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Financial system and blockchain

According to CNBC, Goldman Sachs is renewing its push into Wall Street’s digital future. Last month the firm made Mathew McDermott, a managing director who ran the investment bank’s internal funding operations, its new global head of digital assets last month. The appointment means the newest face of blockchain and cryptocurrency on Wall Street isn’t a starry-eyed …

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Cryptocurrencies – a direction for investment

Forbes Magazine has just reported that Fidelity Investments (one of the largest international fund management firms) president and director of digital funds Peter Jubber, on 26.08.2020 has filed paperwork with the U.S. Securities and Exchange Commission (SEC) informing the regulator of a new fund dedicated to bitcoin. The previously unknown Wise Origin Bitcoin Index Fund …

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Decentralized blockchain applications in China

Blockchain-Based Service Network (BSN), a Chinese state-sanctioned blockchain infrastructure project, launched its English-language website for international decentralized applications developers on august 10th. Developers are now able to build apps and run nodes on either permissioned Blockchains or major public chains through the global version of the network. Available permissioned Blockchains include Hyperledger Fabric and FISCO-BCOS, …

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Blockchain in China

According to RBC, the Beijing authorities said that 140 government agencies in China have already implemented blockchain. According to local news channel BJD, the use of distributed ledger technology has reduced costs by 40% and is a breakthrough that could not have been achieved without it. “Blockchain is a breakthrough in data exchange that is …

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Blockchain technologies adapt to business processes

Blockchain technology is becoming more and more adapted to support various business processes.  Chinese technology giant Huawei has applied for a patent on a new blockchain-based storage systems. Chinese ICT specialist firm, Huawei is steaming ahead with its adoption of blockchain technology with a recent application for a new blockchain patent that focuses on storage …

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Blockchain technology opportunity

Fabio Canesin, co-founder of blockchain fintech firm Nash, believes that as the world comes out of the COVID-19 pandemic, blockchain technology offers a “unique” opportunity to the public due to its “borderless” nature. During an interview with Cointelegraph, Canesin states that he sees the “greatest” emerging use case in blockchain for three core industries in a post-pandemic era: …

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Business and Tokenization

According to Research and Markets, the global digital asset management market is growing at an annual rate of 16.5 percent and will reach $ 8.5 billion by 2025. In Switzerland, two banks are currently fully licensed to provide blockchain-based financial instruments, and traditional banks are increasingly offering cryptography services. More and more leading financial institutions …

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Blockchain in the automotive industry

As automakers are revealing more electric vehicles, one of the major concerns is how will the vehicles be charged. Post Covid-19 incentives include installing more charging stations. Innovative companies and analysts offer their insights, predictions and solutions for a greener, cleaner EV charging future. Solutions include smarter software, incentives, apps, load balancing and blockchain. “Blockchain …

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