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John Kiff

The Future of Machine Money - 0 views

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    The Digital Euro Association (DEA) published a paper on the the potential of stablecoins in the European internet-of-things (IoT) and machine-to-machine (M2M) economies. The paper examines the benefits and drawbacks of M2M payments, provides industry use cases that highlight the potential benefits of stablecoin-enabled IoT and M2M payments, and discusses the need for further guidance from regulators to spur M2M payment growth.
John Kiff

New Cryptocurrency Backed Will Cater to 'Establishment' With Transparency - 0 views

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    Concordium's vision is to become the leading public and regulatory compliant open de-centralized world computer with Identity built-in at the Protocol level. Concordium offers secure, low-cost services for transactions, IoT data sharing, storage and more. It is a proof-of-stake-based blockchain which solves the shortcomings of classic blockchains and their non-compliant cryptocurrencies - with the introduction of protocol-level identity verification and the use of zero-knowledge proofs to replace anonymity with perfect privacy - and facilitate KYC and AML procedures for Concordium's Global Transaction Unit (GTU) payment coin. https://concordium.com/
John Kiff

EIB Investment Survey - Businesses are intending to increase digital technology use due... - 0 views

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    The latest European Investment bank (EIB) Investment Survey found that although 45% of firms intend to invest less than initially planned in the current financial year due to the coronavirus, they expected to increase in the use of digital technologies (50%). The survey results also show that while 37% of EU firms had not adopted any digital technology, this figure is only 27% in the United States. The areas where the US has a particularly notable edge are the use of IOT applications and drones. In addition, large firms are significantly more likely to have implemented digital technology compared to small and medium-sized enterprises (75% vs. 52%).
John Kiff

BIS, UN, Hong Kong Monetary Authority concludes tokenized green bonds trial - 0 views

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    The Bank for International Settlements (BIS), the Hong Kong Monetary Authority and the United Nations Climate Change Global Innovation Hub presented the results of their Genesis 2.0 initiative. The project aims to explore the use of blockchain, smart contracts and the Internet of Things (IoT) for a global environment cause. The project resulted in two prototypes of tokenized green bonds, developed by two separate international teams, which are "de facto verified carbon credits" recognized by either international, national or other verification mechanisms.
John Kiff

Cash And Car Keys Work Offline: This Means Digital Wallets Must Too - 0 views

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    "Digital cash, just like digital car keys, has to work offline. That is, I need to be able to get into my car and drive off where there is no mobile signal and I need to be able to buy milk if the internet is down or if the power is out at the grocery store. Fortunately, we have the technology and Apple and Google are building with it."
John Kiff

eSIM management to digitize processes - 0 views

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    The eSIM ecosystem offers an equivalent level of security and protection to that provided by the removable SIM card. The protocols are based on state-of-the-art cryptographic mechanisms and secure the privacy of the end user. A public key infrastructure (PKI) governed by the Global System for Mobile Communications Association (GSMA) provides a secure authentication of the entities of the ecosystem. Manufacturers or providers of eSIM solutions have to undergo GSMA certification in order to be admitted into the ecosystem.
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