Tag "Blockchain"
Facebook Shares Ambitions for “Single Wallet Experience” Across the Metaverse
In a new blog post, Meta Platforms’ head of commerce and fintech, Stephane Kasriel gives a sneak peek of the company’s fintech ambitions in the metaverse, outlining its intent to bring forward a “single wallet experience” across its family of
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A Look Into Switzerland’s Distributed Ledger Technology Act
This year, the Distributed Ledger Technology (DLT) bill entered into full force in Switzerland, opening up new opportunities and business models by providing legal clarity in areas including ledger-based securities and digital securities exchanges. The new legal framework entered into
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6 Fast-Growing Fintech and Blockchain Startups from Zug
Within the Greater Zurich Area, Zug has emerged as a hotspot for fintech startups, home to some of the world largest and most renowned blockchain projects and networks including Ethereum, Cardano and Polkadot. The canton is primarily known for hosting
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What are Stablecoins and What Risks and Opportunities Do They Bring?
Stablecoins, or digital tokens with values tied to fiat currencies or other assets, have surged in popularity over the past year on the back of booming cryptocurrency transaction activity, the emergence of decentralized finance (DeFi), and a large rise in
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Argentina’s Fintech Landscape Shows Strong Growth Despite Headwinds
Argentina’s booming fintech industry boasts over 300 companies that employ nearly 15,000 people. This year, the sector is expected to create more than 5,600 positions, reflecting on the industry’s massive growth and traction, according to data from Cámara Argentina de
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A Look at Switzerland’s Blockchain DLT Fintech Industry
A recent analysis by ccecosystems.news has identified 167 blockchain and distributed ledger technology (DLT) startups focusing on financial services in Switzerland. Out of the 167 companies, only 117 had a valid Internet presence, implying that about 30% of these ventures
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From Security Tokens to Native Digital Securities
Though blockchain-based security tokens hold many potentials, they also have their own limitations and must evolve to address several key challenges, according to a new paper by academics at the Rotterdam School of Management. In a paper titled Security Token
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Interest in Central Bank Digital Currency Surging
Around the world, interest around central bank digital currency (CBDC) is surging, with an increasing number of central banks looking to issuing their own digital currencies to wholesale networks of banks, corporates, fintechs, but also the general public, according to
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Fintech Revenues to Reach US$500B by 2030: UBS Research
Fintech revenues are projected to grow from US$150 billion in 2018 to US$500 billion in 2030 at an average annual growth rate that’s around three times faster than the broader financial sector’s revenue growth, according to estimates by UBS. With
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Gentwo Digital, a Securitization Specialist for Bankable and Unbankable Assets
Startups have been amongst the hardest hit companies as the COVID-19 pandemic shuts down economies. In Switzerland, four of five blockchain companies located in the so-called Crypto Valley are looking at bankruptcy within the next six months, and 88% believe
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