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The Bank of England Appoints Scholars to Form the Academic Advisory Group for Central Bank Digital Currency (CBDC)

The Bank of England has established the Academic Advisory Group for Central Bank Digital Currency (CBDC). The group will bring together experts from various fields, including monetary policies, economics and competitiveness, behavioral sciences, law, innovation theories, marketing, and business. In addition, this group aims...

The Government of Laos Adopts Blockchain Technology for its Digital Transformation Agenda

The move by the Government of Laos to adopt blockchain technology for its digital transformation agenda reflects its commitment to enhancing innovation and promoting the digital economy in the country. Through the establishment of a Blockchain Research Center in partnership with Metabank, the Laotian Ministry...

Solana Releases a ChatGPT Plugin that Combines AI and Blockchain Technology on the Layer Network

Solana Foundation has launched an open-source program that allows users to directly interact with the Solana network using ChatGPT, through an additional plugin that can be downloaded from Github. Solana Labs described this integration as a reference on how to utilize artificial intelligence in understanding...

Cardano makes significant progress in the field of blockchain technology

Cardano (ADA), the seventh-largest digital currency by market capitalization, has made significant progress in the field of decentralized technology by adding over 1,000 Plutus V1 smart contracts to its network since the beginning of 2023. According to data collected on May 17, 2023, there have...

Microstrategy Enhances Efforts to Utilize Lightning Network Technology for Bitcoin Expansion

Microstrategy is focusing its efforts on providing a solution for scaling Bitcoin through Lightning Network technology this year. The CEO, Michael Saylor, announced that the company is working on a product aimed at providing a Bitcoin wallet and Lightning Network address for every holder...

White House is establishing international standards for blockchain technology

The current US administration, led by President Joe Biden, has announced their intention to build international standards for blockchain technology through international cooperation. These standards are being created to improve the use and application of blockchain technology and fulfill the United States' commitments to promoting...