Courts in China are rolling out blockchain-based electronic seals to protect property from being disturbed or damaged. Several courts in China have implemented blockchain technology as a way to secure properties with an electronic seal. The Executive Bureau of the People’s Court in Haidian District, Beijing, has reportedly deployed a blockchain-based electronic seal to secure […]
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China’s CBDC wants to displace the US dollar, but Genesis Block’s Charles Yang believes it doesn’t offer a compelling alternative to USDT. China’s central bank digital currency is usually identified as a way to challenge the dominance of the U.S. dollar, not Bitcoin (BTC). But it may struggle to find adoption in niches where crypto […]
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A joint initiative of Akon’s Akoin and Dutch Effect.AI, the Kenyan Opportunity Hub will promote blockchain education and new work opportunities. Akon, a famous Senegalese-American musician and a known blockchain supporter, is setting up a blockchain hub in Kenya. Dubbed the “Kenyan Opportunity Hub”, the new venture aims to promote blockchain and artificial intelligence, or […]
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Currency.com obtained a distributed ledger technology license from the Gibraltar Financial Services Commission. The Gibraltar Financial Services Commission, or GFSC, issued a new distributed ledger technology license to the Belarus-based cryptocurrency platform, Currency.com, on July 6. According to the announcement, the platform will be allowed to use DLT to store or transmit value belonging to […]
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Arca launches Ethereum-based trading for new fund based on shares in U.S. Treasury securities. Per a July 6 announcement from the firm, Arca has begun trading for its new digitized security, the ArCoin. The ArCoin runs on the Ethereum blockchain and represents shares in Arca’s U.S. Treasury Fund, which is registered with the Securities and […]
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Justin Sun announced three upcoming DeFi products from Tron, but crypto Twitter didn’t seem impressed. Justin Sun, the founder of blockchain protocol Tron, recently took to Twitter to announce his company’s foray into the decentralized finance space that will work in areas of decentralized loans and trades. Sun revealed that the project, JUST DeFi, plans […]
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Booking volumes on the Binance-backed travel booking platform dropped by 90% during the coronavirus pandemic. The global travel industry ground to a standstill after governments worldwide announced strict lockdowns to prevent the spread of COVID-19. At the Unitize virtual blockchain conference on July 6, Juan Otero, the co-founder and CEO of the Binance-backed online crypto […]
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Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs. Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs. According to Fantom on July 6, its Opera blockchain will be used to track 80,000 units of four different pharmaceutical products in Afghanistan. […]
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With its forthcoming digital yuan, China will aim to rival the U.S. dollar, not Bitcoin, say experts. Having learned what it needs from the cryptocurrency space and blockchain, China will aim to rival the U.S. dollar, not Bitcoin (BTC), with its highly-anticipated digital yuan. Matthew Graham, a veteran investment banker in China and the CEO […]
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A turbulent mixture of macro, coupled with expectations of a big move in Bitcoin, could spell an interesting week for traders and holders alike. Bitcoin (BTC) begins a new week testing increasingly weak $9,000 support, but what factors could make or break price performance? Cointelegraph Markets takes a look at the main things traders should […]
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