Wednesday, December 18, 2024
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BIS illustrates how CBDC payments can balance privacy and transparency

A recent report from Project Tourbillon, led by the Bank for International Settlements’ Innovation Hub, reveals significant advancements in balancing privacy and transparency in CBDCs. Project Tourbillon, an initiative spearheaded by the Bank for International Settlements’ (BIS) Innovation Hub in Switzerland, has made significant strides in the realm of central bank

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How On-chain Analytics Bring Transparency to Blockchain and Cryptocurrency Transactions

As managers investing on behalf of clients, we are constantly monitoring on-chain analytics to ensure we are making informed decisions. You can gather a lot of useful, actionable information with on-chain analytics. For example, you can look at unique wallet addresses. If this is growing rapidly it could mean that

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India’s Controversial TDS Crypto Tax Should Be Cut if the Government Wants to Boost Revenue, Transparency, Esya Centre Urges

The tax, a form of income tax known as TDS, has prompted as many as 5 million crypto traders to move their transactions offshore, and has cost the government a potential $420 million in revenue since it was introduced in July, 2022, according to the study by the Esya Centre. Source

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Coinbase’s Base becomes open source for transparency

Coinbase-supported Base Layer 2 network has open-sourced its code repositories, aiming to enhance transparency and encourage public contributions. The Base Layer 2 network, incubated by Coinbase, recently open-sourced its code repositories. This step is designed to promote transparency and enable public contributions to the project. Developers can now access Base’s core

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Microsoft, Amazon, Others Move to Incorporate Transparency and Accountability into AI-Backed Recruitment

AI is being used in hiring in the areas of creating job descriptions, sourcing talents, creating and scoring assessments, screening new applicants, and training new employees. Artificial Intelligence (AI) has been gradually disrupting many industries, including the hiring/recruitment space. However, experts have shared that hiring companies may not be able to

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TikTok Introduces New AI Content Labels for Enhanced Transparency

Starting this week, TikTok plans to begin testing the “AI-generated” labels, which will automatically mark content identified as having been edited or created using AI. In response to the increasing use of artificial intelligence (AI) in content creation, TikTok has unveiled a new feature to enhance users’ transparency on the platform. On

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