blockchain

BLOCKCHAIN

SWIFT launches its blockchain for payments with 17 banks

SWIFT – which connects 15,000 financial institutions worldwide – has announced that its blockchain DLT is going live with 17 partner institutions (ANZ; BNP Paribas; BNY; Citi; DBS; First Abu Dhabi Bank (FAB); FirstRand Bank Limited; HSBC; Itaú Unibanco; Lloyds Bank; Mashreq; MUFG Bank; OCBC; Standard Chartered; UBS; UOB and Wells Fargo). These institutions will be able to process cross-border payments using tokenised deposits and carry out transfers in real…


Australiaok

Crypto Corner: Australian Government Invests $5m In Blockchain

The Australian government this week announced an investment in developing its blockchain industry as part of a wider digital expansion package. Unveiling its $574m Digital Business Plan that includes seven-figure grants for distributed ledger technology initiatives, Prime Minister Scott Morrison earmarked a substantial investment in blockchain.


Nan Zhang

“Blockchain, A Decentralised Infrastructure, Is Interesting. We’ll See If It Can Be Monetised”

Ana Fuentes | “More than 80% of the global population has a mobile phone, more than can count on running water, a bathroom or electricity. We constantly generate data. But for us, as rational investors, the question is whether we are making profits from this, or whether we are just talking and beating about the bush.” concludes Zhang, who manages a fund specialising in Big Data for Rothschild, with 332 million euros under management and an annualised profit of 15.1%.


FIGURE BITCOIN

The Bitcoin Bubble: Invaluable but Overvalued

Ignacio de la Torre and Leopoldo Torralba (Arcano Partners) | Regarding Bitcoin, we are reaching a point where there is great confusion between the price and the value. If I buy a Bitcoin at $6,000 I would expect a higher value that justifies the greater risk that comes with it (it is extremely volatile, over 60%; while the volatility of currencies like the euro or dollar are less than 3%).