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Blockchain has been the most spoken word in the tech world in recent years because of its entry the whole digital space is looking for a complete transformation. Here let’s know more about why the whole digital ground is targeting blockchain in the tech world. The blog comes up with
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Web engineers have been working for a long time to determine if there is a way to prove something is true without revealing any data that substantiates the claim. Zero-knowledge proof (ZKP) technology has enabled the deployment of cryptographic algorithms for verifying the veracity of claims regarding the possession of
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The end of Stronghold's deal with Northern Data will eliminate all profit sharing obligations, which it estimates would have been $10 million-$25 million (depending on the price of bitcoin) until September 2024, according to a statement on Friday. The cash outflow under the previous deal would be about 35% of
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Last week, the Financial Stability Oversight Council (FSOC), of which Yellen is a member along with Federal Reserve Board Chair Jerome Powell, among others, published a report asking Congress to step in to provide guidance on what should be the limits of securities regulation. Original Source
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The largest CBDC pilot in the world is going to
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Harare Institute of Technology, a Zimbabwean higher learning institution, is reportedly developing a central bank digital currency (CBDC). Quinton Kanhukamwe, the institution’s vice chancellor, said the digital currency is expected to help eliminate vices such as currency manipulation and unsanctioned foreign exchange deals. Eliminating Illegal Foreign Exchange Deals A Zimbabwean tertiary
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And then will come the final challenge for the digital euro: whether people actually use it in daily life. Even without using cash, European shoppers have a range of options available to them – they can pay via contactless cards, mobile wallets and QR-code scans – and, Witlox said, the
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The funding will be used in new banking technologies, including
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The OECD said it planned to present the Crypto-Asset Reporting
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