According to the Bangkok Post, Thailand’s Tourism Authority (TAT) is currently examining whether a utility token could have a positive impact on the country’s travel industry. The use case of such a token is so far only that vouchers could be converted into digital tokens. The digital infrastructure and expertise of tourism providers need to
According to Marion Laboure, an analyst at Deutsche Bank Research, the oldest cryptocurrency has what it takes to become the gold of the 21st century. At the moment, however, the transactions are taking too long and the fees are too high. In El Salvador, on the other hand, Bitcoin is used as a payment system
A study has shown that India is the country that has the most crypto investors, with 100,7 million. The USA follows with 27,4 million, Russia with 17,4 million, Nigeria with 13 million and Brazil with 10,4 million. The top five are Pakistan with 9,1 million, Vietnam with 6 million, Ukraine with 5,6 million, Kenya with
Blockchance Europe 2021 will focus on sustainability, but also on digital assets, artificial intelligence (AI) and application scenarios of blockchain technology. The blockchain conference will take place from December 2 to 4 and aims to bring together stakeholders from business and society as well as investors and developers at the 2G event. More than 1,500
Etherisc wants to bring blockchain technology to the insurance industry in collaboration with the University of Mittweida. Work has already begun on a prototype. Etherisc believes that blockchain and the insurance industry belong together. In addition to Blockchain technology, Decentralized Autonomous Organizations (DAOs), Artificial Intelligence (AI) and Machine Learning (ML) will also be used. Through
Countless goods and commodities are sent around the world by sea freight every day. To ensure the risk-free receipt of funds for importer and exporter, securities known as sea freight bills of lading are transferred. In the process, they cover a long distance by courier, car or plane. Blockchain technology was investigated as a more
As blockchain has evolved from an experimental technology to a component of business ecosystems, it is now increasingly becoming the focus of IT vendors. The survey of IT decision-makers conducted as part of Computerworld's Top 500 issue suggests that growing interest in technologies such as blockchain, as well as in the virtualization and data protection
According to a recent survey by Sherlock Communications, 48% of respondents are in favour of the legal introduction of cryptocurrencies. After cryptocurrencies have been official means of payment in El Salvador for a week now, almost half of Brazil’s inhabitants want the country to follow the same path. In addition, 56% of respondents support the
According to data from Chainalysis, the values of the African cryptocurrency market increased by more than 1,200 percent between July 2020 and June 2021. Probably the popularity of P2P platforms is one of the biggest factors for the high level of acceptance. Especially in Kenya, South Africa, Nigeria and Tanzania, people rely on P2P because
Last week, Ukraine’s parliament almost unanimously passed a law legalizing cryptocurrencies. Already at the beginning of last month there were reports following a new bill that would allow payments in Bitcoin & Co. This bill was adopted on Wednesday. While the law states that cryptocurrencies are not legal tender, it does suggest that the country
