1. Home
  2. payment systems

payment systems

BRICS Unified Currency Deemed Premature by Russian Official

BRICS Unified Currency Deemed Premature by Russian OfficialRussia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies for trade. Ryabkov highlighted ongoing efforts to strengthen the bloc’s economic independence, with authorities actively […]

Tether pours $775M into video-sharing platform Rumble

BRICS to Discuss Alternative Payment Platforms at Upcoming Summit

BRICS to Discuss Alternative Payment Platforms at Upcoming SummitRussian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized the increasing use of national currencies in BRICS trade, particularly with […]

Tether pours $775M into video-sharing platform Rumble

Bank of Canada just says no to retail CBDC in reshuffling of priorities

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

The Bank of Canada is winding down its work on retail central bank digital currency (CBDC), according to an update to the central bank’s website. The announcement did not mention wholesale CBDC, but it emphasized that its research was continuing.

The Bank of Canada has done extensive research on CBDC and is now shifting its focus from CBDC research to other more pressing issues. 

The Bank of Canada’s position on CBDC was that it needed a “contingency plan” in case it became necessary. The current shift in focus comes as the bank prepares for new responsibilities. The Bank of Canada said:

Read more

Tether pours $775M into video-sharing platform Rumble

BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official

BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian OfficialThe BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant payment infrastructure. Discussions include integrating financial markets, payments in national currencies, and new mechanisms for mutual financial […]

Tether pours $775M into video-sharing platform Rumble

India Favors BRICS Payment System, Says Institute Director

India Favors BRICS Payment System, Says Institute DirectorIndia supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach. According to Ash Narain Roy, Director of India’s Institute of Social Sciences, thorough discussions among all parties are essential before making any decisions. He noted that many BRICS members share this cautious perspective. India Supports […]

Tether pours $775M into video-sharing platform Rumble

Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold StandardOn Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital […]

Tether pours $775M into video-sharing platform Rumble

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing VisaAfter dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value, […]

Tether pours $775M into video-sharing platform Rumble

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment IssueNobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems. Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant Payment Systems Nobel Prize […]

Tether pours $775M into video-sharing platform Rumble

Top 5 universities to study blockchain in the UK

Universities in the U.K., including Cambridge, Imperial, Edinburgh, Oxford and University College London, offer blockchain-related programs.

Universities in the United Kingdom have started offering cutting-edge research programs, courses and practical experience in various aspects of blockchain technology, including cryptocurrencies, smart contracts, privacy, security and scalability. Students who graduate from these programs will be well-equipped with the knowledge and skills necessary to become leaders in the field of blockchain technology and drive innovation and adoption in various industries.

Here are top five universities to study blockchain in the United Kingdom.

University of Cambridge

The University of Cambridge is a public research university located in Cambridge, and its Cambridge Centre for Alternative Finance (CCAF) is a leading research center in the field of alternative finance, which includes research on blockchain and cryptocurrencies. 

The CCAF conducts research on various aspects of blockchain technology, including adoption, regulation and policy. Postgraduate students at Cambridge can take blockchain courses such as “Distributed Ledger Technologies: Foundations and Applications” at the department of computer science and technology. In this 16-hour course, concepts such as consensus mechanisms, smart contracts, Bitcoin (BTC) and its variants, Ethereum and other permissionless decentralized ledger technologies are covered.

In addition, the Cambridge Digital Assets Program is a multi-year research program that intends to shed light on the quick digitalization of assets and value-transfer systems. It builds on the solid foundations of the CCAF’s prior work and current ties. It is centered around three workstreams, including:

  • Climate Aspects of Digital Assets: It focuses on providing reliable information and insights regarding the wider environmental effects of digital assets in order to promote a fair dialogue based on factual and empirical evidence.
  • Distributed Financial Market Infrastructure (dFMI): Research projects in this thematic stream, which focuses on the “infrastructure” side of the digital asset ecosystem, will examine the fundamental building blocks — the rails, platforms and applications — that enable new digital financial services as well as their broader effects on market structures, regulatory frameworks and the real economy.
  • Emergent Money Systems: This study stream focuses on examining the socio-economic, financial, legal, regulatory and cultural effects of asset digitization and tokenization on payments, commerce and money in general, with a focus on the “asset” side of the ecosystem. Understanding how technologically enabled asset types and forms impact consumer and corporate behavior, current payment and monetary arrangements and the stability of the larger financial system is the key objective.

Imperial College London

Imperial College London is a public research university, and its Centre for Cryptocurrency Research and Engineering is a leading research center in the field of cryptocurrency and blockchain technology.

Imperial College London offers a Master of Science in Financial Technology (fintech) course structured into pre-study modules, foundation modules, core modules, electives and a project. The modules cover topics such as “Applications of R and Databases for Finance,” “Data Structures and Algorithms with Python,” “Accounting and Corporate Finance,” “Financial Econometrics in R and Python,” “Asset Allocation and Investment Strategies,” and “Text Mining for Economics and Finance.”

All students beginning the Master of Science in Financial Technology program should have a strong background in probability, calculus, matrix algebra and real analysis. The program is designed to equip students with a comprehensive understanding of quantitative and analytical skills, including coding and programming capabilities.

In addition, the college also offers a 12.5-hour (spread over six weeks) masterclass on “Blockchain Technology: Foundations, Applications, and Implications.” The curriculum covers topics such as cryptography, smart contracts and decentralized finance (DeFi).

University of Edinburgh

The University of Edinburgh is a public research university located in Edinburgh, Scotland. The university is renowned for its research and teaching in a wide range of subjects, including science, engineering, humanities and social sciences.

Within its School of Informatics, the University of Edinburgh operates a Blockchain Technology Laboratory (BLT) that is devoted to conducting research and developing blockchain technology. To create and test novel blockchain technologies, the BLT works with business partners, governments and academic institutions.

In addition to research, the University of Edinburgh offers several courses related to blockchain technology, including an undergraduate course module called “Blockchain and Distributed Ledgers,” which covers the fundamental concepts of blockchain technology, including consensus protocols, cryptography, smart contracts and game-theoretic analysis of blockchain protocols.

The university’s Master’s in Finance, Technology and Policy aims to equip students with diverse skill sets in machine learning, principles of economics and big data analysis. And its four-year doctoral program in fintech in collaboration with companies allows students to undertake extensive applied research with commercial relevance.

University of Oxford

The University of Oxford is a world-renowned public research university located in Oxford, England. It is known for its excellence in research and teaching across a wide range of disciplines, including science, engineering, humanities and social sciences.

The University of Oxford offers a program in blockchain strategy, which is part of the Oxford Blockchain Strategy Program. The course is intended for executives and business owners who are curious about how blockchain technology might affect their companies. The course covers subjects, including blockchain protocols, decentralized governance, the blockchain ecosystem and regulation.

University College London

University College London (UCL) is a public research university located in London, England. UCL is a member of the prestigious Russell Group of research-intensive universities in the U.K. and is considered one of the world’s leading multidisciplinary universities.

The Blockchain Executive Education Program, an eight-week executive course offered by UCL, aids business leaders, innovators, regulators and public policy leaders in developing a thorough understanding of blockchain business models, including their advantages and disadvantages.

Additionally, it provides an Master of Science in Financial Technology that emphasizes developing quantitative finance abilities and the application of emerging technologies in financial services, as well as how new digital business models in financial services are affecting company practises.

The Emerging Digital Technologies program at UCL can assist individuals looking to pursue jobs focused on new technologies in challenging corporate settings. Participants in a range of core modules will gain practical experience with technology in fields such as data science, blockchain technology and information management systems.

Tether pours $775M into video-sharing platform Rumble