Blockchain
Leading Automotive and Sustainability Executives Join eTukTuk as Advisors to Promote Sustainable Transport
eTukTuk, a blockchain-based electric vehicle (EV) and charging station ecosystem, today announces the appointment of three prominent executives to its Board of Advisors.
Joining the Board of Advisors is a group of leaders in the automotive and sustainability spaces including Niro Cooke, Group Director on the Main Board of Capital Maharaja; Sheran Fernando, Co-Founder of InnoSolve Lanka; and Dimantha Jayawardena, President of SLACMA, the Sri Lankan Automotive Component Manufacturers Association.
The advisors boast unmatched professional experience across multiple disciplines and industries including the development of large-scale government infrastructure and energy projects, the formulation of mobility policy in Sri Lanka, and at the highest levels of government. The advisors will be responsible for working directly with the eTukTuk team as it continues to develop its sustainable and accessible network of charging stations and electric vehicles within Sri Lanka, where the project is set to launch later this year.
Niro Cooke, Group Director on the Main Board of Capital Maharaja, will provide the team with knowledge in navigating Sri Lanka’s current electric vehicle infrastructure. Cooke said: “eTukTuk is redefining transportation in the developing world. Creating incentives for people to make the switch from Zero Emission Vehicles (ZEVs) to EVs is the next step in achieving wide-scale EV adoption. At Capital Maharaja, we believe in having the courage to be different; working with a company like eTukTuk which shares this ethos aligns well with our values.”
Sheran Fernando, Co-Founder of InnoSolve, will bring expertise in the digitalisation of mobility and a distinguished voice in the formulation of mobility policy in Sri Lanka. Commenting on his appointment, Fernando said: “Having worked in both the mobility and sustainability industry for many years, I’m looking forward to bringing my knowledge of the local transport sector to eTukTuk as it rolls out its sustainable and accessible transportation solution in Sri Lanka.”
Dimanta Jayawardena, President of SLACMA, the Sri Lankan Automotive Component Manufacturers Association, will support the team with his prior experience in navigating the Sri Lankan transport and manufacturing system, thus delivering an improved one. Jayawardena commented: “eTukTuk and I share a vision for Sri Lanka’s transport and manufacturing system and together we’re committed to delivering the best transportation and manufacturing system possible to the drivers and users of TukTuks – and electric vehicles across the country. I believe this journey with the eTukTuk team will make a real difference to the transportation system as we know it.”
eTukTuk’s Chief Information Officer, Seth Ward said: “Cooke, Fernando, and Jayawardena’s participation in the development of eTukTuk will help contribute to the expansion of the project, and be of tremendous value to our team as we gear up to launch our network in Sri Lanka later this year.”
Seth Ward, Chief Information Officer at eTukTuk, Niro Cooke, Group Director on the Main Board of Capital Maharaja, Sheran Fernando, Co-Founder of InnoSolve Lanka, and Dimanta Jayawardena, President of SLACMA, are available for interview.
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.
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Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
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