Tag "blockchain technology"
Monetising in the Metaverse: Distant Possibility or Reality?
In the virtual world of the metaverse, people don’t just visit – they inhabit. It’s a place where they can be whoever they want to be and do whatever they want. The term ‘metaverse’ was first coined in a book
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Could Decentralized Finance (DeFi) Redefine Banking in South East Asia?
Decentralized finance – often called “DeFi” – is a hot topic in the cryptocurrency world, with billions of dollars’ worth of value locked into various protocols and platforms. At its core, the decentralized finance movement aims to upend the decades-old
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UQPAY Li Wangjian: Application Analysis of Blockchain Technology in Cross-Border Acquiring
At present, Blockchain technology, as an underlying technology refined from Bitcoin currency experiment, has quickly become the most concerned new financial technology because of its characteristics such as weak-centered, trust-free, low cost and natural settlement. Almost all finance-related fields have
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Banks And Enterprises In APAC Ramp Up Blockchain R&D
Blockchain technology is becoming an important catalyst of digital innovation in Asia Pacific (APAC) as enterprises in the region face critical challenges and are required to accelerate their digital transformation across the board, according to a report by Forrester. Blockchain
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Li Wangjian, CEO of UQPAY: Blockchain Technology Is Reshaping Supply Chain Finance
The concept of blockchain emerged in 2016 and was popularized in the latter half of 2017, along with the rapid rise of bitcoin, and then declined due to the crackdowns on ICO and virtual digital currency trading by the Central
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Vietnamese Startups, Entrepreneurs Warm Up To ICOs
Initial coin offerings (ICOs) have become the preferred fundraising method for players in the cryptocurrency and blockchain space, enabling entrepreneurs and projects to raise over US$2 billion in 2017 alone. While ICOs have proven to be a successful way for
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Blockchain’s Legal Conundrums
R3’s director of research Antony Lewis believes banks using blockchain for data sharing require stronger privacy regulations and guidelines. As the author of the paper Blockchains and Laws, written in collaboration with Baker McKenzie, the Singapore-based Lewis said in his
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Interview with the Co-Founder of Maecenas, a Blockchain-Powered Marketplace for Fine Art
Founded in early 2016, Maecenas is set to launch the world’s first blockchain-powered investment platform for fine art, bringing together collectors who want to raise funds, and investors looking for exposure to the art market. The platform promises to allow
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China’s Fintech Sector to Enter New Era
While China’s fintech industry had been mostly driven by the “fin” component, the importance of the “tech” component will come to the fore in the future, according to management consulting firm Oliver Wyman. With the ongoing integration of fintech into
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Blockchain Use Cases in Financial Services
Blockchain has become a buzzword in the financial services industry, attracting billions in venture capital investment from some of the largest firms across the financial services landscape. Originally developed as the technology underlying Bitcoin, blockchain has quickly risen to fame
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