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OneConnect Launches Blockchain Integrated Dual Carbon Innovation Lab
OneConnect Financial Technology Co. Ltd. has announced the launch of the Innovation Laboratory of Carbon Emission Governance Blockchain and Energy Technology (the “Dual Carbon (carbon peaking and carbon neutrality) Innovation Laboratory”).
The white paper on blockchain empowering “Carbon Peaking and Carbon Neutrality” discussed blockchain as a service across various areas such as carbon emission reduction, carbon trading, and carbon supervision.
China-based OneConnect, a leading Technology-as-a-Service provider for financial institutions, said that the Dual Carbon Innovation Laboratory aims to learn how to integrate blockchain technology and the dual carbon economy.
“Blockchain technology will play a key role in promoting dual carbon. For example, the industry has to live up to carbon emission inspections. It is necessary to ensure the authenticity, credibility and effectiveness of basic data,” the Chinese national high-tech enterprise said. Read More
EZ Blockchain Introduces Immersion Cooled Crypto Mining Data Center Containers
Crypto Mining Company EZ Blockchain creates Immersive Liquid-Cooled Data Center, Simultaneously Unveils Newest Product for Cooling Crypto Mining Containers, SmartBox 1500i.
EZ Blockchain has been committed to solving the global waste energy problem and using sustainable energy to connect the blockchain ecosystem.
EZ Blockchain said its latest product, the SmartBox 1500i, has a 20-foot container footprint while being a lightweight data centre capable of running up to 288 latest-generation cryptocurrency miners,
The electrical infrastructure configured with this device can increase the hash rate by up to 40% while also providing significantly lower noise, lower operating costs, longer device life, and ten times the cooling capacity. Read More
2023 is the Year for Web 3.0. Here’s Why.
The last couple of years has witnessed the birth and growth of new blockchain-based innovations such as cryptocurrencies, non-fungible tokens (NFTs), decentralized finance (DeFi), and decentralized autonomous organizations (DAOs). The latest addition to this impressive collection is likely to be Web 3.0.
Web 3.0 is the newest iteration of the internet, and it is a convergence of artificial intelligence (AI), machine learning (ML), and distributed ledger technology (DLT).
This version of the World Wide Web will allow individual users to own and control their own data and content. In the current version of the internet, giant centralized corporations own user data and also take large chunks of earnings deriving from user-generated content.
It will probably take a while before the use of Web 3.0 becomes more widespread. But starting in 2023, expect to see a more marked utilization of the “semantic web,” especially in social gaming networks and blockchain-enabled business models. In this short article, we will take a look at some of the areas we expect to be highly influenced by Web 3.0 in 2023. Read More
What the media is missing about decentralized autonomous organizations
Many pieces from establishment media outlets seem to fundamentally misunderstand what DAOs are and how they may operate.
The New York Times: “Reality Intrudes on a Utopian Crypto Vision.” Bloomberg: “The Next Crypto Bust May Be Spelled D-A-O.” The Guardian: “Are blockchain-based DAOs really a utopian revolution in the making?”
Seemingly every week, another old-guard media outlet echoes the talking points of defenders of the status quo financial system who fear and distrust the economic opportunities that will be unlocked through the power of decentralized autonomous organizations (DAOs). While publications are right to recognize the unsurprising early growing pains of DAOs, this sort of hand-wringing misses the forest for the trees when it comes to the impact of DAOs.
Rather than simply being a “utopian” experiment, DAOs are a crucial tool in the development of a new decentralized financial (DeFi) system that has the potential to reach the 1.7 billion people globally who currently have no access to the traditional financial system. DeFi promises to provide individuals everywhere with access to a reliable and transparent financial system with clear rules of the road. Read More
What Does The Wallet Do? What Does It Mean For You?
The launch of the Markethive wallet is approaching, so it’s time to start beating the proverbial drum. It is the start of an exciting time with the advent of many integrations to follow the release of the wallet that will bring Markethive into prominence as an unprecedented platform. The combination of inbound marketing, social media, digital broadcasting, video, conference rooms, e-commerce, gamification, etc.
Markethive is a blockchain-driven crypto economy, all-inclusive, with a distributed database system required for this decentralized, monolithic global project. We’re almost there with the release of the wallet that will initiate entrepreneurial sovereignty and open the floodgates of this divine enterprise with its plethora of systems and services, including the new interface and dashboard.
We now have a complete working wallet with the Solana Network, and we also have a fully functional crypto merchant account. The Markethive wallet is being polished with the finishing touches, keeping mindful that it’s not just a simple wallet but a comprehensive, dynamic engine centralized for you that powers your platform and business.
Markethive is fundamentally a sophisticated inbound marketing and storefront platform, integrated with a social network, and not just another social media platform you see popping up to counter the media tech giants we’ve come to know as oppressive, censoring you and using your personal data for their own gain. Read More
The state of Web3: Community talks about opportunities around the world
Web3 brings “endless” opportunities to Indonesia, changes lives in Nigeria, breaks barriers in India, changes skeptics’ minds in the Philippines, and makes its way to Uraguay.
Attendees of Binance Blockchain Week shared their stories around Web3 and the growth of opportunities it presents within their local communities.
The recent conference brought together crypto community members from all over the world to share their passions, meet like-minded people, learn from keynote speeches by community leaders and share their perspectives on the state of Web3.
One of the topics people showed interest in was the growing demand for Web3 talent. As the internet evolves from Web2, reports show that the demand for talent within the Web3 space is rapidly increasing, with plenty of opportunities popping up within the industry.
While statistics are important, direct insights from the people witnessing the industry’s transformation are just as crucial. Read More
How ambitious young projects are connecting Distributed Ledger Technology and music
As the world rushes to identify the major use cases of Distributed Ledger Technology, the music industry has continued to rise to the public’s attention.
Blockchain is simple to understand at a basic level, existing as a distributed database, where different devices distributed across the network must verify the entries posted. As a result, blockchain is most well-known for decentralization, anonymity, and security, all of which are evident in the first cryptocurrency, Bitcoin (BTC). While many are quick to associate Bitcoin with blockchain, this is only one of the possible use cases for the technology.
One of the most notable use cases right now is the music industry, where creators have gained new opportunities to connect with their fans directly, further eliminating the need for an intermediary.
Today, the music industry is plagued with several overarching concerns, including the burden that record labels seem to place on the musicians that work with them. Traditionally, labels have determined how an artist will look and sound, also taking a huge cut from their profits. For perspective, three major record labels in the United States account for two-thirds of America's music. Read More
Record music streaming profits highlight how NFTs will empower content creators
With the dramatically expanding creator economy, NFTs and Web3 are becoming the tools for giving artists and musicians more financial stability and control.
The music sector hit record revenues at $25.9 billion in 2021, which amounts to an 18.5% growth from 2020, according to IFPI’s “Global Music Report.” Of these nearly $26 billion, streaming drove the bulk of the growth, with a 24.3% increase relative to 2020. These patterns constitute great news for the emerging class of NFT musicians and highlight the demand for audio and video content.
Even if the way that streaming is done changes — moving from centralized platforms, like Spotify to decentralized NFT marketplaces — streaming is here to stay. The rise in streaming is part of a broader transformation in media and entertainment towards digital content — print media is quickly fading. Digital media began replacing print media years ago with profound effects on the sector. Economists find that the move toward national digital media is linked with the decline in local newspapers and partially explains the focus on national topics and heightened politicization.
But, we have the opportunity to do things differently in the emerging Web3 era. We now are starting to see the emergence of individual musicians minting their own NFTs and marketing them — and keeping the bulk of the revenues, rather than ceding them to record labels or other intermediaries. Read More
What is augmented reality and why is it important for the Metaverse?
Augmented reality can be used for a lot of different purposes. You can enrich daily activities or innovate your services as an entrepreneur.
Augmented reality, or AR, is a technique that adds layers to the world as we are used to it. These layers could be visual, auditory, and sensory information to intensify your experience. Companies use augmented reality techniques to promote their products, collect significant data and launch marketing campaigns. In everyday life, Pokémon Go is probably one of the best-known AR examples.
Think about those really awesome sneakers you want to buy. Local shops don’t have the items you’re looking for, so you buy online. But, will they match your favorite outfit and will you still like them once they’re on your feet? With AR technology, you can try the sneakers on at home. Problem solved. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.