In part I of this blog, we discussed the implications of our proposed “Accounting View” of money as it applies to legal tender. In part II, we further elaborated on the implications of the new approach, with specific reference to commercial bank money. We conclude our treatment of commercial bank money in this part, starting … Read more
Traditional credit scores are fairly accurate in predicting future loan performance, which is why lenders have tended to concentrate on clients with already a solid credit history, as screening them is less costly. However, interest in alternative ways to identify potential good borrowers that lack credit history is growing, particularly in countries where a non-trivial … Read more
We are happy to introduce to you today Paul Kimani, C.E.O. of TozzaPlus, a cloud business management start-up from Nairobi, Kenya. 1. First of all, can you introduce yourself to our readers, who you are, where you come from and what’s your background. My name is Paul Kimani (C.E.O/Co-founder of TozzaPlus) and I am from … Read more
LG CNS, the IT subsidiary of electronics giant LG, has been handpicked by South Korea’s minting corporation to establish a blockchain platform for the public sector to provide a number of services including issuing a community token to the masses. As reported by Business Korea, LG CNS won the order from the Korea Minting, Security … Read more
The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into … Read more
A Toyota executive will be appointed to Grab`s board of directors and a dedicated Toyota team member will be seconded to Grab as an executive officer, the ride-hailing firm said.
Toyota said today it was investing $1 billion in Asia ride-share company Grab, as the Japanese automaker looks to expand beyond its core business into the “mobility” sector.
Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year. Also Read: Six Major Banks in Chile Sued by Another Cryptocurrency Exchange Buda Suffers Termination of Banking Services in Colombia … Read more
Democrats in Northern Wisconsin declared victory in a state Senate special election on Tuesday, the party’s 43rd red-to-blue state legislative flip since President Donald Trump stepped into the White House last year.
A congressional candidate in South Carolina who admitted to abusing his ex-wife 45 years ago and lost all support from national and state Democrats has won his Democratic primary, CNN projects.