The financial technology (fintech) sector has witnessed rapid growth, driven by innovations that aim to streamline and secure financial transactions. Among these advancements, blockchain technology has emerged as a...
The Securities and Exchange Commission has said that it is exploring blockchain technology to boost trust and transparency in the capital market. The Director-General of the SEC, Dr Emomotimi...
The PayPal USD (PYUSD) stablecoin now uses LayerZero’s Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and...
VentureX, a venture capital firm established in 2023, is reshaping cryptocurrency investment in Europe through the launch of its new AI-powered blockchain investment platform. Leveraging cutting-edge technology, VentureX supports...
The government of Zanzibar has launched a national blockchain sandbox for tech startups for the development of solutions in different areas including financial inclusion, identity verification and decentralized infrastructure....
Morocco has decided to follow fellow African countries in exploring emerging technologies to revitalize its digital economy, investing over $1 billion in artificial intelligence (AI) and blockchain, while on...
In a bid to enhance transparency and curb corruption in the public service, Guinea-Bissau has adopted the use of blockchain technology to manage wage expenditures for civil servants. Officials...
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology,...
The United Nations Development Programme (UNDP) has partnered with Swiss-based blockchain technology powerhouse the DFINITY Foundation to enhance financial inclusion for MSMEs. UNDP announced the partnership in a press...
The concept of tokenization is gaining unprecedented momentum, promising to revolutionize the payments industry. Insights from McKinsey and Deloitte highlight the profound potential of tokenizing assets, transitioning from pilot...