Forkast.News is now Forkast Labs
bank2

Why central banks are pushing ahead with digital currencies

Central bank digital currencies could change government, the economy, and even society, writes Digivault CEO.
money edited

As China’s DCEP approaches launch, Facebook’s Libra pivots

This week has been one where big changes came fast and furious on the opposite sides of the central bank digital currency world.  First, alleged screenshots of a mockup of the People’s Bank of China central bank digital currency’s mobile app were published, giving the public a taste of the apparent functionality of the platform […]
anna auza D7Q6JpFleK8 unsplash

Covid is disrupting the global workforce to its core. What will the future of work look like?

Companies are decentralizing into purely digital workplaces to survive the pandemic. What are the long-term implications on the structure of employment and the technologies required for working from home?
CF8 thumb

Ep. 8 | Reddit crypto awards, Ripple coupling with BoA, blockchain boozes up in China, and more

Also: Dozens of crypto firms sued in 11 class-action lawsuits. Bitcoin mining company Canaan bleeds red ink. Fintech funding in India, and more.
Podcast Cover Photos dibb

Why invest in Bitcoin when global markets are still a hot Covid mess?

Bitcoin’s tumbling prices during the coronavirus pandemic may be an opportunity to buy the dip.
dollar

How a tokenized digital dollar could modernize the American financial system

The U.S. backed away from a digital dollar in its coronavirus relief package. But a tokenized dollar would be better for America — and bring us closer to a true central bank digital currency, says a director of the Digital Dollar Project.
farm 2852025 1280

Why Canaan’s red ink illustrates the big challenges now facing crypto mining

Aside from concerns about mismanagement, what else is causing Canaan to flounder? Forkast.News analyzes Canaan and the many storms — including the Covid economy and the next Bitcoin halving — now rocking the world of crypto mining.
virus 1

How healthcare uses blockchain to wage a smarter war against the coronavirus pandemic

Distributed ledger technology can help flatten the curve of Covid-19 through telemedicine, supply-chain security, rapid payments and more.
Ep 7

Ep. 7 | Binance buys CoinMarketCap, Toilet Paper Token skunks Bitcoin, China pulls ahead in patent race, and more

Other top news: Blockchain in TV and film. Going Dutch on Covid. Nodle’s new network. BMW tracking auto parts. House rentals in new intelligent city
artem beliaikin e geRd5eCQ unsplash scaled 2

VC deals are slowing in Covid-19 headwinds. Will we see bigger disruption?

Investment totals are down, but deals are still being inked and alternative fundraising methods are flourishing. What kind of investments will thrive? And which ones will likely flop?
40079396114 5599d75430 k

Why South Korea’s new law against bitcoin and other crypto could damage its DeFi sector

The financial watchdog’s ruling would prevent cash from being loaned out for bitcoin and other cryptocurrency. Forkast.News analyzes its likely impact on the sector.
32677459247 2aec6e1e7c k

Safe havens like bitcoin and gold are sinking in this pandemic economy. Where can investors find shelter?

As Covid-19 roils markets and currencies, next-generation algorithmic stablecoins may offer a smoother ride.
48960444846 714e8569d7 k

How China hot-housed a new technology and 35,000 ‘blockchain’ companies bloomed

China is trying to grow its blockchain industry, but are all these startups for real? Forkast.News dives into the data to find the truth behind the numbers.
Ep 6 1

Ep. 6 | New blockchain arsenal to fight Covid-19, Zoom cancels Facebook, coronavirus wipes out Digital Farms, and more

Other top headlines from around the world: Microsoft wants to power mining with brain waves. Crypto exchanges Huobi and OKEx under fire. China shifts to digitally sweep ancestral graves.
bills 2

How the FATF’s travel rule could push cryptocurrency into the mainstream

How are crypto companies complying with the travel rule, and what does it mean for decentralization and privacy? In a Forkast.News exclusive, industry experts analyze FATF’s impact on regulations around the world and what to expect next.
swan 3869076 1280 2

Bitcoin’s ‘black swan event’ — should investors worry?

BTC’s recent tumbles and movements with the rest of market may be an anomaly and opportunity for investors.
Ep 5

Ep. 5 | U.S. weighs digital dollar, Coinbase top lawyer joins Treasury, and more

In this newsletter and podcast, we bring you top headlines around the world, including: A new proposal to create a digital dollar. Coinbase’s legal chief heading U.S. Treasury. A Bitcoin-Red Cross coronavirus fundraiser in Italy. Universal basic income’s revival. Steem’s hard fork into Hive, and more.
1280px Digital money illustration 20180111

Analysis: Are the ‘digital dollars’ in the $2 trillion stimulus plan the first step toward an American CBDC?

Coronavirus’ impact on the U.S. economy might hasten the creation of a digital dollar.
Mask 2

Coronavirus prevention tips for the long haul: face masks, social distancing, hand wipes and more

Coronavirus fears spread panic as well as infection. Face masks, hand washing and social isolation are best practices.
sharon mccutcheon 8a5eJ1 mmQ unsplash

Is Covid-19 universal basic income’s moment?

Robotics and blockchain will unleash massive job losses as workers struggle to adjust. Should society offer UBI to ease the economic pain?
Ep 4

Ep. 4 | Bitcoin’s wild ride, Robinhood in tough times, Covid-19 hacks Ethereum event

Also: Blockchain voting after the Voatz debacle, IOTA limps back after cyber attack, smart cities in China, and Forkast.News insights to help you make sense of the top headlines.
1280px Voting day 1 1

Can blockchain voting break the cycle of elections fraud in Africa?

A decentralized, digitized and secure voting system could make elections more transparent, honest and trusted. But can blockchain voting also stem violence against voters — and overcome stains from the Voatz debacle?
clifford photography AM 6Utithbo unsplash scaled 1

Is death of the STO an exaggeration – or market reality?

Despite all signs that interest just isn’t there for STOs, and ICOs are too tarnished by scams to be a legitimate investment vehicle, this investor thinks there’s life left in both.
stanislav kondratiev ffeVBlLj9qo unsplash scaled 1

Blockchain in telecom: ‘blockchain phones’ need to evolve to be taken seriously

In the third installment of this special three-part Forkast.News series, we look at some phones on the market that bill themselves as ‘blockchain’ but are only doing a disservice to the industry.
Ep 3

Ep. 3 | Top blockchain news on China, France and S. Korea – and a new Ethereum protocol. What’s next for India?

What’s up with South Korea’s new blockchain regulations? And where is bitcoin now legal tender? (Mai oui!) Other headlines around the world: a storm over STEEM, the new Baseline protocol for privacy, HTC’s Exodus 5G Hub, and how the coronavirus has affected blockchain firms in China.
ramiro mendes sMCBEI5zkqc unsplash scaled 1

Going for gold amid coronavirus recession fears

Gold bars are unwieldy. Gold futures and ETFs carry risks. Can gold-backed crypto, or tokenized gold, be a safer hedge during the current market tumult?
1280px Coronaviruses 004 lores

Coronavirus and the challenge of reporting timely and accurate medical data

CEO of Hedera Hashgraph explains how distributed ledgers can help front-line doctors and scientists in the battle against Covid-19, and how the emerging techology may be the future of international disaster relief.
robert thiemann T1rGLeImYYA unsplash

How bitcoin is helping African migrant workers and their families save money

Blockchain technology now offers hope to radically transform the African remittances industry in favor of migrant workers and their families.
bill 1

India crypto leader calls Supreme Court victory against central bank ‘game changer’ for industry

India’s crypto sector saw a major boost after its Supreme Court ruled to lift a ban on crypto trading, paving the way for more blockchain development.
gold 1

Tokenized gold: smart investment as coronavirus fuels economic turmoil?

Coronavirus fears are sending markets tumbling. Could tokenized gold, or gold-backed crypto, be the next-generation investment in times of economic trouble?
david shares URrK Rc4joU unsplash 1 scaled

Blockchain and telecom: HTC’s blockchain phone isn’t what you think it is

Blockchain phones aren’t yet able to offer the ability to provide total security for your data.
irs2

IRS crypto summit airs many questions

Specific identification, hard forks and mainstream use: U.S. crypto investors are scrambling to figure out how new guidelines will affect their tax returns.
and
syed hussaini HlLno CSbq8 unsplash scaled

Crypto has the potential to revitalize India’s economy

The uncertain legal status of cryptocurrencies is under the microscope in India.
michael geiger JJPqavJBy k unsplash scaled

How blockchain can defend against data heists and cyber attacks

As increasingly useful and potentially destructive data migrates onto the internet, more and more countries will deploy cyber weapons. Could blockchain provide a defense against future incursions?
oleg magni E7FYfLSy9KM unsplash scaled

Here’s how blockchain can — and can’t — disrupt the world’s telecom industry

In this first article of a three-part Forkast.News series, we will examine how blockchain can — and can’t — disrupt the world’s telecom industry, and take a closer look at where efforts are falling flat.
Ep 2

Ep. 2 | Lightning Loop, SEC’s crypto safe harbor, Zcash vote on mining rewards

In this episode: Lightning Loop as the Visa of bitcoin, SEC’s crypto safe harbor, and Zcash voting to give 20% of funds to developers
ani kolleshi vu DaZVeny0 unsplash

Mask Hysteria: Face mask do’s and don’ts for the coronavirus

What are the best face masks to wear to protect against Covid-19, and how to wear them? Which masks are the worst and could increase your risk of illness? A medical doctor and face mask researcher explains all.
srikanth d ReUUh61x1qQ unsplash scaled

What does the future hold for blockchain in India?

Blockchain has had an interesting, albeit slightly paradoxical journey in India. On one hand, the technology itself has seen great support from the startup ecosystem as well as the Government. On the other hand, cryptocurrencies have faced huge regulatory hurdles in India, such as the Reserve Bank of India (RBI) issuing a directive to ring-fence regulated entities like banks from the risk of trading virtual assets.
Dr 1

Tokenized health care? How Hedera Hashgraph could improve data transparency in medicine

Public health coins could motivate more people to interact honestly with the health care system during crises like the coronavirus epidemic.
clifford photography hiFghSs4keM unsplash scaled

Vitalik Buterin: Ethereum 2.0 promises better privacy, scalability in 2020

Smart-contract platform Ethereum’s new version is set to operate on a Proof of Stake system that may be released in 2020 according to Andrew Keys, co-founder of ConsenSys Capital. Vitalik Buterin, co-founder of Ethereum explained that Ethereum 2.0 will provide added capacity for users through sharding and scaling, privacy features and more alongside the new Proof of Stake system.
macau photo agency ry8jwmidbc4 unsplash

Are PewDiePie, Manny Pacquiao and Spencer Dinwiddie riding the blockchain wave?

As bold-face names in entertainment and sports like PewDiePie, Manny Pacquiao and Spencer Dinwiddie dabble in blockchain technology, their use of cryptocurrency signal a growing shift toward grassroots financing and cutting out traditional middlemen. But some celebrities are finding a legal minefield.
and
camilo jimenez vGu08RYjO s unsplash scaled

As coronavirus infections skyrocket, blockchain speeds up health care claims and maps out epidemic

Xiang Hu Bao policyholders use Alipay to claim a 100,000 yuan disbursement through a blockchain-powered system, demonstrating the technology’s potential in health care.
Ep 1

Ep. 1 | Spencer Dinwiddie, SEC on IEOs and Bitwise investor bulletin

Welcome to The Current Forkast series with Forkast.News Editor-in-Chief Angie Lau and Brian Lio, CEO of blockchain research group Smith + Crown. In this episode we talk about: NBA player Spencer Dinwiddie’s token release, SEC’s warning on Initial Exchange Offerings (IEOs), Bitwise investor bulletin
leanncaptures rI4pPSmKdus unsplash scaled

‘Crypto Congressman’ ex Rep. Jason Hsu: Taiwan is losing momentum in blockchain

Taiwan’s cryptocurrency evangelist and former congressman says the island is falling behind in STO guidelines, fintech regulations and forming a tech hub.
cdc L0jLHqF7Q94 unsplash scaled

How Hedera Hashgraph’s decentralized tracker could stop censorship in coronavirus reporting

Distributed ledger technology could be used by front-line health care responders dealing with the coronavirus epidemic to submit information in real-time around the world regardless of censorship. HashLog, a dashboard designed to publicly track coronavirus developments via distributed public ledger Hedera Hashgraph, could mitigate political influence involved in spreading information, according to Hedera Hashgraph cofounder and CEO Mance Harmon.
element5 digital T9CXBZLUvic unsplash scaled

Could blockchain have prevented the Iowa caucus debacle?

IowaReporterApp developed by Shadow Inc. failed to deliver timely results of the Iowa Democratic caucus. Blockchain-enabled voting systems could mitigate similar mistakes.
jp valery mQTTDA kY 8 unsplash scaled

Digital commerce leader ‘gravely concerned’ over U.S. losing edge in tech, global reserves

The Chamber of Digital Commerce is “gravely concerned” about how the U.S. Government is addressing technological challenges and opportunities posed by blockchain according to founder and president Perianne Boring. The U.S. could be ceding technological leadership as well as the dollar’s reserve currency status to other nations including China if it does not revamp policies toward emerging blockchain innovation.
isiah gibson sFrkWv4ACJg unsplash scaled

Will China’s digital currency or Facebook’s Libra challenge Ripple’s cross-border money transfers?

As China, Singapore, Canada and other countries develop digital currencies in part to facilitate cross-border transactions, Ripple’s managing director of South Asia and EMEA Navin Gupta said these currencies would primarily only be used domestically.
perry grone lbLgFFlADrY unsplash

Tech is making Chinese charities more transparent

The modern convenience of Alibaba enables rapid, on-demand consumerism that’s worth tens of billions of dollars. So what if Alibaba — and its competitors — turned the technological might that it used to develop modern Chinese consumerism over to developing modern Chinese charity?
wu yi GGCP6vshpPY unsplash

Bored by blockchain? China’s tech talent lured to AI, gig economy

Not enough startups and young talent are as gung ho about blockchain as they are about hotter categories such as such as AI, media or the sharing economy.
bill oxford tR0PPLuN6Pw unsplash

How Baidu, Alibaba and Tencent aim to disrupt Chinese health care

China hopes to provide affordable basic health care to all its citizens by 2020. Now that the private sector has joined public initiatives, the country is starting to see medical care efficiencies thanks to blockchain implementation.
kipras streimikis 00JuluDEK5w unsplash

Chinese telecoms are racing to add blockchain to mobile services

Telecom operators are using blockchain technology for digital identity management, more efficient roaming and combating fraud.
chastagner thierry HbRmgm1UQf4 unsplash 1

China is leading the global blockchain patent race

China has received the largest number of patent applications globally. Intellectual property applications themselves are a revenue source for the government, which generated $35 billion in fees paid for using IP rights.
ybroaf1cn3i e1574246842852

China’s enterprise blockchain policy backs government aim to lead industry

China’s blockchain policy for enterprises is similar to that of the public sector: provide more efficiency and disintermediation. What’s different about enterprise policy is the added element of competitiveness.
evershy Yc9QXbAsGtA unsplash

China’s used-car market is revving into blockchain solutions

Around the world, the used-car industry is notorious for being one of low trust and high incidences of fraud. That also makes it an industry ripe for innovation as it has not adopted effective enough technology to prevent fraud and contain costs.
food 1

Can blockchain guarantee food safety in China?

Having a high standard in food safety and security demands that the food is of good quality, free from disease or infection, and safe for consumption. Keeping up with this standard is a matter of international concern and the responsibility of food producers and governments.
Untitled

Q&A with CEOs of Digital Asset & R3: China, US aren’t in tech arms race

After their panel on how blockchain technology is changing the world of finance and enterprise at Hong Kong FinTech Week 2019, Digital Asset cofounder and CEO Yuval Rooz and R3 CEO David Rutter answered follow-up questions.
markus spiske gcgves5H Ac unsplash scaled

Data privacy is forever changed. Zero-knowledge proofs are enterprise’s solution | Opinion

Innovations in privacy-enhancing technology can address the challenges confronting enterprises from a regulatory, security and competitive perspective, writes Jonathan Rouach, CEO and cofounder of QEDIT.
launchpresso h5iazR wljU unsplash scaled

5 blockchain trends in 2020: Bitcoin halving, Libra, security tokens and more

Smith + Crown focuses its attention on headlines and projects it considers as key developments likely to prove influential in determining the course of blockchain events in 2020.
Ind 1

After China’s digital currency, Indonesia may blueprint its own in 2020

As China’s digital currency is said to be “progressing smoothly,” Indonesia is also working on releasing their own white paper this year, according to Indonesian Blockchain Association cofounder Pandu Sastrowardoyo.
ruben hutabarat p7 o9jpfFmk unsplash

Indonesia’s decentralized island society makes blockchain a must-have | Opinion

Indonesia is a country of 17,508 islands and 260 million people, including 171 million internet users. It’s a huge market, dominated by the digital economy that’s ripe for blockchain disruption.
and
susan yin 2JIvboGLeho unsplash

China’s blockchain education shortage curbs its global ambitions

Universities simply haven’t caught on to the need for blockchain education as they grapple with teaching other emerging technologies, such as big data or AI.
simon zhu 4hluhoRJokI unsplash

Can Hong Kong hold as glue between China and West? HK Exchange is key, says CEO

As protests continue to rock Hong Kong and China’s economy slows, concerns are rising about the Special Administrative Region’s future as Asia’s premier financial hub.
zachary keimig Uizd4Zd41Ww unsplash

China’s blockchain vision focuses on efficiency, not cryptocurrency

The Chinese government has identified blockchain technology development as an issue of national importance, along with other emerging technologies such as AI, deep learning and IoT. President Xi Jinping has outlined the importance of blockchain technology to China’s industrial maturity, urging continued development so China can lead the way in defining international standards.
taylor vick M5tzZtFCOfs unsplash scaled

Kaleido CEO: How ConsenSys’ blockchain provider tackles production hurdles and data silos

Getting blockchain right is hard enough – not to mention building consortium, says Steve Cerveny, founder and CEO of Kaleido, a Consensys Enterprise Business that offers blockchain as a service.
geronimo giqueaux Mp4Fq6zj6D4 unsplash scaled

Cross-border transactions key to connecting a fragmented region | Opinion

Blockchain technology and digital assets have the potential to change the entire finance industry. These blockchain-powered payments networks enable cross-border payments to be hassle-free by having a standard set of technical specifications and standards – reducing confusion and ensuring that all members of the network have access to the same technology, says Ripple’s Navin Gupta.

Inside China’s vision to globalize its currency

The central bank’s digital currency efforts, ironically, would give it more control over the economy.
sec

Privacy doesn’t equal anonymity on blockchain, says Concordium CEO

Identification on a protocol level could help blockchain become mainstream for blue-chip companies like MasterCard, Volvo and Geely if international regulations are met. Anonymity is “exactly what is hindering wider use of blockchain,” said Concordium CEO Lone Fonss Schroder.
simon zhu 4hluhoRJokI unsplash scaled

Chainlink among top crypto performers in October—Fintech Advisory Services report

The Fintech Advisory Services monthly report details the main crypto-metrics and indicators for the past month: News, Market Performance, Networks, Mining Activity, Public Sentiment, and Academic Publications. The report also covers the latest “Hot Topics” in the crypto space. This month: Facebook’s Libra, Telegram’s TON, China’s CBDC, and quantum computing.
China Blockchain Report Banner

China Blockchain Report

franck v U3sOwViXhkY unsplash scaled

AI giants are exploiting your data. A new system can help you take back control

Building artificial intelligence is a game of “surveillance machine learning” that exploits common users’ data. But blockchain technology systems promise to help compensate users for it.
ybroaf1cn3i e1574246842852

Opinion | Why Technology is Forging China’s Critical Path

Executive Summary It has been 40 years since Deng Xiaoping launched China’s Open Door Policy. By several metrics, China’s economic miracle has been extraordinary, with some 800 million people lifted out of poverty in just a few decades and the country playing a critical role in the global economy. But this growth was neither stable […]

Delivered weekly on Thursdays

The Current Forkast

An unmissable weekly round up of the biggest stories in emerging tech from an Asian perspective, featuring commentary from Forkast Editor-in-Chief Angie Lau. Check out recent editions.