[ad_1] Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks to work with innovative firms. Speaking to local media outlet Lovin Malta, Caruana noted that few local businesses have been able to secure banking partners, asserting: “Traditional […]
[ad_1] The World Economic Forum is progressing with its blockchain-based project tracking of greenhouse gas emissions. According to a Dec. 15 announcement, the WEF’s Mining and Metals Blockchain Initiative, or MMBI, has released a proof of concept to trace carbon emissions for mining and metals firms. The initiative is a collaboration between the WEF and […]
[ad_1] Following a Citi report downgrading business intelligence firm Microstrategy’s stock to a “sell” rating, analysts for popular trading website the Motley Fool have recommended a lesser-known bank stock that also has an emphasis on cryptocurrencies. Last Tuesday, Citi analyst Tyler Radke downgraded Microstrategy (NASDAQ:MSTR) shortly after the firm announced a debt purchase that would […]
[ad_1] To date, the ever-evolving DLT landscape has brought about dramatic changes to the world of finance and businesses in multiple industries. While blockchain is a type of distributed ledger technology, there are various other applications that have emerged since the advent of Bitcoin (BTC) over a decade ago. What makes DLTs special is their […]
[ad_1] Throughout the past decade, a lot has been said about Bitcoin (BTC) and the future of cryptocurrencies. However, 2020 has so far been a defining year for the industry as current events bring to life what was predicted in the past. The world of cryptocurrency has historically been exclusive to Twitter battles and private […]
[ad_1] Theta, a blockchain that facilitates decentralized video streaming, recently updated its mainnet, adding a number of benefits. Theta’s mainnet now hosts smart contract capabilities, as of a block height of 8,411,427, Theta Labs said in a blog post on Thursday. (At time of publication, Theta’s blockchain shows a height of 8,411,845, so the updates […]
[ad_1] One of Israel’s largest banks, Bank Hapoalim, has joined a blockchain-based platform recently released by IT firm Tata Consultancy Services, or TCS. TCS’ platform, dubbed Digital Bank Guarantee, is based on the Quartz blockchain and targets the digital banking industry in Israel. The new tool will supposedly help banks more effectively manage the lifecycle of […]
[ad_1] A blockchain, in its essence, provides a digital record of transactions. At present, this most often pertains to transaction records for cryptocurrencies like Bitcoin (BTC). The database of records, called blocks, is often touted for its transparency and immutability. But what do these features really mean? If you want to analyze a blockchain transaction, […]
[ad_1] Global regulators should grant Facebook-backed cryptocurrency Diem “the benefit of the doubt” to greenlight its launch in 2021, a top executive at Facebook Financial said. David Marcus, the head of Facebook Financial, or F2, said that both cryptocurrency Diem and related crypto wallet Novi could be launched next year. Speaking at the Singapore Fintech […]
[ad_1] Thailand’s tax collection agency will use blockchain technology to streamline tax payments next year. The Excise Department will use blockchain to improve its revenue collection in lieu of actually raising taxes as the Thai economy still makes a gradual recovery. According to a report by the Bangkok Post, director-general Lavaron Sangsnit underscored that new […]