Tag: Chips

Real-world asset protocols outperform DeFi blue chips due to tokenization wave

coiner

Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles. An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and government bonds to real estate and commodities. They are also known as asset tokenization protocols. DeFi provides certain advantages over TradFi by making the smart contracts transparent and enabling a wide degree of financialization of assets by making them divisible, transferable and tradable on decentralized platforms. The top uncollateralized lending protocols for institutions, TrueFi…

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OpenAI CEO highlights South Korean chips sector for AI growth, investment

coiner

Sam Altman, the CEO of ChatGPT developer OpenAI, met with South Korean President Yoon Suk Yeol on June 9 and urged South Korea to play a leading role in manufacturing the chips needed for artificial intelligence (AI) technology. Altman also expressed an interest in investing in Korean startups and collaborating with bigger chipmakers like Samsung Electronics.  According to local news media, the CEO suggested South Korea should focus on chips — as both system semiconductors and memory chips are needed for AI — and reduce corporate regulations to foster AI…

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