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Facebook Unveils Libra Cryptocurrency, Targeting 1.7 Billion Unbanked
Customers interested in holding or transferring Facebook’s newly-announced Libra token will be given a number of options to do so, the company announced Tuesday, with an initial focus on international remittances.
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- Finance
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How Technology Could Help Rural South Africa Turn Sunshine Into Income
If South Africa positions itself well, it could become a test bed for these technologies and thereby benefit from investments in research and development by major international corporations that have an interest in driving these trial runs.
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- Energy, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Scaling Impact Investing Using Blockchain Technology
Most opportunities empower socio-environmental causes in developing or underdeveloped nations where typically there are no standards and norms to regulate this sector. This creates transparency challenges for investors who lack visibility into how their patient capital is being used (or potentially misused).
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- Investing
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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
- Tags
- blockchain
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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
- Tags
- blockchain, startups
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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, regulations
