Yearn “acquisitions” dominated headlines this week. The biggest events in DeFi this week all involved Yearn.finance, the yield farming optimization protocol. I covered the first, Pickle Finance, in my last installment. Since then, we’ve seen integrations with Cream Finance, a lending protocol similar to Compound; Cover Protocol, an insurance provider that recently paid out users […]
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Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation. When the Sustainable Development Goals, or SDGs, were conceived back in 2012, blockchain technology was in its early days. Few could have foreseen the trajectory and the potential of blockchain for advancing these ambitious targets. But […]
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Blockchain is a revolutionary technology swiftly disrupting many industries, and it could answer some of the most pressing efficiency concerns in the corporate world today. Digital technologies are entering every aspect of our life at a steady pace. However, according to predictions from Huawei in collaboration with Oxford Economics, the digital economy is expected to […]
Continue ReadingClimate change caused by carbon emissions might be one reason for such a terrible global COVID-19 pandemic scenario. JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report […]
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Solarization dominating green energy efforts in the EU. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electricity, currently produced predominantly using coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal […]
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The WEF has teamed up with seven major metals and mining firms to develop responsible sourcing and sustainability practices using blockchain. Last week, the World Economic Forum teamed up with seven major mining and metals firms to develop responsible sourcing and sustainability practices using blockchain. Specifically, the “Mining and Metals Blockchain Initiative” will include building […]
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Precious metals streaming company Wheaton Precious Metals will use blockchain technology to facilitate its metal accounting processes. Precious metals streaming company Wheaton Precious Metals (WPM) will use blockchain technology to facilitate its metal accounting processes, mining.com reported on June 12. WPM has reportedly hired software company Blockhead Technologies to deploy its blockchain-based platform STAMP to […]
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A top executive at one of Asia’s largest banks says trade finance needs to go digital because forged paper records have become too sophisticated. A senior executive at one of Asia’s biggest banks has said the $9 trillion trade finance industry needs to be digitized in order to tackle fraud, according to a Bloomberg article published on May […]
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Amid ethical concerns about mining cobalt, Volkswagen is joining a blockchain-powered platform to ensure the mineral is ethically sourced. Volkswagen is joining a blockchain-powered scheme to ensure the cobalt used in lithium-ion batteries for its electric vehicles is responsibly sourced. The carmaker announced its involvement in a news release on April 18. The German-headquartered company […]
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With IoT back in the spotlight, it’s a good time to look at what impact blockchain has on the industry and what challenges there are to overcome. The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain […]
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