World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond
The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond Go to Source Powered by WPeMatico
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IMF Spring Meetings: Digital Money Is Imminent, But No Decentralization in Sight
Governors of central banks and IMF experts remain suspicious of open blockchains Go to Source Powered by WPeMatico
Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%
Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new … Read more
IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech
The International Monetary Fund and the World Bank have launched a private blockchain and a quasi-cryptocurrency to learn more about the technology Go to Source Powered by WPeMatico
Blockchain Reality Does Not Match Advertisement, Says World Bank Official
World Bank official cautions over “big and flashy” tech such as blockchain Go to Source Powered by WPeMatico
Wine, Mountains, and Mining Rigs: Georgia as a Crypto Powerhouse
With a population of just 3.7 million, this nation is second only to China in crypto mining Go to Source Powered by WPeMatico
New Remittances System to Tackle Crypto Volatility When International Payments Are Made
Despite being slow and expensive, international remittances hit high records in 2017. A fintech company says crypto can deliver much-needed improvements #SPONSORED Go to Source Powered by WPeMatico
Alleged World Bank Rumor Might Send XRP Price Upward
In this world of financial uncertainties, one has to wonder how cryptocurrencies and digital assets will pan out in 2019 and beyond. For XRP, it would seem the downtrend is still in place right now, even though there are some interesting gains in the BTC department. For the time being, the value remains near $0.3, … Read more
Blockchain Can Reshape Global e-Government Procurement, Say World Bank Experts
New report says e-Government procurement can benefit from blockchain usage Go to Source Powered by WPeMatico
Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again
Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP. Bilateral loans, especially from China, add … Read more
