Blockchain
IrisGuard, the world-leader in iris-enabled payments, triumphs at the GLOMOs at MWC Barcelona 2021
IrisGuard are delighted to have won a GLOMO Award, Best Mobile Innovation Supporting Emergency or Humanitarian Situations for “Covid-safe mobile iris payment solution, enabling uninterrupted access to aid for millions”. The Global Mobile (GLOMO) Awards celebrate the companies and individuals driving innovation in the rapidly evolving mobile industry.
Under the Tech4Good category the award was presented live by Mats Granryd, Director General of the GSMA. As IrisGuard are a long-term supporter and practitioner of five of the main UN SDGs, this was particularly meaningful as it was he who led the mobile industry in becoming the first sector to broadly commit to the United Nations Sustainable Development Goals (SDGs) in 2016 and is now spearheading initiatives to accelerate the mobile industry’s impact in all 17 of the SDGs.
Making the final 5 shortlist, IrisGuard was judged against strong contenders including Asiacell in Iraq, and, SK Telecom and the Korean Red Cross. The Judges had this to say about our win “An effective technology and good solution, particularly for a refugee community, but with many other potential humanitarian applications.”
The GSMA’s CEO, John Hoffman commented, “Congratulations to all the winners and nominees of the GSMA’s GLOMO Awards 2021. You truly embody the theme of this year’s event, Connected Impact. Given the particularly challenging circumstances we’ve all faced over the last 15 months, it’s more important than ever to come together to recognise the incredible innovation and ingenuity shaping our industry, as well as the positive impact this is making on the world around us.”
For IrisGuard, the deployment of usage this award recognises started in 2019. Building upon our EyeCloud® back-end services the EyePay® Phone allowed humanitarian support to be delivered daily direct to the point of need whilst still maintaining safe contactless practices and providing iris biometric proof-of-life. Donor accountability and personal entitlement was protected and there was no requirement to use any other form of ID documents or cards, which can often be lost or fraudulently used. Currently utilized by nearly 40 UN agencies and NGOs in partnership with banks, post offices, mobile wallets and national ID schemes, our systems provide a targeted financial platform for regular distribution of aid, pensions, social welfare and ever more increasingly, cash assistance.
Our latest innovations have allowed not just un-interrupted supply during Covid lockdown but expansion of the service into homes and greater local support. Over 2.7 million people, who had no other means of receiving access to aid in cash and food continue to receive support during this current pandemic.
Simon Reed, Deputy Director of IrisGuard commented on the win, “The strategic introduction of the unique iris EyePay® Phone in 2019 dramatically increased the ability to serve more refugees and people in need quickly and efficiently. Winning this award as a true Tech4Good deployment makes me extremely proud personally and for the whole team at IrisGuard.”
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
Digital Payment Gateway Market
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.
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