7 Years Ago

https://blockchainatberkeley.blog/the-evolution-of-the-digital-asset-market-in-2018-9af4c5de176c

There are now an incredible 178 Crypto exchanges globally I suspect we will start seeing a  consolidation of exchanges. Asia now dominating crypto volumes in terms of the trades being carried out  and Bitcoin volumes continue to rise despite collapse in the price.
Russia sees no need to legally define Cryptos-  Minister of Justice of Russia, Alexander Konovalov, has affirmed that he does not see the need to legally define cryptocurrencies just yet. According to him, cryptocurrency might be considered another type of asset in terms of Russian legislation, again urged legislators to avoid defining it at the current stage. The lack of clarity does not help the wider use of Digital Assets but Russia’s stance is understandable as if they start imposing too many restrictions and regulations this nascent industry will simply more out of Russia to more Crypto friendly jurisdictions. An alternative view is that Russia...


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IBM’s Blockchain, AI and cloud skills wins contracts with $700m Santander, Hyundai and ICBC in Argentina– Dramatic examples of the cash that is being invested into digitising the finance sector. Santander is going to spend $700m with IBM to help it build "the most advanced IT architecture of the financial sector". IBM sometimes called Big Blue, has been active in the financial recently winning a $540m outsourcing deal with Nordea Bank "bringing new efficiencies in their digital transformation" and last year it revealed it had secured a massive 10year outsourcing agreement with Lloyds bank, resulting in 1,500 staff and contractors being transferred...

We have been asked on a number of occasions what are the repercussions if you do not comply with the regulator…

Well following a FBI investigation Homero Garza is now doing time for his involvement in an alleged scam where over $9million of other people’s money was lost. The other question often asked is ‘following the 2008 financial crash no one went to prison” but this is not true according The Financial Times 47 people have been sentenced to date. The lesson is the regulators have teeth and WILL use them and as we increasingly see more and more Security tokens being issued organisations need to ensure they are complying with the relevant regulations wherever selling a token…

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Law
Regulators
Security Token
https://bitcoinexchangeguide.com/fbi-gives-payc...tor-heist/
JPMorgan launched Cryptocurrency – How ironic Jamie Dimon, the CEO of JP Morgan has been one of the most vocal and critical of Cryptocurrencies yet his bank have announced that they are to launch their OWN Crypto currency the JPMCoin. It will be a cryptocurrency pegged to the US$ i.e. a stable coin with each JPM coin backed by one US$ and help their customers to cut transaction costs on international payments and for securities payments and improve the efficiency of their clients treasury departments so hopefully enabling them to make better returns on the capital that they have in...


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7 Years Ago Barry James Said:
Thanks Jonny. It would be hilarious if it were not so tragic.
 Facebook has bought a Blockchain company that was founded by University College of London researchers who specialize in Smart Contracts. 

The deal is rumored to have been driven to help Facebook secure talent in this highly competitive blockchain sector as opposed to buying a profitable business. Facebook on 21/12/18 announced that it was looking at launching its own Cryptocurrency to run via WhatsApp and to initially be launched in India. Facebook as at the end of 2018 was sitting on over $41billion in cash and with a stranglehold along with Google over digital online advertising it is in a very strong position to complete further deals in this rapidly developing sector.

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Blockchain
Cryptocurrency Investments
Social Media
https://breakermag.com/facebooks-chainspace-acq...the-world/
NASDAQ is the worlds 2nd biggest stock exchange developed a range of surveillance technology to ensure that good market practices are upheld and regulators and traders can have confidence in prices and general trading.

Such monitoring services are now being deployed by at least seven Crypto exchanges and one suspects many regulators will want to question what systems other Crypto exchanges have in place similar to what NASDAQ offers. Such surveillance systems are further signs of Digital Assets maturing and embracing the infrastructure required so that governments, regulators and traditional investors will draw comfort and be more engaged in this new asset class.

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Crypto
Regulators
Digital Assets
https://www.financemagnates.com/cryptocurrency/...ance-tech/
Blockchain in the asset management industry –  There are many projects being implemented using Blockchain technology. The creation of a new asset class allowing tokens, backed by equities, bonds, property ,FX, commodities etc in a digital fashion potentially to be traded 24/7 is going to enable asset managers to offer new types of funds. To date the focus has been more about how the technology is being used to reduce the onboarding costs of KYC and AML .Firms like Coinfirm , Blockpass can help with individuals and if you are when dealing with corporates that require real time ongoing KYC monitoring the...

IBM has been developing its Food Trust Blockchain project since 2016.

Nestle has been using Food trust to track where some of its ingredients come for its baby food brand Gerber. Food Trust, keep data about harvests, processing, packaging, and shipping, that can be retrieved in seconds compared to days or even weeks using traditional data storage records. Food Trust has performed traceback tests as fast as 2.2 seconds, compared to seven days before blockchain, FreightWaves reported.

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Blockchain
Food & Beverages
https://cointelegraph.com/news/nestle-ibm-food-...rs-in-2019
When the right new connections are made then exciting things happen. Insights, opportunities, techniques and technologies that can change the world - and sometimes just deals.
 
Indeed the creation of blockchain technology itself, in pursuit of money created ‘by the people for the people’, is an excellent example of this. Satoshi Nakamoto brought together some existing technologies with peer to peer technology in a completely new way. 
 
London blockchain week is in its 5th year, starting as fintech week. London is a major centre and contender to help lead the world in the remaking of the internet, and so the global economy...

The UK’s new blockchain and frontier technologies industry association launches at London Blockchain Week

The BBFTA (British Blockchain and Frontier Technologies Association) launched today (Monday 11th February) at Fintech Worldwide’s London Blockchain Week and is already attracting the attention of senior industry figures from across the globe.

According to Founding Chair Barry James, Blockchain technology is set to remake not just money and the financial system, but the entire internet and so the world - but not in isolation.

“Its doing this by providing the trustworthy backbone on which other established and frontier technologies can build. This is happening very rapidly across a wide range of industries which is why we need a new model association - open to...

Weekly review of what is happening in the Blockchain and Digital asset Sectors - Digital Bytes  Weekending 8th February 2019
 
HSBC Whistleblower Herve Falciani to Launch Cryptocurrency That Will Be Embraced by Regulators – Falciani is one of banking’s most wanted  Whistle blowers having been convicted for giving  details of  over $120Billion of assets held by 30,000 accounts, at HSBC’s Swiss private bank. Allegedly he was responsible to revealing a whole series of tax evasion, money laundering and other unsavoury financial schemes. He is now meant to be working on an “ethical crypto token”, dubbed “Tabu,” that would be fully traceable and thwart illicit dealings and tax evasion.
How Ironic Blockchain...



One of the bigger asset classes is property yet it is largely been the preserve of wealth sophisticated investors or institutions. It historically has suffered from a lack of liquidity, some argue transparency and little innovation until now. Having a Digital Asset-backed by property and then being able to trade 24/7 attracting smaller investors on a global basis potentially could increase liquidity substantially.

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Property Development
Security Token
Digital Asset
https://thefintechtimes.com/property-market-tokenisation/