United Arab Emirates is hosting smart economy conference

Dubai is organizing ArabNet Digital Summit on April 30 - May 1 to discuss the perspectives of smart economy and the future of financial services
13 April 2018   607

ArabNet Digital Summit is coming to Dubai on April 30 - May 1 with the help of NextMoney. The event is organized by ArabNet at Madinat Jumeirah Conference Center. The summit will explore the trends and opportunities in financial technology, banking, and transactional businesses. In addition to that, topics like artificial intelligence, big data, blockchain and the potential they have in the bank and financial services sectors. Among the partners of the forum of money are ConsenSys and Bloomberg Businessweek.

Another forum that will be part of the summit is smart economy forum. It will feature topics like applications of blockchain technology, driving progress through big data, and the evolving role of digital enterprises. A vision of the cities of the future is on the agenda as well. Partners of the forum include Xische&Co and Smart Cities New York.

To see more details you can visit the official website of the event.

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   111

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.