🔴New Blockchain Marketplace Aims to Address Morality Issues of Deepfake Media
🔻A blockchain-based marketplace is launching for creators of “synthetic media'', a term used to describe video, image or voice material generated through artificial intelligence algorithms. This project aims to address the morality issues of deepfakes.
CEO of Alethea AI, the firm behind the project says that blockchain can significantly ensure that this content is circulated responsibly by providing infrastructure for licensing, circulating and monetizing legal and permissioned creations.
Similar to the blue tick verification that Twitter provides, the company believes that secure blockchain validation on its platform will establish a barrier between valid and suspicious material.
#blockchain
#blockchainnews
#deepfakes
#blockchainplatform
🔻A blockchain-based marketplace is launching for creators of “synthetic media'', a term used to describe video, image or voice material generated through artificial intelligence algorithms. This project aims to address the morality issues of deepfakes.
CEO of Alethea AI, the firm behind the project says that blockchain can significantly ensure that this content is circulated responsibly by providing infrastructure for licensing, circulating and monetizing legal and permissioned creations.
Similar to the blue tick verification that Twitter provides, the company believes that secure blockchain validation on its platform will establish a barrier between valid and suspicious material.
#blockchain
#blockchainnews
#deepfakes
#blockchainplatform
🔴German Bank Cooperates with Singapore Fintech Consortium on Blockchain
🔻German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries. WEG bank will provide digital asset custody services for Anquan affiliates with Anqlave offering custody solutions to enterprise clients. WEG Bank is also licensed to provide crypto trading and custody services from Estonia.
Anquan CEO believes that it is a perfect time to explore how unlocking the potential of DLT technologies could accelerate digital transformation and revolutionize finance for everybody.
#blockchain
#dlt
#Germany
#Singapore
#financialservices
#blockchainnews
🔻German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries. WEG bank will provide digital asset custody services for Anquan affiliates with Anqlave offering custody solutions to enterprise clients. WEG Bank is also licensed to provide crypto trading and custody services from Estonia.
Anquan CEO believes that it is a perfect time to explore how unlocking the potential of DLT technologies could accelerate digital transformation and revolutionize finance for everybody.
#blockchain
#dlt
#Germany
#Singapore
#financialservices
#blockchainnews
✅Visa Patent Filing Would Allow Banks to Mint Digital Fiat Currencies Using Blockchain
⛓The payments giant, Visa, has filed a patent application for a process for turning physical fiat currency into a newly digitized version. The filing, which was filed with the U.S. Patent and Trademark Office in November says the system would be able to mint digital fiat currency and keep a tally of all issuances on the blockchain. Newly created digital fiat would be the exact equivalent with physical cash.
#visa
#technology
#blockchain
#digitalcurrency
#blockchainnews
#bank
⛓The payments giant, Visa, has filed a patent application for a process for turning physical fiat currency into a newly digitized version. The filing, which was filed with the U.S. Patent and Trademark Office in November says the system would be able to mint digital fiat currency and keep a tally of all issuances on the blockchain. Newly created digital fiat would be the exact equivalent with physical cash.
#visa
#technology
#blockchain
#digitalcurrency
#blockchainnews
#bank
🔴Blockchain spending in Europe will recover post-Covid-19, says IDC
🔻According to International Data Corporation (IDC) there awaits a bright future for blockchain technologies. The short-term outlook for blockchain technologies in Europe is not good right now amid the coronavirus pandemic but there is a note of optimism in certain sectors, according to IDC. Counos platform via implementing the latest technologies such as MultiSig wallet and fingerprint biometric technology hopes to provide a secure environment for its users in the blockchain industry.
#blockchain
#blockchainnews
#Europe
#dlt
#Counosplatform
🔻According to International Data Corporation (IDC) there awaits a bright future for blockchain technologies. The short-term outlook for blockchain technologies in Europe is not good right now amid the coronavirus pandemic but there is a note of optimism in certain sectors, according to IDC. Counos platform via implementing the latest technologies such as MultiSig wallet and fingerprint biometric technology hopes to provide a secure environment for its users in the blockchain industry.
#blockchain
#blockchainnews
#Europe
#dlt
#Counosplatform
🔴Dapper Labs Welcomes CryptoKitties onto Flow Blockchain
🔻Dapper Labs has announced that its popular Ethereum-based collectibles game CryptoKitties will be launched on its Flow blockchain. Flow blockchain was built by Dapper Labs to address the technical issues. Dapper Labs’ chief executive Roham Gharegozlou revealed that During 2019, CryptoKitties generated more than 2 million transactions which is the most of any consumer decentralized application on Ethereum.
#cryptocurrency
#games
#cryptogames
#blockchainnews
#blockchain
🔻Dapper Labs has announced that its popular Ethereum-based collectibles game CryptoKitties will be launched on its Flow blockchain. Flow blockchain was built by Dapper Labs to address the technical issues. Dapper Labs’ chief executive Roham Gharegozlou revealed that During 2019, CryptoKitties generated more than 2 million transactions which is the most of any consumer decentralized application on Ethereum.
#cryptocurrency
#games
#cryptogames
#blockchainnews
#blockchain
🔴Swiss Regulators Green Light Crypto Transactions for Local Bank
🔺InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets. The official announcement represents an important step in creating a blockchain-friendly environment across the EU banking sector. Company executives said the bank plans to expand its blockchain strategy in the coming months.
#blockchain
#crypto
#EU
#cryptotransaction
#blockchainnews
🔺InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets. The official announcement represents an important step in creating a blockchain-friendly environment across the EU banking sector. Company executives said the bank plans to expand its blockchain strategy in the coming months.
#blockchain
#crypto
#EU
#cryptotransaction
#blockchainnews
🔴Tencent Aims to Establish 100-Member Blockchain Alliance in 2020
🔺Tencent Cloud, the cloud computing arm of the Chinese internet giant Tencent, is preparing to bring together 100 organizations this year to establish the Industry Blockchain League. The organizations will work together to bring blockchain standards and development for industrial implementation. Tencent recently announced that it would invest $70 billion over the next five years in fintech, blockchain, AI, and cloud computing.
#china
#government
#blockchainnews
#cloudcomputing
#blockchain
🔺Tencent Cloud, the cloud computing arm of the Chinese internet giant Tencent, is preparing to bring together 100 organizations this year to establish the Industry Blockchain League. The organizations will work together to bring blockchain standards and development for industrial implementation. Tencent recently announced that it would invest $70 billion over the next five years in fintech, blockchain, AI, and cloud computing.
#china
#government
#blockchainnews
#cloudcomputing
#blockchain
🔴Chinese Companies to Bet Big on Blockchain Despite COVID-19 Crisis
🔺A survey of 350 Chinese companies revealed that Blockchain’s pre-COVID-19 corporate bullishness remains alive in the region. According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the coronavirus outbreak remain optimistic about the potential of Blockchain technology. Up to 20% believe that they will invest even more to mitigate the effects of the crisis. Blockchain technology is considered the “most effective way to fight against disasters.”
#blockchain
#technology
#china
#blockchainnews
🔺A survey of 350 Chinese companies revealed that Blockchain’s pre-COVID-19 corporate bullishness remains alive in the region. According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the coronavirus outbreak remain optimistic about the potential of Blockchain technology. Up to 20% believe that they will invest even more to mitigate the effects of the crisis. Blockchain technology is considered the “most effective way to fight against disasters.”
#blockchain
#technology
#china
#blockchainnews
🔴Cybercriminals Use the Blockchain to Relay Secret Messages
🔺SophosLabs published a study that revealed hackers use the blockchain network to share secret messages. SophosLabs states that hackers operating the cryptojacking malware, Glupteba, have been using the Bitcoin blockchain network to communicate in secret.
The purpose is for hackers to receive updated configuration information for the malware. Glupteba is what’s known as a zombie or software robot that can be controlled remotely. It has various functions such as a rootkit, security suppressor, virus, router attack tool, browser stealer, and as a cryptojacking tool.
#blockchain
#glupteba
#crypto
#bitcoin
#blockchainnews
🔺SophosLabs published a study that revealed hackers use the blockchain network to share secret messages. SophosLabs states that hackers operating the cryptojacking malware, Glupteba, have been using the Bitcoin blockchain network to communicate in secret.
The purpose is for hackers to receive updated configuration information for the malware. Glupteba is what’s known as a zombie or software robot that can be controlled remotely. It has various functions such as a rootkit, security suppressor, virus, router attack tool, browser stealer, and as a cryptojacking tool.
#blockchain
#glupteba
#crypto
#bitcoin
#blockchainnews