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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.

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities
digital identity

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities

There are so many problems in the world. I’m sure you can name them. But here is another one: online identity fraud, which is rampant these days. It’s common, threatening everyone doing business online, especially businesses involving their activities in banking/financial services, online payment services, real estate, insurance, travel, and online market industries. Now, let's take a look at how this Estonian startup utilizes blockchain technology to help protect businesses and their clients from online identity fraud.

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively
digital identity

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

Xi Jinping will publish an article entitled "Several Major Issues in the National Medium and Long-term Economic and Social Development Strategy“ on November 1 on Qiushi Journal. In the article, he mentions the digital economy and digital currency

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet
digital identity

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s major state-run banks are testing out its central bank digital currency (CBDC) digital wallet application. The Chinese central bank, having said that its CBDC, also known as digital currency electronic payment (DCEP), is “almost ready,” is finally moving a step closer to its official launch nationwide.

Switzerland Parliament Blockchain Act Reform Validates Crypto and Digital Assets
digital identity

Switzerland Parliament Blockchain Act Reform Validates Crypto and Digital Assets

The Swiss parliament has revamped and clarified legislation on blockchain technology and digital currencies activity in the country

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