Nigeria’s CBDC pilot is now the second largest behind China’s digital yuan, and aims to digitise payments and increase financial inclusion in Africa's most populous country.
Some overseas signatories in particular are worried about the impact of the changes in nations with different legal systems, including some already hosting heated fights over encryption and privacy.
Outlined below is an examination of how central bank digital currencies could resemble and differ from cryptocurrencies and "stablecoin" projects like Facebook-backed Diem.
The pandemic has opened the door to greater adoption of dynamic digital ID systems. Governments must now find a way to deliver on its transformational potential.
In a quick turn-around, WhatsApp claims that user concerns are based on misinformation while failing to address its past history of sharing data with Facebook
Journalists were told that WhatsApp groups of President Erdogan's media office and defence ministry will be moved to local messaging app BiP after January 11 and the new group will serve as the main channel for public announcements.
Wednesday’s lawsuits in the US against Facebook’s market power are the latest escalation in the battle between regulators and tech giants that could reshape the social media industry.
Twitter had sued the Justice Department in its battle with federal agencies as the internet industry’s self-described champion of free speech seeking the right to reveal the extent of US government surveillance.
The company is facing a backlash from users worried about the lack of end-to-end encryption of meeting sessions and “zoombombing”, where uninvited guests crash into meetings.
Health officials eyeing possibility of using smartphones to ascertain with whom someone diagnosed with Covid-19 has been in contact.
Like the detection of traffic jams on Google Maps, the new reports will use "aggregated, anonymised" data from users who have activated their location with the aim of helping governments gauge success in social distancing.
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