WAO ART #275

Microsoft, Tencent, and other tech giants have partnered with Consensys to decentralize the Infura network, a key access point to Ethereum for the decentralized finance sector. The partnerships aim to prevent outages of Web3 services like MetaMask by increasing decentralization.

Citi has developed a blockchain-based application for Project Guardian, a collaboration with the Monetary Authority of Singapore (MAS) and the financial industry. The application uses blockchain to price and execute bilateral spot foreign-exchange (FX) trades, initially focusing on USD/SGD trades.

ExxonMobil has started production from its Payara oil project in the Stabroek block offshore Guyana. This is the company's third oil development in the country and contributes to a total production capacity of 620,000 barrels per day. The Payara field is expected to achieve peak capacity in 2027.

A new report has found that Nigeria has some of the highest internet subscription prices in the world. The report by Picodi compared the average price of fiber optic internet in different countries and found that Nigeria ranks 12th with a monthly price of $46.4 for 100 Mbps.

Bank of America's report acknowledges the growing interest in Central Bank Digital Currencies (CBDCs) by central banks worldwide. The report states that approximately 67% of countries, representing 98% of global GDP, are actively exploring CBDCs, with 33% in advanced stages of development.

Blockchain security and risk management innovator, Redefine, has released its Risk Center and Monitoring solutions for Institutional DeFi Funds. These tools provide advanced risk assessment capabilities for institutional DeFi funds, helping them navigate the complexities of decentralized finance.

The Australian Government has opened the Beeliar Medicare Urgent Care Clinic in Western Australia to provide accessible urgent care by qualified medical professionals. The clinic aims to ease the burden on local hospitals by offering extended hours seven days a week and fully bulk-billed services.