchain-based technologies, there are misconceptions about how they are stored according to two experts. They argued that technically, these tokens do not exist in the blockchain but are actually stored elsewhere. In a Cointelegraph interview, Jonathan Victor, the Web3 storage lead at Protocol Labs and Alex Salnikov, the co-founder of Continue Reading…
Payment has always been the lifeblood of trade. It was during the days of barter, down to the days of cowries/gold/salt, to cash and now electronic payments. The same is true for intra-African trade. The only difference is that Africa-wide trade covers countries with varying financial and monetary systems. 2 years ago, there was significant Continue Reading…
In the spirit of the last couple of years, we review developments in what we have identified as the key technology drivers for the 2020s in the world of databases, data management, and AI. We are looking back at 2021, trying to identify patterns that will shape 2022. We start today with a review of Continue Reading…
TBD’s Web5 takes a different approach than Web3 on how to build a properly decentralized internet, with Bitcoin being the single blockchain used in the project. Jack Dorsey’s Bitcoin-focused TBD business unit, a subsidiary of Block Inc., announced Friday that it is building a new decentralized web: Web5. Web5 is based on the assumption that Continue Reading…
While the whole NFT thing appears to be mercifully on the decline, there are still companies out there—like Square Enix—trying to justify partnering with technology that exists solely as an enormous scam. Mojang is clearly not one of them. site, the team go into great detail explaining both why they haven’t embraced the technology to Continue Reading…
Founded in 2011, Silk Road is often cited as the first true “use case” of bitcoin. It proved that fully decentralized digital money could be used reliably and without being censored. The marketplace became something of a media curiosity – drugs were being sold quite openly – and was shut down by the feds. Ulbricht Continue Reading…
At Brazil’s International Games festival on Friday game developer Mark Venturelli, best-known for Chroma Squad, received a standing ovation during his talk “The Future of Game Design” when he surprised the audience with a new name for the talk a few minutes in: “Why NFTs are a nightmare.” It was a loud statement against blockchain’s Continue Reading…
Prices for bitcoin, seen by a growing number of investors as a hedge against inflation, jumped 2% after the CPI report from the U.S. Department of Labor’s Bureau of Labor Statistics. This content was originally published here.
Solutions built around blockchain technology offer several upfront benefits, including a censorship-resistant, irreversible distributed ledger. Deloitte’s study revealed blockchain’s position as a perfect fit for real estate use cases around leasing and selling. Blockchain innovations often outdo traditional systems by not only digitizing information but also introducing a near real-time trustless environment, among other features. Continue Reading…
