Search Results for: Electronic

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.   Earlier this year, the Bank for International Settlements (BIS) … Continue reading India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

UK Financial Conduct Authority: We Will Not Regulate Bitcoin and Ether

The British Financial Conduct Authority (FCA) has confirmed that they will not be regulating cryptocurrencies such as Bitcoin and Ether as it falls out of their perimeter.  The FCA first issued a finalized policy statement on digital assets titled “PS19/22: Guidance on Cryptoassets”. This policy statement update is in response to the feedback received from the previous … Continue reading UK Financial Conduct Authority: We Will Not Regulate Bitcoin and Ether

Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Cryptocurrencies have become increasingly popular in the adult entertainment industry, as it can guarantee a high level of anonymity to its users, especially for pornography-related businesses.    Anonymity and Privacy   Many adult entertainment websites have created new ways users will be able to protect their identity details through crypto payment systems. In a research conducted by the studio VogoV last … Continue reading Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

In an effort to increase the level of expertise in the field of distributed ledger technology, the government of Bangladesh has expressed its intentions to send 100 new graduates for blockchain training in Japan and India according to the report by Bangladesh’s English-language newspaper The Daily Star on Aug. 4. The country also plans to … Continue reading Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector. Allianz Global Corporate & Specialty SE (AGCS) has progressively been developing a token-based ecosystem utilizing blockchain technology.   Currently, the token is still in the experimental phase, although the basic core infrastructure has already been … Continue reading Allianz Advances with Blockchain-Based Token System

Fighting for Monetary and Financial Freedom

If we want to understand why blockchain will disrupt and uproot our current monetary and financial system, we need to understand the following: the history of currency; what is a currency; why currency exists; and the relationship between currency and wealth. Then we look at three key aspects (money form, money issuance, and the flow … Continue reading Fighting for Monetary and Financial Freedom

Brazil Records the First Blockchain-Based Birth Certificate

The first birth certificate recorded on the blockchain was issued in Brazil to Álvaro de MedeirosMendonça.      As reported by Cointelegraph Brazil, Álvaro was one of the first children to have their birth certificate recorded with blockchain technology without the need for a centralized registry office.      Growth Tech, a tech company, in partnership with IBM, invited Álvaro’s parents … Continue reading Brazil Records the First Blockchain-Based Birth Certificate

Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it’s blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California. The annual Samsung Developer Conference This recent update made by Samsung was followed by a move made last week, where … Continue reading Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE 13 September 2019 Rejection of Conditional Proposal from HKEX Further … Continue reading Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).    In a notice published on September 10, the Hong Kong-listed electronics manufacturer Pantronics Holdings Limited, which was a company that was acquired by Huobi in 2018, uncovered that it would be renamed … Continue reading Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

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