The United Arab Emirates (UAE) could save around $3billion billion in administrative costs by adopting blockchain technology. This information was released by a report published by the World Economic Forum. The aim of the study was to analyze factual examples of applications of blockchain technology and to concretize them. Mirek Dusek, who is a member […]
The Australian central bank (Australian Reserve Bank, ARB) is currently investigating the possibility of a Digital Central Bank Currency (CBDC). The Bank has revealed that it wishes to simulate the use of a CBDC in a wholesale payment system. Many central banks are currently looking at digital currencies, mainly as a result of Facebook’s plans […]
(Image: arborelza, istock) For the past three months China has been caught in a crypto-storm, with those operating within the crypto-industry struggling to keep their heads above the water in a sea of uncertainty. Last week, the notion of ‘blockchain not bitcoin’ resurfaced as the financial regulator in the city of Weihai warned investors to differentiate between […]
(Source: https://www.flickr.com/photos/collisionconf/27964740018) On the 14th of November, democratic presidential candidate Andrew Yang, posted his future plans for the regulation of crypto markets. Yang’s avant-garde approach to technology and automation has been lauded by many within the tech-community. However, for the Satoshi Nakamotos of this world, news of regulation coupled with Yang’s signature policy, universal basic […]
