Tokenisation

Meta introduced the next generation of its artificial intelligence (AI) models, Llama 3 8B and 70B, on Thursday. Shortened for Large Language Model Meta AI, Llama 3 comes with improved capabilities over its predecessor. The company also adopted new training methods to optimise the efficiency of the models. Interestingly, with Llama 2, the largest m...

BlackRock plans to offer a tokenized fund through a partnership with Securitize, a digital-asset firm specializing in tokenization. The firm is set to become the latest Wall Street behemoth to experiment with putting money on blockchains. Securitize already is working with KKR, Hamilton Lane and others for tokenized funds.

The global Web3 industry is set to see the rise of certain market trends in the year 2024. As per Vikram Subburaj, the CEO of India’s Giottus crypto exchange – DeFi, Layer-2 blockchain networks, asset tokenisation, and AI tokens are expected to rise in popularity in the Web3 landscape.

The UNDP is a branch of the UN that is focussed on helping poverty-ridden parts of the world is now getting ready to train its staff members across the world on blockchain and Web3. To do so, the UNDP has partnered with the Algorand Foundation, a non-profit body that supports the eco-friendly green blockchain Algorand.

Bitcoin? It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets.

Microsoft has struck a partnership with Aptos Labs to merge AI with blockchain for industry-level solutions. As part of the deal, Aptos will utilise Microsoft’s AI infrastructure to curate industry solutions related to banking, agriculture, health, and education among other sectors.

India is among the fastest global adopters of DeFi, Dilip Chenoy, the chief of India's crypto advocay group, Bharat Web3 Association told Gadgets 360. Chinoy said, Web3 elements like asset tokenisation and the eRupee CBDC are likely to make Indians more comfortable with dabbling in the Web3 sector via real estate, art, supply chain, and gaming amon...

Reddit has launched the fourth generation of its digital avatars, created on the eco-friendly Polygon blockchain. The name of this NFT collection is ‘Retro Reimagined’. Each tokenised avatar from this collection will cost between $2.49 (roughly Rs. 205) and $199.99 (roughly Rs. 16 lakh).

Mastercard is gearing up to launch its ‘Multi-Token Network (MTN)’ in its beta version in the UK in the coming months. With the MTN, Mastercard is exploring if the unit of money in an individual’s bank account could be transformed into a digital saving on the blockchain. This could open more use cases of digital money, the company believes.

Hong Kong has launched its e-HKD CBDC into pilot. This essentially means that Hong Kong will be conducting tests to determine how the CBDC could be used to process full-fledged payments, programmable payments, offline payments, tokenised deposits, settlement of Web3 transactions as well as settlement of tokenised assets.

The National Payments Corporation of India (NPCI) on Monday said RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on the merchant application or webpage.

Asset tokenisation is the process of creating digital units of a physical or virtual property that is held on blockchain networks. They may be exotic ones like sports teams, artworks, and celeb merchandises as well as traditional assets like binds, commodities, capital funds, and real estate. Tokenising an asset can increase the liquidity of the as...

About 35 crore cards have been tokenised and the system is ready for the new norms which set in from October 1, the Reserve Bank said on Friday.

Debit and credit card details like 16-digit card number, name, expiry date and CVV, are required during an online transaction.

The RBI has mandated that all credit and debit card information used for online transactions be replaced with unique tokens.

Meta introduced the next generation of its artificial intelligence (AI) models, Llama 3 8B and 70B, on Thursday. Shortened for Large Language Model Meta AI, Llama 3 comes with improved capabilities over its predecessor. The company also adopted new training methods to optimise the efficiency of the models. Interestingly, with Llama 2, the largest m...

BlackRock plans to offer a tokenized fund through a partnership with Securitize, a digital-asset firm specializing in tokenization. The firm is set to become the latest Wall Street behemoth to experiment with putting money on blockchains. Securitize already is working with KKR, Hamilton Lane and others for tokenized funds.

The global Web3 industry is set to see the rise of certain market trends in the year 2024. As per Vikram Subburaj, the CEO of India’s Giottus crypto exchange – DeFi, Layer-2 blockchain networks, asset tokenisation, and AI tokens are expected to rise in popularity in the Web3 landscape.

The UNDP is a branch of the UN that is focussed on helping poverty-ridden parts of the world is now getting ready to train its staff members across the world on blockchain and Web3. To do so, the UNDP has partnered with the Algorand Foundation, a non-profit body that supports the eco-friendly green blockchain Algorand.

Bitcoin? It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets.

Microsoft has struck a partnership with Aptos Labs to merge AI with blockchain for industry-level solutions. As part of the deal, Aptos will utilise Microsoft’s AI infrastructure to curate industry solutions related to banking, agriculture, health, and education among other sectors.

India is among the fastest global adopters of DeFi, Dilip Chenoy, the chief of India's crypto advocay group, Bharat Web3 Association told Gadgets 360. Chinoy said, Web3 elements like asset tokenisation and the eRupee CBDC are likely to make Indians more comfortable with dabbling in the Web3 sector via real estate, art, supply chain, and gaming amon...

Reddit has launched the fourth generation of its digital avatars, created on the eco-friendly Polygon blockchain. The name of this NFT collection is ‘Retro Reimagined’. Each tokenised avatar from this collection will cost between $2.49 (roughly Rs. 205) and $199.99 (roughly Rs. 16 lakh).

Mastercard is gearing up to launch its ‘Multi-Token Network (MTN)’ in its beta version in the UK in the coming months. With the MTN, Mastercard is exploring if the unit of money in an individual’s bank account could be transformed into a digital saving on the blockchain. This could open more use cases of digital money, the company believes.

Hong Kong has launched its e-HKD CBDC into pilot. This essentially means that Hong Kong will be conducting tests to determine how the CBDC could be used to process full-fledged payments, programmable payments, offline payments, tokenised deposits, settlement of Web3 transactions as well as settlement of tokenised assets.

The National Payments Corporation of India (NPCI) on Monday said RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on the merchant application or webpage.

Asset tokenisation is the process of creating digital units of a physical or virtual property that is held on blockchain networks. They may be exotic ones like sports teams, artworks, and celeb merchandises as well as traditional assets like binds, commodities, capital funds, and real estate. Tokenising an asset can increase the liquidity of the as...

About 35 crore cards have been tokenised and the system is ready for the new norms which set in from October 1, the Reserve Bank said on Friday.

Debit and credit card details like 16-digit card number, name, expiry date and CVV, are required during an online transaction.

The RBI has mandated that all credit and debit card information used for online transactions be replaced with unique tokens.