Community
This group is to share any information related to enterprise wide Blockchain technology adaption in different Banking Financial Services sub-domains.
As the owner, you will also give up ownership if you leave this group.
Rohas Nagpal Chief Blockchain Architect at Hybrid Finance (HyFi) Blockchain
Celo is a proof-of-stake mobile-first blockchain that "makes financial dApps and crypto payments accessible to anyone with a mobile phone". It has an average block time of 5 seconds and is Ethereum Virtual Machine (EVM) compatible. Celo uses mobile phone number mapping to public keys. Celo transactions are fast & light because the bl...
26 January 2022 /crypto
Ivan Tsang Head of Corporate e-Banking at Fubon Bank
Opportunities The decentralization, distributed accounts, smart contracts, and other features of blockchain technology will reconstruct the existing centralized financial infrastructure. Firstly, based on the decentralization of blockchain technology, the transaction, clearing and settlement processes in the financial system will directly achieve
25 January 2022 /wholesale /inclusion
Polkadot is not a conventional blockchain. It is actually an ecosystem of interconnected blockchains called parallelized chains (parachains). Parachains are application-specific and they plug into a single base platform called Relay Chain. The Relay Chain does 2 main things: 1. It secures the parachains. 2. It contains Polkadot's consensus and vot...
25 January 2022 /crypto
Algorand is a new-gen blockchain that is bridging the decentralized and centralized world of finance. Its native crypto is ALGO. Algorand Standard Assets run on the blockchain's "Layer-1" and include fungible, non-fungible, restricted fungible, and restricted non-fungible assets. Here's what I like the best about Algorand Standard Asset...
24 January 2022 /crypto
Ethereum is NOT a blockchain. It's NOT a cryptocurrency either! It's actually a protocol (a set of rules or procedures) like "HTTP" or "HTTPS". Multiple independent blockchains run on the Ethereum protocol. When most people talk about Ethereum, they are talking about Mainnet - the primary public Ethereum production blockchain. T...
18 January 2022 /crypto
Jeremy Light Co-founder at Fourdotzero
There is much written about CBDCs but little on the risks to society a CBDC would create. I see these risks falling into three categories: 1. economic 2. financial 3. human rights Economic Risks The key economic risk is inflation. A CBDC can be created at the press of a button and distributed widely, inflating the money supply without any correspon...
17 January 2022 /payments /crypto
Kim Engman Senior Director at Tietoevry Banking
Get ready for users taking back control of their data on the heels of Distributed Ledger Technology and the emergence of web3 services What is web3? Web1 refers to today’s global, interoperable network, built on standards and increasingly with services and platforms we all connect and engage with (web2). With Distributed Ledger Technology (DLT), an...
05 January 2022 /payments /crypto
Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank
Its not uncommon in the world of finance for accountants to encounter challenges related to an evolving discipline for which no accounting standard would have explicitly existed earlier. One example is in the manner how the world of tokens or cryptocurrencies is evolving as no accounting standard currently exists to explain how this asset class sh...
25 December 2021 /regulation /crypto
Retired Member
The digital revolution has been going on for a while and it is on the verge of transforming the complete landscape of the digital sphere into something great, a place for extensive success and profits. This revolution is led by the inception of blockchain technology. Blockchain is the core of every crypto-based digital application that is develop
24 November 2021 /inclusion /crypto
How did NFTs join the Real Estate industry? Presently, the bulk of business models lean towards the digital sector. This trending change is due in no small part to cryptocurrency. The crypto world has produced numerous Defi-based apps and development protocols since its inception. These apps and protocols helped increase the output for many busin
23 November 2021 /crypto
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.