Category: Blockchain technology

5 Trends in Finance

October 18, 2022
Blockchain technologyBrightbudgetingDigital Bankingfinance trendsFuture PlanninginvestingMoney Managerspersonal financesecurityWealth Management
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In our digital age, current events have an increasingly swift impact on our finances. Extreme weather events, warfare, and other forms of political and economic unrest on the other side of the world are all communicated instantaneously. Those events in turn carry the capacity to impact finance trends in every market. Of course, seasoned investors…

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Blockchain is Risky, Users Need to ‘Trust’ Programmers Won’t ‘Introduce a Bug,’ Warns Pentagon Report

July 1, 2022
bitcoinBlockchain technologyBusiness & Marketscentral bank digital currencycryptocurrencyDecentralized financeMarketsUSUS News
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A report commissioned by the Pentagon’s Defense Advanced Research Projects Agency (DARPA) has found that blockchain—the technology behind cryptocurrencies like bitcoin—is not as decentralized as commonly thought, while also being vulnerable to attacks. “The challenge with using a blockchain is that one has to either (a) accept its immutability and trust that its programmers did…

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Overregulation Hinders China’s Web 3.0 Developers While Investors Seek Options Offshore

May 11, 2022
blockchainBlockchain technologyChinaChina Business & EconomycryptocurrencyDecentralized financemetaverseNFTSpecial TopicsTech Competitiontechnologyweb 3.0
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The communist Chinese regime’s heavy-handed supervision of China’s high-tech industries has greatly hindered its domestic tech innovation, prompting many Chinese tech firms and industry professionals to seek development overseas. Web 3.0 is referred to as the next internet revolution or the third-generation Internet that is based on blockchain technology and cryptocurrencies. It is being developed…

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Blockchain, the Core of the CCP’s Digital Currency in Its Ambition for Global Hegemony

May 23, 2021
AnalysisBlockchain technologyBusinessCCP's Global Financial HegemonyChinaChina Business & EconomyDigitial Currency Electronic Payment DCEPEconomiesOpinion
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News Analysis The Chinese Communist Party (CCP) has been pushing its digital currency project in recent years. The CCP’s central bank has been conducting research on digital currencies since 2014. In August 2019, a report by the CCP’s mouthpiece Xinhua News Agency said that the Central Bank’s Digital Currency Research Institute, established in 2017, had so…

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