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Social credit: the dark side of blockchain

As much as I believe that blockchain technology has the potential to solve many of the problems humanity faces today, I also fear what can happen if blockchain technology is used to take away the privacy and rights of individuals, wrote technology executive and former hacker Trent Lapinski in an

It’s the FinTech Era

FinTech is becoming increasingly important. People in the developed world are already familiar with its ever growing existence. But in Bangladesh it is still quite obscure as a concept, even though we, too, benefit from it. This is a good time to get more familiar with the term FinTech and

Blockchain set to power Asian farming sector

After scanning a barcode at Indonesian coffee chain Blue Korintji Coffee, paying customers can identify the farmer who grew their coffee, the company that roasted the beans and even the logistics involved, Nikkei Asian Review reported. Powered by blockchain, modern technology’s answer to establishing trust among an otherwise unconnected group, the

Blockchain: Puzzle Solved

Ali Kamran Al Zahid Blockchain’ is a computer application based on Distributed Ledger Technology (DLT) and got the attention for being behind the cryptocurrency ‘Bitcoin’. DLT is a recent innovation and possess characteristics to be able to emerge as a better alternative to the existing centralized record keeping technique. Distributed

Blockchain: Trendy Tech in Banking

Md. Manjur Hossain One of the most talked about topics nowadays is ‘blockchain’, a trendy technology in financial service industry. This technology, if completely adopted, will facilitate banks to process payments quicker and more accurately while plummeting transaction processing costs and the requirement for exceptions. However, banks need to build

In Pursuance of State of the Art Technologies to Enrich Life

Kona Software Lab Ltd is the 2nd largest R&D center and global business solution wings of KONA I. It manufactures smart card, develops various state-of-the-art payment and security solutions for global & local partners & clients. Kona Software Lab Ltd is relentlessly working to further improve its product and solutions. In

Key takeaways from SFF-the world’s largest Fintech festival

How can the power of finance and technology be harnessed to create a greener world and, in particular, a greener financial system, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), asked a packed house during the Singapore Fintech Festival’s opening ceremony. “Fintech must have a larger purpose,

Data Analytics Can Transform Bangladeshi Organizations

eGeneration Ltd., one of the leading IT and tech investment companies in Bangladesh and Microsoft jointly organized a roundtable titled “Digital First- Modern Workplace: Engaged Customers, Empowered Employees and Optimized Operations” on Sunday evening at The Westin Dhaka to lead the discussion and embrace strategies around generating workplace insights using

Digital Technologies Can Facilitate Access to Trade Finance in Asia-Pacific Region

Financial technologies, such as blockchain and artificial intelligence, can enhance the efficiency and availability of trade finance, especially for small and medium-sized enterprises (SMEs) in the Asia and Pacific region, according to a report of ADB and ESCAP. Asian Development Bank (ADB) and the United Nations Economic and Social Commission for

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