On August 30th, 2022, Helium announced plans to move its network to Solana. The move was meant to increase operational efficiency and take advantage of Solana’s excellent development tools, applications, and features. Ostensibly, Solana could facilitate better data flow, management,…
McDonald’s to accept Bitcoin in Switzerland
McDonald’s, the world’s largest fast-food chain and one of the best-known brand names is among the first to participate in a crypto-friendly experiment in the town of Lugano in Switzerland. Lugano announced in March of 2022, that it will start…
Mastercard launches Crypto Secure to assist banks to determine the risk of crime associated with crypto exchanges
MasterCard, the payment network giant, has launched a first-of-its-kind technology solution named Crypto Secure. It is designed to bring security and trust to the crypto and digital ecosystem. It aims to bring a new level of trust to crypto purchases…
SWIFT plans to use Chainlink for its global payment system
The Society for Worldwide Interbank Financial Telecommunication more commonly known as SWIFT is partnering with Chainlink to create a cross-chain interoperability protocol (CCIP) in an initial proof-of-concept. SWIFT provides inter-bank messaging which is the backbone of the world’s financial system. Chainlink on the…
SEC Files Charges Bermuda and Canada based firm’s in a Crypto Asset Pump-And-Dump Scheme
In 2017, Arbitrade Ltd., a Bermudan company, and Cryptobontix Inc., a Canadian company offered a new type of crypto token which could make gold easy to own. With a few clicks of your smartphone, you could own gold without the…
“Sand Dollar!” Bahamas Unveils World’s First CBDC
The central bank of Bahamas has unveiled the “Sand dollar”- a taste backed virtual currency now available nationwide. The announcement was made on October 20 on Facebook by the project sand dollar account at 10 PM UTC. The announcement meant that the…
17 Million tourists Verify Health through Blockchain as Chinese tourism bounces back
Mainland tourism in China is back thanks to Blockchain-based health records. This report is according to Blockchain consortium FISCO BCOS. Tourism has fallen flat thanks to COVID-19 globally, with great tourist destinations like France, China, Kenya and Tanzania seeing their…
HBCUs are Gearing Up to Introduce Blockchain Courses
Several (Historically Black Colleges) HBCUs are exploring the next phase of decentralized technologies in a bid to see their students get ahead of the curve. As the technology becomes more mainstream Tonya Evans, chair at MakerDAO Foundation and visiting professor…
FED Chair on CBDCs: America Wants to Get It Right not First!
According to FED Chairman Jerome Powell, the US will not unveil a digital dollar unless all the questions surrounding it are resolved. Responding to concerns that other countries were closing in on finalizing their digital currencies and unveiling them, Powell…
IBM Health set to unveil COVID-19 Blockchain-based Digital Health Pass
The pandemic has had many people bed ridden while industries have been paralyzed. Schools have been shut and many have been unable to go to work. IBM Watson Health is making a contribution to improving the situation by offering a…