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
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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