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World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread
With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.
World Economic Forum Views Blockchain as the Vaccine for Future Interferences in the Seafood Sector
The World Economic Forum (WEF) touts blockchain technology as the vaccine and game-changer needed to ensure things run smoothly in the global seafood supply chain irrespective of future disruptions. This is based on the fact that the coronavirus (COVID-19) pandemic has laid the bare knuckles of the inefficiencies and challenges faced by the seafood industry.
Why Stablecoins are Securing the Future of Crypto World
While the value of most cryptos has tremendously declined due to coronavirus outbreak, the demand for stablecoins seems to be on the rise.
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.
May 25: Negative Rates Eating the World (but not Crypto)
Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.
Bloomberg Strategist: Bitcoin May Surpass Gold in Today's Digital World
The advancement in the digital ecosystem as we have it today may give Bitcoin (BTC) an advantage for it to surpass Gold in the coming years- Bloomberg's Mike McGlone