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Vitalik explores potential of ‘info finance’ as ETH tops $3K

Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.

Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.

In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.

According to Buterin, “Info finance is a discipline where you (i) start from a fact that you want to know, and then (ii) deliberately design a market to optimally elicit that information from market participants.”

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After Ulbricht’s Pardon, Will Roger Ver Be Next? Elon Musk Weighs In

Open Oracle Network DIA Launches Lumina to Bolster Web3 Data Infrastructure

Open Oracle Network DIA Launches Lumina to Bolster Web3 Data InfrastructureDIA, an open oracle network, has launched a new oracle architecture called Lumina. The design aims to enhance trustless data infrastructure for Web3, offering improvements in scalability and decentralization. DIA Introduces Lumina: A New Trustless Oracle Architecture According to the statement provided to Bitcoin.com News, the Lumina system integrates modular components to gather, verify, process, […]

After Ulbricht’s Pardon, Will Roger Ver Be Next? Elon Musk Weighs In

Blockchain can help eliminate cybercrime threats

Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide.

Cybercrime losses reach new highs every year, and some experts think that while blockchain technology might not be the silver bullet that could stop it, mainstream adoption could definitely help. 

Cybercrime can take many forms, including ransomware attacks, identity fraud, data theft and phishing campaigns. According to cybersecurity research firm Cybersecurity Ventures, cybercrime losses around the world are estimated to reach $10.5 trillion annually by 2025.

The first decentralized blockchain, Bitcoin (BTC), was launched in January 2009 along with its associated cryptocurrency. Security features such as cryptography, decentralization and consensus are built into the tech.

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After Ulbricht’s Pardon, Will Roger Ver Be Next? Elon Musk Weighs In