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Analyst Predicts Double-Digit Dogecoin Rally, Sets Targets for Top Performer Altcoin Thats Up 70% in a Month – The Daily Hodl

A widely followed crypto trader is predicting that Dogecoin (DOGE) has more room to run as he updates his outlook on one red-hot altcoin.

Pseudonymous trader Altcoin Sherpa tells his 196,300 Twitter followers that Dogecoin will likely increase by about 20% in the near term from its current value of $0.077.

DOGE: One of the few alts that looks pretty strong overall. I dont know which levels will be significant to the left, wouldnt be surprised to see this continue grinding as high as $0.09 in the short term.

Sherpa says that he is closely watching Dogecoin for a buying opportunity and that the next clear support/resistance level (S/R) to the downside is the 200-day exponential moving average (EMA) at $0.075.

DOGE: Looking for $0.075 as an entry is something Im eyeing. 200-day EMA and an S/R level.

Also on the traders radar is Maker (MKR), decentralized finance (DeFi) protocol that uses smart contracts to power stablecoin-based loans. He is keeping an eye on four key price levels where he believes the token will chop around for a while: $1,299 $1,150, $963 and $819.

MKR: This one underperformed everything but is one of the strongest coins the last several weeks. I keep saying Ill buy a dip but havent, this one is a top performer.

Maker is trading for $1,141 at time of writing, up from a low of $676 on June 28th, a 69% increase.

The trader also weighs in on Bitcoin (BTC).

He says the king cryptos price action is retesting the 200-day exponential moving average (EMA). If Bitcoin breaks the 200-day EMA, the trader predicts a rally to the $30,400 level. If it is rejected, the trader predicts Bitcoin will collapse to $27,800.

BTC: decision time soon wouldnt be buying here personally, would rather wait for a reclaim of the range low first. Not feeling comfortable until we see BTC over $30,000.

Bitcoin is trading for $29,225 at time of writing, down 0.9% during the last 24 hours.

Lastly, the trader says thatblockchain oracle Chainlink (LINK) is liking going to revisit the lower end of its enduring price range with an upper bound of $9.33 and a lower bound of $5.33. He predicts a dip from its current level of $7.98 to at least $6.50.

LINK: This one hasnt budged much, to be honest. Would still just be patient on it and bid $6.50 or lower. Actually, not a bad spot to bid here either, its the EQ of the range. Depends on your strategy.

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Analyst Predicts Double-Digit Dogecoin Rally, Sets Targets for Top Performer Altcoin Thats Up 70% in a Month - The Daily Hodl

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Top Venture Capital Firm Reveals Its Number One Altcoin Pick for This Bull Cycle, Says Nows the Time to Get Involved – The Daily Hodl

A prominent venture capital firm is revealing which altcoin its focusing on during the next bull cycle, saying that the time has come for it to position itself.

In a new interview on the Unchained Podcast, Chris Burniske, partner at Placeholder VC, tells host Laura Shin that much like they did with Ethereum (ETH) in 2018-2019, they are now focusing on accumulating and supporting Solana (SOL).

According to Burniske, investors critical of SOL due to last years FTX debacle can now be glad that many questionable projects built on top of Solana have been purged from its ecosystem.

We [invested in] Ethereum in 2018-19, and it worked out for us, and were doing the same thing with SOL in this bear market. Centralization was a point of focus for us, weve been in crypto for a long time, we want the benefits of these systems to be maximally distributed and I think our view is [that] last year was a majorly redistributing event for Solana.

If you hated Solana because of FTX or because of Sam [Bankman-Fried] or because of some of the low-float shenanigans, which I agree were deplorable, around some of the tokens launched on top of Solana, then you should be happy that those things got washed out, or that those predatory tokens are basically now irrelevant or down 99.9 %.

Burniske, a former ARK Invest analyst, says that even though the firm blossomed from investing in Bitcoin (BTC) and ETH, its now looking to support other ecosystems growth, including Solana, which he says has merit as a blockchain, both for users and developers.

Id say we grew up, we cut our teeth on Bitcoin and crypto, and we grew up with Ethereum. I would say that Ethereum [is] still has a very core place in our beings, but we also want to help support other ecosystems of merit that have differentiated approaches that we see as appealing to differentiated developers that will build products that bring in different types of users, and so to us, Solana has merit in that regard.

Solana is trading for $24.90 at time of writing, a 7.2% increase during the last 24 hours.

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Top Venture Capital Firm Reveals Its Number One Altcoin Pick for This Bull Cycle, Says Nows the Time to Get Involved - The Daily Hodl

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I Want To Buy My Groceries With Crypto So What’s Stopping Me? – Entrepreneur

Opinions expressed by Entrepreneur contributors are their own.

Now that the metaverse has mostly come and gone, it looks like the key pillars of Web3 are recalibrating back to reality. Even Vision Pro, Apple's virtual reality proposition, is a lot more about answering emails or watching films than living full-time in a neon cyberpunk wonderland.

Crypto, Web3's most important tenet, is also seeing some use cases come back down to Earth. And while this course correction to nearly mundane functionality is overdue, we've seen few tangible ways to make that happen. Many crypto projects set lofty and unattainable goals to transform the financial industry completely. But harsh regulatory conditions, shaky market climates and no shortage of scandals illustrate why that probably isn't going to happen.

That being said, if crypto can't be a worthy adversary to the world of traditional finance (TradFi), it certainly could be complementary. What's preventing that from happening?

If you ask this question to most crypto enthusiasts, you're likely to hear a tirade about regulatory persecution, the evils of the SEC, and a million other external factors preventing crypto from reaching its full potential. In some cases, they're right. But it's easy to thrust the blame onto regulators or "bad actors" in the industry for putting crypto into an unsavory position and it's not entirely accurate.

Related: Bitcoin as Currency Triggers Our Fear of Missing Out. Can It Be Fixed?

Of course, regulation and legislative misunderstandings are major obstacles that are slow to overcome due to the red tape involved with setting fair and comprehensive rules in crypto. And if crypto is to exist as a functional tool and currency in the real world, as significant industry outsiders say it will, you can't really get around regulation to prevent exploitation and full-fledged industry meltdowns.

If regulators do have a general distaste toward crypto, they can't entirely be blamed for it based on the number of scandals the industry has faced in this past year alone. If anything, it's more about companies not being able to get their act together rather than governments completely writing off crypto as a concept. But that's still not the only factor.

Across the crypto and blockchain sectors, projects tend to latch onto one specific application, trend, or use case and never ease their grip on it until it's too late. Even if it might not be the best thing for the project or the industry, it's difficult to deviate from the rest of the crowd in a sector where everyone is still trying to figure out what clicks.

This isn't an anomaly either we've seen it happen with centralized exchanges, NFTs and depending on who you ask, smart contracts.

As much as crypto companies now preach against the doctrine of FOMO (fear of missing out), there is an unmistakable undercurrent of it throughout new industry developments. When a new technology, especially one with a financial aspect inherently attached, does have so much potential, no one wants to get left behind. That's partly why we notice so much theorizing and abstract blockchain-AI integrations, despite most of them not making much practical sense.

There are, of course, many practical applications of AI in the blockchain and crypto. But when projects, or an entire industry, get attached to one thing, it's hard to put down the blinders and shift focus to other options. Instead of exploring concrete ways to boost functionality for the average person, projects shoot for the moon instead. And ultimately, when each company is trying to one-up the other in scope and adoption, you're bound to have function fall by the wayside.

A big roadblock towards crypto ubiquity and functionality stems from communication. Since many major crypto advancements develop in parallel, getting networks and currencies to communicate requires much more effort. Transferring cryptocurrencies often becomes more troublesome than needed and typically requires using relatively unsafe methods.

Smart contracts are a godsend for certain crypto functions. But they've proven time and again to be insecure and unreliable as they keep getting plagued by hacks. For someone looking to transact using crypto regularly, that creates a real risk to their security. Some projects have deviated from smart contracts too. Companies such as Kima, for instance, are developing protocols and settlement layers to facilitate crypto and fiat transfers without relying on them.

Kima's also eschewing smart contracts to help solve the convoluted mess of international crypto transfers, a facet that crypto should inherently be able to do to function as currency. Not that international transfers are so simple using fiat currency or TradFi methods, but I don't have to worry about committing international securities fraud for using PayPal.

Crypto's philosophy from the beginning was to remove intermediaries and bureaucratic stopgaps that prevent unrestricted financial activity. While certain factors are beyond the control of industry builders, there could certainly be a lot more effort put into finding creative solutions to the sector's inherent problems.

So what is stopping me from using crypto to buy groceries? Quite a few things at this point, and they're mainly interwoven. But reinforcing steady and tangible development into interoperability and streamlined everyday use can make crypto's future less daunting to reach.

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Ethereum Whale is Heading to This Altcoin Here’s Why – The VR Soldier

A remarkable paradigm shift is underway in the world of cryptocurrency. Ethereum investors, once bound to the confines of their digital haven, are now embarking on a captivating journey towards a new frontier VC Spectra (SPCT). But what beckons them towards this enigmatic horizon? Stay tuned to find out!

>>BUY SPCT TOKENS NOW<<

Ethereums (ETH) price skyrocketed by 6.2% in the past week, from $1,886 to $2,003. Analysts indicate Ethereums (ETH) upward momentum was sparked by the bullish rally of XRP, fueled by its legal win against the SEC.

Unfortunately, Ethereums (ETH) upward trajectory was short-lived, as increased volatility and price correction led to a drop below the crucial $2000 threshold. Ethereum (ETH) plunged further by 5.3% in the past 24 hours, from $1,941 to $1,838.

On the other hand, Ethereum (ETH) has partnered with various networks to broaden its capabilities. For instance, CLabs proposes shifting from an independent layer-1 blockchain to an Ethereum layer-2 solution for the Celo ecosystem. Experts say this transition would enable efficient liquidity sharing between Celo and Ethereum (ETH) blockchains.

As Ethereum (ETH) bolsters its ecosystem, analysts predict Ethereums (ETH) price can spike by 8.5% in the coming weeks, from $1,838 to $1,984.

Despite being a relatively new entrant in the market, VC Spectra (SPCT) has managed to attract significant investor interest. As a decentralized hedge fund, VC Spectra (SPCT) employs a meticulous selection process to identify promising investment opportunities within the blockchain space.

With its commitment to sustainability, VC Spectra (SPCT) harnesses AI to execute profitable trading decisions. The platform grants investors exclusive access to pre-ICOs and rewards them with buybacks and quarterly dividends tied to investment performance.

Moreover, VC Spectras native token (SPCT) is a BRC-20 standard token that facilitates asset management, exchange, and decentralized trading on the Spectra platform. SPCT leverages the Bitcoin blockchain and adopts a deflationary model, incorporating a burn mechanism that diminishes token circulation over time.

Stage 2 of VC Spectras (SPCT) public presale sees the token priced at $0.011, boasting a 37.5% climb from its initial $0.008 price. Early buyers can relish a remarkable 900% surge in value, while current investors can still enjoy a substantial 627% return on investment (ROI). Utilize the provided links to make the most of the presale and get a fantastic 25% bonus on any deposit you make.

Learn more about the VC Spectra presale here:

Presale: https://invest.vcspectra.io/login

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Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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Worldcoin Protocol Successfully Passes Security Audits by … – Cryptopolitan

Description

Worldcoin, a blockchain-based protocol, has recently undergone two separate security audits conducted by renowned audit firms Nethermind and Least Authority. The audits began in April 2023 and focused on various aspects of the Worldcoin protocol, including its cryptographic constructs, smart contracts, and resistance to potential attacks. The results of these audits have now been made Read more

Worldcoin, a blockchain-based protocol, has recently undergone two separate security audits conducted by renowned audit firms Nethermind and Least Authority. The audits began in April 2023 and focused on various aspects of the Worldcoin protocol, including its cryptographic constructs, smart contracts, and resistance to potential attacks. The results of these audits have now been made public, demonstrating Worldcoins commitment to transparency and security.

Worldcoins protocol, which includes both off-chain and on-chain components, is based on Semaphore from the Ethereum PSE group. The protocols implementation, including its use of cryptographic constructs and smart contracts, is documented in the Worldcoin whitepaper.

The audits covered a broad range of areas, including the correctness of the implementation, common and case-specific implementation errors, adversarial actions, secure key storage, and resistance to DDoS attacks. Other focus areas included potential vulnerabilities leading to adversarial actions, protection against malicious attacks, performance issues, data privacy, and inappropriate permissions.

Netherminds audit focused on the protocols smart contracts, which include the World ID contracts, the World ID state bridge, the World ID example airdrop contracts, the Worldcoin tokens (WLD) grants contracts, and the WLD ERC-20 token contract and its associated vesting wallet. Of the 26 items that surfaced during this security assessment, 92.6% (24) were identified as fixed after the verification stage, while one was mitigated and the remaining one was acknowledged.

Least Authority, on the other hand, concentrated on the protocols use of cryptography. This included the Semaphore protocol and the enhancements made to scale the protocol in a more gas-efficient manner. The team identified three issues and offered six suggestions, all of which have either been resolved or have planned resolutions. The Least Authority report stated, We found that the cryptographic component of the Worldcoin Protocol is generally well-designed and implemented.

In some cases, items identified were due to the protocols dependencies on Semaphore and Ethereum, such as elliptic curve precompile support or Poseidon hash function configuration.

Worldcoin first rose to prominence in 2021 when it announced that it would give away free tokens to any users who verify their humanness, which they could do by having their iris scanned by a device called an Orb. The project was co-founded by Sam Altman, the co-founder of AI developer OpenAI. At the time, Altman and other team members argued that AI bots would become an increasing problem on the internet if people didnt find a way to verify their humanness without giving up their privacy. According to the protocols documentation, The Orb produces a hash of the users iris scan but does not keep a copy of the iris scan.

Worldcoin initiated its public launch on July 25, after nearly two years of development and beta testing. But criticism of it erupted almost immediately. The United Kingdoms Information Commissioners Office (ICO) reportedly said the government body was deciding whether to investigate the project for violating the countrys data protection laws. French data protection agency CNIL also questioned Worldcoins legality. The crypto community was divided over the projects launch, with some participants seeing it as the start of a dystopian future where privacy would be eliminated. In contrast, others saw it as a necessary step towards protecting humans against malicious AIs.

Worldcoin aims to establish a proof of personhood that is decentralized, privacy-preserving, open-source, and accessible to everyone. The successful completion of these audits is a significant step towards achieving this goal, demonstrating the robustness and security of the Worldcoin protocol.

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How Can Blockchain Technology Streamline Decentralized Online … – Cryptopolitan

Description

Over the past two decades, online learning has experienced significant growth, with E-learning being the fastest-growing segment in the education industry, boasting an average annual growth rate of 20%. It is projected that by 2027, the global market for mobile learning will reach an estimated worth of $80.1 billion, with China expected to have a Read more

Over the past two decades, online learning has experienced significant growth, with E-learning being the fastest-growing segment in the education industry, boasting an average annual growth rate of 20%. It is projected that by 2027, the global market for mobile learning will reach an estimated worth of $80.1 billion, with China expected to have a market value of $18.8 billion by the same year. Japan and Canada also show promising potential for growth in decentralized online learning during the period between 2020 and 2027. The integration of blockchain technology in online education has been recognized for its potential to yield excellent results.

Online education, also known as distance education or virtual learning, is a web-based approach that enables quick learning and content distribution. Thanks to the advent of Web 3.0 and the internet as the platform, online instruction overcomes geographical, time, and academic limitations, providing students with top-notch learning opportunities anytime and anywhere. The combination of blockchain and online learning is powerful due to Web 3.0, as blockchain enables decentralized learning environments managed through consensus rather than a central authority.

The transition to online education was accelerated by factors like the COVID-19 pandemic, making online learning increasingly important, especially for students from low socioeconomic backgrounds who may face limitations in accessing in-person instruction or costly tutoring. Online education covers many areas, including early childhood education, occupational training, certification programs, personal skill development, and language education. Massive open online courses (MOOCs) have gained popularity, with prominent providers like Coursera, Udacity, and edX offering courses since 2012.

However, the current models and frameworks for online education have some flaws, such as student privacy concerns, intellectual property issues, and the lack of a standardized cross-platform course-sharing mechanism. Blockchain technology has the potential to address these issues, ensuring data security, enhancing accreditation and improving acceptance in the educational context. Initial applications of blockchain in education have been explored, with notable examples like the MIT Media Labs digital learning certificate system and Sony Global Educations blockchain technology infrastructure platform, which enables secure sharing of learning courses and data.

Online learning has experienced exponential growth over the past decade, offering unprecedented access to education and training opportunities for learners worldwide. However, despite its numerous benefits, the digital learning landscape faces several critical challenges that hinder its full potential. These challenges underscore the need for innovative solutions, and blockchain technology emerges as a promising contender to address these issues.

Credential Verification and Fraud:

Verifying academic credentials in the online realm can be a cumbersome and time-consuming process. Educational institutions and employers often face challenges in confirming the authenticity and accuracy of academic records, leading to delays in admissions and recruitment processes.

The rise of diploma mills and unaccredited institutions poses a significant risk to online learners. These illegitimate entities offer degrees and certificates without adhering to recognized educational standards, undermining the value of legitimate credentials and deceiving learners.

Data Security and Privacy Concerns:

Online learning platforms hold a vast amount of sensitive data, including personal information and academic records. Without robust security measures, these platforms become vulnerable to data breaches and cyberattacks, compromising the privacy and confidentiality of learners information.

Many online learning platforms rely on centralized databases, where all data is stored in a single location. Such centralization increases the risk of data loss and unauthorized access, making exploring more secure and decentralized alternatives essential.

Interoperability and Record Portability:

The online learning ecosystem comprises many platforms and institutions with systems for recording and managing student data. This fragmentation makes it challenging for learners to transfer their academic records seamlessly between institutions.

The absence of standardized protocols for data exchange and record sharing contributes to inefficiencies and data incompatibility, impeding the development of a cohesive and interconnected educational ecosystem.

Learner Ownership and Control:

Traditionally, educational institutions retain ownership of academic credentials, leaving learners with limited control over their records. This lack of ownership restricts learners ability to showcase and use their achievements effectively.

Learners often face difficulty presenting their credentials to employers or other educational institutions in a secure and verifiable manner. This lack of portability hinders career mobility and lifelong learning opportunities.

Blockchain technology presents a unique opportunity to revolutionize online learning by addressing the current challenges and enhancing various aspects of the educational experience. Here are the key ways in which blockchain can bring transformation to the world of digital education:

Secure Credentialing and Verification:

Blockchain enables the issuance of cryptographically secured and tamper-proof digital certificates and diplomas. These blockchain-based credentials can be stored directly in a learners digital wallet, giving them complete ownership and control over their academic achievements.

By accessing the blockchain, educational institutions, and employers can verify the authenticity of a learners credentials in real-time. They eliminate the need for time-consuming manual verification processes, streamlining admissions, recruitment, and hiring procedures.

Decentralized Record Management:

With blockchains decentralized architecture, learner data is stored across a network of nodes, reducing the risk of single points of failure and unauthorized access. Learners can have greater confidence in the security and privacy of their personal information.

Each data entry on the blockchain is linked to the previous one through cryptographic hashes, making it virtually impossible to alter or delete records. This immutability ensures the integrity of academic papers and protects against fraudulent activities.

Interoperability and Portability:

Blockchain platforms can adopt open standards for data exchange, fostering interoperability among different educational systems. Learners can easily share their academic records between institutions, facilitating seamless transfers and credit recognition.

Blockchain-based learning passports can serve as comprehensive and portable records of a learners educational journey. These passports can accumulate achievements from various learning providers, including formal education institutions, online courses, workshops, and certifications.

Micro-Credentials and Continuous Learning:

Blockchain allows for the creation of micro-credentials, which represent specific skills or competencies. Learners can earn these digital badges for completing short courses or demonstrating expertise in niche areas, showcasing their diverse skill sets to potential employers.

Blockchain can support a lifelong learning record that tracks an individuals learning journey from early education to professional development. This comprehensive record reflects the continuous pursuit of knowledge and encourages a culture of lifelong learning.

Smart Contracts for Learning Contracts:

Educators can leverage smart contracts to design personalized learning paths for each learner based on their progress, interests, and goals. Smart contracts automatically adapt course content and assignments to meet the specific needs of individual learners.

Smart contracts can handle automated assessments and grading. They reduce the burden on educators and allow them to focus more on providing personalized feedback and support to learners.

Blockchains transformative potential in streamlining online learning extends beyond the technical aspects. It fosters a more learner-centric approach, where individuals have greater control over their educational journey and can present their achievements transparently and confidently to the world. As more educational institutions and platforms embrace blockchain technology, the future of online learning holds the promise of enhanced accessibility, efficiency, and empowerment for learners worldwide.

As blockchain technology gains recognition and momentum in the education sector, several notable case studies and successful implementations have demonstrated its transformative impact on online learning. These pioneering initiatives showcase the practical applications of blockchain in addressing specific challenges and streamlining various aspects of digital education.

Blockcerts and Maryville University:

Maryville University became an early adopter of blockchain technology in education by implementing Blockcerts, an open standard for issuing and verifying digital credentials on the blockchain. Using Blockcerts Wallet, students can securely store their diplomas and academic certificates on the blockchain. The tech empowers learners to independently manage and share their credentials with potential employers and other educational institutions, eliminating the need for cumbersome and time-consuming verification processes. The tamper-proof nature of blockchain ensures the authenticity and integrity of each credential, instilling trust and confidence in employers and academic institutions alike.

Education Blockchain Initiative (EBI):

The American Councils Education Blockchain Initiative (EBI) focuses on advancing blockchain for record sharing between educational institutions and employers. By shifting ownership of academic credentials from institutions to students through blockchain technology, the EBI aims to empower individuals with greater control over their digital identities. This student-centric approach supports lifelong learning opportunities, fosters economic mobility, and simplifies the process of credit transfers between institutions. The EBIs grant awards to organizations like Student1 and UnBlocked demonstrate its commitment to pioneering real-world solutions that streamline education through blockchain technology.

Holberton School and Holbex Blockchain:

Holberton School, a project-based coding school, embraced blockchain technology to enhance its tuition payment process. Through its partnership with Holbex Blockchain, a blockchain payment solution, Holberton School enabled students to pay their tuition fees using cryptocurrencies like Bitcoin and Ethereum. This integration streamlined the payment process and allowed students to use cutting-edge financial technologies. By offering alternative payment options, the school broadened its appeal to a diverse pool of learners, fostering a more inclusive and accessible educational environment.

IBMs Open Badges:

IBM, a global leader in technology, leveraged blockchain to revolutionize its open badges program. IBMs use of blockchain technology ensures the verifiability and security of digital badges issued to employees and learners. These badges represent various skills and achievements acquired through training and professional development. By implementing blockchain, IBM instilled greater trust in its digital credentials, making them universally recognizable and transferable. This initiative exemplifies the potential of blockchain in ensuring the integrity and value of micro-credentials within the corporate and educational sectors.

These case studies and successful implementations offer compelling evidence of blockchain revolutionizing online learning. By streamlining record keeping, securing credentials, fostering interoperability, and promoting learner ownership, blockchain technology is shaping the future of education, making it more efficient, accessible, and learner-centric.

While blockchain technology holds immense promise for revolutionizing online learning, it is essential to recognize that its implementation also comes with its fair share of challenges and limitations. As educational institutions and stakeholders explore the adoption of blockchain in the education sector, it is crucial to address these potential hurdles to ensure successful and sustainable integration.

Technical Complexity:

With its decentralized and distributed nature, blockchain technology can be intricate to implement and manage effectively. Educational institutions may face challenges in understanding the technical aspects of blockchain, including setting up and maintaining the necessary infrastructure, ensuring data security, and managing smart contracts. The need for specialized expertise in blockchain development and maintenance could be a barrier for some institutions, particularly smaller ones with limited resources.

Scalability:

As the volume of data within the education sector grows exponentially, scalability becomes a crucial concern. Blockchains inherent design, where every transaction is recorded in a block, can lead to increased storage requirements and reduced transaction speeds. This limitation might hinder the seamless handling of large-scale educational data, particularly in massive open online courses (MOOCs) and platforms with a vast user base.

Energy Consumption:

Blockchain networks often rely on consensus algorithms like Proof-of-Work (PoW), which can be energy-intensive. The substantial computational power required for PoW can lead to environmental concerns, especially considering the significant energy consumption of global blockchain networks. In pursuing sustainable practices, educators may seek alternative consensus mechanisms like Proof-of-Stake (PoS) or other energy-efficient models.

Data Privacy and Security:

While blockchain is immutable and transparent, the public nature of some blockchain networks raises concerns about data privacy. Educational institutions must be cautious when handling sensitive student information to ensure compliance with data protection regulations like the General Data Protection Regulation (GDPR). Additionally, while blockchain is secure against tampering, vulnerabilities in smart contracts or private keys could lead to unauthorized access or data breaches.

Standardization and Interoperability:

The education sector comprises a diverse range of institutions, each with its systems and platforms for data management. Achieving seamless interoperability and standardization across these various systems may prove challenging. For blockchain to realize its full potential in online learning, the collaboration between educational institutions, industry players, and regulatory bodies is essential to establish common standards and frameworks.

Initial Investment:

Integrating blockchain technology into existing educational systems requires significant initial investment in infrastructure, training, and development. For some institutions, the financial commitment and the perceived risks associated with early adoption may deter the exploration of blockchain solutions. Demonstrating the long-term benefits and return on investment will be crucial in gaining institutional buy-in.

Legal and Regulatory Frameworks:

The adoption of blockchain in education also brings forth legal and regulatory considerations. The validation of academic credentials, recognition of blockchain-based certifications, and compliance with regional and international laws require careful attention. Policymakers and educational authorities must work collaboratively to establish a supportive regulatory environment that fosters innovation while safeguarding students rights and academic integrity.

Despite these potential challenges, viewing them as opportunities for growth and improvement is essential. As the education sector continues to explore and experiment with blockchain technology, collaborative efforts, and a forward-looking approach will pave the way for transformative solutions that streamline online learning and enhance educational experiences for learners worldwide. Addressing these challenges head-on will be crucial in harnessing the full potential of blockchain to revolutionize education for generations to come.

Blockchain technology offers myriad solutions to long-standing challenges and paves the way for a more efficient, transparent, and learner-centric educational ecosystem. As we have explored in this article, the decentralized nature of blockchain empowers students with ownership of their academic credentials, allowing for seamless record sharing, enhanced security, and greater control over their educational journey.

The future outlook for blockchain in online learning is promising, and its implications extend far beyond the digital realm. Blockchains impact on education will rise to global recognition of credentials, collaborative research, and the promotion of lifelong learning.

Blockchain gives students control over their academic records, enabling them to share verified credentials with potential employers and educational institutions, enhancing lifelong learning opportunities.

Blockchain-driven platforms can offer personalized learning experiences, allowing students to access tailored content and micro-credentialing opportunities aligned with their unique learning goals.

Blockchain's tamper-proof nature makes it difficult to falsify academic records, reducing the risk of academic fraud and ensuring the authenticity of credentials.

Blockchain facilitates the recognition of credentials across borders, making it easier for international students to transfer credits and receive recognition for their qualifications.

Yes, blockchain-verified academic records can simplify the hiring process for employers, ensuring the accuracy and legitimacy of candidates' qualifications.

Blockchain facilitates secure record sharing between educational institutions and employers, ensuring seamless verification of credentials and promoting stronger partnerships.

Yes, blockchain can democratize access to education by providing verifiable credentials, making education more accessible to underserved communities and learners.

Blockchain can transform research publications by providing transparent and immutable records of academic work, enhancing the visibility and accountability of scholarly contributions.

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Why insurers must harness the powers of data – Tech Monitor

Insurers must approach the future as data enterprises if they are to address changing consumer expectations, meet regulatory requirements, compete with emerging challengers, and address new and emergent risks. Amid changing macroeconomic and geopolitical factors, more data is becoming readily available to insurance firms for analysis, improving capabilities to understand the risk landscape.

Insurance firms are realising cloud, combined with machine learning (ML) and AI platforms that provide the orchestration layer on top, is a force multiplier that modernises data and technology to unlock value across the operation.

Organisations are taking advantage of enhanced data capabilities to provide omnichannel customer experiences and deliver new products and services at ever faster speeds. Such technologies optimise the collection, storage and analysis of data to improve business processes, from fraud detection to underwriting and claims management. This culture of data-driven decision-making lends itself to delivering commercially competitive data-centric solutions.

I think everyone appreciates that digital transformation has multiple positive impacts on an insurer, says Sully McConnell, head of insurance at Snowflake. It transforms the customer experience, while also streamlining that experience, and helps to improve the cost of operations.

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Many organisations are assessing advanced modelling techniques and AI to drive dynamic data, and making it more accessible to deliver better value. That expansion of access is a critical aspect of this journey.

Becoming a data-driven organisation relies on having buy-in across the whole organisation, says John McCambridge, Dataikus global solutions director of financial services and insurance. An organisation with only some teams sharing data cannot unlock its full potential.

Cost optimisation is a primary driver for digital transformation, to automate processes, reduce paperwork, and eliminate manual errors. Cloud computing and software-as-a-service (SaaS) models also aid insurers to scale their operations efficiently and reduce infrastructure costs, while remaining adaptable to macro factors and shifting customer demands.

By harnessing these digital technologies, insurers can better assess, mitigate and manage risks. They can leverage remote sensors, internet of things (IoT) devices and real-time data to monitor assets. They can also provide proactive risk alerts and offer personalised risk management solutions to improve risk prevention and reduce losses while shaping better customer outcomes.

Insurers can provide self-service options that help to meet consumer expectations for better, personalised experiences. Firms are understanding that they must alter their business processes to accommodate changing behaviours and customer needs. They can leverage data analytics and digital platforms to gain deeper insights into customer behaviour and preferences to tailor their offerings and services accordingly.

One of the key ways insurers are incorporating third-party data is in underwriting, says McConnell. Whether its demographics about individuals or firm-o-graphics about commercial businesses, you can build extraordinarily broad customer profiles to get insights into potential future lost costs with data science models, so theres a key opportunity to bring that into the underwriting process, he continues.

AI and ML is furthering the development of advanced analytics through the vast volumes of data that is more readily available to teams. Firms driven by emerging technologies are better positioned to make informed business decisions with robust data and analytics, particularly in pricing, underwriting management and customer relations management.

Traditional actuarial work doesnt involve ML or AI at all, and its a key component of the industry. In time, more teams will adopt ML to complement or indeed ultimately drive their journey in this area, says McCambridge.

As data enables a more granular picture of operations, risk can be priced accordingly to uncover more business opportunities. Insurers can heed this data growth to gain more receptiveness and usage for analysis. In property and casualty (P&C), for example, leading insurers are seeing loss ratios improve due to the powers of digital underwriting with external data.

The industry is becoming better positioned to capitalise on advances in technology, to get a more granular analysis of new and emerging risks with a richer view and understanding of customer data and how that can be more powerfully utilised.

The C-Suite of almost every insurer believes they need to compete on data and analytics, says McConnell. Many organisations are in the early stages of moving on-premises systems to the cloud and trying to simplify and modernise their platform in the process. Theres a lot of momentum around harnessing all the capabilities that the cloud has to offer.

But growth in data is hampered by how meaningful data is applied throughout the organisation. Understanding how companies can share data within the business more effectively will help tackle these challenges and remove silos.

Collating secure and accessible data which previously sat within different teams and departments helps to break down data silos and allows analysis and insights to be made more quickly. The benefit of proprietary technologies such as Snowflake and Dataiku is that they deliver enterprise-ready AI capabilities that enable customers to easily build, deploy and monitor different types of data science projects, including ML and deep learning. For example, AXAs Smart Data Platform, powered by Snowflake, has experienced an ROI of at least 10%, which looks only to increase.

The security and governance of this single collaborative landscape between Dataiku and Snowflake help to build trust during the expansion of access to data, analytics and AI. This empowers both technical and business users, supporting multiple code options as well as no-code and low-code design components, in a secure and governed environment.

IT and technology teams feel increasingly under pressure without appropriate mechanisms to manage the pressure of effectively collaborating with the business, or how to move more quickly without having to sacrifice governance, says McCambridge. These challenges are solvable, and many organisations have solved them, but youll often see these growing pains along the way.

Organisations can empower their data science teams by democratising data while easing workloads and providing more investment to grow teams as advanced analytics becomes a core industry focus. This includes removing infrastructure constraints and the limitations of classical statistical methods. The ability to scale using AI and ML should also permit easy onboarding so teams can utilise data quickly and efficiently.

Some teams ultimately hit walls because they need to connect to other silos that are not as far along in the process of data collaboration, says McCambridge. If an employee has the right to access data, there should be a straightforward mechanism to access that data to derive value from.

With data becoming far more accessible as insights can be extrapolated from internal and external data that has been combined to draw out previously unimaginable insights connecting to thousands of partners, vendors and data customers enriches a full, 360-view of the customer. The quick accessibility of this data-sharing culture will have a clear bottom-line impact on the future-focused business, enabling the future of risk to have highly performant technology and teams.

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BALD Coin Price Hits New High, Crashes – Can New Cryptocurrency HAIRY 100x Next – Finbold – Finance in Bold

Its been a rollercoaster few days in the meme coin market, with Bald ($BALD) coin making headlines.

Following a minor retracement on Monday morning, the BALD coin price began to surge once again, suggesting a return of trader enthusiasm, and hit a new ATH before a pullback.

Attention is also shifting towards new cryptocurrency Hairy ($HAIRY) with many in the meme coin community speculating that it could have 100x upside potential.

$BALD is a fresh addition to the rapidly growing meme coin market and has immediately captured the attention of traders.

This token exploded by an eye-popping 4,000,000% after its LeetSwap launch on July 29, making it one of the most talked-about projects in the meme coin niche.

As its name implies, $BALD is a token that takes a lighthearted approach to the crypto market while delivering staggering price performance.

TheDEXScreenerimage above shows the BALD market cap hitting almost $100 million near its peak today.

$BALD is hosted on the Base network, Coinbases powerful Layer 2 solution, meaning that it benefits from enhanced scalability and transaction speeds not to mention reduced fees.

According toDEXScreener, there have been over 10,000 buy orders in the past 24 hours alone, highlighting the remarkable level of investor demand.

Although $BALD suffered a minor retracement throughout Monday morning, with the price pulling back by 35%, the token quickly began soaring again.

In recent hours, $BALD has skyrocketed by 79%, passing its all-time high of $0.0868, before a deep correction.

This will be music to the ears of early $BALD investors, who have already experienced exponential returns since the tokens launch.

These recent movements further confirm the hype driving the $BALD price, as holders appear undeterred by the momentary price dip.

Given this regained momentum, it appears likely that the gains may continue and with crypto influencers likeLaCryptoLycus tweeting about $BALD, the tokens visibility is undoubtedly on the rise.

As $BALD continues to capture the limelight, theres another meme coin piquing the interest of the crypto community Hairy ($HAIRY).

With its impressive launch and stellar price appreciation, $HAIRY is emerging as a potential candidate for 100x returns.

Although these havent been confirmed, rumors have begun spreading on social media that the creators of $BALD have also created $HAIRY to capitalize on the formers rocket-like growth.

These rumors have fuelled the buzz surrounding $HAIRY, which has already surged by over 9,900% following its Uniswap listing on Sunday.

The success of $HAIRYs launch is eerily similar to $BALDs hinting that the token could be in for a fruitful few days ahead.

Looking at itsDEXTools price chart, $HAIRY has soared over 7,000% in the past 24 hours alone, with 250 unique wallet addresses now holding the token.

Moreover, theofficial Twitter accounthas grown significantly in the past day, indicating escalating interest and a burgeoning online presence.

The clear trading advantage that $HAIRY has over $BALD further escalates interest, given that investors can trade the token without any restrictions.

Since $BALD is based on the Base network, which is currently using a one-way bridge, holders cannot cash out.

This isnt the case with $HAIRY traders can sell their tokens anytime if they wish to take profits.

Considering $HAIRYs promising debut, the developer rumors, and the unrestricted trading setup, theres a growing consensus among crypto traders that this newcomer may hold 100x potential.

Visit HairyToken.com

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BALD Coin Price Hits New High, Crashes - Can New Cryptocurrency HAIRY 100x Next - Finbold - Finance in Bold

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Investors can expect another shake-up in cryptocurrency prices soon: Here’s why – Gulf News

Dubai: The recent developments in the cryptocurrency industry are quite intriguing and require constant monitoring if you have invested in digital currencies.

If we examine the changes that have occurred thus far, we can see that technological advancements, regulatory changes, and market sentiments are influencing and propelling the cryptocurrency market, particularly its prices.

The prices of cryptocurrencies may continue to fluctuate, particularly in light of two significant events that will take place in a few days and over the coming months. Here, I will discuss these two events which will help determine your next crypto investment step.

The two significant events that investors should keep a watch on are the Halving of one of the most popular Altcoins, Litecoin (LTC), on August 2, 2023, and the Halving of Bitcoin, which will occur on April 21, 2024.

Glossary: Altcoins, Crypto Halving

Crypto Halving, or Halvening, is an event that reduces the number of new coins or tokens being generated by the network. It happens every four years and is crucial for traders because limiting supply of new coins could potentially raise crypto prices if demand for the coin remains strong.

This pre-programmed change to the underlying blockchain technology, primarily affects crypto miners, who are awarded crypto to solve complex math problems on high-powered computers to validate each crypto transaction. Such block rewards are halved every four years to curb inflation.

Image Credit:

Halving events captivate investors, buyers

The Halving of a cryptocurrency reduces the quantity of rewards paid to miners by half. Historically, Halving events have captivated investors and buyers, resulting in increased market activity.

It is anticipated that the Halving of Litecoin and Bitcoin will influence the entire cryptocurrency market this year. Any trend impacting these cryptocurrencies can spill over to the prices of other cryptocurrencies, boosting (or hindering) market confidence as a whole.

Litecoin is scheduled to have its third Halving event, which occurs every 840,000 blocks, every four years approximately, and reduces its reward per block to 6.25 LTC from 12.5 LTC per block. (Blocks, individual units making up blockchains, are where crypto transactions are stored.)

How Halving events previously affected Litecoin rewards?

The last two Litecoin Halving events were recorded during 2015 and 2019: The 2015 Litecoin Halving reduced the block reward from 50 LTC per block to 25 LTC per block, whereas the 2019 Litecoin Halving reduced the block reward from 25 LTC per block to 12.5 LTC per block.

The halving of Litecoin can significantly affect its price due to the changes it will bring to LTC's supply and demand. As a consequence of the reduction in the block reward, the supply and issuance of new Litecoin in the market will be reduced or constrained.

If demand remains constant or increases, the scarcity of Litecoin could lead to speculative buying, which would drive the prices up. (Speculative buying is buying an asset that can earn you gains quickly. However, with speculative buying, there is an increased chance of big losses as well.)

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How Litecoin Halving can affect Altcoin prices

This potentially positive trend in Litecoin can also influence the Altcoin market as a whole, increasing interest and investment in all Altcoins. Separately, it may also contribute to a positive trend in Bitcoin, given that both currencies share technological similarities, thereby strengthening other cryptocurrencies and the market as a whole.

The second comparable event is the Halving of Bitcoin rewards next year, which will reduce miner rewards from 6.25 BTC to 3.125 BTC.

Bitcoin prices fluctuates a lot before Halving events

In particular, Bitcoin rose to $30,000 (Dh110,191) by mid-April this year, fluctuating throughout May and June, and reaching $31,474.72 (Dh115,608) on July 14 - its highest value since the beginning of the year. As of the time of this writing, Bitcoin is worth $29,407.12 (Dh108,014.26).

Bitcoin Halving events boosted prices in the past

However, the current price trajectory of Bitcoin could see a further positive jump, especially while anticipating the upcoming Bitcoin Halving. Historically, Bitcoin's Halving has had a significant effect on its price.

For instance, the previous Halving of Bitcoin in 2020 triggered a considerable gain, that drove its price to $64,900 (Dh238,381.92) in the following months. Hence, observing past patterns, we can anticipate a looming boom for Bitcoin.

Image Credit:

Bottom line?

In a nutshell, the cryptocurrency market is making a comeback. Many are anticipating how the Litecoin and Bitcoin Halving events will shake-up markets, while speculating on the effects they will have on the prices of these currencies and their performance.

Ultimately, whether the impact of Halving will bring a surge and new highs or a decline, it will take time to play out. So as an investor, you will need to undertake additional analysis and keep an eye on such trends that could affect the cryptocurrency market in the near future.

Jawaher S.

Dubai-based Emirati writer, an international finance and economic policy expert

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HAYVN Pay and CrossBet partner for cryptocurrency payments in … – The Paypers

HAYVN Pay, a regulated cryptocurrency payment solution, has announced a partnership with CrossBet, a regulated online betting operator in Australia.

Through this collaboration, HAYVN Pay will provide its secure digital payment gateway, allowing CrossBet's clients to use cryptocurrencies for depositing funds on their platform. HAYVN Pay aims to make cryptocurrency a widely accepted payment tool, targeting 75% of global payment transactions by December 2024. The company is regulated in Australia (AUSTRAC), Lithuania (FNTT), and the Cayman Islands (CIMA), offering merchants a compliant platform for accepting cryptocurrency payments.

CrossBet's Chief Marketing Officer, Grant Lukin, expressed his commitment to expanding payment options for customers in the digital economy and the companys satisfaction in partnering with HAYVN Pay to provide a secure, regulated payment gateway for cryptocurrency transactions.

Christopher Flinos, Chief Executive Officer at HAYVN, highlighted the importance of secure and regulated cryptocurrency payments and welcomed CrossBet to the HAYVN Pay ecosystem.

This partnership facilitates cryptocurrency payments as a method of depositing funds on the CrossBet platform, supporting Australia's growing crypto economy. Cryptocurrency ownership and usage have been steadily rising in the country, with over 5 million people (21% of Australians) owning cryptocurrencies as of April 2022. By using HAYVN Pay's regulated gateway, CrossBet aims to offer secure and seamless cryptocurrency payments, positioning itself at the forefront of compliant crypto innovations in Australia's digital asset landscape, as the company says. The partnership aims to drive further adoption of cryptocurrency payments by providing accessible options for betting platforms.

HAYVN is a financial institution focused on digital assets, providing payments, trading, custody, asset management, and research services to a global client base. The company is regulated in Abu Dhabi, Australia, the Cayman Islands, Lithuania, and the BVI, serving individuals, family offices, businesses, corporations, and institutions with cryptocurrency products and services.

HAYVN Pay is a regulated financial network for the authorisation, clearing, and settlement of consumer, merchant, and B2B transactions. The platform allows merchants to accept cryptocurrency payments online and in-person from customers worldwide.

CrossBet is an Australian-owned and operated online bookmaker, offering betting services for global sporting and racing events.

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