Canada’s central bank recently put out a report on the risks and benefits of a central bank digital currency in an October 5 report. The report pointed to security risks that a CBDC would bring about. Canada’s top bank wrote;…
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New Bill Could See Digital Signatures on a Blockchain Legally Recognised
Digital signatures on the Blockchain could be enforced by law if a new proposed bill is passed into law. The bill is sponsored by Rep. David Schweikert, a republican congressman from Arizona. Possible big win for smart contract advocates The…
Nigerian Crypto Payments Company Wants to Promote BTC Payments All Over Africa
Patricia, a financial based business in Lagos says it aims to usher Africa into a new digital age. The platform has grown from a local ecommerce startup to a global platform used by an estimated 300,000 people. The company which…
Bitcoin Use Soars in Egypt Amid Economic Chaos
The Egyptian economy has been battered by a global pandemic that has seen many lose their jobs and some their lives. In these times of crisis, the younger demographic of the Egyptian population is beginning to appreciate the benefits of…
The European Central Bank will Consider Digital Euro Study Next Year
An October 2, report revealed that a digital euro could be on the way. The report stated that the European Central Bank could begin serious studies on the digital euro next year. The report looked into how a digital euro…
Russia’s Sberbank and S7 ready to Launch Tokenized Flight Ticket System
The largest state-owned bank in Russia, Sberbank, is now working with a major local airline to introduce a Blockchain-based ticket system. S7 Airlines will work closely with Sberbank to develop a new ticket sales platform that will enable clients get…
Travala Adds One Million More Holiday Homes That Can Be Booked with Crypto
International travel booking platform Travala has added one million homes over 195 countries, to its database, with the release of a designated home bookings section called ‘Homes’. The booking platform’s newly added homes have uniqueness to them because they can…
Blockchain Can Help Find Covid-19 Cure
Founder of Crypto ATM network, Bitcoin Depot, believes that the Blockchain community can help develop a cure for Covid-19. Brandon Mintz believes that the Blockchain can do that because of its immense computational power to confirm transactions and generate new…
Global Compatibility will determine the CBDC Race, says Expert
Douglas Arner, director at Asian Institute of International Financial Law at the University of Hong Kong, believes that international interoperability will become the cornerstone of the CBDC race. While speaking at the unitize Blockchain conference on July 14, he argued…
G20 Nations begin Laying the Groundwork for Crypto Payment
Digital currency payments may become a reality for G20 members before the next summit in Saudi Arabia. According to Kyodo news, 19 countries from the G20 unit as well as the European Union have accepted that the digital currency wave…