Tag: Adoption

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The Cardano Foundation’s new CEO says he will prioritize the platform’s longevity

The incoming CEO wants to convey to the corporate sector that Cardano will be around in 30 years. Cardano recently celebrated the third anniversary of its Mainnet launch. In the run up to this occasion, Cointelegraph had the opportunity to discuss the project’s future plans with the Cardano Foundation’s incoming CEO, Frederik Gregaard. Gregaard, who has not…
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Anonymous donor saves OpenBazaar… for now

OpenBazaar received a temporary lifeline, but they aren’t out of the woods yet. On September 25, OpenBazaar announced that their platform would likely shut down due to financial difficulties, stating that user growth and adoption had stalled. According to a tweet published on Open Bazaar’s official Twitter account, a mysterious donor has since agreed to…
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Crypto regulations in the United Kingdom: Are we there yet?

For the U.K. to remain attractive to the crypto industry, it should strive to provide more clarity and certainty around compliance. Policymaking in the United Kingdom is typically reactionary, and this is no less true in the context of the crypto-asset industry. Reactionary policymaking means that the U.K.’s crypto regime is occasionally behind those of…
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Americans don’t want to give up their paper money, but they should

Cryptocurrency may emerge as a more widely adopted means of exchange as consumers grow increasingly comfortable with cashless transactions. The recent health scare surrounding the COVID-19 outbreak seems to have accelerated the move toward a cashless society, with cashless payment spiking in concert with viral cases. Yet, our findings in a Genesis Mining study called…
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Banks must establish infrastructure for digital assets before it’s too late

Crypto adoption in traditional legacy systems is moving fast, but a lack of technological infrastructure limits compliance and safe storage. The adoption of digital assets in traditional legacy systems is moving fast. In the middle of the year, the digital asset custody industry saw welcome developments when the Office of the Comptroller of the Currency…
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Square CEO Jack Dorsey says Bitcoin holds the keys to security

He also took the time to discuss how content saved via Blockchains becomes effectively immutable. The Oslo Freedom Forum, an event-based entity under the wing of the Human Rights Foundation, or HRF, digitally hosted Square CEO Jack Dorsey for a quick interview on YouTube. During the engagement, the CEO spoke positively of crypto’s largest asset,…
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Inside the blockchain developer’s mind: The governance crisis

In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the third one: governance. This is Part 3 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part 2…
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Samsung’s new blockchain pilots are all about transparently tracking medicine

Blockchain continues to attract interest in the pharmaceutical industry. Samsung SDS will conduct a series of pilot projects in November to test blockchain-powered medicine distribution management. The goal of these tests is to guarantee transparency in the process of tracking pharmaceutical drugs. According to Yankup, the IT branch of Samsung Group announced the pilot programs,…
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Major Indian exchange proposes new regulatory framework to avoid crypto ban

The proposal hopes to avert a blanket ban that some warn would result in the illegal trade of cryptocurrencies Major Indian cryptocurrency exchange BuyUCoin has developed a framework to regulate cryptocurrency in India that it claims has the support of “all the Indian cryptocurrency stakeholders”.  However, it is not clear yet which stakeholders helped develop…
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100M people worldwide now use crypto-based assets, says Cambridge study

Skyrocketing figures show crypto’s growing global dominance.Skyrocketing figures show crypto’s growing global dominance Researchers at the Cambridge Centre for Alternative Finance recently revealed that 100 million people around the world currently hold Bitcoin (BTC) and other blockchain-based assets. In 2018, the 2nd Global Cryptoasset Benchmarking Study estimated the number of identity-verified crypto users at about…
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