In February 2020, Canadian banks froze assets of truckers protesting against vaccine mandates called Freedom Convoy. This is known as financial censorship and it can happen to anyone. Can decentralized crowdfunding combat financial censorship? Find out in this Forkast video explainer. What you’ll learn: How financial censorship highlights the downsides of centralized crowdfunding. How Freedom […]
Notwithstanding this bear market, Web3’s more pressing issue is its inability to handle large volumes, writes Greg Gopman. Can sidechains offer a solution?
With NFT trading volumes slumping and regulators stepping in, Vignesh Sundaresan, who paid US$69 million for a Beeple artwork, shares his views on the space.
The big data market had an estimated value of US$162.2 billion in 2021, where most of the revenue came from personal data. As centralized online platforms are generating eye-watering revenues from users’ digital footprints, data owners and producers get nothing in return. Can blockchain-based Web3 identity return personal data ownership to users? Find out in […]
Did you know that average global transactions cost up to 6.5% in remittance fees? This can even go up to 20% for certain countries. Some developing nations pay up to US$600 billion in remittances every year. Could blockchain offer a better option for cross-border transactions? Find out in this Forkast video explainer. What you’ll learn: […]
Most banks offer short-term loans for emergency situations. But what about the 1.7 billion adults around the world with no access to banking services? Can blockchain offer an alternative solution? Find out in this Forkast video explainer. What you’ll learn: How lack of banking infrastructure affects underdeveloped regions. How blockchain can democratize access to banking […]
Despite its rising popularity, GameFi has lessons to learn from Web 2.0 and elsewhere before it can gain a comparable user base, says Ethlas chief Wui Ngiap Foo.
An open and interoperable metaverse economy will drive consumer activity — and it’s on a similar track for growth as e-commerce, writes Ben Caselin of AAX.
Singapore investment behemoth Temasek has been in the digital asset space for several years, and it’s doubling down on its commitment, says its blockchain chief.
The downturn is forcing Web3 firms into a reset — and opening opportunities for Web2 entrepreneurs to enter the playing field, writes Lily Z. King of Cobo.
Web 3.0 lifestyle app, StepN, was hit by a denial-of-service attack. Meanwhile, South Korean students are looking at metaverse as a platform to prepare for exam.
Cryptocurrency companies in the Philippines await legislation from the new Ferdinand Marcos Jr. administration on how the government will tax the industry. Some are worried.
Did you know that 38% of Americans lack confidence in election fairness? No wonder, since the paper ballot voting system has been in place since the beginning of the 19th century. Can a blockchain-based voting system restore trust in democratic elections? Learn more about the promise of blockchain voting in this Forkast video explainer. What […]
Did you know that the supply chain is responsible for 90% of companies’ environmental impact? This is because our fragmented logistics process doesn’t account for the environmental cost of the products. Can blockchain help create a global environmental standard? Find out in this Forkast video explainer. What you’ll learn: How blockchain can track the environmental […]
While the banking system has been working well for citizens in first-world economies, people in underdeveloped regions often struggle to gain access to the same financial services that others are taking for granted. Can a blockchain-based financial system restore financial neutrality and bank the world’s unbanked? Find out in this Forkast.News video explainer. What you’ll […]
Flament’s comments come as governments around the world step up regulation of the sector plagued by frequent frauds, high-profile run-on-the-banks and misrepresentation from the anonymity blockchain and cryptocurrency offer.
In a special op-ed, 2 former CFTC chiefs and a crypto executive make the case for why the US must prioritize policies that support the new Web3 economy.