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The chief executive of the world’s largest stablecoin issuer is reportedly looking to receive an audit from one of the biggest accounting firms in the world. According to a new report by Reuters, Tether CEO Paolo Ardoino says the company is in talks with one of the Big Four accounting firms – KPMG, Deloitte, EY and PwC – to receive an audit of its reserves, though no specific group was named. Tether says it holds dollar-denominated reserves for each USDT token it creates and an audit would help improve the transparency of said reserves, which are currently subject to quarterly reports rather than full-on audits. Ardoino told Reuters that getting a full audit is a “top priority” for Tether, a task he says will be easier to achieve under President Donald Trump, who recently signed an executive order to establish a crypto strategic reserve. “It’s our top priority. Now we are living in a landscape where it’s actually feasible… If...

The Potential of Blockchain in E-Government Services! As digital transformation reshapes industries, the public sector is also exploring innovative solutions to modernize government operations. One such solution is blockchain technology, which offers significant potential to enhance transparency, security, and efficiency in e-government services. By integrating blockchain into various aspects of governance, countries can revolutionize how they manage data, handle transactions, and engage with citizens. What is Blockchain? At its core, blockchain is a decentralized, tamper-resistant digital ledger that records transactions across a network of computers. This technology allows for transparent and secure data management, ensuring that information is immutable and verifiable. Initially designed to support cryptocurrencies like Bitcoin, blockchain’s decentralized nature makes it an ideal platform for applications that require trust without relying on a central authority. Key Benefits of Blo...

Blockchain technology is disruptive to the traditional healthcare industry across the globe. It enhances data security, transparency, and speeds up processes. Essentially, blockchain technology is a decentralized, immutable ledger recording transactions across many computers—making it close to impossible to alter or hack the data. This feature is fundamental in health, where security of patient data is paramount. Probably the most far-reaching impact blockchain has had on health care has to do with the integrity of a patient’s medical record. Securely storing patient data, blockchains reduce the likelihood of data leakage and simultaneously ensure that patients’ information is accurate, available, and integral to attaining better treatment results and faster care delivery. The blockchain also provides smoother and faster clinical trials by allowing for a transparent platform on which researchers, doctors, and regulators are enabled to share data. It provides for a safe excha...