The European Union (EU) has shown the need for a consistent blockchain technology protocol which would enable interoperability as well as scalability. The report labeled “Scalability, Interoperability, and Sustainability of Blockchains” was issued by ConsenSys on behalf of the EU Blockchain Observatory and Forum. It gives insight into the latest and possible future states of distributed ledger technology (DLT) in Europe, allowing for the contribution of diverse stakeholders and sources.
Cryptocurrencies such as bitcoin, ethereum, litecoin, don't at present set an economic menace to world stability but need "watchful monitoring" as the whole market is quickly changing, according to an international forum on financial regulation. The Financial Stability Board (FSB), based in Basel, Switzerland, said that the extremely fickle currencies bring up much interest about investor and consumer protection and that the data on financial institutions' exposure to crypto remains rare.
American Airlines is planning to take a calculated method to powerfully leveraging blockchain unresolved problems instead of being attracted by the current remarkable thing in an assembly of technology tools.
CHERR.io have had a successful journey from winning FutureHack in Davos during this year’s World Economic Forum, to partnering with Caritas Maribor, one of the biggest charity organisations in Slovenia, to running their first charity campaign, to their anticipated crowdsale.
Liechtenstein Prime Minister Adrian Hasler has proposed in his speech at a Finance Forum last month to adopt “The Blockchain Act” in order to not only regulate the tax, spending, and issuance of digital currency but also to create advantageous conditions for new fintech businesses.
Billionaire investor and legendary hedge fund manager George Soros criticized the digital currency called Bitcoin in January at the World Economic Forum 2018 in Davos, Switzerland. However, he seems to invest in it too willingly, as Soros Fund Management has bought shares in cryptocurrency company Overstock.
Propy, which aims to become the world’s first international real-estate marketplace, will donate 50,000 PRO tokens as rewards at the upcoming World Crypto Economic Forum’s Blockchain Hackathon. The company’s CEO and founder Natalia Karayaneva is amongst the impressive line-up of experts to speak at the conference to be held at the South San Francisco Conference Center on January 13-16, 2018.
Blockchain technology attracts the attention of the world’s economic leaders. The Eastern Economic Forum, 2017, last week dedicated a full session to Blockchain and new technologies in the financial sector of the Asia-Pacific region.