By far the biggest benefit of blockchain gaming being pushed by developers and publishers is the creation of the nonfungible token, or NFT. This technology allows in-game items, from a mystical sword of plenty to that level-99 mage you've been grinding, to be represented on the blockchain and...
Former U.S. President Bill Clinton said that the “permutations and possibilities of blockchain technology are staggeringly great,” at Ripple’s annual Swell conference in San Francisco on October 1.Following a keynote address at the event, Clinton spoke with Gene Sperling, who was his economic advisor from 1996-2001, where they...
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German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to a company press release published September 25.The increase in Porsche’s total investment in venture...
Decentralized lending and borrowing platform Celsius Network will manage the Sustainable Development Goals Impact Fund (SDG Impact Fund) within the United Nations’ Sustainable Development Goals initiative, according to a press release published September 21.The Sustainable Development Goals is an international program focused on bringing a “better and more...
Mongolia’s largest mobile telecoms operator has become the country’s first licensed entity to issue its own digital currency. This is according to a report by the official state media outlet Montsame Friday, September 28.Mobicom’s financial arm Mobifinance is now clear to issue the e-currency, dubbed “Candy,” to investors,...
The Dubai Department of Finance (DoF) has partnered with the Smart Dubai Office (SDO) to launch a blockchain-powered payment system. The news was reported on by a local news site Zawya, September 23.The new platform, called “Payment Reconciliation and Settlement,” was officially launched Sunday, September 23. It is...
Japan-based digital asset trading platform Tao Tao ended negotiations with Binance, setting back the timeline for the crypto exchange to launch trading services for users in the Asian nation.According to an Oct. 5 update from Tao Tao, the platform stated it had “decided to end negotiations” with Binance...
Australian firm Vicinity has announced it will trial a blockchain solution for its energy network. The company revealed this Thursday, September 25 in an official press release.Vicinity – with more than $42 billion in real estate assets under management – has partnered with Australian energy tech company Power...
Kenyan Distributed Ledgers and Artificial Intelligence task force chairman Bitange Ndemo has said that the government should tokenize the economy, local news outlet The Star reported September 25.The taskforce was established in March by the government of the Republic of Kenya in order to evaluate proposals on how...