Search Results for: Digital

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.   Shenzhen, a major city in China in the Guangdong area, is China’s first special economic zone.   According to China’s state media Xinhua, the announcement stated: “The Central Committee of the … Continue reading China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

Whatsapp is Close to Launching Digital Payments in Indonesia

Whatsapp, the Facebook-owned messaging platform has been engaging in preliminary talks with multiple Fintech establishments to launch digital payments in Indonesia.     The digital payment system by Whatsapp could become the second country globally where it will be launched, as reported by Reuters. Facebook’s dealings with digital wallets could become a template for Whatsapp to adopt in other emerging markets … Continue reading Whatsapp is Close to Launching Digital Payments in Indonesia

Blockchain Technology Implemented into Indonesia's Digital Economy

Indonesia’s digital economy market projected at US$100 billion by 2025 Indonesian e-commerce transactions have surged by 151% since 2017 Internet penetration in Indonesia stood at 64.8% of Indonesia’s total 264.7 million population Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution. Indonesia is currently the third-largest … Continue reading Blockchain Technology Implemented into Indonesia's Digital Economy

KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

According to the latest survey commissioned by KPMG, US consumers are more willing to use blockchain tokens. The study released this week indicates that regardless of background or age, US consumers are becoming more open to using digital currency tokens. With advanced technology tools being applied, they become more familiarized with the use of various … Continue reading KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund

Wave Financial, based in Los Angeles, launched the Wave BTC Income & Growth Digital Fund, racing to become the first crypto derivatives-based yield fund in the market.    Benjamin Tsai, managing partner of Wave Financial, mentioned that Fidelity Digital Assets is now available to provide custody for their fund after several months of due diligence.   … Continue reading Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund

US Congressmen Ask Federal Reserve to Create National Digital Currency

Two members of the United States House of Representatives Financial Services Committee recently asked the Federal Reserve if it has any plans to create a U.S. dollar digital currency. Fed Must Ensure Monetary Stability On Sept. 30, U.S. Representatives French Hill and Bill Foster sent a letter to to Federal Reserve Board Chairman Jerome Powell outlining … Continue reading US Congressmen Ask Federal Reserve to Create National Digital Currency

Digital Health Funding on Track for Another Stellar Year

This article was contributed by our content partner, Nexchange Now. Despite simmering down after a sizzling first half, digital health funding remains near all-time highs, according to Rock Health. Startups in the space are reportedly on track to raise an estimated $7.3 billion this year, a billion short of 2018’s $8.3 billion but more than double … Continue reading Digital Health Funding on Track for Another Stellar Year

SAP and Infosys Join Forces to Accelerate Enterprise Digital Transformation Projects

Infosys and SAP are in talks to create a joint go-to-market engagement model between project Embrace from SAP and Infosys’ Innov8 program. The joint engagement model is intended to help companies accelerate their digital transformation based on SAP S/4HANA® to build intelligent enterprises.According to a press release, the collaboration aims to enable Infosys to become one … Continue reading SAP and Infosys Join Forces to Accelerate Enterprise Digital Transformation Projects

Uruguay Digital Party Join Forces with Aeternity for Blockchain-Enabled Internal Voting

One of the objectives of the Uruguay Digital Party is to restructure its internal voting process through blockchain technology. For this goal to be realized, the political party has collaborated with Aeternity, a blockchain startup, whose mandate will entail maximizing citizens’ participation in internal voting utilizing blockchain.  Founded in 2013, the Uruguay Digital Party has … Continue reading Uruguay Digital Party Join Forces with Aeternity for Blockchain-Enabled Internal Voting

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT  Since President Xi Jinping’s original proposal of the Belt and Road Initiative in 2013, a major limitation that the initiative has faced is the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors. The … Continue reading Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

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