Zamzam: How Modern Blockchain Technologies Can Change the Stock Market
The capitalization of the cryptocurrency market has for the first time surpassed the $2 trillion mark. This reflects the rapid development of the sector and the inflow of new capital into digital assets. Nevertheless, the crypto industry market cap remains several times smaller than the capitalization of the gold market ($10.6 trillion) or the market for public shares ($100 trillion). Even more, capital is locked in productive assets in the accounts of companies and corporations, in the form of securities, bills of exchange, futures and options, which have been inactive for years,....
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The European Central Bank is engaged in “experimental work” on blockchain technology. As some banks have warned, the technology is still too new to know what real world uses it has. But, according to an ECB executive board member on Monday, the central bank is researching how the technology could apply to modern financial systems. Member of the Executive Board of the ECB, Yves Merch, confirmed the ECB is investigating blockchain technology and how it could be adopted by the euro zone’s central banks. “From a central bank perspective, in the context of our strategic reflections on the....
Bitcoin is now trading in the low $40,000 range after a swift and sharp sentiment change. With the top cryptocurrency on the ropes currently, a massive breakdown in the stock market could be the fatal blow that puts the final nail in the bull market coffin. Here’s how turning stock market sentiment, a change in […]
Bitcoin could change derivatives, in particular settlement, trading and securities issuance according to some individuals, among whom are bankers and technologists. Alex Batlin, who has been a vocal supporter of banks adopting Bitcoin related technologies, told attendees of the IDX Derivatives Expo in London that blockchain technologies will change banking. "Blockchain technologies can make banks more efficient - for example through instantaneous settlement rather than the days it takes at present, lower costs and lower operational risk," according to Alex Batlin, chief technology officer....
Canadian blockchain technology startup Blockchain Tech Ltd (BTL) has been successfully listed on the VentureBoard of the Toronto Stock Exchange, with the tracker BTL (TSXV:BTL). The Toronto stock Exchange Venture listing is a part of an initiative from its newly raised US$1.5 million funding round to invest in proprietary blockchain technology and its core software. Through the improvement of its technologies, Blockchain Tech Ltd aims to establish itself as the key game-changer of the “international FinTech movement,” and support financial institutions as well as banks to utilize the....
Now that bitcoins are trading at more than US$500 again, there has been renewed interest among speculators and cryptocurrency users slightly higher up the left side of the adoption curve. This piece is for those people. There seems to be a growing understanding that the more important innovation in Bitcoin isn’t the currency, but the blockchain itself. So, if you bought in earlier this year at US$380 and think you can cash out at US$600, great. But there is a big, big forest cropping up if you look beyond those trees. Blockchain technology is very likely to revolutionize the way we....