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G20 Leaders Demand Digital Tax By End of 2020, US Minister Maintains Current Proposal is Discriminatory

The Group of 20 met in Riyadh last weekend with senior officials expressing alarm at the delay in plans to implement new digital taxes on American technology companies. The New York Times reported on Feb. 22, that after two years of economic fallout from a trade war, leaders of the G20 feel that if a deal … Continue reading G20 Leaders Demand Digital Tax By End of 2020, US Minister Maintains Current Proposal is Discriminatory

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-traded cryptocurrency mining company Bitfarms has reduced the number of its staff members because of the ongoing social and economic crisis caused by the Coronavirus pandemic. The crypto mining company is listed on Canada’s TSX Venture Exchange. The mining firm is based in Toronto, Canada and is one of the biggest crypto mining operations in … Continue reading COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

First Chinese State-Backed Blockchain Firm "Tainted" the Nation's Image Due to the Export of Faulty COVID-19 Medical Supplies

Tus Data Asset, a blockchain firm based in Beijing, has been banned by the Chinese government from exporting medical supplies to other countries during the coronavirus pandemic. As the first blockchain technology-based firm backed by the state capital, the company has been accused of tainting the nation’s image by selling poor-quality products. Controlled by the … Continue reading First Chinese State-Backed Blockchain Firm "Tainted" the Nation's Image Due to the Export of Faulty COVID-19 Medical Supplies

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times. Innovative seafood … Continue reading World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

Racing to Save the Planet: The Role of Blockchain in Sustainability

‘The greatest threat to our planet is the belief that someone else will save it.’ – Robert Swan. From the Hindustan Times, December 5, 1984: Poison gas toll 1,200 and rising From The Ottawa Citizen newspaper, Saturday, May 17, 1986 Chernobyl: Tragedy felt around the world From the Valdez Vanguard newspaper, Friday, March 24, 1989 … Continue reading Racing to Save the Planet: The Role of Blockchain in Sustainability

How to Build Sustainable Mobility With Blockchain?

Pursuit for improvement drives innovations in any sector, including transportation. The quest for efficient and fast traveled to the invention of trains and other mass transit services in the 19th century. The 20th century saw an urge for convenient travel among people, with the vehicle of their choice. This resulted in the proliferation of private-owned … Continue reading How to Build Sustainable Mobility With Blockchain?

Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

The US dollar is the world’s reserve currency. Controlling the de-facto global currency affords the United States a range of privileges, which includes driving demand for the dollar which sustains the borrowing power of the US and allows them to impose devastating sanctions on other nations. The inception of cryptocurrencies like Bitcoin, which was essentially … Continue reading Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

Cardano Announces Shelley Mainnet Launch for a More Secure and Fully Decentralized Future Leading to the “Voltaire” Era

When is the Cardano Shelley era coming? The blockchain engineering company behind Cardano, Input-Output (IOHK) announced in a blog post that the Shelley code was successfully implemented in Cardano’s mainnet. This announcement marks the biggest upgrade to the Cardano blockchain so far, with the deployment of the Shelley code confirmed to have been successfully released on the … Continue reading Cardano Announces Shelley Mainnet Launch for a More Secure and Fully Decentralized Future Leading to the “Voltaire” Era

Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform

Indian multinational tech company, Tech Mahindra has announced the launch of a blockchain-based platform aimed at preserving the rights of video content generated by content creators and producers. Video Piracy in the Media & Entertainment Industry The media and entertainment (M&E) industry has seen a rise in piracy and embezzlement, as fragmentation is an ongoing … Continue reading Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

The Filipino government has launched a blockchain-based app that will be utilized in the distribution of government-issued bonds. The novel project dubbed Bonds.PH was developed by the country’s Bureau of Treasury in conjunction with Union Bank and the Philippines Digital Asset Exchange. The mobile app will help provide comprehensive access to the investment opportunity as … Continue reading Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia