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Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.

AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression

AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression

AI and 5G integration with Blockchain Infrastructure will form the foundation of China's New Deal To Combat the Second Great Depression

Ethereum Will Be Made Available on Amazon Managed Blockchain

Ethereum Will Be Made Available on Amazon Managed Blockchain

Amazon Web Services (AWS) has now brought the benefits of Ethereum blockchain solutions to its users.

IBM Eyes Blockchain and IoT Solution to Eradicate Drone Theft

IBM Eyes Blockchain and IoT Solution to Eradicate Drone Theft

Companies, such as FedEx, DHL, and Amazon, are developing drones that can deliver packages to clients’ doorsteps. This is a novel undertaking, but IBM is looking at the bigger picture, whereby these drones might steal the packages instead of delivering them.

NASA is Funding a Blockchain Solution for Space Communication

NASA is Funding a Blockchain Solution for Space Communication

The United States National Aeronautics and Space Administration (NASA) is funding two US-based companies to develop a blockchain solution to enhance space communication

Exclusive: Talent Shortage is The Key Pain Point in the AI Industry

Exclusive: Talent Shortage is The Key Pain Point in the AI Industry

Artificial intelligence is one of the emerging fintech trends in Hong Kong. While there are some great minds and AI companies in Hong Kong, they can’t survive without sufficient funding and technical support from government and industry leaders. We had the opportunity to invite Timothy Leung, Executive Director of HKAI Lab, to share his thoughts on how HKAI Lab facilitates the growth of AI ecosystem in Hong Kong. He also identified talent shortage is the key pain point in AI industry which hinders integration of AI and blockchain.

Ethereum Still Undervalued Says Winklevoss as ETH Price Rally Continues Above $1,550

Ethereum Still Undervalued Says Winklevoss as ETH Price Rally Continues Above $1,550

The Ethereum (ETH) price has again surged to a new all-time high of $1,550 but is still undervalued according to Gemini digital asset exchange founder Cameron Winklevoss.

Alibaba Unveils Its First Home-Grown AI Chip

Alibaba Unveils Its First Home-Grown AI Chip

Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business.

IBM Opens Quantum Computation Center in New York

IBM Opens Quantum Computation Center in New York

On September 18th, IBM announced the opening of the IBM Quantum Computation Center in New York State which will house the world's largest fleet of quantum computing systems for commercial and research activity that exist outside of an experimental lab environment.

IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities

IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities

Tech giant IBM has teamed up with R3, an enterprise software company, to boost the hybrid cloud with blockchain capabilities.

University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak

University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak

The University of Utah paid a hefty sum of $457,059.24 to a ransomware gang to prevent compromised student data from being leaked online.

Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange

Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange

AirCarbon Pte, a Singaporean exempt private company, has established the first-ever blockchain-powered carbon trading exchange (CTX) that will permit corporate buyers and airlines to sell and purchase tokens subsidized by carbon offset credits.

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