Search Results for: Design

World Economic Forum Partners with Mining Companies to Design Blockchain Solutions

According to a Medium post released on Oct. 25, seven major mining and metals companies have decided to partner with the World Economic Forum (WEF) to experiment, design, deploy blockchain solutions and sustainably maximize blockchain sourcing of raw materials. The companies will build a sustainable blockchain platform, report carbon emissions, increase efficiency, track materials, and … Continue reading World Economic Forum Partners with Mining Companies to Design Blockchain Solutions

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

The Basel Committee on Banking Supervision published a paper going over the ‘design of prudential treatment for crypto-assets.’ on Dec.12. It covers several areas such as the risks rising from crypto-asset exposures, as crypto-assets are typically volatile and considered immature due to the lack of standardization and consistent product evolution, especially during periods of financial uncertainty. … Continue reading Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

The US dollar is the world’s reserve currency. Controlling the de-facto global currency affords the United States a range of privileges, which includes driving demand for the dollar which sustains the borrowing power of the US and allows them to impose devastating sanctions on other nations. The inception of cryptocurrencies like Bitcoin, which was essentially … Continue reading Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production

Groupe Renault, a leading French multinational automobile manufacturer, has established the XCEED (eXtended Compliance End-to-End Distributed) blockchain system to certify the compliance of all car parts from design to production.  Adhering to stringent regulations The blockchain-based tool is expected to boost Renault’s efficiency and responsiveness in meeting regulatory stringency in the automotive industry. For instance, … Continue reading Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production

Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC

Banco de España, Spain’s central bank, published its strategic plan that outlines its goals over the next four years. According to the plan, besides examining the European Central Bank’s trends and policies within the Spanish economy, Spain’s central bank would study different design proposals and evaluate the economic implications, including the systematic and financial risk … Continue reading Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC

Digital Euro is Designed to "Protect Consumer Privacy"- says ECB Board Member

The Digital Euro, a Central Bank Digital Currency (CBDC) being developed by the European Central Bank, has been tipped as a more secure option when compared to privately issued cryptocurrencies, particularly stablecoins. The Digital Euro’s claims offer more superior privacy protection by an ECB Board member, Fabio Panetta, who criticized the profit-making agenda of private … Continue reading Digital Euro is Designed to "Protect Consumer Privacy"- says ECB Board Member

Semiconductor Design Company Bitmain Suspends Sales of Antminers in Mainland China

The multinational semiconductor company Bitmain Technology Holding announced that from October 11, 2021, Bitmain’s Antminer will stop shipping to mainland China in order to comply with a series of local bans on strict crackdowns on cryptocurrencies. Earlier, China intensified law enforcement against domestic Bitcoin mining activities. Bitmain has decided to stop the sales of its encrypted mining equipment … Continue reading Semiconductor Design Company Bitmain Suspends Sales of Antminers in Mainland China

HKUST Designs First Virtual Campus in the Metaverse

Hong Kong University of Science and Technology (HKUST) has chosen to ride in the waves of digital innovation and blockchain technology. In a press release, the academic institution announced its intention to establish the world’s first physical-digital twin campuses in the Metaverse.  This, the university believes, would enhance the teaching and learning experience. Therefore, the … Continue reading HKUST Designs First Virtual Campus in the Metaverse

Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype

The European Central Bank (ECB), has confirmed Jeff Bezos’s tech company AMAZON,  as part of the five partners to design a digital euro prototype.  ECB said via a post on its website, that the selected organizations will perform different functions in developing the interface of the virtual euro prototype.  Notably, ECB began to look into … Continue reading Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype

MicroStrategy is Hiring a Bitcoin Developer to Design Enterprise Solutions

American Nasdaq-listed business intelligence firm, MicroStrategy Incorporated has put out a call in search of a Bitcoin Lightning Software Engineer.  The firm is looking for a veteran who will help it in designing enterprise-grade solutions that can help startups looking to integrate Bitcoin solutions with security through a Software-as-a-Service (SaaS) platform. “As a Bitcoin Lightning … Continue reading MicroStrategy is Hiring a Bitcoin Developer to Design Enterprise Solutions

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