Amid growing concerns regarding the transmission of COVID-19, the Bank of International Settlements is pushing for digital currencies. The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic. The bulletin published by the BIS, a 600-member international financial institution representing…
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The proof-of-stake ecosystem continues to refine itself and find creative solutions in pursuit of decentralized consensus — despite the problem’s complexity and challenges. Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is…
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Nomura Research Institute launched Japan’s first blockchain bond, Zaif exchange delisted three assets, and more headlined news from Japan this past week. This week’s headlines from Japan included the country’s Financial Services Agency revealing feedback from the public on recent regulation, the Cabinet Office Ordinance announcing regulatory changes, Zaif exchange removing three crypto assets, BitBank’s…
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Smart cities have become one of the most discussed topics recently, but what do they really mean? And why do we call them “smart”? My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as…
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Voyager has completed its acquisition of Circle Invest after onboarding 40,000 customers. Crypto trade service firm, Voyager Digital Canada, has completed its acquisition of Circle’s retail-facing investment app. On April 3, Voyager announced it had onboarded Circle Invest’s more than 40,000 accounts onto its platform — excluding residents of New York, North Carolina, and Alaska.…
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Blockchain technology would have been a better solution for handling coronavirus-related data in Russia. Experts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia. Moscow’s COVID-19 App is pulled from Google Play On March 25, an app called “Social monitoring” appeared in Google Play store. According to the…
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MiPasa leverages data analytics and IBM’s blockchain platform to ensure accurate and trustworthy COVID-19 data for researchers, clinicians and governments. With each passing day, new data regarding the coronavirus pandemic is being brought to the public’s attention. From the number of cases in various regions to ever-changing safety procedures like wearing masks in public, COVID-19…
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General Motors patent uses blockchain to improve navigation maps, potentially for semi-autonomous driving systems. Major car manufacturer, General Motors, or GM, has filed a patent application for a continuously updating navigation map system. The system would use blockchain to integrate data from vehicle sensors and build a reliable map for autonomous vehicles. According to the…
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EU agency Eurofound laid out several benefits of blockchain in its recent report on digitization. The European Union, or EU, mentioned blockchain technology as part of social services digitization efforts to keep Europe up to speed with the changing times. “As in the case of the services sector, the use of blockchain technology is in…
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Blockchain-based digital identity is becoming mainstream with banks, financial organizations rise to the adoption challenge. Digital identity solutions are on the rise as consumers seek security and accessibility in a digitized world. A new report from 360iResearch shows that the global digital identity market is expected to have reached about $37 Million by the end…
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