Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers’ attacks. When blockchain technology was first brought to the public’s attention, it was lauded on many fronts as “unhackable.” While there are many benefits to blockchain worth noting already, we probably still haven’t seen what its ultimate potential […]
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As the UAE’s deadline for its nation-wide blockchain revamp looms, DLT is becoming embedded in everyday life. The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of all government transactions onto distributed ledger technology-based platforms. Cointelegraph spoke to Leon Smith, the CEO of Dex — an Abu Dhabi-based crypto firm […]
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As Abu Dhabi rolls out regulatory framework for crypto assets, businesses are increasingly embracing distributed ledger technologies. Businesses in Abu Dhabi, the capital of the United Arab Emirates’, or UAE, are increasingly embracing blockchain technology as local regulators move towards adopting inclusive legislation regarding crypto assets. Though Abu Dhabi Global Market, or ADGM, announced its […]
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The world’s largest development bank, the World Bank Group, has issued a new report on payment aspects of financial inclusion in the fintech era. Financial institutions all over the world are increasingly experimenting with emerging technologies like blockchain to streamline payment systems and achieve financial inclusion. In a new study, the World Bank has once […]
Continue ReadingFrance is paving the way for a digital Euro, but how will its CBDC shape up, and what effect will it have on the cryptocurrency industry? Lately, it seems that most major national banks are toying with the notion of a national digital currency. France is conducting tests of its own now, and it could […]
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India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of its implementation of the Marco Polo blockchain platform. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions. It said […]
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Several use cases for blockchain-based solutions in Africa could potentially drive the technology forward in a global context. The Blockchain Africa conference produced a swathe of optimism for Africa to become a driving force behind the development and use of new blockchain-powered technologies. Over the past few years, blockchain has replaced cryptocurrency as the “it” […]
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Continue ReadingThai fintech DeeMoney has deepened its integration with blockchain-based financial services network RippleNet, further consolidating Ripple’s presence in Asia. Thai fintech DeeMoney has deepened its integration with blockchain-based financial services network RippleNet, further consolidating Ripple’s presence in Asia. As the first non-bank institution in Thailand to sign on to RippleNet, DeeMoney already processes inbound transfers […]
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Ripple, the firm behind the third largest altcoin XRP, made a new partnership to bolster cross-border payments between the U.S. and Mexico. Ripple, the firm behind the third largest cryptocurrency XRP, has made a new partnership to bolster cross-border payments between the United States and Mexico. The company has partnered with International Money Express, a […]
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