Cisco Partners With SingularityNET on Decentralized Artificial Intelligence

Decentralized artificial intelligence firm SingularityNET and tech conglomerate Cisco have partnered to work on various artificial intelligence applications. Decentralized artificial intelligence (AI) firm SingularityNET and tech conglomerate Cisco have partnered to develop applied artificial general intelligence (AGI) technologies. AGI is one aspect of AI technology that concentrates on learning the intellectual tasks of which humans […]

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Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities

Malaysian electric utility Tenaga Nasional Bhd has raided 33 illegal Bitcoin mining operations that were allegedly stealing electricity. Authorities raided Bitcoin (BTC) mining operations in Malaysia after finding that they were stealing electricity resulting in a loss of 3.2 million Malaysian ringgit ($760,736) to the utility company. 33 facilities illegally mining Bitcoin Malaysian major electric […]

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South Korea’s Shinhan Bank Developing a Blockchain Stock Lending System

South Korea’s oldest bank, Shinhan Bank, is developing a distributed ledger technology-enabled stock lending platform. South Korea’s oldest bank, Shinhan Bank, is developing a Distributed Ledger Technology (DLT)-enabled stock lending platform, local media Econonews reports on Aug. 1. Blockchain-based stock lending Per the report, Shinhan Financial Investment signed an agreement with financial services company Directional […]

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