The Swiss government will enforce new blockchain laws in less than a year. Switzerland’s Federal Department of Finance has initiated a consultation process for a blanket ordinance in the blockchain and distributed ledger technology space. The consultation will happen among cantons, parties and other interested groups in this space. It is scheduled to continue for […]
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Ripple continues its effort to bring financial inclusion to struggling markets. Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on financial inclusion in emerging markets during the annual Swell conference. Mercy Corps is a non-governmental, humanitarian aid organization that aims to create economic opportunities […]
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Power Finance, led by former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year. New Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand dollar. Set to launch early next year, the digital currency will employ Distributed Ledger Technology. […]
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Blockchain-based apps used to store COVID-19 data may not be as private as they seem. New procedures are being implemented as the world slowly begins to reopen amid the ongoing COVID-19 pandemic. While temperature checks and mandatory face masks have become the new normal, the world is also witnessing the rise of digital health apps, […]
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Major cloud service providers are showing increased interest in joining blockchain networks. Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to explore how blockchain can help achieve digital transformation, major cloud service providers […]
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A Honda and GM-led working group has unveiled a global standard for using distributed ledger technology to create decentralized electric vehicle charging networks. The Mobility Open Blockchain Initiative (MOBI) has launched a global standard for integrating blockchain technology into a decentralized vehicle charging network. The storage of excess energy generated by wind or solar is […]
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Although it’s still impossible to pay with ETH where only BTC is accepted, cryptocurrency interoperability is being explored. Today, paying for purchases in cryptocurrencies no longer seems like something out of the ordinary. Many online stores accept Bitcoin (BTC) and other coins along with traditional currencies, while in some cafes, cryptocurrency holders can even pay […]
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Litecoin’s privacy feature testnet returns as news emerges that Europol sees privacy and coin mixing technologies as major digital threats Litecoin (LTC) has relaunched its MimbleWimble testnet — a protocol designed to enhance privacy and obfuscate the traceability of distributed ledger transactions. MimbleWimble is a modified implementation of the proof-of-work algorithm underpinning Bitcoin (BTC) in […]
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The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa. Africa is the home to 1.2 billion people and what has been described as the world’s largest trade area — the African Continental Free Trade Area. Africa is forging a new path to driving development, and […]
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How to use the opportunities that the Swiss regulatory system provides for crypto projects wisely to speed up the launch of your product. As the cryptocurrency world matures with more and more jurisdictions legalizing it and ensuring crypto becomes an industry standard, cryptocurrency receives a quality mark that proves that it can earn users’ trust. […]
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