economic systems
How LLM Is Reshaping Agent-Based Modeling and Simulation
LLMs are reshaping agent-based modeling, enhancing simulations in social, economic, and cyber domains with advanced AI integration.
World Economic Forum Releases GSMI Global Blockchain Standards
The World Economic Forum (WEF) has released blockchain standards dubbed the Global Standards Mapping Initiative (GSMI).
World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink
The World Economic Forum (WEF) has honored six blockchain companies on its list of 100 “early to growth-stage” firms Technology Pioneers for 2020, including MakerDAO and Chainlink.
Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems
The Cardano Foundation has partnered with the South African National Blockchain Alliance (SANBA) in a bid to expand blockchain adoption and bring financial inclusion to the country of 59 million.
World Economic Forum Launches New Blockchain Toolkit for Supply Chains to Support the World Through Post-COVID Economic Recovery
The World Economic Forum (WEF) has just released its Blockchain Deployment Toolkit, aiming to enable companies of any size to be able to maximize the benefits of integrating blockchain technology in the supply chain sector. The toolkit allows companies to be able to get a better idea of how to handle deploying blockchain technology in regards to supply chain uses.
Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars
According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.
MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems
MIT Cybersecurity experts have said that blockchain-based mobile voting systems are vulnerable to serious failures.
World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge
The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.
China’s Supreme Court Decides to Strengthen the Protection of Cryptocurrency Property Rights
The Chinese Supreme Court has decided to strengthen cryptocurrency property rights. China’s Supreme Court is looking to further protect property rights, including economic property rights through different ownership systems in accordance with the law.
Gate.io Executive Reveals Global Economic Outlook and Future Cryptocurrency Adoption Amid Coronavirus Pandemic
Blockchain.News exclusively interviewed Marie Tatibouet, the Chief Marketing Officer of Gate.io to explore the current trends and future expected evolution of the cryptocurrency market.
China's Shenzhen Special Economic Zone Now Supports Digital Currency Research
The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.
Bitcoin Whales Surge as Economic Inflation Meltdown Looms, Over 2000 Wallets Now Hold Over 1000 BTC
On-chain analytics data confirms that Bitcoin whales are forming quickly, likely as economic inflation looms.
Financial Stability on The Brink of Instability Due to Bigtech Companies
FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.