According to Deloitte, the blockchain story is beginning a new chapter, one in which the questions executives go beyond the potential and philosophy of the technology and are now more specific, focused and pragmatic. Executives are no longer asking, “Will blockchain work?” but, “How can we make blockchain work for us?” Blockchain has been a … Continue reading Blockchain Got Down to Business in 2019
Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown. Another legendary Wall Street investor, George Ball predicts Bitcoin will be the safe haven of choice. Jim Rogers said that the recent COVID-19 emergency stimulus programs and central bank bailouts will lead to the … Continue reading Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven
The Chief Executive Officer of Irish based airline RyanAir, Michael O’Leary has declared Bitcoin (BTC) a Ponzi scheme and has urged the boycott of the premier digital currency. These declarations were made after the CEO’s image was used by fraudsters to run a fake Bitcoin ad campaign. According to the report, the online scam which … Continue reading RyanAir CEO Declares Bitcoin a Ponzi Scheme, Urges Public Boycott
According to a senior official at the Ministry of Public Security, funds worth more than 1 trillion yuan ($145.5 billion) flow out of China into gambling activities each year. Liao Jinrong, the director-general of the International Cooperation Department under the Ministry of Public Security, said that gangs operating illegal gambling activities used cryptocurrencies to collect … Continue reading Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals
Despite the coronavirus (COVID-19) pandemic bringing the travel industry to a standstill, a blockchain-powered QR health code system has enabled at least 17 million people to travel between China and Macau, an autonomous region off the south coast of China, since May. Mutual healthcare network China’s southern Guangdong province and Macau have been using a mutual QR … Continue reading Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus
The Bitcoin(BTC) price rose 0.8% over the last 24 hours while almost all every other crypto experienced a drop in price. Ethereum (Eth) fell around 2.5% over the last 24 hours, while Ripple (XRP) dropped 3.3% and Binance (BNB) also fell by 7%. The US stock markets have been suffering as well with the S&P, Dow … Continue reading 4 Reasons Why Bitcoin Rises While the Crypto and Stock Markets Drop
Chengdu, the capital city of China’s Sichuan province, seeks to form a blockchain application to revolutionize cross-border trade, urban governance, smart manufacturing, government services, smart education, financial services, smart healthcare, and smart agriculture by 2022. Creating 30 typical blockchain application scenarios This information was disclosed during the city’s international blockchain industry expo dubbed the 2020 … Continue reading Chinese City Eyes Blockchain Applications for Urban Governance and Smart Education
Gambling companies in Macau are exiting the industry or have already started diversifying their operations away from the city. They say that the gambling industry is in danger if China’s digital yuan is fully implemented across the nation. The industry’s revenues have already been affected by stricter regulations and the COVID-19 pandemic over the past … Continue reading China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry
El Salvador President Nayib Bukelet announced Bitcoin (BTC) would become another legal tender, effective on September 7. The government is also giving a cash handout by offering $30 in Bitcoin to the public. Bitcoin along the dollar will become the legal tender in El Salvador in September. People can choose any of them as a payment medium. To attract … Continue reading El Salvador Airdrops $30 for Bitcoin Handout, BTC Will Become Legal Tender in September
Slovenia is on track to become the first country in the world to launch its first Non-Fungible Token (NFT) series, billed to be showcased at the forthcoming Expo show in Dubai, opening on 1 October. Per its plans, the NFTs will be targeted at promoting the country’s achievements in terms of its business advancements as … Continue reading Slovenia Makes History as the First Country to Launch an NFT Product