concrete

The Challenges and Opportunities behind the Convergence of AI and Blockchain.

Source Node:
Time Stamp: February 1, 2024 1:28 PM - Modified On: February 1, 2024 - Published By:
Source Cluster:
Republished By Plato

  Over the last decade, the potential overlap between cryptocurrency and artificial intelligence (AI) — two significant technological trends of the last decade. The curiosity stems from a natural inclination to find a connection between these innovative domains. On the surface, the synergy seems apparent: the decentralizing force of cryptocurrency could offset the centralizing tendencies of AI, while AI's complexity could be made more transparent through blockchain technologies, which are adept at data management and verification. However, the conversation often hit a snag when delving into concrete applications, leading to

Advancing Financial Inclusion AUC Coins Set to Revolutionize Retail Payments in South Africa

Source Node:
Time Stamp: January 11, 2024 10:20 AM - Modified On: January 11, 2024 - Published By:
Source Cluster:
Republished By Plato

AUC Coins to be Added as a Payment Method for Retail in South Africa Key Highlights: Advanced Project's TIER platform enables direct AUC Coin payments at South African retailers. TIER facilitates payments for goods, services, and even municipal bills, creating a holistic ecosystem for AUC Coin usage. Africa leads the way and Advanced Project's success in South Africa serves as a beacon for wider digital asset adoption across the continent. Cape Town, South Africa – January 2024 – Advanced Project, a leading force in African blockchain innovation, is taking a

From Dominance to Compliance

Source Node:
Time Stamp: December 3, 2023 1:04 PM - Modified On: December 3, 2023 - Published By:
Source Cluster:
Republished By Plato

Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down