A new peer-to-peer payments protocol has been launched on Solana with support from Circle, FTX, and Phantom that will allow customers and merchants to use digital assets like Circle’s USDC stablecoin for various transactions. Launched by Solana Labs, Solana Pay, a decentralized payments protocol built on the Solana blockchain, lets merchants and e-commerce platforms accept payments using crypto wallets, giving merchants and customers expanded financial freedoms while allowing new kinds of interactions and purchasing power.
Numerous community banks throughout the United States are gearing up to begin offering Bitcoin and crypto trading services to their clients. Facing constant demand for new services aimed at crypto trading, over 300 banks will begin offering new services targeting Bitcoin to their clients by Q1 or Q2 of 2022 with the help of NYDIG, a subsidiary of Stone Ridge, that has already been heavily involved in supporting various crypto initiatives by traditional financial institutions.
The first phase of Russia’s Digital Ruble pilot program is underway with 12 different banks joining in to start a trial run of using the Central Bank’s digital currency for a wide range of different payment types. This all comes just days after Vladimir Putin highlighted the threats of Bitcoin and cryptocurrency, then reversed his stance.
On Thursday, Russia’s Central Bank launched a proposal to ban both cryptocurrency investments and mining, joining in a chorus of governments around the world cracking down on digital currencies while highlighting the various threats cryptocurrencies pose to monetary stability and private citizens.
Africa Blockchain University (ABU) is a non-profit institution headquartered in Port Louis, the capital city of Mauritius, dedicated to promoting and expanding the use of blockchain technology throughout the continent of Africa through policy advocacy, research, training, and project incubation.
BTCS, a leader in the blockchain and digital currency field, represents the first U.S. publicly traded company fully focused on blockchain infrastructure and technology. BTCS, also known as The Company, secures Proof-of-Stake blockchains by actively processing and validating transactions and is rewarded with native digital tokens. They are also actively developing a Staking-as-a-Service platform which will grant users the ability to stake the various supported cryptocurrencies through a non-custodial platform. BTCS plans to integrate its staking program with its Data Analytics Dashboard, which is now in beta release. Currently supporting six exchanges and over 800 digital assets with its Data Analytics Program, The Company plans to further broaden its suite of performance-tracking tools, add additional centralized and decentralized exchanges, introduce digital wallets, and allow stake pool monitoring. On top of all that, BTCS just announced the first-ever dividend payable in Bitcoin by a Nasdaq-listed company, referred to as a Bividend.
The PBOC, the Central Bank of China, has launched pilot versions of its digital yuan wallet application e-CNY for both Android and iOS as the country’s central bank steps up its push to develop its own digital currency.
Global electronics leader Samsung just announced a new series of televisions that will introduce non-fungible tokens (NFTs) to the masses. The company plans on integrating NFT support into a number of this year’s new televisions allowing Samsung TV owners the ability to browse, make purchases, and even display purchased NFTs on their screens, providing a similar service to NFT marketplaces like OpenSea.
Russia has officially entered into the crypto ring as news broke that the largest bank within the Russian Federation, Sberbank, has created a blockchain exchange-traded fund (ETF) tracking some of the biggest players in the blockchain industry. The fund, which is named Sberbank – Blockchain Economy, will reportedly trade on the Russian stock market under the ticker symbol SBBE and is the first such product to become available in Russia, giving locals the freedom to enter into the digital asset market without having to purchase, store, or sell tokens.
HashCash Consultants, a leading blockchain and cryptocurrency development company headquartered in the USA, has proposed and conceptualized a blockchain-powered pharmacology system to fight drug fraud. From unlawful kickbacks and large scale manipulation of clinical trials to outright fraudulence behavior targeting the FDA, failures to comply with good manufacturing practices, compounded drug fraud, and illegal drug switching, the pharmaceutical industry is regularly found to be engaged and targeted by fraud and illegal activities in a variety of ways.