Tag: Blockchain Tech

Bilateral Saudi, UAE Digital Currency Experiment Reveals Distributed Ledger Benefits

Bilateral Saudi, UAE Digital Currency Experiment Reveals Distributed Ledger Benefits

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 […]

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

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

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 […]

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Hotels To Consider Implementing Crypto Payment in Argentina

Hotels To Consider Implementing Crypto Payment in Argentina

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. […]

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

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

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 […]

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Airbnb May Consider Crypto & Blockchain, According to IPO Prospectus

Airbnb May Consider Crypto & Blockchain, According to IPO Prospectus

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) […]

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