RBI Advises Banks to Adopt AI, Blockchain Technologies
Reserve Bank of India’s (RBI) Deputy Governor has recommended that Indian bank directors “adopt innovative technologies such as artificial intelligence (AI) and blockchain.” During a conference held by the Reserve Bank of India (RBI) for the directors of Indian institutions, the Deputy Governor, Mahesh Kumar Jain, discussed risk strategies for sustainable growth and stability. Jain […]
Zhengzhou City Releases Policy Draft to Support Metaverse Industry
Zhengzhou, China, released a series of policy proposals on May 24 to support metaverse companies operating in the region. The government will establish a 10 billion yuan ($1.42 billion) fund to promote the industry’s growth and development. According to the government draft, metaverse enterprises that relocate their headquarters to Zhengzhou will be eligible to receive […]
ASX Reportedly Halts Blockchain Plans
Australia’s stock market operator ASX has abandoned plans to rebuild its software infrastructure using blockchain technology to explore more conventional options. The Australian Securities Exchange (ASX) angered market participants in November 2022 when it decided to “pause” its decentralized computing-based trading, settlement, and clearing software reconstruction. After seven years of development, an external evaluation determined […]
Cofra Joins Hedera to Boost DLT and Sustainability
Cofra Holding will leverage its expertise in environmental, social, and governance (ESG) practices to help drive the adoption of distributed ledger technology (DLT) and foster sustainability leadership. Cofra Holding, a Swiss family-owned company with diverse interests in fashion, real estate, and private equity, has joined the Hedera Governing Council. The council oversees the development and […]
Block Dojo: The Perfect City for Blockchain Business
London Blockchain Conference 2023 is set to become an annual event showcasing blockchain technology’s latest developments and use cases. James Marchant, executive chairman of startup incubator Block Dojo, shares his insights on why London is the optimal location for blockchain entrepreneurs in an interview with CoinGeek. The conference will take place between May 31 and […]