IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation. Tommaso Mancini-Griffoli, a representative from the International Monetary Fund, believes that a synthetic private-public partnership could be the best way forward for a central bank digital currency. Mancini-Griffoli, the IMF’s Monetary capital markets department deputy division chief, joined the Money Movement’s […]
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A hospital in Cyprus will soon deploy a blockchain-based medical data management system built by VeChain. Blockchain tracking platform, VeChain, announced that it co-developed a blockchain-based medical data management platform in partnership with digital healthcare solution firm I-Dante. The platform, dubbed “The E-NewHealthLife”, is set to see deployment at the Mediterranean Hospital of Cyprus — […]
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Simba Chain, a cloud-based smart contract startup, is building a blockchain data management system for the U.S. Department of Defense. Simba Chain, a blockchain startup backed by the Defense Advanced Research Projects Agency (DARPA), has won another contract from the United States government. A long-established favorite of the U.S. military authorities like the U.S. Air […]
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The United States Internal Revenue Service is reportedly soliciting outside contractors to assist with calculations of cryptocurrency users’ transactions. The United States Internal Revenue Service (IRS) is reportedly soliciting third-party contractors to assist with calculations of cryptocurrency users’ transactions. Crypto tax software firm CryptoTrader.Tax publicly shared details of a letter it claims to have received […]
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The energy industry combines supply chains, financial markets and consumer services. Innovative blockchain solutions aim to improve it at each level. What’s next for blockchain in energy? Despite the potential challenges, it’s clear that there is significant potential for blockchain in the energy industry. Research by Global Market Insights predicts the blockchain energy segment to […]
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Canadian conservation authorities and technology firm Insolar are conducting a test-bed blockchain project for renewable energy management. Canadian conservation authorities and technology firm Insolar are conducting a test-bed blockchain project for renewable energy management. Within the scope of its Sustainable Technologies Evaluation Program (STEP), on April 1 the Toronto and Region Conservation Authority (TRCA) announced […]
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A new report estimates that global investment in blockchain in the energy market will reach $35 billion by 2025. According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector […]
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China Everbright Bank, one of the world’s largest public firms, debuted a blockchain-based supply chain finance solution by Ant Financial. China Everbright Bank (CEB), a major commercial bank in China and one of the world’s largest public companies, is debuting a blockchain-based supply chain finance solution by Ant Financial. Ant Financial, the financial arm of […]
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The co-founder is making more time to pursue philanthropic efforts. According to a press release, software developer, philanthropist, and Microsoft co-founder Bill Gates will depart the company’s board. Now 64 years old, the business magnate started Microsoft alongside Paul Allen in 1975. The company is surely most known for its Windows computer operating system, which […]
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Big Four accounting firm KPMG issued a new report on crypto assets, estimating that more than $9.8 billion in cryptocurrency has been stolen by hackers since 2017. Owning cryptocurrency is still considered a risk by institutional investors, according to a March 2 KPMG report shared with Bloomberg. The accounting firm estimated that more than $9.8 […]
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