Tag Archives: central bank

South Africa’s Central Bank Wins Award for its Ethereum Payments Blockchain

Central Banking, a global central banking forum, has bestowed its FinTech & RegTech Award for Best Distributed Ledger Initiative to South Africa’s central bank for its successful Project Khokha, which successfully used an Ethereum blockchain platform to process interbank payments and settlements. Continue reading South Africa’s Central Bank Wins Award for its Ethereum Payments Blockchain

Nikola Telsa Unite Ltd, Empowering Communities Globally

Nikola Tesla is remembered as a brilliant, world-changing inventor who famously developed the Tesla coil, the alternating current electrical system, rotating magnetic field, and countless other concepts that were left unfinished at the time of his death. An inventor ahead of his time whose philosophy was to bring his life altering inventions to be used by, and benefit, everyone globally. Continue reading Nikola Telsa Unite Ltd, Empowering Communities Globally

Bank of Korea Hints at Issuing a Central Bank Digital Currency

The Bank of Korea is set to announce details of an ongoing study into cryptocurrencies next month that includes a plan exploring the possibility of issuing a central bank digital currency (CBDC). In a statement on Wednesday, the Bank of Korea confirmed it was in the “early stages” of studying cryptocurrencies and the implications of issuing them as a central bank, the Korea Times reported. Continue reading Bank of Korea Hints at Issuing a Central Bank Digital Currency