Despite the effect of Covid-19 pandemic on innovations, London’s financial technology (Fintech) industry is gaining more traction than any other region in the European Union (EU). More than £50 billion has been invested since the start of 2019 in the UK’s fintech industry.
The London Stock Exchange Group (LSEG) is looking to employ innovations including Blockchain and cryptocurrency in their systems to enhance their work. The company's management realizes that times change and they have to change as well to keep pace.
One of the most luxurious London galleries, Mayfair offers customers the option to buy every single item in its collection using virtual coins. The gallery claims it is the first to provide such a fintech service. The high-end fine art for sale includes sophisticated works of Zhuang Hong Yi, Richard Orlinski, and Hunt Slonem.
Co-curated with Vastari and Christie’s Education and sponsored by Bidpoc, 2018’s inaugural conference, ‘Exploring Blockchain – Is the art world ready for consensus?’ hosted in London on 17th July which brought together thought leaders and industry experts from across sectors, this one day conference will explore the potential impacts of innovative blockchain technologies on the art world and market.
Blockchain-based virtual reality (VR) solutions firm ImmVRse proved that the excitement of VR hasn’t lost its appeal to the general crowd when it showcased at the recent 2018 Blockchain Summit held at the Olympia London on June 26th and 27th, 2018.
For people looking to capitalize on the varying and rising value of cryptocurrencies, digital exchanges are the solutions. There are multiple exchanges available on the internet, with a variety of trade offers (from a simple few to hundreds) and degree of services (simple ones for novices and multi-chart, complex ones for the serious traders).