Tag: Pandemic

Binance Shelters Against Job Losses During Global Pandemic

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While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees. Binance, the world’s largest cryptocurrency exchange, has just announced that it is seeking to hire more than 100 new employees, despite the ongoing economic downturn. In an April 3 tweet, Binance invited people around the world to build a career in the Blockchain space, offering a crucial opportunity to “work from home” as…

Coronavirus Pandemic Reminds Us That Security Is Important During the Zoom Boom

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Even with all the looming uncertainty surrounding the global COVID-19 pandemic, system security needs to remain at the forefront of companies’ planning.  Businesses around the world are shutting down under local, state or national decrees as COVID-19 fears bring caution regarding public gatherings. Unsurprisingly, hackers have used the unprecedented opportunity of chaos and panic to probe weaknesses in information technology systems. One of those systems happened to be the United States Department of Health and Human Services, making the act even more egregious, considering the circumstances. But the problem extends…

The Need to Report Carbon Emissions Amid the Coronavirus Pandemic

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JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report titled “Banking on Climate Change.” The bank recently joined a chorus of other financial institutions and endowments that have declared that they will, going forward, be reluctant to provide funding to the fossil fuel industry — which energizes emerging digital technologies and companies — in order to mitigate the effects of climate change.…

Dutch Govt to Embrace Blockchain in Fight Against Pandemic

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A consortium of Dutch companies has launched the “Tech against Corona” initiative. Participating firms will freely provide the Dutch government with access to innovative technologies that can be used in the fight against COVID-19. Netherlands-based distributed ledger technology (DLT) firm, Tymlez, is one of more than 10 companies who are freely providing their services and technologies to the government. Tymlez’ blockchain platform to bring transparency to medical supply chain Tymlez has offered its blockchain platform as the underlying technology to “model the medical goods ecosystem through a platform that matches…

Will China Launch its Blockchain Service Network Amid the COVID-19 Pandemic?

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Numerous cryptocurrency media outlets have published recent reports asserting that China’s Blockchain Service Network will launch in April 2020. However, these predictions appear to be based on local reports published prior to China’s first official fatality resulting from COVID-19. China’s Blockchain Service Network commences testing in October 2019 On October 15, 2019, Chinese state-operated media outlet, Xinhua news, reported that the country’s Blockchain Service Network, or BSN, had commenced testing. The project’s six-month internal testing phase was initially scheduled to finish at the end of March 2020. The development of…

NOvid 2020: American Scientist Pushes for Blockchain to Secure Mobile Citizen Data and Build Payment Platform For Addressing Pandemic And Economic Crisis

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Sharing is caring! by John Henry Clippinger, It takes a blunt existential crisis to redress systemic societal and economic failings. We are at such a moment with the epic storm of global health and economic crisis compounded by inept and regressive leadership. These failures will not be redressed by traditional means.  These challenges also present a singular opportunity to catalyze a new ecological, social and economic contract for the 21st century.  As data are the new currency of the digital realm, there is the real prospect of resetting foundational rights…

Ripple Labs Donates $200k to Combat COVID-19 Pandemic

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Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S. In a tweet published on Ripple’s official profile, the lab stated that $100,000 will go to the Tipping Point Emergency’s Response Fund and the Silicon Valley Community Foundation’s COVID Regional Response Fund, respectively. California’s non-profits favored by the Ripple Labs donation Tipping Point, which is a San Francisco-based non-profit organization, works to combat poverty in the California city thanks…

Michael Terpin’s BitAngels Launches Virtual Events to Connect Blockchain Community Amidst Global Coronavirus Pandemic

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Michael Terpin‘s global network of cryptocurrency investors is helping to grow the blockchain ecosystem through community events is kicking off BitAngels Virtual Events. During the pandemic, this network of cryptocurrency and blockchain participants will now remain connected and engaged in a virtual online environment, as the Coronavirus pandemic prevents in-person gatherings. ~ advertisement ~ Currently, the global community of BitAngels members already has 15 city chapters in multiple countries. “In the best interest of BitAngels chapters worldwide, we’re putting in-person meetings on hiatus and returning to our roots as a…

Michael Terpin’s BitAngels Launches Virtual Events to Connect Blockchain Community Amidst Global Coronavirus Pandemic

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Michael Terpin‘s global network of cryptocurrency investors is helping to grow the blockchain ecosystem through community events is kicking off BitAngels Virtual Events. During the pandemic, this network of cryptocurrency and blockchain participants will now remain connected and engaged in a virtual online environment, as the Coronavirus pandemic prevents in-person gatherings. Currently, the global community of BitAngels members already has 15 city chapters in multiple countries. “In the best interest of BitAngels chapters worldwide, we’re putting in-person meetings on hiatus and returning to our roots as a virtual network founded…

Crypto Conferences Finding Ways to Adapt Amid Coronavirus Pandemic

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The number of coronavirus cases worldwide is rapidly getting close to 400,000, with many industries and businesses affected around the world. The crypto market has been no exception. Bitcoin’s (BTC) price initially reacted with a 50% drop; blockchain companies began to suggest that their employees working remotely; and crypto conferences have been either canceled or postponed. While some conferences report poor attendance and mass dropouts from panelists, others have found success in a virtual format. Crypto conference organizers and speakers shared with Cointelegraph the latest insights on what is happening…