The AI-Powered Future: Worldcoin’s Vision for a Decentralized Society Worldcoin, a pioneering cryptocurrency project co-founded by Sam Altman, CEO of OpenAI, and led by CEO Alex Blania, has garnered attention and sparked discussions with its innovative approach to solving global identity system problems through decentralized technology. …

Hi OAX community, Welcome back to our community blog! Let’s dive into the highlights of the latest developments in the month of August. Despite the market’s volatility, we have witnessed some remarkable progress in exploring use cases in the crypto space. As we have written a deep dive on how…

We’re listening: the time is right for feedback Banks and fintechs are now focusing on pragmatic applications for DLT — and as the history of innovation has repeatedly shown, consumer decisions will be a major factor in shaping how the technology is developed for mass market applications. By focusing on…

A New Wave of Layer-2 Scaling Solutions Ethereum layer-2 protocols are additional blockchains that operate alongside or on top of the Ethereum network to overcome its scalability challenges. Unlike Ethereum, which can handle a limited number of transactions per second, leading to high fees and delays, layer-2 solutions aim to enhance scalability by processing a higher volume…

OAX July Community Update Hey OAX community, The digital asset space has been buzzing with activity over the last month. We have seen major developments such as the ongoing crackdown of tokens considered securities by the US government, Ripple (XRP) winning a crucial court case, which is only a partial…

The digital asset industry has been battling negative press for a while, but the trend for major financial institutions to provide their clients with access to digital asset investments continues. According to a recent report by Coinbase, over 52% of Fortune 500 companies have invested in crypto, blockchain or web3…

Hi OAX community, With the month drawing to a close, it is encouraging to see digital assets gaining wider acceptance from traditional asset management. The recent news of BlackRock, the world’s largest asset manager, filing an application with the SEC for a Bitcoin spot ETF is a significant development for…

Despite Regulatory Challenges, Digital Asset Space Shows Resilience With cryptocurrencies continuing to gain mainstream acceptance, it’s no surprise that regulatory scrutiny of the industry is also increasing, as shown by the recent allegations made by the US SEC against two of the world’s biggest crypto exchanges, Binance and Coinbase. The SEC have also named several tokens, including SOL…

Turbocharging decentralized experiences through artificial intelligence The rise of OpenAI’s language model ChatGPT, the deep learning model designed to parse a vast pool of text on the internet to produce human-like text responses, has also generated sensational headlines suggesting that AI is rapidly becoming an existential threat to humankind. What’s…