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Bilateral Saudi, UAE Digital Currency Experiment Reveals Distributed Ledger Benefits

December 1, 2020 Blockchain Tech, News Eddy 0

A digital currency (CBDC) pilot has been concluded by the central banks of Saudi Arabia and the United Arab Emirates (UAE). Both countries find that distributed ledger technology will enhance cross-border transactions and meet the demands of financial privacy in a strictly digital sense. “The name Aber was chosen because it both captures the cross-border […]

Australia Border Force, Singapore Customs & More to Test Blockchain Trade System

November 30, 2020 Blockchain Tech, Fintech News, News Eddy 0

Blockchain technology is known for its diverse use cases and one of the more popular sectors it has been utilized in is trade. As reported by ZDNet, the Australian Border Force, in collaboration with Singapore Customs and Singapore’s Infocomm Media Development Authority (IMDA) will be using a blockchain-based verification system for trade-related documents between regional […]

Hotels To Consider Implementing Crypto Payment in Argentina

November 25, 2020 Blockchain Tech, Cryptocurrency, News Eddy 0

As Argentina plans to re-open after lengthy, COVID-19 pandemic lockdown-enforced closures by the government which has severely crippled the local economy, Argentine hotels are “prepared to accept crypto payment.” A few months ago, Argentina defaulted for the second time in this century after missing the deadline to pay $503 million in interest on the U.S. […]

Stellar Soars More Than 120% in the Past Week

November 25, 2020 Blockchain Tech, News Eddy 0

The altcoins market is being buoyed by the Bitcoin bull run this week as the bellwether cryptocurrency rallies up to beyond $19,000, and it seems that it is only a matter of time before Bitcoin hits the $20,000 level or creates a new historical all-time-high for the market. Yesterday, most altcoins were seeing green, and […]

Japan’s Private Sector Weighs In on Digital Yen

November 20, 2020 Blockchain Tech, CBDC, Fintech News, News, Regulation Eddy 0

Every country’s governments and financial institutions are making solid attempts at jumping on the central bank digital currency (CBDC) bandwagon, and Japan is no exception. Despite a lacklustre response to the creation of a digital yen late last year, Japan has returned to the course of digital currency innovation as the Bank of Japan takes […]

Vietnam’s Ministry of Education Partners Blockchain Firm TomoChain to Store Student Records

November 19, 2020 Blockchain Tech, News Eddy 0

Student records are now moving onto blockchain networks, at least in Vietnam. According to TomoChain’s official announcement, the Vietnam Ministry of Education and Training (MOET) has announced its partnership with TomoChain, a smart contact platform based in Singapore, to store the certificates and academic records of its tertiary education students under a newly-coined National Qualifications […]

Dan Morehead: The Macro Case for Digital Assets

November 19, 2020 Bitcoin News, Blockchain Tech, News Eddy 0

Dan Morehead, CEO & Co-Chief Investment Officer of the Pantera Capital – an investment firm focused exclusively on blockchain tech and digital currencies, speaking at the Hong Kong Blockchain Week 2020 on his purview of the macro case for digital assets. Morehead began his keynote by addressing the birth of the world’s first digital asset, […]

Why Will Non-Fungible Tokens Sustain The Next DeFi Revolution?

November 19, 2020 Blockchain Tech, DeFi News, News Eddy 0

Yat Siu, Chairman and Co-founder of Animoca Brands – the company behind the Sandbox game, addressed this topic during his latest keynote at the Hong Kong Blockchain Week 2020. Siu kicked off the speech by narrating another pandemic called the Black plague that was affecting the whole world back in the 14th century. Because of […]

Airbnb May Consider Crypto & Blockchain, According to IPO Prospectus

November 18, 2020 Adoption, Blockchain Tech, Blockchain Technology, Investment News, News Eddy 0

Considered to be one of the most anticipated IPOs of the year that found itself, like everything else, waylaid by the developments of the COVID-19 pandemic, Airbnb’s new IPO prospectus seems to entail provisions for cryptocurrency and blockchain, a field it has not delved into before. Submitted to the US Securities and Exchange Commission (SEC) […]

Bitcoin Cash Drops More Than 5% Following Hard Fork

November 16, 2020 Blockchain Tech, Business, News Eddy 0

Bitcoin Cash (BCH) has started the week in a less than ideal state following a hard fork over the weekend, this time due to differences in how the project and network should proceed in the future. The original BCH network has now split into two, the Bitcoin Cash Node (BCHN) and BCH ABC (BCHA), and […]

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