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The post US Senate Pushes Defense Secretary To Adopt Blockchain For National Defense appeared first on Coinpedia Fintech News The United States Senate Committee on Armed Services has taken a significant step towards integrating advanced technology into national defense. The committee has directed Secretary of Defense Lloyd Austin to investigate potential applications of blockchain technology within the military. The directive issued on July 9, focuses particularly on enhancing supply chain management and strengthening national security. Secretary Austin is required to…

Avalanche is enabling major financial institutions to bring real-world assets on-chain with customized blockchain solutions. Institutional adoption of Avalanche’s network, including JPMorgan and ANZ, showcases its potential for transforming finance. Discussing the topic of bringing real-world asset (RWA) on-chain, Avalanche has led this revolution. By 2030, tokenized assets are expected to reach a startling $16.1 trillion, underscoring blockchain’s ability to completely change the financial scene. Tokenization 101: Institutions Leverage Avalanche to Test Merits of On-Chain Finance Bringing utility, efficiency and…

The coronavirus pandemic continues to ravage the global economy. Therefore, countries such as China and South Korea have instituted cash quarantines as strategic measures to mitigate its spread. This decision follows the World Health Organization (WHO) revelation that cash is a key medium for the virus'  transfer. Following The Trend Hungary is the most recent country to follow the trend. Local reports indicate that the country's central bank announced that it would be withdrawing billions of banknotes from circulation daily.…