September 2023

Musée d’Orsay Ventures into NFTs to Engage Contemporary Audiences

In 2021, Musée d’Orsay, the eminent Parisian establishment housing the world’s largest collection of Impressionist and Post-Impressionist masterpieces, found itself grappling with dwindling visitor numbers in the fluctuating climate of Covid lockdowns. Despite optimistic notions within the staff about the intrinsic French devotion to cultural pursuits, the expected resurgence in attendance did not materialize post-lockdowns. […]

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PayPal Progresses in Blockchain Ecosystem with NFT Transaction System

In a significant move forward within the realm of blockchain technology, PayPal has filed a patent application related to the purchasing and transferring of nonfungible tokens (NFTs). This application, which was made public on September 21, had been filed in March and delineates a methodology for executing transactions with NFTs, both on-chain and off-chain. The

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Bugatti Launches Its Exclusive NFT Collection on Bitcoin

Bugatti’s non-fungible tokens (NFTs) are set to land in the Bitcoin wallets of Ordinals collectors. 99 of the 111 pieces in this series are already available for sale on Osura, a marketplace reserved for exclusive and elite digital works. Automobile manufacturer Bugatti, in collaboration with the nearly three-century-old English jeweler, Asprey, have united to create

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Buenos Aires Introduces QuarkID: A Revolutionary Blockchain-Based Identification System

  Buenos Aires is stepping into the future with the introduction of a cutting-edge identity solution, QuarkID, leveraging Blockchain and ZK technology. This innovative system ensures that citizens can securely consolidate their credentials. The inhabitants of Buenos Aires are on the brink of reclaiming control over their personal information with this novel digital identification solution

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El Salvador’s Economic Evolution Led By Tourism & Bitcoin

In its most recent report, the business division of the institution, Santander Corporate & Investment Banking, highlighted a 30% year-on-year increase in tourism to El Salvador, much of it driven by bitcoin. Grupo Santander mentioned that bitcoin (BTC) is playing a significant role in the economic transformation that El Salvador is undergoing, as the digital asset

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Blockchain Cities: Shanghai Case

  The government of Shanghai has unveiled ambitious plans to implement blockchain technology in city management, aiming to virtualize governmental processes. These plans, announced in June, are part of a broader effort by China to embrace and integrate blockchain technology into its governmental infrastructures and systems. Development of Blockchain Infrastructure Shanghai is investigating advanced technologies

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European Union Allocates Funds to Study Environmental Impact of Crypto

  In a move reflecting its commitment to environmental sustainability, the European Union has earmarked a budget of 800,000 euros to investigate the environmental impacts of cryptocurrencies. This initiative underscores the EU’s resolve to mitigate the perceived substantial environmental damage attributed to the operations of the cryptocurrency industry. Aiming for Sustainable Cryptocurrency Operations The study,

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