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Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19
digital identity

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.

China to Launch Its Own Digital Currency Later This Year
digital identity

China to Launch Its Own Digital Currency Later This Year

In order to remain ahead in the global competition, China plans to launch its own digital currency known as Digital Currency Electronic Payment (DCEP). The digital currency will stimulate daily banking activities like deposits, payments, and withdrawals from the digital wallet. Crypto news website Coin Journal shows that the People’s Bank of China, China’s central bank has initiated the efforts to roll out its very own digital currency. It is an effort aimed at staying ahead among all the central banks worldwide as well as preserving financial sovereignty.

European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package
digital identity

European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package

The European Commission (EC) has unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience.

Japanese Lawmaker Urges Digital Yen Development to Curb China Dominance
digital identity

Japanese Lawmaker Urges Digital Yen Development to Curb China Dominance

Japanese Lawmaker, Kozo Yamamoto has called for the expedited development of Japan’s digital yen as the race to be the first nation with an operating central bank digital currency (CBDC) heats up.

How Blockchain Technology is Shaping Digital Advertisements
digital identity

How Blockchain Technology is Shaping Digital Advertisements

There are thousands of ads everywhere, in our phones, applications, websites, there is hardly anywhere you would turn to (digitally) today without bumping into an ad, even when using ad blockers. According to Forbes, an average person is exposed to about 4,000 to 10,000 digital ads every day. They aren’t cheap; the standard ads we see every day on our phones cost billions.

Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity
digital identity

Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity

A global UAE bank is creating a federated and sovereign blockchain architecture for digital identity via HashCash Consultants, to propel its financial and banking operations and prepare for the future of finance.

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing
digital identity

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.

China's Central Bank Says Digital Yuan Will Not Raise Inflation
digital identity

China's Central Bank Says Digital Yuan Will Not Raise Inflation

Bank of China claims that the introduction of digital yuan will not cause the occurrence of inflation.

Voyager Digital announces the listing of Elrond Gold token
digital identity

Voyager Digital announces the listing of Elrond Gold token

Voyager digital has just listed the Elrond gold token on it’s exchange

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project
digital identity

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

The Italian Banking Association, Associazione Bancaria Italiana (ABI) has decided to participate in projects and experimentations of a European central bank digital currency, recently known as the digital euro.

Amazon Aims to Advance Its Digital Currency Project in Mexico
digital identity

Amazon Aims to Advance Its Digital Currency Project in Mexico

Amazon has been planning on launching a digital currency project in Mexico, and a job posting revealed that it was looking for engineers and developers for the part.

Blockchain: Emergence of a New Breed of Tax Professionals in the Digital VAT World
digital identity

Blockchain: Emergence of a New Breed of Tax Professionals in the Digital VAT World

Governments around the world are seeking new sources of revenue, and value-added tax (VAT) is the key revenue driver and the largest contribution to governmental budgets. Each year billions of dollars are lost in tax revenue due to non-compliance, evasion, fraud, and non-collection.

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