Latest News on Technology

Regulation

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.

Drishti Bhagat

Dec 12, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #PRUDENTIAL #BASEL #EU #REGULATION #FINTECH #FINANCE #TECHNOLOGY #CRYPTOCURRENCY

Industry

Alternatives of USDT Gained Wider Merchant Access including Microsoft

Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.

Drishti Bhagat

Dec 11, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #BLOCKCHAIN #CRYPTO #XRP #BTC #GUSD #PAXOS #TECHNOLOGY

Industry

Will Blockchain Make Shipping more Efficient in the Future?

Shipping in some cases is not restricted to the transportation of cargo by ships, but it refers to the transportation of items by mail of any means, the form of transportation could be air, road or train, but the most used form is transportation by sea.

Alo Kingsley

Dec 07, 2019

| 3 Min Read

#SHIPPING #BLOCKCHAIN #TECHNOLOGY #LOGISTICS

Technology

World Wide Fund for Nature in the Philippines to Create Blockchain-Powered Fish Traceability App

The World Wide Fund for Nature (WWF) Philippines has teamed up with UnionBank, a digital wallet, to create a blockchain-powered app dubbed Tracey to offer financial support to local fishers, as well as propel traceability and transparency in the fish supply chain.

Brian Njuguna

Dec 04, 2019

| 1 Min Read

#PHILLIPINES #APP #BLOCKCHAIN #TECHNOLOGY

Industry

Government of India to Deploy Blockchain Technology at a National Level

The Indian government is eyeing the blockchain technology since it has a huge potential of being applied in various sectors such as banking, cybersecurity, education, and governance: securing the future of their economic development and growth. This strategic plan was made known in response to a question in the Lok Sabha as reported by the Indian Times on Nov. 27.

Alo Kingsley

Nov 28, 2019

| 1 Min Read

#INDIA #GOVERNMENT #BLOCKCHAIN #TECHNOLOGY

Technology

How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?

Blockchain, along with the internet of things (IoT) trackers and sensors, could reduce costs for retailers. New data from Juniper research showed that blockchain will be essential to $31 billion in “food fraud savings” by 2024 by tracking food across the supply chain.

Sarah Tran

Nov 28, 2019

| 1 Min Read

#FOOD #SUPPLY CHAIN #BLOCKCHAIN #IOT #TECHNOLOGY

Industry

The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations

The Federal Council of Switzerland has opted for better and fair regulations for blockchain and distributed ledger technology (DLT) in the country, which is believed will minimize risk, increase legal certainty and abort blockages, which will prevent the possible applications of blockchain/distributed ledger technology.

Alo Kingsley

Nov 28, 2019

| 1 Min Read

#SWITZERLAND #DLT #TECHNOLOGY #BLOCKCHAIN

Technology

Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain

Thailand’s Trade Policy and Strategy Office (TPSO) has revealed its intentions of using blockchain technology to trace agricultural products from farms to export as this will optimize buyers’ confidence.

Brian Njuguna

Nov 25, 2019

| 1 Min Read

#THAILAND #AGRICULTURE #BLOCKCHAIN #TECHNOLOGY

Technology

Why is Blockchain Technology Revolutionizing the Banking and Finance Market?

As technology continues to evolve year after year, it becomes glaring that it is gradually sweeping every productive sector in the world, more importantly, finance and banking. This is so because the sector is about the most sensitive in every economy. It’s got to be, right? Money is important and needed by everyone – one way or another.

David Smith

Nov 24, 2019

| 5 Min Read

#BLOCKCHAIN #TECHNOLOGY #FINANCE #BANKING

Technology

The French Army Validates its Judicial Expenses via Tezos Blockchain

The French Army has revealed that it has been using the Tezos Blockchain to authenticate its judicial expenses through a smart contract. This development makes Tezos the first blockchain to be used for operative intentions by a public entity.

Brian Njuguna

Nov 22, 2019

| 1 Min Read

#ARMY #FRANCE #BLOCKCHAIN #TECHNOLOGY #TEZOS