Resomnium’s Post

"Blockchain-Powered DeFi: Pioneering Financial Inclusion for the Unbanked Globally" by Paige Soponar, Ph.D cand.,M.A, B.Sc., Co-Founder The Connecter | Member of NYC Fintech Women | Member FIF Collective | Venture Fellow VC Lab | Director Center for Advanced Blockchain, WEB3 & AI, Bucharest Metropolitan Area with Dr. Sindhu Bhaskar, Visionary Chairman - Est-Grp, Aspagteq, CSO, Nash fintechX, & Visionary Director, Initial Investor, International Partnerships at branchX from Cambridge, Massachusetts, United States on the cover of Corporate Investment Times' 66th global edition. Single Click FREE March PDF download: https://lnkd.in/gSaRiUje "Bridging the Gap. The rise of the Internet has opened up new opportunities in various aspects of life, including finance. However, traditional financial systems have struggled to keep up with advancements seen in other areas. Despite widespread Internet access, a significant portion of the global population still lacks access to banking services. Recent data from the World Bank Group indicates that around 1.7 billion people worldwide are unbanked. While the Internet has made information transfer faster, managing financial assets remains time-consuming and costly. In recent years, there has been a shift towards decentralization in finance, driven by blockchain technology. The invention of the Bitcoin Blockchain by Satoshi Nakamoto introduced the concept of peer-to-peer transactions without intermediaries. Ethereum, another blockchain, has since emerged as a key player in decentralized finance (DeFi).  " Corporate Investment Times Stay strong, stay inspired. Publishing journeys that inspire those to come, for generations that are going to come, The Corporate Investment Times Magazine. Inspire Generations.

🌏 This Week in Crypto 🌏 We've just released this week's edition of our newsletter, where we share some of the latest developments in the crypto industry. Check it out below! ⬇ Nomura, through its digital assets arm Laser Digital and GMO Internet, plans to issue dollar and yen stablecoins in Japan using GMO-Z, a subsidiary with a New York State Trust Charter. This partnership aims to provide a stablecoin-as-a-service solution within the Japanese market, potentially enhancing digital asset accessibility and innovation in Japan's financial landscape. The project's significance is underscored by the evolving Japanese regulations on stablecoins, which have recently been refined to encourage such innovations. Link to article ➡ https://lnkd.in/esnAsRa2   BlackRock's iShares Bitcoin Trust (IBIT) has surpassed Grayscale Bitcoin Trust (GBTC) as the largest Bitcoin ETF by assets. IBIT recorded $102.5 million in inflows in one day, increasing its holdings to 288,670 BTC, slightly more than Grayscale's 287,450 BTC. This shift highlights growing institutional acceptance of Bitcoin. Link to article ➡ https://lnkd.in/gci9kHKX MoonPay has launched a new Web3 platform to enhance digital experiences, onboarding notable brands like Gucci, Puma, and Mastercard. This platform aims to simplify brand entry into the Web3 space, facilitating marketing and customer engagement innovations. Mastercard's involvement highlights a significant push towards integrating established financial services with newer digital environments, promising a broader adoption and utility of Web3 technologies in mainstream business practices. Link to article ➡ https://lnkd.in/g3M94xE6 Singapore's DBS Bank recently faced rumors that it was holding $650 million in Ethereum, which were sparked by a post from the blockchain analytics platform Nansen. Nansen had identified a wallet containing 173.7k ETH and attributed it to DBS, labeling the bank as a major Ethereum holder. However, DBS quickly refuted these claims, clarifying that the wallet in question was more likely part of its custody solutions for its clients rather than the bank's own holdings. This wallet is associated with DBS's digital exchange, which allows accredited investors to engage with cryptocurrencies, further indicating that the funds were held on behalf of clients rather than as a direct investment by the bank itself. Link to article ➡ https://lnkd.in/gNvXsFUy Mt. Gox, once the largest Bitcoin exchange, has made significant movements by transferring over 140,000 bitcoins, valued at around $9 billion, to an unknown address as part of their plans to repay creditors by the end of October 2024. Despite concerns, rehabilitation trustee Nobuaki Kobayashi confirmed that no Bitcoin or Bitcoin Cash was sold, marking the first major asset movement from Mt. Gox's cold wallets in five years. Link to article ➡ https://lnkd.in/gSKXEYvV

Traditional Investments vs. Crypto: Navigating the Financial Landscape The debate between traditional investments and Cryptocurrencies is heating up, reflecting the evolving financial landscape. Understanding the differences, benefits, and risks of each is essential for informed investment decisions. Traditional investments: Stability and predictability: Traditional investments like stocks, bonds, and real estate have long been investment mainstays due to their stability and predictability. Key advantages include: • Regulation and oversight: Rigorous regulatory oversight helps protect investors from fraud and market manipulation. • Historical data: Extensive historical data supports informed decision-making based on past performance. • Dividends and interest: Stocks and bonds provide regular income through dividends and interest payments. However, traditional investments can be affected by economic cycles and may offer lower returns compared to high-growth opportunities. Cryptocurrencies: Innovation and high returns: Cryptocurrencies like Bitcoin and Ethereum represent a new investment frontier, offering high potential returns and innovation. Key points include: • High potential returns: Cryptocurrencies have shown significant returns in short periods. • Decentralisation: Operate on decentralised networks, reducing centralised influence and increasing transparency. • Innovation: Blockchain technology drives innovation far beyond just the Crypto industry and has a positive impact on many other industries.  Cryptocurrencies are highly volatile, lack regulation, and their long-term viability remains uncertain. Balancing the portfolio: A hybrid approach: A balanced approach, combining traditional investments with a measured allocation in Cryptocurrencies, may offer the best of both worlds. This strategy can mitigate risks while leveraging growth opportunities in the Crypto market. The choice between traditional investments and Cryptocurrencies depends on individual risk tolerance and goals. Staying informed and adaptable is key to navigating today's complex investment world.  How are you balancing traditional investments and Cryptocurrencies? Share your strategies and experiences below. 

Abu Dhabi has granted BlackRock the commercial license to operate in the emirate. The world's top asset manager with $11.48 trillion in AUMs is also eyeing the regulatory approval to operate in the Abu Dhabi Global Market (ADGM). For BlackRock, development of artificial intelligence infrastructure, including data centers, is the main focus in Abu Dhabi which aligns with its efforts to become both financial and AI global hub. #ArtificialIntelligence #UAE #blockchain https://lnkd.in/d27yxJYi

"ADDX, the Singapore investment platform, has partnered with Australia’s ANZ bank and Chainlink in a cross border use case as part of Singapore’s Project Guardian tokenization experiments. In the trial, a tokenized commercial paper security is purchased from the ADDX platform by an Australian client of ANZ bank. Both ADDX and ANZ Digital Asset Services use separate private permissioned blockchains. Hence, the interoperability for the transaction settlement is enabled via Chainlink’s Cross-Chain Interoperability Protocol (CCIP). However, CCIP operates on a public network, and the transaction details need to be kept private for compliance purposes. Hence, it uses CCIP’s private transactions, a new Chainlink offering that keeps several aspects confidential, including amounts, counterparty details and the settlement instructions. The group chose commercial paper as the financial instrument because it was possible to purchase and redeem it in a relatively short timeframe for the Project Guardian trial. “We’re thrilled to work with ANZ and Chainlink on this use case under the MAS’ Project Guardian to streamline issuance, subscription, and redemption processes. The pilot aims to enhance operational efficiency, accelerate settlement times, and improve cross-border capabilities,” said Inmoo Hwang, Co-Founder and Group CFO at ADDX. “This use case showcases the utility of tokenized financial assets within a regulated environment.” Too many blockchains? While there’s no question that there will be a multi-blockchain future, the current proliferation of private blockchains is sub optimal and undermines some of the efficiencies that the technology promises. Those efficiencies in part come from replacing the spaghetti of APIs between many standalone platforms, which all have to be maintained. Hence, there is also a movement to explore unified ledgers such as the Monetary Authority of Singapore’s (MAS) global layer one network (GL1), where institutions issue, trade and settle on the same network. CCIP provides useful functionality for blockchain interoperability, but fewer blockchains will yield greater efficiencies." Ledger insights

🌟 𝗔𝗻𝗼𝘁𝗵𝗲𝗿 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗟𝗮𝘁𝘃𝗶𝗮 - 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗶𝗻 𝗖𝗿𝘆𝗽𝘁𝗼-𝗔𝘀𝘀𝗲𝘁𝘀 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 (𝗠𝗶𝗖𝗔) 🌟 The Markets in Crypto-Assets Regulation (MiCA) by the EU opens new horizons for Latvia, positioning us as a leader in the crypto industry. With our strong fintech sector, supportive institutions like The Latvian Blockchain Association (LBAA), Fintech Latvia Association , Magnetiq Bank, and a favorable regulatory environment, Latvia is set to attract crypto entrepreneurs and drive economic growth. By leveraging our expertise and infrastructure, Latvia can become a top hub for crypto innovation in Europe.🚀 Let's work together to seize this opportunity and showcase Latvia's potential!🚀 #Crypto #Fintech #Latvia #MiCA #Innovation #Blockchain #Entrepreneurship #Regulation https://lnkd.in/drWQki4w

Typically, when we provide recommendations to policymakers, we suggest exploring the sandbox option, with the FCA Fintech Sandbox often used as a benchmark. The sandbox can be a great option for #CeFi startups. However, if you’re a #DeFi or #RWA developer, there’s a catch. While it might seem like a good idea to test your hypothesis in a secure environment without needing authorization or a license, you can only remain in the sandbox for a limited time—usually 2-3 years. You’ll need an exit strategy: either apply for a license (which is often nonexistent for DeFi use cases) or leave the market/jurisdiction. If you’ve already accumulated significant TVL, relocating can be particularly challenging, especially since the regulator is already aware of your operations. To summarize, I believe that for now, progressive decentralization—combining a #DAO with a legal wrapper—remains the most practical strategy. https://lnkd.in/dTSEa3Pb

Deutsche Bundesbank joins Singapore’s Project Guardian to boost asset tokenization - https://lnkd.in/de3BB3ak #cryptocurrency #bitcoin #news #affiliateprogram #affiliatemarketing #DigitalMarketing #Technology #money #blockchain #investing Germany’s Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization. Deutsche Bundesbank, the central bank of Germany, has joined Singapore‘s Project Guardian, an initiative between policymakers and the financial industry to enhance of financial markets through asset tokenization. In a Nov. 8 press release, the German central bank said it plans to deepen cross-border collaboration as well as advance discussion on “standardization and interoperability of digital assets.” Under the collaboration agreement, Deutsche Bundesbank will test an interoperable blockchain platform for tokenized and digital funds, though details are yet to be disclosed. Monetary Authority of Singapore deputy managing director Leong Sing Chiong expressed the belief that the Bundesbank’s expertise “will be invaluable as we work together to enhance liquidity and efficiency of financial markets through asset tokenization.” Deutsche Bundesbank executive board member Burkhard Balz says MAS is working intensively on innovative topics that Germany is also dealing with in Europe, such as pilots with distributed ledgers or blockchain networks. Per Balz, the German central bank wants to leverage the initiative’s resources to find out how asset tokenization “can be put to meaningful use in the financial sector.” In early November, Singapore disclosed its intentions to promote the commercialization of tokenized assets by developing market infrastructures, deepening liquidity, and establishing industry frameworks to support cross-border transactions. Per Chiong, the country has “seen strong interest in asset tokenization in recent years, notably in fixed income, FX, and asset management.” Source link

The 6% commission is now defunct for U.S. markets, opening the door for further sector innovation. Tokenization is further overhauling the real estate industry in exciting ways. 🏘️ Here are 5 ways tokenization is imparting real estate today: 📉 Reduced Transaction Costs: Smart contracts automate processes and eliminate intermediaries, leading to more efficient and cost-effective real estate transactions. Federico Pomi of Fabrica shines here. 🧩 Fractionalization: The ability to purchase smaller, more affordable shares in properties enables more efficient price discovery and pricing for heterogeneous real estate assets. Fractionalization also has the potential to democratize real estate investment, making it accessible to a broader range of individuals, as enabled by Lofty. ⛓️ On-chain Financing: On-chain financing enables investors to access liquidity through decentralized lending and borrowing, further aiding price discovery for HELOCs and underlying real estate assets. This process streamlines financing and offers new opportunities for real estate investors, and Unlockd specializes in it. 🕐 Instant Ownership Transfer: The instantaneous transfer of ownership via tokens representing real estate assets eliminates the need for lengthy paperwork and reduces the time required for property transactions. 👁️ Ownership Provenance: Blockchain technology provides a transparent and immutable record of property ownership, ensuring the provenance of real estate assets. The enhanced trust and security afforded by public, immutable records of ownership reduce the risk of fraud and disputes. Come learn more about how real estate is rapidly evolving on DLT rails on the Mattereum X account this Wednesday @ 9 am EDT! 🌌🧠