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xxx Bluford Putnam, chief economist and managing director of CME Group, believes bitcoin is an “emerging competitor” to gold. In a CME-presented explainer video posted by Bloomberg on Wednesday, Putnam said the yellow metal’s ongoing production, likely to increase in 2021, contrasts with bitcoin (BTC, +0.55%)‘s fixed supply. The World Gold Council estimates roughly 197,576Continue reading “Bitcoin an ‘Emerging Competitor’ to Gold, Says CME’s Chief Economist – CoinDesk”

xxx British Airways has announced a new trial of the Verifly health passport app, allowing customers to verify Covid-19 test certificates before they leave home for their flights. From British Airways to trial Verifly digital health passport – Business Traveller: xxx

xxx Today at the virtual World Economic Forum, leading Chinese economist Zhu Min, Chairman of China’s National Institute of Financial Research at Tsinghua University, former Deputy Managing Director at the IMF and former Deputy Governor at the People’s Bank of China, said he believes that the central bank digital currency (CBDC) will be used across borders,Continue reading “WEF: China says digital yuan doesn’t aim to challenge dollar – Ledger Insights – enterprise blockchain”

xxx The possibility of such a trust dynamic shows that the current discourse of Blockchain replacing trust by means of technology, is too simplistic. At best it will replace some forms of trust by other forms of trust From Frontiers | Blockchain Applications and Institutional Trust | Blockchain. xxx

xxx However, blockchain technology offers a solution to this challenge. Blockchain – in combination with technologies like Near-Field Communications (NFC) and Internet of Things (IoT) – provides an indisputable record of the truth that is uniquely capable of showing Millennial consumers that the goods they buy benefit everyone involved in their production. From Can blockchainContinue reading “POST Luxury and ledgers”

xxx The bank’s corporate and SME customers can request for DBS’ confirmation to verify their financial positions and balances digitally. The solution replaces manual workflows between customers, auditors and banks, with all documentation received, reviewed and processed digitally From DBS Rolls Out Digitalised Audit Confirmation Solution for Corporate and SME Customers | Fintech Singapore: TheyContinue reading “POST Simple stuff”

xxx Premier Su Tseng-chang (蘇貞昌) pointed out that as attacks by international hackers are growing more sophisticated, he had agreed with the Ministry of the Interior’s proposal to suspend the launch of the digital cards. The eID was designed to combine the functions of current identity cards with Citizen Digital Certificates, allowing holders to accessContinue reading “Taiwan suspends digital ID project amid safety concerns | Taiwan News | 2021/01/21”

xxx The 6AMLD will further expand on the number of crimes that are categorised as money laundering. ‘Aiding and abetting’ now falls under the money laundering bracket and enforces the same criminal punishment as money laundering. From 6th Anti-Money Laundering Directive (6AMLD): Biggest Changes | Emerging Payments UK: xxx

xxx MORRISONS shoppers have complained of issues paying for their shopping at many stores across the country. Some customers were left unable to pay for their food shop with a card or use contactless payments. From Morrisons shoppers unable to pay for food with card or contactless due to payment issues: xxx Morrisons shoppers unableContinue reading “Morrisons shoppers unable to pay for food with card or contactless due to payment issues”

xxx Luis Corrons, a security expert with cyber firm Avast, said the company has seen an uptick in QR code scams since COVID-19 brought the nascent technology back into the spotlight. From Beware of dodgy QR codes | Information Age | ACS: xxx