Well, looks like LG is doubling down on their partnership with QuickNode - because apparently being in bed with BitCoin isn't enough, they gotta get their hands dirty with some real crypto stocks like [RIOT](https://marketchameleon.com/Overview/RIOT/?lu=true&pap_aid=stormofnegativity&pap_cid=11111111). But hey, who needs balance and stability when you can ride the erratic wave of crypto, amirite?
LG’s vision is clear: to empower creators and consumers alike. NFTs, often heralded as the next evolution of art collecting, are powerful because they symbolize ownership and originality—values deeply resonant in the art community. Through the transparent and secure nature of blockchain, LG is crafting a sanctuary for authenticity. Their mission extends beyond simply providing a marketplace. LG TVs, renowned for their visual excellence, transform into digital canvases, offering an immersive art experience in the comfort of one’s home. This seamless integration of technology and artistry ensures that each NFT isn’t just seen but felt, providing a window into the artists’ visions and stories. This is just the beginning. LG’s roadmap teems with ambition, including the integration of the Metaverse, which promises an even more immersive art viewing experience. The aim is not just to bring Web 2.0 users into the fold but to blaze a trail for Web 3.0.
tldr; The article discusses LG's foray into NFTs and digital artistry, highlighting their NFT platform built on advanced infrastructure and their vision to empower creators and consumers. LG aims to provide a marketplace for NFTs while also transforming their TVs into digital canvases for an immersive art experience at home. The company has collaborated with renowned artists and plans to integrate the Metaverse for an even more immersive art viewing experience, aiming to lead the way for Web 3.0. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Here is a [Nitter link](https://nitter.net/GoingParabolic/status/1715032567529795661?t=bQYqRPbmAseBVZg0LG3E3A&s=19) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
"*The Lazarus Group is the largest source of all illicit funds laundered through cross-chain bridges and the third largest for all cross-chain crime, being responsible for $900 million of the entire figure. The criminals now use more complex cross-chain methods like derivatives trading and limit orders to obscure their laundering activities.*" So nobody can fight the LG? Nobody?
Article Former General Manager and Open Source Leader at Wipro, Andrew Aitken joins Hedera as Chief Open Source Officer, bringing critical expertise from advisory roles at the US White House, Microsoft, and global financial institutions August 3rd, 2023 - Hedera, the leaderless proof-of-stake network leading the next generation of the Web, has appointed Andrew Aitken as Chief Open Source Officer (COSO), to lead its realignment as a fully open source Web3 platform. Andrew is a veteran in the open source sector, having served as an open source expert to the White House, guest lecturer for Stanford’s Entrepreneur Program and founder of the industry’s only think tank. The addition of a COSO role, rarely found in the software industry, is a testament to Hedera’s commitment to promoting community collaboration both within its ecosystem and in the industry as a whole. “Open source solutions play a vital role in standardizing transparency and re-establishing trust in the digital sphere, and the emergence and adoption of Web3 technologies provides an opportunity to elevate the level of trust and transparency,” said Aitken. “What drew me to Hedera was the opportunity to work with such an incredibly smart group of people, community, and Governing Council members, to further establish Hedera as the standard for enterprise blockchains. Though Hedera did not start out its journey as an open source project, it has always had a focus on serving the community. I'm joining the firm to ensure we build a broad ecosystem of participants, continue to deliver achievements in innovation, and provide long-term opportunities through community engagement and transparency in our actions." In his new capacity as Chief Open Source Officer, Aitken leverages deep domain expertise to assist Hedera in open sourcing everything from tooling, to cross-chain functionality and source code. Most recently, Andrew led the open source team at Wipro Technologies, championing open source adoption for enterprises and delivering business value through open-source service solutions. Wipro has played an important role in contributing to product development on the Hedera network, having served as a member of the Hedera Governing Council since 2020. Aitken is an elected member of the Board of the Fintech Open Source Foundation (FINOS) and previously served as Wipro Board Adviser at the Open Source Security Foundation; Linux Foundation Networking. He was also on the board of OSEHRA, a non-profit dedicated to accelerating open source health reporting. “I’m thrilled to see an open source leader like Andrew joining Hedera as COSO, an important signal of commitment by Hedera not only to open source but to open governance and industry wide standards in the Web3 space” said Gabriele Columbro, Executive Director of FINOS and General Manager of Linux Foundation Europe. “I have had the honor to collaborate with Andrew for several years, both at the community level on several projects and at leadership level in the FINOS Governing Board, and I have no doubt his wealth of experience and strategic experience will help realize Hedera’s open source vision.” Tasker Generes, vice president of vision and innovation at ServiceNow and Member of the Board of the Hedera Governing Council said: “It has become increasingly clear that the current lack of transparency and trust in Web2 is fueling the growth of Web3. With a proven history of overseeing large-scale system redesign and community-building projects, Andrew is uniquely positioned to help Hedera remain at the forefront of the transition to Web3. At ServiceNow, we look forward to continue working with Hedera to help our joint customers gain a competitive edge as the open source function continues to grow.” The announcement follows the successful launch of the ‘Hedera Improvement Proposal (HIP)’ program in 2022, which exists as a medium to propose new features or upgrades to the network — and simultaneously collect community thoughts, build consensus, and document dissenting opinions on issues and proposals. Looking forward, Hedera intends to continue progressing toward full decentralization as it lays a solid foundation to grow its community action and involvement through its HIP program — and this new hire marks an important step in achieving this. About Hedera Hedera is an open source, leaderless proof-of-stake public ledger. Hedera’s robust ecosystem is built by a global community, on a network governed by a diverse council of industry-leading organizations, including; Avery Dennison, Boeing, Chainlink Labs, COFRA Holdings, DBS Bank, Dell, Dentons, Deutsche Telekom, DLA Piper, EDF (Électricité de France), eftpos, FIS (WorldPay), Google, IBM, the Indian Institute of Technology (IIT), LG Electronics, The London School of Economics (LSE), Magalu, Nomura Holdings, ServiceNow, Shinhan Bank, Standard Bank Group, Swirlds, Tata Communications, Ubisoft, University College London (UCL), Wipro, and Zain Group. For more information, visit www.hedera.com
Unlikely, Google is an active council member and recently hosted the council meeting. Also the council voted that members must build on the network and Hedera's council is filled with huge companies. LG, Boeing, IBM, Dell, ServiceNow, Avery Dennison, FIS, DLA Piper to name a few.
Truthful, sometimes it hurts but so true!!U have everything tied to that acct, with 3fa to do anything .I feel they are damn close to being reg compliant as is .When I got my black card cro was cheap like .025 cents cheap so when it hit .60 cents after they burned a LG amount of the supply ,I cashed out and got the black card for the price of a ruby.Ive gotten so much in cash back and gold boxes it's actually the smartest move I've made...And now with Cronos labs making moves it's all worth it..The reward tiers only describe in general the diff between them..For the top tier it's worth it..
Speaking of Korea corporations wading into this space Hyundai: https://www.prnewswire.com/news-releases/hyundai-motor-and-kia-introduce-co2-emission-monitoring-system-built-on-the-hedera-network-301891084.html Shinhan Bank: https://cointelegraph.com/news/south-korea-shinhan-bank-completes-stablecoin-remittance-pilot-asian-partners-hedera LG electronics: https://www.coindesk.com/business/2022/09/05/lg-picks-lesser-known-hedera-blockchain-for-television-nfts/
Bought a 38in top of the line LG Ultrawide monitor with profits tail-end of 2021. It was a fraction of my stack... should have sold more, but I'm good with my decision and enjoy using the monitor daily! Feels good it was basically free!
tldr; The Spanish National Museum Thyssen-Bornemisza is set to mint its own collection of NFTs featuring masterpieces from Van Gogh. The NFTs, created using blockchain technology, will be part of a limited series with only 100 available for purchase. The museum aims to democratize access to art through NFTs and provide an immersive experience in the metaverse. The NFT owners will also be able to showcase their digital artworks using blockchain-powered displays in collaboration with LG. The Olyverse platform, which bridges the gap between fans and celebrities through NFTs, is behind this initiative. The platform offers experiences with various stars and plans to create the number one metaverse in the world by merging entertainment and education. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit: - [/r/citadelllc] [LG Electronics Submits Patent application for Smart TV Featuring Blockchain (x-post from \/r\/CryptoCurrency\/)](https://www.reddit.com/r/CitadelLLC/comments/13h91kr/lg_electronics_submits_patent_application_for/) *^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*
“LG plans to incorporate blockchain technology into their products and services in various ways. The LG Art Lab Marketplace, built on the Hedara Hashgraph blockchain, was launched by LG in 2022 as their very own NFT marketplace. Wallypto, a mobile app crypto wallet for the Hedara network, was also created by them.”
tldr; South Korean electronics giant LG Electronics has filed a patent application for a blockchain-based smart TV that would enable the trading of NFTs. QR codes are integrated into the television, allowing transactions to be quickly completed using smartphones. LG plans to incorporate blockchain technology into their products and services in various ways. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Korea-based LG is releasing a non-fungible token (NFT) marketplace called LG Art Lab that plugs into the Hedera Network, which LG supports. Television owners with sets updated to LG’s most recent software will be able to buy, sell and showcase their Hedera NFTs from their screens.
I wrote this on another comment, but just in case you didn’t see it… NFT trading can be a complex and time-consuming process. By integrating NFT trading directly into its TVs, LG could make it easier and more convenient for users to buy and sell NFTs. LG could also use its patent to implement security features that would help to protect users from fraud and theft. This would make NFT trading more appealing to a wider range of users. By making it easier and more secure to buy and sell NFTS, LG could help to drive broader adoption of this technology. This would benefit LG and the entire NFT ecosystem. I'm also thinking they are doing it to stay ahead of the competition. Other major electronics companies, such as Samsung and Sony, have already begun to offer NFT features on their TVs. By patenting this technology, LG could ensure that it is at the forefront of this emerging market.
NFT trading can be a complex and time-consuming process. By integrating NFT trading directly into its TVs, LG could make it easier and more convenient for users to buy and sell NFTs. LG could also use its patent to implement security features that would help to protect users from fraud and theft. This would make NFT trading more appealing to a wider range of users. By making it easier and more secure to buy and sell NFTs, LG could help to drive broader adoption of this technology. This would benefit LG and the entire NFT ecosystem. I’m also thinking they are doing it to stay ahead of the competition. Other major electronics companies, such as Samsung and Sony, have already begun to offer NFT features on their TVs. By patenting this technology, LG could ensure that it is at the forefront of this emerging market.
Im not sure that should matter. Their clients are LG TV owners, they turn on their TV and see NFT art for sale and purchase via an LG wallet. Their issue isnt Hedera, its their client base is mostly non crypto people which the vast majority wouldn't spend $1k on a digital pic.
Electronics firm LG is seeking patent protection for a television that enables users to trade non-fungible tokens (NFTs). The device would be able to establish a connection with an NFT market server, receive and display preview artwork and fulfil purchases via the user's cryptocurrency wallet which would be connected to the TV.
This is where things like iso2020 comes into play that’s why flare hbar xlm XRP are so important for mass adoption low fees high scale , micro payments and quick send times things like bitcoin and eth are like nabster, aol messenger , lime wire. They showed us what’s possible for companies like Amazon apple Samsung LG Tesla to take it places we never seen before. This will be the same thing
The question isn't whether the cartel of mega-corps etc is likely to be ***malicious***, in the sense of rug pulls, scams, etc., it's whether they are likely to exert an undue influence over the blockchain and be malleable in the face of government influence and responses to dox users, censor or reverse transactions, etc. No interest in having Google and LG control my crypto transactions.