The U.S. Federal Reserve announced on Monday it planned to develop its own round-the-clock real-time payments and settlement service, with an expected launch in 2023 or 2024.
Walmart is the latest to join the new growing trend of the the establishment and use of digital identities, via attestations and already established consumer databases. Companies such as Mastercard, Bank of America, Facebook/”Libra”, Ontology, EOS, Cardano, Piiggy Bank, Coinbase, and more, all have functional products digital identity projects, or products that will be released soon.
The Securities and Exchange Commission seemingly try to legitimize the industry, their decisions sometimes seem to indicate otherwise. In a new post, the agency is looking to run full network nodes for multiple cryptocurrencies. Some interesting projects are on this list, although the bigger goal remains rather unclear.