A research conglomerate involving The Digital Dollar Foundation and Accenture has released a whitepaper clearly outlining how the US Government could smoothly roll out its Central Bank Digital Currency (CBDC), the digital dollar.
Surprisingly, Ripple has been stagnant, soon after the breakdown at the $0.20 resistance. For over a week, price has been fluctuating below the $0.20 resistance without any discernible direction of price movement.
Thailand has been very supportive of the development and application of blockchain technology in recent years. Its Energy Ministry is now launching fresh research to ascertain the use of blockchain technology in its palm oil sector.
In the last three days, Bitcoin has been hovering above $9,700 after several attempts to break the $10,000 overhead resistance. Many analysts believe that several retests only produce a weakening effect over the $10,000 resistance zone.
Recent research by a group of scientists has stated that blockchain technology could be used to enhance collaborative exploration and development in response to global pandemics such as COVID-19 through well-timed research collaborations, decentralization, and anonymity of essential information among governments.