Blockchain
As part of the World Government Summit 2022, The UAE Government reveals the GovTech Award Winners
The 7th edition of the “GovTech Prize” winners have been named, with organizations from across the world being recognized and celebrated for their outstanding involvement across a range of categories. This is the world’s first government award where the digital twin of the Award has been embedded in the trophy as an NFT, digitally chronicling the winner and the award forever.
The GovTech Prize winners were announced on the 30th of March as part of the World Government Summit (WGS) 2022 at Expo 2020 Dubai. The Prize is an annual global award designed to motivate world government entities and startups to create and innovate government technology solutions that help solve common and pressing global challenges.
His Excellency Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs, Chairman of the World Government Summit Organization stated: “With over 250 case studies nominated from 65 countries, the winners of the GovTech awards reflect what the WGS mission is and how the prestigious award celebrates the outstanding humanitarian and government initiations from around the world. This year’s winners are an inspiration for others to continue creating and becoming pioneers in the government technology, which pushes the world forward.”
Winners of the six categories
The “Education & Remote Learning” category winner is ‘Eduq+’ in partnership with the Department of Education Brazil. ‘Eduq+’ is the world’s first nudgebot startup, using Artificial Intelligence to motivate over 2M students with fully personalized messages boosting academic performance during the Covid-19 reducing grade repetition by 33% and preventing student drop out by 50%.
The “Health & Wellbeing” category winner is ‘Sleepio & Daylight’ in partnership with NHS Scotland. Scotland is the 1st country in the world to make digital therapeutics for anxiety and insomnia available nationally to 5M people at no cost, using non-drug alternatives “Sleepio & Daylight”, evidenced-based cognitive behavioral therapy apps that resulted in 70% improvement in anxiety symptoms and improved sleep by an average of 7 additional hours per week.
The “Refugees” category winner is ‘TYKN’s Ana’ in partnership with the Turkish Ministry of Foreign Affairs. An award-winning startup, TYKN is a digital identity platform used to optimize the process of issuing Work Permit related documents for refugees leveraging blockchain – improving the opportunity for the 3M refugees in the country to have access to healthcare, education, and banking.
The “Climate Change” category winner is ‘Flash Forest’ in partnership with Emissions Reduction Alberta. Flash Forest startup have combined forces adopting an innovative solution, leveraging Artificial Intelligence and Drones to plant up to 20,000 tree seeds per day and bringing down cost by a 4x factor. The joint initiative is targeting to plant 1 billon trees in the next few years.
The “AI Powered Government Services” winner is ‘Bürokratt’, Estonia. The Ministry of Economic Affairs and Communications launched “the Siri of digital public services” the world’s first public service AI-based virtual assistant, revolutionizing the way citizens have access to Government services allowing 1.3 million Estonians to access all public services.
The “Unique Breakthroughs” winner is ‘Visolis’ in partnership with the US Department of Energy, USA. ‘Visolis’ is one of the 50 next companies to disrupt the world, created carbon-eating microbes that reduce CO2 emissions by more than 90%, using biomass instead of petroleum to produces carbon negative material at a faction of the material production cost & potentially disrupting material industries valued at more than trillion dollars
The World Government Summit (WGS), launched under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, in 2013, itis a global platform that brings together world leaders, ministers, senior officials, and policymakers to share experiences and ideas that contribute to the development of future governments and discuss the latest trends and innovative solutions for global challenges. The WGS 2022 convened this year and welcomed up to 4000 participants and 500 speakers, who are shaping the next generation of governments.
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
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
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.
-
Blockchain7 days ago
Pelican AI and Christie Capital Announce Launch of Brokered Financing
-
Blockchain Press Releases6 days ago
Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
-
Blockchain6 days ago
Sportsbet.io Becomes New Title Partner of Snooker’s Players Championship, Tour Championship and Champion of Champions
-
Blockchain Press Releases5 days ago
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
-
Blockchain Press Releases7 days ago
Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown
-
Blockchain Press Releases6 days ago
Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake
-
Blockchain5 days ago
Fast, Secure, and Seamless: Bybit Card QR Pay Set to Transform Payments in Brazil
-
Blockchain6 days ago
Bybit and Block Scholes Report: ETH Poised for a Rebound