Industry Experts Weigh In On Deloitte’s 2018 Global Blockchain Survey

  Following the recent publication of Deloitte’s 2018 Global Blockchain Survey, some interesting findings that comment on the blockchain sector are highlighted.    Advantages – Speed is seen as the most significant advantage of blockchain technology over existing technology. Adoption – Only 46 percent of public sector workers surveyed believe the technology will disrupt their industry, while 64 percent of financial services believe the same. Barriers – Regulatory issues makes the top of the list of barriers preventing blockchain investment by companies followed by replacement of legacy systems and potential…

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As Turkish lira collapses, could Bitcoin provide an alternative store of value?

With Turkey’s national currency collapse making headlines around the world recently, and with countries such as Venezuela looking to cryptocurrencies as an alternative store of value, could Bitcoin offer a solution to market volatility?   Several experts in the blockchain space, including representatives from Ultra, qiibee, Orbs, and Kowala, have provided some insight on the current crisis in Turkey.  Cryptocurrencies such as Bitcoin could potentially offer a solution in countries where the monetary system has been negatively impacted.   Nicolas Gilot, Co-CEO of blockchain-powered gaming distribution platform Ultra says: Cryptocurrencies have…

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European Banks Finally Use Blockchain – European Tech Experts React

The news broke that a group of European banks has completed the first live blockchain-based financial trades across borders via their jointly developed we.trade blockchain platform.   Built on IBM’s Blockchain Platform and its Hyperledger Fabric technology, we.trade was established by Deutsche Bank, HSBC, KBC, Natixis, Nordea, Rabobank, Santander, Société Générale and UniCredit, in a bid to boost the efficiency of cross-border financial transactions.   This latest development evoked comment from leading projects leaders within the blockchain and cryptocurrency space, a number of which have already launched blockchain education initiatives…

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Industry experts weigh in on Facebook crypto ad ban reversal

  Facebook have announced that they will be reversing their crypto advertising ban, however, the ban has not been lifted for ICO’s, otherwise known as Initial Coin Offerings.     A number of blockchain and crypto industry’s most renowned experts have weighed in on this announcement and the initial Facebook blanket ban on crypto ads a “poor approach” to new ideas.    Iqbal Gandham, UK Managing Director at eToro, global investment platform said “We have always advocated for a more sophisticated approach to cryptocurrency advertising, as we believe legitimate providers shouldn’t be…

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