AIA Chain, Turkey’s first Layer 1 blockchain, successfully participated in Taipei Blockchain Week 2024. The event showcased AIA Chain’s high transaction speed, EVM compatibility, and commitment to regulatory compliance. The company engaged with the Asian blockchain community, forging partnerships and highlighting its plans for integrating AI and scaling Web3 applications. The overwhelmingly positive response positions AIA Chain for significant growth in the Asian market.
A study suggests Bitcoin needs a costly and time-consuming update to protect against quantum computing threats. The update could take 76-305 days and cost up to $912 million, potentially impacting market confidence. While some experts consider the threat distant, the potential for disruption underscores the need for proactive security measures in the cryptocurrency space.
The Global Blockchain Show returns to Dubai on December 12-13, 2024, bringing together over 3,000 Web3 founders, 100+ speakers, and leading figures in blockchain and AI. The event will explore key themes like digital currency, Web3 security, and the integration of blockchain and AI, showcasing the latest innovations and opportunities in the rapidly evolving decentralized technology landscape.
Silicon Valley investor Balaji Srinivasan predicts a convergence in prestige between AI and cryptocurrencies. He argues that AI’s initial high prestige is diminishing due to its capacity for fakery, while crypto’s authenticity is rising. This is occurring as AI-generated deepfakes become more common and blockchain technology is used to verify the authenticity of various assets. Srinivasan’s view highlights a potential shift in how we perceive and value both technologies.
ENOC Group has partnered with Loyyal to enhance its ‘YES’ rewards program. This partnership integrates Loyyal’s Access Point self-service platform, enabling members to seamlessly earn and redeem points across a vast network of merchants powered by blockchain technology. With over 500 businesses in Loyyal’s partner network, ‘YES’ members will enjoy unparalleled flexibility and convenience. This move underscores ENOC Group’s commitment to providing value-added incentives and collaborating with innovative partners to improve customer experiences.
