Crypto conferences have continued to take the world by storm, being the epicentre for revolutionary concepts, gathering places for headline speakers, and entertainment for the wider population, with side events featuring the world's most-known celebrities. With so much attention being drawn to these events, many organizations have recognized their impact in not only promoting cryptocurrencies themselves but also in demonstrating the asset’s utility in other industries. Consider some examples. In the most recent 2022 Grammys, the world saw a prestigious music award ceremony also become the location of thought-provoking discussions on NFTs. Not to mention, The World Economic Forum's Davos …
Natural disasters in the United States are becoming more prevalent, resulting in increasing costs, a lack of transparency between state and government organizations, and a slew of other issues impacting relief systems. The Pew Research Center found that the Federal Emergency Management Agency’s (FEMA) public assistance program spent 23% more on natural disasters between 2010 and 2019 than it did from 2000 to 2009. Data from Climate.gov further shows that 2021 was the third-costliest year in history for natural disasters in the U.S., totaling over $145 billion in damages from 20 weather-related incidents. But as disasters become more common and …
Expected to reach a market size of $128 billion by 2028, the longevity sector is no longer something that those outside the medical world can ignore. In the next few years, life-extending technologies and treatments for aging-related diseases will reach human trials. There is an exciting wave of development happening in research labs and technology centers across the globe, with more and more early adopters embarking on their longevity journeys. As I’ve remarked in my earlier article, the crypto community would do well to learn more and engage in the growing longevity field. Longevity not only incorporates disruptive technologies, such …
The crypto world is well known for its volatility. Especially in the early days, digital assets experienced wild price swings, gaining or losing double-digits in the course of a day. It appears that the current bear market is no exception to this trend. While wild price swings provide opportunities to make gains — if you’re lucky enough — the volatile behavior of digital assets can pose a threat to the mental and emotional health of investors. Mental health is an extremely important aspect of human life, which, until recently, wasn’t given much importance in mainstream media and discourse. Finances and …
It’s predicted that nonfungible tokens (NFTs) will have a vast impact on society. Given this, it shouldn’t come as a surprise that the trillion-dollar healthcare sector has begun to explore NFTs tokens to advance medicine. It’s also important to point out that blockchain technology can play an increasingly important role within the healthcare sector. This was recently highlighted in a report from the European Union Blockchain Observatory, which specifically documents how blockchain applications can solve challenges facing the healthcare industry. For example, the paper notes that patient engagement and transparency of how data is stored, along with the effective distribution …
MSP Recovery LLC, a healthcare recovery firm based in Miami, United States and valued in the region of $32.6 billion, has announced a collaborative partnership with Web3 solution Tokenology to launch a fraud-prevention blockchain platform, titled Lifechain. Lifechain will seek to utilize the verifiable and transparent nature of blockchain technology to enhance the accessibility of healthcare charges, claims and medical records for patients and industry professionals. MSP Recovery’s consumer application LifeWallet — which launched in January this year and has since registered over 1 million users, according to recent data — will house the technology alongside a tokenized solution LifeCoin. …
Asia-based genomics firm Genetica and Web3 data management firm Oasis Labs have partnered to tokenize genomics profiles with the aim to enhance genomics-based precision medicine. In an announcement sent to Cointelegraph, the firms noted that Genetica will migrate 100,000 genomic data profiles to the Oasis Network. These profiles will allow the data owners to have full control and knowledge of how their genetic data is being used. The partnership is also backed by Vietnamese government officials who are very supportive of Web3 technologies and data rights. According to Nguyen Chi Dung, who is from the Ministry of Planning and Investment …
New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. Its impact is being felt not only in the rarified confines of high-tech labs but more broadly in the business world as well. Psychedelics and longevity Paul Kohlhaas, co-founder and CEO of Molecule — a platform for biotech decentralized autonomous organizations (DAOs) founded in 2019 — spoke about pharmaceutical research and its funding on the Zima Red podcast in April. “We believe it could be way cheaper, if it was coordinated …
South Korean automobile manufacturer Hyundai announced on Monday that it has partnered with the “Meta Kongz” nonfungible token (NFT) project to create a limited collection of 30 NFTs launching sometime in May 2022. Hyundai also created a new Twitter handle, @Hyundai_NFT, for its NFT-related communications and posted a video showing an animated Meta Kong riding through space in a 1975 Hyundai PONY. Hyundai x Meta Kongz introduces Hyundai Metamobility universe. Check out this aweeeesome creature’s breathtaking adventure with Hyundai PONY.@Hyundai_Global @meta_kongz pic.twitter.com/w0iLPHxe5d — Hyundai_NFT (@Hyundai_NFT) April 17, 2022 Included in the announcement was a teaser for a further “Shooting Star …
The EU Blockchain Observatory published its fifth report under the headline “Blockchain Applications in the Healthcare Sector.” The document highlights the importance of distributed ledger technology for the European healthcare sector, which faces a number of challenges on its route to the “Healthcare 4.0” revolution. The 66-page document was announced on the EU Blockchain Observatory's Twitter on April 11. Its authors take an optimistic perspective on the implementation of blockchain technology in healthcare, noting its compatibility with the core principles of “Healthcare 4.0”, such as interoperability, virtualization, decentralization, real-time capability, service orientation and modularity. Below are 7 key takeaways from …
When a respected member of Crypto Twitter and the Deadfellas nonfungible token (NFT) community detailed the immense financial burden of his cancer treatment, the crypto community demonstrated its kindness and generosity by donating over $73,000 in funds. Yopi, known as @kuiyopi on Twitter, joined the crypto ecosystem in July 2021. He discovered that crypto served as a welcome distraction to his health concerns and even provided moments of joy and entertainment during his 6-month chemotherapy schedule. Throughout this time, he enjoyed the content of crypto personalities such as Cobie, opened up on his attempts to learn Spanish, and reveled in …
Investing in any financial asset can be a tricky exercise, but this is especially true for the fast-paced cryptocurrency market, which comes with its own unique set of pitfalls and challenges. A popular saying dictates that it takes 10,000 hours to master a skill and become an expert. In cryptoland time, this is measured in market cycles, which subject each trader to a few trips on the roller coaster of volatility as a crash course on navigating the market. Here are five important lessons every trader should learn when it comes to investing in cryptocurrency bull markets. Rule #1: No …