CBDCs are digitally native fiat currencies that are directly issued and backed by central banks. They aim to extend the utility of physically settled monies to the digital world by removing extra steps and intermediaries from digitized banking and payment infrastructure. In so doing, CBDCs are intended to make transactions more efficient, manageable and financially inclusive.
The following analysis is grounded in the central themes of Deloitte’s assessment with a focus on how blockchain and distributed ledger technologies (DLTs) can reduce friction and increase transparency, ultimately improving trust in a trustless environment.
#Derivatives are changing. And the future of #Futures is unfolding at a rapid pace. Learn how these changes set the scene for a new evolution in #crypto derivatives.
“Trust starts with truth and ends with truth.” – Santosh Kalwar Trust is in short supply today. The lack of public trust in governments, institutions, and private companies is taking its toll on society in increasingly costly ways. In many cases, this erosion of trust hinges squarely on technological shortcomings and a distinct lack of…
Blockchain technologies promise a more efficient way to create and maintain shared records of intellectual property rights, benefiting creators, publishers, and distributors alike.
Centralized services like Facebook, Microsoft, and Yahoo keep all your eggs in one basket. This means that bad actors only need to attack one weak link to compromise all your data. And there are many ways to do it, including DDoS, Man-in-the-Middle, and credential stealing to name a few. Decentralized services keep your data safe and secure by distributing it across many redundant servers with cutting-edge cryptography that ensures your data is complete, immutable, and incorruptible. Of course, there are many degrees of decentralization. In this article, we explore the varieties of decentralization, their history and evolution, and the benefits each decentralized consensus algorithm has to offer your business, NGO, or non-profit.
In the early days of crypto, privacy was a critical focus in blockchain development but difficult for the average user to achieve. From 2011–2014, creating multi-signature transactions was considered a cutting-edge technique that provided advanced users more privacy and security than executing standard peer-to-peer transactions alone. Now multisig is standard and more user friendly than ever. So, what’s changed in the last 5 years? And when can we expect blockchains to deliver practical privacy for non-technical users and businesses?
GDPR and self-sovereign identity share a lot in common. GDPR regulates “the right to be forgotten” and self-sovereign identity enables it for the decentralized web. So, when and how will these two privacy functions intersect? Self-sovereign and decentralized identity (DID) solutions like Sovrin or Ethereum’s uPort represent innovative opportunities for data ownership that use blockchains…
Yes, MIT, eventually Blockchains get hacked. In the following article, I review how, why, and what we can expect to happen next.