Roadmap

August, 18

A research conglomerate involving The Digital Dollar Foundation and Accenture has released a whitepaper clearly outlining how the US Government could smoothly roll out its Central Bank Digital Currency (CBDC), the digital dollar.

Although OWNR Wallet hit the stores in April 2019, the major part of cryptocommunity heard about it in December 2019, when OWNR partnered with Bitfinex, one of the largest cryptocurrency exchanges. We have checked the main facts to see what OWNR is about to bring to the market.

The Swiss Blockchain Federation (SBF) has published a manual titled “Tokenized Equity, Guidelines for Issuers of Equity and Related Tokens” that clearly indicates the willingness to give clear indications.

Turkey plans on creating its own virtual currency and deploying blockchain into government systems. The government financial authority has included a central bank-issued cryptocurrency in its new 2019 –2023 strategic economic roadmap.

India holds a big global economy that is now facing a rapid growth of use cases for blockchain and cryptocurrency markets. Taking demand into account, India plans to design a suitable roadmap for distributed ledger technology (DLT) soon or later, according to the report by Financial Express.

Italy is largely looking into future investment, innovation and technological advancement in the cryptocurrency world. Therefore, to pass the budget law that was recently approved by the Italian Senate with less effort, a good plan, program and roadmap by the government are needed as quickly as possible. The State is largely focusing on the future and wants to compete favourably among other European giant countries.

Analyzing the overall summer performance, we see the drastically falling market. Over the three month period, it had declined by $106 billion, Bitcoin exceeded $8,000 and then dropped below $6,000 while most altcoins decreased to their annual minimum. In fact, the cryptocurrency market lost 36% of the price over the 11 weeks and returned to the November’s lowest. Still, the decline is not an obstacle for projects that are developing the products and achieving the milestones set on the roadmap. Especially when they are largely supported by the global crypto community. The Noah Project is among such companies.

With the successful conclusion of its crowdfunding campaign via a token sale, blockchain-based community platform Consentium has announced an updated development roadmap to reflect a more streamlined realignment of its strategic efforts.