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Dfinity, Cambodia agree on advancing smart city innovation

The Swiss-based backer of the Internet Computer Protocol will provide training and entrepreneurial support as well as decentralized computing.

Dfinity, the Swiss foundation behind the Internet Computer Protocol (ICP) blockchain, has signed a Letter of Intent (LOI) with the Cambodia Ministry of Industry, Science, Technology and Innovation at Token2049. The parties have agreed to pursue research, training and entrepreneurial ecosystem support for smart city infrastructure.

The definition of a smart city is somewhat nebulous but emphasizes the use of advanced information and communications technology. Dfinity already has a presence in Cambodia as a partner of a United Nations Development Program pilot project for its digital Universal Trusted Credentials system.

The LOI is part of Dfinity’s continuing efforts to support the sharing of sovereign cloud technology with governments and international organizations. Dfinity founder and chief scientist Dominic Williams said:

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FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Intel and AfDB to train millions of Africans in AI

The initiative aims to equip many Africans with skills in advanced technologies like artificial intelligence, robotics and data science.

The African Development Bank (AfDB) and technology giant Intel have joined forces to equip three million Africans and 30,000 government officials with advanced artificial intelligence (AI) skills. 

According to a statement on the AfDB’s website, the collaboration aims to revolutionize the African digital ecosystem.

The initiative aims to equip many Africans with skills in advanced technologies like artificial intelligence, robotics and data science, which are crucial for boosting economic growth and productivity across Africa.

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FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve BankingAfter the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why […]

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Over 20,000 Ukrainians Sign Up for Free Course on Crypto, Official Says

Over 20,000 Ukrainians Sign Up for Free Course on Crypto, Official SaysCrypto classes organized for Ukrainians have begun on a government-run portal, a minister announced. More than 20,000 people have registered for the educational course in the war-torn country which maintains an objective to become “the best crypto jurisdiction.” Thousands of Ukrainians to Study About Bitcoin, Mining, and Smart Contracts Ukraine’s ‘Дія. Цифрова освіта’ (Diia Digital […]

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year

Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This YearUkrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says Ukraine Aims to Launch Digital Hryvnia Sooner Than […]

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos

Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in DavosUkraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation. Crypto Donations Have Been Critically Helpful to Ukraine Amid Invasion, Fedorov Says During the […]

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Elon Musk Hears Kyiv’s Call, Activates Starlink Service in Ukraine

Elon Musk Hears Kyiv’s Call, Activates Starlink Service in UkraineTech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian military assault that may disrupt communications, among other threats. Elon Musk Provides Ukrainians With Access to Starlink U.S. […]

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Report: Blockchain Among Technologies to Be Prioritized by Saudi Arabia’s IT Decision Makers in 2022

Report: Blockchain Among Technologies to Be Prioritized by Saudi Arabia’s IT Decision Makers in 2022Blockchain is among six emerging technologies that will be prioritized by the Kingdom of Saudi Arabia (KSA)’s IT decision makers in 2022 and beyond, according to a recent study. Effect of Covid-19 The government of Saudi Arabia’s IT decision makers have named blockchain as one of the six technologies they plan to prioritize in 2022 […]

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption

Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for AdoptionThe law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian Deputies to Vote on Updated ‘Virtual Assets’ Law in November The saga […]

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19

Russian Post to Employ Blockchain Technology in Parcel Tracking

Russian Post to Employ Blockchain Technology in Parcel TrackingThe national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based Tracking System to Help Russian Post Save Time and Resources In […]

FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19