World Financial Authorities to Create CBDC Rules – October 13

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$11,514

Bitcoin price has taken another short leg up, holding above the $11,500 mark after a quick rejection from $11,700.

Top-20 altcoins are looking strong, as Ethereum gains 5% over the last 24 hours, XRP gains 4%, and Cardano leads with a 9% rise.

Top Stories for October 13, 2020 🔥

👉 World Financial Authorities to Create CBDC Rules

The International Monetary Fund (IMF), the World Bank and G20 countries are creating a regulatory framework for central bank digital currencies (CBDCs).

By the end of 2022, the parties involved plan to have completed the regulatory framework, as well as research into CBDC technologies and experiments.

👉 Private and Scalable Ethereum Layer 2 Network Unveiled

A private and scalable layer 2 network for Ethereum has been unveiled, which uses zero-knowledge proofs for batching transactions.

The protocol, called Aztec 2.0, will be able to facilitate 300 transactions per second, along with privacy advantages from zero-knowledge proofs known as zkSNARKs.

👉 IBM Blockchain Solution to Assist Companies in Reopening Amid COVID-19

An IBM blockchain-powered app called Digital Health Pass has been created by IBM’s healthcare arm to help companies re-open safely during the COVID-19 pandemic.

The app will be able to process data from virus test results, on-site temperature scans and more, so that individuals can generate a “verified health status”.

The app will allow users to share their verified health pass without exposing any of the underlying data.

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