financial inclusion

Quidi Project: Beyond the Boundaries of Decentralized Finance

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Time Stamp: July 19, 2023 1:27 PM - Modified On: July 19, 2023 - Published By:
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In the dynamic realm of Decentralized Finance (DeFi), a groundbreaking initiative known as the Quidi Finance has emerged, introducing unprecedented solutions that are reshaping the financial landscape. This article delves into the distinctive features that set the Quidi Finance apart, its unwavering dedication to financial inclusivity, and the trail it blazes for the future of DeFi. Open up New Horizons with Quidi At its core, the Quidi Project harnesses the power of blockchain technology to establish a secure and transparent environment, enabling users to participate in DeFi activities with confidence. By embracing

Paribus. The Fragility of Finance.

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Time Stamp: March 25, 2023 7:31 AM - Modified On: March 25, 2023 - Published By:
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Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

IOV Labs Prepares to Aid Cryptocurrency Adoption in Asia

Source Node: https://bitpinas.com/feature/iov-adoption-asia/
Time Stamp: September 22, 2021 11:00 PM - Modified On: September 22, 2021 - Published By:
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Share some Bitpinas love:By Shiela BertilloIOV Labs, a Bitcoin merge-mined smart contracts platform, is arranging the adoption of cryptocurrency worldwide, starting from the emerging markets in Asia such as Vietnam and the Philippines. Through IOV Labs’ RSK, a bitcoin sidechain notable for how it has revamped the way users swap bitcoin for RBTC, and its new Powpeg system user transaction would be easier as the proof of transaction is automatically generated and vetted by a special hardware security module. And once these modules receive the proof, they distribute the RBTC to

UK cryptocurrency businesses celebrate normalisation as Bitcoin exceeds $20k for the first time

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Time Stamp: December 19, 2020 4:16 AM - Modified On: May 21, 2021 - Published By:
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The milestone coincides with today's FCA approval for a Temporary Registration Regime for UK crypto assets Cryptocurrency businesses are today celebrating a historic milestone for Bitcoin as the asset exceeded $20k for the first time this afternoon. Although many commentators attribute the cryptocurrency's year-long rally to increasing popularity with institutional investors, there is also evidence of growing popularity and usage at a mass consumer level with the ground set for further growth in 2021. Nick Jones, founder, and CEO of Zumo, a UK-based crypto wallet and exchange platform, said: "The

The Importance of Developing the Decentralized Finance Space

Source Node: https://cointelegraph.com/news/the-importance-of-developing-the-decentralized-finance-space
Time Stamp: August 16, 2020 7:00 AM - Modified On: May 21, 2021 - Published By:
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The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are sorely lacking in the existing financial system. And it will enable institutions to move real-world assets onto the blockchain, generating untold cost-savings and improved efficiencies.But it doesn’t have to be a violent revolution. DeFi doesn’t necessarily need to overthrow the incumbent system. I believe that DeFi will complement traditional finance, force it to do better, and,

Photographer’s Payment Debacle Brings Bitcoin’s Anti-Censorship Into Focus

Source Node: https://insidebitcoins.com/news/photographers-payment-debacle-brings-bitcoins-anti-censorship-into-focus/256711
Time Stamp: April 6, 2020 5:08 PM - Modified On: May 21, 2021 - Published By:
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Censorship has always been one of the biggest problems, and circumventing; it has been one of Bitcoin’s most significant alluring properties. The latest in such occurrences is that of Ben Taylor, a photographer who was recently banned for life from Western Union as a result of his activities in Africa.“No Explanations. Just Leave” In a recent YouTube video, the photographer, better known as Pleasant Green, explained that he established a photography business in Africa as a means of doing some charity work. The business is based in Liberia, and he’s been wiring money

Bank of Korea Launches Experimental Trial for National Cryptocurrency

Source Node: https://coinfomania.com/bank-of-korea-experimenting-cryptocurrency/?utm_source=rss&utm_medium=rss&utm_campaign=bank-of-korea-experimenting-cryptocurrency
Time Stamp: April 6, 2020 5:15 AM - Modified On: May 21, 2021 - Published By:
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The central bank of South Korea has announced the launch of its Central Bank Digital Currency (CBDC) pilot project to determine the requirements of issuing a government-backed cryptocurrency in the future.  According to a report by Yonhap today, the trial which commenced last month is a 22-month program focused on the technological and legal provisions needed to launch a CBDC. The Bank of Korea (BoK) believes the possibility of issuing a CBDC in the future is slim because of the increased demand for fiat currencies, the competitive nature of the global