Spain’s Tarragona port, Autoridad Portuaria de Tarragona, wants to be among the premier ones to be blockchain-enabled. This approach is being prompted by the port’s urge to ease complex processes through this technology. Josep Maria Cruset, the port’s president, asserted that blockchain has emerged to be a reckoning force in the modern age as it … Continue reading Spain’s Tarragona Port Seeks to be Blockchain-Powered
Blockchain innovation has significantly changed the way we thought in the traditional financial sector. All of those concepts and business models, such as decentralization, cryptographic tokens, and digital ledger, also brought us more imaginations toward the future forms of money. Although we are still facing the disorder from the 2017–2018 ICO chaos and increasingly strict regulatory frameworks, … Continue reading Stablecoin and Its Potential Business Uses
In a recently published report by the Canadian Chamber of Digital Commerce, showed that Canadians in the blockchain industry are amongst the highest paid professionals in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding cryptocurrency regulation in Canada. The study was conducted by the … Continue reading Canada to Become the Global Leader in the Blockchain Industry, Report Indicates
Libra, the new cryptocurrency by social media giant Facebook, has generated controversy with lawmakers and regulators globally since its announcement in June of this year. Concerns were mostly revolved around the stablecoin potentially disrupting the global financial system. The scrutiny towards Facebook aims at the fear that the new digital currency could possibly take power away from … Continue reading What Global Regulators Think of Libra: The Asia Pacific Edition
Since the inception of blockchain and its deliverance of many opportunities for with disruptive potentials, the question at the back of many minds has been numerous. This article is focused on answering some of those pressing questions. In the education sector, the industry is yet to experience major impacts there have been many integrations of … Continue reading Will Distributed Ledger Technology Revolutionize Education?
You may have heard about deepfakes, procedures that utilize machine learning in the generation of fake videos and images. As a result, they can be manipulated in such a way that anyone can seem to say anything. You might, however, not be aware that similar technological advancements are being used in written text. This has … Continue reading Artificial Intelligence Might Help Eradicate Fake Cryptocurrency News
Chinese internet giant Tencent has been given the go-ahead by China’s State of Administration of Taxation to generate a draft for a blockchain-powered invoice standard. Tencent will be partnering with the Shenzhen Taxation Bureau and the China Academy of Information and Communications Technology to oversee this project. The projectis called the “General Framework of DLT-Based … Continue reading Tencent Gets Green Light for Blockchain-Enabled Invoice Standard
The Chinese central bank, People’s Bank of China’s (PBoC) Digital Currency Research Institute, has signed an agreement with multinational telecommunications giant Huawei. Fan Yifei, the PBoC deputy governor signed the fintech research cooperation agreement between Huawei and PBoC’s Digital Currency Research Institute in Shenzhen at Huawei’s headquarters. Huawei said that the “strategic cooperation” agreement is for FinTech research. Fan also … Continue reading China’s Central Bank Digital Currency Research Unit Signs Deal with Huawei
Since President Xi Jinping’s call for an acceleration of blockchain development in China, the Middle Kingdom has not taken a backward step in the technology’s integration. As reported by the Global Times on Nov. 4, China has integrated an independently developed blockchain-based identification system for its cities into its smart city infrastructure. The new identification … Continue reading China Updates Smart City Infrastructure with Blockchain-Based City Identification System
Mu Changchun, the Director-General of the Institute of Digital Currency of China’s central bank, People’s Bank of China, spoke at one of the panels at the Singapore Fintech Festival held at the Singapore Expo on Nov. 12 regarding the future of digital currencies. Mu made a comment regarding China’s central bank digital currency (CBDC), also … Continue reading China’s Central Bank’s DCEP is Trying to Make WeChat Pay and Alipay Redundant