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?
Coronavirus fears are sending markets tumbling. Could tokenized gold, or gold-backed crypto, be the next-generation investment in times of economic trouble?
Specific identification, hard forks and mainstream use: U.S. crypto investors are scrambling to figure out how new guidelines will affect their tax returns.
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…
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.
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…
IowaReporterApp developed by Shadow Inc. failed to deliver timely results of the Iowa Democratic caucus. Blockchain-enabled voting systems could mitigate similar mistakes.
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…
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.
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.