The Central Bank of Nigeria (CBN)’s director of monetary policy, Hassan Mahmud, has suggested that the institution is not worried about the naira’s valuation but is instead interested in “boosting dollar supply on the currency market.” Naira Depreciation According to a report, Mahmud’s remarks were made just a day after the local currency touched a […]
submitted by /u/anim_440 [link] [comments]
I have been researching on this area and would like some info. If you can paste some links for reference, that would be great too! Also need answer to "Are companies allowed to show cryptocurrency assets on their balance sheet in Finland as per the law?" submitted by /u/veganbuttercups [link] [comments]
submitted by /u/DevMrDave [link] [comments]
In March of 2021, Elon Musk wiped out $300 billion in Bitcoin’s value with a single tweet. In short, his message was that for environmental reasons, Tesla will no longer accept bitcoin as payment. He went further than just a tweet, and in May, Tesla announced it would no longer accept Bitcoin as payment. Elon is not alone, as many have expressed concerns over the amount of energy required to mine Bitcoin and several other leading cryptocurrencies, such as Ethereum, which facilitates 4,000+ DApps on its platform. However, Australian start-up zkTube Labs is here to change the impact mining has on the environment and, in the process, solve some of Ethereum’s congestion and high gas fee problems without compromising security. Melbourne-based zkTube is ready for its official Mainnet launch on September 10th, and for the crypto mining and overall Blockchain community, their solutions cannot come fast enough. The initial concept for the zkTube Protocol prototype originated in 2018 when Ethereum founder Vitalik Buterin proposed a mining solution for anti-ASIC (Application-Specific Integrated Circuit). At the time, Lance Zhang, founder of zkTube, had participated in the “Ethereum Scalability and New Ideas Exploration of POS Mining” and came up with the innovative concept of a Layer 2 solution for crypto mining. However, it wasn’t until October 2020 that Zhang and the founding team officially started searching for solutions to Ethereum’s growing congestion and escalating gas fees. Aside from the obvious negative effects of these delays and costs there was an additional, and arguably, more important problem: the impact that mining for Ethereum is having on the environment. This last issue is not negligible as studies, such as the one published by the University of Cambridge in February of 2021, have indicated that mining from cryptocurrencies burns the equivalent electricity needed to power countries the size of Argentina and Norway. For the zkTube Labs team, it was clear that there had to be a better way to mine for cryptocurrencies. The result is their Layer 2 Zero-Knowledge platform and accompanying wallet, PayTube. In the words of Daniel Puzny, zkTube’s CEO, “zkTube is a world-first Layer 2 mining protocol that adopts Zero-Knowledge proof, which enhances scalability and transaction throughput, lowers gas fees, and improves privacy for Ethereum, all whilst significantly reducing energy consumption”. While the technology and backend of zkTube might be complicated, the end result is not: zkTube has created a platform that allows users to mine for cryptocurrencies, or perform any of the typical blockchain transactions, for a fraction of the price and at much higher speeds. In fact, zkTube is over 200 times faster than Ethereum. Additionally, the Zero-knowledge technology allows one party (the prover) to confirm to another (the verifier) that something exists or is correct, like a password or an amount, without having to reveal what that something is. The essence of Zero-Knowledge proofs is that it is trivial to prove that one possesses knowledge of certain information by simply revealing it. Given this technological breakthrough, it is no surprise that zkTube has had no shortage of interest from investors. In April 2021, the project raised $1.1 million in its seed round. Just two months later, in June, the zkTube team raised an additional $4 million, and in August, another $2 million. Well funded and with their technology optimized, zkTube Mainnet is ready for launch on September 10th, 2021. “Aside from zkTube’s low-cost, low environmental impact, and high-speed mining solution, the launch of the PayTube wallet is incredibly exciting. The wallet will be first of its kind, and the added layer of discretion achieved using Zero-Knowledge technology, could not be more timely given the all-too-common stories of NFT platforms and wallets getting hacked nowadays”, said Raul Heraud, zkTube’s COO. Given the additional encryption of the PayTube wallet, zkTube is well-positioned to become a leader in the NFT world. In fact, the group is already in talks with some of the largest players in the GameFi sector. The zkTube community is strong. Despite the Mainnet not being launched yet, zkTube community has over 200,000 members. The Mining test network has been online for about a month and already has over 135,000 nodes in 81 countries performing 11,000 transactions on a weekly basis. It is clear that early adopters see the value in zkTube’s solutions and want to be part of what is expected to be the first Layer 2 unicorn. zkTube is based in Melbourne, and it is over 50-people strong, with more than 30 technical engineers and consultants in the field of cryptography. Together, they make up zkTube Labs and PayTube Explore, along with a leadership team that looks after both business units and explores new ideas. Senior management comes from International Blockchain Labs, a well-known Australian fintech company, and world-renowned universities including Deakin University, The Wharton School, and MIT Sloan. Their previous work experience is varied and just as impressive, including big names like JP Morgan, Merrill Lynch, Bain & Co., and NGS Crypto, Australia’s largest blockchain mining company. The zkTube team is not stopping with these innovative solutions, as plans for new products, partnerships, and even acquisitions are in the books for the following twelve months. In the not-so-distant future, the group has the ambitious goal of listing on NASDAQ. For now, the focus will be on growing zkTube’s operations in Dubai and Canada, where they already have strong alliances and are in the process of co-building the country’s first official mining pool. Given the results to date, there is little doubt that zkTube will achieve its projected milestones and, likely, even more. About zkTube Website: zktube.io Twitter: https://twitter.com/zktubeofficial Medium: https://zktube.medium.com/ Reddit: https://www.reddit.com/r/zkTube_Official/ Facebook: https://www.facebook.com/zkTube.official/ Telegram: https://t.me/zkTubeProtocol Discord: https://discord.com/invite/xtVdMCr54q Gitter: https://gitter.im/zkTube-Labs/community YouTube: https://www.youtube.com/channel/UCrEy7BBc9SbwpQ-a0Ix1oFw
In the highly competitive marketing industry, predicting trends and being one step ahead of your competition can be the key difference-maker in a campaign’s potential success. Many tried-and-tested campaign archetypes still exist and have been used by leading brands worldwide to market their products. However, trends are changing quickly in modern times, and predicting them is becoming increasingly challenging as consumer preferences change alongside swings in brand sentiment. Due to this ever-evolving change in marketing trends, many marketers seek a new approach through data-driven insights that use AI to predict the most optimal strategies for campaign success. Whilst past “proven” marketing strategies have proven to be successful, they can often fail to capture the full breadth of a potential market. The advent of AI-Driven MarTech (Marketing Technology) is now becoming increasingly popular due to its ability to predict emerging trends and address the issues traditional marketing tools face. By using a vast number of data points and aggregated data, AI-driven solutions such as Ojamu can give marketers an instant edge over the competition. Using AI to make more accurate predictions The Ojamu platform utilizes the innovation of AI alongside Blockchain technology to extract the most valuable insights from consumer data and create specific, targeted marketing campaigns tailored to what is needed for a brand’s strategy to succeed. Its market-leading solution is The Ojamu Intelligent Platform (OIP), an advanced range of toolsets that leverages AI-driven intelligence, real-time data and insights and the full breadth of Blockchain technologies to deliver high converting strategies for brands. Ojamu uses a Neural Predictive Engine to provide the insights and power behind its prediction models. The AI-based engine works by analyzing the available collated data and then applies a series of novel prediction algorithms using proprietary AI toolsets to predict prominent and emerging trends. Key data points that are used include the product type, distribution channels, prospective audiences and the type of content. This data is merged into a “roadmap” format in the form of an NFT that predicts the most optimal strategies for any chosen campaign type across any industry vertical. Using this broad spectrum of data combined with the data available through open markets and consumer data means that the AI can predict the most accurate, specifically tailored campaigns with the highest probability of success. Using AI-based toolsets vastly improves your marketing performance and provides far greater accuracy than previous methods. Additionally, Ojamu’s Blockchain technologies allow the solution to analyze and dissect large quantities of data and convert it into a concise, high-level strategy for any campaign. The Blockchain and AI toolsets work synchronously to discover the data points that will excel in your chosen strategy and output predictions based on the likely success of the campaign. Leveraging NFT technology Ojamu leverages the emergence of NFT technology throughout their solution to provide brands with access to Ojamu’s array of proprietary AI toolsets. The NFTs act as an “access pass” that grants users access to the Ojamu platform and serves as the delivery method for the AI-driven predictions. The access pass provides consumers with a gateway to previously unexplored vertical data points and further insights into upcoming trends and the predictive success rates of a specific campaign. NFTs bring an inherent uniqueness to marketing campaigns as they are used to “unlock” the gated data provided by the predictions, meaning they can only be minted and created once. This method enables Ojamu to provide unique, bespoke predictions for marketers that outline the most promising, successful strategies. Being one of the first platforms to combine Blockchains, NFTs and AI, Ojamu is now firmly placed at the forefront of marketing innovation. The intelligent application of the trio means the solution can provide better predictions and greatly enhance the success of global marketers, all through the advent and predictive power of AI-driven data insights. Ojamu leverages the power of Blockchain, AI, and NFTs to elevate and streamline your marketing, media, and influencer campaigns.
With the current NFT craze going on, a lot of artists are trying their luck by selling their works as NFT. I’m an aspiring filmmaker and a crypto fan so I can’t help but wonder if there’s an opportunity for us in the NFT world? So far I’ve heard of Anthony Hopkins’ new film’s gonna…
Read more
submitted by /u/Fenix2020_21 [link] [comments]
Ukraine is hoping its new digital asset regulations will attract foreign crypto exchanges to set up shop in the Eastern European nation.
Hey, I dont know if it is just me, but even tho people here seem to not like telling about them being involved in crypto, I just tell everyone. I dont tell them how much, but I talk with them and educate them in a bit. But… some of my friends just seem to not…
Read more
