Author Archives: ecba-admin

The World Bank is betting big on blockchain-based bonds

The World Bank has announced that it has hired one of Australia’s biggest banks to manage what it calls the “first bond globally to be created, allocated, transferred and managed” using a blockchain—one of the clearest signs yet that the … Read More

Facebook Backpedals, Reverses Ban on Cryptocurrency Ads

Facebook has announced that it is revising its blanket ban on all cryptocurrency advertisements on the social media site. The announcement highlights that this is a revision of Facebook’s cryptocurrency policy, rather than a removal of the policy altogether. For … Read More

Alipay takes on MoneyGram with blockchain-based remittances

Having failed to buy MoneyGram, Ant Financial is looking to pound it into the ground with the launch of a home-grown blockchain-based cross-border remittance service. The first remittance corridor for the new service will run between Hong Kong and the … Read More

Chinese President calls blockchain a ‘breakthrough’ technology

Chinese President Xi Jinping said in a speech this week that blockchain — the technology underlying bitcoin — has “breakthrough” applications. “A new generation of technology represented by artificial intelligence, quantum information, mobile communications, internet of things and blockchain is … Read More

Facebook reportedly plans to launch its own cryptocurrency

With an eye towards payments on the social media platform Facebook is reportedly planning to launch its own cryptocurrency, according to a report from Cheddar’s Alex Heath. Currently, there isn’t too much detail, but the company is said to be … Read More

What is a Digital Asset in the Cryptocurrency World?

“Digital assets” and “altcoins” are often conflated by investors, and it is easy to see why. They are both stored and traded entirely digitally, they offer a right to use, and they both use blockchain to track transactions. However, there … Read More

Blockchain in a refugee camp

In a store at a UN refugee samp near the Syrian border, iris scan technology is being used to allocate aid. It allows refugees’ needs in individual camps to be tracked.

Blockchain & Distributed Ledger Technology (DLT)

Blockchain is one type of a distributed ledger. Distributed ledgers use independent computers (referred to as nodes) to record, share and synchronize transactions in their respective electronic ledgers (instead of keeping data centralized as in a traditional ledger). Blockchain organizes … Read More

Integration of Blockchain into Real Economy

Huge success of Bitcoin has attracted great attention to Blockchain on the basis of which this crypto currency operates. Moreover, we can see a true technological and financial boom at the moment, and Blockchain is at its core. Its viability … Read More

Here are 5 markets that blockchain will transform beyond recognition

Bitcoin, and its sibling cryptocurrencies, have continued to capture the imagination, and indeed the headlines, with fortunes being made – and lost – on an ongoing basis as traditional fiat currency is challenged by these new digital assets. All outside … Read More