Monday, 25 October 2021

Tag Archives: blockchain

Chinese Authorities Crack Down On Cryptocurrency Gambling

BIEJING: According to a July 12 announcement made by the Guangdong Provincial Public Security Department, the police in the province have launched an extensive enforcement action against illegal gambling organizations. This operation involves 21 security authorities and has, to date, disabled 70 websites, approximately 540 gambling apps, and over 250 ...

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What Really is a “Blockchain”?

LONDON: Much has been said about the revolutionary potential of the blockchain technology. Besides its current use as the backbone to verify and record digital transactions of Bitcoin, the blockchain technology has also been touted as the technology that can replace expensive accounting and payment networks in the financial industry, ...

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IBM aims to transform international payments with blockchain tech

LONDON: The blockchain has long been seen as a method to quicken (and cheapen) cross-border payments, and now that movement – which includes a number of startups making moves privately – just got its highest profile advocate after IBM announced its own solution focused on banks. The computing giant has ...

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