South Korea’s central bank is set to launch CBDC trials for real-world transactions under the “Digital Test Project Hangang,” according to local reports citing BoK officials. The three-month programme is said to involve seven banks and 100,000 participants that will be testing blockchain technology’s role in finance. The BoK reportedly sees this large-scale pilot as … Read more
Several Nifty 50 firms are exploring Web3 technologies like cryptocurrencies and blockchain, according to a report by crypto firm Mudrex, exclusively shared with Gadgets 360. The report reveals that 16 companies, including Reliance, Airtel, ITC, and TCS, are leveraging Web3 for digital marketing, supply chain management, CBDCs, and cross-border trading. Mudrex noted that institutional adoption … Read more
Saudi Arabia has launched a Web3 alliance group as part of its Saudi Vision 2030 program that aims to diversify the country’s economy. The newly construed Web3 Alliance of Saudi Arabia (WASA) will bring together players from the international Web3 industry. The group will work to create awareness around Web3 and help Saudi Arabia develop … Read more
Telegram is rolling out six new features which may enhance the gifting experience, the company announced on Thursday. As part of the changes, users can now display collectible gifts as emoji statues and transfer gifts to the blockchain and even auction them. Further, it also brings the ability to share collectible gifts via Telegram stories. … Read more
Intelligence analysis firm i2 Group is upgrading its internal software with blockchain technology to be better equipped to identify illicit uses of cryptocurrency. The company plans to integrate blockchain-based features to its link analysis platform, named Analyst’s Notebook. i2 Group has partnered with blockchain data firm Chainalysis. With this step, the firm is looking to … Read more