Cointelegraph predictions for the first 5 CBDCs of 2021-2022

2021 & 2022 touted to be the most important years for the development of CBDCs Central Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBDCs are virtual representations of the fiat currency of a particular country. They are often based on blockchain technology and are issued and […]

Vietnamese bank issues its first letters of credit on the blockchain

HDBank has processed its first L/C transactions since joining the Contour platform for international trade. Major Vietnamese bank HDBank has now become the first bank in the country to issue letters of credit, or L/C, using blockchain technology. According to a Wednesday report by local media outlet Viet Nam News, the issuance, document presentation and successful […]

The Smartest Way to Buy Blockchain Stocks

The general public finally came to know cryptocurrency during its latest boom cycle in December 2017. Bitcoin prices had surged from under $2,000 in July 2017 to nearly $20,000. The world was introduced to the crypto millionaire, the millennial nerd who rolled the dice on Bitcoin early and now roamed the streets in a Lamborghini. […]

Blockchain & financial inclusion: Digital lending reaches the farm gate

Blockchain-powered digital lending by fintech startup Whrrl is helping raise farmers’ incomes and reduce their dependence on moneylenders Blockchain & financial inclusion: Digital lending reaches the farm gate Warehouse receipt financing was created to help farmers get working capital against their stocks lying in warehouses but it has been plagued by fake receipts, multiple collateral use […]

Customs holding back blockchain trade digitalization: WTO report

The World Trade Organization (WTO) has said customs processes continue to be a barrier to greater trade digitization on the blockchain. In its latest taxonomy of DLT projects in international trade, which sets out a “periodic table” of ongoing projects in the industry, the WTO said customs was currently the “weak link” preventing more widespread […]

Why the blockchain revolution rolls on

It has been a little over 10 years since blockchain technology and Bitcoin exploded into the public domain but, apart from making a few cryptocurrency miners rich beyond belief, the expected transformation of the world as we know it has yet to materialise. Why has the promised technological rapture not done so – and more […]

Ten Spanish companies join forces to promote digital identity using blockchain technology

They will be launching a solution which will give the user a single self-managed digital identity, in a secure reliable environment, to make it easier to fill in forms automatically to take up services, among other uses. The project, known as Dalion, has completed the concept test, and the second phase of the project begins […]

Nigeria hopes blockchain will generate $10B revenue by 2030

“We want Nigeria to be strategically placed to capture value from this economic potential of blockchain,” stated the NITDA director-general. The director-general for Nigeria’s National Information Technology Development Agency, or NITDA, has said that the country could potentially expect a revenue stream between $6 billion to 10 billion from blockchain technology in the next ten […]

Blockchain in journalism: Winds of change carry media to new frontiers

Despite the potential to bring an unparalleled level of transparency to journalism, blockchain adoption by mainstream media may be slow. It is no secret that over the course of the last couple of decades, issues related to fake news, substandard fact-checking and rampant censorship have resulted in many mainstream media outlets losing the trust of […]

Gibraltar Govt Joins the Global Blockchain Business Council as an Observing Member

Gibraltar, of the British Overseas Territories, has been appointed as an observing member of the Global Blockchain Business Council (GBBC). According to a Twitter announcement on the official handle of Her Majesty’s Government of Gibraltar, the admission into GBBC is an opportunity for the British Overseas Territory to collaborate with stakeholders in blockchain advance research […]

Blockchain Market Takes Significant Hit Over Past Two Years

The blockchain market has taken a $2.8 billion hit in the United States over the past two years, starting in the 2018 crypto winter and continuing through to 2020, according to a press release from the group. However, sharing some thoughts on the matter is Michela Menting, a Digital Security Research Director at ABI Research, […]

Ethereum Fees Plummeted 65% in October Following DeFi Volumes Back to Earth

Miners’ income from processing transactions on the Ethereum blockchain more than halved in October as the mania for decentralized finance (DeFi) cooled. Miners’ income from processing transactions on the Ethereum blockchain more than halved in October as the mania for decentralized finance (DeFi) cooled. Ethereum users paid $57.49 million in transaction fees in October – […]

Binance in trouble, blockchain security standard: Blockheads

A Forbes report accused Binance, the world’s largest cryptocurrency exchange, of attempting to deceive US regulators. China got its first blockchain security standard, and processed digital yuan transactions almost doubled in the last month. Bitmain closed another big sale of Antminers to the US, and a new cross-chain protocol was integrated to the BSN. The […]

10 things you thought you knew about blockchain that are probably wrong

Not so long ago blockchain was being touted as the hyper-secure, single source of truth that would solve all manner of business problems. Some of that was overhyped. Even though distributed ledger technologies (DLTs) have matured a lot over the past few years the promise of these technologies has far outpaced the reality of their […]

Blockchain may solve Twitter and Facebook’s moderation issues says Aragon exec

Would decentralized governance save social media platforms from polarizing its users with its politics? Aragon co-founder Luis Cuende told Cointelegraph that the decentralized technology his company has been developing could find its perfect use case on social media platforms like Facebook and Twitter.  In recent months, content moderation practices employed by global social media platforms […]

Facing Down Big Tech: How Blockchain Social Media Will Topple Zuckerberg

There’s a growing realization that social media has become a destructive influence. But can blockchain social media platforms really make a difference? Big tech isn’t just big anymore. It’s grown into a ravenous Cthulhu-esque beast with its tentacles wrapped around almost every data point in our lives. But in the light of a House Judiciary […]

5 things to know before investing in bitcoin

Are you thinking of investing in Bitcoins? You need to be mindful of a lot of things. Most of the online trading platforms dealing with Bitcoin are full of scammers. But Bitcoin ERA official got your back. Ultimate precautions are necessary to prevent losing your hard-earned money to fraudsters. Invest in a platform that guarantees […]

All stocks may one day be tokenized: SEC Chairman

The U.S. Securities and Exchange Commission (SEC), and the U.S Office of the Comptroller of the Currency (OCC) have yet again provided clarity on the cryptocurrency and blockchain regulations in a webinar. In the webinar, SEC Chairman, Jay Clayton, said that SEC’s “door was wide open” for entities to understand how to “tokenize the ETF […]

Will Blockchain DeFi Go Mainstream?

Adoption of permissioned blockchain is growing slowly albeit steadily in enterprises around the globe. Production use cases are increasing, as upcoming Gartner research will show, but the big bang of blockchain has yet to materialize. Value propositions still mainly revolve around process improvement rather than true business transformation. Enter the DeFi Explosion DeFi applications, which […]

Crypto Venture Capital Firm Blockchain Capital Becomes A Member Of Facebook’s Libra Association

Facebook-led Libra Association has added venture capital firm Blockchain Capital to its ranks. Facebook-led Libra Association has added venture capital firm Blockchain Capital to its ranks. In a blog post on September 18, the Geneva-based consortium revealed that Blockchain Capital will be using blockchain technology to create a “more equitable payment system” with the association. […]

The US is number one…in blockchain patents

But the company with the most patents isn’t even American. Despite Chinese firm Alibaba filing the most patents so far this year, the United States still takes the lead as the country with the most blockchain patents, a Sept. 17 report from intellectual property consultancy KISSPatent said. IBM and Alibaba hold the most blockchain patents. […]

Huawei Cloud’s blockchain service just got its first major update in two years

They’re entering the enterprise blockchain arena as part of a push towards empowering commercial applications. Huawei announced an update for it’s blockchain-based cloud service, known as Blockchain Service 2.0, or BCS 2.0, during a recent industry summit. It appears that the platform’s upcoming enhancement will serve as its first major update since 2018.  According to […]

How on-chain KYC can breathe new life into enterprise blockchain

Widespread crypto adoption by enterprises has the potential to become a self-perpetuating mechanism for public blockchains, creating bigger, stronger networks. Of all the developments in blockchain technology over recent years, enterprise adoption has perhaps been the most anticlimactic. As the initial coin offering bubble started to inflate during 2017, blockchain entrepreneurs and commentators alike were […]

China’s Largest Blockchain Initiative Adopts DAML as Smart Contract Language

The DAML smart contract programming language was developed by Digital Asset, an American blockchain startup. China’s largest blockchain infrastructure initiative, also known as the Blockchain Services Network (BSN), has announced its choice of a unified smart contract programming language, dubbed ‘Digital Asset Modeling Language’, or DAML. The language was developed by Digital Asset, an American […]

DIFC and Dubai Future Foundation partner to back AI and blockchain start-ups

The emirate aims to drive innovation in the financial sector, its third-biggest contributor to GDP Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF) signed an agreement to support blockchain and Artificial Intelligence-driven start-ups as the emirate seeks to attract advanced technology companies. The agreement will see the two entities partner on a […]

Enter the Matrix? Nations, Tech Firms Race to Deploy Blockchain to Digitise Global Power: Futurist

Blockchain has been powering cryptocurrencies such as Bitcoin, Ethereum and others, but a quiet tech race has been launched among major powers to develop new applications for the emerging technology. The implications of such new digital systems are set to reshape the world amid global plans to speed up the digitisation of information, among others. […]

Fintech firms will adopt blockchain this decade – Australia

An Australian Government report claims blockchain technology will be key to all Fintech & Regtech companies in the next 10 years. The report highlighted that all the Fintech companies would have to embrace this technology to stay productive in the future. Late this week, the Select Committee on FinTech and RegTech posted an interim copy […]

Singapore Exchange Issues First Blockchain Based Digital Bond

Singapore Exchange (SGX), in collaboration with HSBC Singapore and Temasek, has successfully issued the first blockchain-based digital bond. The Singapore Exchange is an investment holding company. The company operates as a securities and derivatives exchange in Singapore. SGX is also a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges […]

Industry leaders say blockchain makes payment services more efficient

Is blockchain the solution in making payments more transparent and secure? With online payments company Wirecard undergoing insolvency proceedings this month, mainstream financial services like VISA, PayPal, and Mastercard are rushing to fill the digital payments void, and be one of the first to offer crypto payment cards, stated experts in the crypto industry. During […]

China’s Communist Party eyes blockchain for ‘decentralizing’ social services

Beijing’s strategic vision is to use blockchain technology, artificial intelligence, big data and 5G in social assistance system reforms. The Chinese Communist Party has identified blockchain as a key tool for its innovation of nationwide social services. On Aug. 25, the General Office of the Central Committee of the Communist Party of China and the […]

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