The Swiss National Bank and BIS don’t want to miss out on possible blockchain-powered benefits for the financial system. The Bank for International Settlements and the Swiss National Bank and are exploring the benefits of implementing a central bank digital currency, or CBDC, using blockchain technology. According to a Dec. 3 announcement, the BIS Innovation […]
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In the latest big move to incorporate crypto by traditional finance, 550 coins will appear in the new indexes from next year. S&P Dow Jones Indices (S&P DJI), a joint venture between S&P Global, the CME Group and News Corp, will debut cryptocurrency indexes in 2021, it has confirmed. In a press release on Dec. […]
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The joint report is among the most promising CBDC studies conducted by central bank authorities Central banks from two of the most powerful economies in the Middle East released a report today on a yearlong joint central bank digital currency (CBDC) project — and results speak glowingly of blockchain technology. First announced in January of […]
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The IOTA Foundation is teaming up with one of Austria’s most prestigious universities to foster research in distributed ledger technologies. The IOTA Foundation, the non-profit organization behind IOTA, IOTA Tangle and MIOTA, announced they will be joining Austria’s newest Christian Doppler Laboratory, or CDL, as an industrial partner. The first of its kind, the laboratory is […]
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The new Ethereum-based network aims to track the life cycle of agricultural products, and counts a pharma giant among its users. On Nov. 18, blockchain solutions provider BlockApps launched a blockchain-based agricultural crop tracking network called “TraceHarvest” — and one of the largest companies in the world, Bayer, is among its first users. TraceHarvest reportedly […]
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Where can you mine Bitcoin and Ether in 2020? Here are the top tips about mining pools and what you need to know before joining one of them. For the past several months, miners around the world have been extremely active, which can be seen through spikes in hash rates that coincided with a significant […]
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Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents’ persistent use of cash? Japan’s three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen. The group consists of banks, various Japanese brokerages, utility […]
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Digital identification is the future. What role will blockchain play? Chinese conglomerate Tencent Holdings is joining forces with blockchain company ShareRing to launch a new digital identification system to streamline international travel amid the pandemic. As the South China Morning Post reported Tuesday, ShareRing will combine its distributed ledger technology with Tencent’s cloud services to […]
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The app will provide travelers at the New York state airport with surface cleanliness data in real-time. With an eye towards the rapidly spreading coronavirus pandemic, Albany Airport has begun experimenting with the “Wellness Trace App” to track the cleanliness of surfaces and objects inside the airport. The app, developed by General Electric Co. (GE) […]
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Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. Top-20 crypto asset by market cap Tezos (XTZ) has successfully completed its latest upgrade, “Delphi,” which aims to reduce smart contract gas fees by 75% to attract decentralized finance (DeFi) developers to build on top […]
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