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Sreedevi Prashanth



Articles by Sreedevi Prashanth

France to Include Bitcoin Literacy in High School Curriculum

November 5, 2019

High school students in France will have an opportunity to gain basic knowledge of workings of blockchain and virtual currencies in the framework of their everyday studies.The French education ministry, Le Ministère de l’Éducation Nationale, is said to include Bitcoin and cryptocurrencies in the high school syllabus. Such a move is expected to help students understand the benefits of decentralized currency and its influence on mainstream financial systems.Bitcoin will be added to Economics and Social Sciences syllabus. The course is aimed at shaping a clear understanding of how traditional money functions and its various forms; how banks help in money creation and the role of central banks in controlling money supply and interest rate policy.After finishing the course, students should be

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AI and Blockchain to Revolutionize Warfare, Says Indian Defense Minister

November 4, 2019

Today most of the weapons are software-based and intricately networked. As IoT and cloud computing, as well as connectivity, have increased, hard to detect cyber threats have evolved. Cybersecurity is even more critical in military-dedicated networks. The challenge in the information age is to repeal attacks from multiple sources, proactively react and prepare for any contingencies.Modern warfare will include new technologies like Artificial Intelligence (AI), blockchain and big data as threats emerge from cyberspace. It has been recently said by Indian Defense Minister, Rajnath Singh. These technologies have enough potential to prevent hackers and terrorists from attacking military networks, including aircraft and satellites.According to KPMG Canada, blockchain can offer useful

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Samsung Adds Elrond Token to its Blockchain Wallet

November 1, 2019

Photo: SamsungSamsung has announced that it is expanding the range of coins available in its blockchain wallet. It has added new token Elrond (ERD) to ensure secure and faster payments using this crypto.Samsung Galaxy S10 device is able to automatically generate a blockchain wallet for users, allowing them to store and use numerous cryptocurrencies (earlier their number was 33). This wallet is created to allow users to make transactions in cryptos and easily access DApps from their smartphones. Among many other coins, the wallet supports the major cryptocurrencies Bitcoin (BTC) and Ether (ETH).The most recently added, as it has been mentioned above, is Elrond (ERD). The partnership is mutually beneficial as Samsung users will get easy access to the token and dApps built on the Elrond

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XRP is 10X Safer than Fiat for Cross-Border Payments

November 1, 2019

Ripple‘s XRapid system is 10 times safer and is only one-tenth volatile if compared fiat for making international payments. Fiat cannot compete with XRP’s speed and security.Ripple is a real-time gross settlement system and a form of currency exchange. Banks and financial institutions have the cryptocurrency XRP which is used in a row of Ripple’s solutions, as a settlement infrastructure technology. Payments done using it are irreversible, and there are no chargebacks.In its study Ripple analyzed huge data to conclude why XRP should be perceived as a more appropriate and promising option for cross-border transactions if compared with fiat currencies that still dominate this industry. Ripple’s study compares a typical wire transfer between U.S. dollars and Mexican pesos. Ripple acquired a

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3iQ to Launch Closed-End Bitcoin Fund for Retail Investors in Canada

October 31, 2019

Photo: 3iQ Corp / Twitter3iQ Corp (3iQ), Canadian investment fund manager received approval from the Ontario Securities Commission (OSC) to launch a closed-end Bitcoin fund to retail investors. OSC panel has not placed any conditions on the Bitcoin fund, such as restricting the entities with whom the fund could purchase and sell Bitcoin, and addressing insurance requirements for the fund’s bitcoin held in wallets.3iQ has taken reasonable steps to mitigate the risks associated with the fund and the Bitcoin markets through the structure of the fund and the use of professional and qualified third-party service providers. 3iQ has said that custody, audit, purchases and pricing would be secure and compliant with existing regulations.The net asset value of Bitcoin Fund’s units would be

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