DeepSquare: A beacon for decentralised high-performance cloud computing

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At a recent event, Diarmuid Daltún and Florin Dzeladini, the respective Co-Founder and Blockchain Lead at DeepSquare spoke to Blockleaders.io. As a sustainable, decentralised cloud ecosystem, DeepSquare is on a mission to enable high-performance computing centred around a blockchain protocol, it reports. Alongside high-performance computing, DeepSquare is a non-profit organisation that has a strong focus […]

Decentralised solutions for climate change are key as COP disappoints

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Climate change has become one of the most pressing issues in the modern world with mounting pressure on companies to develop and implement climate strategies. Politicians around the globe have also been actively involved, with several nations pledging to go carbon-neutral in the next couple of decades, reports Cointelegraph. Amid all the initiatives and conferences […]

Algorand to support bank and insurance guarantees platform in Italy

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Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy’s banking and insurance markets, reports Cointelegraph. The Algorand-supported platform is expected to launch in early 2023. According to Algorand’s announcement, this is the first time a European Union member state will use […]

Report outlines reasons why stakeholders are against CBDC

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The American Banking Banking Association highlighted that a CBDC issued by the US Federal Reserve lacks “compelling use cases,” reports Cointelegraph. While some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarised why a number of private stakeholders are against the idea of a CBDC. The […]

Avalanche to power Alibaba Cloud’s infrastructure services in Asia

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Alibaba Cloud, or Aliyun, a subset of Chinese e-commerce giant Alibaba, has announced an integration with Avalanche blockchain to power the company’s Node-as-a-Service initiatives, reports Cointelegraph. Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche’s public blockchain platform in Asia. The integration will allow […]

Minister Donohoe gets second term as Eurogroup president

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Paschal Donohoe, the current Minister for Finance, has been re-elected for a second term as the president of the Eurogroup of Finance Ministers. In a unanimous vote at a meeting of the Eurogroup, Minister Donohoe was elected after no other candidate declared. “I am enormously privileged that my colleagues have entrusted me with a second […]