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Tunisia Aiming to Be the Leader in Blockchain Technology

According to the Asia Times report, the country's central bank is aiming to be a pioneer in Tunisia's blockchain practices while investigating the use of technology for a national digital dinar.

Banque Centrale Tunisienne (BCT) and newly-appointed governor Marouane El Abassi is currently working with Walid Driss, the founder and CEO of DigitUS Tech, a Tunit based company. The Tunisian central bank established a working group to study the block-chaining, digital payments and crypto-currencies in which Abassi and Driss served as founding members.

Abassi and Driss, a central bank based on block chain, said the digital currency could fight money laundering, could reduce the country's gray economy, and at the same time strengthen women and weak sectors.

Driss has previously helped La Poste Tunisienne, the postal service of the North African country, to launch a block-chain based digital payment system called DigiCash.

Tunisia's blockchain technology follows the footsteps of other countries that want to take advantage of blockchain technology to become cashless economies. The Swedish central bank (Sveriges Riksbank) is investigating a block chain-based bank e-crown ıyla to serve in the form of money given by an alternative central bank with the reduction in the use of cash in the country. Almost 90% of financial transactions in Sweden are already cashless. Similarly, neighboring Finland estimates that by 2029 it will become completely cashless.

In the Caribbean, the Central Bank of the Eastern Caribbean is investigating the appropriateness of a distributed notebook technology (DLT) based Eastern Caribbean currency to pursue various goals, such as economic growth, flexibility of payments system and financial inclusion.

According to the report by the International Settlements Bank (BIS) in Basel, Switzerland, published in January 2019, at least 40 central banks around the world are currently or will be conducting research and experiences with the central bank digital currency (CBDC) and other applications the Blockcha

A new research report published by the World Economic Forum claims that central banks are particularly interested in potential customers in their digital clients (KYC) and anti-money laundering (AML) processes, trade finance, bond auction, etc., as well as other use cases. other life cycle processes, exchange of information and data sharing, interbank payments and agreements.

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph