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China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

An interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin.  China dominates Bitcoin mining The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map … Continue reading China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Independent research commissioned by the Electric Coin Company (ECC), the parent firm of privacy-focused cryptocurrency Zcash, concluded cybercriminals are much likely to use Bitcoin over other digital assets.  Bitcoin dominated by illicit activities Rand Corporation, an independent, US government-accredited research lab, was hired by Zooko Wilcox, the creator of Zcash and chairman of ECC as … Continue reading Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026

Allied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from the $107 million recorded in 2018. According to the release shared with Blockchain.News, this will represent a compound annual growth rate (CAGR) of 79.2% because as blockchain are able … Continue reading Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026

HashCash Consultants to Streamline Drug Research and Clinical Trials with Blockchain

HashCash Consultants, a US-based blockchain development company, has set its eyes on revamping the complex process of clinical trials and drug research by availing blockchain solutions. It intends to realize this by forming a pharma consortium with pharmaceutical firms and other medical players. Blockchain-enabled coordination It goes without saying that the drug development process is … Continue reading HashCash Consultants to Streamline Drug Research and Clinical Trials with Blockchain

University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors.   According to the report, the COVID-19 pandemic has created huge volatility in global financial markets. But as … Continue reading University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years.  Global Stimulus for Blockchain The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and … Continue reading Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry. Sharp Declines in Cash As reported by local publication Chosun on May 19, the bank recognized the progress in state-backed digital currencies, popularly called CBDCs, and … Continue reading Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Japan’s central bank announced that it has set up a new research team to dive deeper into Central Bank Digital Currency (CBDC) experimentation and development. The Bank of Japan (BOJ) is possibly preparing for a CBDC, given the recent rising demand for classless payments and growing interest among other central banks. The New Team to … Continue reading Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research

The Monetary Authority of Singapore (MAS) has teamed up with the National Research Foundation, and the National University of Singapore to set up a research institute that will develop and support the needs of digital financial services in Asia.  Jointly developed by the three entities, the Asian Institute of Digital Finance (AIDF) will strengthen education, … Continue reading Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research

Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar

The Federal Reserve Bank of Boston has partnered with the Massachusetts Institute of Technology (MIT) to research the feasibility of cryptocurrencies co-existing with fiat currencies. As reported by the Boston Herald, the partnership will stir the two institutions to study the blockchain technology that enables cryptocurrencies to be traded. Jim Cunha, Senior Vice President at … Continue reading Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar

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