Blockchain
Global Business Forum on Latin America 2019 Concludes With Call to Capitalise on Untapped Business Opportunities
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The third edition of the Global Business Forum (GBF) on Latin America concluded yesterday (April 10th) in Panama City with a call from government and business leaders to capitalise on new trade and investment opportunities that are emerging in the Latin America and Caribbean (LAC) and Arabian Gulf regions.
A total of 800 delegates from 50 countries attended GBF Latin America – Panama 2019, including heads of state, ministers, top government officials, policymakers and business leaders, while 300 bilateral business meetings were held on the sidelines of the event. The two-day forum identified sectors where businesses in the Arabian Gulf and LAC regions can expand their cooperation, namely food security and agri-business, finance and fintech, trade, tourism, and renewable energy.
Held under the theme “Next Hubs, New Regions”, the two-day forum featured 17 sessions and 46 speakers. Among the high-level attendees and speakers were H.E. Juan Carlos Varela, President of Panama; H.E. Jovenel Moise, President of Haiti; H.E Isabel de Saint Malo, Panama’s Vice President and Minister of Foreign Affairs, in addition to several ministers, top government officials and business leaders from the UAE, Panamá, Haiti, USA, Brazil, Argentina, Colombia, México, Uruguay, Jamaica, Dominican Republic, Honduras, Ecuador and Paraguay.
During the forum, the Panamanian President called on Panamanian’s public and private sector players to participate in Expo 2020 Dubai which he described as an ideal opportunity for Panama to showcase the potential it can offer the world. The Haitian President stated that his country is focused on developing its infrastructure, improving connectivity, and investing in several sectors, such as agriculture, renewable energy and healthcare, adding that these are all areas where it is looking to expand its cooperation with the UAE and other countries.
H.E. Hamad Buamim, President & CEO of Dubai Chamber of Commerce & Industry said: “The third edition of GBF Latin America achieved its objectives of exploring new business prospects between the LAC and Arabian Gulf regions, fostering constructive dialogue between business communities on both sides, and paving the way for long-lasting partnerships. We see the strong participation in the event as a a positive sign of growing confidence in Dubai as a preferred hub for Latin American companies.”
SOURCE: Dubai Chamber
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
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