Coronavirus has improved Digital Currency Adoption
Despite being infamous and making people suffer, COVID-19 seems to have boosted the adoption of digital currencies globally.
According to the European Central Bank (ECB) President, Christine Lagarde, the infamous COVID-19 has surprisingly yielded good results for digital currency adoption. It has in fact accelerated digital currency adoption which was observed in the European citizens’ pattern of spending.
A disaster for the world and a savior for the digital platforms
Due to the coronavirus pandemic, the need for digital contactless payments has surged according to ECB president as European have been using online platforms for shopping for food and other retail during the pandemic. She also adds that global payments have also rose dramatically since pandemic has pushed people to stay home and therefore, they would consequently do their tasks using online platforms.
The digitalization trend is surging now, it is improbable that it when the COVID-19 pandemic is over, the trend reverses.
According to a survey conducted in 17 of the European countries, the majority of the people consider carrying on with digital service as much as they are doing these days (the time of writing this article) or maybe more than this after the pandemic is over.
NFT and NFC tech to combine in digital postage stamps
The Austrian post intends to integrate near-field communication to its non-fungible token postage stamps. ...
MAY 27, 2021
SDK is Polygon’s new tool to deploy Ethereum-compatible standalone chains
To empower themselves to build Ethereum-compatible standalone chains and layer-two protocols, the Polygon team is going to launch SDK or software development ki ...
MAY 26, 2021
Whales accumulate 122.5K BTC while crypto market is a bloodbath
Last week, the market experienced a collapse and the whole market suffered except for some big holders who bought the dip and added 122.5K BTC to their portfoli ...
MAY 23, 2021
Bitcoin mining yields in Iran may exceed $1B annually
Bitcoin has turned into a way of bypassing the oil sanction by the Iranian government and a payment method for their imports. ...
MAY 21, 2021