Though cryptocurrencies are difficult to evaluate properly, DeFi protocol revenue allows stock market measures like P/E to be used. While it is difficult to define the intrinsic value of most cryptocurrencies, decentralized finance, or DeFi, tokens appear to be an important exception. As explained by Lucas Campbell, analyst at Fitzner Blockchain Consulting, in his Bankless […]
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The People’s Bank of China proposed a blockchain trade financing information platform for the Guangdong-Hong Kong-Macao Greater Bay Area. A number of governing entities in China recently came together to issue an official document, proposing the development of a blockchain-based trade finance platform. Contributors included the People’s Bank of China, the China Banking Regulatory Commission, […]
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The Austrian government is backing a project that would let citizens submit data about industrial waste heat spots for district heating, receiving tokens as reward. An Austrian project is set to use blockchain to help find waste heat hotspots in the cities of Vienna and Graz. Launched by the Austrian Institute of Technology (AIT) on […]
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In light of the cracks revealed by the COVID-19 pandemic, blockchain is needed now more than ever to create a new global paradigm. The outbreak of the COVID-19 pandemic has profoundly impacted the world both economically and socially, serving to aggravate political tensions while driving nationalist protectionism. Despite the full extent of the pandemic being […]
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As the halving approaches, miners in Europe face a serious challenge: Can they survive the event, and will the industry thrive post-halving? As the Bitcoin halving approaches, miners across the world have been forced to make adjustments in order to adapt. The halving will see Bitcoin’s (BTC) production cost double overnight, but luckily the cryptocurrency […]
Continue ReadingCointelegraph sits down with the World Economic Forum’s project lead for blockchain and digital currency, Nadia Hewett, to discuss how blockchain can change the world economy. Last week, the World Economic Forum (WEF) published a major new blockchain deployment toolkit designed to help governments, enterprises and organizations worldwide to develop more resilient value chains going […]
Continue ReadingHas the upcoming halving already been factored into Bitcoin’s price, and can another pump be in the cards in the short term? On Thursday, Bitcoin (BTC) breached the $9,400 mark, thereby boasting a recovery that in many ways put the stock market’s performance during 2020 to shame. From a technical standpoint, Bitcoin’s market surge saw […]
Continue ReadingIran’s Ministry of Industry, Mining and Trade issued a license to Turkey-based company iMiner for operating in the province of Semnan. Iran’s Ministry of Industry, Mine and Trade granted a license for cryptocurrency mining company iMiner to operate in the country. With 6,000 rigs, iMiner’s setup would purportedly make it one of the largest crypto […]
Continue ReadingIn the closing keynote for Virtual Blockchain Week, acclaimed author Don Tapscott argued DLT is the foundational technology of “the second digital era.” To close out Virtual Blockchain Week, best-selling technology author and co-founder of the Blockchain Research Institute (BRI), Don Tapscott, delivered a presentation articulating what he describes as the shift from the internet […]
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Chinese Anhui province gov launches its first blockchain platform. The government of Anhui, a province in eastern China and a part of “Yangtze River Delta Economy Region”, has officially launched its first blockchain platform for providing government services. The launch occurred on April 30, according to local news reports. Starts with local law sector “Blockchain […]
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