News

Fear of AI becoming threat to humanity is ‘preposterous’: Meta chief AI scientist
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25 October, 2023

Fear of AI becoming threat to humanity is ‘preposterous’: Meta chief AI scientist

Yann LeCun says we’ve been programmed to fear AI by science fiction and that while it will surpass human intelligence,...
Bank of China Hong Kong explores smart contracts for CBDC payments in new pilot
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25 October, 2023

Bank of China Hong Kong explores smart contracts for CBDC payments in new pilot

BOCHK's pilot explores e-HKD smart contracts for prepaid services, linking point-of-sale functionality and promoting CBDC adoption.
Australia pilots offline CBDC, but challenges hinder real-world deployment
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25 October, 2023

Australia pilots offline CBDC, but challenges hinder real-world deployment

Australia's central bank digital currency pilot achieves offline payments, but mass adoption faces hurdles due to card reluctance in emergencies.
Canada’s central bank explores DeFi, highlighting technical and regulatory hurdles
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24 October, 2023

Canada’s central bank explores DeFi, highlighting technical and regulatory hurdles

Bank of Canada highlighted several flaws associated with DeFi use, including limited tokenization, unregulated centralized entities, and increased interconnectedness in...
Pension funds on AI? New report suggests potential increased returns for investors
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24 October, 2023

Pension funds on AI? New report suggests potential increased returns for investors

Mercer CFA Institute report explores artificial intelligence's role in pension fund efficiency, risk management, and workforce impact.
‘AI needs a blockchain’: nChain’s Giovanni Franzese shares insights on blockchain synergy
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24 October, 2023

‘AI needs a blockchain’: nChain’s Giovanni Franzese shares insights on blockchain synergy

In a CoinGeek Backstage interview at IEEE COINS Conference 2023, nChain's Giovanni Franzese stressed the vital role of blockchain in...