Digital Currency

Ant Financial backs Pakistani payment tool

(Source: China Daily) Ant Financial Services Group, which operates mobile payment tool Alipay, is powering Pakistan's first cross-border remittance service using blockchain technologies, marking a major milestone in the country's journey to promote financial inclusion. Pakistan's Telenor Microfinance Bank announced on Tuesday the introduction of the service through its Easypaisa mobile wallet. The virtual wallet… Continue reading Ant Financial backs Pakistani payment tool

Big data, Blockchain, Regulations

China enforces censorship regulations for blockchain projects

China has announced new regulation aimed at censoring blockchain related projects. The new regulation will help the Chinese Government to have better control of any blockchain project, website or app and have the laws needed to request information whenever they desire. This new increased censorship is trying to gain control of a decentralized technology, yet… Continue reading China enforces censorship regulations for blockchain projects

Cryptocurrency, Digital Currency, Regulations

Tighter monetary regulation targets risks from crypto-assets

(Source: China Daily) When a geek's game turns into an investment tool for the public, it is time for the regulators to walk in. Financial regulators across the world are watching with bated breath every time investors in crypto-assets incur sharp losses or post unreal profits. The year 2017 saw more than $4 billion being… Continue reading Tighter monetary regulation targets risks from crypto-assets

Cryptocurrency

New interbank platform shows Asia’s blockchain growth

(Asia Times) It became increasingly evident during 2018 that Beijing wants its people to have absolutely nothing to do with digital currencies. However, that does not mean the People’s Republic has shunned the underlying blockchain technology. In fact, quite the opposite is happening in China. As reported in Asia Times on Friday, the China Banking Association (CBA) has… Continue reading New interbank platform shows Asia’s blockchain growth

Blockchain

Taiwan introduces plan for blockchain-based digital IDs by 2020

Taiwan announced big news about the launch of a blockchain powered Digital Identification System  in 2020. This new smart government initiative will help transform the government and help bring their economy into the future. Government is one of the most popular industries to be disrupted by blockchain technology and projects aimed at transforming governments have… Continue reading Taiwan introduces plan for blockchain-based digital IDs by 2020