In June the Swiss National Bank (SNB) extended its wholesale central bank digital currency (wCBDC) pilot by two years. That major news overshadowed another groundbreaking first: the central bank conducted DLT-based monetary policy operations by issuing CHF 64 million in digital SNB Bills on the SIX Digital Exchange’s DLT. They were redeemed seven days later. […]

The new blockchain system will boost document authenticity and security, especially for complex Transferable Development Rights (TDR) transactions. Indian city Ahmedabad is modernizing by seeking technology partners to develop a blockchain-based system for document management. The Ahmedabad Municipal Corporation (AMC) aims to develop a blockchain-based system to improve the management of key documents, including birth […]

Arguably, the two biggest challenges for retail central bank digital currencies (CBDCs) are whether the public sees them as useful and concerns about privacy. Despite coverage to the contrary, central banks design most current CBDCs with good intentions. However, with many countries shifting towards more divisive politics, some worry that CBDCs designs could be tweaked. […]

Google DeepMind trained two AI systems, AlphaProof and AlphaGeometry 2, to solve complex math problems, excelling in advanced reasoning. Google DeepMind, a British-American AI research lab, has achieved a “silver-level standard” in advanced mathematics. Its AlphaProof and AlphaGeometry 2 systems solved four out of six problems from this year’s International Mathematical Olympiad (IMO). The IMO […]

Scott Adams, the creator of the Dilbert comic strip, has recently started a discussion in AI and hypnotherapy space, claiming he taught ChatGPT how to perform hypnosis. Adams, who describes himself as a trained hypnotist and expert persuader, reportedly used these AI-generated techniques on himself with profound effects. In a series of tweets and a […]

Menlo Ventures and Anthropic have teamed up to create the Anthology Fund, a $100 million initiative to advance artificial intelligence across multiple sectors. Leading firm Menlo Ventures and new AI lab, Anthropic announced the coalition, founding Anthology Fund, which contributes $100M to develop AI across various industries. This strategic partnership combines Menlo’s company-building knowledge with […]