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Hong Kong, Macau and Guangdong have three legal and monetary systems. A new blockchain banking platform would unify the area into an economic hub.

India and DeFi could be headed for a symbiotic relationship — unless the government cracks down on crypto again and forces a breakup.

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.

Game of Thrones at the world’s largest bitcoin mining rig maker culminates, in this week’s episode, with a once-exiled company founder storming and seizing back the corporate castle.

Covid stimulus needs and China’s new CBDC have heightened interest in digital assets, but US lawmakers are still trying to make sense of new technologies. In an interview with Forkast.News, Perianne Boring of Chamber of Digital Commerce also discusses prospects for a U.S. digital dollar, and more.

Money is part of a nation’s financial infrastructure, and the dollar needs a digital upgrade for this changing world, says Giancarlo, former CFTC chair who now heads the Digital Dollar Project, in an exclusive interview with Forkast.News.

Digital Dollar Project’s new white paper proposes a ‘third format of currency’ that would be interchangeable with paper money while preserving privacy. Is America ready for a government crypto dollar?

Adam Traidman of BRD discusses CBDCs in an age of intensifying US-China rivalries, and bitcoin halving’s surprising impact on crypto mining and profits.

More top news: China pours billions into blockchain and other infrastructure. Ant Financial’s new smart contracts. VC in Singapore and India.

Digital currencies will become increasingly common in the economy, with CBDCs as an ‘organic gateway.’ Should we worry about user privacy?

Other top news: Fintech-friendly policies for Hong Kong-Shenzhen bay area. China makes blockchain jobs more respectable. VC in Singapore and S. Korea.

Cinemas are closed, Netflix is here, but torrent providers renew their careers!

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

Other top news: TRON snags Covid aid. Free Telegram Open Network. China builds tech talent database. Bitmain’s civil war. Another win for Ripple.

In an interview with Forkast.News, the billionaire venture capitalist also discusses globalism, regulatory arbitrage, the future of healthcare and why he thinks bitcoin is king.

Blockchain education conundrum: China wants blockchain growth, but its tech labor supply “quality” falls short of high employer demands. A Forkast.News exclusive report on a new program in Chengdu and clues to what might be holding China back.

David Jevans, CEO of CipherTrace, explains FATF’s global influence and recent enforcement actions that have proven to be expensive for those caught.

AI and big data can crunch more information than ever before. Can technology crush humans in finance the way it already has in the games of chess and Go?

Companies are holding off investing in emerging technology not only because of economic turmoil, but also structural biases against meaningful change.

A co-founder of the original Earth Day urges world leaders to not be complacent about the temporary dip in emissions and lose sight of urgent climate goals.

Other top news: Bitcoin halving frenzy. New Huawei tech zone. Blockchain company busted for defective face masks. VC in Hong Kong and Canada.

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

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

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

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.

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

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?

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

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.

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.

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

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.

Asia’s blockchain and cryptocurrency projects have more vitality than other regions, says the chairman of the Cardano Foundation. But he also notes the variations within the region. How does Hong Kong differ from Vietnam and Singapore?

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?

Coronavirus fears are sending markets tumbling. Could tokenized gold, or gold-backed crypto, be the next-generation investment in times of economic trouble?

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

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

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.

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.

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?

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.

Telecom operators are using blockchain technology for digital identity management, more efficient roaming and combating fraud.

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.

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.

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.

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.

Although Switzerland’s Crypto Valley may seek to become a global blockchain hub, its government is too slow to adopt the technology even as Facebook’s Libra incorporates in the country, according to Trust Square cofounder Daniel Gasteiger.

Using blockchain and encrypted computing in smart cities can protect user privacy as China builds out a new data infrastructure, says Vincent Wang, chief innovation officer at Wanxiang Group.

China’s enormous market of 1.4 billion people means there is a large pool of human resources that can drive blockchain development and adoption, especially in the wake of endorsement from President Xi Jinping. Blockshine founder and CEO Layla Dong explains how China’s burgeoning market can boost blockchain development.

Despite prolonged social and political turmoil a slowing economy and record cash outflows, Hong Kong continues to serve as an important technology and financial hub, says Hong Kong Stock Exchange CEO Charles Li.

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.

Traders use commodity trading adviser funds to reduce risk of custody or money laundering, says Jan Brzezek, founder of Crypto Finance AG.

Using blockchain to handle patients’ data can lay the groundwork for genetic tests, telemedicine and AI.

“We want to keep at the forefront of the regulatory framework to make sure that what we’ve got is fit for purpose and works well for our stakeholders.”

Cloud-based messaging startup Symphony announced a partnership with Internet giant Tencent to integrate their services with WeChat, a massively popular messaging application in China. The California-based startup is aimed to serve professionals in the banking and investment industry, and is positioning itself to be a cheaper means of communication and information sharing than alternatives like […]

The increasing use of big data in the medical industry has left some concerned regarding their rights to privacy, though some companies are working on blockchain and cryptography applications to address the issues. California-based startup blockdoc is one such digital health and security company that is using advanced cryptography. Another is Blue Cross (Asia-Pacific) Insurance, […]

Cryptocurrencies have become a new target for investors shying away from politically volatile alternatives. As an on-going trade war between the United States and China and the U.K.’s exit from the European Union threatens the stability of conventional markets, more and more traditional investment entities have started experimenting with decentralized assets. Forkast.News’ Editor-in-Chief Angie Lau […]

Blockchain-related startups have dealt with a fair share of challenges and skepticism, especially throughout a tumultuous year where volatility in cryptocurrencies has shaken people’s confidence in the industry. However, investment in blockchain projects has seen continued growth, and incubators like LongHash have sought to harness that potential. Forkast.News Editor-in-Chief Angie Lau sits down with Emma […]

Startups are aiming to apply blockchain technology to help everyday consumers track the meat they buy at supermarkets back to the source.

If I buy a token in an asset-based security token offering, will I own a piece of the property? Am I tokenizing the asset? No. Let’s take real estate as an example. Tokenising the underlying real estate would require tokenization of the Land Registry. This is not what happens. You will most likely own an […]

It may be jarring to consider, but there are currently more slaves in the world now than at any other point in history. According to figures from the United Nations’ International Labour Organization (ILO) and the Walk Free Foundation, there were about 40.3 million people who can be considered modern slaves in 2016. That means […]

An estimated 40.3 million people in the world are being forced to work against their will, trapped in modern slavery. But instead of locks and chains holding these people captive, today they are being held by debts that are impossible to pay off, threats of violence and withholding of documents such as passports, visas and […]

What is the next big thing? As far as Joseph Lubin, Founder of Consensys, is concerned, we are already experiencing it as you read this. Lubin shares how blockchain is already a killer app, being used globally as a new database technology. He notes cryptocurrency is already enabling cross-border transactions that help facilitate trade and […]

In anticipation of China Telecom’s new blockchain SIM card project, Director of its Blockchain Research and Development Departments, David Wei Liang, peaks to Angie Lau, Editor-in-Chief of Forkast.News, about the reasoning behind embarking on the project, the product’s uses and implications, and the timeline of its adoption. The time is ripe for telecom companies to […]

To celebrate the end of 2020, here is a Forkast.News editor favorite from our archives — a story that still rings fresh, true and — in a world now measured in nanoseconds — timeless. What is holding back mainstream adoption? What role do governments need or want to play? The Next Big Thing plenary panel […]

Distributed, Decentralized, Disintermediating While still in its infancy with regards to proven capabilities and real-life adoption, blockchain technology remains one of the looming threats for a lot of traditional business models. Its ability to directly connect third parties which can engage in exchanges of assets, data or sharing of resources, blockchain is seen as a […]

French Finance Minister Bruno Le Maire spoke at the Organization for Economic Co-operation and Development (OECD) Blockchain Policy Forum on September 12, 2019. He offered a spirited defense of French and European technology policies and spoke frankly about the deep difference in values over the regulation challenging French relations with the U.S. and China. In his […]

The world of insider trading as relates to cryptocurrency — what are the rules that govern trading crypto, in the eyes of the SEC, CFTC, and the like? Forkast.News Editor-in-Chief, Angie Lau sits down with attorney and partner, Jason Gottlieb, at NY-based Morrison Cohen law firm to discover the in’s and out’s of trading. Listen […]

Blockchain applications have been a highly debatable topic since the rise of Bitcoin and later Ethereum. Opinions vary from “blockchain will solve most of humanity’s problems” to “this technology works only for money” and even “it is useless”. I’ve been working in the industry since 2017 and have seen and analyzed many blockchain use cases. […]

NEO is a cross-platform, code-agnostic blockchain revolutionizing the sector starting with distributed storage. We sit down with Hongfei Da to chat about the technology and where it’s going.  In any sort enterprise deployment, or even in a software stack, different protocols and standards need to co-exist. One way to ensure this cross-compatibility is through APIs […]

In this last week, Bank of England Governor Mark Carney made waves in the crypto industry by espousing, as a pillar of traditional banking, an alternative to the very system he heads. At a speech in the U.S., Carney put forward the idea of a “synthetic hegemony currency” – in other words, a central bank-banked […]