Cryptocurrency Analysis and News Portal
Canadian public art exhibition organization Vancouver Biennale is preparing to unveil an art installation that combines physical and digital realities withblockchain technology.Located on the south side of the Cambie Street Bridge in Vancouver, the new Voxel Bridge installation is a blockchain-based augmented reality (AR) experience that can be viewed with
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Blockchain Australia, an association representing the local crypto industry, has warned that the country has fallen behind on the regulatory front due to the undue persistence of a dismissive “wild west” narrative.The association has been proactive in its engagement with the state in recent months, as the government continues to
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Chinese central bank branches in Fujian and Guangxi provinces have announced that their provinces did US$2.4 billion and US$875 million, respectively, of blockchain-based export credit insurance financing for the first half of 2021. Fast facts Fujian Province struck a total of 6,516 insurance deals, and Guangxi Province saw 166 enterprises participate. On May
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Blockchain technology has exploded into the mainstream, powered by notable movement in Bitcoin prices, the rollout of central bank digital currencies (CBDCs), and increased adoption of the tech. At its core, blockchain technology brings decentralization — instead of processes or data being controlled by one single centralized entity, they can
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A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%.The report grounds its predictions on a study broken down into segments: by sector – e.g., government, healthcare,
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Rules have come into effect in China that for the first time stipulate the scope of validity of blockchain deposits. The People’s Court Online Litigation Rules, issued by the Supreme People’s Court, took effect yesterday. Fast facts Three of the articles concern blockchain evidence, one clarifies the presumption of the effectiveness
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The Covid-19 pandemic has been tough for everyone, and it highlighted the many inefficiencies in the healthcare industry on a global scale. Inefficiencies such as regulatory uncertainty, manual processing of medical data, fraud and identity theft, vaccine distribution and the logistical nightmare of manual testing of populations have aggressively challenged our
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China’s internet giant Tencent launched a blockchain-based digital IOU service on its flagship product WeChat, one of the nation’s most popular apps for messaging and payments. Fast facts Aside from Wechat’s existing “mini receipt” and “mini contract,” Tencent says its new IOU function would allow friends to borrow money more easily from
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Analysts have long decried the European Union’s lack of homegrown tech giants, pointing to the gulf between the bloc and counterparts like the United States and China. However, the EU now appears to be making moves to up its investments in innovative technologies. The European Investment Fund (EIF), the EU agency
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Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to improve taxation processes with a new initiative.The company announced Wednesday that EY completed a blockchain-based project to address complexities and inefficiencies in the cross-border withholding tax (WHT) process, generally a paper-based process where data
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