Blockchain

Bahamas Central Bank makes progress with Sand Dollar CBDC

May 8, 2021

by Editor

113
The Governor of the Central Bank of the Bahamas, John Rolle, provided an update on the rollout of the sand dollar, the Bahamas’ central bank digital currency, which went LIVE in October last year. The goals of digital currency are to encourage financial inclusion, modernize the payment system, and in...

MUFG, Akamai started blockchain payment network – GO- NET

May 8, 2021

by Editor

129
The high-speed payment network GO-NET (Global Open Network), which uses blockchain, has launched its first service to link payment service providers. GO-NET was revealed in early 2019 as a joint venture between Japan’s MUFG (80 percent) and Akamai, a technology partner. While it collaborates with Vis...

Japan Bank starts CBDC Trial of Digital Yen

May 8, 2021

by Editor

120
The Bank of Japan (BoJ) has announced that central bank digital currency (CBDC) trials have begun. The goal of the first step, Proof of Concept (PoC), which will run from March 2022 to March 2023, is to investigate the technical feasibility of a digital yen. The central bank has yet to decide whether or not

XRP Hits High Price Due to Ether Rally

May 8, 2021

by Editor

123
The cryptocurrency in Ripple Labs’ payments network, XRP (-0.89% ), is rallying on the heels of altcoin king ether (ETH, +10.6 per cent), hitting new peaks. XRP reached a high of $0.72 early Monday, the highest level since February 2, and was last seen trading around $0.70 The increase comes three da...
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