5 Years Ago

Jonny Fry

5 Years Ago |
US regulators seem to be embracing Digital Assets will this lead to a $CBDC

2 min video looking at different ways US regulators are engaging with Digital Assets as The Fed confirms its interest in $CBDC

Henri Arslanian, Chairman, FinTech Association of Hong Kong, and PwC Global Crypto Leader said; “that stablecoins have the potential to bring about a meaningful difference in the cross-border payments sector”. Well certainly they have been attracting attention as there are now over $20 billion worth of stablecoins in circulation globally.

Stablecoins fall into four different categories, those that are backed by:

· Fiat — Tether (USDT)

· Commodities- Perth Mint Gold (PMGT)

·...

Log In or Become A Member To See More

Jonny Fry

5 Years Ago |
ANT a potential Chinese world beater in payments and Blockchain among others

2 min video looking under the hood at ANT Group as it looks to IPO


Reuters are claiming ANT Group (ANT), the Chinese Fintech firm and on -line shopping conglomerate, is to be the worlds’ biggest IPO which is correct in terms of amount raised at $35 billion but not in terms of creating the biggest company as this accolade goes to was Saudis ARAMCO.

ARAMCO raised $25 billion and capitalised the business at $2 trillion but then they do own a lot of oil and at a cost of production of...

Log In or Become A Member To See More

Jonny Fry

5 Years Ago |
Challenges of cybercrime as we see a huge growth in on-line payments


2 min video looking at the challenges of cybercrime as more payments are made on-line



There has been a huge increase in digital crime during the covid-19 pandemic as more transactions have migrated on-line, with the FBI reporting a 75% rise in digital crime

On-line payments are estimated to be doubling in the next 4 years to over $8 trillion by 2024

Juniper research estimate on-line payment fraud will be over $23 billion p.a. by 2023

Mastercard is looking at how to protect its card users from malware, monitoring spending patterns that could spill...

Log In or Become A Member To See More

Jonny Fry

5 Years Ago |
EU Digital Asset proposals September 2020

 

The EU have recently issued a report looking at Digital assets and the use of Blockchain technology. A number of items offer guidance on how the EU are approaching this sector. The EU commission would appear to be looking to actively embrace Digital Assets and Blockchain technology. Having issued a series of press releases the EU is looking to bring in new legislation to offer legal clarity, they are proposing to alter EU financial services directives and implement a clear strategy on digital finance. Four factors when looking at how to regulate Digital Assets, the...

Log In or Become A Member To See More

Jonny Fry

5 Years Ago |
Digital payments increasing traction in Asia



2 min video about how Asia is leading the way when it comes to making payments digitally


UnionBank which is the 10th biggest bank in the Philippines is using Coins.ph, a regulated Philippines-based Blockchain-powered platform to offer remittances and other payments services for people via their mobile phones.

Coins.ph’s majority shareholder,r is Go-Jek which is a ride hailing/taxi company, not dissimilar to UBER, has its own digital payments solution called Go-Pay which is in stiff competition with one of Asia’s fastest growing firms, based out of Singapore, called Grab. Grab operates GrabPay — a tokenised payments platform, which also offers...

Log In or Become A Member To See More

Jonny Fry

5 Years Ago |
Ethereum transaction costs keep rising and people make money from Blockchain

A 2-minute video looking at Ethereum transaction costs — Gas

Recently there has been much comment in the press about the volatility and price of GAS (carrying out transactions on the Ethereum Blockchain). The average cost of doing a transaction is approximately $2.3, which is an increase of 565% compared to this time last year, but down from over $12 at the start of September 2020. Arguably, the two main reasons for the cost of transactions on the Ethereum Blockchain increasing of late is due to the surge in interest in Decentralised Finance...

Log In or Become A Member To See More