NewsRoom Articles - Page 6 of 14

ThursdaySep 19, 2024 10:00 am

Decentralized Cloud Could Help Web3 Break Monopoly of Big Tech

Big tech companies have dominated the cloud-services market for decades now. Tech giants such as Amazon Web Services (AWS), Google Cloud and Microsoft Azure hold massive control, and it is a steep hill for other smaller players to compete fairly. But, as Web3 technologies begin to take hold, the decentralized cloud is emerging as a promising solution to this near-monopoly — one that could change the trajectory of the digital world. For years now, businesses, startups and other entities have depended on centralized cloud services to store data, run applications and deliver content. However, this overreliance is often expensive, both…

TuesdaySep 17, 2024 10:00 am

Web3 Professionals Confident about Cryptocurrencies’ Future Despite Uncertain Regulations

For those feeling uncertain about the future of cryptocurrencies, here is some good news. A fresh Consensys report has revealed that Web3 professionals are seriously optimistic about what's coming next. Despite the regulatory uncertainties looming — especially with the 2024 U.S. presidential election on the horizon — 86% of professionals are confident about cryptocurrencies’ future. So why are they feeling so positive? The Consensys survey shows that even with the regulatory concerns that worried many, the confidence of Web3 professionals is rock solid. According to Sarah Howe, Consensys' executive director of talent acquisition, Web3 enthusiasts are driven by blockchain's core value.…

ThursdaySep 12, 2024 10:00 am

Animoca Brands’ Founder Says Trust Will Separate Web3 Winners from Losers

As Web3 continues to evolve, it's becoming clearer that trust will determine who wins and who falls behind. In an interview with Cryptopolitan, Animoca Brands' cofounder, Yat Siu, shared that trust is becoming the key to success for decentralized projects. He emphasized that those who prioritize trust will emerge as industry leaders. As blockchain technology's popularity continues to grow and decentralized applications (DApps) build trust, it is no longer just an advantage — it's a necessity. So, how does trust shape winners and losers? The Hong-Kong-based entrepreneur shared that Web3 enthusiasts must embrace trust-building efforts such as offering transparency, open-source…

TuesdaySep 10, 2024 10:00 am

Analysis of Current Web3 Gaming Distribution Landscape

The gaming landscape is rapidly evolving, shaking up the digital landscape. This evolution is thanks to Web3 technology. Unlike traditional games, which rely on centralized platforms such as Steam, PlayStation and mobile app stores, Web3 games integrate blockchain technology, decentralized networks and tokenized economies. They determine how games are developed, distributed and played. But how does this shift affect the current Web3 gaming distribution? Before Web3, the gaming space was dominated by major platforms, such as Xbox, that served as centralized hubs where gamers could easily discover and download their favorite titles. Even though they are convenient for players, the…

SaturdaySep 07, 2024 6:21 pm

Blockchain Life 2024 in Dubai: Top Companies and Key Industry Figures Gather in the World Crypto Capital

On October 22-23, Dubai will host the 13th international forum Blockchain Life 2024 – one of the largest global events in the field of web3, cryptocurrencies, and mining. The forum will feature over 10,000 leading experts, crypto entrepreneurs, and enthusiasts from 120 countries. Participants and speakers will discuss earning strategies, current issues of crypto market development and new trends ahead of the bull cycle. Among the speakers at the forum: Paolo Ardoino - CEO Tether Justin Sun - Founder of TRON Yat Siu - Co-Founder of Animoca Brands Pascal Gauthier - CEO Ledger Dr. Marwan Alzarouni - CEO Dubai Blockchain…

ThursdaySep 05, 2024 10:00 am

CoinGecko to Host Maiden Hybrid Conference in Thailand

CoinGecko has announced that it will hold its first hybrid conference at the iconic ICONSIAM on Nov. 11, 2024, in Bangkok, Thailand. The conference, dubbed GeckoCon: Web3 Games Unleashed, will offer the best of both virtual and physical experiences, catering to a global audience of industry leaders, developers and gaming enthusiasts. This year's GeckoCon is special because of its hybrid format. Historically, the event was held exclusively online to allow everyone around the world to be part of it without the need for traveling. This time, GeckoCon is combining the convenience of virtual attendance with the vibrancy of a physical…

TuesdaySep 03, 2024 10:00 am

Complicated Seed Phrases Hinder Web3 Adoption, Expert Says

With cryptocurrency evolving each day, Web3 technology is proving to be the needed grace to transform the digital space. However, there is a big hindrance to this, which is complicated seed phrases that are deterring mainstream adoption. Seed phrases, also known as recovery phrases, are a sequence of 12–24 random words that serve as a master key to a cryptocurrency wallet. Even though they offer a secure way of backing up your crypto wallet, they are making it difficult for many crypto enthusiasts to embrace Web3 technologies. At the recent Web3 Summit 2024 in Berlin, Germany, Bumblefudge, the janitor-in-chief at…

ThursdayAug 29, 2024 10:00 am

Sony Announces Creation of Web3 Division

Sony Block Solutions Labs Pte. Ltd has collaborated with Startale Labs to launch a dedicated Web3 division called “Soneium” blockchain. This blockchain is intended to appeal to various developers both domestically and internationally in various sectors, including the government and gaming, among others. Soneium blockchain, which was launched on Aug. 23, 2024, will mark a significant milestone for Sony to embrace decentralized solutions. In a press release, Sony adds that users can easily access Soneium through apps which are integrated with its network. The initiative is meant to help everyday consumers enjoy the power of blockchain according to Jun Watanabe,…

TuesdayAug 27, 2024 10:00 am

Hong Kong Legislator Urges Government to Regulate DAO to Lure Web3 Talent

Johnny Ng Kit-Chong, a legislator in Hong Kong, is pushing the government to regulate Decentralized Autonomous Organizations (DAOs) as a way of enhancing and growing the Web3 ecosystem. This comes after a landmark court ruling where the Mantra DAO raised pertinent questions on the ownership, governance and transparency of these innovative entities. According to Monin Ung, an attorney, the accountability of Mantra DAO declined significantly in January 2021 after RioDeFi, the plaintiff, hired people to manage the DAO project in August 2020. There were accusations of misappropriation of funds. The court ruling sets a precedent showing that DAOs are not…

MondayAug 26, 2024 12:45 pm

AI Innovations at Blockchain Futurist Conference: Experts Discuss the Future of Artificial Intelligence

The Blockchain Futurist Conference, held August 13-14 in Toronto, is Canada’s largest crypto, Web3 and blockchain conference. This year’s highlights included: 10,000+ attendees 250+ speakers 300+ sponsors and partners 130+ press and media 78 events for CanadaCryptoWeek 2 hackathons Key to the event are panel discussions, which spotlight areas of interest and allow attendees to hear and meet with topic experts. These moderated discussions offer ideas and answers from business and technology leaders who are directly involved in rapidly developing subjects of vital interest. In particular, this year’s conference offered interested attendees a special panel discussion centering around one of…

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