The Financial Action Task Force (FATF) held its FATF Week and Plenary on 22-25 February (outcomes have been published online) officially approving a new guidance on the risk-based approach to supervision that complements a previous guidance for a risk-based approach…
In the last weeks, other 3 countries have announced immediate plans to introduce new biometric IDs: Belarus will start on April 30Ivory Coast has started delivering biometric national ID cards, in full compliance with the Biometric ID Card program of…
We have published a new blockchain explorer (codename Columbus) for the Testnet: Its more noteworthy feature is that you can now trace the evolution of an instance throughout the blockchain.
As we prognosticated before (“On the Coming Crackdown on Cryptocurrencies without Identity”), there is a growing number of countries tightening their Know-Your-Customer regulations: China requires identity verification with National IDs for all blockchain usersFrance will impose mandatory KYC for all…
Recently, two countries have started to introduce new national biometric identity cards: Morocco: the new “Carte Nationale d’Identité Electronique” (Identité Numerique) replaces the previous one, now with biometric photographs and NFC.Mexico: the Chamber of Deputies has approved a new “Cédula…
Now that our technology introduces the new capability of global airdrops (i.e., massive sending of crypto-currency/tokens to anyone in the world, this new feature not being available in other blockchains), some of you have already been asking for their practical…
Since the announcement of our Testnet, a number of countries have announced that they are or will issue new identity documents that could be used on our blockchain: National Identity Cards: Belgium, Croatia, Cyprus, France, Malta, Norway and Romania. Even…
Our mobile apps for Android and iOS have been updated with a new functionality that matches your digital photograph contained within your National Identity Card or Electronic Passport with a photograph taken with your smartphone: to prevent privacy issues, your…
The Financial Action Task Force (FATF) has published a 12-month review of the revised FATF standards on Virtual Assets and Virtual Asset Service Providers. Noteworthy statements from this review are as follows: 35 out of 54 reporting jurisdictions advised that…
Network effects are paramount in cryptocurrencies and blockchains, just like in telephone and social networks: the higher the number of users, the more valuable the networks are. Blockchain networks follow Metcalfe’s law and their variants (Reed, Sarnoff, Beckstrom, Odlyzko, Gompertz,…