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R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth

R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth

The Marco Polo Network announced on Thursday that India’s leading provider of digital transformation, Tech Mahindra became the first corporate in India to join the R3’s open-source blockchain-based Marco Polo Network for facilitating cross-border transactions.

Ghana Confirms Its Interest in Piloting Central Bank Digital Currency

Ghana Confirms Its Interest in Piloting Central Bank Digital Currency

Ghana has confirmed that it is on the hunt for a Central Bank Digital Currency (CBDC). The Bank of Ghana’s deputy governor, Dr. Maxwell Opoku-Afari, recently revealed that the country’s central bank remains committed to piloting a national digital currency. He made such remarks during a virtual stakeholder workshop on payment systems and services as reported by GhanaWeb local news outlet.

COINNEWSEXTRA AND  GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA

COINNEWSEXTRA AND GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA

One of the best gift possessed by humans is the ability to adapt to change. Little did we know that the global COVID-19 pandemic was going to deprive us of our regular mode of living, here we are today with several months of stay at home with many organisations and people pivoting into the digital economy. The immense impact of the COVID-19 pandemic has severely affected the whole world with developments changing frequently. However, digital innovations and technology solutions have been deployed to respond urgently to these changes, This has led to a notable increase in demand for online transactions, resulting in a significant shift from cash to digital payment methods.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Advancing CBDC: Bank of Canada In Search of Digital Currency Economist

Advancing CBDC: Bank of Canada In Search of Digital Currency Economist

The Bank of Canada is in search of an economist with expertise in digital currencies and financial technologies to help advance its CBDC drive.

New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets

New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets

The new regulation by the CFTC is designed to benefit digital currencies in the era of the growing involvement of cryptocurrencies in the derivative market

SAP and Infosys Join Forces to Accelerate Enterprise Digital Transformation Projects

SAP and Infosys Join Forces to Accelerate Enterprise Digital Transformation Projects

Infosys and SAP are in talks to create a joint go-to-market engagement model between project Embrace from SAP and Infosys' Innov8 program. The joint engagement model is intended to help companies accelerate their digital transformation based on SAP S/4HANA® to build intelligent enterprises.

Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold

Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold

A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot

The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.

Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'

Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'

Following on from its initial 2017 Global Blockchain Benchmarking Study, the new study underlines the significant changes in the industry landscape since the initial version. According to the findings, the new report states, “Two years ago, the industry landscape was mostly dominated by half-hearted experiments and short-lived proofs-of-concept – often announced with great fanfare and publicity – the hype has gradually given way to genuine development of sustainable blockchain networks that are increasingly being deployed in production environments.”

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