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Nobel Laureate Prof Banerjee – Applying RCT to Financial Inclusion

On the second day of the Asian Financial Forum (AFF), Prof Abhijit Vinayak Banerjee, the winner of the Nobel Prize in Economic Sciences will deliver a keynote speech on financial inclusion. Banerjee won the esteemed prize along with fellow MIT economist and spouse Esther Duflo and Harvard Academic, Michael Kremer. What is Financial Inclusion? Financial … Continue reading Nobel Laureate Prof Banerjee – Applying RCT to Financial Inclusion

What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?

The Wuhan coronavirus death toll hit a daily high, with 565 deaths, and 3694 confirmed cases, a slightly lower number than the day earlier. 28,261 cases of infection have been reported worldwide, with most cases confirmed in Hubei province in China. Syren Johnstone, the Executive Director of the Masters of Law (Compliance and Regulation) Program the … Continue reading What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?

Terminating Fake News with Blockchain

Sometime in 2018, the American Herald Tribune website published a story about Friedrich (anglicized as ‘Frederick’) Trump, Donald Trump’s grandfather. The copy claimed that Frederick was a pimp and a regular drug user. The story went on to say that the man amassed a fortune running several brothels. More recently, stories began to circulate about … Continue reading Terminating Fake News with Blockchain

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

With 27 mainland Chinese cities on lockdown, insurance providers have been relying on blockchain technology to fast track claims payouts during the coronavirus outbreak,which has taken over 800 lives, surpassing the death toll of the severe acute respiratory syndrome (SARS) in 2003. Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is … Continue reading Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

Amid the coronavirus epidemic that has been ravaging China, there have been concerns raised about how this would affect the growth of technology within the region. The country has since turned to the use of blockchain technology to keep track of the supply of virus prevention materials, manage medical data, and in getting public opinion. … Continue reading Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

Blockchain-Powered Donation Tracking Platform Shanzong Seeks to Propel Transparency Amid Coronavirus Scare

With coronavirus having claimed more than 1,800 lives, capturing vital statistics is fundamental in having it curbed. Shanzong, a blockchain-enabled donation tracking platform, has been established in China to boost efficiency and transparency of giving. Notably, some traditional charities have been marred with a lack of proper accountability when it comes to distributing resources to … Continue reading Blockchain-Powered Donation Tracking Platform Shanzong Seeks to Propel Transparency Amid Coronavirus Scare

WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

With the novel coronavirus infecting more than 75,000 people around the world, and with the majority of the Chinese population in the Hubei province infected, authorities in the nation decided to track everyone who bought fever medicine in the province. Provincial officials have taken measures to grasp tighter measures to better control the outbreak, as the situation … Continue reading WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

As the coronavirus pandemic continues to wreak havoc, having claimed more than 3,000 lives and infecting more than 100,000 people globally, tension has become inevitable. The UK police have raised the alarm on fraudsters swindling Britons by demanding Bitcoin payments amid coronavirus scare. Egocentric motives The UK law enforcers noted that scammers have been latching … Continue reading UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter

Brian Armstrong, the CEO of leading crypto exchange Coinbase, recently took to Twitter to openly discuss what he believes it would take for cryptocurrency to attain the popularity of the internet, while also highlighting some striking parallels. In a series of tweets on 4th March, Armstrong discussed how the developments that led to the mass … Continue reading Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter

Binance Continues to Show Support for Measures Against the Coronavirus

With over a month gone since the outbreak of the now dreaded coronavirus, charity organizations, social groups have been credited with the progress being made to contain the spread of the disease. Thanks to the efforts of the Chinese government, multiple provinces and cities have recorded no increase in the number of people infected. Meanwhile, … Continue reading Binance Continues to Show Support for Measures Against the Coronavirus