Weekly tech news May 1st 2024

Weekly Tech Newsletter

Welcome to the first edition of Weekly Tech News by Delnorte

I figured that just having news about Delnorte only would be boring, so I spiced it up by adding two more articles about interesting technology topics.

Delnorte May 1st updat

Since 2022 Delnorte has been steadily developing and growing. We faced many challenges over the last 2 years, especially in 2023 when the crypto market was completely dead, and all the market news was negative. Now in the Spring of 2024 we are getting back on track and gearing up to launch our DTV token on a public exchange. We aim to have our TGE (token generation event) sometime in the summer of 2024. While at the moment I cannot disclose which chain we will use for our token or on which specific exchange we will be listing, rest assured that we are doing all that we can to be compliant with both USA and international regulations.

In the meantime, please take a look at this short video of our “launch party” we did in El Salvador back in March/April of 2022

We strongly believe that tokenization of RWA (Real World Assets) and AI is the future. That is why we have already replaced a big chunk of our workforce with AI substitutes and are working on adding AI solutions to our services.

That is why we are having another even bigger event in El Salvador, sometime in late June or early July of 2024, to showcase Delnorte technological achievements, to promote El Salvador, our sponsors, and our DTV token. We plan to launch DTV token just a few days or weeks after the party.

Many politicians including the Bukeles, celebrities, singers, supermodels, businessmen, influencers, and crypto influencers from around the world will be attending our event. Tickets to the party will go on sale in the next few days. Existing Delnorte investors do not need a ticket to attend. Others will have 3 options to choose from: Satoshi for $1,000, Hodler for $5,000 and Whale for $10,000. Tickets and attendees will be capped at 400, with just 230 ticket holders and 170 special invites. Ticket holders will receive exclusive gifts and prizes like raffle participation, token airdrops, food, and special gifts like choice private meetings, photo ops, and autographs for higher-tier tickets. We are also offering referral gifts for ticket sales.

If you are interested in attending this event, or helping out with planning or guest list, please email us at: [email protected]

RWA Tokenization Firm Securitize Raises $47M Led by Fund Partner BlackRock

Last month, BlackRock the world's largest asset manager, Hamilton Lane (HLNE), ParaFi Capital, and Tradeweb Markets (TW) concluded a funding round worth $47 million into Securitize, to launch the BlackRock USD Institutional Digital Liquidity Fund. This venture will focus on RWA tokenization. RWA tokenization involves converting real-world assets like stocks, bonds, and property into digital tokens, which can then be traded on a blockchain platform.

Generative AI to Become a $1.3 Trillion Market by 2032, Research Finds

Bloomberg Intelligence (BI) and other analytical publications predict the emerging AI industry will grow at a CAGR of 42% over the next 10 years. The AI market already grew from $40 billion in 2022 to $184B in 2024 and is expected to reach $1.3 trillion by 2032. The growth, estimated at a staggering 42% annually, will be driven initially by training infrastructure and later by devices for large language models, digital ads, and specialized software.

This expansion is expected to create $280 billion in new software revenue, with major beneficiaries being Amazon Web Services, Microsoft, Google, and Nvidia as more workloads move to the public cloud.

Generative AI's impact is set to grow from less than 1% to 10% of total IT spending by 2032. Key drivers include infrastructure as a service for training models, digital ads, and specialized software assistants. Sectors like life sciences and education could experience rapid growth, especially with the use of specialized AI-based assistants. However, this growth may be hindered by constraints in semiconductor manufacturing and transportation, insufficient hardware performance, cloud software or power overload, insufficient IT services, and slow adoption in some markets or market demographics.

As I wrap up our first weekly edition of my Weekly Tech Newsletter, I hope you have enjoyed my choice of articles and tune in to next week’s news. Until then, keep exploring, keep innovating, and keep pushing the limits of what technology can achieve and of course watch out for DTV token launch.

Thank you for reading.