Article: How Cryptocurrencies Can Reduce Poverty in Developing Countries

Civil Society, Crypto, Money

How Cryptocurrencies Can Reduce Poverty in Developing Countries

Cryptocurrencies have proven to be the most secure, transparent, and adequate financial tool realized in the modern age. It eliminates significant challenges presented by local currencies and, as a result, continues to improve the global economy.

Developing countries share one common challenge, and that is fraud. With the aid of digital currencies, trust and security for financial investments get restored, and in the long run, the global economy develops. As proven from this article, using cryptocurrencies in developing countries is very advantageous in boosting their economy.

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Article: How can businesses use edge computing effectively?

Cloud, Data, Software

How can businesses use edge computing effectively?

The deployment of edge computing has been going strongly in neighboring markets, according to the report. 79 percent of surveyed institutions in Indonesia have applied edge computing, or have understanding about edge computing. Many of them have been applying edge solutions for advanced projects as well.

Meanwhile, Thai businesses plan to step up the use of edge computing in the next 24 months for customers’ experience-oriented projects.

TRA’s report confirmed the superiority of the positive effects of these solutions. As much as 72 percent surveyed subjects recognized the benefits of the solution in minimizing IT costs, 46 percent found efficiency in minimizing operation costs, and 34 percent found efficiency in increasing customers’ satisfaction.

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Article: Vietnam Education Ministry Moves to Blockchain for Diplomas

Blockchain, Innovation

Vietnam Education Ministry Moves to Blockchain for Diplomas

The Ministry of Education and Training of Vietnam will be uploading its high school and university diplomas onto a blockchain, its partner TomoChain announced on November 18, 2020.

The move includes a trial run over 2020-2021, including secondary and tertiary education diplomas for over 1.5 million students, and then adding previously existing degrees held.

Students graduating with other types of diplomas under the ministry’s umbrella will also be included.

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