Keyword: digitalcurrency
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Facial Recognition Payments
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All businesses and other institutions in Ghana must now use a biometric app scanner to check national identity cards under new rules aimed at strengthening security and curbing fraud. Until now many of them have just visually checked or photocopied the card for their records, which has made it possible for criminals to impersonate someone. All Ghanaian citizens and foreign residents in the country must carry a plastic biometric national ID known as the "Ghana Card". Introduced over the last decade, the Ghana Card has become central to daily life in the West African nation and is needed to access...
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Digital ID: Billionaires are CIRCLING your digital life - it's time to WAKE UP
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Your plastic driver's license is getting a digital upgrade. Twenty states and Puerto Rico now offer some kind of digital driverâs license. The technology allows you to share a minimum level of information to prove identity by tapping your phone on a reader or scanning a QR code . Some states allow digital IDs and drivers licenses to be added directly into your mobile wallet. Others offer a state-backed mobile app. But privacy experts have concerns around digital security and government data collection, warning that frictionless identification could lead to things like increased surveillance pricing. PBS Newsâ Tim McPhillips spoke...
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Sir Keir Starmer announced in September that all UK citizens are to have mandatory ID to prove their right to live and work in the country. People in India, who have had digital IDs for years, tell Sky's Sam Coates how they work their country.
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China is so CASHLESS that even beggars use WeChat QR code when they beg for money.
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People in China pay using their hand â but how? All you have to do is hover your hand over the POS terminal, which uses infrared cameras to scan your palm. Beforehand, you have to use a device that registers your palm print and vein pattern and connects it to your bank card.
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How Will Digital IDs Work?
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Digital ID is set to be expanded, in a move the government hopes will stop Aussies from being bogged down by online paperwork. #9News
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The Digital Print x CHINA x Jordan B Peterson
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In an interview with Handelsblatt, Bundesbank President Joachim Nagel dismissed criticism and concerns surrounding the digital euro. The possibility that the project could ultimately evolve into a form of capital control appears to play virtually no role either in banking circles or in government-aligned media. The digital euro ranks among the most ambitious projects within the political architecture of the European Union. As the Eurosystem and the EU increasingly merge into identical and integrated political spaces, it can no longer be denied that this CBDC project is primarily a geopolitical power play by Brussels. Yet the euro-CBDC -- shorthand for...
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For years, China has built what many observers have described as the most extensive surveillance network in human history. Now, thanks to rapid advances in artificial intelligence, that network is evolving into something far more powerful--and far more concerning. According to recent reporting from the Financial Times, Chinese authorities are upgrading their already vast surveillance infrastructure with advanced AI systems capable of analyzing behavior, identifying individuals, predicting crowd activity, and even anticipating potential social unrest before it occurs. This is no longer simply about cameras watching street corners. It is about creating a real-time digital map of an entire society....
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Greece is ushering in a significant overhaul of its rental system, with new legislation set to eliminate cash rent payments entirely and move all transactions into the banking system. From April 1, 2026, tenants across the country will be required to pay rent exclusively through electronic means, in a move designed to improve transparency, combat undeclared income, and bring the housing market in line with modern financial practices. End of cash-in-hand rent The new rules mean that cash payments between tenants and landlords will no longer be legally recognised under any circumstances. Whether renting a city apartment, a holiday home,...
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How Central Banks Plan to Control You | Catherine Fitts Interesting talk about money and power. Would like freeper input. What is to stop people from banding together and forming private bank entities like the Chinese do on chinatowns?
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Say "NO!" to a Global Digital ID
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One of the European Central Bankâs most complex and controversial projects is heading for a crucial test in the first half of 2026, when the European parliament is expected to vote on the digital euro. The plan cleared a key hurdle in late December, when the European Council backed the ECBâs plan to launch an electronic equivalent to cash: a digital currency that works in stores, online and in peer-to-peer transactions. One of the European Central Bankâs most complex and controversial projects is heading for a crucial test in the first half of 2026, when the European parliament is expected...
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More than 2.8 million Brits have signed a petition as of Wednesday, calling on the U.K. government to reverse its mandatory Digital ID system over concerns it will lead to "mass surveillance and digital control." The ID program, dubbed "Brit Card" and announced last week by U.K. Prime Minister Keir Starmer, is set to be rolled out by August 2029 in an attempt by the Labour government to crack down on illegal immigration as it would bar anyone who doesnât have a digital ID from working in the U.K. But critics of the plan argue its effects on illegal immigration...
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Artificial Intelligence (AI) is rapidly transforming the economy, boosting productivity while simultaneously threatening widespread job displacement. As AI progresses, a growing number of workers face unemployment or precarious employment, fueling political pressure for Universal Basic Income (UBI)âtypically understood as unconditional payments aiming to guarantee a basic standard of living. However, behind this policy response lies a fundamental truth: income provided by UBI is redistributed wealth, funded predominantly by taxing others. Taken to its fullest extent, this scenario envisions UBI becoming the total income for many individuals, fundamentally transforming the economyâs reliance from earned wages toward government transfers. Traditional UBI proponents...
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AlongID is a global digital ID. AlongID is a cross-border digital identity platform developed by international software company Deverium. The platform is currently in its early validation phase and will be showcased next week at GITEX Global, the worldâs largest technology and AI exhibition, targeting policymakers and investors. Deverium (stylised as âdeveriumâ) is a global software development company founded in 2019 by Erika Maslauskaite, Edvardas Maslauskas and Darius Liubinas. It is a privately held company registered in Lithuania with offices in Lithuania, the United Kingdom and Sweden. The company is known for its work in digital transformation, with flagship projects...
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Online ID verification causes friction for customers more often than not, yet identity theft makes up 40 percent of Europeâs online fraud. Digital identity can work simply and deliver trust like payment cards, however, says Mastercard. The EU Digital Identity Wallet is in part a recognition of this issue, according to a post by Mastercard EVP for Services Europe Michele Centemero, who sees an opportunity for digital ID to work more like his companyâs forte, digital payments. Mastercard supports the EUDI Wallet program as an advisor to the EUâs NOBID project, and a partner in the WE BUILD Consortium. The...
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