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22% of Institutional Investors Have Some Digital Asset Exposure: Fidelity
A survey conducted by Fidelity Investments found that, already, around 22% of investors have some exposure to digital assets, while 40% say they are open to taking the plunge in the next five years. Of those that have exposure, most investments were made in the last three years.
tags: Fintech CryptoAssets
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100 organizations to accelerate blockchain deployment with World Economic Forum
The World Economic Forum has teamed up with over 100 global supply chain and logistics leaders to standardize I blockchain apps in the industry. The project aims to co-develop interoperable blockchain applications in the logistics industry and to leverage an open-source toolkit to deploy blockchain responsibly.
tags: Fintech Blockchain
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DTCC Shines Surprising Light On Enterprise Use Of Cryptocurrency
A poll taken by the audience of about 300 DTCC customers and others showed that while 74% of the audience’s employers were participating in blockchain projects expected to be rolled out to customers, only 23% were planning to implement a business solution involving cryptocurrency. The three largest obstacles to the audience deciding to invest in cryptocurrency were regulatory uncertainty (29%), valuation approach (29%) and fraud (21%).
tags: Fintech Blockchain CryptoAssets
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Cross-Border Business Blockchain platform by SAFE of China
The State Administration of Foreign Exchange of China has collaborated with ZhongChao Credit Card Industry Development Co., Ltd, a state-owned monopoly enterprise to built a blockchain-based cross-border financial trade service platform.
tags: Fintech Blockchain CrossBorder
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Central Banks of Canada and Singapore conduct successful experiment for cross border payments
The BoC and MAS linked up their respective blockchain projects, Jasper and Ubin, which are built on R3’s Corda and JPMorgan’s Quorum platforms, respectively. They connected using hashed time-locked contracts that allowed direct PvP settlement without the use of an intermediary.
tags: Fintech Blockchain CrossBorder
FinTech Daily 05/02/2019
