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Global Currency Organization Launches New USD Stablecoin USDD

Global Currency Organization Launches New USD Stablecoin USDD

The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

What Global Regulators Think of Libra: The Asia Pacific Edition

What Global Regulators Think of Libra: The Asia Pacific Edition

Libra, the new cryptocurrency by social media giant Facebook, has generated controversy with lawmakers and regulators globally since its announcement in June of this year. Concerns were mostly revolved around the stablecoin potentially disrupting the global financial system. The scrutiny towards Facebook aims at the fear that the new digital currency could possibly take power away from the governments.

How Does MakerDAO Stay Compliant on over 400 Global Partnerships?

How Does MakerDAO Stay Compliant on over 400 Global Partnerships?

MakerDao has over 400 global partnerships active throughout the world. So how does Maker manage to remain compliant with users in over 120 separate and specifically financially regulated jurisdictions?

Bitcoin Price and the Global Financial Crisis: Everybody's Looking at the Wrong Markets

Bitcoin Price and the Global Financial Crisis: Everybody's Looking at the Wrong Markets

While everybody obsesses over stock markets, bailouts, and inflation, the biggest global financial risks come from the collapse of debt markets. What does this mean for bitcoin?

Can MakerDAO Survive the Coronavirus Pandemic?

Can MakerDAO Survive the Coronavirus Pandemic?

The coronavirus pandemic and growing macroeconomic uncertainties have seriously dampened the cryptocurrency market, which Bitcoin once dipped below USD 4000. The “Red Sea” has expanded across the market of decentralized finance (DeFi), where the total value locked (USD) for DeFi market dropped from USD 649m to USD 246m.

IAMAI to Host World’s Largest Virtual Global Fintech Fest

IAMAI to Host World’s Largest Virtual Global Fintech Fest

New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.

Blockshow 2019: Todalarity Decentralizing the Global AI Synergy

Blockshow 2019: Todalarity Decentralizing the Global AI Synergy

At the Blockshow 2019, Dr Ben Goertzel and Toufi Saliba discuss the union of SingularityNET and the Toda.Network—Todalarity—which will be at the core of the emerging global brain. Todalarity is essentially a product accelerator that aims to help new AI startups to integrate their products into the TODA and SingularityNET blockchain ecosystems.

Will Blockchain Make Shipping more Efficient in the Future?

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.

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030

Findings from PwC indicate that by 2030, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion.

World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge

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.

IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline

IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline

The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the currency that dominates the global trade and finance.

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