Blockchain Technology

• 

  Malaysian Anti-Corruption Commission Turns to Blockchain, AI to Curb Sophisticated Crimes

  Azam Baki, MACC chief commissioner, stated that AI and blockchain can help detect criminals involved in sophisticated corruption. The agency's intelligence unit has integrated these technologies into forensic and financial analysis to enhance threat detection.

• 

  UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services

  Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.

• 

  Intelligence Analysis Firm i2 Group Partners Chainalysis to Upgrade Software With Blockchain Technology

  i2 Group has partnered with blockchain data firm Chainalysis to integrate blockchain to its link analysis platform, named Analyst’s Notebook. Chainalysis said this will allow cybersecurity experts using the Analyst’s Notebook to gather detailed insights on suspicious crypto-related activities.

• 

  Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus Currency 

  BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...

• 

  Jio Platforms Partners Polygon Labs to Bring Web3 Capabilities to Existing Apps, Services

  With Polygon, Jio aims to explore the possibilities of Web3 and offer an enhanced digital experience to the users, Kiran Thomas, the CEO of JPL has said in an official statement that confirms the development.  

• 

  Dubai Developer Damac signs $1 Billion Deal with Blockchain Platform Mantra

  Mantra and Damac have signed a deal to tokenise assets in the Middle East. This means that Damac assets will be made available early this year on the Mantra chain.

• 

  Hong Kong Announces Supervisory Incubator to Help Banks Safely Test Blockchain Technology

  The newly formed Supervisory Incubator will focus on helping banks load-up on risk management capabilities around deposits and loan services. The practice of tokenised deposits will be the core area of focus for the incubator.  

• 

  How Blockchain Fragmentation Can Limit the Compatibility and Scalability of Decentralised Technology

  Blockchain fragmentation refers to a situation where the ecosystem of a blockchain is divided into multiple smaller on-chain networks, each designed to facilitate a different task efficiently.

• 

  South Korea's Jeju Island Said to Use NFT-Backed Visitor Cards to Attract Younger Tourists

  Jeju Island authorities reportedly plan to boost tourism by integrating NFT technology into their strategy. A report stated that, starting in 2025, the island would introduce digital visitor cards backed by NFTs that could offer holders exclusive benefits.

• 

  CSharpCorner Launches Blockchain Initiative to Connect Software Professionals With Recruiters: Details

  CSharpCorner has launched a blockchain-based Certification Programme, enabling developers to upskill in advanced technologies and secure permanently verified credentials. This initiative highlights the practical applications of blockchain technology.

• 

  Tether Backs Arcanum Capital’s Web3 Fund With $2 Million Investment 

  Tether has poured in $2 million (roughly Rs. 17 crore) into Arcanum Capital’s Emerging Technologies Fund II. Arcanum is a Web3-focussed asset management company that provides funding to emerging projects related to blockchain, cryptocurrency, and other Web3 sectors.

• 

  Web3 Stakeholders Share Focus Points for 2025 as 2024 Wraps-Up

  As 2025 approaches, the Web3 industry eagerly anticipates greater regulatory clarity for the sector. Industry leaders are placing significant bets on the expansion of asset tokenisation and forecasting a closer integration of Web3 technologies with Artificial Intelligence (AI).

• 

  India’s Need for Pro-Crypto Banking, Roadmap for Base: Interview with Coinbase’s Jessse Pollak

  Jesse Pollak, a senior Coinbase official, praises Indian developers in the crypto, DeFi, and blockchain space, calling them highly 'sophisticated' in their understanding and innovation within distributed ledger technology (DLT).

• 

  Vishvasya Blockchain Stack Being Used to Verify Apps, Property Transactions: MoS IT 

  Jitin Prasada, the minister of state (MoS) for electronics and information technology (MeitY) has told the Rajya Sabha that states like Jharkhand and Karnataka were using the Vishvasya blockchain stack. Verification of property transactions and the origin of mobile apps are among areas where the stack is being used. 

• 

  Bharat Web3 Association Announces New ‘ABCD’ Initiative Focussed on Web3 Security 

  BWA announced the launch of the Alliance for Blockchain and Crypto Defence (ABCD) on Monday. As part of the initiative, BWA will put together resources and programmes around newer technologies and methods that can help safeguard the Web3 landscape against hackers and vulnerabilities.