Blockchain in the EU healthcare report: 6 key takeaways

The EU Blockchain Observatory published its fifth report under the headline “Blockchain Applications in the Healthcare Sector.” The document highlights the importance of distributed ledger technology for the European healthcare sector, which faces a number of challenges on its route to the “Healthcare 4.0” revolution. The 66-page document was announced on the EU Blockchain Observatory’s Twitter on April 11. Its authors take an optimistic perspective on the implementation of blockchain technology in healthcare, noting its compatibility with the core principles of “Healthcare 4.0”, such as interoperability, virtualization, decentralization, real-time capability,…

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Swiss public exchange lists two new carbon-neutral crypto ETPs

Two new carbon-neutral cryptocurrency exchange-traded products (ETPs) have been launched on the Six Swiss Exchange, bringing the total number of crypto ETPs to 155. The SIX Swiss Exchange just announced on Monday that Helveteq is introducing two new crypto exchange-traded products (ETPs), Bitcoin (Bitcoin Zero / BTCO2) and Ethereum (Ether Zero / ETH2O), becoming the third crypto ETP issuer to join SIX in 2022. An ETP is a derivative financial instrument that trades based on assets such as commodities, currencies, share prices, or interest rates. The BTCO2 and ETH2O ETPs…

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Here’s what’s happening in Web3 across Africa

Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up. Why? Well for one, according to analytics firm Chainalysis, Africa’s crypto market increased in value by more than 1,200% between July 2020 and June 2021. Led by especially high adoption rates in Kenya, South Africa, Nigeria and Tanzania, Africa had the third-fastest growing cryptocurrency economy worldwide during that period. And that’s not all.…

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How blockchain technology is transforming climate action

The United Nations Climate Change Conference of November 2021, known as COP26, in Glasgow, Scotland urged the world to commit to curbing contributions to carbon emissions. Achieving a net-zero world in less than 30 years is causing many to turn to blockchain technology, buy carbon offsets, and spark renewed interest in carbon capture. The United Nations Environment Programme (UNEP) has identified transparency, clean energy, carbon markets and climate finance as areas where blockchain technology can accelerate climate action. At the 2017 Paris Summit, the UN Climate Change Secretariat joined a…

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Shopify Bitcoin payments integration triggers legal questions from the community

Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move.  Crypto researcher Matt Ahlborg believes that the event is a very significant development for BTC as it allows the offloading of BTC without the need to go through the know-your-customer (KYC) process.  What Jack Mallers is really saying is that you will be soon be able to offload your Bitcoins in the real world without KYC’ing through…

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Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership

Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments. As per the announcement, the newly launched product is called Crypto Accept. It allows online sellers to accept Bitcoin (BTC) and Ethereum (ETH) before expanding to other digital assets in 2023. Payments are sent to internet merchants’ accounts in U.S. dollars or other fiat currencies the next business day, allowing vendors to expand their market and enhance their online payment experiences while avoiding price…

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Bitcoin transaction fees hit decade lows, here’s why

It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital.  #bitcoin fees are at all-time lows. the craziest thing? fall 2021 was the first bull run not accompanied by a major spike in fees. how is that possible? what does it mean? here’s a thread explaining the most confounding (and awesome) chart in bitcoin. (remember june 2021) pic.twitter.com/gnWssTckX2 — Alex Thorn (@intangiblecoins) April 5, 2022 As shown on the graph below, the Bitcoin…

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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Bitcoin (BTC) is the collateral asset of choice for the world’s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on April 4, Do Kwon, co-founder of Blockchain protocol Terra, pledged to continue buying BTC to back the firm’s stablecoin, TerraUSD (UST). Kwon: BTC buys will continue “in perpetuity” Terra has made waves inside and outside the crypto community in recent weeks thanks to its massive Bitcoin buys. Currently at just over 30,000 BTC, the reserves of Terra nonprofit the Luna Foundation…

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Scaling DApp in 2022, explained

Let’s examine the Polkadot network, for instance. Polkadot (DOT) is a next-generation blockchain aiming for interoperability and building upon the concepts introduced by Ethereum. It is a blockchain protocol attempting to unite blockchain networks into one compatible environment. The protocol is broken into two chain types: the main chain (also known as a relay chain) and parachains. Polkadot’s main chain is similar to other blockchain networks, providing transaction consensus and security. Parachains, however, are user-built chains that harness the power of the main chain and relay information to the main…

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DAO regulation in Australia: Issues and solutions, Part 1

Lawmakers in Australia want to regulate decentralized autonomous organizations (DAOs). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions. On March 21, 2022, during Blockchain Week Australia, Australian Senator Andrew Bragg made a few interesting statements, one of which was about the intention of lawmakers to introduce regulations for decentralized autonomous organizations. Per se, it is not new, as the Australian Senate Committee led by Senator Bragg recommended in October 2021 that decentralized autonomous organizations be brought under the fold…

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