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USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

The United States of America (USA) and Nigeria are poised to explore potential partnership opportunities in the digital economy, emerging technology, and the advancement of artificial intelligence (AI). The discussions aim to strengthen economic ties between the two countries and foster deeper collaborations in these areas. The Deputy Chief of Mission at the U.S. Embassy, … Continue reading USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector. Allianz Global Corporate & Specialty SE (AGCS) has progressively been developing a token-based ecosystem utilizing blockchain technology.   Currently, the token is still in the experimental phase, although the basic core infrastructure has already been … Continue reading Allianz Advances with Blockchain-Based Token System

VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions

While the United States Securities and Exchange Commission (SEC) once again delayed the decision regarding the Bitcoin exchange-traded funds (ETFs), the investment management firms are planning to sell a “limited version” to institutional investors on Sep 5th.      VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption … Continue reading VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions

VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review

On September 17, the US Securities and Exchange Commission (SEC) officially announced that the Chicago Board Options Exchange’s (CBOE) Equity Exchange had withdrawn its application for the VanEck/SolidX bitcoin ETF proposal on September 13. There was no reason given in the notice published by the SEC, although the decision to withdraw the proposal came a few weeks … Continue reading VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

ConsolFreight released its new Proof of Concept report “Trade Forward” at the IoT Solutions World Congress in Barcelona. The ambitious project has the support of Telefonica, who provided connectivity through Kite, their IoT connectivity platform. It also included the collaboration of key organizations such as EOS Dublin using EOSIO blockchain technology, the Florida Blockchain Foundation, … Continue reading ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

Thailand’s SEC to Eradicate Any Stumbling Blocks to Digital Asset Advancement

Asian nations are gearing towards incorporating digital assets into their economies as the world gets ready for the fourth industrial revolution or 4IR touted to be transformative. For instance, it is speculated that China is setting a precedent in blockchain adoption.  Thailand is also not wasting any time because it intends to open up the … Continue reading Thailand’s SEC to Eradicate Any Stumbling Blocks to Digital Asset Advancement

Algorand Partners with Italian Economic Ministry to Advance Blockchain Initiatives

The Algorand Foundation of Singapore has signed a collaboration agreement with Fondazione Ugo Bordoni (FUB) aimed at testing and advancing the groundbreaking open-source technology developed by its founder Silvio Micali.According to a blog post by Algorand Foundation on Dec. 16, the partnership agreement was signed between the Fondazione Ugo Bordoni, an in-house entity of the … Continue reading Algorand Partners with Italian Economic Ministry to Advance Blockchain Initiatives

Bitcoin 2019 Yearly Overview – Price Movements, Advancement and Adoption

The Journey of Bitcoin BTC Price 24th September 2018 On September 24th, 2018, an entire year ago, the BTC market stood below 7,000 USD. What has happened since? 10 Key elements – Price movements 6000 USD | 3,200 USD BTC bear market drop In early June 2019, BTC suffered a huge loss dropping the market over 50% in … Continue reading Bitcoin 2019 Yearly Overview – Price Movements, Advancement and Adoption

Why Crypto Exchanges Must Reinvent Themselves to Stay Relevant or Else Face Extinction

Several crypto exchanges have shut down their operations due to various reasons. For example, many crypto exchanges have found themselves having little business to sustain the cost of staying open. Others have closed because of the lack of meeting regulatory requirements.  However, cryptocurrency exchanges are not going away. There is already an adequate number of … Continue reading Why Crypto Exchanges Must Reinvent Themselves to Stay Relevant or Else Face Extinction

Former Fed Chair Janet Yellen Comments on AI and Technology Advancement at the AFF 2020

At this year’s Asian Financial Forum, held in Hong Kong, former Federal Reserve Chair Janet Yellen was invited to speak at a Luncheon with moderator Norman Chan, the Senior Advisor at the Hong Kong Academy of Finance.  She started off elaborating on her life after working for the Federal Reserve, “Once a central banker, always … Continue reading Former Fed Chair Janet Yellen Comments on AI and Technology Advancement at the AFF 2020

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