*** BLOCKCHAIN TECHNOLOGY

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 […]

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