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Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

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.

Ethereum's Switch to Proof-of-Stake Will be 'Substantial' to the Industry, Binance Research Suggests

Ethereum's Switch to Proof-of-Stake Will be 'Substantial' to the Industry, Binance Research Suggests

Binance’s latest research report published on Oct. 28 stated that Ethereum’s upcoming switch to Proof-of-Stake (PoS) from Proof-of-Work (PoW) is expected to take a ‘most substantial’ portion of the crypto market’s attention.

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft President Brad Smith has criticized financial technology firms attempting to issue currencies, stating that governments are still best suited to play this role.

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.

Philippines Central Bank To Research Further Before Launching its CBDC

Philippines Central Bank To Research Further Before Launching its CBDC

Philippines Central Bank governor Benjamin Diokno has recommended further research with respect to the proposed Digital Peso, central bank digital currency.

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.

How Does Cryptocurrency Regulation News Affect the Bitcoin Price? Bank Of International Settlements Research Reveals

How Does Cryptocurrency Regulation News Affect the Bitcoin Price? Bank Of International Settlements Research Reveals

New research conducted on behalf of the Bank for International Settlements indicates that contrary to popular belief, the Bitcoin price and other cryptocurrency prices respond very positively to news of coming regulations,when they are clear.

Estonia's Central Bank Launches Research Project into CBDC

Estonia's Central Bank Launches Research Project into CBDC

Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

With blockchain, industries like the financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending digital asset opportunities, as key EU partners now believe the technology could help meet the Paris Agreement Carbon Goals.

EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet

EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet

Global accounting firm EY have launched their open-source Baseline protocol which aims to address privacy issues to encourage enterprise adoption of public Ethereum.

Microsoft Azure Integrates Lition Commercial Blockchain into Cloud Marketplace

Microsoft Azure Integrates Lition Commercial Blockchain into Cloud Marketplace

Lition, an enterprise blockchain has been integrated into the Microsoft Azure cloud marketplace to provide blockchain as a service (BaaS) solutions.

Former Microsoft Employee Convicted of $10M Bitcoin Tax Fraud Scheme

Former Microsoft Employee Convicted of $10M Bitcoin Tax Fraud Scheme

A former Microsoft employee is facing nine years in prison for defrauding the tech firm of more than $10 million in digital currency.

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