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International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status

International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status

International Chamber of Commerce (ICC) has inked a partnership with International SOS, the globe’s biggest medical and travel security services firm, to establish a new blockchain-enabled mobile app dubbed ICC AOKpass. It will be instrumental in providing trusted and immutable recognition of persons’ COVID-19 compliance status.

Seven Key Takeaways You Need to Know About Central Bank Digital Currencies

Seven Key Takeaways You Need to Know About Central Bank Digital Currencies

Why are Central Bank Digital Currencies (CBDCs) important? Do we really need them? What are the implications? How will they be designed? Here are seven key takeaways you need to know.

AI and Competition Policy: Insights from the White House Meeting

AI and Competition Policy: Insights from the White House Meeting

The White House meeting on competition policy and AI highlighted concerns about market concentration in critical AI components and its impact on small businesses. The discussion emphasized the need for fair competition and scrutinizing industry behaviors. The Biden-Harris Administration is committed to promoting competition and supporting small businesses in AI development.

British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future

British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future

BSI's release of the first international AI safety guideline, BS ISO/IEC 42001, marks a significant step in standardizing the safe and ethical use of AI, reflecting global demand for robust AI governance.

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).

Crypto Lending Platform Nexo Takes Stake in U.S. Summit National Bank

Crypto Lending Platform Nexo Takes Stake in U.S. Summit National Bank

Switzerland-based Crypto lending platform Nexo has announced the acquisition of a stake in Wyoming-based Summit National Bank, expanding its footprint in the U.S. region.

Coinbase Bolsters Advisory Board with Security Experts

Coinbase Bolsters Advisory Board with Security Experts

Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.

China Alerts on Foreign Mapping Firms Using Crypto Rewards for Sensitive Data Collection

China Alerts on Foreign Mapping Firms Using Crypto Rewards for Sensitive Data Collection

The Chinese Ministry of State Security issues a warning about foreign mapping companies using cryptocurrency rewards to encourage unauthorized sensitive geographical data collection in China, posing a threat to national security.

National Australia Bank to Launch Ethereum-Based Stablecoin

National Australia Bank to Launch Ethereum-Based Stablecoin

NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading.

Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023

Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023

Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.

NVIDIA and NSF Launch Groundbreaking NAIRR AI Research Initiative

NVIDIA and NSF Launch Groundbreaking NAIRR AI Research Initiative

NVIDIA and the NSF partner to launch the NAIRR pilot, a major initiative to advance AI research in the U.S. by providing resources and promoting responsible AI innovation, strengthening America's global AI competitiveness.

US Financial Giant Capital International Group Acquires 12.2% Equity in MicroStrategy

US Financial Giant Capital International Group Acquires 12.2% Equity in MicroStrategy

American financial services provider, Capital International Group, acquires 12.2% of the shares in MicroStrategy, leaping over the third-largest shareholder in the company.

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