Tag: Coronavirus

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DeFi and healthcare: A trillion-dollar opportunity for the taking

When applied to healthcare, DeFi becomes a very fundamental disruption with the greatest impact. With today’s technological and medical advancements, quality, affordable healthcare should be a basic human right: healthcare for every single person, no matter their socioeconomic level or geographic location. The global size of the healthcare market was worth over a staggering $8.45…
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Mystery shoppers reveal that banks are struggling with COVID-19 response

Despite the COVID-19 pandemic, banks are reluctant to suggest alternative channels to their customers, says report. A recent study examined the response of the 15 leading North American banks to the COVID-19 pandemic. Researchers discovered that tellers only at three banks wore masks 100% of the time.  Participants visited 700 bank branches across the continent belonging…
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COVID-19 shook out retail investors but emboldened BTC whales: Report

Some bought the dip, others decided to wait it out. As the COVID-19 pandemic began, retail and institutional Bitcoin investors took very different approaches, new research from OKEx Insights and Catallact showed.  The research, which looked at on-chain BTC transaction data from January to the beginning of August 2020, found retail investors largely pulled back…
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Pandemic has accelerated adoption of digital currency: ECB President

EU residents are becoming more comfortable with digital and contactless payments. The pandemic has seen consumers adopt digital payments in increasing numbers and the trend was accelerating, said the President of the European Central Bank (ECB) Christine Lagarde. She also indicated a panel of euro-zone central bank officials is set to reveal a verdict on…
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Blockchain-based app easing pandemic travel launched

That’s one less travel headache A blockchain-based app aimed to make travel during the pandemic easier has been launched. The app, called ICC AOKpass, allows users to verify their COVID-19 status instantly. Dorjee Sun, CEO of blockchain firm Perlin, told CIR Magazine that ICC AOKpass “uses a common global standard that can be deployed and…
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Scam warning as Columbia’s President ‘endorses’ Bitcoin Era

Not even the Colombian president is exempt from being impersonated by Bitcoin scammers. The Colombian police have issued a warning about fraudsters promoting a Bitcoin scam website to social media users. The “announcement” about the launch of a fake Bitcoin-related investment system was purportedly “approved” by Ivan Duque, President of Colombia. According to Colombia Check,…
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Institutional crypto interest hasn’t been affected by COVID-19

In a world where almost every asset has shown vulnerability, digital assets have proven themselves to be reliable. The coronavirus pandemic has truly been a watershed event — not just for the financial industry but for the world at large. Many had plans and goals that they wanted to achieve before the year ran out…
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Binance Charity and Integro Foundation raise $1 million for PPEs

More donations can be expected. Binance Charity and Integro Foundation raised $1 million to donate personal protective equipment to frontline workers. A total of 500,000 KN-95 masks will be distributed to workers in the Brazilian Amazon, Argentina, Chile, Mexico, Venezuela, Peru, Ghana, Nigeria, South Africa, Bermuda, Barbados, St. Lucia, Haiti, Bahamas, the Dominican Republic, the…
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A minster’s look at healthcare: Providing fertile ground for blockchain innovation

Further breakthrough deployments of DLT solutions have the potential to strengthen healthcare systems globally. The strain placed on healthcare teams and networks over the past few months has been severe, pushing dedicated medical professionals to the limit as they work tirelessly to combat COVID-19 in communities around the world. The crisis has permeated every facet…
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Japan’s Finance Minister: Blockchain Can Help in Fight Against COVID

Taro Aso, Japan’s finance minister, said blockchain could provide one possible solution to COVID contact tracing, emphasizing privacy. Japanese Finance Minister Taro Aso suggested blockchain would be key in the world’s battle against the coronavirus pandemic as the technology can be used for contact tracing while ensuring privacy. Aso gave the opening remarks for the…
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