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. […]

Image by The Crypto Times 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 […]

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. […]

Image by The Crypto Times 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 […]

Image by The Crypto Times 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 […]