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The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) has introduced the experimental PArSEC platform. PArSEC — short for “parallelized architecture for scalably executing smart contracts” — is open source and developed with central bank digital currency (CBDC) in mind. The developers highlighted the platform’s speed. It performed 118,000 ERC-20 transactions per second on
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© Reuters. The Web3 ecosystem could become the next golden opportunity for digital marketers, with almost 200 companies already thinking deeply about how to utilize the Web3 tech stack. On July 25, Web3 marketing analytics firm Safary released a comprehensive report titled “The Web3 Growth Landscape 2023.”Market map showing 180+ teams building Web3 growth tools
The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the digital age, several emerging trends are reshaping the financial services landscape. This article will explore five key digital finance trends that readers should be aware of. The delivery of financial services is being
As the pilot program for China’s central bank digital currency (CBDC) — the digital yuan — takes off, Chinese business travelers will reportedly be able to pay for flight tickets using the CBDC. A collaboration between the China Merchants Bank and the Civil Aviation Administration of China led to the introduction of a digital yuan
The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the digital age, several emerging trends are reshaping the financial services landscape. This article will explore five key digital finance trends that readers should be aware of. The delivery of financial services is being
© Reuters. FILE PHOTO: Governor of the Peoples Bank of China, Yi Gang speaks to the media at the Peterson Institute for International Economics, (PIIE), in Washington, D.C., U.S. April 15, 2023. REUTERS/Ken Cedeno USD/CNY -0.69% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio