ChainCatcher news, according to financefeeds, the United Nations Development Programme (UNDP) is collaborating with the DFINITY Foundation to enhance the Universal Trusted Credentials (UTC) program using Internet Computer blockchain technology. This collaboration aims to improve digital trust and financial inclusion for micro, small, and medium enterprises (MSMEs) globally.It is reported that the UTC framework was jointly launched by the Monetary Authority of Singapore (MAS) and other strategic partners, aiming to enhance the opportunities for MSMEs to access financing domestically and across borders by fostering trust in digital data. By promoting the adoption of blockchain-based solutions, the UTC program aims to create a sustainable financial ecosystem that empowers MSMEs.The DFINITY Foundation will leverage its expertise in decentralized computing and digital identity solutions to develop and test prototypes for the UTC pilot program in Cambodia. The Internet Identity (II) solution of the Internet Computer blockchain will ensure the secure storage and management of digital credentials, thereby enhancing the credibility of the UTC system.

ChainCatcher news, according to The Block, the Dfinity Foundation is launching a new API that allows the Internet Computer to read and write smart contracts on any EVM.It is reported that Internet Computer smart contracts have already collaborated with Bitcoin and Ethereum on projects such as Bioniq, Bitfinity, and Omnity.

ChainCatcher news, according to The Block, Dfinity Foundation's founder Dominic Williams recently made sharp comments on the current state of the cryptocurrency and blockchain industry. Williams stated that currently 95% of blockchain projects are "garbage," and pointed out that the industry seems to focus more on narratives rather than substance. He believes that the current challenge in the industry is that people invest in so-called "silver bullets," choosing to invest due to marketing and becoming mired in chaotic narratives.Williams further explained that although blockchains like Bitcoin, Ethereum, Solana, and Avalanche perform well in handling transactions, he is skeptical about these platforms building a brand new, decentralized internet. He believes that only the Internet Computer Protocol (ICP) is the true "third-generation" blockchain that can effectively address scalability issues and support the construction of fully on-chain network interactions, such as on-chain social networks.

ChainCatcher news, the Dfinity Foundation, a major contributor to the Internet Computer blockchain, will invest $15 million in the Olympus accelerator platform. It is reported that by the end of this year, Olympus will transform into a decentralized autonomous organization (DAO). This funding will be used to support the development and maintenance of the Olympus platform and to fund the first few batches of accelerators.

ChainCatcher news, according to the official announcement, the DFINITY Foundation has announced the release of the alpha version of DocuTrack. DocuTrack is an open-source alternative to traditional enterprise IT stacks and can be used as part of traditional document sharing platforms.

ChainCatcher news, the DFINITY Foundation announced the launch of a European subnet on the Internet Computer (ICP), providing infrastructure for decentralized applications (dApps) that comply with the General Data Protection Regulation (GDPR). This new infrastructure will enable developers to launch dApps in the European market that protect personal and financial data, adhering to strict and established regulatory practices. Additionally, there are two upcoming features on the Internet Computer that will allow developers to further enhance the privacy and security of user data under the GDPR and the European subnet's specifications: VetKeys will enable distributed decryption, and AMD SEV-SNP aims to protect boundary node virtual machines (VMs). The launch of the European subnet follows the approval of three proposals submitted by DFINITY to the NNS, with 99% of participating ICP token holders supporting these proposals. The European subnet is now live and open to developers in the EU, who can build GDPR-compliant dApps on this foundation.

ChainCatcher news, according to CoinDesk, the DFINITY Foundation is developing a global standard technology to incentivize recycling activities and is collaborating with management consulting firm Roland Berger.Inspired by the carbon credit market, Roland Berger launched the Voluntary Recycling Credit (VRC) standard this June.The company stated in a press release that the VRC initiative aims to address the global issues in the waste management sector that contribute to climate change, adding that the global recycling rate of plastic waste is less than 10% out of the 2 billion tons of municipal solid waste generated each year.DFINITY will build a product on the Internet Computer for the purchase, sale, and trading of recycling credits, allowing recyclers, waste producers, and others to track these credits.

ChainCatcher news, the DFINITY Foundation has launched the ICP Asia Alliance and a $20 million grant fund to support the development of blockchain and artificial intelligence in the Asia region. The ICP Asia Alliance will bring together government organizations, investors, tech entrepreneurs, universities, developers, and community members, aiming to establish a collaborative, educational, and innovative platform to promote the adoption of IC.

ChainCatcher news, the DFINITY Foundation has established a partnership with the government of Lugano, Switzerland. The cryptocurrency payment application MyLugano in Lugano, Switzerland will add support for ckBTC. With the addition of ckBTC, MyLugano introduces a multi-chain, multi-wallet solution, expanding the possibilities for purchasing goods and sending transactions using LVGA, the local stablecoin of Lugano, BTC, and USDT.

ChainCatcher news, the Web3 cloud middleware engine Hamster announced a comprehensive integration and compatibility with Dfinity (ICP ecosystem). According to the latest news, Hamster has received a grant from the Dfinity Foundation and a development invitation, beginning the first phase of cooperation. In the next four months, Hamster will develop Motoko contracts for ICP ecosystem developers and create multiple tools such as automated pipelines, contract templates, front-end adaptation and deployment, ecological interaction UI, and container management, significantly lowering the threshold for developers to use the Motoko language and enter the ICP ecosystem.The Hamster team stated that they will continue to provide more self-developed full-stack development toolsets for the ongoing construction of the Dfinity ecosystem and will also participate in co-building the Dfinity developer ecosystem, continuously activating and guiding traffic, tool accumulation, and digital empowerment from hackathons, course offerings, and universities. (source link)

ChainCatcher news, Dfinity Foundation founder Dominic Williams tweeted that after participating in the Hong Kong Web3 Blockchain Conference, three major things were confirmed: 1. Internet Computer Hub may settle in Cyberport. 2. Establishment of the ICP Asia Alliance. 3. Collaboration with local venture capital in Hong Kong to promote the development of ICP technical talent in Asia. (source link)

ChainCatcher news, Dfinity Foundation founder Dominic Williams stated that the 100% blockchain-based DEX AstroX is set to launch and is currently in the early testing phase. ICP Chain Key TX will use pure cryptographic technology to connect it with each chain/asset. (Source link)