Tuesday, February 19, 2019
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Blockchain’s Main Strengths Are Transparency and Instantaneity: HSBC Exec

Transparency and instantaneity are the main strengths of blockchain technology, an HSBC executive claimed in an interview with French business and tech journal L'Usine Digitale, Feb. 4.Béatrice Collot, Head of Global Trade and Receivable Finance at multinational banking giant HSBC, described the role of emerging technologies, such as artificial intelligence

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South Korean District to Implement Blockchain for Administrative Transparency

A district in the South Korean capital has announced it will apply blockchain to its proposal evaluation system, privately owned local news agency Newsis reports on Jan. 16According to the article, South Korea’s Yeongdeungpo-gu — an administrative district in southwest Seoul — aims to strengthen its administrative transparency by applying

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Samourai BTC Wallet Removes Privacy Features at Google’s Behest for Transparency Policy

Bitcoin (BTC) wallet provider Samourai Wallet said it was disabling several privacy-related features in its products due to notices from Google to block the wallet, according to a Jan. 7. blog post.Samourai, which has aimed to provide a Bitcoin-centric experience through adding enhanced anonymity options and removing references to fiat

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Irish Red Cross Partners on Blockchain-Powered App to Bring Transparency to Donations

A Dublin-headquartered startup has teamed up with the Irish Red Cross to use blockchain technology in a new app that improves transparency for charitable donations. The partnership was reported by local daily broadsheet The Irish Times on Dec. 19.The startup, dubbed AID:Tech, is partnering with the Red Cross for use

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Blockchain Transparency Institute Blasts Top Exchanges For Wash Trading

Blockchain Transparency Institute Blasts Top Exchanges For Wash Trading December 19, 2018 by Paul de Havilland The Blockchain Transparency Institute (BTI) has released a report claiming that over 80 percent of trading volume in the top 25 bitcoin trading pairs is faked by wash trading. The findings suggest trading volume is

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leveraging blockchain in e-voting; to bring integrity and transparency

Catalonia is looking for ways to increase election participation by citizens abroad. A recent report in La Vanguardia indicates efforts at leveraging blockchain in e-voting by the government of Catalonia. According to the report, the autonomous region experienced high turnout in a recent referendum to secede from Spain. In particular,

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blockchain and AI to curb tax evasion; through facilitating transparency

Tax evasion is a problem many countries are grappling with, throughout history in fact. The situation is the same for Thailand. In particular, the country’s Revenue Department will utilize blockchain and AI to curb tax evasion. Interestingly, the department will utilize the fundamental principles of blockchain to verify data associated

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Lack of Transparency to Blame for Tether’s Loss of USD Peg: Novogratz

Five days since losing its U.S. dollar peg, fiat-backed cryptocurrency tether (USDT) continues to trade at a discount to its supposed $1.00 valuation. Defenders have largely chalked up the markdown to FUD, arguing that supporters of other “stablecoins” are launching a coordinated assault on tether, which has long dominated this market

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Tether ‘Didn’t Do a Great Job on Transparency,’ Claims Investor Mike Novogratz

Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrency investor and entrepreneur Michael Novogratz told Bloomberg Oct. 18.Speaking in an interview, Novogratz, whose Galaxy Digital investment company is active in the cryptocurrency space, said he favored alternative stablecoins pegged to the U.S. dollar with known U.S. banking connections.“I

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