Blockchain Association of Canada: A New Vision Beyond Bitcoin
Interest in blockchain technologies in Canada is growing rapidly as new fintech startups and blockchain ventures are launched and governments indicate they are interested in the possibility of Canada becoming a global fintech/blockchain hub. Even the central Bank of Canada is getting in on the act conducting experiments with blockchain technology and....
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Bank of Canada is seriously looking into blockchain technology. At the same time, the Canadian payment ecosystem is expected to see some changes in the coming months. Speaking of alternative currency and technology associated with it, the bank of Canada is looking into the use of blockchain technology seriously. The new came out recently after the Senior Deputy Governor of the Bank of Canada, Carolyn Wilkins mentioned that the central bank will be making use of the distributed ledger technology to test interbank payments. During the same session, Wilkins also made it clear that the country....
The trade group includes many of the industry’s biggest names among its members; director Kristin Smith calls them “a great group to help steer the success of this enterprise.” United States-based trade group Blockchain Association announced Monday that it had formed a political action committee, to be called BA PAC, thus joining an industry trend to attempt to exert greater influence on candidates as they approach the midterm elections in November.The Blockchain Association, founded in 2019, has 90 members, according to its website, which include many of the leading names in the industry.....
A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove obstacles challenging its members while facilitating the implementation of blockchain technology in the sanctioned nation’s economy. Industry Association to Address Blockchain-Related Challenges in Iran The newly-established Iran Blockchain and Cryptocurrency Association (IBCA) has started operating under the supervision of Iran Chamber of Commerce, Industries, Mining and Agriculture (ICCIMA), the English-language....
In the first part of this series, we discussed the Bitcoin Alliance of Canada, a Bitcoin association focused on the needs of Canadian users that has seen rapid growth since it was originally founded in April this year. The Bitcoin Alliance of Canada's main distinguishing feature is its highly democratic organizational structure; unlike most other national organizations, the board of directors was chosen by a selection committee that anyone in Canada had the opportunity to participate in. In the first part of this series, we talked about what the Alliance is, how it was formed and what....
Sector data has found that FinTech funding in Canada reached an all-time high last year in twenty years despite slow funding in the U.S. FinTech market. According to PitchBook, which is used by the U.S.-based National Venture Capital Association, funding in the sector in Canada reached $137.7 million last year compared to $21.8 million five years ago and just $7.3 million in 2000, reports Reuters. Last June, the Bank of Canada announced that it sees the potential in FinTech as it can help to ensure a smooth evolution to tomorrow’s financial system. Speaking to Payments Canada in Calgary,....