The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry groups to improve regulations.
Powered by WPeMatico
Auto Added by WPeMatico
The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry groups to improve regulations.
Powered by WPeMatico
In today’s Bitcoin in Brief we cover a recent announcement by a leading European crypto exchange – Bitpanda is adding two new coins, IOTA and Komodo. While on the Old Continent, Microsoft has immersed a whole data center off the coast of Scotland. And in Japan, a startup uses artificial intelligence, augmented reality and blockchain […]
The post Bitcoin in Brief Friday: Bitpanda Offers New Coins, Microsoft Dips Data Center in the Sea appeared first on Bitcoin News.
Powered by WPeMatico
SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly.
The cross-borders e-commerce payment space today is far from perfect. Firstly, transaction costs and time - especially for cross-border payments - are excessive and inefficient. Secondly, there is no fully transparent and tamper-free reputation systems to assess the trustworthiness of buyers and sellers. Card fraud, which remains as a main concern for online retailers, is costing online retail merchants billions of dollars today and is expected to rise to US$31.7 billion by 2020. Lastly, there is selective and deliberate exclusion from our financial systems today. This is especially prevalent and obvious in Southeast Asia (SEA): 73% of the 600 million SEA residents have no formal access to financial institutions.
The post PR: Rate3 Wants to Empower a Truly Global Payment and E-Commerce Network by Making It Fair, Transparent and Cheap appeared first on Bitcoin News.
Powered by WPeMatico