China Launches Smart-Contract Functionality on Digital Yuan Through E-Commerce App Meituan
The digital yuan (eCNY), the central bank’s digital currency, has undergone updates that give it smart contract capabilities and some recently disclosed use scenarios. As per a January 17 statement by regional bitcoin media site 8btc, the Meituan app, a Chinese app that offers retail and food delivery services, has started using smart contracts. A…
Digital Currency Exchanges: How To Protect Your Digital Investment
Alongside the massive rise in popularity of cryptocurrency trading has come a meteoric rise in the platforms needed to execute the actual trades. Crypto exchanges are a vital component of trading this commodity, and before you can even begin considering buying your first crypto coin, you must open an account. However, what exactly is one,…
A pilot project to be initiated by the Bank of Jamaica in August, aims at its CBDC program
The local newspapers in Jamaica reported that the National Commercial Bank (NCB) will be launching a pilot project in order to introduce their customers to their digital currency initiative. This initiative should have commenced back in May but due to some unforeseeable circumstances, it was delayed to some extent. Richard Byles, who is the governor…
Trading Bots vs Humans: Everything about trading accuracy
Over the past decade, we’ve seen the rise of trading bots and Quantitative Funds, and we have also seen the fall of traditional asset managers and Hedge funds. Due to these uncertainties in the market of cryptocurrency trading, trading bots are gaining much popularity. Unlike humans, crypto bots never rest and hence maintain their control…
Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States
Diem Association, previously known as Facebook’s Libra initiative, announced on Wednesday that it plans to launch a US dollar stablecoin as it scales down its global goals to concentrate on the US. The group, which includes 26 financial institutions and non-profits, announced that it was relocating its core activities from Switzerland to the United States…
A Quick Guide On How To Start Crypto Trading
Are you wondering how to start crypto trading? This article enlists essential steps that will help you kick off your crypto trading learning journey. Table of Contents What is Crypto Trading? How it Differs from Forex Trading? Steps on How to Start Trading Cryptocurrencies Concluding Lines What is Crypto Trading? Interest in crypto trading has…
Dogecoin Continues To Grow In Popularity And Reach New Heights.
Dogecoin has become really popular in the last month. The price of Dogecoin has risen dramatically in recent weeks, from $0.05 to an all-time high of $0.45. However, after the all-time high rally, Dogecoin fell to $0.16 and then jumped straight up to 0.44 dollars. People are trying to benefit from investing because the return…
Role of Cryptocurrency and Blockchain in Changing Entrepreneurship
Are you a blockchain enthusiast? Want to know how technologies such as blockchain and cryptocurrencies revolutionizing entrepreneurship? You have landed on the right page. Learning Of Blog Introduction Ways Cryptocurrencies & Blockchain are improving entrepreneurship Final Words Introduction Presently, every possible domain, including healthcare, asset management, supply chain management, accounting, and…
The Reactions of 10 Governments to Facebook’s Libra
What is Libra? In May 2019, Facebook registered its Libra Networks LLC. in Geneva, Switzerland, one of the most friendly regulatory environments for cryptocurrency projects, for creating the new digital currency ‘Libra.’ It was positioned as the new cryptocurrency for the daily online consumer. Libra is a decentralized blockchain, a low volatility cryptocurrency, and a…
Banks Splash $63 Million For Blockchain-Based Transfers
Some of the biggest banks in the world are partnering with Fnality International for creating a blockchain digital currency to enable faster cross-border transfers. These banks which have joined hands with Fnality International are mainly from the United States, Europe, and Japan. They hope that issuing a Utility Settlement Coin (USC) will help cut out…
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