Sunday, May 5, 2024
Latin America is currently experiencing difficult situations, with different characteristics according to each country, but with some points in common. Argentina has one of the highest inflation rates worldwide, a heavy tax burden and very strong exchange restrictions. In that regard,...
The Central Bank of China issued some comments referring to progress without any setback on the creation of the Digital Yuan, a cryptocurrency backed by the Chinese government. The People's Bank of China (PBoC), which...
It was reported that the processing power of the network climbed to 119 TH/s per second. The figure is nine times higher than the hash rate achieved when BTC was priced at USD 20,000. Bitcoin's processing...
Specialists such as George McDonaugh consider that it is at a critical stage in bitcoin’s price trajectory. At the end of 2019, crypto-users predicted that 2020 would be “the year of cryptocurrencies” and that 2020s...
Payment systems are 22% of the solutions proposed by Brazilian startups. FinTech firms also show interest in Artificial Intelligence (AI) and automatic learning. According to a report in the financial publication Valor Investe, Brazilian financial technology (FinTech)...
The pioneering cryptocurrency makes a difference for people that cannot trust their rulers. Bitcoin is an economic system based on a currency that no government can control. The president of Argentina Alberto Fernández stated that the country...
The increasing tension in Iran, after the assassination of Qasem Soleimani, has caused Iranian rials to lose even more confidence. Currently, it can be seen that Bitcoin has resumed the bullish expectation for the short term after...
António Guterres believes that blockchains can help sustainable development. The organization sees the potential for transparency of decentralized networks. United Nations (UN) Secretary-General António Guterres, from Portugal, gave his support to distributed ledger technology (DLT), or blockchain,...
A first phase of the project will be implemented among the Mercosul partners. The bConnect solution is developed on Hyperledger Fabric 1.4. The Brazilian government, through the Federal Revenue Service, informed that the registration of foreign...
Antonopoulos is confident about the usefulness of Bitcoin even though the massification has not yet reached the country. The author sees the cryptocurrency as a lifeboat but believes that for now, it cannot rescue all its inhabitants.