Greenwood Village, Colorado — Many of the world’s largest telecoms will team-up to launch a blockchain-based platform to make contracting and payments between themselves faster and cheaper. Known as the Communications Blockchain Network (CBN), it will go live in the coming months. Currently, 11 carriers have agreed to join: A1 Telekom Austria, China Telecom Global,…
Key Highlights Osaka may be the “Crypto Bretton Woods” in terms of significance to the global economy Unlike the current economic system, crypto is “rising from the ground up” and is being forced on the global elites “Science-fiction is becoming fact and happening in a way they [governments] can’t ignore.” In the latest episode of…
The recent move by the U.S. government to blacklist Huawei has been causing a lot of commotion. The decision by the U.S. to ban Huawei has invited speculation as to the reasoning, although the main point cited by the Trump administration is the issue of national security. While the whole situation is multi-faceted, the trepidation…
Hong Kong – The fallout from a controversial extradition bill proposed by Hong Kong’s pro-China Chief Executive Carrie Lam has reportedly triggered capital flight and Bitcoin trading at a premium in the city. Massive demonstrations against the bill, including one that saw an estimated 2 million of Hong Kong’s 7.5 million people march on Sunday,…
Minneapolis, MN – The world’s biggest brewer is increasing its stake in a blockchain trailblazer helping some of the world’s smallest businesses. Anheuser-Busch InBev announced today it boosted its Series A investment in Minnesota-based BanQu (pronounced Bank-You), a blockchain startup working to help entrepreneurs and small-business owners, most in the Third World. Exact terms of…
Cash is not only not a king, but there is increasing realization among cities and states, that the cost of cash is not worth it. From reducing costs of producing physical money, increasing administrative efficiencies, to even reducing cash-related violent crimes — going cashless is where many are going, including Singapore. I stumbled across a…
How the race to get billions of users onto blockchain has this mathematician thinking about the future of work. Could decentralization be the one thing that actually binds us together. Charles Hoskinson sits down with Angie Lau, in Hong Kong a week after Hong Kong Blockchain Week and shares his vision of how 2019 will…
Introduction The blockchain revolution is happening so fast, that it too is being revolutionized. Until now, the de facto mechanism to reach consensus on distributed ledgers has been Proof of Work (PoW), in which computers compete to solve fictitious mathematical problems. However, this system wastes a lot of energy and computer power. But now a…
Key Highlights As of December 2018, UNICEF has invested into six blockchain companies in five countries UNICEF now accepts cryptocurrency donations and allows donors to easily mine cryptocurrency just by visiting their donation site Across UNICEF’s projects, blockchain technology is being used to improve traceability of donations and to better track outcomes of donated funds…
Risk-averse, regulation-crazy, deflationary Japan was never an obvious epicenter for Bitcoin trading. And yet the government has openly welcomed the crypto industry, betting that blockchain innovation would catalyze a startup boom and create new wealth and jobs. So should the Bank of Japan (BOJ) go one step further and issue its own cryptocurrency? “This will…