Search Results for "distributed ledger"
Crypto Valley Association: Establishing the World’s Best Ecosystem for Blockchain and DLT Businesses
On a mission to develop the world’s best ecosystem for blockchain and distributed ledger technology, the Crypto Valley Association (CVA) is an independent organization based in Zug Switzerland, supported by the government. With over 1500 members in over 56 countries, the association has been supporting the needs of startups and connecting players in the industry to build a cohesive ecosystem.
Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.
The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations
The Federal Council of Switzerland has opted for better and fair regulations for blockchain and distributed ledger technology (DLT) in the country, which is believed will minimize risk, increase legal certainty and abort blockages, which will prevent the possible applications of blockchain/distributed ledger technology.
Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War
The United States National Security Council has named distributed ledger technology (DLT) as one the most critical focus areas in its tech war with China and Russia.
Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.
How Blockchain Can Mitigate Electoral Malpractices
For elections to be credible, they ought to be free and fair. Nevertheless, the voting process may be marred with malpractices, and this hinders transparency. Blockchain is being touted to avert electoral malpractices and voter fraud based on the distributed ledger technology (DLT) presented.
BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?
The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments.
Huawei Files Patent For Blockchain Ledger Storage and Device
Chinese technology giant Huawei has applied for a patent on a new blockchain-based storage systems.
BIS Economist Proposes "Embedded Supervision" to Enhance Transparency of Tokenized Markets
Economist Raphael Auer of the Bank for International Settlements (BIS) has championed distributed ledger technology (DLT) as a way of supervising financial market risks.
Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests
A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.
Communist Party of China: Members Can Show Allegiance Through Blockchain
The Communist Party of China is offering a new app, whereby members will be in a position to show their loyalty by noting down the reasons for joining. The answers will be stored on a perpetual distributed ledger.
Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?
In the world we live in today, virtually every sector of human activities have begun to experience one form of digitisation or another, and the Banking sector happens to be one of the sectors at the forefront of this evolution.