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Category: blockchains – Page 8

Artificial Intelligence is the buzzword of the year with many big giants in almost every industry trying to explore this cutting-edge technology. Right from self-checkout cash registers to AI-based applications to analyse large data in real-time to advanced security check-ins at the airport, AI is just about everywhere.

Currently, the logistics industry is bloated with a number of challenges related to cost, efficiency, security, bureaucracy, and reliability. So, according to the experts, new age technologies like AI, machine learning, the blockchain, and big data are the only fix for the logistics sector which can improve the supply chain ecosystem right from purchase to internal exchanges like storage, auditing, and delivery.

AI is an underlying technology which can enhance the supplier selection, boost supplier relationship management, and more. When combined with big data analytics AI also helps in analysing the supplier related data such as on-time delivery performance, credit scoring, audits, evaluations etc. This helps in making valuable decisions based on actionable real-time insights.

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North Korea’s infamous Lazarus Group is mimicking venture capital firms and banks to steal cryptocurrency, according to a report from cybersecurity company Kaspersky.

The state-sponsored cybercrime group, which was was behind the $625 million Axie Infinity hack in April, is creating domains that present themselves as well-known Japanese, US and Vietnamese companies.

Kaspersky said Lazarus’ BlueNoroff subgroup is using new types of malware delivery methods that bypass security warnings about downloading content. They can then “intercept large cryptocurrency transfers, changing the recipient’s address, and pushing the transfer amount to the limit, essentially draining the account in a single transaction.”

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While it is still unclear how cryptocurrencies will alter in value and where we will be in 2023 — one thing is clear, they are undoubtedly here to stay.

As 2022 draws to a close, the cryptocurrency market is under great scrutiny. From the crypto winter of 2021 that saw Bitcoin lose almost a third of its value and other cryptocurrencies follow suit to security issues with crypto exchanges, bridges, and web 3.0 apps, and of course, FTX’s dramatic failure, it’s almost impossible to disbelieve tales of gloom. However, looking at the forecasts for 2023, it appears the market may rebound, and now may even be an ideal moment to invest.

Da-kuk/iStock.

Continue reading “Why blockchain will remain a big deal in 2023 and beyond” | >

In this article, we review the top 10 NFTs and why they make for great investments this year.

Non-Fungible Tokens, or NFTs for short, have been the buzzword for the year 2022. And, rightly so because even though it might seem like it is a new tech on the block, you will be shocked to know that there are more than 11 million NFTs out there. Each represents a unique (and, not to forget, valuable) piece of art which could be an image, video content, music, or anything else. And, yet, the industry is still in its infancy stage. We bring to you the only guide you will ever need to understand the uprising of the NFT market and what is all the attraction about. We have also shared some of our favorite NFTs to check out if you want to get active in space. This article features the top 10 NFTs that you should look out for in 2023.

Silks.

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Check out all the on-demand sessions from the Intelligent Security Summit here.

On September 15, 2022, the Ethereum network migrated from a proof-of-work to a proof-of-stake consensus mechanism called the Merge. Apart from reducing energy consumption by 99%, the Merge laid the foundations for building a highly secure and scalable blockchain. However, despite the benefits of the Merge, it also marks a regression in privacy, which is a significant concern for Ethereum users.

Privacy generally takes a backseat to other core blockchain topics such as decentralization and scalability. In fact, blockchain networks’ zeal for data transparency often comes at the cost of compromising individual and enterprise privacy. But without a privacy-focused approach — even one that gives users optional privacy — Ethereum decentralized applications (dapps) will repeat the same mistakes of Web2 applications.

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A deja-vu in the crypto industry.

Withdrawals at the world’s largest crypto exchange platform, Binance, surged to $3 billion in a period of 24 hours, according to blockchain analytics firm Nansen.

Binance CEO Changpeng Zhao called the incident “very normal market behavior,” CNN

The turn of events is quite similar to Binance’s former rival crypto exchange, FTX, which crashed and burned after investors began taking out money from the exchange. As FTX’s former CEO, Sam Bankman-Fried (SBF), is charged with fraud, the attention of the U.S. regulators appears to be on other crypto exchanges, and Binance is the biggest of them all.

Rise and fall of the crypto empire.

Continue reading “Binance withdrawals surge to billion, CEO CZ calls its ‘business as usual’” | >

As someone who’s very involved with tech, this discovery is both terrifying and exciting for me. The tech that I will be showing in this video has the potential to be extremely useful but also incredibly horrifying.

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Try GPT3: https://chat.openai.com/chat.

Continue reading “It’s Official — GPT-3 Is Replacing Programmers…” | >

Apple’s mobile store can typically charge up to 30% commission on in-app purchases, but gas fees don’t occur within the app. Gas fees, which are the charge a user pays to perform a function on a blockchain, keep its network running. Therefore, you can’t pay for gas fees using Apple’s software.

Apple did not immediately respond to Insider’s request for comment.

“For anyone who understands how NFTs and blockchains work, this is clearly not possible,” Coinbase said. “Apple’s proprietary In-App Purchase system does not support crypto, so we couldn’t comply even if we tried.”

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Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innovate and achieve efficiency by upskilling and scaling citizen developers. Watch now.

As we move into the NFT 2.0 technology space, we see a more innovative and accessible approach to creating a user-centric experience where participants can benefit from utility. Web3 marketers are also delving into how brands can position themselves to continue generating profit from NFT ventures while adding value to their products. However, for NFTs to thrive in the Web3 ecosystem, consumers need storytelling and value proposition, especially in an environment where technology is constantly evolving.

Web3 marketing agencies have been carefully implementing brands into the metaverse to build awareness and actual utility for consumers they engage with. However, for a brand to be true to its fan base, its digital assets must incorporate audience and community engagement to create a worthwhile experience and keep consumers coming back.

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