The Quantum Threat to Traditional Encryption in Financial Technology Introduction As we traverse the swiftly changing landscape of financial technology, one phenomenon looms large on the horizon – the advent of quantum computing. In the realm of payment security, where safeguarding sensitive information is paramount, quantum computing presents both an unprecedented challenge and an opportunity…
Ripple’s Acquisition of Standard Custody & Trust Company: A Game-Changer? Introduction Recently, Ripple shook the cryptocurrency world with the announcement of its acquisition of Standard Custody & Trust Company, a digital asset custodian. This move signifies Ripple’s intention to diversify and expand its presence beyond its traditional payments network business. But what does this mean…
Police SACCO directed to stop compulsory deductions Background Parliament has directed the Uganda Police Forces’ Exodus Savings and Credit Cooperative (SACCO) to stop mandatory deduction of personnel salaries as savings. The Committee on Defence and Internal Affairs discovered that the SACCO’s management is violating the Cooperatives Societies Act by denying them the option of voluntary…
Let’s Save Ugandans from the Land Mafia: A Plea from Faruk Kirunda Description: Article 237(1) of the Constitution of the Republic of Uganda states that land belongs to the citizens of Uganda and Article 26(1) protects the right to own property either individually or in association with others for instance groups of people who hold…
China Dominates Global Commercial Shipbuilding Industry: A Look at Last Year’s Output Description This is not breaking news, but an interesting item in the Wall Street Journal highlighting that despite all of China’s economic woes it remains a massive global industrial power. More than half of the world’s commercial shipbuilding output came from China last…
Goldman Sachs and the US Inflation Data: Will It Be Okay? Is Goldman Sachs Trying to Convince Themselves? Goldman Sachs recently released their “bottom line” on the US inflation data, and it sounds like they are desperately trying to convince themselves that everything will be okay. But will it really? In January, the core CPI…
Funded Engineer Delays Relaunch Plans After Software Licenses Terminated Refunds and Pending Payouts Following the alleged termination of its software licenses by FPFX Technologies last week, the proprietary trading firm Funded Engineer has decided to delay its plans to relaunch its services. As a result, Funded Engineer has made the decision to switch its broker…
The Post Analyst Predicts Bitcoin’s Surge to $2 Trillion Market Cap by September 2024 Coinpedia Fintech News Cryptocurrency markets are currently reaching levels not seen in over two years This surge is attributed to Bitcoin recently surpassing US$50,000 Experts are speculating on the unique factors contributing to this bull run, marking a significant shift from…
