Tag "blockchain"

How Blockchain Is Bringing Transparency and Improved Efficiencies in Seafood Value Chains
Blockchain/Bitcoin Trade Finance

How Blockchain Is Bringing Transparency and Improved Efficiencies in Seafood Value Chains

Blockchain technology, one of the most discussed technologies of the past couple of years, is set to substantially transform the traceability landscape and stakeholder behavior along the value chain in fisheries and aquaculture, according to a new report by the

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Singapore’s Blockchain Map Proves That It Is a Hotbed for Blockchain Innovation
Blockchain/Bitcoin

Singapore’s Blockchain Map Proves That It Is a Hotbed for Blockchain Innovation

Singapore has long established itself as the leading fintech hub in South East Asia, of late it also increasingly becoming a hotbed for blockchain innovation. The city-state is home a healthy blockchain ecosystem comprising numerous players tackling areas ranging from

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What are Stablecoins and Why Is it Growing in Asia?
Blockchain/Bitcoin

What are Stablecoins and Why Is it Growing in Asia?

Stablecoins are cryptocurrencies designed to minimize price volatility, it is often praised for offering the advantages of cryptocurrencies, including transparency, efficiency and low transaction fees, while overcoming the wild price swings inherent to the likes of bitcoin and ether. Proponents

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Crypto Deals on The Rise in Asia Pacific
Blockchain/Bitcoin

Crypto Deals on The Rise in Asia Pacific

Year 2019 has witnessed a major shift in crypto-related fundraising and merger and acquisition (M&A) activity. While in 2018, the majority of crypto deals took place in the Americas, this year, Europe, the Middle East and Africa (EMEA) and Asia

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Asian Development Bank Report Suggests That Blockchain Can Help SMEs Gain Funding
Blockchain/Bitcoin Funding Studies Trade Finance

Asian Development Bank Report Suggests That Blockchain Can Help SMEs Gain Funding

Digital innovation and in particular blockchain technology can increase small business access to finance, according to a new study by Asian Development Bank. In a report, titled Fintech for Asian SMEs, ADB explores how technologies such as distributed ledger technology

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Fintech Infographic of the Week: Making Investing More Accessible with Decentralized Finance
India Infographic Personal Finance Mgt (PFM)

Fintech Infographic of the Week: Making Investing More Accessible with Decentralized Finance

Across the globe, access to financial markets diverges dramatically from one country to another. While in the US about 52% of people are investing in the stock market, in emerging countries like India and Mexico, the figure drops significantly with

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Singapore’s New GST Proposal for Crypto “One of the Friendliest Tax Regulations in the World”
Blockchain/Bitcoin

Singapore’s New GST Proposal for Crypto “One of the Friendliest Tax Regulations in the World”

The proposal of the Singapore government’s taxation agency to remove goods and services tax (GST) from cryptocurrency transactions could give a boost to the burgeoning sector, experts and industry participants claim. Earlier this month, the Inland Revenue Authority of Singapore

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Prime Minister Lee Hsien Loong: Not All Problems Need a Blockchain Solution
Blockchain/Bitcoin

Prime Minister Lee Hsien Loong: Not All Problems Need a Blockchain Solution

Prime Minister Lee Hsien advised sober assessment of blockchain technology in a Facebook post shared earlier. Ironically on his Facebook post he was also commenting on the Facebook’s controversial cryptocurrency project, Libra. Describing Facebook’s Libra, he said it has “a

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Philippine Based Crypto Startup PDAX Receives Funding Boost from BitMEX
Funding Philippines

Philippine Based Crypto Startup PDAX Receives Funding Boost from BitMEX

Philippines Digital Asset Exchange (PDAX), a locally based cryptocurrency exchange platform recently received an undisclosed sum of funding from BitMEX Ventures. This news follows a recent investment by Consensys into PDAX. According to BitMEX co-founder and CEO Arthur Hayes, they

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7 Blockchain Projects and Startups Leading the Way in Singapore
Blockchain/Bitcoin

7 Blockchain Projects and Startups Leading the Way in Singapore

In recent years, Singapore has emerged as a hotbed for blockchain and crypto innovation, fuelled by the supportive stance from the government towards adopting cutting technologies. Sources say that there are over 634 companies have been incorporated in Singapore with a

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