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Blockchain Education: Are blockchain and cryptocurrencies the same?
A commonly asked question among those new to crypto is whether or not blockchain and cryptocurrency are the same. The answer is no. Below are some bullet points that may help with understanding the difference between blockchain and cryptocurrency.
Blockchain is a technology that allows for the creation of a decentralized, digital ledger of transactions that is protected against alteration and tampering.
Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank.
Cryptocurrency is a specific application of blockchain technology.
While blockchain is the technology underlying many cryptocurrencies, it has other potential uses beyond the financial industry.
Korean, Israeli Students Meet In Virtual Embassy In The Metaverse
In September of last year, the Embassy of Israel in Korea became the first to establish a virtual embassy in the metaverse. This virtual space is being utilized as a platform for language and culture exchange between Korea and Israel. Recently, students from the Korean Studies Program at the Hebrew University of Jerusalem and the Hebrew class at Hankuk University of Foreign Studies met at the virtual embassy to engage in conversation. Each student created an avatar and navigated to the E=MC2 conference room on the second floor, where they introduced themselves and gave presentations on winter activities in their respective countries. The Korean students presented in Hebrew and the Israeli students presented in Korean. [Source: The Korea Times]
ChatGPT Creator OpenAI and Microsoft Announce Extended Partnership
According to OpenAI, the partnership with Microsoft "will enable us to continue our independent research and develop AI that is increasingly safe, useful, and powerful." The company emphasizes that it "remains a capped-profit company and is governed by the OpenAI non-profit."
The deal allows OpenAI to "raise the capital we need to fulfill our mission without sacrificing our core beliefs about broadly sharing benefits and the need to prioritize safety." OpenAI has acknowledged Microsoft's alignment with its values, noting the multiple ways that the collaboration has been beneficial to its endeavors.[Source: Watcher Guru]
US Banks Join Hands to Launch Digital Wallet That Will Compete With PayPal & Apple Pay
The Wall Street Journal reports that several major U.S. banks are teaming up to launch a digital wallet that will compete with PayPal and Apple Pay. The participating banks include Wells Fargo, Bank of America, JP Morgan Chase, and four others. They are working together to create a wallet that can be used for online checkout and payments with merchants and can also be connected to debit and credit cards. [Source: Watcher Guru]
Food For Thought
"A frog decided one day that he was going to climb a tree and reach the very top. All the other frogs shouted at him saying: 'It's impossible, it's impossible...' But the frog climbed the tree and reached the top. How? Because he was deaf and thought that everybody was encouraging him to reach his goal. Be deaf to negative thoughts, if your aim is to reach your goals."
- Shared by Rob Schram
“Mindset is the driving force in the quest for success and achievement. A mindset that combines discipline, strength, confidence & ambition is a powerful mindset. this can achieve anything it sets its sights on”
- Shared by RudyMoon
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