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Blockchain in Energy Market to Growth, Trends and Forecast 2018 – 2026

Albany, NY — (SBWIRE) — 02/15/2019 — Introduction: Blockchain is a decentralized ledger technology that can be applied to the energy sector. In the energy sector, blockchain enables the trading of energy. Blockchain is expected to enable a fundamental shift in the distribution of energy. Blockchain technology, when attached to a crypto currency, allows public members to trade freely and ...

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Economist fingers banking crisis for cedi fall

Economist, Dr Lord Mensah, has cited the banking sector challenges that culminated in the liquidation of some banks as a factor in the cedi’s current depreciation. He explained that the collapse of seven banks within a two-year period has shaken the confidence depositors who are now resorting to the use of foreign currencies like the dollar as a store of value. ...

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Iran faces a long road before using blockchain to evade US sanctions

The Islamic Republic of Iran has a long way to go before it’s ready to launch a national cryptocurrency. Tehran’s central bank has that ambition, but the effort remains at the experimental stage. Some recent media reports claim that Iran has “launched” a state cryptocurrency based on gold called the Peyman. What really is happening, however, is less dramatic. It ...

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