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Weekly Roundup: Foundation Under Fire, Hartigan Remembered and Blockchain Unchained
NB's editors pay their respects to social entrepreneurship pioneer Pamela Hartigan, ponder the future of the Clinton Foundation, discuss blockchain technology's march toward the development sector mainstream, opine on Michael Bloomberg's new role with the World Health Organization, and wonder why, if everyone's talking about "rigorous research," no one is using it?
- Categories
- Health Care, Technology
- Tags
- blockchain, research
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World Economic Forum Examines How Blockchain Can Reshape Financial Services
On August 11, 2016, the World Economic Forum (WEF) released a 300-page report entitled The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services , exploring how the financial sector "could overcome current-state pain points through distributed ledger technology (DLT)."
- Categories
- Technology
- Tags
- blockchain, fintech
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Jack Ma takes on murky China charities in first blockchain foray
Chinese billionaire Jack Ma wants to pry the lid off China's opaque charities. Ant Financial, the affiliate of Alibaba Group Holding Ltd he controls, is using the technology behind bitcoin to record transactions and improve the accountability of the country's philanthropic organisations.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- blockchain, fintech, philanthropy
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Viewpoint: Blockchain Can Bring the Unbanked into the Global Economy
Many banks and financial entities envision the blockchain as delivering value to their customers in the form of reduced fees, faster funds transfers and simplified processes. Much less heralded, but potentially far more dramatic, is the transformational impact the blockchain could have on the world’s massive unbanked population.
- Categories
- Technology
- Tags
- blockchain
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Singapore Government Joins IBM to Create Blockchain Innovation Center
Computing giant IBM has revealed that the Singapore Economic Development Board (EDB) and the Monetary Authority of Singapore (MAS) are collaborating with it to establish its first Center for Blockchain Innovation in the country. The Innovation Center is expected to involve both global banks and fintech startups and to develop a number of technology pilots for the finance and trade industries, built on the Linux Foundation Hyperledger platform.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- blockchain, fintech
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How Rootstock is Using Bitcoin for Financial Inclusion
Ethereum has gained a lot of attention over the past few years due to the sci-fi-esque use cases of the technology that are often touted by its biggest supporters. As a platform forsmart contracts, Ethereum is often viewed as a revolutionary technology that could completely reshape how the world works through the use of decentralized autonomous organizations.
- Categories
- Technology
- Tags
- blockchain
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Bitcoin Still Not Ready for Prime Time, Citi Says
Bitcoin is essentially a successful proof-of-concept of a digital currency, states the report, written (like the others) by Keith Horowitz with contributions from Adrien Porter, Frieda Liao, and Michael Cronin. It’s not exactly meant as a compliment, because that is all the group is willing to credit to the cryptocurrency.
- Categories
- Technology
- Tags
- blockchain
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Infoteria and Tech Bureau complete microfinance sector’s first blockchain experiment
According to the press release, this attempt marks the first blockchain experiment in the micro-finance sector. Both companies successfully transferred loan and deposit account data from BC Finance, Myanmar's largest microfinance institution, to the Mijin private blockchain. The blockchain was hosted on Microsoft Azure for this test.
- Categories
- Technology
- Tags
- blockchain, microfinance
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