Bitcoin’s price recovery continues spur optimism among blockchain advocates, as it is increasingly looking like the months-long bear market is at an end. The flagship cryptocurrency has now spent more than a week above USD $5,000, bringing with it many alt coins, some of which are now at 2019 highs. As significant as these rising…
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Because of high cryptocurrency usage and adoption rates, Asian countries like China, Japan, and South Korea, where few of the first to introduce regulations meant to control the growing industry. Digital currency enthusiasts in South Korea believe that the current regulations are bound to restrict the development of the crypto industry. Because of this, several…
Most interest in cryptocurrency and blockchain technology centers on market value and potential use as an alternative for fiat. The most significant adoption, however, is presently taking place in the industrial economy where interest in distributed ledger systems has become extremely high. Given the scale of growth, manufacturing is poised to be the driving force…
So far, Pakistan’s stance towards digital currencies has been quite harsh, granted that the country’s national bank and government often warned businesses, individuals, fintech firms, and banks to abstain from processing crypto-based payments, and offering digital currency-related services.
Pakistan adopts new crypto regulation,
following FATF recommendations
However,
things are slowly changing. Since digital currencies can…
The past several weeks have seen multiple signs of progress and recovery across the blockchain space, as market values have begun to rebound, and transaction activity has picked up. Platforms designed for decentralized applications (dApps) are among the most notable beneficiaries. Among these Cardano is standing out, with a potential breakout underway, and many crypto…
Deployed military staff and overseas citizens will be able to participate in the municipal elections in Denver with the help of a blockchain-powered mobile application in May later this year.
The pilot application is a collaboration between the City and County of Denver, Voatz, Tusk Philanthropies, and The National Cybersecurity Center. Voatz has helped…
Most crypto analysts agree that mainstream adoption of blockchain technology is well-underway. Although the price recovery of many platforms is clear evidence of this fact, another sign is a rush to hire blockchain experts by a range of legacy financial institutions such as banks, investment groups, and analytics firms. Demand for blockchain skills is clearly…
Crypto-related businesses continue to emerge across the globe, with entrepreneurs seeking to capitalize on the enormous development of the blockchain space. Despite their potential for success, access to banking and professional financial services remains one of the greatest challenges faced by these upstart companies. Most banks continue to be wary of working with cryptocurrency startups,…
One of the main advantages associated with digital currencies
was their semi-anonymous status, meaning that while transaction data is public,
the blockchain does not store any personal information. Following the growing
popularity of cryptocurrencies over the last couple of years, things have
changed. Governments throughout the world have come up with
regulatory frameworks meant to reduce anonymity on the digital…
IBM has officially entered the financial services industry with the launch of Blockchain World Wire (BWW). Using the Stellar blockchain, Big Blue’s platform will enable banks to move large sums of money across borders more quickly, more securely, and for a small fraction of the cost of existing legacy systems. Moving assets across borders is…
