Banco Bilbao Vizcaya Argentaria has announced the use of blockchain technology for the bank’s first such issuance of a green bond. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the launch of the first blockchain-backed platform for structured green bonds. The news was announced in a press release published on Feb. 19. […]
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An expert from the Bank of Spain has issued a detailed report on cryptocurrencies, stating that Bitcoin will not have a significant impact on the finance sector. An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy […]
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According to a recent report, the global blockchain in energy utilities market is expected to grow by 60 percent from 2018–2024. The global blockchain in energy utilities market is expected to grow by 60 percent by 2024, according to a new report from Infoholic Research LLP published on Feb. 15. Per the report, the global […]
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Netherlands-based tech company ElaadNL has devised a PoC for a smart grid using IOTA Tangle technology. Dutch technology company ElaadNL has developed a Proof of Concept (PoC) for a smart power grid for electric vehicles using internet of things (IoT)-focused IOTA Tangle technology, according to the company’s announcement on Feb. 14. Per the announcement, the […]
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IBM strikes a deal with one of the largest banks in Europe, Santander, to provide the financial institution with innovative technologies, such as blockchain and AI. One of Europe’s largest banks, Banco Santander, and tech giant IBM have announced an agreement to accelerate the bank’s development of technologies such as blockchain. The news was announced […]
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The Spanish city of Aragon has given over $13 million for the industrial digitalization and implementation of “Industry 4.0” projects. The government of the Spanish city of Aragon has allocated over 12 million euros ($13 million) for the development of “Industry 4.0,” which includes blockchain technology, artificial intelligence (AI), and other emerging technologies. The news […]
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Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting unregulated cryptocurrencies. Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting unregulated cryptocurrencies. The Bank of Spain’s notice, issued Feb. 10, followed an official blog post published two days earlier, which had […]
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As the Year of the Earth Pig has come, it is time to look back at what happened during the previous year. Happy Chinese New Year! As the Year of the Yellow Mountain Dog has drawn to a close, it is time to look back at what happened. While there was a promising start in […]
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Hervé Falciani, a whistleblower convicted of purportedly the largest leak in banking history, plans to launch an ethical cryptocurrency to combat money-laundering and fraud. Frenchman Hervé Falciani, a whistleblower who has been convicted of the largest leak in banking history, plans to launch an ethical cryptocurrency that would combat money-laundering and fraud, Reuters reported on […]
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JPMorgan Securities’ Joyce Chang has said that blockchain technology is still far from reaching institutionalization. Joyce Chang, global research chair at JPMorgan Securities, has said that blockchain technology is still far from institutionalization and must still overcome key hurdles before it can break through to cross-industry adoption at scale. Chang made her comments during an […]
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