Lagarde said that safe and secure systems powering digital cash can help foster the digitization in the financial space.
Major cryptocurrencies across the index fell by 10% with the crypto markets making a new 2018 low.
Blockchain technology could soon take over Thailand’s election process. The country’s Democratic Party became the first political party to use the blockchain system in electing new party leaders.
The new DLT-based system will provide better transparency and traceability into a suite of software licenses by Accenture.
Australia’s Commonwealth Scientific and Industrial Research Organization and Common Wealth Bank of Australia have unveiled a new blockchain solution. The proposed blockchain solution seeks to make money ‘smart’ as a way of enhancing insurance payouts and budgeting.
Schmidt said that the Ethereum blockchain network has the potential to revolutionize the society and business.
Distributed Ledger technology along with machine learning systems can help CFTC to optimize the regulatory processes.
Here’s a look into how the BCH is gearing for the upcoming Bitcoin Cash hard fork.
Singapore has moved a step closer to using blockchain technology in the financial markets. The country’s de-facto central bank and the Singapore Exchange Limited have completed trials on a blockchain solution for tokenized assets settlement.
The bank found several technological difficulties and risks of issuing CBDCs which can have a detrimental impact on the country’s financial system.