The Daily Leo | Scaling Digital Assets, Empowering SMEs, and Advancing AI
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Scaling Digital Assets, Empowering SMEs, and Advancing AI
Advancements in the evolving tech sector are shaping the future of finance, business, and artificial intelligence. These advancements have paved the way for the development of tools that make for seamless collaboration between platforms in different sectors. Beyond that, development in artificial intelligence is even making the creation of bridging tools and collaborations much easier. This compilation explores how these innovations are revolutionizing industries, bridging gaps, and paving the way for a more interconnected and efficient digital ecosystem. Key features are in the FinTech and artificial intelligence sectors. The featured content is worth your reading time.
Coinbase Integrates Chainlink Standard to Scale Institutional Adoption of Digital Assets
Coinbase has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) into its institutional platform, Project Diamond, to facilitate secure and compliant cross-chain management of tokenized assets and to scale the institutional adoption of digital assets. The integration of Chainlink's CCIP will enable the seamless movement of assets between public and private blockchains resulting in faster settlement speeds and simplified processes for financial transactions. Alongside the partnership, Chainlink Labs has established an office in Abu Dhabi to strengthen its presence in the MENA region and collaborate with financial institutions.
Mynt raises $23 million to create an AI-based SME-focused Expense card!
Mynt is a Swedish startup focused on facilitating expense management in SMEs through artificial intelligence. Mynt's platform has expanded to reach the United Kingdom and other European markets. In a recent development, Mynt has partnered with Visa for its corporate cards and integrates with third-party systems through an API. The technology will play a key role in automating and improving expense management for SMEs. Mynt has raised $23 million in funding to create an AI-based SME-focused Expense card. The funding has reached a valuation of $210 million and growing its customer base to 12,000 SMEs. With this, Mynt has an opportunity for further growth in the SME market for corporate cards.
Google Unveils Gemini 2.0
Google has unveiled Gemini 2.0, an artificial intelligence model with advanced reasoning capabilities, marking a significant advancement. Gemini 2.0 features Multimodal Capabilities, Advanced Reasoning and Planning, and Autonomous Action. Projects like Mariner and Astra showcase Gemini 2.0's potential in autonomous browsing and universal AI assistance. Reviews from Google's executives and collaborations with game developers highlight Gemini 2.0's transformative impact on various industries. The future of AI with Gemini 2.0 involves widespread deployment to revolutionize personal computing but raises concerns about privacy and security.
INLEO is Bringing the Masses to Hive
Inleo is an outward-facing web3 platform that focuses its efforts on growing the adoption of blockchain in terms of socializing and transactions. All the features developed and marketing strategies deployed by INLEO aim to bring users and whole communities to web3 platforms, provide them with useful tools, and increase engagement. Premiering on the Hive blockchain, InLeo has created multiple ways to create Hive accounts and frequently brokering inter-blockchain partnerships - the latest which is the partnership between INLEO and DASH that allows DASH users to join Hive seamlessly to create content and earn more DASH. Are you on INLEO?
InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
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