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Nobel Laureate Prof Banerjee - Applying RCT to Financial Inclusion

Nobel Laureate Prof Banerjee - Applying RCT to Financial Inclusion

Economists have long theorized on and sought to implement initiatives to increase financial inclusion. What are some of the policy initiatives developing countries should adopt to drive financial reform? What effect have initiatives had thus far in facilitating this financial transformation? Prof Banerjee will speak at the Asian Financial Forum on January 14th and explain his team's groundbreaking application of randomized control testing to inclusive finance.

Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations

Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations

A complaint that alleges that Apple’s Identifier for Advertisers code (IDFA) is a privacy breach going against European laws has been filed.

China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US

China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US

China’s central bank has taken another major step forward toward the digital yuan’s mass adoption with its testing on food delivery giant Meituan Dianping. Backed by Tencent, Meituan has been having discussions with the People’s Bank of China’s central bank digital currency (CBDC), also known as digital currency electronic payment (DCEP) research wing.

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Sberbank, Russia’s largest bank, is purchasing more contactless ATMs that are powered by blockchain. The banking giant is making such a move despite an upcoming bill that aims to penalize individuals and firms that use and trade cryptocurrencies in financial transactions. Sberbank’s ATMs have nothing to do with cryptocurrencies as they do not act as BTMs (Bitcoin ATMs). The banking institution just intends to cut the need for physical contact associated with the use of bank debit/credit cards amid the coronavirus pandemic. Throughout the COVID-19 epidemic, Sberbank has been preferring to cut down the use of plastic cards because of health concerns.

Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy

Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy

An Australian-based blockchain energy firm has bought a 250kW photovoltaic system, which will use the firm’s new energy data management and settlement system to offer greater transparency on renewable energy sold to consumers.

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China is planning a more extensive expansion of the testing of its central bank digital currency (CBDC) after reportedly starting its first tests in the Greater Bay Area.

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.

Bluzelle Launch Looms as Decentralized Storage Goes Mainstream

Bluzelle Launch Looms as Decentralized Storage Goes Mainstream

Bluzelle, the decentralized data storage platform, is preparing for the launch of its mainnet on February 3, ushering in a new era for censorship-resistant data storage.

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.

How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response

How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response

The Covid-19 pandemic has taken its toll on the world, causing almost half-a-million deaths, illnesses, and economic downturns. The World Bank argues that the deadly virus could push up to 60 million people into extreme poverty, wiping out the progress made in this area in the past three years.

Blockchain as a Solution for Data Management in Clinical Trials

Blockchain as a Solution for Data Management in Clinical Trials

Applying blockchain technology to clinical trials can help resolve one of the industry's biggest weaknesses: Poor data management. Learn how blockchain's immutability trait can become a trial investigator's best asset.

IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot

IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot

IBM, KPMG, Walmart, and Merck’s blockchain pilot in drug-tracing has successfully exceeded the US Food and Drug Administration’s (FDA) benchmarks. The pilot program aimed to encourage new technologies to be used in the pharmaceutical supply chain. Blockchain was used as a shared record movement of pharmaceutical drugs through the supply chain, which resulted in improved efficiency. Recalls were proven to be done in just seconds, rather than in days, as blockchain offers traceability.

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