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 […]
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 […]
The creator of the popular Facebook game FarmVille, Eric Schiermeyer, has entered the blockchain gaming industry. Schiermeyer is the founder and CEO of Blockchain Game Partners and has started developing a blockchain-based gaming platform. Schiermeyer’s gaming network is called Gala Network, and takes place on the blockchain. The platform will allow players to fully own blockchain-based […]
The blockchain development platform LedgerDomain has launched a pilot project for the U.S. Food and Drug Administration on the Drug Supply Chain Security Act (DSCSA) as part of a study. The US pharmaceutical industry could save several million dollars with the help of blockchain technology The program is part of a comprehensive electronic system for […]
Two Japanese companies have developed a blockchain-based solution to respond to the large number of empty houses in Japan. The compliance platform for token issuers “Securitize” has joined forces with the Tokyo-based company LIFULL as part of this project. The aim is to create a financing platform that uses digital securities for investments in real […]
The Supreme Court in India has lifted a restriction on crypto trade. The Reserve Bank of India (RBI), had originally excluded banking services from the use of digital currencies. Reserve Bank of India’s attempt to ban crypto-currencies failed The Reserve Bank of India had made every effort to prohibit the trading of crypto assets by […]
Hyperledger’s four-year existence has been crowned by a special event. The US-American group Walmart has now joined the blockchain group. Hyperledger, which is under the patronage of the Linux Foundation, announced this news at the “Hyperledger Global Forum” event. The event takes place from 03 to 06 March in Phoenix, Arizona. In addition to Walmart, […]
