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China Using Blockchain Power to Boost Post-COVID 19 Tourism


The GuanYin of Nanshan statue in Hainan. The Chinese island province of Hainan wants to use a blockchain technology-powered “points” program to boost tourism to the region. The project will operate alongside a recent project that will see Hainan create the nation’s first blockchain free trade...

Five Blockchain Use Cases Might Boost Global GDP by USD 1.76T - PwC


Driven by need for trust in digital world, blockchain technology is expected to boost global gross domestic product (GDP) by more than a trillion dollars, estimated professional services network PwC, and will do so through five major use cases. PwC's latest report, titled "Time for trust:...

South Korean MP Calls on Seoul to ‘Urgently’ Boost Crypto Innovation


Korean lion dog statue and the National Assembly building, Seoul. A politician has called on South Korea to “urgently” prioritize the development of crypto security technology – stating that blockchain-powered finance is now an inevitable reality for the country, and the rest of the world. Lee...

bitFlyer Links Japanese, European Platforms to ‘Boost Bitcoin Liquidity’


Japanese market-leading crypto exchange bitFlyer said it has linked its bitFlyer Europe operations with its domestic platform – allowing European traders to access bitcoin (BTC)-Japanese yen trading pairs in what it said is a “world-first.” “It’s cross-border trading,” tweeted bitFlyer CEO Yuzo...

UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years


The Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price...

The Sandbox and Harmony Partner to Boost Growth of Blockchain Gaming


Harmony has announced a strategic partnership with The Sandbox, a leading project in the blockchain gaming industry. Harmony believes in empowering gaming enthusiasts by providing them digital ownership of various game assets and developing economic incentives through the use of a business model...

DEX Volumes Receive Automated Market Makers Boost


The rapid development of automated market makers (AMMs) is one of the main forces driving the expansion of decentralized exchanges (DEXs), which surpassed 5% of total crypto exchange volume last month, per a new report. Over 90% of DEX volume is currently generated by AMMs, according to research...

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