Universal basic income models based on blockchain systems are being developed, but are they practical? Universal basic income, commonly referred to as UBI, dates back to the 16th century when Sir Thomas More depicted a society in which every person receives a guaranteed income in his famous book Utopia. While Utopia is a fictional work, […]
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The Linux Foundation has launched the ToIP Foundation, a new cross-industry coalition that aims to provide a trusted exchange of data over the internet. Data privacy issues have been escalating in 2020 as personal data is increasingly being used to fight COVID-19. The Linux Foundation, a non-profit technology consortium, has today announced a new data […]
Continue ReadingVeChain, Mastercard and Alipay are among the heavy hitters backing the new APAC Provenance Council, focused on Australia’s $76 billion of exports to China. VeChain, Mastercard and Alipay are among the heavy hitters backing the new APAC Provenance Council, which has already secured millions in funding for supply chain tracking and financing pilots throughout the […]
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British payment startup Checkout.com has joined the Libra Association, becoming the 24th member committed to building a better global payment network. In a fresh move to revive Facebook-backed digital currency project Libra, the Libra Association has onboarded another member. British payment startup Checkout.com has joined the Libra Association, becoming the 24th member engaged with the […]
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The European Central Bank is looking to renovate its payments infrastructure, studying both public and private solutions, with or without blockchain. A blog post from the European Central Bank (ECB) discusses the importance of resilient payment mechanisms. While the report focuses on legacy systems, it also mentions novel blockchain-based technologies like the digital euro. Published […]
Continue ReadingMatrixport’s platform now allows users to buy crypto currencies directly through Visa and Mastercard. Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards. Matrixport users can buy seven cryptocurrencies with most popular fiat currencies As part […]
Continue ReadingIf Bitcoin does not hit $250,000 by early 2023, Tim Draper jokingly says he’ll eat a raw egg. Speaking at Virtual Blockchain Week, famed venture capitalist Tim Draper confirmed that he is sticking to his six-figure Bitcoin (BTC) price prediction. Back in 2018, Tim Draper made a bold public call that the price of Bitcoin […]
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Distributed ledger technology is being leveraged by the coupon industry to provide transparency for the digital coupon market. Coupons, typically thought of as pieces of paper used at grocery stores to redeem discounts, have gained traction throughout the years. It’s been noted that coupons were first used in the mid-1890s by Coca-Cola. Since then, the […]
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The crypto exchange OKEx’s CEO, Jay Hao, talks the future of OKEx and the crypto sector, CMC’s acquisition by Binance and his favorite books. Jay Hao, the CEO of the digital asset exchange OKEx, took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China. In the past, Hao has stated that […]
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Sony has developed a blockchain system for rationalizing services such as trains, buses, taxis, car-sharing and on-demand rental bicycles. While many nations remain at a near-standstill due to the COVID-19 pandemic, major players in tech are continuing to develop innovative infrastructure for when we get moving again. Sony announced on April 23 that it has […]
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