Sunday, November 24, 2024
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Indian state governments spur blockchain adoption in public administration

Ever since Bitcoin (BTC) popularized blockchain technology worldwide, the tech has found its way into myriad processes, from finance to public administration.What started as a flex statement for early adopters has now become a way of revamping legacy systems and improving immutability, transparency and decentralization.Despite its proven real-world use cases,

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NYDFS calls for public feedback on proposed crypto regulatory guidance

The New York State Department of Financial Services (NYDFS) has called on the public to provide feedback on a proposal aiming to strengthen regulatory requirements for crypto firms operating in the state.In a Sept. 18 notice, the NYDFS said Superintendent Adrienne Harris had released proposals on guidance for “enhanced criteria

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Malta begins public consultation on revised crypto rules to align with MiCA

Malta’s Financial Services Authority (MFSA) has begun public consultation over changes in its crypto regulations in order to align with Europe’s Markets in Crypto-Assets (MICA) regulations set to take effect in December 2024. The public consultation period is open until Sept. 29.The revised rulebook proposes changes to the rules for exchanges,

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Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China

Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language model trained on a corpus of English and Chinese text. While its exact specifications aren’t known

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Baidu Unveils AI Applications after Securing Public Approval for Its ChatGPT Rival

Baidu launched its AI applications using Ernie large language model. The AI assistant can search documents, summarize and translate text, and create content. On Tuesday, September 5, Chinese tech giant Baidu unveiled more than 10 AI-based applications after its ChatGPT-rival Ernie bot got a nod for public use. During the product presentations,

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