Denmark proposes use of blockchain in fight against corruption
Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption. Go to Source Powered by WPeMatico
Corruption
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Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says. Go to Source Powered by WPeMatico
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India. The news site reports that the value of transactions … Read more
WEF Hopes to Stamp Out Corruption With Colombian Blockchain Trial
The World Economic Forum looks at blockchain as a solution against foul play in government processes. Go to Source Powered by WPeMatico
Ukraine’s Officials Will Need to Report Crypto as ‘Intangible Assets’
Ukrainian officials must report crypto holdings as part of national anti-corruption measures Go to Source Powered by WPeMatico
Philippine Cryptocurrency Regulator Accused of Misappropriating Millions
A Philippine crypto regulator is accused of misappropriating funds and funneling them into his family members’ electoral campaigns Go to Source Powered by WPeMatico
Another Chinese Lender Bailed Out After Bank Run
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble … Read more
Overstock Subsidiary to Help Liberia Digitize Services, Boost Economy with Blockchain
Overstock subsidiary Medici Land Governance has signed a memorandum of understanding with Liberia to help the African nation digitize government services Go to Source Powered by WPeMatico
Autodesk CEO: Blockchain Can Stem Corruption in Construction Industry
Autodesk CEO Andrew Anagnost said that blockchain technology could promote greater trust in the construction industry Go to Source Powered by WPeMatico
The “Fapiao” Case: How China Is Fighting Corruption With Blockchain
China has turned to blockchain to to more clearly keep track of official invoices, putting an end to established corruption schemes Go to Source Powered by WPeMatico
