In a recent announcement, China’s Aerospace CH UAV Co Ltd revealed its ongoing development of an innovative super-long-range loitering munition, equipped with various new functions. Based on AR air-to-ground missile series technology, the loitering munition product being developed by Aerospace CH UAV Co Ltd boasts an array of capabilities. It is capable of executing diverse […]
What is Digital Economy? The digital economy is the worldwide network of economic activities, commercial transactions and professional interactions that are enabled by information and communications technologies (ICT). It can be succinctly summed up as the economy based on digital technologies.Don Tapscott first coined the term digital economy in his 1995 best-selling book The Digital […]
By: Matti O. Jeremiah In continuation of the previous article “Blockchain — The Backend Evolution Powering It”, If you haven’t read it, click this link https://www.linkedin.com/pulse/blockchain-backend-evolution-powering-web3-matti-jeremiah/ After the article, I got questions centred around “What is the difference between the current Web2 backend and that of Web3? More so, I think there is a need to elaborate […]
By: Matti O. Jeremiah In my last article, “Understanding Web3”, we learnt that Web3 is based on these three premises; 1. The Backend evolution powering it (Blockchain technology) 2. Token economy (coins, tokens, and NFTs) 3. Autonomous governance (DAO) If you haven’t read it, click on this link https://medium.com/@MattiJeremiah/understanding-web3-0-c252221af86c I will, over time, distil these underlying […]
Blockchain is an Institutional Technology, in the sense that its functions transcend industries and are principally concerned with manufacturing trust, the primary function of institutions. This can be a bit of a concept to wrap your head around because institutional technologies don’t come along very often…. Do you remember when ‘Government’ was invented? I don’t. […]
A 24-year-old man from Shanghai has provoked controversy after utilizing Artificial Intelligence (AI) to bring his grandmother “back from the dead”, and releasing recordings of his conversations with her. The man had an especially strong connection to his grandmother, who took over the parental role for him after his parents divorced when he was a […]
In recent years, China has emerged as a major global power, with a booming economy and a growing influence in international affairs. However, despite its many successes, China still faces challenges in building trust with the rest of the world. One key factor in this is transparency. Transparency refers to the openness and accountability of […]
China has taken another giant leap forward in its quest to become a space superpower by successfully launching the first module of its new space station on April 6th. The new space station, named Tiangong, will replace China’s previous space lab, Tiangong-2, which was decommissioned in 2019. The module, named Tianhe, was launched from the […]
China’s economy grew by 18.3% in the first quarter of 2021, compared to the same period last year, according to official figures released on April 16th. This marks the biggest quarterly GDP growth on record for China, largely due to the low base of comparison from last year, when the country’s economy contracted due to […]
On April 10th, China’s top e-commerce company, Alibaba, was hit with a record antitrust fine of $2.8 billion by Chinese regulators. This penalty comes after an investigation that found Alibaba had abused its dominant market position by forcing merchants to sell exclusively on its platforms and imposing unfair fees. The antitrust investigation was initiated last […]
