NewsRoom Articles - Page 8 of 15

ThursdayAug 15, 2024 10:00 am

Japanese Government Announces NTT Digital, PwC Winners of Web3 Public Goods Demos

The Japanese government, through the Ministry of Economy, Trade and Industry (METI), is making a positive advancement with its initiative in the global Web3 landscape. The ministry has launched a “Demonstration Project for Building Digital Public Goods Using Web 3.0 and Blockchain” to harness the power of blockchain technology to create public goods. Let's be honest: When we think of blockchain technology, we think of cryptocurrency, Ethereum and NFTs. However, METI thinks beyond that. The agency is driven by a simple yet profound realization that mainstream businesses have primarily overlooked through the years: the practical potential of public blockchains. But…

TuesdayAug 13, 2024 10:00 am

Airlines Could Cut Cargo Handling Costs by Leveraging Web3 Solutions

If you have ever wondered how airlines can trim down those hefty cargo handling costs, you’re in the right place. A study conducted recently at Heathrow Airport by Aventus and Airport Perishables Handling (APH) revealed that airlines could save up to 7% of costs by embracing Web3 technology. This report, which has excited many in the aviation industry, proves blockchain technology is capable of changing the world for the better. For years, the aviation industry has been grappling with outdated technology, resulting in significant issues such as losses, damages, and even lawsuits. For instance, the tools used for managing Unit…

FridayAug 09, 2024 10:00 am

Taipei Emerges as Asia’s Premier Hub for AI, Web3 Innovation

Taipei is quickly proving that it is a central hub for Web3 and artificial intelligence (AI) innovation in the Asian continent. The upcoming Asia Blockchain Summit 2024 (ABS2024), set to take place from Aug. 6–8, 2024, at the Taipei Nangang Exhibition Center, epitomizes this transformation. The high-profile event, organized by BlockTempo, a blockchain news media powerhouse, will showcase the city's leadership in Web3 technology and cutting-edge advancements. ABS2024 is more than just a convention; this annual event, which is in its sixth year, is a convergence of multiple blockchain events and summits, gathering more than 15,000 attendees from more than…

TuesdayAug 06, 2024 10:00 am

Blackbird Labs Creates Web3 Platform to Help Restaurants Receive Payments

Blackbird Labs, a hospitality technology startup established by Ben Leventhal, has launched an innovative Web3 payments platform known as Blackbird Pay. This crypto app designed specifically for restaurant industry players leverages the power of blockchain technology to revolutionize how restaurants manage payments and settle checks. Blackbird Labs' platform comes at a time when many restaurants are struggling with rising costs and shrinking margins post-COVID. According to a statement by the company, “the payment platform provides a solution to tackle the increasing issue of diminishing margins and depleting cash reserves by offering a complete end-to-end payments and check settlement system for…

ThursdayAug 01, 2024 10:00 am

Four Projects Set to Boost Web3 Mass Adoption

The Web3 landscape is rapidly evolving, bringing a new set of innovative projects that will reshape the internet. Even though Web3 promises a more open and decentralized digital landscape, mainstream adoption is still a central issue. However, there are some exciting projects that are set to bridge the gap and allow for the mass adoption of Web3. So, what are these exciting initiatives? Zeus Network: Bridging Bitcoin and Solana Imagine a system that integrates Bitcoin's robust security with Solana's lightning-fast transactional speeds. That's what Zeus Network aims to do. By setting up a decentralized layer that brings together the best…

WednesdayJul 31, 2024 11:15 am

Canada Crypto Week Set For Aug 11-17, 2024: Anchor Event Blockchain Futurist Conference Hosts Multiple Sub-Events Onsite

Toronto, July 22, 2024 – Canada Crypto Week, a week-long series of Web3 and AI events, is set to take place from August 11-17, 2024 in Toronto, Canada. Blockchain Futurist Conference serves as the anchor event for Canada Crypto Week, providing a central hub for the majority of the week’s activities. Many of the 20+ events during Canada Crypto Week will take place onsite at the conference, offering attendees an interactive and immersive experience. Events include book signings, workshops, networking opportunities, the ETHToronto & ETHWomen Hackathon Experience, and more. This integration ensures that participants can fully engage with the majority…

TuesdayJul 30, 2024 10:00 am

Ripple Positions Itself as Bridge Linking Traditional Finance to Web3

Ripple is a blockchain-based digital payment company that is boldly stepping forward to redefine the way traditional finance intersects with the revolutionary potential of Web3. It is setting its sights on becoming the leading provider of digital asset infrastructure by bridging the worlds of traditional finance (TradFi) and Web3. The company is setting its sights on becoming a pivotal player in digital asset infrastructure. But, what is the meaning of this, and why does it matter? The American-based company aims to lead the blockchain industry, not just be part of it. Its vision is to ensure a world where financial…

ThursdayJul 25, 2024 10:00 am

Web3 Experts Identify Limited Innovation, PR as Bottlenecks to NFT Adoption

Even though NFTs (non-fungible tokens) have emerged as a groundbreaking technology in the digital age, their adoption is encountering significant hurdles. Experts believe the biggest barrier to this roadblock is limited innovation and public relations (PR) issues. In a series of interviews in the Web3 space, industry experts expressed the belief that there is a need for new narratives, improved reputation management and simplified user experiences to drive mainstream adoption of NFTs. One of the primary bottlenecks raised by these industry experts is the perceived limitation in innovation within the NFT space itself. There is nothing that cannot be tokenized…

TuesdayJul 23, 2024 10:00 am

Constellation Network Announces Global Web3 Hackathon

Constellation Network Inc. has continued bringing trailblazing innovations in the digital space by announcing its first-ever global Web3 Hackathon, set against the backdrop of emerging technologies such as Constellation Network's Hypergraph. The event, which began on July 15 and will run until Sept. 9, 2024, is expected to be a game-changer in the world of decentralized technology. Constellation's Hypergraph, which was developed under U.S. Department of Defense contracts, serves as a foundational layer for diverse blockchain applications. These are known for their fast and feeless transactions facilitated by Directed Acyclic Graph (DAG) architecture. Features include scalability, security and simplified integration,…

ThursdayJul 18, 2024 10:00 am

Web3 Helping to Revolutionize Access to Water in India

For millions of people in rural India, obtaining clean water has been a significant problem for some time, despite the country's rapid urbanization and advancements. Traditional means of water catchment and management have proven unreliable, leaving underserved communities facing severe water scarcity. However, this problem is being mitigated, thanks to Web3's innovative solutions. Many may wonder what Web3 has to do with water. Built on decentralized technology, Web3 creates new economic opportunities and revolutionizes how people can access clean water. The Crypto Council for Innovation recently highlighted how Web3 is changing many people's lives in rural India through a case…

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