The CTO of IBM Blockchain for Financial Services has said that CBDCs can help mitigate the risks that contributed to the 2008 financial crash. Stanley Yong, global lead for central bank digital currency (CBDC) solutions at IBM, has said that CBDCs can help to mitigate the risks that contributed to the 2008 financial crash. Yong […]
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A South Korean messaging giant Kakao Corp jointly with stablecoin project Terra to launch a blockchain-based payment system. Kakao Corp, the major internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, and a new stablecoin project, dubbed Terra, have signed a partnership agreement to develop the latter’s blockchain-based payment system, local news […]
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Banks are now required to provide fair services to crypto exchanges in South Korea by the court. On October 30, South Korea’s main financial authority officially cleared banks to work with crypto exchanges for the first time in history, establishing a major milestone for the local cryptocurrency sector. At the state affairs audit, held by […]
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A wobble in Bitcoin has spelled increased volatility for the majority of big-name cryptocurrencies. Cryptocurrency markets are showing red across the board Nov. 14, as a steep drop in Bitcoin (BTC) ricocheted across major assets. Data from Cointelegraph’s price tracker, Coin360, and Bitcointicker confirms BTC/USD bouncing off support around $6,150 on exchanges, at press time […]
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The Thai branch of IBM will promote blockchain and AI to turn the country into a major sales hub in the surrounding region. The Thai branch of U.S. global IT company IBM will promote blockchain and artificial intelligence (AI) in order to turn the country into a major sales hub in the surrounding region, English-language […]
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The Bank of America has won a patent for a system for enterprises to store customers’ crypto deposits. The Bank of America (BoA) has won a patent for a system for enterprises to store customers’ crypto deposits, published by the U.S. Patent and Trademark Office (USPTO) yesterday, Nov. 13. The patent, first filed in mid-June […]
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Xerox was awarded a patent by the U.S. Patent and Trademark Office for a blockchain platform that can track amendments made to electronic documents. The U.S. Patent and Trademark Office (USPTO) has awarded Xerox a patent for a blockchain-driven auditing system for electronic files, according to a patent filing published Nov. 13. Xerox — known […]
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A recent report by Trefis suggests Nvidia will see strong GPU sales growth in Q3, though revenues from crypto-related activities will remain in a downtrend. Experts from analytical firm Trefis have forecasted increased sales of Nvidia’s graphics processing units (GPUs) at the end of the third quarter (Q3) of this year, Forbes reported Nov. 13. […]
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A survey recently conducted by Hermes shows that one third of German logistics managers believe that blockchain will improve cooperation in supply chains. More than a third of German logistics managers believe that blockchain technology has the potential to significantly improve cooperation in supply chains, according to a Hermes survey published Nov. 12. The survey […]
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A South Korean hospital plans to use blockchain tech for cross-hospital healthcare information exchange. One of the South Korea’s largest hospitals has partnered with a local tech company to develop a medical services platform based on blockchain technology, according to the hospital’s official press release Nov. 12. Myongji Hospital, located in the city of Goyang, […]
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