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Philippines and BCB Blockchain to Work Together on Smart Cities

Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement (MoA) with a branch of the Philippines’ Department of Science and Technology (DOST) to support the development of local smart cities.Per a Nov. 23 press release, BCB Blockchain contributed $300,000 to support incubators and startup accelerators in the

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Over 40% of Blockchain Industry Employees Work at Crypto Exchanges

Almost half of all people working in the blockchain industry are employed by cryptocurrency exchanges, new research from industry-focused publication The Block reveals.The Block published the research results on Oct. 23, stating that 42% of people at 158 analyzed companies work for digital currency exchanges, with around 7,700 people

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Stablecoins Backed by Precious Metals — How Do They Work?

Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins.Related: Stablecoins, ExplainedStablecoin is a cryptocurrency whose value is tied to some valuable asset. This asset could be fiat money,

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