Crypto Leaders Discuss Libra, China's CBDC and a Cashless Future at the Singapore Fintech Festival

The Singapore Fintech Festival gathered even more blockchain professionals on Day 2 of the event, kicking off with representatives of tech giants including Intel, Microsoft, and Nasdaq sharing insights on navigating the impending economic slowdown and global uncertainty regarding the global access to data.  A noteworthy panel followed on the topic of “defining the future … Continue reading Crypto Leaders Discuss Libra, China's CBDC and a Cashless Future at the Singapore Fintech Festival

BCB Blockchain Collaborates with Philippine Government to Support Local Startups

During the 3rd National Technology Business Incubator Summit, BCB Blockchain, a Singapore-based technology firm agreed to join hands with the government of the Philippines to support the development of local startups through creating smart city projects and applications making use of their funds and blockchain protocol. Through the signing of a memorandum of agreement (MOA) … Continue reading BCB Blockchain Collaborates with Philippine Government to Support Local Startups

Government of India to Deploy Blockchain Technology at a National Level

The Indian government has been eyeing blockchain technology since as it has a huge potential of being applied in various sectors such as banking, cybersecurity, education, and governance, securing the future of their economic development and growth. This strategic plan was made known in response to a question in the Lok Sabha as reported by … Continue reading Government of India to Deploy Blockchain Technology at a National Level

Japanese University Integrates Blockchain for Tamper-Proof Academic Records

The Muroran Institute of Technology, located in Hokkaido, Japan, is piloting a blockchain initiative to authenticate its students’ academic records.  As reported by the Nikkei Asian Review on Dec 3, the Japanese university has collaborated with Nippon Telegraph and Telephone West Corporation for the blockchain program expected to begin by March 2020.  BarnardSoft Co. Ltd is … Continue reading Japanese University Integrates Blockchain for Tamper-Proof Academic Records

Indian State to Generate 20,000 Blockchain Professionals by 2021

Kerala, a southwestern Indian state, seeks to churn out 20,000 blockchain experts in the next two years. This development is expected to revolutionize the blockchain space in India.  During a two-day conclave dubbed BlockHash Live 2019, M. Sivasankar, Kerala’s IT secretary, acknowledged: “The coming two years are crucial for us as we plan to produce 20,000 … Continue reading Indian State to Generate 20,000 Blockchain Professionals by 2021

AICPA Publishes a Practice Aid for Digital Assets

The growing popularity of crypto assets has left many Certified Public Accountants (CPAs) contemplating how to best account for them under Generally Accepted Accounting Principles (GAAP).  The American Institute of CPAs (AICPA) has not been oblivious to the rapidly changing digital assets ecosystem and has even released a practice aid to help in crypto accountancy … Continue reading AICPA Publishes a Practice Aid for Digital Assets

Combating Deforestation with Blockchain in Africa: Everything You Need to Know

The Most Influential People of African Descent (MIPAD) – an African startup tried to address the deforestation crisis in Africa. Through its social impact initiative, the startup intends to assign and plant over 200 million trees across Africa by 2024.  MIPAD’s Ambitious Plans  MIPAD’s CEO and Founder, Kamil Olufowobi, had a conversation with CNN. He revealed that … Continue reading Combating Deforestation with Blockchain in Africa: Everything You Need to Know

Launch of First Blockchain School Sets to Bring New Hope for Rwanda

The African Blockchain Institute (ABI) has disclosedthat it will start training programs in Rwanda in 2020. This move makes it the first blockchain training school in the nation. Currently, the blockchain school operates in Ghana.  The role and impact of the school in Rwanda  With its presence in Rwanda, the blockchain school intends to provide five courses, including an enterprise blockchain course, … Continue reading Launch of First Blockchain School Sets to Bring New Hope for Rwanda

The Singapore Fintech Association: Boosting the Industry with Blockchain Education

In part one of our interview with Chia Hock Lai, we explored the Singapore FinTech Association’s four main sectors, providing access to capital, connecting startups and giving them access to markets, advocating for pro-innovation policies, and talent and education.  Chia, previously worked for an insurance company, as the head of the digital office. In his role, … Continue reading The Singapore Fintech Association: Boosting the Industry with Blockchain Education

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

The European Central Bank Report on CBDCs  The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.    The new concept provided by the ECB aims to solve the issue of anonymity in digital … Continue reading Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

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