Deloitte tracked 86,034 blockchain projects since 2009 that are hosted on GitHub; according to their data over 26,000 blockchain projects were started in 2016 and financial services firms are leading the way in blockchain; 92% of blockchain projects have failed or were started as an experiment; The Finanser shares other findings from the Deloitte report. Source
The G20 has released a new report titled, "The G20 Countries Should Engage with Blockchain Technologies to Build an Inclusive, Transparent, and Accountable Digital Economy for All"; report shares how the blockchain can play a role in strengthening the global economy and cross-border cooperation; according to the abstract, "The G20 must take decisive steps to harness this technology in service of its policy goals across the core focus areas of economic resilience, financial inclusion, taxation, trade and investment, employment, climate, health, sustainable development, and women's empowerment." Source
The world of finance is changing rapidly but the tools being created are not always reaching the people who need...
In the FT’s big read they take an in-depth look at the boom of initial coin offerings (ICOs) and the potential bubble they are causing; ICOs have thus far raised over $1.8bn worldwide and have shown no signs of slowing; the bigger question is will international financial regulators clamp down to kill the market or provide it more structure. Source
The UK Chancellor of the Exchequer Philip Hammond will announce the creation of a task force focused on cryptocurrencies; the task force will include the Treasury, the Bank of England, and Britain's financial watchdog the Financial Conduct Authority; the task force will help manage the risk surrounding cryptocurrencies and better understand how blockchain technology can be implemented. Source.
While the future of payments is digital, Gnosis Pay co-founder and CEO Marcos Nunes said that leaves plenty of room for consumer choice.
[Editor’s Note: This is an article by Devin Partida, the Editor-in-Chief of ReHack.com. Devin is a Fintech and crypto writer...
The markets for cryptocurrencies and blockchain technologies has taken many different turns in the last few years; regulators have certainly...
Chris Skinner discusses why blockchain is no longer the flavor of the month with the attention grabbing headline: “Blockchain is...
At Fintech Nexus' Merge 2022 event, the future of DeFi and DAOs was discussed. Lex Sokolin believes it is time for a new economy to be born.