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Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

The scourge of the coronavirus has led to the temporary closure of factories in China with the electronic industry supply chain being hit the hardest forcing an extension in the Lunar year holiday following the outbreak of the virus. Despite quarantine and several measures being actively employed to halt the spread of the virus in … Continue reading Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The novel coronavirus, also known as COVID-19 has spread to at least 25 other countries and caused 5 deaths outside of mainland China. Restrictions in Hubei, of the epicenter province of the outbreak, have been imposed further on its citizens. In Wuhan, the city where the coronavirus originated, has been banning its citizens from leaving their homes.    The World Health Organization … Continue reading The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

Amid the coronavirus epidemic that has been ravaging China, there have been concerns raised about how this would affect the growth of technology within the region. The country has since turned to the use of blockchain technology to keep track of the supply of virus prevention materials, manage medical data, and in getting public opinion. … Continue reading Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

Blockchain-Powered Donation Tracking Platform Shanzong Seeks to Propel Transparency Amid Coronavirus Scare

With coronavirus having claimed more than 1,800 lives, capturing vital statistics is fundamental in having it curbed. Shanzong, a blockchain-enabled donation tracking platform, has been established in China to boost efficiency and transparency of giving. Notably, some traditional charities have been marred with a lack of proper accountability when it comes to distributing resources to … Continue reading Blockchain-Powered Donation Tracking Platform Shanzong Seeks to Propel Transparency Amid Coronavirus Scare

Creating Corruption-Free Ecosystems with Blockchain: A Study

The Roman Empire was one of the greatest successes of human civilization. For most of its 1,000-years plus existence, Rome conquered and expanded across vast swathes of Europe, Asia, and North Africa, creating cultural, architectural, and societal imprints that last to the present day. But such empire, mighty as it was, entered into a decline … Continue reading Creating Corruption-Free Ecosystems with Blockchain: A Study

WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

With the novel coronavirus infecting more than 75,000 people around the world, and with the majority of the Chinese population in the Hubei province infected, authorities in the nation decided to track everyone who bought fever medicine in the province.   Provincial officials have taken measures to grasp tighter measures to better control the outbreak, as the situation … Continue reading WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

What Can We Learn From Coinbase CEO Brian Armstrong's Coronavirus Outbreak Contingency Plan for Employees?

The coronavirus has dominated mainstream media coverage as countries outside of China has been seeing an increase of cases as the death toll reaches 2,700 worldwide. Coronavirus cases in South Korea have reached 1,140, while the recent outbreak in Italy has caused more than 320 infections and 90 cases in Iran.  The World Health Organization … Continue reading What Can We Learn From Coinbase CEO Brian Armstrong's Coronavirus Outbreak Contingency Plan for Employees?

Hong Kong's 2020 Budget: Digital Assets May be Incorporated into Regulatory Framework but not Blockchain

Financial Secretary of Hong Kong, Paul Chan been under intense pressure from lawmakers to dip into the government’s fiscal reserves to help the city get out of an economic slump. After months of anti-government protests and the emergence of the coronavirus epidemic, Hong Kong residents aged over 18 will receive a cash handout of HK$10,000. … Continue reading Hong Kong's 2020 Budget: Digital Assets May be Incorporated into Regulatory Framework but not Blockchain

Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”

Virgin Galactic CEO, Chamath Palihapitiya has dismissed the notion that the disruption to traditional markets caused by the coronavirus will serve as the catalyst for a major Bitcoin and cryptocurrency bull run. Appearing on CNBC’s Squawk Box, Palihapitiya discussed the intrinsic value of bitcoin, stating that everybody would benefit from staking as little as “1% of their … Continue reading Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Equity markets have been surging following the US Federal Reserve’s (Fed) announcement of an emergency rate cut to counter the economic disruption of the coronavirus. The bitcoin price which had also been experiencing a recent bearish decline, also reacted to the news of a rate cut of half a percentage point from the Fed, with a … Continue reading Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

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