Category: Coronavirus

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Is crypto approaching its ‘Netscape moment?’

The world of cryptocurrency shares a similar template to the emergence of the World Wide Web back in the 1990s. This year marks the 30th anniversary of the first web page on the World Wide Web, which means a person has to be nearly half a century old to clearly remember the patchwork progress, the…
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Lack of knowledge is main barrier to crypto adoption, new survey says

55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies. Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey. The Economist Intelligence Unit, the research and analysis…
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Brexit and fintech: A spring stocktake

The United Kingdom no longer has the choice but to adapt to the post-Brexit times, making digital finance one of its priorities. It has been four months since the Brexit trade deal came into effect between the United Kingdom and the European Union. The deal, in common with other free trade agreements, does very little…
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China aims to let foreigners use digital yuan at Winter Olympics in 2022

China wants to allow foreign athletes and visitors to use the county’s digital currency during the Beijing Winter Olympics in 2022. China’s central bank is looking to enable foreign athletes and visitors to use the country’s digital currency during the Beijing Winter Olympics in 2022, according to a top central bank official. Li Bo, deputy…
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South Korea will use blockchain to prevent counterfeit vaccine passports

Blockchain technology is being used to cement confidence in the integrity of new health surveillance measures such as COVID-19 vaccine passports. South Korea, which has begun its COVID-19 vaccine rollout for residents over 75 years of age, has revealed plans to use blockchain technology to certify forthcoming vaccine passports for immunized citizens.  According to Reuters,…
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Moving beyond the crisis narrative: Crypto in a post-pandemic world

Over the last decade, crypto has weathered what feels like crisis after crisis. It’s time to think about what comes next. Everyone knows the story. When the first block of Bitcoin (BTC) was mined, the protocol itself entered a world of grave economic uncertainty. Not long before the market would hit its lowest point of…
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No more pushes and pushbacks: Digital ID solves the privacy dilemma

The need for secure, privacy-centric, fraud-proof digital identities that allow us to demonstrate our credentials has never been greater. A year unlike any other, when much of life went online, created a compelling case for digital identity. Talk of “immunity passports,” privacy-protecting contact tracing apps and even a potential move to online voting systems all…
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Retail traders, not hotshots like MicroStrategy, made Bitcoin in 2020

Without the global retail trader base, the Bitcoin market would not be what it is today: The investment champion of 2020. The twists and turns of 2020 made it arguably the best year on record to be a trader, especially if you were involved in cryptocurrencies. May’s third Bitcoin halving, coupled with the euphoric market…
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UK health service to use blockchain to monitor COVID-19 vaccine storage

The U.K.’s National Health Service will implement an IoT solution built on the public distributed ledger network Hedera Hashgraph in order to monitor the storage of its COVID-19 vaccine supplies. Public distributed ledger network Hedera Hashgraph is being used by a United Kingdom-based digital asset tracking provider called Everyware to provide the country’s National Health…
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Got coronavirus stimulus? Buying Bitcoin has already offered 12% returns

The $600 stimulus check invested in BTC last week would have made you $75 better off already, data shows. Americans who received their second coronavirus stimulus checks on Dec. 29 have already gained 12% — if they invested it in Bitcoin (BTC). As the United States government rolls out another round of “free” money to…
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