Artificial Intelligence (AI) and generative AI has plenty of use cases and automating many tasks, but it also comes with certain risks and challenges. The growing concern over trust and safety has led California to introduce the first AI Safety Bill or SB 1047.
Anonymity and privacy are two of the popular characteristics often attributed to cryptocurrency and the blockchain. But in actual usage, complete anonymity and privacy is only a myth. Bitcoin transactions are traceable, and only a few cryptos can be considered truly private.
Cryptocurrency burning is the process of removing tokens from circulation primarily as a deflationary measure. Burning can be at a protocol-level, like proof-of-burn and per-transaction burns.
Banking the unbanked remains an issue for the World Bank. One way to increase financial inclusion is through cryptocurrency and blockchain technology. Crypto and the blockchain bridge the inclusion game thanks to its accessibility, transparency, and quality financial solutions.
Web 3.0 games run on the blockchain technology and promises better transparency with consumer ownership and increased players' participation. Currently, there are two types of blockchain games- play-to-earn and idle games.