Search Results for: TT TECH Limited

Thailand’s Kasikornbank (KBank) has launched a $100 million fund targeting Artificial Intelligence (AI), Web3, and global fintech startups. With backing from the Bank of Thailand, the fund aims to drive global innovators to advance finance in the APAC region.

Brands like Nike and Adidas have begun integrating blockchain technology into loyalty programs. However, the majority of businesses are moving cautiously amidst fluctuating crypto markets and inflation concerns. Web3’s potential remains largely untapped due to slow consumer adoption, with its use still considered an “edge case” for most marketers.

MetaMask Snaps, a new plugin by Consensys, will allow different blockchain networks like Bitcoin and Solana to interact directly with the MetaMask wallet to facilitate transaction signing and smart contract understanding. However, concerns around user-friendliness, security checks, and notification inundation need to be addressed.

“Bitcoin-friendly entrepreneur Vivek Ramaswamy emerges as a formidable contender in the 2024 U.S. Republican presidential nomination. Blockchain-based betting platforms indicate his growing popularity, signifying possible cryptocurrency and blockchain acceptance in political scenarios. Though legally limited, this technology may revolutionize gauging public sentiment.”

Nova Labs, a blockchain startup, revealed plans for a $5 monthly phone plan using 5G hotspots owned by individuals and businesses. This service aims to disrupt the telecom industry, supported by the startup’s Helium Network which rewards hotspot owners with crypto tokens for data provided to customers.

“In an era where digital advancement accelerates, centralized platforms like Twitter, now “X”, threaten user safety, privacy, and control. They replicate China’s WeChat convenience, but also its control over autonomy and data. However, blockchain and cryptography offer routes towards decentralized, user-controlled digital existence.”

This article discusses the partnership between Paris-based =nil; Foundation and Fabric Cryptography as they work together to enhance cryptographic technologies and accelerate the deployment of zero-knowledge (ZK) proofs – a cryptographic procedure with substantial privacy-preserving attributes. They aim to overcome barriers in computation, making ZK proofs more functional for digital transactions, cloud services and privacy applications.

“Twitter’s decision to place severe rate limits has led to a significant limit on shared information. Reports indicate a drop of over 60% in the number of tweets indexed by Google. This change has consequences for industries, especially cryptocurrency, as Twitter is used heavily for information dispersion. Decentralized Twitter rival, Mastodon, is seeing unprecedented growth, while Twitter competitor, Threads, prepares for launch.”

The Bank of England is progressing with its Central Bank Digital Currency initiative, exploring multiple ledger technologies including blockchain for the digital pound. The privacy-focused design prioritizes user privacy and involves collaboration between public and private sectors, highlighting the importance of evolving financial landscape and global shift towards digital currencies.

Gutter Cat Gang has partnered with Puma and NBA player LaMelo Ball to launch the “GutterMelo MB.03” NFT sneaker collection, set to hit the market on June 29. Every buyer will also receive a physical counterpart, increasing mainstream awareness of web3 technology and digital collectibles, while raising questions about accessibility and exclusivity in digital fashion.

Binance plans to integrate the Bitcoin Lightning Network for faster, cheaper transactions, addressing scalability issues. Despite its potential, the Lightning Network’s liquidity is less than 0.5% of Ether locked in DeFi contracts, raising questions about mainstream adoption and its impact on cryptocurrencies and cross-border payments.

Polygon 2.0, an Ethereum-based Layer-2 scalability solution, aspires to democratize the global economy by creating a user-centric, equitable internet experience. However, uncertainty looms due to the SEC ruling on its native cryptocurrency, MATIC. The new iteration focuses on unification, infinite scalability, and leveraging Zero-Knowledge technology for seamless interaction.

Polygon Labs announces “Polygon 2.0,” a set of upgrades designed to establish the “Value Layer” of the internet, enabling users to create, exchange, and program value online. Powered by Zero-Knowledge (ZK) technology, Polygon 2.0 aims to support limitless chains and seamless cross-chain interactions, potentially transforming internet use and blockchain integration while facing regulatory challenges.

The UK is set to receive early access to AI models from Google DeepMind, OpenAI, and Anthropic, as announced by British Prime Minister Rishi Sunak. This move aims to foster cutting-edge safety research, promote global alliance, and invest in AI and quantum technologies, potentially providing the UK with a competitive edge in AI innovation.

The legal battle between ConsenSys and 35 former employees over allegations of transferring core assets and devaluing shares has broader implications for the essence of blockchain technology and highlights the challenges crypto companies face balancing decentralization and corporate maneuvering.

In a race to top the Official UK Album Charts, Noel Gallagher collaborates with Web3 startup Serenade to create a limited-edition NFT pressing of his album “Council Skies.” The NFT offers high-quality WAV files, a documentary on the album’s making, and signed artwork, reflecting the growing value and versatility of NFTs in the music industry.

Louis Vuitton launches a limited edition NFT collection called “Treasure Trunk,” featuring strict rules prohibiting resale. This unique approach aims to encourage loyalty and prevent dilution of luxury status, yet raises questions about true embrace of NFT technology and market ethos.

Louis Vuitton is launching “Treasure Trunks,” a limited series of soulbound NFTs priced at $41,712, offering unique products and experiences for high-level clientele. The collection is part of the ongoing “Via” program, which focuses on exclusive access for high-spending customers. This trend raises questions on whether luxury brands are embracing blockchain’s true potential or catering only to the elite.

Apple’s Vision Pro, an augmented reality headset, marks the beginning of spatial computing, immersing users in digital surroundings and transforming physical spaces. Despite its potential to revolutionize technology interaction, questions remain on its promised capabilities, developer adoption, and impact on society due to its hefty price tag.