Digital currency

World AI and Smart Contracts Market Report 2023: Market is Projected to Grow at a CAGR of 53.39% - Shares, Strategies, and Forecasts to 2029 - ResearchAndMarkets.com

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Thursday, March 9, 2023

The "AI and Smart Contracts: Market Shares, Market Strategies, and Market Forecasts, 2023 to 2029" report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com's offering.

Key Points:

The "AI and Smart Contracts: Market Shares, Market Strategies, and Market Forecasts, 2023 to 2029" report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com's offering.
The global AI & smart contract blockchain market is projected to grow at a CAGR of 53.39% during the forecast period, 2022-2029.
AI and smart contracts, useful in government, farming, healthcare, banking, insurance, business, and for central bank digital currencies (CBDC) will revolutionize processes.
They need to understand the smart contracts, how smart contracts will be used, and how the market will play out, to start allying with the companies that are installing smart contract technology.

TipLink Raises $6M From Multicoin Capital and Sequoia Capital to Unlock a Novel Distribution Mechanism to Send Digital Assets With a Link

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Tuesday, February 21, 2023

QR, Non-fungible token, Digital currency, API, Paxos, Sequoia Capital, Friction, Engineering, Food, Internet, NFT, Format International Photography Festival, Cryptocurrency, Sequoia, Asymmetric

TipLink's mission is to ease the distribution of crypto assets to accelerate the mainstream adoption of crypto.

Key Points:

TipLink's mission is to ease the distribution of crypto assets to accelerate the mainstream adoption of crypto.
"TipLink is the easiest and most versatile way to send and receive digital assets of all kinds," said Ian Krotinsky, founder and CEO, TipLink.
TipLink solves one of the biggest problems in crypto: how to send digital assets in a frictionless way."
"TipLink explores a novel form factor that makes receiving any crypto asset easier than ever before," said Daniel Chen of Sequoia.

17th Edition of BFSI IT Summit: Indonesia

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Monday, February 20, 2023

Central bank digital currency, Information, Indonesian Chamber of Commerce and Industry, Central bank, Citibank, Digital currency, UOB, Commerce, HSBC, Summit, Knowledge, BFSI, Bank Syariah Indonesia, Fintech, Digital, Digital era governance, Cryptocurrency, Blockchain

JAKARTA, Feb 20, 2023 - (ACN Newswire) - The BFSI industry in Indonesia is set to take a major leap forward with IT Summit, Organized by Exito Media Concepts.

Key Points:

JAKARTA, Feb 20, 2023 - (ACN Newswire) - The BFSI industry in Indonesia is set to take a major leap forward with IT Summit, Organized by Exito Media Concepts.
The Summit is supported by Indonesia Blockchain Society and KADIN Indonesia.
The 17th Edition of BFSI IT Summit Indonesia is taking place on the 10th of March 2023.
The summit will bring together senior government representatives, thought leaders, and leading industry experts to share their knowledge and experience on the latest technologies and trends shaping the BFSI industry.

Webtel.mobi’s US subsidiary – WM Holdings Inc. – reveals details of CBDC, Digital Currency and SWIFT Equivalents

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Thursday, February 16, 2023

Facility, United, Research, USP, Space Flight Operations Facility, CBDC, Century, Hilltop Holdings Inc., Digital currency, Food delivery, Cryptocurrency

Included in the list of USPs are also details of two Instruments that facilitate a Hedge against both Inflation and Currency Depreciation – the two economic trends that consumer and business markets worldwide are currently struggling with.

Key Points:

Included in the list of USPs are also details of two Instruments that facilitate a Hedge against both Inflation and Currency Depreciation – the two economic trends that consumer and business markets worldwide are currently struggling with.
Moreover, in the aftermath of the recent and ongoing fallout of the Cryptocurrencies space, its Operational TUV Digital Currency and CBDC equivalents appear able to fill the credibility gap left in the next-generation digital currency space left by these recent events.
Similarly, its SWIFT alternative represents the first fully operational 21st Century alternative to the SWIFT system since SWIFT’s debut 50 years ago.
The full list of 80 USPs, with links to supporting Research Reports and Operational Facility examples, can be seen in the “USP Overview” section of the WM Holdings Inc. website at https://wmholdings.mobi

Fir Tree Comments on Grayscale’s Latest Excuse to Obstruct Shareholder Redemptions

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Thursday, February 16, 2023

Professional Services, Finance, Bitcoin, Supreme, Fir Tree, Supreme court, ETF, Digital currency, Delaware Court, Delaware Court of Chancery, NAV, GBTC, Cryptocurrency, Security (finance), Grayscale

Fir Tree Partners (“Fir Tree” or “we”), a meaningful shareholder of the Grayscale Bitcoin Trust (“GBTC”), today issued the below statement in response to Grayscale Investments’ (together with GBTC, “Grayscale”) Twitter Spaces discussion held on February 8, 2023.

Key Points:

Fir Tree Partners (“Fir Tree” or “we”), a meaningful shareholder of the Grayscale Bitcoin Trust (“GBTC”), today issued the below statement in response to Grayscale Investments’ (together with GBTC, “Grayscale”) Twitter Spaces discussion held on February 8, 2023.
“For over seven years, Grayscale has pointed to the SEC’s Regulation M as the primary reason it cannot provide shareholder redemptions.
Simply put, Reg M does not prevent Grayscale from allowing shareholder redemptions and Grayscale knows it.
Fir Tree Partners remains committed to taking all available actions to ensure that Grayscale is held accountable for these issues.”

Cloud-Based ATM Service Announced at ATMIA Annual U.S. Conference

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Tuesday, February 7, 2023

E-Squared Systems, Inc. (E2), a fintech company founded by former PAI and Mastercard executives Donna Embry and Leland Englebardt , today announced the development of a new remote hosting service for financial self-service terminals utilizing ATMIA’s Next Gen ATM architecture .

Key Points:

E-Squared Systems, Inc. (E2), a fintech company founded by former PAI and Mastercard executives Donna Embry and Leland Englebardt , today announced the development of a new remote hosting service for financial self-service terminals utilizing ATMIA’s Next Gen ATM architecture .
The company is developing the service in collaboration with Genmega, a leading global terminal manufacturer, and with Digital Cash Processing (DCP), an established North American payments gateway.
The service aims to reduce the cost and complexity of operating ATMs and kiosks, while expediting the process of adding and upgrading terminal functionality.
They will also be available during the conference to discuss their company’s remote hosting service for financial self-service terminals.

$612.1 Billion Worldwide eCommerce Payments Industry to 2030: Mobile Biometrics Emerges to Add an Additional Layer of Payment Safety with Multiplier Impact on Adoption Rates - ResearchAndMarkets.com

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Friday, January 27, 2023

Robust Growth of E-Commerce Supported by the On-Demand Economy to Amplify the Importance of Electronic Payment Options: Global e-Commerce Sales (In US$ Billion) for the Years 2017, 2019 & 2022

Key Points:

Robust Growth of E-Commerce Supported by the On-Demand Economy to Amplify the Importance of Electronic Payment Options: Global e-Commerce Sales (In US$ Billion) for the Years 2017, 2019 & 2022
As the World Moves to a Cashless Society, e-Commerce Payments Stands at the Verge of Irrevocable Change
As Global Non-Cash Transactions Spirals, Ecommerce Payments Market is Poised for Heady Opportunities Ahead: Global Number of Cashless Transactions (In Billion) by Geographic Region for the Years 2015, 2017, 2019, 2021
Growing Base of Internet Users Worldwide as Evidenced by Growing Penetration Rates Provides the Platform for the Rise of Online Shopping & Electronic Payments: Global Internet User Penetration for the Years 2017, 2019, 2022 and 2024
Expanding Base of Smartphone Users to Over 38% of the Global Population Bodes Well for Online Shopping & Adoption of Mobile Payments Apps: Global Number of Smartphone Users for the Years 2016 through 2020
Growing Global Efforts for Financial Inclusion to Catapult the Popularity and Importance of Digital Payment Platforms: Global Account Ownership by Gender (In %) Breakdown by High Income & Low and Middle Income Economies for the Years 2013, 2015 and 2019
Blockchain Payments Emerges as a Technology that Knows No Boundaries, Redefining eCommerce & Driving Cross-Border eCommerce
Spectacular Growth of Blockchain Technology & Its Promising Use in the Field of Digital Currency & Payments to Revolutionize eCommerce: Global Market for Blockchain (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
Rise of Cryptocurrencies as a Payment Platform for Online Transactions, A Key Trend in the Market
Growing Awareness of Cryptocurrencies Among Global Internet Users & Rising Ownership Rates Bodes Well for their Rise as Effective Platforms for eCommerce Payments: Ownership of Cryptocurrency (As % of Total Population) by Country for the Year 2019
Astounding Penetration of Biometrics for Mobile Devices to Push Up the Volume of Online Financial Transactions: Global % Share of Mobile Devices That Utilize Biometrics for Online Transactions for the Years 2017, 2019, 2021 and 2023
Global % Share of Type of Devices Sold With Biometrics Technology for the Years 2017, 2019 & 2021
As the Future of eCommerce Becomes Mobile, Mobile Wallet Emerges an Important eCommerce Payment Platform: Adoption of Mobile Wallet (In %) by Region/Country for the Year 2019
Robust Mobile Commerce Market to Benefit the Growth of Mobile Wallets: Global Mobile Commerce Market (In US$ Billion) for the Years 2016 to 2020
Well Developed & Continuously Evolving Ecosystem of Mobile Payment Apps, a Key Growth Driver
Growing Number of App Users Mirror the Well Developed Mobile Payment App Ecosystem their Growing Reach & Visibility Among Consumers: Global Number of Users (In Million) Breakdown by Leading Mobile Payment Platform for the Year 2018

Klaytn Foundation Unveils New Governance Measures for Increased Community Involvement and Transparency

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Monday, February 20, 2023

Universe, KakaoPay, Central bank digital currency, Central bank, Investment, Development, Blockchain, News, Digital currency, Ecosystem, Bank of Korea, GC, Kakao Entertainment, CBDC, Growth, KLAY, Bank, Communication, Cryptocurrency

In addition, Klaytn Foundation looks to reveal on February 27th Klaytn's roadmap for 2023 and beyond, which outlines key governance, ecosystem and tech initiatives.

Key Points:

In addition, Klaytn Foundation looks to reveal on February 27th Klaytn's roadmap for 2023 and beyond, which outlines key governance, ecosystem and tech initiatives.
Through these proposed changes, the Klaytn Foundation is committed to advancing the growth and development of the Klaytn ecosystem while prioritizing transparency and community participation.
In particular, the Foundation will strengthen governance transparency by disclosing GC on-chain voting agendas and statuses in real-time through the Klaytn Square governance portal .
The Klaytn Foundation will also establish appropriate communication channels for the Klaytn community to participate in governance and decision-making matters.

Government Blockchain Association Announces Initial Speakers for Upcoming Event: "The Future of Money, Governance and Law"

Retrieved on:

Thursday, February 2, 2023

WASHINGTON, Feb. 2, 2023 /PRNewswire/ -- The Government Blockchain Association (GBA) today announced that leaders from the United Nations, European Parliament, Digital Currency Monetary Authority, United States Departments of State, Justice, and Treasury, are among speakers confirmed for its Spring 2023 event, "The Future of Money, Governance, and the Law," taking place on May 23-24, 2023 at the National Press Club in Washington, DC. (REGISTER HERE)

Key Points:

( REGISTER HERE )
As cryptocurrencies, DeFi, artificial intelligence (AI) and other emerging technologies shift the power paradigm from centralized to decentralized authority, governments must thoroughly understand the potential of blockchain to disrupt financial systems and the implications for economies worldwide.
GBA Executive Director, Gerard Dache, said, "The dizzying pace of change in the crypto and digital asset space demands that public and private sector leaders connect, communicate and collaborate.
Maintaining the status quo is a glaringly insufficient approach to governance."
For media inquiries or press credentials, contact Mostafa Razzak at [email protected] or 1-202-904-2048

Circle Kicks off 10-Year Anniversary in 2023 and 5 Years of USDC with Release of First Annual "State of the USDC Economy" Report and More

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Tuesday, January 17, 2023

USD Coin, Crypto, Ecosystem, Digital currency, CBER, Student, USDC, Partnership, Growth, Research, Cryptocurrency, Circle

DAVOS, Switzerland and BOSTON, Jan. 17, 2023 /PRNewswire/ -- Circle, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin, celebrates its 10 year anniversary in 2023 and five years since the launch of USDC. As part of the kick-off to mark the occasions, Circle is releasing the first-ever comprehensive report about the state of the USDC economy: "State of the USDC Economy — Welcome to the Utility Value Phase of Digital Currency."

Key Points:

As part of the kick-off to mark the occasions, Circle is releasing the first-ever comprehensive report about the state of the USDC economy: " State of the USDC Economy — Welcome to the Utility Value Phase of Digital Currency ."
"Developers are essential to the success of USDC and the entire Web3 ecosystem," said Allaire.
Program details, including the opening of the application process this Spring, will be available in the coming weeks.
The awards range from $5,000 to $10,000 and will be announced in May at CBER's annual conference.