Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.A Thursday announcement by Yolande Piazza, Google Cloud's VP Financial Services, said the firm has established a Google Cloud digital assets team that will assist clients in creating, … [Read more...] about Google Cloud ramps up blockchain efforts by launching digital assets team
efforts
Chinese food delivery giant joins CBDC efforts
China’s food delivery giant Meituan has become the latest tech firm to integrate central bank digital currency (CBDC) payments for its services.Meituan users can link the digital yuan wallet to their service app and use it for a range of daily services such as booking hotels, cabs and paying at restaurants. The food delivery and daily services app recorded 660 million … [Read more...] about Chinese food delivery giant joins CBDC efforts
The Complexities of Blockchain in Global Aid Efforts
In theory, crypto and blockchain technology present unique opportunities to improve, accelerate and strengthen global aid efforts. In practice, geopolitical challenges and complexities in distribution hinder projects before they’ve even had a chance to deploy the new technology. Source link … [Read more...] about The Complexities of Blockchain in Global Aid Efforts
Bank of Japan Forms Committee to Coordinate CBDC Efforts
While the Bank currently has no plan to issue central bank digital currency (CBDC), from the viewpoint of ensuring the stability and efficiency of the overall payment and settlement systems, the Bank will prepare thoroughly, including implementing experiments, to respond to changes in circumstances in an appropriate manner. In the course of CBDC exploration, the Bank considers … [Read more...] about Bank of Japan Forms Committee to Coordinate CBDC Efforts
US defense contractor Simba Chain raises $25 million to boost NFT efforts
The United States-based blockchain startup Simba Chain, which provides technology for several U.S. defense organizations, raised fresh funds to scale the business and tap new opportunities like nonfungible tokens (NFTs).The $25 million Series A funding round was led by Valley Capital Partners with the participation of Notre Dame Pit Road Fund, Elevate Ventures and Stanford Law … [Read more...] about US defense contractor Simba Chain raises $25 million to boost NFT efforts