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China says bitcoin is wasteful. Now it wants to ban mining.
An executive who works closely with Chinese mining firms told WIRED that although the ban was widely expected to move forward, miners expect it will take years for the government to fully rein in their operations.
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- Technology
- Region
- Asia Pacific
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World Changing Ideas 2019: 17 winning solutions that could save the planet
Fast Company is excited to announce the winners of the 2019 World Changing Ideas awards. World Changing Ideas, now in its third year, celebrates businesses, policies, and nonprofits that are poised help shift society to a more sustainable and more equitable future.
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- Technology
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10 ways central banks are experimenting with blockchain
These organizations, tasked with overseeing a nation’s monetary policy and financial and economic stability, are very cautious to implement any technology or solution that can have adverse consequences. Yet many central banks are actively researching a variety of use cases to explore the technology’s potential in controlled, secure settings.
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- Technology
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PayPal Makes Its First-Ever Investment in a Blockchain Startup
Neither PayPal nor Cambridge Blockchain disclosed the investment amount, but recent filings with the SEC indicate that Cambridge Blockchain has raised a total of $3.5 million in new equity from several investors over the past nine months.
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- Technology
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Alibaba, Baidu, and Tencent are among the first 197 regulated blockchain firms in China
China‘s Cyberspace Administration – the country’s central internet regulator – has released the first list of companies approved to conduct business with blockchain tech.
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- Technology
- Region
- Asia Pacific
- Tags
- blockchain, Internet, regulations, technology
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How Can Fintech Serve the Poor? A Q&A with CGAP CEO Greta Bull
As fintech innovation transforms the financial sphere, what are the implications for low-income and unbanked individuals? Greta Bull, CEO of CGAP, explored this question in a widely read essay earlier this year, and NextBillion followed up to get a deeper sense of her views on fintech's potential (and practical) impact. Her thoughts offer an important barometer of an organization and an industry in transition, as the tech revolution continues to reshape financial inclusion.
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- Finance
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Medical Equipment Graveyards: Three Causes of the Problem – And How Blockchain Can Help
Medical equipment is essential for diagnosing and treating patients. Yet due to inefficiencies and a lack of coordination in donations, much of this equipment sits unused in low-income countries — a situation often referred to as equipment graveyards. According to global health consultant Vikas Meka, blockchain could provide a solution. In this post – the first in a series – he explores three common problems with the current medical equipment donation system, and how a blockchain-driven platform could help.
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- Health Care, Technology
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Businesses ‘doing good’? Prove it
“It is a bit of a dark art, measuring impact,” Jessi Baker, founder and chief executive of Provenance, a British social enterprise that uses blockchain technology to make supply chains more transparent, told the Thomson Reuters Foundation.
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- Entrepreneurship, Impact Assessment, Technology
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- Europe & Eurasia
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