5 September 2018: Discussions in recent months have explored how emerging technologies such as blockchain and digitalization processes could serve the implementation of the SDGs and the Paris Agreement on climate change. In August, the World Bank launched a blockchain-operated US$110 million bond, with potential impacts on carbon market trading. Other multilateral institutions have stressed the potential of digitalization technologies for sustainable development. The UNFCCC issued a report that assesses financing climate technology entrepreneurship and actions needed to support overcoming specific challenges in developing countries. UNFCCC Urges Support for Climate Action through Climate Technology Incubators and Accelerators Innovation can speed […]
For several years now, the Organization for Economic Co-operation and Development (OECD) has been cautiously enthusiastic about blockchain technology. Beginning with a 2014 working paper titled, “The Bitcoin Question” the intergovernmental organization has been considering the economic possibilities opened up by distributed ledgers and cryptocurrencies — and, on the whole, it has found these possibilities exciting, even if such working papers “do not necessarily reflect the official views of the Organization or of the governments of its member countries.” But for the most part, reports on “Blockchain Technology and Competition Policy” and “Corporate Governance” — among other subjects — have […]
Thailand is setting itself apart from other nations when it comes to blockchain and cryptocurrency. The South Asian nation is on track to have one of the world’s first Central Bank Digital Currencies (CBDC), and has already legalized the use of major cryptos within Thai borders. Many nations are supporting blockchain development, but Thailand is a relative rarity in their openness to cryptocurrency. Bitcoin, Ethereum, Bitcoin cash, Ethereum classic, Litecoin, Ripple, and Stellar are all fully legal in Thailand. In addition to this, Thailand has created a definitive regulatory process for new ICO’s, which is helpful for investors who are growing […]
Some blockchain penny stocks are in the green today. We take a look at two companies trading up on the market today. What are they doing to grow? This content was originally published here.
Blockchain penny stocks are down this morning, making it not a good start to the week for this sector. However, most of the top cryptocurrencies are currently seeing gains on the crypto market. Most times, when the cryptocurrency market is down, blockchain stocks fall with it. Today, however, this doesn’t seem to be the case, as blockchain penny stocks seem to be down despite a bear crypto market. Let’s take a closer look at two blockchain penny stocks down today and their latest updates. HIVE Blockchain Technologies Ltd. (TSXV:HIVE) Based out of Vancouver, Canada, HIVE Blockchain operates as a cryptocurruency […]
The biggest bank by market capitalization in Thailand, Kasikornbank, has become the first financial institution in the Southeast Asian country to get on board the Visa B2B Connect platform. Designed to enable fast and secure cross-border payments between businesses using blockchain technology, the platform relies on a permissioned private blockchain architecture which is operated by global financial services firm, Visa Inc. According to Visa Thailand’s country manager, Suripong Tantiyanon, the B2B Connect platform makes extensive use of the core capabilities of the global financial services company in governance, security and distributed ledger technology, per The Nation. “Building on the enterprise […]
A new from Forrester Research says the buzz around blockchain, a technology that creates tamper-proof records across multiple computers, is so over-hyped that some companies are dropping the word altogether. According to Forrester, firms are ditching the b-word in favor of “DLT,” which is shorthand for distributed ledger technology—a more descriptive, if less catchy, term. The report comes at a time when blockchain marketing is everywhere, including during the recent World Series, when IBM touted its blockchain services in TV commercials. While blockchain is an important new technology, some firms are over-hyping its usefulness or simply repackaging existing services—a practice […]