Blockchain
Compassion International launches revolutionary NFT collection, created completely in VR
Today, Compassion International launched “Many Hands,” a revolutionary non fungible token (NFT) digital artwork collection created completely in virtual reality (VR). Funds raised from the collection will provide full-ride college scholarships for 32 high-achieving Haitian youth. The scholarship will cover a full four years of university tuition, a laptop, leadership development training, and continuous support throughout their education, starting this fall.
“Many Hands” is Compassion’s first-ever NFT collection, and the collection’s digital artwork will be sold directly by Compassion through the Ethereum blockchain. Minting begins today, July 20, at 10:30 a.m. Eastern at ManyHandsNFT.com. (Those who are new to NFTs can join Compassion’s Discord and visit the #nft-101 channel for more information.)
The collection’s artist, Patrick Bezalel, donated his time and talent to create five thousand pieces of art, all created in VR. Each piece represents Haiti’s countryside and villages, along with the realities the country continues to face due to poverty, unrest, and natural disasters. Bezalel painted each layer using HTC Pro VR, where he was completely immersed in a three-dimensional, computer-generated environment.
Bezalel and his wife, Lily, first heard about Compassion more than a decade ago at a conference and were greatly moved by the organization’s work. Since then, they have sponsored children through Compassion, and they currently sponsor two children from Haiti. Bezalel hopes the collection will sell out, adding, “I want to present Haiti in a way that has never been presented before in a VR environment. VR has the ability to immerse you into any space, and this art form is my way of immersing and involving everyone in their support for Compassion and their projects. It is not just about education – it is hope for the future.”
According to USAID, the majority of Haitians lack access to a quality education, citing challenges like low enrollment and poor literacy rates. The average Haitian, age 25 years or older, has less than five years of schooling; and only 61 percent of the adult population is literate.
Education is crucial to breaking the cycle of poverty. UNESCO reports that if all adults completed secondary education, the global poverty rate could be cut by more than half. And yet, the majority of Haitians cannot afford to send their children to school.
Abbel Joseph, senior manager of program support at Compassion Haiti, sees many young people who have the skills, knowledge, and inclination to attend university, but not the finances. He explains, “The target group that we work with are among the most vulnerable in the country. That’s why it is so important to help them to get that scholarship in order to go to college. For the development of the community, people need to get educated … to learn things in order to help themselves, to help their community. A lot of them, without this scholarship – they end up not having any possibility at all to go to college.”
To this difficulty, Compassion responds, “Men anpil, chay pa lou.” Roughly translated from Creole, this Haitian proverb means, “Many hands make the load lighter.” And beginning at 10:30 am Eastern on July 20, individuals can make the load lighter for 32 Haitian students by minting “Many Hands” NFTs at ManyHandsNFT.com. The project will empower youth in poverty to become teachers, entrepreneurs, doctors, scientists, and other members of society who can break the chains of poverty and bring about a brighter future for all of Haiti.
Just ask Esterflie, a 19-year-old Haitian student slated to participate in the program. She shares, “I would like to have a career with computers – maybe a computer engineer. Technology is something that is very important for [the] development of a country. My parents are excited for me to have the opportunity to go to college. They are very proud of me.”
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
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Blockchain
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
Johann Polecsak argues that existing blockchains face significant challenges in adopting post-quantum cryptography without causing substantial disruption to users. This assessment highlights the complex and multifaceted nature of transitioning to new cryptographic standards in blockchain networks.
Post-quantum cryptography refers to cryptographic algorithms that are resistant to attacks from quantum computers, which have the potential to break traditional cryptographic schemes. While post-quantum cryptography offers enhanced security, implementing it in existing blockchain networks poses technical, operational, and usability challenges.
Polecsak suggests that transitioning to post-quantum cryptography could require significant changes to blockchain protocols, consensus mechanisms, and user interfaces. These changes may disrupt existing workflows, require modifications to software and hardware infrastructure, and necessitate coordination among network participants.
Furthermore, Polecsak emphasizes the importance of ensuring backward compatibility and interoperability during the transition to post-quantum cryptography. This is crucial to prevent fragmentation of the blockchain ecosystem and maintain continuity for users and applications.
Polecsak’s assessment underscores the complexities and trade-offs involved in adopting post-quantum cryptography in existing blockchain networks. While the transition promises improved security against quantum threats, it requires careful planning, coordination, and investment to minimize disruption and ensure a smooth transition for users and stakeholders. As the field of post-quantum cryptography continues to evolve, blockchain projects will need to carefully evaluate their options and strategies for implementing these new cryptographic standards.
Source: news.bitcoin.com
The post Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak appeared first on HIPTHER Alerts.
Various technology trends are discussed that are shaping the retail industry, from artificial intelligence (AI) to blockchain. These trends are driving significant changes in how retailers operate and engage with customers, offering new opportunities for innovation and growth.
Artificial intelligence (AI) is highlighted as a key technology trend that is revolutionizing various aspects of the retail industry. AI-powered solutions enable retailers to analyze vast amounts of data, personalize customer experiences, optimize supply chain operations, and enhance decision-making processes. From chatbots and virtual assistants to predictive analytics and recommendation engines, AI is enabling retailers to deliver more personalized and efficient services to their customers.
Blockchain technology is another trend shaping the retail industry, offering benefits such as enhanced transparency, security, and traceability in supply chains and transactions. By leveraging blockchain, retailers can improve inventory management, streamline payments, prevent counterfeit products, and enhance trust and accountability throughout the supply chain. Additionally, blockchain enables retailers to create decentralized marketplaces and loyalty programs, providing new opportunities for customer engagement and loyalty.
Other technology trends discussed in the article include augmented reality (AR) and virtual reality (VR), which are transforming the way consumers shop and interact with products online and in-store. By enabling immersive shopping experiences, AR and VR technologies allow retailers to showcase products more effectively, reduce returns, and increase customer engagement and satisfaction.
Technology trends such as AI, blockchain, AR, and VR are reshaping the retail landscape, driving innovation, and enabling retailers to meet the evolving needs and expectations of consumers in an increasingly digital world. As retailers continue to embrace these technologies, they are poised to unlock new opportunities for growth and differentiation in the competitive retail market.
Source: 365retail.co.uk
The post Tech Trends Shaping Retail: From AI to Blockchain appeared first on HIPTHER Alerts.
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