The Pandemic Is Prompting Asian Countries to Adopt Blockchain

The Corona pandemic prompted many Asian countries to adopt blockchain technology to secure their data via the Internet against hackers and cyber thieves, according to a report from the Nikkei Asian Review. This increase in adoption comes as The Business Research Company said the global blockchain market is expected to hit $15.88 billion in 2023….

Financial Crisis Continues to Threaten Antwerp Diamond Industry

Antwerp traded a total of €33 billion in cut and uncut diamonds in 2019, 20% less than in 2018, and a figure reminiscent of the levels last seen in the financial crisis years of 2009-2010. The AWDC says it foresees no improvement this year, but recovery should be expected in 2021. Antwerp is not alone….

Gold Is The Third Most Popular Investment

People have confidence in the investment potential of gold but there are certain elements of mistrust as well that are acting as a barrier even as the yellow metal Gold is the third-most popular investment choice among retail investors, according to the latest consumer survey by the World Gold Council. “Gold is the third-most consistently…

The Fusion Energy Dream Is Inching Towards Reality

After decades of disappointingly slow but steady progress, the race for fusion energy dream is now fully on, with governments, scientific institutions and private enterprises pouring billions of dollars into this potentially world-altering technology. Fusion is the process that occurs in stars, such as our sun, when hydrogen atoms fuse together, producing helium — and…

Blockchain Recruitment Platform Libereka Launched

The world’s first blockchain platform for international student recruitment has been launched by UK-based tech startup Education Index. The Libereka platform enables international students to apply to multiple universities and accept scholarships with one application form and one set of documents. Chief executive of Education Index Soumik Ganguly, who formerly worked as head of digital…

Iran Lines Up a New Cryptocurrency Backed by Gold

Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The…

China’s Hydrogen Economy Is On The Way

There was little excitement in the air when China‘s State Council convened a press conference on March 15 to announce and explain 83 revisions to the annual Government Work Report. A few equity investors paid attention anyway. Among the revisions was a proposal to promote the development and construction of fueling stations for hydrogen fuel-cell…

India’s Federal Bank Teams Up With Ripple For International Payments

As of early January 2019, Ripple had announced that it surpassed 200 partners as it adds 13 financial institutions as customers for its payment network, RippleNet. Ripple consolidating traditional financial markets is an interesting use case for blockchain for the real world. Federal Bank in India has partnered with blockchain payments company Ripple to facilitate…

Lessons For Forever – Jim Rogers

One of the most dangerous things you can do as an investor is to make money – because of what you might do next. And… has the world’s debt been put to good use? It doesn’t seem that way. Those are a few of the messages of legendary investor (and fellow Singapore resident) Jim Rogers,…

Future of Science Fiction in China – Cixin Liu

“I’m so tired of the future.” It was late in the day at the Tsinghua University Art Museum, and I was getting whiny. My boyfriend and an acquaintance thumbed through some catalogues near the exit and managed to ignore me. We had reached the end of an exhibition of architectural models from the firm Foster…

US Oil Vanishing From Chinese Tariffs Reveals America’s Clout

The removal of US oil crude from goods targeted by Chinese tariffs is a sign that America has become too big to ignore in the oil market. Less than two months after threatening to impose levies on imports of U.S. crude, the world’s biggest oil buyer has now spared the commodity. Only fuels such as…

China’s Payment Apps Give U.S. Bankers Nightmares

Wandering the streets of Shanghai to admire the architecture, the head of one of the largest U.S. consumer banks recently found himself surrounded by a gaggle of teenagers. Entranced by their phones, they hardly made way for the banker. The teens were messaging, shopping and sending money back and forth, all without cash. Instead, they…