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Swell 2019: Dr. Raghuram Rajan on Enabling Financial Inclusion with Blockchain and Digital Assets

Dr. Raghuram Rajan, former Governor of the Reserve Bank of India and Distinguished Professor of Finance at the University of Chicago, took the stage at Swell 2019 and underscored the important role that technology, including blockchain and digital assets, plays in fueling economic growth, increasing financial inclusion and ultimately revolutionizing businesses in emerging markets around … Continued The post Swell 2019: Dr. дальше »

2019-11-7 11:20


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Bank of China Rolls out Blockchain to Streamline Insurance Claims

In line with China’s recent formal endorsement of the technology, one of the largest state-owned financial institutions has just launched its own blockchain. The new Bank of China platform aims to increase transparency and efficiency across the nation’s insurance industry The insurance blockchain solution is the product of the bank’s insurance management IT department and […] The post Bank of China Rolls out Blockchain to Streamline Insurance Claims appeared first on BeInCrypto. дальше »

2019-11-7 22:15


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China’s National Digital Currency is Anything but Decentralized says Ethereum Co-Founder

China’s national digital currency is in the works, which would monitor transactions and curb money laundering. However, according to a recent interview with CNBC on November 5, 2019, Ethereum co-founder, Joseph Lubin, believes that China’s central bank digital currency (CBDC) lacks a key component of blockchain technology, which is decentralization. дальше »

2019-11-6 10:00


European Union Ponders Issuing a Public Digital Currency to Compete With Facebook’s Libra

The European Central Bank (ECB) has recently considered the idea of issuing its public digital currency via a new draft document, according to Reuters. This is seen as a response against the Facebook backed project, as the company’s upcoming launch of the Libra has made regulators all over the world wary. Since Facebook shared plans […] дальше »

2019-11-5 21:25


Вьетнамский банк TPBank присоединился к платежной сети RippleNet

Вьетнамский банк TPBank (Tien Phong Commercial Bank) присоединился к платежной сети RippleNet для осуществления более быстрых международных платежей. TPBank станет первым вьетнамским банком, который использует блокчейн для международных переводов. дальше »

2019-11-5 13:14


Will China Reconsider Bitcoin Exchanges in a Bid to Bank Big on Blockchain and Cryptocurrency?

China has announced its plan to bank big on Blockchain technology when the president of the country had a press briefing calling for the accelerated adoption of blockchain technology. Since the announcement there has been a surge of new developments coming out of China, first, they passed a crypto law keeping the launch of its […] дальше »

2019-11-4 21:48


LocalBitcoins Purchases in Chinese Yuan Currency Reach an All-Time High

Analysts state that Chinese banks are struggling under the weight of their bad loans, and in response, the public is turning towards alternative payment methods such as bitcoin. Four banks have been quietly nationalized over the last few years, they are Baoshang Bank, Bank of Jinzhou, and Heng Feng bank. It’s possible that the economic […] дальше »

2019-11-3 18:36


SC Johnson и Plastic Bank используют токены блокчейна для борьбы с пластиковым загрязнением

Американские производители чистящих средств для дома SC Johnson и Plastic Bank используют блокчейн для предотвращения попадания пластиковых отходов в океан. Инновации на страже экологии В соответствии с трехлетним соглашением, пластик, переработанный компанией, будет использоваться при производстве продуктов Windex компанией SC Johnson с выплатами сборщикам в виде цифровых токенов. дальше »

2019-11-3 14:43


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Another Chinese Lender Bailed Out After Bank Run

Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble […] The post Another Chinese Lender Bailed Out After Bank Run appeared first on Bitcoin News. дальше »

2019-11-3 10:35


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Bitcoin’s value proposition bolstered as China sees sudden bank run

For much of Bitcoin’s 11-year lifespan, it has been laughed off as nothing more than an experiment— a worthless form of “magical internet money” for those on the fringe. But, according to a number of industry commentators, the cryptocurrency’s value proposition was just bolstered with news that a Chinese bank has been subject to what […] The post Bitcoin’s value proposition bolstered as China sees sudden bank run appeared first on CryptoSlate. дальше »

2019-11-3 01:57


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23 Central Banks Divulge Their Digital Currency Requirements

Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. дальше »

2019-11-2 17:18


China’s “Over-Obsessive Control” is the Main Motivation for Its DCEP Digital Currency Initiative

After five to six years of research, China’s central bank revealed few specifics of its Digital Currency Electronic Payment (DCEP) project while a Chinese official finally stated that the People's Bank of China (PBoC) is likely to be the world’s first central bank to launch a digital currency. Digital Currency Electronic Payment will be powered […] дальше »

2019-11-2 22:24