As the pandemic challenges the global economy and forces people to abandon cash, a CBDC might be the right tool to fix the financial system. The COVID-19 pandemic is pushing the global economy toward a major recession, but there may be a silver lining in all this for the crypto industry: The accelerated adoption of […]
Continue ReadingAs the European Commission finished its crypto consultation in March, France’s major financial regulator expressed its stance on the matter. As the European Commission finished its public consultation on cryptocurrency assets in March, France’s major financial regulator stepped in to express its stance on the matter. The Autorité des Marchés Financiers (AMF), the stock market […]
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 […]
Continue ReadingInterchain decentralized data hosting project Bluzelle announced the launch of its mainnet which aims to combine the advantages of edge computing with DLT. Interchain decentralized data hosting project Bluzelle (BLZ) announced the launch of its mainnet which aims to combine the advantages of edge computing with distributed ledger technology (DLT). According to an announcement shared […]
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The DOCit app will be used as a screening tool in a Canadian region to combat the coronavirus pandemic. Canadian technology company, VitalHub Corp, announced on April 8 the first deployment of a blockchain-based coronavirus screening tool. The tool will be used by a Region of Waterloo-owned long-term care facility called Sunny Side Home. According […]
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The CARES Act shed light on the possibility of a digital dollar. Meanwhile, a blockchain-based solution is also being explored. Will one of them launch soon? The coronavirus pandemic is the biggest global crisis since the events that sparked the creation of Bitcoin (BTC) in 2008, and is one that will also have long-lasting effects […]
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Cointelegraph spoke to Chuck Young of the US Government Accountability Office to learn about the agency’s exploration into DLT. The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March. Cointelegraph spoke to Chuck […]
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The lack of institutionalization within the crypto space is the main obstacle for its further development and mass adoption. If the current COVID-19 pandemic has exemplified one thing, it is that our individual actions have consequences for all of us. Unfortunately, human nature propels the majority of humankind to put its individual interests first, and […]
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Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had a lacking business model, according to recent research. Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had deficient business models, according to recent research. Research sent to Cointelegraph by Chinese market research firm EqualOcean on March […]
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The U.S. legislative branch’s supreme auditor has created two job positions with responsibilities including the development and exploration of blockchain. The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March. GAO is the supreme audit institution of the U.S. government and […]
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