Thursday, April 25, 2024
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How multichain token systems can improve liquidity

Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party. However, multichain tokens enable users to transfer their assets to another blockchain directly without giving up custody

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Central Banks Successfully Test DLT in Linking Financial Settlement Systems

The project used DLT to link the central bank’s RTGS system "with other financial market infrastructures and ledgers automatically orchestrating the exchange in ownership of funds and assets in a resilient and secure way," according to a statement issued by BIS, which groups the world's central banks. Source

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Google Says Its New AI Supercomputer Is Faster and More Efficient than Nvidia Systems 

Google researchers have published a paper saying that its new TPU v4 supercomputer is better than the A100 used by giant chipmaker Nvidia. Google has published information about one of its supercomputers powered by artificial intelligence (AI). According to the tech giant,  the Google AI supercomputer boasts more speed and efficiency

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Understanding POAP NFTs – The Future Of Collectible Ownership And Reward Systems

POAP NFTs, or Proof of Attendance Protocol, is a type of non-fungible token (NFT) used to prove attendance or participation in a specific event, such as a conference, meetup, or online course. These tokens can also be used as a reward or recognition for participating in a community event or contributing

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Singapore eyes blockchain-based payment systems

The Monetary Authority of Singapore is exploring blockchain-based payments solution to solve the challenges in cross-border transactions. See related article: Singapore warms up to crypto industry — on its own termsFast factsThe current state of cross-border payments “is slow, costly, opaque, and inefficient, relying on an archaic network of correspondent banks,”

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