Search Results for "fast finality"
Blockchain-Based Invoices Reached $1 Billion USD in China with 10 Million Invoices
Shenzhen’s pilot blockchain technology invoice system has reached a new milestone. The program known as ‘fapiao’ which allows the Chinese government to track purchases and prevent tax evasion, has just issued its 10 millionth invoice.
Avo Receives First Virtual General Insurer License in Hong Kong
Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.
The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President
As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support consumers as they increasingly self-isolate themselves or have to work remotely for an extended timeframe. The fintech leader projected the end of cash as the coronavirus crisis provokes banks to fast track the shift towards digital. But will the end of physical cash become a reality? The trend towards cashless remains inevitable as the current events seem to accelerate this process.
CNBC’s Brian Kelly Warns of a Bitcoin Short-Term Correction to $12,000
Brian Kelly, CNBC Fast Money trader, continues to be bullish for Bitcoin but warns of a short-term correction to $12,000.
Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer
Fortune Business Insights reports that the cryptocurrency market will hit $1.758 billion by 2027 from $754 million recorded in 2019, representing a compound annual growth rate (CAGR) of 11.2%. This growth will be spurred by blockchain technology as it makes cryptocurrency transactions effective, secure, and fast.
Europechain Education Program delivers EOSIO with the University of Geneva
Europechain is amongst the world’s first to teach blockchain technology at a global university. Europechain has delivered an advanced EOSIO course at the University of Geneva as part of its official Certificate of Advanced Studies (CAS) on blockchain and Distributed Ledger Technology (DLT). The EOSIS Blockchain is considered Blockchain 3.0 because of its zero transaction fees, TPS rates of 10,000 per second and fast scaling ability. The teaching of EOSIO at Geneva marks a further step in the adoption of blockchain as a new and vibrant digital technology.
KFC Opts for Blockchain-Based Media Buying and Digital Advertisements for its Middle East Customers
KFC, a leading American fast food chain, seeks to change the face of the quick-service restaurant (QSR) sector by establishing a blockchain platform in the Middle East for more transparent and efficient media buying and digital advertisements.
Finality: A Necessary Condition for Blockchain Applications in Finance
Settlement finality is critical in the world of traditional finance. The same applies to decentralized finance built on distributed ledger technologies (DLT).
DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack
Yearn.Finance decentralized finance protocol suffered a $2.8 million loss after a flash loan attack, a scheme frequently seen in the fast-rising DeFi sector.
From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry
The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.
Top 4 Platforms to Purchase Christmas Gifts With Bitcoin
As the yuletide season is fast approaching, one of the most predominant thoughts on the minds of many people is the kind of gift to get for loved ones. Being a season of giving, there is no surprise that given that the usability of cryptocurrencies keeps increasing over the years, websites accepting cryptocurrencies have been on the rise as well.
Exclusive: Is the Hedera Hashgraph Powered Data Visualization Tool the Antidote to Censored Coronavirus Reporting?
Is the Hedera Hashgraph powered data visualization tool the antidote to censored coronavirus reporting? Mance Harmon, CEO, Hedera HashGraph tells Blockchain.News how the HashLog leveraging their decentralized tracker was able to be deployed so quickly to combat the overwhelming volume of misinformation surrounding the outbreak.