Over the last couple of months, governments and central banks throughout the world have issued their own response to the digital currency revolution – central bank digital currencies, known as CBDCs. While most of these projects are work-in-progress, they do showcase how digital currencies will actively shape our lives in the future.
According to…
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The Iota Foundation has announced that it will soon remove the Coordinator, a security related addition to the platform protocol. This move will be the most significant development to-date on Iota’s roadmap. If successful, it could transform the entire blockchain space.
As has been previously discussed, Iota is different from traditional blockchains in that it…
US regulatory bodies have been willfully ambiguous about cryptocurrency for many years, with lawmakers and other government officials refusing to create clear parameters for its legal use. Although there are perhaps a number of explanations for this failure to take action, there is no doubt that blockchain technology, and the digital assets it creates, are…
The banking industry, now well aware of blockchain’s revolutionary potential, continues to explore a range of options for integrating the technology into their present operating processes. Although there is no doubt that cryptocurrency poses a threat to their business models, there are also very real opportunities to use it for their own benefit. Nevertheless, the…
Bitcoin’s price rebound is bringing renewed attention to crypto adoption, and all signs point to significant investment moving into blockchain assets over the course of the next few months. Not surprisingly, comparisons are being made to 2017, when Bitcoin, and many altcoins, rapidly increased in value, reaching all-time highs in early 2018. Nevertheless, much has…
One of the reasons why we all love blockchain is its ability to "connect the dots" and communicate information in a way that is unprecedented. Starbucks is now officially going to use Microsoft's Azure blockchain services to track coffee beans and connect farmers with consumers, according to an article published by GeekWire. Microsoft and Starbucks…
Although e-commerce has existed for twenty-five years, and makes up a substantial portion of the global economy, the ability to spend very small sums online remains an elusive challenge. Blockchain advocates have long pushed cryptocurrency as a solution to this problem, and now that claim is nearing reality. Advancements in scalability and reduction of fees…
Being part of a community is crucial to any investor’s growth. This is particularly true for the cryptocurrency sector, where stakeholders have to be up to date with the latest information before committing their money. Perhaps that is why the US Securities & Exchange Commission (SEC), through its Strategic Hub for Innovation & Financial Technology…
The last couple of years have brought along numerous advancements for the digital environment, yet the internet is still dealing with the challenge of figuring out smarter solutions for online identity management. Granted the massive number of online platforms and the billions of users who access these websites on a daily basis, the digital market…
Germany recently disclosed its plans to launch a blockchain strategy within the course of this year. This was after an inquiry by the parliament which is the body responsible for the nation’s fintech systems. Early last year on 8th March 2018, the European Union announced its Fintech Action Plan.
The goal of the plan…
