Thinking Big on Fed Accounts, Digital Dollars and Financial Inclusion

  In the fintech community, financial inclusion isn’t usually a question about whether it’s needed, but is instead about which one of a growing number of technologies is best suited to achieve it — or will be first out the gate with a practicable solution. And even where technologies are identified and named, it doesn’t take long … Read more

Celo mainnet launch paves way for nearly free cross-border payments

After two-and-a-half years of development, the Celo Foundation has announced that its mainnet has officially launched. Tim Moreton (Photo: Celo) The proof-of-stake blockchain enables digital currencies to be sent to phone numbers instead of blockchain addresses. The group said in a release that the launch paved the way for its ERC-20 staking token—Celo Gold—to be … Read more

Study Shows UK Blockchain Companies Are Shifting Back To Traditional Funding Strategies

A new study released by venture capital firm, MMC Ventures, found that UK blockchain companies are turning to traditional capital raising strategies, noting that the Initial Coin Offering, or ICO, model is becoming “increasingly” difficult to utilize. According to the research published on April 30, ICOs represent a “valuable” funding source for open-source projects. However, … Read more

A Fintech-Inspired Approach to Contact Tracing

    By Chris Brummer* China tracks individuals without their permission. And the United States won’t do so at all. The question, increasingly, is whether there’s something in between. The objections to China’s approach are pretty obvious. The crisis offers an opportunity for the country’s leaders seeking to extend the authority of China’s Communist Party … Read more

Philippines and BCB Blockchain to Work Together on Smart Cities

Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement (MoA) with a branch of the Philippines’ Department of Science and Technology (DOST) to support the development of local smart cities. Per a Nov. 23 press release, BCB Blockchain contributed $300,000 to support incubators and startup accelerators in the Philippines by signing an MoA … Read more

AI Firm Core Scientific Acquires Creator of Mining Program Honeyminer

Blockchain and artificial intelligence startup, Core Scientific has acquired Stax Digital to further develop its infrastructure and software solutions. In a Sept. 27 press release, Core Scientific announced the acquisition of blockchain mining company Stax Digital, the creator of the most widely used GPU mining program, Honeyminer. Stax Digital’s CEO, Noah Jessop, said: “With Core … Read more