Türkiye plans to utilize blockchain technology for online public services logins. The country's digital government portal, e-Devlet, which is used to access a variety of public services, will utilize a blockchain-based digital identity system to verify the identity of citizens.
After BMV, MG Motors has announced the launch of MGVerse to strengthen their relationship with GenZ & Gen Alpha. People would be able to experience this future-ready metaverse at Auto Expo 2023.
#blockchain#metaverse#Automotive
The MIT Digital Currency Initiative (DCI) has published a paper on the potential benefits and preconditions necessary for a CBDC to improve access to financial services and promote inclusion. Here are the key take aways (1/7)
#Future#CentralBanks#CDBC#digitalcurrency
New BIS paper suggests 3 approaches to crypto-assets: targeted regulation, containment, or a complete ban. Another option: make traditional finance more attractive with central bank digital currency (CBDC) to encourage sound innovation. #crypto#regulation#CBDC
Manchester City football club & Sony are teaming up to create a virtual fan engagement platform in the metaverse. The PoC at CES 2023 includes a virtual version of Etihad stadium & Sony's Hawk-Eye Innovations for live 3D video distribution. #Metavrse
https://t.co/HobnUoHH4L
2023 will be the year of “Ethereum Account Abstraction” which is concept to address the human error that can lead to the loss of funds in crypto, making it a crucial step in pushing crypto into mainstream use. (1/4)
#Ethereum#AccountAbstraction#crypto#userfriendly
Crypto-focused regulatory measures are ineffective? Yes may be!
A Journal of Financial Regulation article published that there is no systemic evidence that regulatory measures cause traders to flee or enter into affected jurisdictions. #cryptoregulation#cryptotrading
Rusian bank Sber has issued its first Gold-backed digital financial assets. Happy to see big players jumping into precious metal-backed assets. We went two steps ahead at @DAB_LY_ by supporting Silver and Palladium.
https://t.co/ca9LAamBBU
The NFTs market is one of the fastest-growing markets in America, with over 2 million new accounts being created every year.
With an investment as low-cost and high payoff as this, it's no wonder people are flocking from all around looking for their piece!
#nft#blockchain
Blockchain is a new and exciting technology that provides us with the ability to have transparency, security as well trust.
Main reason why blockchain has become so popular lately? It eliminates middlemen such as banks or government entities which can reduce costs by up to 40%.