Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone. Major financial institutions love certainty, and that will help the crypto community immensely. Let’s get down to basics: A stablecoin is a type of digital asset designed to solve the problem of the hypervolatility of cryptocurrencies. This […]
Continue Reading
To become truly decentralized, blockchain projects should remove dependency on the centralized cloud providers used as their data storage. Across Europe, a privacy row has been brewing over various efforts to use coronavirus contact tracing technology. Contact tracing is the cornerstone of the efforts to track the spread of COVID-19 in an attempt to prevent […]
Continue Reading
A Bangeldeshi government agency is collaborating with IBM to harness blockchain for modernizing the country’s digital pension system. IBM has announced an initiative to build a distributed ledger technology, or DLT, based architecture to underpin the digital pension system for Bangladeshi primary school teachers. The proof-of-concept comprises a permissioned network of teachers and other stakeholders […]
Continue Reading
Media magnate Steve Forbes has described crypto assets as “a high-tech cry for help” resulting from the failures of contemporary fiat money systems. In an interview with the Center for Natural and Artificial Intelligence, Forbes Inc chairman Steve Forbes weighed in on cryptocurrency and the future of money. Forbes described cryptocurrencies as a “high-tech cry […]
Continue Reading
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news. Editor’s note: These are times strange enough that every conversation seems to include some verbal acknowledgment like “strange times, huh?” A quasi-anarchist police-free leftist separatist bubble has formed and is growing on Seattle’s Capitol Hill — a sentence […]
Continue Reading
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England. United Kingdom-based blockchain firm L3COS has submitted a proposal to the Bank of England, or BoE, for a blockchain-based operating system to power a central bank-issued digital […]
Continue Reading
The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token. The Venezuelan government announced on June 11 that almost 15% of all fuel payments at petrol stations across the country were made using the Petro (PTR). This rise comes during the first week of […]
Continue Reading
A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets. Protesters in Lebanon have set fire to the central bank in Tripoli in a show of anger with the country’s deepening economic crises and stagnant political orthodoxy. Joyce Karam of United Arab Emirates-based media outlet TheNational reported […]
Continue Reading
Three months after the Supreme Court ruling to lift the banking ban, India’s Ministry of Finance has proposed to ban cryptocurrencies by law. The Indian Ministry of Finance has proposed to legally ban cryptocurrencies within the subcontinent. With this, the Indian crypto community is met with yet another unexpected turn. The proposal will first be […]
Continue Reading
Tradehorn has become the latest startup to launch a cryptocurrency exchange in India after the Supreme Court repealed the Reserve Bank’s ban. The repeal of the Reserve Bank of India’s (RBI) crypto ban has driven a boom in exchanges launching in India, offering hope that the growth of a robust local industry will incentivize lawmakers […]
Continue Reading