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Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).
Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven
Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown.
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.
Could IBM’s Blockchain Platform be the Solution to Disrupted Healthcare Supply Chains Caused by the Coronavirus Pandemic?
IBM’s Rapid Supplier Connect leverages the existing IBM’s blockchain platform, Trust Your Supplier, which is a blockchain-based trusted digital identity and supplier information that simplifies the supplier onboarding and supplier management processes while reducing risks. IBM is allowing qualifying suppliers to use Rapid Supplier Connect free of charge until August 31. New York’s largest nonprofit healthcare group, Northwell Health recently joined IBM’s Rapid Supplier Connect Network, a blockchain project that aims to tackle the disrupted healthcare supply chains caused by the coronavirus pandemic.
India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?
India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.
IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder
IBM has announced a new collaboration with blockchain-based trade finance platform, we.trade to enhance network capabilities and accelerate the global growth of the platform. We.trade was designed to connect buyers, sellers, banks, insurers, and other organizations in a network, simplifying cross-border trading. Built on the latest version of the IBM Blockchain Platform, IBM has been the platform’s technology partner since the beginning. We.trade was also the first enterprise blockchain consortium to go live, back in early 2018.
Ripple CEO Brad Garlinghouse Criticizes India’s New Bill Seeking to Ban Crypto Trading
Ripple CEO has responded to reports that India intends to introduce a ban on crypto trading.
India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court
The Indian government is planning to bring in a new law to ban cryptocurrency trading, following the prohibition of banks and financial services to provide services related to crypto.
Brazil Records the First Blockchain-Based Birth Certificate
The first birth certificates recorded on the blockchain was issued in Brazil to Álvaro de Medeiros Mendonça.
India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency
India plans introducing a new bill to ban private cryptocurrencies as well as introduce a national digital currency.
India’s Central Bank Aims to Undo the Supreme Court Ruling on Lifting the Crypto Ban
India’s central bank, the Reserve Bank of India (RBI) has planned to report a review petition on the recent Supreme Court’s cryptocurrency ruling, according to the Economic Times.
World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge
The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.
