The European Commission and European Investment Fund (EIF) has launched a new investment program for the benefit of developments in Artificial Intelligence (AI) and Blockchain technology. The initial scope of the fund will be €400 million, but it could grow to €2 billion over time. The new initiative is seen as a stopgap measure to…
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Have you ever questioned where your food came from, especially when dining on supposedly fresh seafood? Today’s food consumer is quickly becoming more conscious of the quality of ingested food, as information floods the market of contaminated sources and production methods. As more and more companies are discovering, blockchain technology offers a far better solution…
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Steve Mnuchin is determined to become the proverbial “fly” in the crypto “ointment”. The head of the U.S. Treasury made it clear last July, when Facebook’s Libra project was taking a beating in Congress, that he is no fan or friend of cryptocurrencies. Whether it is his personal opinion or just agreeing with President Trump’s…
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While a long list of counties across the globe are doing their best to attract blockchain development expertise to their domestic financial “hubs”, Bahrain, a nation comprising more than 30 islands in the Arabian Gulf, has been silently making appropriate moves in the background to pave the way for the ongoing growth of its financial…
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With one master stroke, it seems that Paris has suddenly become a “player” in the blockchain industry in Europe. A group of like-minded startups have pooled resources and set up the largest blockchain incubator of its kind in Europe. Known as “The Garage”, this new incubator setup, per a report from NewsBTC, “aims to enhance…
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In nearly every forecast of where jobs will proliferate over the next two decades, the top line performer is always IT software programming related. It makes abundant sense. We live in an electronic age that is innovating faster than ever before, and it takes raw IT talent to develop, implement, and make everything work. Within…
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The freelancing eco-system has come of age over the past decade. Originally, the users of these global contractor job sites were considered “misfits” or outcasts from the corporate mainstream, but the “digital nomad rocketship” has taken flight. In the U.S. alone, recent studies peg 36% of the U.S. workforce, some 57 million people, as freelancers,…
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A new London-based software company, Knabu, is trying to achieve what many have deemed impossible – become the eight clearing bank in the UK in 250 years and one that serves crypto firms. The company focuses on blockchain solutions for the Fintech industry and is determined to fill a serious void in the crypto arena…
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The Monetary Authority of Singapore (MAS) has partnered with JPMorgan to create a blockchain-based prototype for multi-currency payments. The information came from an official release from MAS, where Singapore's central bank states that the most current development on the Project Ubin is that users will be able to make payments in different currencies on the very…
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President Xi of China seems to have surprised the world when he so wholeheartedly endorsed the wonders of blockchain technology by demanding that his countrymen “seize the opportunity”. New blockchain-related legislation was passed 24 hours after his statement, and it appeared to all observers that China was now off and running in a blockchain “arms…
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