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“# Supply chains reimagined: Enterprise DeFi finances personal protective equipment ” Supply chain management has historically been challenging due to issues, such as increased costs, consumer demands, financial risk, volatility and much more. Unfortunately, the COVID-19 pandemic has created even bigger issues for supply chains globally. A recent survey conducted by Big Four firm Ernst…
“# Traditional finance has much to learn from new entrant DeFi ” Incumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital markets are…
“#NASA to show off space lasers, enabling faster transfer of data between Earth and space” NASA is planning to unveil a new laser communications system next month that will allow data to be transmitted between Earth and space at an accelerated rate. Slated for launch on June 23, NASA’s Laser Communications Relay Demonstrations (LCRD) replaces radio frequency communications,…
“# Crypto currently is comparable to the early days of cell phones, Coinbase President says ” In terms of adoption, products and services, the crypto industry has come a long way since Bitcoin’s launch in 2009. Emilie Choi, Coinbase’s president and chief operating officer, however, still said crypto usage needs to be easier. “It’s about,…
“# Capture the industry? Token IPOs aim for $200T global capital market ” Earlier in May, INX Limited — a Gibraltar-based blockchain trading platform — announced the completion of its INX token sale event, which took place via an initial public offering. The event marked the first time that the United States Securities and Exchange…
“# City in North Dakota now accepts cryptocurrency for utility payments ” A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments. Hercules Cummings, finance director for the City of Williston, announced Thursday that the city administration has partnered with crypto payment firm BitPay…
“# UK will likely need to issue a digital currency, says BoE deputy governor ” The Bank of England’s deputy governor Jon Cunliffe has argued that a sea change in the issuance and circulation of public and private monies could make general access to a digital form of central bank money crucial for ensuring financial…
“# Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin payments ” The founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon Musk, after the Tesla CEO announced the electric car firm would stop accepting Bitcoin (BTC) as a form of payment. The…
“# New Australian Islamic finance DeFi platform is ‘guided by Sharia’ ” A team based out of Sydney, Australia is building what it claims is the world’s first “Shariah-guided” decentralized finance platform to navigate a course between the advantages of DeFi and the beliefs of Islamic finance. The Marhaba Decentralized Financial Platform — Marhaba translates…
“# Green energy tokens capitalize on Tesla’s decision to nix Bitcoin payments ” After months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla CEO Elon Musk shocked the crypto Twitter on May 12 by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns…