2024-10-27 14:02 |
Blockchain-fueled neobanks are the optimal solution to dismantling the barriers that have excluded many from basic financial opportunities.
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The crypto industry should proactively focus on compliance and make it central in product development.
The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program.
From improving security to driving data-driven decision-making, AI is the key to unlocking blockchain’s full potential.
One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new clients.
In essence, AI gives crypto newcomers an extra set of hands that they normally wouldn’t receive, increasing blockchain mass adoption.
Ethereum co-founder Vitalik Buterin has unveiled the latest roadmap phase, “The Verge,” which proposes a groundbreaking shift in blockchain technology to make transaction verification possible on devices as small as smartwatches — something previously unimaginable.