Tag "Blockchain"
Crypto Market Down Amid COVID-19 Crisis: Crypto Valley Startups Impacted
The COVID-19 pandemic has put a toll on the crypto market, which close Q1 2020 at a 5.03% loss, according to CoinGecko’s newly released Q1 2020 quarterly cryptocurrency report. 2020 started strongly with the market rallying to nearly US$300 billion
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Stock Exchanges Lead in Blockchain Adoption: JP Morgan Report
Blockchain has not yet reached mainstream adoption in the financial services industry but the technology has nevertheless moved beyond experimentation and is rapidly being adopted by stock exchanges around the world, according to a report by JP Morgan. In a
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Why Are 80% of Central Banks Looking into Digital Currencies?
In 2019, 80% of central banks were engaged in work related to central bank digital currency (CBDC), compared with 70% the previous year. Amongst these, 40% had progressed from conceptual research to experiments or proofs-of-concept, and 10% had developed pilot
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Crypto Could Become A Reality Over The Next Decade, Says Deutsche Bank Report
Until now, cryptocurrencies have been additions rather than substitutes to the global inventory of money, but over the next decade, this situation may change, according to Deutsche Bank’s Imagine 2030 report, which looks at the bank’s predictions for the 2020s.
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Coordinated Stablecoin EU Approach / Switzerland Rejects Cryptofranc Proposal
The European Council and Commission have issued a joint statement in which the two bodies call for a “coordinated approach” in regulating crypto-assets. The statement puts a focus on so-called stablecoins which, given their global nature, pose multifaceted challenges and
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Blockchain’s Promise in the Hospitality and Travel Industry
Blockchain, the technology underpinning popular cryptocurrency bitcoin, is considered as one of the most exciting digital technology innovations of recent times. Though the financial services sector has been undeniably the most active sector to experiment with and deploy blockchain, the
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New Report Explores the Potential of Blockchain in Asset Management
Blockchain has the potential to transform the asset management industry by allowing new products to be developed, improve efficiency and cost-savings, and enhance data quality, according to a new report by blockchain software company ConsenSys. In its first report part
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New EU Report Addresses Blockchain Potential and Challenges
Blockchain, the technology behind bitcoin and other cryptocurrencies, has the potential to transform the way we exchange assets, providing a secure method for transferring money, contracts, land titles, data, and more, digitally and with few or no intermediaries. Yet, despite
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Liechtenstein Bets on Blockchain and Crypto
The small landlocked country of Liechtenstein has long been known for its business-friendly environment and financial and banking hub. But over the past years, the country has positioned itself to become a top fintech hub, leveraging its experience and expertise
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Swiss University Rolls Out Blockchain Pilot Project to Fight Fake Diplomas
The University of St. Gallen has unveiled a new pilot project for a blockchain-based system that certifies diplomas and verifies their authenticity. The university’s CIO Harald Rotter told CNN Money Switzerland he hopes to issue about 200 tamperproof certificates by
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