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Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer

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.

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is a “collective claims-sharing mechanism built on blockchain that offers basic health plans to its 104 million participants.” Most of its users are Chinese citizens from lower-tier cities, and in rural areas. By utilizing blockchain technology, settlements have been made more efficient, and fraudulent claims have been reduced.

Bitcoin Price at $30,000 Could Mean BTC is Rising too Far too Fast, says Tone Vays

Bitcoin Price at $30,000 Could Mean BTC is Rising too Far too Fast, says Tone Vays

Bitcoin trader Tone Vays has warned that should Bitcoin price hit $30,000 this week, BTC will be “Rising too far too fast Zone” which typically leads to price plunges.

Integration of Credit Card with Digital Currencies,  Bringing Crypto from Hype to Mainstream

Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream

Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

According to the report, this partnership is meant to ensure that Nigeria's crypto-enthusiasts enjoy remittances at a very affordable rate. While Dash is deemed as a leading digital asset for remittances and international payments with secure, fast and affordable transactions, BITFXT a Nigerian exchange with the goal of bringing more liquidity to the Nigerian crypto market. The recent development indicates that the team has decided to bridge the gap in remittances for Nigerians through the use of Dash at a 1% cost.

Visa's New Debit Card Rumored to Use XRP for Payments

Visa's New Debit Card Rumored to Use XRP for Payments

In an announcement made yesterday, Moneygram has partnered with Visa to launch a peer-to-peer debit card service.

Why Switzerland is Fast Becoming a Global Hub for Blockchain Industry

Why Switzerland is Fast Becoming a Global Hub for Blockchain Industry

Switzerland is fast adopting innovation and blockchain and is positioned to create a huge impact on other economies.

Sharding, pBFT and Linear Scalability - An Interview with Saiba Kataruka at Zilliqa

Sharding, pBFT and Linear Scalability - An Interview with Saiba Kataruka at Zilliqa

Saiba Kataruka is the Developer Market Lead at Zilliqa. He began his career as a consultant with IBM in the payment technology field for Asia and Europe. He joined Zilliqa based on his belief that blockchain and decentralization can improve the current social and financial structure.

The Fate of Cryptocurrencies in a Fast-Changing Financial Ecosystem

The Fate of Cryptocurrencies in a Fast-Changing Financial Ecosystem

Cryptocurrency being a digital currency, created and managed through the use of advanced encryption techniques known as cryptography has been gradually modifying the world of finance as well as other sectors such as e-commerce and since its creation in 2009.

Permissionless Blockchains fit the Business World's Needs

Permissionless Blockchains fit the Business World's Needs

R3 CTO Richard Brown recently published an interesting article. Among other issues, the story states explicitly permissionless blockchains have probabilistic confirmation of transactions. We want to clarify several parts of this problematic statement by describing how Concordium solves some of the challenges for Permissionless Blockchains.

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).

Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality

Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality

Ethereum developers announced that they will be launching another testnet next week, dubbed Zinken, following the low participation rate on Spadina.

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