Introduction In the past, there was almost no cost involved in creating an item in the digital world. As a result, these items have become worthless because they are not difficult to create or reproduce/duplicate. With the advent of blockchain, scarcity in the digital world was created and it connected a part of the real…
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A cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims that the launch has seen difficulties. This weekend, a post published to the subreddit forum r/cryptocurrency claims “Safemoon has been exploited from day 1 and […]
Say I have a machine that I need to access remotely via ssh. I want to use a decentralized registrar such as ens.domains to be able to ssh into myremoterig.eth or myremoterig.eth.link using a legacy dns server. I don’t see where on ens.domains to add a type A dns record for a simple up address…
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Long story short: be glad gas fees are high, this proves tech and use cases are doing what we hoped for. Meanwhile there already are some roll ups etc available and a roadmap towards solving the issues we are all are complaining about right now but are EXACTLY what we hoped for and brought us…
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A recent survey from Deloitte that collated data from 1,280 senior finance executives in 10 locations across the world produced interesting results regarding the blockchain industry. This survey is Deloitte’s fourth annual Global Blockchain Survey, which focuses on the financial services industry (FSI). Findings from the survey show that there is a need for the industry to turn towards product modernization and distribution in order to see economic growth. When polled, 76% of the 1,280 respondents said they believed that the end of physical money is near. And that digital assets were set to replace fiat currencies in the next five to 10 years. This will obviously have a significant impact on the financial services industry, but the respondents remained optimistic about the revenue potential of both blockchain and crypto, and digital currencies. Related Reading | American Rapper Tyga To Launch OnlyFans Crypto-Competitor “The Deloitte ‘Global Blockchain Survey’ shows that the foundation of banking has been fundamentally outlived and financial services industry players must redefine themselves and find innovative ways to create economic growth in the future of money.” – Linda Paw-czuk, Principal, Deloitte Consulting LLP, and global and U.S. blockchain and digital assets leader Blockchain Is Already Mainstream, Says Survey The survey also showed that the majority – nearly 80% – of global FSI leaders believed that digital assets are going to be very/somewhat important to their various industries in the next two years. They also see both digital assets and blockchain technologies as a strategic priority now and in the future. Related Reading | South African Man Loses $900,000 Worth Of Bitcoin After Accidentally Deleting Keys 73% of respondents admitted that a recurring fear was that their various organizations would lose competitive advantage if they failed to adopt digital assets and blockchain technology. Findings also showed that 81% of respondents agreed that blockchain technology is highly scalable, and according to them, has already achieved mainstream adoption. The world is no doubt headed towards a completely digital world. Things like paper currencies are likely to be obsolete in the near future. Hence, financial services industries need to shift to new business models for revenue generation. Digital assets will be used to simplify payments. And 43% of respondents said that these new payment options represent a “very important” role for digital assets. Related Reading | Grayscale Tops Up Ethereum Investment To $10 Billion Richard Walker, a principal at Deloitte Consulting LLP and U.S. financial services industry blockchain leader, had some thoughts on this. “As digital asset disruption rapidly changes the marketplace, global financial services are striving to reinvent themselves, creating businesses to generate new sources of revenue.” Walker went on to add, “Opportunities for real change in several areas of the global financial markets exist for those players that explore new ways to harness the power of blockchain technology and digital assets to reimagine their business modes.”
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XDC price soared to a new all-time high shortly after a round of new partnerships, protocol integrations and exchange listings.
