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automaton @lemmy.world
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Blockchain tech needs a ‘ChatGPT moment’ to scale enterprise adoption | TechCrunch
  • There have been attempts at using the technology for other stuff. Just off the top of my mind: loyalty programs (see Starbucks), logistics as in international shipping, traceability, remittance, etc.

    But none of them achieved the widespread adoption that was expected.

  • techcrunch.com Blockchain tech needs a ‘ChatGPT moment’ to scale enterprise adoption | TechCrunch

    Big names like Starbucks and Nike were quick to adopt blockchain tech, but it will still be a while until we see the enterprise space embrace the tech.

    Blockchain tech needs a ‘ChatGPT moment’ to scale enterprise adoption | TechCrunch

    > “I don’t think enterprise blockchain has seen a ChatGPT moment. Everyone talked about AI for so many years, but it became really popular with ChatGPT.” > “ChatGPT is a great example,” Liu said. “AI went through four, five or six phases before that moment. . . . It’s a great example of the patience necessary before [an event of that scale happens] in the blockchain consumer enterprise world.”

    What is going to be blockchain technology's ChatGPT?

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    The Blockchain Revolution In Cross-Border Transactions (Forbes)

    www.forbes.com Council Post: The Blockchain Revolution In Cross-Border Transactions

    A digital identity for businesses in the global context has the ability to save time and other resources.

    Council Post: The Blockchain Revolution In Cross-Border Transactions

    Blockchain technology can help companies, involved in international trade, overcome real challenges by making several time and resources consuming processes easier: > Two of the biggest challenges in international trade are the ability to authenticate or verify the identity of international parties across the trade transaction lifecycle and and the ability for parties to establish trust in various steps of the international trade transaction. > The characteristics of the blockchain, specifically immutability and transparency create a unique opportunity to leverage digital identities for companies in cross-border transactions. What are then the reasons why the technology hasn't achieved widespread adoption yet?

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    What's a scam that's so normalized that we don't even realize it's a scam anymore?
  • Cash is used to buy most illegal shit. Which doesn't mean we should abolish cash. And if you can't see the risks in governments and corporations tracking every little expense of yours, well you have a very low threat model. But don't assume that anonymous transactions and tools are only useful to criminals, because minorities, journalists and whistleblowers use them every day to avoid prosecution under authoritarian governments.

  • zkSync unveils new network of ‘Hyperchains’

    cointelegraph.com zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year

    The ZK Stack is zkSync’s answer to Optimism’s Superchain. It’s a series of interoperable custom "Hyperchains" using recursive scaling that is set for testnet by the end of the year.

    Zero-knowledge proof is one of the most active development spaces of the whole industry. This news is quite fresh:

    > Ethereum zero-knowledge proof scaling system zkSync Era has unveiled its answer to Optimism’s Superchain concept in the form of ZK Stack.

    > It’s a modular framework for a series of ZK-powered custom blockchains called Hyperchains, which will operate as a new layer on top of the existing layer-2 protocol.

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    ambcrypto.com Polygon launches open database for blockchain technology use cases

    Referred to as "The Value Prop", Polygon's new database hosts blockchain-based apps and use cases spread across different business verticals.

    I think we need more of this (real life use cases) and less get-rich-quick cryptobro talk in the space:

    >Polygon [MATIC], one of the largest Web3 networks, announced the launch of an open database consisting of use cases for blockchain technology.

    >Web3 experts and big players in the space feel there is a greater need to bring out the positive applications for blockchains. They want to pitch it as a general-purpose technology, rather than only seeing it as a medium for facilitating asset trading.

    >Referred to as “The Value Prop”, the database hosts a catalogue of more than 300 applications and a number of use cases spread across different business verticals, blockchain networks, and geographies.

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    Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan

    blockchain.news China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan

    Shanghai, a front-runner in the deployment of emerging technologies in China, has recently announced its ambitious "Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2

    >Blockchain and Web3.0, both pillars of the next generation digital economy, are spotlighted as integral parts of the city's digital transformation strategy. By prioritizing these technologies, Shanghai aims to position itself at the forefront of digital innovation and economic growth.

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    blockchain.news MetaMask Developer ConsenSys Challenges SEC's Proposed 'Exchange' Definition, Citing Blockchain Misunderstandings

    Blockchain tech company ConsenSys, represented by lawyer Bill Hughes, has formally objected to the Securities and Exchange Commission's (SEC) Notice of Proposed Rulemaking (NPRM) concerning the red

    >Blockchain tech company ConsenSys, represented by lawyer Bill Hughes, has formally objected to the Securities and Exchange Commission's (SEC) Notice of Proposed Rulemaking (NPRM) concerning the redefinition of a securities "exchange". >ConsenSys contends that the amendments proposed by the SEC would be unlawful if finalized in their current form, as they are intended to apply to blockchain protocols. They allege that the reopening release fails to rectify key legal deficiencies in the proposed amendments, misinterprets the term "exchange" as per the '34 Act, and inappropriately aims to redefine exchanges in order to strengthen the registration of broker-dealers.

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    blockchain.news Polygon Labs Critiques SEC Proposed Rulemaking That Threatens Permissionless Blockchain Networks

    Polygon Labs, the leading blockchain technology firm, issued a response today to a proposed rule from the Securities and Exchange Commission (SEC) that redefines the term "exchange."

    >Polygon Labs has pointed out that the new rule would be logistically unworkable, given the structure of blockchain technology. They highlight that the numerous independent validators of blockchain transactions cannot practically coordinate to register as an exchange, and these validators, by design, don't control DeFi protocols.

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