The Australian stock exchange ASX had already begun to develop a blockchain infrastructure in December 2017. This infrastructure will replace the current system for processing equity transactions. The current system, known as the Clearing House Eletronic Subregister System (CHESS), is to be replaced with a blockchain solution. However, due to the long-lasting COVID 19 pandemic, […]
The Democrats in the House of Representatives have now indicated that they are seriously considering creating a digital dollar. Digital peer-to-peer currencies, generally have faster payment processing times than traditional payment methods. Federal Reserve not very enthusiastic about digital currencies — so far Until now, the Federal Reserve had moved towards real-time payments without considering […]
A research team at Yale University wants to use new technologies to find out how mankind can fight climate change. As part of this project, the academics have been working on the Internet of Things, artificial intelligence and the Linux’ Hyperledger blockchain platform. Carbon dioxide concentration in the atmosphere alarmingly high, climate change effects frightening […]
After a campaign by the Italian Red Cross (ITR) was able to achieve its fundraising goal within three days, the organization is now asking for further donations in the form of bitcoin. The campaign, which was launched on March 12, is intended to enable the Italian Red Cross to purchase medical equipment for the preliminary […]
The Peoples Bank of China (PBoC) is said to have come closer to issuing a national digital currency. According to an industry insider, the central bank is said to have completed work on the basic functions of the digital currency. The basic functions of the digital yuan have been implemented The basic functions, which according […]
Bitcoin/USD daily basis (Source: Tradingview.com) Bitcoin/USD – consolidation after “black Thursday At the beginning of the reporting week, the price of bitcoin was just above USD 5,000. Already on Tuesday, a renewed test of the zone below USD 5’000 mark followed. Although this led bitcoin to plunge through the USD 4,500 mark, the daily closing […]
Investors are currently struggling in all parts of the world, looking for investment alternatives, with crypto-currencies such as bitcoin being a serious consideration. Financial markets are currently facing their worst crisis since 1929 and in recent days the search volume for the most popular crypto-currency has increased on Baidoo and Google Trends. Bank of China […]
The Italian Banca Sella has set up a service for trading bitcoin in the last few days. The bank is using their “hype platform” for this purpose and sees bitcoin as a secure way to transfer money internationally during the crisis. The “Hype platform” currently has 1.2 million customers Currently, around 1.2 million Italians are […]
Peer-to-peer bitcoin trading in Venezuela has risen sharply due to the closure of banks due to a nationwide quarantine in Venezuela. The nationwide quarantine, which was imposed on 17 March, is intended to slow the spread of the COVID-19 virus. As there are only 33 confirmed cases of the virus known to date in Venezuela, […]
The New York Department of Finance (NYDFS) requires crypto-currency companies to prepare detailed coronavirus preparedness plans. This is to signal the seriousness of COVID-19. Crypto companies face new challenges New York’s crypto-companies must prepare contingency plans with detailed information, according to a letter sent on March 10. The preparations must include strategies to protect employees […]
