Kiffmeister’s #Fintech Daily Digest (11/15/2021)

Taproot, Bitcoin’s Long-Anticipated Upgrade, Has Activated

On November 14 the Taproot Bitcoin upgrade activated, opening the door for developers to integrate new features that will improve privacy, scalability and security on the network. At the root of the upgrade is the switch from elliptic curve digital signature algorithm (ECDSA) to Schnorr digital signatures. In addition to being smaller and faster that ECDSA, Schnorr signatures have the added benefit of being linear, a combination that will boost Bitcoin’s transaction privacy and allow for more lightweight and complex smart contracts. [Read more]

World Banknote Summit 2021

The November 22-24 World Banknote Summit is a platform where the leaders of the global banknote community can meet and discuss current and future issues faced by banknotes as a form of payment. The summit plays host to various industry insiders and business experts who share their insights into banknotes, the dynamic and ever-changing face of the payments industry, the challenges on the horizon and potential solutions. The program is available here, and click here to register.

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