Financial system

Digital Currencies Threaten USD Dominance of Global Financial System
May 25, 2020 at 09:55
News
Digital Currencies Threaten USD Dominance of Global Financial System
It is indisputable, the dollar is considered the “global currency” due to its wide usage in global savings, trading key commodities such as oil and issuance and settlement of debts. This might not be the case anymore with the massive disruptions brought about by digital currencies.
Young Africans Are Driving Cryptocurrency Development on the Continent
May 01, 2020 at 14:37
News
Young Africans Are Driving Cryptocurrency Development on the Continent
Cryptocurrency and blockchain technology is taking root in Africa’s financial realm. The continent’s youth remains the frontrunners of development.
The Number of Bitcoin ATMs Approaches 8,000 Amidst COVID-19
Apr 23, 2020 at 13:13
News
The Number of Bitcoin ATMs Approaches 8,000 Amidst COVID-19
The operation of Bitcoin ATMs seems unaffected by the COVID-19 pandemic, with their number approaching 8,000 machines worldwide in April 2020.
Global Financial System of the Future Needs State-Backed Cryptocurrencies
Dec 13, 2019 at 10:39
News
Global Financial System of the Future Needs State-Backed Cryptocurrencies
In recent months, the race for the development of a central bank digital currency (CBDC) has been accelerating. The latest warning shot was launched by Chinese President Xi Jinping, who publicly stated the need to invest in a core technology like the blockchain.
IMF Fears Digital Currency Assets, Claiming Vulnerabilities Could be Created in IFS
Oct 13, 2018 at 10:56
News
IMF Fears Digital Currency Assets, Claiming Vulnerabilities Could be Created in IFS
The International Monetary Fund (IMF) refers to digital currency just once in its 215-page World Economic Outlook for October 2018, but that reference is: "Continued vigorous growth of digital currency assets could form new vulnerabilities in the international financial system (IFS)."
It's Not Yet Over by Facebook, Google Displays Coinbase Advertisement Once Again
Jul 24, 2018 at 12:14
News
It's Not Yet Over by Facebook, Google Displays Coinbase Advertisement Once Again
Google is now accepting crypto advertising once more. Or anyway, it's showing the adverts of giant Coinbase. This action immediately comes two days after Coinbase's adverts resurfaced on Facebook.
Skycoin Aims To Fix Fatal Flaws Of Bitcoin and Ethereum
Apr 26, 2018 at 10:43
News
Skycoin Aims To Fix Fatal Flaws Of Bitcoin and Ethereum
On the surface, Bitcoin appears full of promise. It first presented the opportunity to bring financial freedom to those who no longer deal with traditional finance, or indeed those who could not access the financial system.
Free Wi-Fi Around the Globe - Fantasy or Reality?
Apr 17, 2018 at 13:31
News
Free Wi-Fi Around the Globe - Fantasy or Reality?
Imagine, if you will, a world where free wifi was accessible the world over. From every major city to every far-flung town and lost village, wherever one might go he’d be sure to find the reassuring hum and blink of an active router.
Innovative Cellblocks Cryptocurrency Poised to Transform Prison Economy
Mar 13, 2018 at 16:31
News
Innovative Cellblocks Cryptocurrency Poised to Transform Prison Economy
Cryptocurrency is revolutionizing the global economy. Nowhere is this more apparent -- and necessary -- than within the prison financial system. Because it has long been rec-ognized as an inefficient and ineffective method of funding inmates' needs, CellBlocks is undertaking the challenge and transforming the industry.
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