Are bitcoin and blockchain considered practical technologies, or are they more based in fantasy? Recently, a group of analysts sat around and discussed the matter to see whether blockchain and the crypto aboard it have legitimate futures in the United States and other developed countries. What Will Happen with Blockchain? Up until this point, there have been discussions about blockchain and how it could potentially serve purposes in other industries that have...
Read More »Itoka Wants to Use Blockchain to Register All AI-Based Jingles
Itoka is a new platform that’s working to ensure all AI-generated music can be licensed and registered via the blockchain. Itoka Uses Blockchain to Register AI Songs AI-generated tunes are becoming more and more common. Who would have thought that a time would arrive when someone could literally create whatever notes they want without singing, playing an instrument, or knowing how to read music? We’ve come so far that we’re practically reaching a day and age where...
Read More »a16z Lands $43 Million for New Blockchain Firm Gensyn
Earlier today, we put out a news story talking about a16z. The venture capital firm has lots of big blockchain-related plans including opening a new crypto school aimed at garnering funds for blockchain startups, setting up a new office in London, and continuing its funding of blockchain businesses. a16z Helps Gensyn Move Forward This new article has to do with the latter, as recently, a $43 million funding round was secured by a16z for a new blockchain company...
Read More »a16z Releases Plans for New Blockchain Startups and Divisions
Venture capital firm Andreessen Horowitz (a16z) said it’s opening its first international space in London and it’s also starting what it’s calling the Crypto Startup School, an accelerator program designed to help digital currency startups garner the funds and resources they need to stay afloat. The company also said it wants to expand its present blockchain program. a16z to Open New London Office a16z is closely working with universities throughout the London...
Read More »Coinbase Head David Duong Says Blockchain Can Fix Up AI
David Duong – head of research at Coinbase – says in a new report that blockchain could potentially aid in the many problems already coming about in the artificial intelligence (AI) arena. David Duong on Blockchain and AI In the report, Duong said: As applications within AI and blockchain mature, the disruptions these technologies represent may lead to areas of collaboration and the emergence of new use cases for crypto to help address specific societal challenges...
Read More »Blockchain Company Nansen Engages in Massive Layoffs
Nansen – a blockchain data firm based in Singapore – has laid off about 50 people at the time of writing, suggesting the crypto winter is not fully over. Nansen Says Goodbye to Many Employees 2022 was marred by news of many large crypto firms and companies laying off employees. Big names like Gemini in New York and Coinbase joined the ranks, with the latter initially putting off plans to triple its workforce. Originally, Coinbase had the goal to become bigger than...
Read More »Louis and Arlene Byrd Create Their Own Real Estate Blockchain Firm
Louis and Arlene Byrd are a married couple that bought a home a few years back. The trouble was that their purchase didn’t satisfy them. This led them to create their own real estate company on the blockchain. Louis and Arlene Byrd Establish Blockchain Real Estate Firm Known as Kataba, the company came about after the couple said their home was too “racially segregated.” They dealt with several bad contractors and other issues that caused them to sell the property...
Read More »Why Do So Many Blockchain Firms Fail? Analysts Weigh In
While blockchain has become a huge arena over the past few years, there are several blockchain companies that don’t seem to last that long. This has not helped the industry reach mainstream status. Blockchain Companies Are too Much in Fantasy Land Will Cong – faculty director of fintech at Cornell University – says the problem lies with the tokenomics of these many blockchain companies. Many of them don’t have their priorities straight. They don’t have necessary...
Read More »Blockchain Capital Plunks Money into Eyeball-Scanning Technology
Blockchain Capital – a funding company that’s made a name for itself giving several new blockchain startups life – is betting big on a new eyeball-scanning orb. Blockchain Capital Invests in Some Questionable Tech The firm has funded all kinds of crypto companies from Coinbase and Kraken to NFT marketplace Open Sea. In an interview, general partner Spencer Bogart talked about how much of the company investors currently own. He said: It’s not a figure I have in...
Read More »Mathew McDermott: Blockchain Is an Unrivaled Technology
Mathew McDermott – a managing director of Goldman Sachs, one of the biggest financial companies in the world – says he thinks blockchain technology is well on its way to creating a sound new financial system that will never be rivaled or overshadowed. Mathew McDermott on the Future of Blockchain In a recent interview, McDermott explained his thoughts and feelings towards blockchain and how Goldman plans to integrate the technology into its systems in the coming...
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