The European Commission sees some specific uses for blockchain technology in coordinating communication between member states, fostering crypto innovation. The head of the digital innovation and blockchain unit at the European Commission (EC), Pēteris Zilgalvis, explained the concise benefits of distributed ledger technology (DLT) in an interview to The Banker, a subsidiary of the Financial […]
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Experts weigh in on how blockchain ID can restore self-sovereign identity both online and in the physical world. Although some people in life do an extremely convincing job of indicating otherwise, all humans have an identity. This identity comes in many forms, and as modern life has progressed, the ways in which people can identify […]
Continue ReadingThe World Federation of Exchanges has called for clarity around crypto terminology and its related implications for regulation. Responding to crypto-related regulatory framework from the European Union, the World Federation of Exchanges, or WFE, called for clarity between digital asset and crypto asset classifications. “We believe there could be value in adopting a single EU […]
Continue ReadingQuantum computing could potentially break much of the encryption algorithms and protocols that currently secure the internet and computational industry as they are. Back in the 2000s, when I worked for PricewaterhouseCoopers (PwC), I was the director of technology and innovation. Part of that role was not only helping the company and some of our […]
Continue ReadingBitcoin begins to offset the cautious mood on traditional markets in the wake of a €750 billion pledge from the European Central Bank. Bitcoin (BTC) made unexpected gains on March 19 as another day of coronavirus misery suddenly turned positive for investors. Cryptocurrency market daily overview. Source: Coin360 BTC price reaches six-day high Data from […]
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The need for reducing carbon emissions is increasing. How can blockchain help in the quest to eliminate carbon emissions? Climate change has created a rapidly growing global market for a digital eco-commodity called carbon credits. Current estimates value these carbon markets at over $100 billion annually. A carbon credit represents one metric ton of CO2 […]
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“The fact that an OECD country is recognizing BTC as a ‘fungible’ asset is progress — a wake-up call to banks, institutional investors, regulators that Bitcoin is here to stay.” — Dan Schatt. The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French […]
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Africa remains one the most economically potential regions in the world, crypto and blockchain will help to drive its development. It has been nearly two decades since the world saw the introduction of a new multinational currency bloc that would alter the balance of global power. Just like the euro, a new currency is taking […]
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Many fintech companies chose London because of its strong financial regulation, but how will Brexit affect the industry in Europe and the U.K.? The first round of negotiations between the United Kingdom and the European Union to determine their future, post-Brexit relationship took place between March 2 and March 5 in Brussels, Belgium. The outcome […]
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Some of the biggest names in the Libra Association have joined a rival stablecoin project, which touts its mission as the promotion of financial inclusion using the blockchain. Some of the biggest names in Facebook’s embattled Libra Association have joined a rival stablecoin project, which touts its mission as the promotion of financial inclusion using […]
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