Digitized Europe: The Shift to a Cashless World

Emerging technologies such as blockchain are reshaping the landscape of the traditional financial system in Europe. By spring 2020, it became inescapable that we now live in a world with an unraveling future. The once-imminent shift, now fueled by the coronavirus outbreak, has accelerated the pace of technological adoption, and the financial field was among […]

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Portugal Unveils ‘Free Zones’ for Emerging Technologies in Digital Action Plan

Portugal unveils plans for cross-sector “technological free zones” to encourage experimentation in artificial intelligence, blockchain, 5G, nanotechnology and more. The Portuguese government plans to create “Technological Free Zones” (Zonas Livres Tecnológicas) with tailored regulatory regimes that encourage innovation and experimentation. Unveiled on April 21 as part of the country’s ambitious digital transition action plan, the […]

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Academic Research Into Crypto Picks Up, But Universities Remain Hesitant to Fund

Despite innovative research and institutional interest in crypto, academic research funding for blockchain remains scarce. Despite recent advances in academic research into the blockchain for everything from central bank digital currencies to pacemakers, universities and governments lag in their willingness to fund basic research in the sector. While researchers are getting creative when presenting their […]

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Russia Leads Multinational Stablecoin Initiative

Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries. Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, which added five trading pairs: Binance Coin (BNB), […]

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Theranos Was ‘Uncannily Ethereum-Like,’ Says Bitcoin Pioneer Adam Back

Blockstream CEO and HashCash inventor Adam Back has controversially compared Ethereum with the notorious medical-testing startup Theranos. Blockstream CEO Adam Back — inventor of the hashcash Proof-of-Work (PoW) system later used in Bitcoin’s (BTC) mining algorithm — has controversially compared Ethereum (ETH) with the now-defunct biotech startup Theranos.   As part of a Twitter exchange published […]

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Brazil Authorities to Adapt Cross-Sector Regulations to React to Digital Transformation

Brazil will regulate the development of new technologies’ applications in capital markets, finance and insurance following a new initiative. Major government and financial authorities in Brazil have teamed up to develop a regulatory sandbox model targeting new technologies such as blockchain, Cointelegraph Brazil reports on June 13. The new regulatory initiative brings together the Central […]

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