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Africa and its Antiquated Banking: Cryptocurrencies The Solution?

Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning […] The post Africa and its Antiquated Banking: Cryptocurrencies The Solution? appeared first on Bitcoin News. дальше »

2018-9-5 05:55


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Africa and its Antiquated Banking: Bitcoin The Solution?

Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain and cryptocurrency? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug […] The post Africa and its Antiquated Banking: Bitcoin The Solution? appeared first on Bitcoin News. дальше »

2018-9-6 05:55


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Bitcoin vs. Fiat: The Cryptocurrency Outperformed 3 National Currencies in 2018

As many countries in South America, Africa, and Eastern Europe are in the midst of an economic crisis, depreciating national currencies don’t come as a surprise. What did come as a shock was the fact that bitcoin would be the first to challenge the stability of fiat currencies, outperforming three different national currencies in 2018, as research from Pension Partners...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »

2018-9-5 03:00


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As Zimbabweans Struggle For Cash, Even The Country’s Only Bitcoin ATM Has Run Dry

The Golix bitcoin ATM took on obvious importance when it was first introduced in the Zimbabwean capital Harare, early April. In a country without a currency of its own, where conventional automated teller machines (ATMs) have become useless due to a severe cash crisis, the bitcoin machine was seen as the new gateway to faster […] The post As Zimbabweans Struggle For Cash, Even The Country’s Only Bitcoin ATM Has Run Dry appeared first on Bitcoin News. дальше »

2018-9-2 00:52


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Venezuela Citizens See ‘No Sign’ of National Petro Cryptocurrency

Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts. дальше »

2018-8-31 22:00


Iran is Preparing National Rial-Backed Cryptocurrency to Evade US Sanctions

Rogue state Iran has reportedly announced details about its plans to launch and support its own national cryptocurrency, in an attempt to evade sanctions imposed by the Trump administration. Iran Cryptocurrency Will Be Backed By Rial The Republic of Iran is facing an economic crisis due to United States-led sanctions, and its rial fiat currency. дальше »

2018-8-30 21:00


Australians are drinking recycled sewage water and you should too

The world watched as Cape Town’s water crisis approached “Day Zero”. Questions are being asked about which other cities could be at risk and what can they do to avoid running dry. In Perth, Australia’s most water-stressed capital, it has been announced that the city is considering reusing all of its sewage as part of its future water supply. дальше »

2018-8-23 15:11


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VeChainThor Could Save Lives In China With New Vaccine Tracking System, VET Up 40%

This is news that has had a real impact on VET, the native currency to the VeChainThor project. At the time of writing, VET is valued at $0. 014, up 41. 39%. In China, there is currently a huge issue with the vaccine supply chain and as a result, many people end up with the wrong vaccinations, or no vaccinations at all, against diseases that have proven to be deadly. дальше »

2018-8-19 23:00


VeChain Announces Blockchain Vaccine Tracing Solution to Aid in Chinese Health Crisis

A recent vaccine crisis in China is leading government officials to consider turning to blockchain company VeChain for support. News first spread in July that hundreds of thousands of Chinese children had received defective vaccines manufactured by a Chinese drug company, causing citizens to cast blame on the government for not providing sufficient oversight to… The post VeChain Announces Blockchain Vaccine Tracing Solution to Aid in Chinese Health Crisis appeared first on UNHASHED. дальше »

2018-8-17 01:03


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WEF warns: AI could lead to collapse in the global financial system

There’s little doubt that artificial intelligence will reshape the world as we know it. It’ll revolutionize the way we do business, communicate, and even raise our kids. Presumably, the benefits of AI will outweigh the bad, but a new report from the World Economic Forum (WEF) shows we might just have to weather a global crisis before we ever get the chance to find out. дальше »

2018-8-16 03:55


Turkey’s Currency Instability Pushing People to Bitcoin

Remember when cryptos were deemed unusable because, unlike fiat, they were volatile? The tables are gradually turning and Turkey is the latest case. The country’s currency, the lira, has recently experienced a drastic drop in its value relative to the US dollar which has quickly drawn comparisons with Bitcoin. Faced with an economic crisis and […] дальше »

2018-8-14 18:00


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‘We Couldn’t Get Any Foreign Currency’ – Turkey’s Capital Controls Show Why Bitcoin Exists

Turkey introducing capital controls to stem the impact of its currency crisis means traders can “expect” higher Bitcoin prices on local exchanges, a well-known online commentator has suggested. ‘Expect Price Premium’ Tweeting August 13, BambouClub eyed spreads on P2P platform Localbitcoins, forecasting buy and sell asks to increasingly diverge as the country’s economic situation worsens. дальше »

2018-8-14 22:00


Bitcoin Shown to be Less Volatile Than Turkish Lira Amid Turkey’s Economic Crisis

Turkey is currently undergoing its second serious economic crisis since 2017, as the country’s national currency has lost approximately 30 percent of its value in the last month. The Turkish Lira has been subject to so much volatility in the last two weeks that it’s “making Bitcoin look tame by comparison,” reports Bloomberg. дальше »

2018-8-13 20:29


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How Blockchain Technology Can Transform the Existing Refugee Crisis

One form or another of a global refugee crisis is a humanitarian problem that has existed throughout history. More important to note is the fact that it will persist as long as war exists. With rampant global conflicts, especially in the Middle East and North Africa, it is therefore not surprising that over 68 million people in the world are. дальше »

2018-8-3 23:00


Pakistan Embraces Cryptocurrency Amidst Deteriorating Economic Situation

The people of Pakistan are gradually turning towards cryptocurrency as the Pakistani economy continues to experience a steep decline. With a new administration set to take office, there are questions on whether the government will be able to resolve the current economic crisis that has rocked the country since the beginning of 2018. Pakistani Economy […] дальше »

2018-7-28 12:13


Pakistan Embraces Cryptocurrency Amidst Deteriorating Economic Situation

The people of Pakistan are gradually turning towards cryptocurrency as the Pakistani economy continues to experience a steep decline. With a new administration set to take office, there are questions on whether the government will be able to resolve the current economic crisis that has rocked the country since the beginning of 2018. дальше »

2018-7-28 00:34