Forkast.News is now Forkast Labs

Articles by

Bryan Michael Galvan

Bryan Michael Galvan is a journalist who has worked for the South China Morning Post and has a Master's degree from the University of Hong Kong's Journalism and Media Studies Centre.

June 2021

Ethereum is rocketing out of this world with SpaceX and SpaceChain

Can Ethereum, also known as the ‘World Computer,’ function outside this world — in space? A SpaceX rocket launch today will put that to the test.

May 2021

Bank on change: DeFi’s challenge to traditional finance and fintech

As mainstream finance embraces decentralized finance, neither it nor its younger challengers are likely to escape the evolutionary forces at work.

April 2021

How blockchain can cut down fraud in the wine industry

High-tech solutions like blockchain, IoT, NFC and DLT are increasingly used to authenticate fine wine and detect counterfeits in China and around the world.
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February 2021

Can blockchain protect journalism and push back against censorship?

As press freedoms come under attack around the world, blockchain and distributed ledger technology are emerging to protect journalism.

November 2020

How blockchain can reduce global warming via carbon credit investments

Can tokenizing investments in carbon trading help the world achieve Paris Agreement goals? Stefan Rust of Sonic Capital explains in a Forkast.News Q&A.

Hong Kong and now Australia heating up global digital currency race

China’s DCEP digital yuan and new US interest in digital dollar are fueling sense of urgency on CBDCs — as blockchain firm ConsenSys paves the way.

October 2020

Chinese tech titan Jack Ma: digital currencies may be wave of future

Poised for historic IPO, Ant Group reveals via patent filings its business strategies for China’s new DCEP digital yuan — including how it would help enforce government regulations

What’s up with Filecoin and the uproar over its miners?

Miners’ complaints with economic model are resulting in early rewards release and falling FIL prices. What happened to 800,000 coins?

Blockchain and Space Law 3.0: How smart contracts can help govern the moon and outer space

As nations and private firms venture farther into the galaxy, blockchain and distributed ledger technology could help enforce rules and resolve conflicts.

Congested Ethereum hosts 96% of DeFi transactions. Who are its up-and-coming competitors?

2020 is banner year for DeFi as industry balloons by over $100 billion in volume from Q2 to Q3 — most of it riding on Ethereum, according to a new report

Trump’s Covid ills are infecting cryptocurrency betting markets

Are US presidential candidate futures an accurate gauge of public opinion? Cryptocurrency exchange FTX’s TRUMP and BIDEN prices offer clues.

September 2020

Blockchain is shooting for the stars in the new Space Age

In the first of a special two-part series, Forkast.News examines how blockchain — from smart contracts to crowdfunding missions — could transform public and private ventures in outer space.

Rented hash power for 51% attacks is a ‘huge vulnerability’ for proof-of-work blockchains, says ETC Labs CEO

Ethereum Classic Labs CEO Terry Culver calls the hash rental market shady “like under a rock somewhere…. They’re basically money laundering operations.”

August 2020

Are US regulators finally warming to crypto and digital assets?

CFTC’s new plans for crypto regulations and OCC permitting banks to be crypto custodians could boost digital asset adoption. What’s next for FATF and SEC?

July 2020

Covid-19 intensifies AI rivalry between China and US—at what cost to civil liberties?

While China is pushing more artificial intelligence surveillance technologies into law enforcement and everyday life, the US is having a rethink.

June 2020

China’s new DCEP could fast-forward the nation into a cashless society

The rest of the world may worry over the new e-RMB and what it could do to the US dollar. But inside China, will yet another digital payment system even matter? Forkast.News finds out what the laobaixing think.
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May 2020

What does ‘universal basic income’ have to do with a digital dollar or a central bank digital currency?

Covid-19’s disruption of global economies could speed up changes to financial systems around the world. Will cash become obsolete?

April 2020

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.

March 2020

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.

February 2020

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.
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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.