Blockchain technology has been damned as nothing but hype and devoid of any meaningful use case at a select committee meeting in Westminster, reports Yahoo Finance. UK MPs met in Portcullis House near the Houses of Parliament and questioned various experts on the utility of blockchain technology. The policymakers demanded examples of blockchain’s effectiveness in […]
KPMG has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era, reports Cointelegraph. The firm is entering the metaverse with a new collaboration hub that will connect employees, clients and others with Web3. The company is making a collective $30 million (€28.6 […]
Blockchain has only been around since 2008, so one can be forgiven for not understanding what it is or what it can do. But having been developed to solve a single problem, that of transferring cryptocurrencies, its use across the financial services industry, and beyond, has grown exponentially as its true potential became apparent, reports […]
Speaking at The Next Web (TNW) Conference in Amsterdam, Tim Berners-Lee was asked “does he align himself with Web3’s promise of salvation” for Web2.0. His answer was an unequivocal “Nope”, reports TNW. Berners-Lee has his own vision for a decentralised architecture that gives users control of their data, on a platform he calls Solid, but […]
Distributed ledger technology (DLT) and blockchains, including Bitcoin and Ethereum, may be more vulnerable to centralisation risks than initially thought, according to a report from Trail of Bits. Cointelegraph reports that the a new report from the security firm titled “Are Blockchains Decentralized?”, which was commissioned by the US Defence Advanced Research Projects Agency (DARPA), […]
In a new annual economic report from the Bank of International Settlements (BIS), it was revealed that approximately 90% of central banks worldwide are investigating the feasibility of adopting central bank digital currencies, or CBDCs. The BIS report, reports Cointelegraph, highlighted the ability of current sovereign fiat money to provide (relative) price stability and public […]
The Economic and Social Research Institute Blockchain Skills Conference in June of 2022 took place online as part of the community events in Blockchain Ireland Week. The focus of the conference was to analyse the demand and supply of Blockchain and Distributed Ledger Technology (DLT) skills. It provided an examination of the current blockchain labour […]
Wrapping up a remarkable week, Blockchain Ireland Week 2022 captured a party atmosphere at its social evening in Dublin’s Café en Seine. The evening began with an address from Minister of State for Trade Promotion, Digital and Company Regulation, Robert Troy TD. The minister acknowledged the work of Blockchain Ireland, and that of community at […]