The End of Creativity Labor in Marketing as AI Steps Forward?
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Elon Musk's X Obtains Required License for Crypto Payments
Elon Musk's X, formerly known as Twitter, obtained a "Currency Transmitter" license from the state of Rhode Island. It will allow to storage, transfer, and exchange of digital assets on behalf of its users. The license is a key step in X's becoming a more crypto-friendly platform. In recent months, Musk has repeatedly hinted that […]
SEBA Bank Secures Approval for Hong Kong Crypto Services
SEBA Bank can offer crypto services in Hong Kong. The Swiss bank that supports cryptocurrencies received initial approval from the Hong Kong Securities and Futures Commission (SFC) for offering the service. This approval allows SEBA Bank to offer over-the-counter: However, the Hong Kong branch cannot convert fiat currencies to cryptocurrencies. Clients can go to SEBA […]
OpenAI Launches ChatGPT Enterprise, a Business-Grade Chatbot
OpenAI launched a new AI-powered chatbot called ChatGPT Enterprise. It is specifically designed for businesses, offering features not found in the consumer version of ChatGPT. Related Articles LAB51 on ChatGPT Enterprise The launch of ChatGPT Enterprise is a significant development in the field of AI chatbots. However, it is important to note that the tool […]
ElevenLabs AI Voice Generator & Legal Implications
ElevenLabs, a company specializing in AI voice generation, announced that its voice cloning technology is now fully released and available. The company targets media companies such as publishers and video game developers as potential customers for their technology. ElevenLabs' voice cloning technology enables users to create AI-generated voices that mimic any person's voice. This can […]
The Trump NFT Craze: A Sign of Support or Profiteering?
The value of Trump NFT increased significantly after his mugshot was made public on August 24, 2023. In the photo, Trump looks angry as he submits to authorities in Georgia, making it the first time a current or former U.S. president's mugshot has gone viral due to criminal charges. This sudden rise in popularity of […]
Banking Evolution in the Age of Bitcoin: Adapting or Fading Away?
During the first days of May 2023, we witnessed two major financial events regarding Bitcoin and the financial system. Let’s discuss these in the context of the larger financial system. Is there a connection between the two? The traditional banking system is actually failing? Is crypto going to replace it? Things are moving fast in […]
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How to Participate in a DAO: A User-Friendly Guide
Decentralized Autonomous Organizations (DAOs) are a groundbreaking concept in the world of blockchain and cryptocurrencies. This article provides a user-friendly guide on how to participate in a DAO, covering the basics, benefits, and steps to get involved. Understanding DAOs What Is a DAO? A DAO is Decentralized Autonomous Organizations. Specifically, it is an organization run […]
DeFi (Decentralized Finance) 101: A Complete Overview
In the ever-evolving landscape of finance, a remarkable transformation is underway: the rise of Decentralized Finance, or DeFi. This article provides a comprehensive overview of DeFi, delving into its core concepts, potential, and how it's reshaping the financial world. Decentralized Finance Unveiled The first fundamental question: What Is DeFi? DeFi, short for Decentralized Finance, is […]
Smart Contracts: Automating Transactions with Blockchain
The world of business is undergoing a critical transformation, thanks to the advent of blockchain technology and its innovative applications. In this article, we'll explore smart contracts in detail, understanding how they automate transactions and revolutionize the way businesses operate. Demystifying Smart Contracts First of all, what are smart contracts? They are self-executing contracts with […]
How to Trade Crypto Safely: Best Practices for Beginners
Venturing into the world of cryptocurrency and actually start to trade crypto can be exciting, yet it's crucial to prioritize safety. This article aims to guide beginners through best practices, ensuring a secure and informed entry into the dynamic realm of crypto trading. Understanding the Crypto Landscape First of all, research and Education are two […]
AI Chatbots: Enhancing Customer Support and Engagement
In the dynamic landscape of customer support and engagement, Artificial Intelligence (AI) chatbots have emerged as a real game-changer. These intelligent digital assistants are redefining how businesses interact with their customers. This article delves into the transformative potential of AI chatbots, exploring how they enhance customer support and engagement to fortify business operations. What is […]
Crypto Wallets: Types, Security, and Best Practices
Crypto wallets are your gateway to the world of cryptocurrencies. Whether you're a seasoned investor or just entering the crypto space, understanding the types of wallets, how to secure them, and best practices is essential. In this article, we'll provide a comprehensive guide to crypto wallets, ensuring that you can manage your digital assets with […]
Demystifying Artificial Intelligence for Beginners
Artificial Intelligence (AI) is a topic we frequently come across, yet its precise definition and functionalities may seem complex for beginners. This article wants to clarify the world of AI, offering a comprehensive beginner's guide. Accordingly, we'll go through the essence of AI, its applications, and the transformative potential it holds, all in simple and […]
Private vs. Public Blockchains: Which Is Right for Your Business?
The blockchain landscape presents a fundamental choice: private or public blockchains. Each option holds distinct characteristics that cater to specific needs and objectives. In this article, we delve into the space of private and public blockchains, providing insights to help you decide which aligns better with your business requirements. Understanding Private Blockchains Advantages of Private […]
Bitcoin vs. Ethereum: A Comparative Analysis of Two Industry Giants
Everyone in the space knows about the two industry giants, Bitcoin and Ethereum. However, these are often looked at solely from an investment perspective. In this article, we will conduct a comparative analysis of Bitcoin and Ethereum, shedding light on their fundamental differences and applications. Bitcoin and Ethereum, the two cryptocurrency titans, are often compared […]
Blockchain Explained: The Foundation of Web3
In the digital age, the internet is an integral part of our daily lives, influencing how we communicate, make payments, read news, work, and socialize. With the rise of Web3, the internet is undergoing a transformative shift, and at its core is blockchain technology. In 2023, understanding the fundamentals of blockchain is becoming essential to […]
Summary: 7 Trends in Education in Web3
On April 25, 2023, LAB51 hosted a roundtable meeting on the topic of Education in Web 3. In his opening keynote Mark Forster presented 7 trends and their significance for the technological future, particularly in the Swiss educational sector. During the event, participants discussed the innovations and challenges awaiting us in the future of education. […]