Nansen Expands Into Bitcoin Layer 2 With Bitlayer Analytics Nansen, a leading blockchain analytics provider, is expanding its reach into Bitcoin’s Layer 2 ecosystem by introducing analytics for Bitlayer. This move highlights the growing importance of scaling solutions for Bitcoin and the need for tools that provide actionable insights into their adoption and performance. Bitlayer, designed to enhance Bitcoin’s scalability and efficiency, benefits from Nansen’s ability to track wallet activity, transaction flows, and user behaviors. These analytics will enable developers, investors, and businesses to better understand the dynamics of this scaling solution, fostering trust and informed decision-making in the ecosystem. Nansen’s tools focus on transparency and usability, helping users decipher the complexities of blockchain networks. The introduction of analytics for Bitcoin Layer 2 aligns with the broader goal of enhancing accessibility and creating an environment where data-driven decisions support growth and innovation. Expanding its analytics to Bitlayer signifies Nansen’s commitment to empowering the blockchain community with reliable and precise data. This development marks an important step in integrating advanced analytics into Bitcoin’s ecosystem, ensuring scalability solutions are both functional and well-understood by the broader audience. https://lnkd.in/gZaUg29e
OGBC Innovation Hub
Information Services
Singapore , Singapore 184 followers
One shot to change the world. We are a global innovation hub supporting founders in bringing their vision to life.
About us
At OGBC, we work with new up-and-coming crypto start-ups to build the infrastructures of tomorrow. By leveraging our expertise, network, and resources within the crypto space, companies can double down on developing innovative and valuable solutions for the growing number of users within the blockchain industry.
- Website
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www.ogbc.com
External link for OGBC Innovation Hub
- Industry
- Information Services
- Company size
- 201-500 employees
- Headquarters
- Singapore , Singapore
- Type
- Nonprofit
Locations
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Primary
20 Cecil Street
Level 4
Singapore , Singapore 049750, SG
Employees at OGBC Innovation Hub
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Jayden Wei
Serial Entrepreneur, Angel Investor & Start-Up Advisor | AI, Blockchain & Decentralized Applications | Driving the innovation & growth with companies…
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charles adeolu otenaike
marketing at ogbc
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Alfred H.
Co-founder @OGBC | Angel Investor | Web3 Enthusiast | NFT Collector
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Chloe undefined
Content Writer at OGBC Innovation Hub
Updates
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The Unexpected Journey of ChatGPT: From Experiment to Internet Icon When OpenAI launched ChatGPT in late 2022, the team envisioned it as a "research preview," a chance to refine GPT-3 by gathering user feedback. What they didn’t anticipate was its meteoric rise to become one of the most popular applications on the internet. Designed as an experimental tool, it transformed into a cultural phenomenon, used for everything from drafting essays to exploring complex concepts. The development process wasn’t without its challenges. Engineers focused on addressing inherent flaws in large language models, such as factual inaccuracy and bias. User feedback became an essential part of refining ChatGPT, helping OpenAI identify areas where the model excelled and where it struggled. This iterative approach highlighted the value of real-world usage in shaping AI tools. Since its launch, OpenAI has worked to improve the chatbot’s capabilities while navigating ethical dilemmas around its deployment. Updates have focused on balancing performance improvements with safety measures to ensure responsible use. This dual focus has helped OpenAI maintain ChatGPT’s relevance while addressing user concerns about accuracy and misuse. The story of ChatGPT offers an understanding of how iterative development and community feedback can elevate experimental technology into a global sensation. OpenAI’s journey reflects the unpredictable nature of innovation, where even modest beginnings can lead to groundbreaking outcomes. https://lnkd.in/d9hS8rVa
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Digital Memories: AI’s Role in Preserving Connection In the intersection of technology and personal loss, AI is introducing new ways to remember and reconnect with loved ones who have passed on. Across China, a growing trend involves creating digital replicas that mimic the voices, faces, and personalities of lost family members. These AI-driven reconstructions allow individuals to “converse” with digital versions of their loved ones, capturing the nuances of personal relationships in ways that were once unimaginable. This technology employs deep learning to process images, recordings, and data, creating responses and mannerisms that reflect the individual it replicates. These digital avatars often respond in ways reminiscent of how loved ones interacted in life, creating a sense of presence that offers comfort to grieving families. For many, these digital versions serve to maintain a meaningful connection to the past. Such advancements, however, bring complex ethical questions around memory, identity, and authenticity. While some find solace in these AI-preserved connections, others are concerned about the implications of maintaining memories in digital form. Questions arise about where memory ends and replication begins and how future generations will relate to these digital legacies. As AI technology progresses, so will our approach to memory, grief, and personal legacy. Digital memories may redefine how society views loss and remembrance, shaping how we honor and connect with loved ones across generations. https://lnkd.in/eFjEi2dF
Deepfakes of your dead loved ones are a booming Chinese business
technologyreview.com
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Escape Hatches: A Path to Strengthening Crypto’s Reputation In the evolving crypto landscape, “escape hatches” are gaining traction as a safeguard for users, addressing long-standing security concerns. These features provide a built-in safety net, enabling users to recover assets from compromised smart contracts or wallets without the need for a central authority. This approach aligns with the decentralization ethos that defines blockchain technology while offering a much-needed layer of protection. Escape hatches are particularly useful in cases where assets are locked in a smart contract due to technical issues or errors. By providing an automated asset recovery option, escape hatches help users avoid permanent losses and restore control over their funds. This added functionality is likely to make crypto more approachable to mainstream users who may otherwise hesitate due to fears of irreversible mistakes. The implementation of escape hatches could foster greater transparency within the blockchain ecosystem. Through thoughtfully designed smart contracts, users can access an extra layer of security, building confidence in DeFi platforms and other crypto applications. Knowing there’s a safeguard in place may encourage broader adoption by lowering transaction risks. As the industry matures, escape hatches may become a standard feature, contributing to a reputation for responsibility and reliability. For a sector often critiqued for security vulnerabilities, introducing such features reflects an evolution in crypto technology focused on user needs without compromising on decentralization principles. https://lnkd.in/gJKf4pb5
How Escape Hatches Can Boost Crypto’s Reputation
coindesk.com
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AI-Enhanced Breast Cancer Screening: A Game-Changer for Diagnostics Recent research has highlighted how AI is transforming breast cancer screening, offering radiologists heightened accuracy and reduced workloads. Conventional mammography involves examining thousands of images, a time-consuming process prone to human error. AI steps in to streamline this, analyzing mammograms efficiently and pinpointing cancer indicators with impressive precision. This helps medical professionals manage their workload effectively while ensuring patients receive timely and accurate diagnoses. The technology’s primary advantage is its ability to detect subtle patterns in mammograms that may elude even trained eyes. Trained on extensive datasets, these algorithms can identify irregularities at early stages, improving patient outcomes by flagging cases that require further investigation. This makes the diagnostic process faster and more reliable, allowing radiologists to focus on critical cases. Beyond speed and accuracy, AI can help standardize diagnostics, reducing variability between practitioners. This consistency is valuable in resource-limited healthcare settings where patient volumes are high, and the quality of screenings can be impacted. AI-driven analysis provides a reliable secondary review, enhancing the quality of care provided. Adopting AI in breast cancer screening reflects a broader trend in medical diagnostics, with applications extending beyond oncology. This approach showcases technology’s potential to complement human expertise, making healthcare more efficient, accessible, and precise across various settings. https://lnkd.in/gSTem23C
Doctors using AI catch breast cancer more often than either does alone
technologyreview.com
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The Thought Leaders Roundtable with 张美香 returned to #OGBC for another inspiring session! 🌟 Engaging discussions on mindset, innovation, and leadership brought great energy to the space. Huge thanks to all who joined—looking forward to more impactful events!
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Embracing the Rise of Robots: Opportunities, Not Threats Automation and robotics are reshaping industries worldwide, and their rise should be viewed as an opportunity rather than a threat. Robots are taking over repetitive, dangerous, and tedious tasks, allowing human workers to focus on more creative and strategic roles. By increasing efficiency, reducing errors, and cutting costs, robotics is enhancing productivity across sectors. While there are concerns about job displacement, the shift could lead to new opportunities. As robots handle the more mundane tasks, industries will need workers skilled in maintaining, programming, and innovating around these technologies. This change opens doors to education, reskilling programs, and job roles that didn’t exist before, helping drive an evolution in the workforce. Robots also contribute significantly to solving challenges in critical areas such as healthcare, logistics, and manufacturing. In healthcare, they assist with surgeries, patient care, and diagnostics, making treatments faster and more accurate. In manufacturing and logistics, robots improve speed and safety, ensuring businesses can scale efficiently and meet growing consumer demands. Instead of fearing automation, industries and governments should focus on how to manage the transition effectively. Investing in education, developing new policies, and creating a more agile workforce can ensure that the rise of robotics benefits both the economy and society as a whole. https://lnkd.in/eTmsvyUR
The robots are coming. And that’s a good thing.
technologyreview.com
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SBI CEO: XRP Integration Across All Japanese Banks by 2025 The CEO of SBI, one of Japan’s largest financial groups, has projected that by 2025, every bank in the country will be utilizing XRP for cross-border payments. This bold vision aligns with Japan’s increasing interest in leveraging blockchain technology to modernize its financial systems and enhance operational efficiency. XRP’s ability to facilitate near-instant settlement at lower costs makes it an attractive option for streamlining cross-border transactions. By incorporating XRP, Japanese banks could enhance their infrastructure, providing quicker, more cost-effective payment solutions to meet customer expectations. This move could set Japan apart as a leader in the adoption of digital assets within traditional banking. The wider integration of XRP could also influence the global financial landscape, encouraging other nations and financial institutions to explore similar blockchain-based solutions. As more banks turn to digital currencies for improved payment processes, this trend may drive innovation across the banking sector, reshaping how international transactions are handled. With the year 2025 approaching, the global financial industry is watching closely to see how XRP adoption evolves in Japan and what it could signal for the broader acceptance of cryptocurrencies in traditional finance. https://lnkd.in/gyV9NzNa
Every Bank in Japan will use XRP by 2025
https://cryptoinsider.blog