Digital Bytes by Team Blockchain Radio; Powered By Cyber.FM
By James Tylee
Each week on the Digital Bytes Show, James Tylee, founder Cyber.FM in the USA, talks to Jonny Fry from TeamBlockchain reviewing the latest Digital Bytes. They explore how, where and why Blockchain technology and/or Digital Assets are being used in various industries and jurisdictions globally. Cyber.FM Radio, a product of Distributed Ledger Performance Rights Organization (DLPRO LLC), was established in 2008 and has 4.6 million listeners across 140 countries.
As two Neo-money Industries are revving up: can Fintech and Blockchain co-exist? - Sheldon Dearr discusses his article
Sheldon Dearr with Jonny Fry and James Tylee from Team Blockchain. Blockchains and other financial technologies live in misunderstood polarity. They need each other, they depend on similar money-transmitter laws, but they're culturally at odds. Will differences shrink or grow over time, and why?
November 26, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Sheldon Dearr
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Will digital currencies wax and wane as ISO 20022 is adopted? - the introduction of ISO 20022 in March 2023 will be a huge upgrade for the way in which financial institutions will be able to exchange information about payments. ISO 20022 will allow much more structured data to be shared - upgrading SWIFT’s forty year old messaging system and potentially giving fiat currencies the ability to compete with CBDCs and other digital currencies. Alternatively, will ISO 20022 enable cryptocurrencies, fintech companies and potentially TradFi firms to create their own ISO-compliant digital currencies and provide a range of new value-added services to rival the incumbent banks and payment providers? Full Article Here Blockchains cut the cost of international trade - with the multiple advantages of digitising trade documents already clear, several countries and industries are adopting digital solutions in their ports. In the UK, the Electronic Trade Documents Bill was introduced this year, designed to put digital trade documents on the same legal footing as paper-based copies. Full Article Here DAOs in the financial services sector - the financial industry has long suffered at the hands of the traditional banking system, which produces a variety of disadvantages for customers. A decentralised autonomous organisation (DAO) is a blockchain-based organisation that functions independently of any central leadership or boards of directors. In contrast to decentralised finance (DeFi), which uses blockchains to replace trusted third parties in banking, lending, investing and other financial transactions, DAOs transfer some, or all, decision-making power in a highly transparent manner whereby laying out the rules for all to see and codifying decision-making by using technology such as smart contracts. Full Article Here As two neo-money industries are revving up: can fintech and blockchain co-exist? - blockchains and other financial technologies live in misunderstood polarity. They need each other, they depend on similar money-transmitter laws, but they're culturally at odds. Will differences shrink or grow over time, and why? Full Article Here
November 26, 2022
DAOs and the Centralization of Voting Power: Peter Habermacher, CEO, Aaro Capital sits down with Jonny Fry and James Tylee of Digital Bytes
Decentralised autonomous organisations (DAOs) provide a novel way of governing by using smart contracts that automate voting in a trustless and transparent way. However, in many DAOs the voting power is overly concentrated to just a few members. We examine the reasons and consequences of concentration, together with the governance trade-offs that DAOs face. Full Article Here
November 26, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Peter Habermacher, CEO, Aaro Capital
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Could the greenback from Uncle Sam be replaced by a ‘green-backed’ digital currency? - for over 100 years the US$ has been the world’s reserve currency. Whilst its demise has been heralded many times, as with all things at some time it will be replaced. But, by what? Will Brazil, Russia, India, China and South Africa (BRICS) create their own digital unit of exchange or, arguably, could we see the most pressing issue of our time - climate change - usher in a ‘green-backed’ digital currency? Full Article Here What exactly is Web 3.0? - open protocols developed the internet and undoubtedly its evolution has been remarkable. Web 1.0 paved the way for many of the internet's essential assets and platforms, the second generation of the web, branded Web 2.0, witnessed the growth of centralised systems allowed by closed protocols and the decentralised web, or Web 3.0, is a hot topic. One of the most significant components of Web 3.0 is the importance of the best use cases. Full Article Here CBDCs: the good, the bad and the ugly - central bank digital currencies have a tendency to polarise people, in that some are supportive of this new form of digital currency whilst others are outright hostile. There are grave concerns that a CBDC is a charter to undermine personal privacy, since those who run and control CBDCs could have the power to monitor who is spending what, where and with whom. The promise of a tool to help counter the shadow economy and reach out to the unbanked does indeed hold attractions - but at what cost? Full Article Here DAOs and the centralisation of voting power - decentralised autonomous organisations (DAOs) provide a novel way of governing by using smart contracts that automate voting in a trustless and transparent way. However, in many DAOs the voting power is overly concentrated to just a few members. We examine the reasons and consequences of concentration, together with the governance trade-offs that DAOs face. Full Article Here Non-fungible Tokens Course Offer: Having been continually asked for our thoughts on NFTs, we have decided to create a series of short videos and roll them into a course so as to help people have a better understanding about these tokens Click here to access it. As a subscriber to Digital Bytes, you can save 20% on our new NFT course. Normally $39.98 but using the discount code DBYTES20 you can get it for $31.98
November 26, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Dale Chrystie - Business Fellow and Blockchain Strategist at FedEx
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Is the digitalisation of $100trillion of assets a lifeline for traditional stock exchanges? - the asset management industry is beginning to understand the benefits of digitalisation and is offering digital funds to investors. The underlying funds remain the same but are made available in a digital wrapper. These new digital funds enable greater transparency, stronger risk management and compliance controls as well as enabling some funds to be sold to new investors. Whilst being quoted on a variety of new digital exchanges, digital funds also offer a huge market for existing stock exchanges. Full Article Here How blockchain is changing the recruitment process - although the digital transformation that accompanied the pandemic hasn't had a significant effect on resume screening, modern solutions are facilitating recruitment processes and making them faster, easier and more efficient. Blockchain technology is being used to collate, manage and store CVs with some firms already using the metaverse to help recruit new staff. Full Article Here How blockchains are supporting renewable and fossil fuel producers of energy - the integration of a large power generation capacity from renewable sources is only one example of how the energy transition might benefit from blockchain technology's potential for managing complexity. Blockchains are also being used by major petrochemical companies to help improve the trading of oil and gas products, supply chains as well as overall efficiency. Full Article Here Nine myths about blockchain - adoption of blockchain/Web3 continues to be restrained by a number of myths and by conventional wisdom. ‘Who, what, and when’ have held back ‘why’ as to what should be the primary driver of this discussion. And when we get to ‘why,’ it also takes us down the ‘coopetition’ path, meaning that for blockchain/Web3 to scale it will take a global village working together in a pro-competitive effort – for the benefit of all. It is not about where we compete - it is about where we can agree. Full Article Here Non-fungible Tokens Course Offer: Having been continually asked for our thoughts on NFTs, we have decided to create a series of short videos and roll them into a course so as to help people have a better understanding about these tokens Click here to access it. As a subscriber to Digital Bytes, you can save 20% on our new NFT course. Normally $39.98 but using the discount code DBYTES20 you can get it for $31.98 Click below to listen to the latest Digital Bytes Show on Cyber.FM Digital Bytes Show
November 25, 2022
Nine Myths About Blockchain - Dale Chrystie - Business Fellow and Blockchain Strategist at FedEx talks about his Digital Bytes article.
Adoption of blockchain/Web3 continues to be restrained by a number of myths and by conventional wisdom. ‘Who, what, and when’ have held back ‘why’ as to what should be the primary driver of this discussion. And when we get to ‘why,’ it also takes us down the ‘coopetition’ path, meaning that for blockchain/Web3 to scale it will take a global village working together in a pro-competitive effort – for the benefit of all. It is not about where we compete - it is about where we can agree. Full Article Here
November 18, 2022
Zed Tarar sits down with Jonny Fry and James Tylee to discuss "Why diplomats and governments need to pay attention to crypto."
How many of us check any email recipients’ physical addresses before hitting the send button? Whether they are in Mogadishu or Mexico City or Miami, as long as the recipients are connected to the internet, they’ll receive your message. Now imagine that same frictionless protocol applied to value - not just currency, but assets and information. Just as the internet up-ended government control over communication and information, blockchain technology will revolutionise ownership.
November 11, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Zed Tarar an MBA candidate at the London Business School
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Crypto infrastructure maturing, but what are the institutions really focused on? - global financial institutions have built the infrastructure to buy, sell and store cryptocurrencies. However, given that cryptos are relatively small in terms of adoption and market capitalisation, is there a hidden agenda as we see the financial services sector digitally transforming its products and services? Full Article Here How to invest in the metaverse - aside from its promising market spectrum, large companies and professional VC and PE firms are increasingly pouring capital into the metaverse. This year Microsoft made its biggest ever acquisition of $70billion, acquiring Activision Blizzard as a move into securing a major spot in the metaverse. Meta (Facebook’s new name) has invested $10billion to acquire and develop its hardware and software offerings with a strong focus on virtual reality (VR) capabilities within the metaverse. So, with VC and PE investors allocating capital to the metaverse, maybe you ought to find out more about the metaverse and see if you ought to buy into it as well…. Full Article Here How blockchain is set to impact manufacturers - the size of the blockchain technology market is predicted to grow in value by 87% p.a. and be worth over $1.59trillion by 2030. There already exist a number of manufacturers using blockchains so as to improve efficiency in supply chains, help reduce fraud and give greater transparency. Blockchains are providing the ability to track and trace goods from their raw materials to the final distributor/retailer in almost real-time, so engendering higher levels of confidence and trust - two key attributes in highly complex international multi-jurisdictional supply chains. Full Article Here Why diplomats and governments need to pay attention to crypto - how many of us check any email recipients’ physical addresses before hitting the send button? Whether they are in Mogadishu or Mexico City or Miami, as long as the recipients are connected to the internet, they’ll receive your message. Now imagine that same frictionless protocol applied to value - not just currency, but assets and information. Just as the internet up-ended government control over communication and information, blockchain technology will revolutionise ownership. Full Article Here New non-fungible Tokens Course Offer: Having been continually asked for our thoughts on NFTs, we have decided to create a series of short videos and roll them into a course so as to help people have a better understanding about these tokens Click here to access it. As a subscriber to Digital Bytes, you can save 20% on our new NFT course. Normally $39.98 but using the discount code DBYTES20 you can get it for $31.98
November 11, 2022
Olaf Ransome from The Realization Group: Traditional and decentralised finance: the era of convergence?
Traditional and decentralised finance are no longer the strangers they once were. These two once disparate worlds are colliding whilst at the same time multiple new technologies are converging to fundamentally change the future of finance. But what does the ‘era of convergence’ mean today? How are traditional firms embracing the digital asset revolution? And why are blockchain and crypto firms also beginning to look to traditional finance for some key aspects?
November 08, 2022
Soapbox Alert: Is the Metaverse Really All It's Cracked Up To Be?
James and Jonny, guest free, guilt free, and .... maybe thought free! The metaverse is disappointing certain people, is it worthy? Is Meta the Metaverse?
November 08, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Olaf Ransome from The Realization Group
The role of blockchains for supply chain management in the food industry - the supply chain management process plays a critical role in the food industry. Blockchain technology offers the food industry new tools to improve food safety, reduce waste, offer provenance of supplies and bring together diverse stakeholders over what can be complex global supply chains. Blockchain technology is also being used in the food industry by firms such as Starbucks to make loyalty programs more attractive and engaging. Full Article Here The challenges with digital assets being hacked - news about digital assets being hacked used to be a once-in-a-while event. After all, one of blockchain technology’s most lauded qualities was indeed the low chance of its security being breached. Now, desperation of hackers and thieves have taken a new turn and hacks occur with increasing regularity. This article will proffer answers to the following questions: Why are news of hacks becoming more prominent? Why and how do they happen? And, how can owners protect themselves? Full Article Here Central bank digital currencies (CBDCs) - many people feel that conventional or fiat currencies may one day become obsolete and be replaced with central bank digital currencies. It is likely that CBDCs will initially be used by institutions and coexist alongside traditional fiat currencies as there are grave concerns around the privacy of private citizens’ spending to be tracked and traced with a CBDC. However, as our lives and business become more digital, will the alure of CBDCs become too attractive? Full Article Here Traditional and decentralised finance: the era of convergence? - traditional and decentralised finance are no longer the strangers they once were. These two once disparate worlds are colliding whilst at the same time multiple new technologies are converging to fundamentally change the future of finance. But what does the ‘era of convergence’ mean today? How are traditional firms embracing the digital asset revolution? And why are blockchain and crypto firms also beginning to look to traditional finance for some key aspects? Full Article Here New non-fungible Tokens Course Offer: Having been continually asked for our thoughts on NFTs, we have decided to create a series of short videos and roll them into a course so as to help people have a better understanding about these tokens Click here to access it. As a subscriber to Digital Bytes, you can save 20% on our new NFT course. Normally $39.98 but using the discount code DBYTES20 you can get it for $31.98
November 08, 2022
CC Forum on Digital Bytes, we sit down with Marco Aniballi of Block Box, LLC who spoke at CC Forum and wrote "Blockchains and sustainable development"
- blockchain, along with its close friend, AI, and their ‘children’ - DAOs, NFTs and metaverses - are being watched globally to see if they will be the next panacea for the world’s crises. Whilst being no magic bullet, blockchain technologies have the unique capacity to provide automated solutions that certainly support many of the United Nations’ (UNs’) ESGs. Full Article Here Reach out to Marco Aniballi at https://block-blox.com
October 25, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring CC Forum with Marco Aniballi of Block Box, LLC
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: The music industry has digitally transformed and now that the asset management sector is too - many industries have put a digital wrapper around their businesses, promoting themselves online via their websites, emails, artificial intelligence, cloud computing, etc. However, digital transformation is about business transformation and not merely about having the ability to digitally interact with clients and suppliers. We have witnessed the music industry digitally transform and now we are seeing the asset management industry follow suit as more digitised/tokenised funds are being created. Full Article Here How blockchain technology can help fight fake news - as digital disinformation and misinformation increase, the media industry faces a profound crisis of confidence. At the centre of this problem is a disconnection with the audience in the era of social media. To mitigate this, tech companies have stepped in as the gatekeepers of information - proposing several solutions. Of these, there is an emerging technology with the potential to address most of the root causes of (and risks associated with) misleading and manipulated media - that is, blockchain. However, the question of exactly how the blockchain technology limits the spread of fake news should be addressed. Full Article Here How the metaverse is changing business - the size of the global metaverse market is predicted to reach $426.9 billion by 2027 (currently it is valued at $61.8 billion). Global brands such as Nike, KPMG and Accenture have already embraced the metaverse and we have also seen firms such as Facebook (which rebranded as Meta in 2021), Microsoft, Google and Apple pouring capital into it. Easy to dismiss the metaverse in the same way as some did with mobile phones or the internet but, as the virtual and physical worlds become blended, it does seem the metaverse is set to change businesses in many ways. Full Article Here Blockchains and sustainable development - blockchain, along with its close friend, AI, and their ‘children’ - DAOs, NFTs and metaverses - are being watched globally to see if they will be the next panacea for the world’s crises. Whilst being no magic bullet, blockchain technologies have the unique capacity to provide automated solutions that certainly support many of the United Nations’ (UNs’) ESGs. Full Article Here
October 25, 2022
Metalink Capital on Digital Bytes - Managing digital assets: opportunities and challenges
- despite the recent downturn in many asset classes, there is an ongoing interest in having exposure to digital assets. Arguably, this is best achieved via professional managed funds as there undoubtably remain challenges as well as opportunities presented by having exposure to this exciting, but volatile, asset class. Full Article Here
October 24, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Metalink Capital
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: How will the metaverse impact e-commerce? - to most people, the metaverse is all about gaming and entertainment. But much more than gaming and entertainment, the metaverse has a notably important role to play in the business world. We all know the internet has changed the way we connect, live, shop and much more. It has totally changed the way retail businesses operate around the world through massive digitalisation, and now the metaverse, too, is set to have a profound impact on e-commerce. Full Article Here Fashion in the metaverse - digital fashion's basic concept might be confusing to some, mainly because it involves purchasing and trying on outfits that do not exist outside of a computer screen. Nonetheless, many industry insiders are starting to embrace the metaverse as part of the way they engage with customers, undoubtedly now altering the future of fashion industry. Will the fashion publication, Esquire, prove to be correct? Full Article Here How blockchain technology and digital assets impact sport - blockchain and digital assets are increasingly being used by sports teams across the world to tackle some of the challenges around ticketing, as well as being used to explore new ways to commercialise the intellectual property owned by clubs and players alike. Using smart contracts and NFTs, sporting memorabilia can become long-term revenue generators as opposed to the one-off sales they have been historically. Full Article Here Managing digital assets: opportunities and challenges - despite the recent downturn in many asset classes, there is an ongoing interest in having exposure to digital assets. Arguably, this is best achieved via professional managed funds as there undoubtably remain challenges as well as opportunities presented by having exposure to this exciting, but volatile, asset class. Full Article Here
October 24, 2022
James Tylee from Team Blockchain: One billion disabled people globally: is your business ignoring them too?
- in a society that strives to be woke, inclusive and mindful of its ESG credentials, the world’s disabled are often ignored. An app to reward both the able-bodied and disabled while they exercise has been established and pays its users in crypto tokens, which can be used to pay for equipment and future workshops. How inclusive is your company really and has it ignored this huge market? Full Article Here
October 24, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring ...James Tylee Discussing Disabilities in Business.
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: NFT and copyright challenges - since the explosion of non-fungible tokens (NFTs) in 2021, copyrights have been a major problem in the industry as many fake and cloned NFTs have been sold to individuals who have little or no knowledge about them. Although there are many authentic tokens which have been sold for substantial amounts, the internet is full of copied products of several authentic NFTs. In the US, internet copyrights are very clear and infringements can result in fines of up to $150,000. So to some extent, NFTs are, at least and in essence, afforded some protection. Full Article Here Challenges of keeping your digital assets private - in theory, using blockchain technology to issue digital assets has offered greater privacy and enabled transactions to be carried out in a highly confidential manner using crypto graphic security, meaning that a third party such as a bank was no longer required or could know what the nature of the transaction was. Given that, in some countries it is illegal to spend more that €1,000 in cash, could we see transactions using stablecoins or CBDCs being challenged? Would you be happy if customs officers seized your phone at an international border and could review your digital assets? Full Article Here Adoption of digital assets in the US - the US FED is considering the merits of issuing its own CBDC and is one of the most vocal countries with respect to digital assets. But the US itself is not actually as fast in adopting digital assets. The crash of Terra Luna has strengthened some concerns expressed by lawmakers regarding this asset class and has arguably stemmed the tide on further widescale embracement of digital assets. Full Article Here One billion disabled people globally: is your business ignoring them too? - in a society that strives to be woke, inclusive and mindful of its ESG credentials, the world’s disabled are often ignored. An app to reward both the able-bodied and disabled while they exercise has been established and pays its users in crypto tokens, which can be used to pay for equipment and future workshops. How inclusive is your company really and has it ignored this huge market? Full Article Here
October 24, 2022
Jonny Fry and James Tylee of Team Blockchain all alone, with respect for the Queen, discuss one Soap Box-ish Article teaching James about energy!
The global economy stutters, but maybe we will see lower electricity prices - An analysis of the current economic backdrop of rising inflation, lower economic growth and the prospect of interest rates increasing further. Coupled with this we have seen the prospect of utility bills rising substantially, particularly in Europe and the UK. However, help may indeed be at hand. If Europe can weather this winter, then more time can be created to source alternative energy supplies. Borrowings, which are forecasted to escalate further for the EU and UK governments, may result in being less and therefore put a halt to the surging value of the US$.
October 06, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Fraser Edwards, CEO of Cheqd
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: How blockchain technology can support corporate ESG credentials - due to its tamper-resistant nature, blockchain fits as an assurance of accuracy and transparency of data. This decentralised database of records is designed to facilitate raw data authentication problems. The technology acts as a light node to transfer the data of smart infrastructure or devices to the blockchain network, thus offering greater transparency whilst maintaining privacy of data. As mandatory corporate and sustainability reporting becomes more common, accurate and verified documentation to support transparency becomes essential. Therefore, to comply with ESG standards, blockchain technology could prove to be a valuable tool. Full Article Here Challenges of losing your digital assets - digital assets are valuable but need to be handled carefully. In many cases, once lost, they cannot be recovered or replaced (unlike other assets, such as if you lose the deeds to your house or your share certificates). The loss of cryptocurrencies and other digital assets powered by blockchain technology can equally be a real challenge when people die and have not left a password to their beneficiaries. Recovering lost, stolen or hacked blockchain-based assets may not be possible if the private key to retrieve them is nowhere to be found. It is therefore advisable to keep a copy of your password in a secure place, as well as ensuring the assets themselves are not easy to access. Full Article Here Smart contracts: their impact on business and your savings - smart contracts are changing the way in which business is being transacted, ushering in new, more competitive and efficient markets based on merit as opposed to global brand recognition. Smart contracts can be programmed to search out and select the most competitive returns on saving products as well as being used in many different industries, automating processes, and cutting costs as well as enabling smaller companies access to markets and consumers. So, how will smart contracts effect your company and/or your savings in the future? Full Article Here SSI vs SBTs vs Web5 - since Jack Dorsey’s announcement of Web5 straight after Vitalik Buterin’s introduction of the soulbound tokens (SBTs), the decentralised web has been buzzing and making waves in the mainstream media. Although these are two separate announcements, both have been essentially putting the decentralised digital identity technology - self-sovereign identity (SSI) - in the spotlight. This article compares SSI to SBT and argues that SSI has been repackaged as Web5. Full Article Here
October 06, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Daniel Coheur Co-founder at Tokeny
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Ethereum’s: the Merge - Ethereum’s (ETH) long waited upgrade, ‘the Merge’, has heralded an exceptional occurrence in the crypto space because its success could kickstart a number of chain reactions. But a lot has happened since the Ethereum network began merging with Beacons Chain, raising many questions for both members and non-members in the crypto space, such as: Is the reduction in energy consumption the only benefit, and what does this spell for the Ethereum network? Full Article Here How blockchains are helping governments and the public sector - since 2008, blockchain technology has evolved and found various areas of applications where ‘trust’ is a challenge. The public sector has become a principal area of application in which governments and public sectors have announced several use cases all around the world. Digital currency/payments, creation of smart cities, supply chain traceability, public sector procurement, data management, taxation, voting, and legal entities management are some areas where blockchain technology is being used to help governments and public sectors be more transparent and more efficient. Full Article Here NFT’S: a beginner’s guide - Mainstream society doesn’t always properly comprehend innovation and this too seems to be the case with NFTs. NFTs are being embraced increasingly by global brands and organisations and are predicted to be the way that value is transferred as well, and goods and services will be paid for in the metaverse. NFTs have captured the imagination and indeed the headlines as with any asset class it has also attracted its fair share of nefarious characters. In essence we are only really beginning to understand how NFTs can be used in a variety of situations. Full Article Here Open-source ERC3643 brings standardisation and interoperability to digital securities - standardisation is an essential component in the steps towards mainstream adoption since it brings interoperability, security, and efficiency. In the blockchain world, token smart contract standards serve the same purpose. There are token standards for minting different types of tokens, such as ERC20 for utility tokens, ERC721 for NFTs, and ERC3643 for permissioned tokens (digital securities, stablecoins, etc.). These standards are open-source, allowing any developer to use and build their projects on top of them freely. Full Article Here
October 05, 2022
Muslims and the Metaverse - Jonny Fry is shocked over some casual conversation while promoting our Digital Bytes Podcast... worthy of a "Soap Box!"
Muslims and the metaverse - the Islamic faith is practiced by approximately 1.8 billion people worldwide, 240 million of whom live in Southeast Asia but for a metaverse to be generally permissible in this area of the globe, it would need to be in line with the guiding principles of the Islamic faith, known as Shariah. When considering this, therefore, a Shariah-based metaverse could have the potential to be value-adding and beneficial for everyone - Muslim or non-Muslim. Full Article Here
October 05, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Andy Rosen from File Protected
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: The rise of ‘digital nomads’ and decentralised autonomous organisations (DAOs) - it is estimated that by 2035 there could be as many as one billion digital nomads globally, which could generate $5.5trillion of tax revenues. No wonder governments are scrambling to attract these young, mobile and well-educated workers. At the same time, as workers are becoming decentralised, we are also seeing the emergence of new types of decentralised governance to run businesses (DAOs) and decentralised financial products and services (DeFi). So, how will governments and regulators respond? Full Article Here Lessons from the failure of Halifax Bank of Scotland and the Prudential Regulatory Authority’s final decision to take no action on the senior management’s actions - Halifax Bank of Scotland had billions of taxpayers’ money pumped into it to keep it from failing and whilst the Parliamentary Commission on Banking Standards raised some very strong concerns nine years ago, the UK regulator (Prudential Regulatory Authority), has decided no, action is to be taken against senior management. In today’s world, Blockchain technology offers the promise for regulators to be able to have access to real time information and greater transparency. Furthermore, the use of smart contracts can create stronger and more compliant risk controls and procedures, so improving the robustness of the financial sector. Are the lessons not retribution and more regulation, but greater use of technology too? Full Article Here How blockchain is impacting the insurance industry - blockchain-powered solutions addresses many issues for the traditional insurance sector and it is predicted blockchain will lead to $3.1 trillion in new business value by 2030. Although blockchain technology is in its early stages in the insurance industry, the transparency, immutability, security and speed it offers could undoubtedly transform the way the sector operates. Full Article Here Why are venture capitalists investing in the metaverse ? - capital continues to pour into both the metaverse and also businesses involved in building Web 3 services and infrastructure. The FANGMs (Facebook, Amazon, Netflix, Google and Microsoft) which dominated Web 2 may find Web 3 is not as easy to monopolise as they grapple with decentralised autonomous organisations (DAOs) from their centralised command and control boardrooms. Full Article Here
October 05, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Jasmine Birtles from MoneyMagpie
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: By 2030, metaverse revenues p.a. to be worth more than the GDP of Japan - it is estimated that the metaverse will generate $5trillion of turnover by 2030; that is, more than the GDP of the world’s third largest economy. Globally, the metaverse is set to change the tourism, retail, entertainment and education sectors, to name just a few, and potentially alter city plans. Full Article Here Whose money is it anyway? How blockchain technology can give control back to investors - it is easy for asset managers to be complacent and forget that they are purely the managers of other people’s money. Whilst these managers believe they are acting in the best interest of their mutual fund holders pursuing ESG practices, such unit holders are not able to vote on corporate matters nor enjoy shareholders perks. There has been a trend to general disengagement between the actual shareholders and the boards of quoted companies since some forget whose money is it anyway. By offering digital versions of traditional assets, we can offer greater transparency and inclusiveness and hopefully more direct engagement with organisations and investors. Full Article Here NFTs are alive and well - even in the face of a downturned market, enthusiasm and optimism still exist amongst early NFT adopters. This was evident in the recently held NFT.NYC, which was the largest global NFT event to date with over 16,000 attendees. Thought leaders in every category of NFT shared their thoughts about the current market and future trends. In addition, many major brands participated by sharing how they are using NFTs to engage with their fans. Full Article Here Why I will fight CBDCs all the way - central bank digital currencies are beloved of central bankers and governments, but what do they mean for the average citizen? Could we be staring down the barrel of autocratic government underpinned by a digital currency that, whilst convenient, gives far too much power to the central authority? Full Article Here
October 05, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Cowen Digital
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Muslims and the metaverse - the Islamic faith is practiced by approximately 1.8 billion people worldwide, 240 million of whom live in Southeast Asia but for a metaverse to be generally permissible in this area of the globe, it would need to be in line with the guiding principles of the Islamic faith, known as Shariah. When considering this, therefore, a Shariah-based metaverse could have the potential to be value-adding and beneficial for everyone - Muslim or non-Muslim. Full Article Here A step in the right direction: commentary on the Law Commission’s proposals for digital assets’ reforms - this article contains a summary and comments on the Law Commission’s Consultation Paper on digital assets. The paper proposes a number of important reforms aimed at properly equipping the law to deal with the often unique challenges arising out of the increasingly important areas of digital assets, including NFTs and other crypto-tokens. Full Article Here Blockchain in agriculture: how the technology is disrupting farming - blockchain has made it possible to improve the quality of the food supply chain and maintain the trust between the customers and farmers by constantly tracking the source of various foods. Blockchain allows for the facilitation of various information-driven innovations in order to herald the era of smart farming. Furthermore, when combined with the concept of smart contracts, it makes transactions between various stakeholders timelier. Full Article Here ‘Crypto winter’ may be here (again) but blockchain and digital asset innovation are quietly thriving in the summer heat - in recent times cryptocurrency prices have plummeted, with market confidence shaken. Yet not all is as gloomy as it might seem. Albeit Bitcoin’s many alleged funerals, the reality is that so-called ‘crypto winters’ have thus far not resulted in the death of Bitcoin (or crypto assets more broadly). Whilst fears about price volatility are often used as sticks to beat up the crypto industry, there is another perspective that often gets lost in the noise. No matter what the price of Bitcoin or other leading cryptocurrencies is, the past decade has seen multiple waves of technical innovation spinning out from, and inspired by, the creation of Bitcoin. Surely that innovation is here to stay… Full Article Here
October 05, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring David Parsons and Antony Abell, founders of TPX™ Property Exchanges in London
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Tokenisation is not new, but where does it lead to? - tokens have been used in the UK since the 17th century and payments have used tokenisation to protect data since 2001. Now we are seeing a rise in tokenisation of assets disintermediating traditional financial markets. With the tokenisation of cash and mutual funds, could this be the ‘killer’ use case of blockchain technology? But do we actually want our data tokenised and used by others? Full Article Here The blockchain-based project just switching on the lights for 3,000 Senegal villagers - there are still 733 million people around the world who do not have access to electricity. Closing this energy infrastructure gap and bringing electricity to more communities is one of the reasons the #connect2evolve project was founded to deliver clean, decentralised power to communities with little or no access to electricity. Transparency of how funds are used is one of the biggest challenges when attracting backing for projects. The #connect2evolve team, together with partner AfricaGreentec (AGT), devised a model that could provide 3,000 people with sustainable electricity whilst using blockchain technology to track and report on the project’s impact to donors and investors. Full Article Here Stablecoins and CBDCs: do they potentially undermine financial markets? - the use of digital assets such as stablecoins and CBDCs has seen a change in advocates, from the crypto community championing adoption to now being driven by central banks and governments. Digital assets offer some clear advantages, such as lower costs, and can improve financial inclusion - but could they in fact undermine financial markets and be the death nell for fractional banking? Full Article Here The new rule of law - "Digital Assets" - for a high level look at the relationship of our legal systems and the legal rights of assets in their representative digital asset format, the two founders of the London based TPX™ Property Exchanges have produced a compelling article. The article highlights the progress of the legal and financial professions in recognising and enforcing property rights in this area of ‘liquid property’ and the impact that this could have on all of us, both as functioning economies as well as societies, in a high inflation economic cycle. Full Article Here
October 05, 2022
Cowen Digital Podcast: ‘Crypto winter’ may be here (again), but blockchain and digital asset innovation are quietly thriving in the summer heat!
In recent times cryptocurrency prices have plummeted, with market confidence shaken. Yet not all is as gloomy as it might seem. Albeit Bitcoin’s many alleged funerals, the reality is that so-called ‘crypto winters’ have thus far not resulted in the death of Bitcoin (or crypto assets more broadly). Whilst fears about price volatility are often used as sticks to beat up the crypto industry, there is another perspective that often gets lost in the noise. No matter what the price of Bitcoin or other leading cryptocurrencies is, the past decade has seen multiple waves of technical innovation spinning out from, and inspired by, the creation of Bitcoin. Surely that innovation is here to stay…
August 26, 2022
Team Blockchain on Cyber.FM sits down with Timo Lehes from Swarm
Crypto’s flight to transparency- the decision to freeze withdrawals by Celsius and Three Arrows Capital only weeks after Terra’s algorithmic stablecoin collapsed has dealt yet another blow to investor confidence in crypto. The regulatory and, ironically, transparency puzzle pieces are still missing from the crypto jigsaw.Recent events have been attributed to failings of decentralised finance (DeFi), however, contrary to popular belief, DeFi actually did its job. Investors are now hyper-aware of how their assets are being treated or rehypothecated and are demanding more transparency.
August 11, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring James Kaufmann, partner at Howard Kennedy
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Blockchain and crypto adoption in Latin America - some Latin American countries have turned to virtual money as a safer and more profitable option following the fall in government-regulated currencies. Between 2019 and 2021, the use of cryptocurrencies in Latin America rose by 1,370%; at about the same time, El Salvador approved Bitcoin as an official legal tender, becoming the first country to do so. Meanwhile, we are seeing a growing use of blockchain technology in a variety of business sectors. Digital assets in vehicles - in February 2022, Porsche became the first auto manufacturer to successfully test blockchain in its cars, with many other car manufacturers also exploring ways to integrate this game-changing technology into their vehicles. Between themselves, they are all aiming to take advantage of its potential to dramatically change how information or data is stored and used, subsequently enhancing transparency and security and improving transactions. Is decentralisation the next evolution of UK financial regulation? - with the continued growth in both the range and reach of digital assets, how will financial regulation evolve? In this article, the issues and challenges facing those looking to regulate crypto in the UK are summarised with comments on the fact that rather than fight it, regulators need to embrace and learn from crypto and distributed ledger technology. The Securities Exchange Commission (SEC) fights to stay relevant for the crypto market - the SEC has been actively pursuing crypto firms whom it believes have broken security regulations and has issued over 80 fines ($2billion) so far. However, the role of crypto regulator may pass to the Commodities Futures Trading Commission (CFTC), not the SEC, and thus give the US crypto-regulatory clarity whilst encouraging innovation for digital assets.
August 11, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Timo Lehes of Swarm Markets
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics: Is the UK more receptive to digital assets than you think? - the Financial Conduct Authority (FCA) has come under pressure to speed up the time it takes to admit new organisations to its crypto register and has also provided greater regulatory clarity around digital assets. Meanwhile, the UK government, Treasury and HMRC have all been vocal in their support for digital assets, as can be seen with the UK looking to issue its first blockchain-based debt instrument. How blockchain is impacting the electric vehicle market - climate change has been one of the biggest concerns of humankind, our actions very much having fast-tracked these changes over the last century. One such activity is by the transportation of ourselves as humans. This mere activity has caused severe connotations for the environment and climate at large. Electric vehicles have emerged to solve this problem, but the adoption of electric vehicles creates another problem of its own. This article will be looking at the many ways blockchain technology can solve this problem. How the metaverse will change the world - many companies are engaging with the metaverse, already partnering amongst themselves, pouring capital and raising funds. In 2021, $10 billion was raised by metaverse-related companies, surpassing as much as twice what they raised in the previous year. The global value creation opportunity from the metaverse is predicted to be $1trillion by 2030, and potentially will change our world. Crypto’s flight to transparency- the decision to freeze withdrawals by Celsius and Three Arrows Capital only weeks after Terra’s algorithmic stablecoin collapsed has dealt yet another blow to investor confidence in crypto. The regulatory and, ironically, transparency puzzle pieces are still missing from the crypto jigsaw.Recent events have been attributed to failings of decentralised finance (DeFi), however, contrary to popular belief, DeFi actually did its job. Investors are now hyper-aware of how their assets are being treated or rehypothecated and are demanding more transparency.
August 04, 2022
Howard Kennedy Podcast: Is Decentralisation The Next Evolution Of UK Financial Regulation? -By James Kaufmann
With the continued growth in both the range and reach of digital assets, how will financial regulation evolve? To James Kaufmann, there is only one answer; regulation needs to learn from crypto and become decentralised, agile and innovative. Jack Dorsey (allegedly) said that life happens at intersections. We are at a crossroads. And if we aren’t careful in the UK, we will have let life pass us by. In this article, James summarises the issues and challenges facing those looking to regulate crypto in the UK. And argue that rather than fight it, regulators need to embrace and learn from crypto and distributed ledger technology.
August 04, 2022
Cryptocurrency Volatility Provides An Incentive For Robust Regulatory Framework
Different jurisdictions have taken a variety of approaches when it comes to regulating cryptocurrencies. Despite the recent falls in cryptocurrency markets, there is still institutions' interest in this asset class. However, in order to achieve largescale crypto adoption by institutions, clarity around how cryptos are regulated is required.
July 28, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Dave Shastri, Chief Strategy Officer, Truss Edge
Welcome to this week’s Digital Bytes which as articles on the following topics: Blockchain and mutual funds: the choice is about to explode - increasingly, investors have access to blockchain technology either by investing in firms which are actively engaged with the technology or by purchasing digitised mutual funds. The use of blockchain technology that powers much of the crypto industry is potentially set to challenge and have a far greater impact on the asset management industry than cryptos ever will. Therefore, your savings and pensions will also be impacted, although many mutual fund holders will not even realise it. Blockchain in the medical industry - the principle on which blockchain technology functions is very straightforward and constantly evolving, increasing the network of blocks that adapt to industries’ needs and specific characteristics. Alongside being a catalyst for utmost accountability, its accurate, secure, and tamper-resistant nature makes it seemingly impossible to mimic, falsify or manipulate data. Blockchain has unlimited benefits in the medical industry, bringing improvements to different healthcare actors. Blockchain technology: its impact on the legal profession - the introduction and use of any technology in the legal sector is at risk of being a slow process since lawyers are inherently cautious and reluctant to change - they know only too well the potential legal and financial implications involved. Blockchain technology is creating considerable legal work for lawyers from those organisations involved with NFTs, the metaverse, digitisation of equities, debt instruments, mutual funds, real estate etc. Furthermore, the technology is being used in the form of holding, sharing and storing data as well as smart contracts, all offering the proposition of automating but certainly not replacing lawyers. Cryptocurrency volatility provides an incentive for robust regulatory framework - different jurisdictions have taken a variety of approaches when it comes to regulating cryptocurrencies. Despite the recent falls in cryptocurrency markets, there is still institutions' interest in this asset class. However, in order to achieve largescale crypto adoption by institutions, clarity around how cryptos are regulated is required.
July 28, 2022
Tokenisation As A Solution by Chris Luck, Partner at CMS Law
A summary of a recent webinar by Chris Luck, a partner at CMS law, that considered the benefits and examples of how digital assets are evolving and technology is being applied in the sector. The webinar addressed some important questions, is the recent crypto news volatility a game-changer? Will tokenisation of assets and digital technology continue to grow if so how, and is technology and regulation in a better shape?
July 28, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Chris Luck at Partner at CMS Law
Welcome to this week’s Digital Bytes which as articles on the following topics: Blockchain and copyright: is the recent brouhaha over Boarded Apes just monkey business? - Andy Rosen has had a highly successful career as a professional photographer in London and Hollywood. He has been a builder of a blockchain-based app who has also analysed and traded cryptos for over six years. This article gives his thoughts on how he believes blockchain technology can help in relation to copyright protection and what is happening with one of the most valuable collections of NFTs - Bored Apes. Challenges in bridging the institutional divide between TradFi and DeFi -Traditional Finance (TradFi) needs to evolve and adapt to embrace Decentralised Finance (DeFi). Two key challenges exist: firstly, to ensure that the regulation of DeFi has the same, if not better, standards than TradFi whilst being able to harmonise different jurisdictions' regulatory approaches and secondly, blockchain technology makes data potentially more transparent and available but it is fundamental to understand what gaps there are in the data. How blockchain technology and the metaverse are helping the mental health sector - facemasks and hand sanitisers are not the only things popularised by the COVID-19 pandemic. Mental health became a topic most could relate to during this time as many people’s mental well-being was affected in one way or the other. Both blockchain technology and the metaverse are proving to be able to offer some solutions to growing mental health sector issues. Caution is needed, however, as potential over-use of the virtual lands within the metaverse could exacerbate mental health challenges in the same way in which social media platforms have done so already. Tokenisation as a solution – A summary of a recent webinar by Chris Luck, a partner at CMS law, that considered the benefits and examples of how digital assets are evolving and technology is being applied in the sector. The webinar addressed some important questions, is the recent crypto news volatility a game-changer? Will tokenisation of assets and digital technology continue to grow if so how, and is technology and regulation in a better shape?
July 28, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Efi Pylarinou
Welcome to this week's Digital Bytes which analysis on the following topics: Job opportunities for people who wish to work in the blockchain industry - growth in the blockchain industry has been at its the highest over the last couple of years, with blockchain technology bringing new life to other industries as it solves their problems. For those already in the industry this is great news but for those who are not and wish to join, they still have to figure out what jobs and roles are available for them in this industry. Blockchain's impact on the FX market - the FX market is huge, with over $6trillion worth of trades a day being executed. The systems and procedures to communicate and settle trades globally have remained the same since the 1970s but are now on a change of path. Blockchain technology is at the heart of many of these changes and as we see a growing use of digital currencies, such as stablecoins and CBDCs, could we see regulators actively encourage FX firms to embrace blockchain technology? DeFi: from niche to mainstream - DeFi has risen from simply servicing holders of cryptos, since it has now begun catering for other asset classes as it potentially goes mainstream. DeFi offers the possibility to reduce cost, automate compliance, increase efficiency, improve transparency and make financial markets more inclusive, and thus turbo-charge open banking initiatives by bringing in greater competition and choice for investors. Slaying the myth of Bitcoin scarcity - the amount and variety of Bitcoin IOUs and the opaqueness of the collateral used in the mushrooming 24/7 trading venues has resulted in an extremely fragile crypto market. The reality is that Defi and traditional derivative wrappers have slayed Bitcoin scarcity. This messy meltdown and reputational hit are an opportunity for an innovative solution (which is outlined in the end of this article).
July 28, 2022
Charlie Morris, CIO, ByteTree Asset Management
Do not choose between gold and Bitcoin: own both - you don’t need much Bitcoin to make money when things are going well, but you do need quite a lot of gold. Moreover, it is highly unlikely that gold and Bitcoin will both be overvalued at the same time since they are naturally counter-cyclical. There is no need to choose between gold and Bitcoin, but to combine them for their strengths and weaknesses. This combination, on a risk-weighted basis, is a powerful idea and is the liquid alternative offering exposure to gold and Bitcoin.
July 28, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Charlie Morris, CIO, ByteTree Asset Management
Welcome to this week's Digital Bytes which has an analysis on the following topics: Collapse of crypto price, reality or a buying opportunity - whether or not to ‘buy the dip’ cannot be answered in one word. There are many factors one needs to consider; potentially spreading the buying of volatile assets such as cryptocurrencies over a period of time to smooth out the price you pay can prove to be a lower-risk way to gain exposure. Cryptocurrencies remain a very risky volatile asset class and knowing when to buy and sell is often a matter of luck, not judgement, as sentiment often tends to be the biggest driver of prices. Can Gresham’s Law help predict which crypto to buy? - there is a rather obscure economic law called “Gresham’s Law” and how it applies to blockchain networks. Simply put, Gresham’s Law states that “bad money drives out good”. Whilst this was previously used to explain the way in which those coins with high commodity value (value of the metal) would be taken out of circulation, a modified version of this law can be applied to explain how high value utility tokens will become increasingly scarce over time and how, conversely, lower value tokens will predominate as a medium of exchange. Is pay to play really an effective business model? - the play-to-earn business model, a recent innovation in the gaming industry, gives gamers ownership over in-game assets and allows them to increase their value by actively playing the game. It avails users the opportunity to not only add value but also reap benefits. Do not choose between gold and Bitcoin: own both - you don’t need much Bitcoin to make money when things are going well, but you do need quite a lot of gold. Moreover, it is highly unlikely that gold and Bitcoin will both be overvalued at the same time since they are naturally counter-cyclical. There is no need to choose between gold and Bitcoin, but to combine them for their strengths and weaknesses. This combination, on a risk-weighted basis, is a powerful idea and is the liquid alternative offering exposure to gold and Bitcoin. We are intending to move our weekly mailings to Substack over the next couple of weeks and will be loading our articles on Substack. All current subscribers will be moved to Substack. This link shows how it will appear in Substack - https://digitalbytes.substack.com/p/29th-june-2022-digital-bytes-7a6?sd=pf
July 21, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Martin Bartlam and Nick Kosloff at DLA Piper.
Welcome to this week's Digital Bytes which as articles on the following topics: Buy Now Pay Later embraces crypto and blockchain - there has been considerable growth both in interest and also in the number of users for BNPL and many of the platforms that offer this facility are using cryptos and the blockchain technology as a way to reduce costs and bring greater transparency to customers. Time will tell if BNPL firms can survive as many are currently not profitable, and the potential regulation of the crypto market could prove to be an added challenge for those BNPL firms using these digital assets. Fine wines on a blockchain: why bother? - Blockchain technology can be used in the wine industry, both to help with provenance and also improve trust for buyers and sellers about fine wines. NFTs are now being used by vintners, whereby making it easier to invest in wine for smaller sums and reach a global audience. Given uncertain times in traditional markets and for cryptos, could investing fine wine prove to be a shrewd ‘liquid’ alternative which, if nothing, else can be drunk or gifted? Crypto bear markets are not a bubble: they are down, but not out -Despite the recent dramatic fall in cryptocurrencies, they have proved able to keep trading 24/7. Lessons need to be learnt, though, as to how organisations need to communicate with the owners of crypto, and investors clearly need to exercise caution. However, the technology that powers cryptos can and indeed is now being used to create digital assets of real tangible assets, which could well prove to radically alter traditional markets. Turbulent, but exciting times are ahead for all! Current trends on cryptocurrencies in the English courts - Rishi Sunak, UK Chancellor of the Exchequer, stated his ambition "to make the UK a global hub for cryptoasset technology". If we are to meet that ambition, businesses and individuals (as well as policy makers and government officials) will need to understand the rapidly developing environment for cryptoassets and the risks and opportunities they present. A variety of regulatory developments, including the 4th April 2022 Treasury response to consultation on cryptoassets, have occurred over the past couple of years in the world of cryptoassets and the wider universe of blockchain and distributed ledger technologies. As the law on cryptoassets develops, it will be essential to understand the legal framework within which more new forms of rights and liabilities will be considered. However, a vast amount of legal landscape covering the proprietary nature of cryptocurrencies and the enforcement of on-chain property rights and remedies remains uncharted. We are intending to move our weekly mailings to Substack over the next couple of weeks and will be loading our articles on Substack. All current subscribers will be moved to Substack. This link shows how it will appear in Substack - https://digitalbytes.substack.com/p/22nd-june-2022-digital-bytes. If you would no longer wish to receive Digital Bytes please email me, thank you.
July 07, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Peter Habermacher, CEO of Aaro Capital
Welcome to this week's Digital Bytes where we have analysis on the following topics: The role of metaverse as an educational tool - when it comes to education, learning and training, there is always a need for innovation. Schools and education centres do more than simply teach; they actively shape and prepare young people for the future - something which goes beyond the workplace, lecture theatres, classrooms and colleges. The metaverse has many established uses in the digital age but when it comes to education there are speculations as to how the metaverse can significantly improve the sector. PayPal: super-app or Trojan horse? - PayPal is now allowing its 300million clients to trade crypto. This is presumably being driven by client demand since in a survey in conjunction with Deloitte, 75% of merchants are looking to accept crypto as a form of payment. Are we seeing the rise of a super-app from PayPal, or a Trojan horse, as it creates the infrastructure for others to move between digital assets and traditional fiat currencies? Lessons to be learnt from Terra's collapse - the downfall of Terra Luna has shocked the cryptocurrency community. Caused by different moving parts eventually hitting equilibrium, the failure could have been avoided. The collapse was dramatic and its effects were felt in the Terra Luna ecosystem and the wider crypto market due to its affiliation with Bitcoin (as a reserve). Mr Do Kwon, the brain behind the project, had developed a brilliant idea, so perhaps there are things we can learn from the collapse of his project. Terra’s birth and death are fraught with lessons for the crypto industry and a cautionary tale for algorithmic stablecoins. Trading tokenised funds: efficiencies and challenges - Franklin Templeton recently launched the first mutual fund that is solely traded on the blockchain. Although it is a pilot, it provides a powerful proof of concept for an asset class that is both very popular for retail investors and massive in terms of assets under management. In this note, we discuss the potential challenges and efficiencies from using blockchain technology to process transactions and record share ownership in tokenised funds. Thank you for all the positive feedback and do keep your suggestions as to other topics for us to cover in future editions.
July 05, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring George Frith from GoSuperscript
Welcome to Digital Bytes for 1st June 2022 where we have analysis on the following topics: Insurance and digital asset mining - the digital world is fast-moving, especially if compared to the more traditional financial landscape which can appear glacially slow in keeping up with the latest and greatest cutting-edge technology. Crypto-mining is attracting global multinationals such as ExxonMobil and ConocoPhillips yet, to date, there has been a lack of appetite for underwriters to offer insurance on such business activities. However, as awareness and adoption of digital assets and miners grow, we are beginning to see more interest in engaging in these fast-growing sectors from the insurance industry. ESG: blockchain technology’s impact - the importance of ESG in determining the value of a company is increasingly becoming evident. Recently, the value of global ESG assets is estimated to exceed $53 trillion by 2025. ESG-rating firms provide corporate social credit scores that rank companies’ negative effects on the world - for instance, pollution, corruption and modern slavery. How NFTs can help charities - blockchain innovations are becoming a scale wherein ideas and systems are being weighed. The charity industry has not been excluded in this either as it begins to instil NFTs as a means to raise money. For this to work in, what is, an altruistic industry, we must assess where it has succeeded before, the challenges it has faced, and both its advantages and disadvantages. NFTs offer the promise of a set of new digital tools with which to help the charity sector offer greater transparency and appeal to many more ‘digital-savvy’ donors. How, where and why are blockchain technology and digital assets being used in Africa - despite bans in some African countries, there is considerable interest in digital assets and the use of blockchain technology. Several reasons have contributed to this, mostly infrastructure problems. Whilst some governments are antagonistic, many African governments have begun embracing blockchain solutions. We have seen a huge increase in the number of digital wallets in 2022 so far, but why are digital assets being used in Africa?
June 17, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Helen Disney from The Realization Group
Welcome to this week's Digital Bytes which has analysis on the following topics: Blockchain’s impact on the agriculture sector - the use of blockchain technology in the agriculture sector is giving access to more information, new forms of finance, the ability to enjoy cheaper insurance, and reaches out to the unbanked farmers - all being just a few of the advantages it provides. There are without doubt challenges, but we are already seeing widespread adoption of blockchain technology (together with the use of digital assets) in the agriculture sector around the world. But to have greater adoption we will need to see more education in order to bring about change. The drive will come from consumer demand for greater information about sustainability and the provenance of what is being eaten. NFTs, an alternative way to raise capital – There has been a huge increase in awareness and demand for NFTs. These digital representations of a wide variety of IP are being used by international brands as well as individuals to raise capital but also as a way to strengthen communities, build customer loyalty and fan bases on a global basis. NFTs do face challenges and legal advice ought to be taken in order to avoid regulatory and copyright infringements. However, as we see the growing adoption of the metaverse we are likely to see NFTs increasingly being used as an alternative tool to raise capital. How to identify a winning cryptocurrency - perhaps the most important step to take before choosing a crypto to invest in its research. It is imperative to gather information about a coin before putting money into it; you should know that trading or investing in cryptocurrency is a two-sided coin - it can make you poor as much as it can make you rich. If banks are from Mars, then cryptocurrency and blockchain are from Venus - this has largely been the status quo for over a decade since the birth of the Bitcoin network in 2008. However, could the planets be now aligning themselves as a convergence between traditional finance (TradFi) and decentralised finance (DeFi) becomes a reality? If you would like further details about having a licence to use the content published in Digital Bytes, submitting a guest article and having your own podcast made by being interviewed on Cyber.FM on the Digital Bytes show please contact us.
June 17, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Brian O’Beirne Research Director Kasei PLC
Welcome to this week's edition of Digital Bytes. In this edition of Digital Bytes we have analysis on the following topics: NFTs and SSI: unlocking a new gaming experience - non-fungible tokens (NFTs) and self-sovereign identity (SSI) combined unlock a whole new gaming experience. In summary, NFTs are a fantastic way to capture uniqueness and scarcity, whereas SSI is perfect for storing and updating characteristics, especially when those characteristics are specific to the player. Here’s how. Is blockchain technology changing the travel industry? - globally, the travel industry is the largest employer of any industry and, like many industries, has been embracing blockchain technology - driving greater efficiencies for the industry. Blockchains are currently being used to build decentralised platforms which help solve some of the challenges for the holiday sector and also provide an alternative to traditional online travel agencies. The impact blockchain technology has in the retail sector - reduced costs, increased transparency, improved security and faster transactions are some of the benefits that come with the inculcation of blockchain with the retail industry. Whilst some players in the industry are already toying with the technology, a few startups are looking at an outright change to what retail means - devoid of the problems facing the wider market. What impact will blockchain technology have on the retail industry in the coming years? Distributed networks and the growth of the stakeholder economy - existing models of decentralisation are mere waypoints in the evolution of more advanced blockchain architectures. Potentially, the endpoint of this evolution is distributed networks where the traditional structure of blockchain networks (with miners and validators performing consensus for end users) is collapsed into a more meritocratic network, with each user playing an active role in validating the network state. Once again thank you for your comments and feedback and do keep sending us suggestions of topics for us to cover in future articles.
June 17, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Rob Gaskell CEO of Applod DeFi Ltd.
Welcome to this week's edition of Digital Bytes which has analysis on the following topics: Russia using cryptocurrencies to avoid sanctions: myth or reality? - the economic sanctions imposed on Russia for invading Ukraine are naturally causing harm to the Russian economy. Their intended target though is to hit those Russian elites who support wars where it hurts most. The sanctions strategy aims to prevent these individuals from using or moving their wealth around by freezing the assets they hold overseas and by blocking financial transactions. However, the continued operation of cryptocurrency exchanges in Russia is worrisome to US officials. Can the use of cryptos actually help Russians to avoid financial sanctions? How can blockchain help small to medium-sized businesses? - in many countries, small and medium-sized businesses are the backbone of their economies. Their role cannot be overlooked since they are crucial to the world's economic and social development; worthy of note is that more than half the world's population is employed in such businesses and companies. At times, SMEs struggle to compete effectively with larger companies since they invariably have more sophisticated systems and access to data. However, as governments and larger companies use blockchain-powered platforms, SMEs are likely to follow suit and use Blockchain technology themselves. Metaverse coins - as the metaverse evolves by the day, so are investments in this new industry. However, new entrants and enthusiasts worry as to why main cryptocurrencies, such as Bitcoin and Ethereum, are nowhere in sight on the metaverse. Nonetheless, an assortment of tokens is in fact being used in various metaverses and, indeed, we are already seeing well-known global brands engaging as awareness and the number of users in these virtual worlds expands. Fraud and security in DeFi: how do investors manage these risks? - sadly, fraud and security risk are traits found in traditional markets despite ever-increasing rules and regulations from governments, regulators and financial intermediaries. Unfortunately, decentralised finance is not immune to this either. In the absence of mainstream regulation and intermediary operating procedures, the emphasis falls on the market participants to accept a degree of risk premium whilst educating themselves in maximising due diligence before transacting. So, where are we now with navigating risk in the DeFi markets? As you may be aware we do offer organisations the opportunity to have a license to use the content that we publish and license holders are able to submit guest articles which we then use as the basis of an interview on the Digital Bytes show and thus create a podcast for them. If you would like more information please contact us.
May 31, 2022
NFTs: Commercialisation, Legal Considerations and Valuation of Tokens - Webinar - 17/05/2022
The rise in popularity of Non-Fungible Tokens (NFTs) represents potential significant opportunities for investors, collectors, entrepreneurs and artists, but also presents significant legal risks. Inevitably, the concept of NFTs poses questions about copyright ownership and enforcement. The inherent uniqueness of NFTs also raises valuation considerations. Our speakers will discuss the following issues around NFTs: Are NFTs cryptoassets? Commercialisation of NFTs Copyright and other legal issues Thorny issues about valuing NFTs UK tax implications for NFTs Speakers: Jonny Fry CEO | TeamBlockchain Ltd Thayne Forbes Director | Intangible Business Limited Nick Phillips Partner | Intellectual Property, Edwin Coe LLP Sean Bannister Partner | Head of Tax, Edwin Coe LLP Marianna Ryan Associate | Intellectual Property, Edwin Coe LLP
May 27, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Timo Lehes, co-founder of Swarm Markets
Welcome to this week's Digital Bytes which is a little later as I was in Amsterdam yesterday and have just arrived back in London. I was presenting at the 2Tokens conference and workshop which was looking at a variety of case studies of how real assets are being offered in digital wrappers and the challenges of regulation and education required for tokenised assets to be further adopted. In this week's edition we have articles on the following topics: NFTs to be treated as legal property - a recent ruling in the High Court of England and Wales states that NFTs are to be treated as ‘property’. So, is this further evidence of NFTs emerging from the shadows and into the mainstream, whereby helping fuel further adoption given that greater legal clarity for this asset class ought to be beneficial for institutions looking to sell or buy NFTs? NFTs: a passing fad or here to stay? - there has been a huge increase in the number of NFTs and the variety of ways in which they are being used. Arguably, we have already passed the point of NFTs simply being a fad since they are seemingly set to enter mainstream adoption thereby offering a way for holding and transferring digital assets and data. Interest in NFTs has potentially been driven by speculation and FOMO, but increasingly we are seeing NFTs being used to solve challenges in business, such as supply chains, or personally for digital identities. Web 3 and tokenisation of everything - as we witness increasing interest in Web 3 and the development of Blockchain technology, there seems to be no limit to what can be tokenised i.e., digitally wrapped and distributed on a global basis. Tokenisation is already impacting our personal lives as well as our working ones and, as we see the growing adoption of the metaverse, we will see the digitisation of both physically tangible, as well as intangible, assets. Will we skip open finance and go straight to DeFi? - open finance brings together data across all those financial services that a consumer might interact with (from mortgages to pensions, insurance to banking) to build a more complete picture of that person's financial footprint. The campaign for its open finance implementation is playing out in EU data policy and industry-led initiatives. Could the innovation of DeFi mean we skip the campaign for open finance altogether and jump straight to DeFi?
May 17, 2022
Digital Bytes Podcast: Soapbox Episode Featuring Jonny Fry & James Tylee Bantering About: NFTs! (And We Launch Our Own 1st NFT Series For Minting!)
Mint your own favorite collectible James Tylee and Jonny Fry NFTs in our Andromeda Series debut now! (You know you love us!) #Digitalbytes as Cryptos prices slump more organisations from the Pope to Premier league to Instagram are jumping on the NFT band wagon. "NFTs: a passing fad or here to stay?" - there has been a huge increase in the number of NFTs and the variety of ways in which they are being used. Arguably, we have already passed the point of NFTs simply being a fad since they are seemingly set to enter mainstream adoption thereby offering a way for holding and transferring digital assets and data. Interest in NFTs has potentially been driven by speculation and FOMO, but increasingly we are seeing NFTs being used to solve challenges in business, such as supply chains, or personally for digital identities. What do you think? The Cyber.FM NFT Andromeda Series goes live! The Main Page is here: https://www.nft.cyberfmradio.com/
May 11, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Dr. Mircea Mihaescu, CEO Coinfirm
Welcome to this week's edition of Digital Bytes which includes an analysis on the following topics: The role blockchain technology is playing with BNPL - buy now pay later (BNPL) platforms have been a lifesaver for traditional shoppers as an alternative way to spread the cost of buying goods without having to reply on borrowing money via their credit card. There are a number of companies that are active in the BNPL space as they target an industry projected to reach US$ 90.51billion in 2029. What role will blockchain and digital assets play in this fast-growing economy? SSI for regulatory compliant DeFi/CeDeFi and SSI as continuums - Rather than distinct, standalone ecosystems, centralised finance (CeFi) and decentralised finance (DeFi) exist on a spectrum, and they are becoming a continuum of one another. Centralised decentralised finance (CeDeFi), for example, was first coined as a term by Changpeng ‘CZ’ Zhao, CEO of Binance, to describe this coalescence. Such developments inevitably require identity solutions that can respect both pseudonymity of DeFi and regulatory compliance to meet the CeFi requirements. Learn more about the role of self-sovereign identity solutions. The use of blockchain in the medical industry - blockchain's ubiquity is becoming more evident with time. When the topic of blockchain is mentioned, people previously had thought of cryptocurrencies. However, blockchain has proven itself to not only be limited to supporting digital currencies. It is now being deployed in multiple sectors including the medical industry. The transparency, and therefore added degree of trust, that the use of Blockchain technology engenders is a useful tool to tackle the fraud which is so prevalent in the medical sector. NFTs as a better conduit of value than REITs - AML regulatory requirements are continuing to safeguard the crypto space whilst NFTs - being one of the booming industries - provide a unique opportunity for creators, as well as increasing investors’ flexibility and affordability. They are significantly better as conduits of value than REITs. However, regulatory measures remain to be seen as to how they will be put in place in order to protect both creators and investors. Once again thank you for your feedback and please keep sending us your suggestions of topics to cover in future editions. If you would like more information about having a license and ways you can use the content we publish and write a guest article please just email me.
May 11, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Grant Blaisdell CEO and Founder on Copernic Space
Welcome to this week's edition of Digital Bytes where we have analysis on the following topics: Non-fungible tokens (NFTS): an overnight fortune - the popularity of NFTs has skyrocketed over the last few years and evolved into one of the best-known use cases for Blockchain technology. Not only do NFTs have immediate values but they also have future potential, and this has attracted many individuals and global brands to buy and sell NFTs. Doxxing, crypto projects, anonymity and the digital assets world - identity is not a trivial thing. When used, or misused, it can make or mar people especially when they are members of the same community. The identity which one person can be exploited from is the same that others can be exploited from - under the coffers of anonymity. Crypto projects that do not reveal their founders or investors are fraught with challenges if you are one not to be taken advantage of. Blockchains in the energy industry - blockchain is set to reshape the renewable energy industry, from certifying the source of green energy (by allocating generation assets to a specific point of consumption) to making the energy grid more accessible through data-sharing in real-time and by enabling a transaction between two parties. By allowing tracked, verifiable and secure transactions between parties - consequently bypassing the middleman who has long been relied on to transfer goods and information between buyers and sellers - blockchain empowers people to produce and sell power, resulting in a decentralised and distributed energy sharing system. A new wealth frontier emerges - space industry-related assets as NFTs – Various ‘out of the world’ investment opportunities that are becoming available investing in space assets. Alternative assets are gaining more attraction as traditional equity and bond portfolios look vulnerable to higher inflation and rising interest rates. Space assets offer a range of interesting and potentially non-correlated opportunities and a number are being made available via NFTs.
May 04, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Vivienne Su, co-founder of MetaEfi
Welcome to the latest edition of Digital Bytes where we have a couple of articles requested by our readers so please do keep your suggestions coming in. This week we have an analysis on the following topics: How soon before the US$’s reign as the world reserve currency is over? - the US$ has been the world’s reserve currency for over 100 years, but how long will it be before we seen a new unit of exchange replacing it? Arguably, payment platforms have upgraded their infrastructure so they are able to process transactions using digital currencies - so will the US$ be replaced by some form of digital currency backed by China or a basket of global assets? How Blockchain technology can help create decentralised alternative social media platforms - social media platforms are not spared from the potentially transformative effect of Blockchain technology, but arguably certain social media challenges need to be addressed. So, what problems have social media platforms been giving their users? Is there any way Blockchain technology can alleviate these problems? What challenges do decentralised social media platforms face going forward? The importance of self-sovereignty for an open metaverse - a self-sovereign identity (SSI) and/or reputation has long been the objective of Web 3.0 and is one of the most important characteristics which needs addressing in order to create an open metaverse. Now that we are in the dawn of the metaverse, access to SSI is likely to be a defining characteristic of an open metaverse. If we have greater adoption of SSI, it will be a paradigm shift from today’s identity and data system - empowering users, and creators, to take their lives into their own hands. The missing link between Web3 and real estate - Even though real estate tokenisation becomes an inevitable trend; the current market shows that it is still in its infancy. By leveraging blockchain tools, including smart contacts and tokens to empower real estate, startups begin to unleash the huge potential of this $326trillion market. We are already seeing the real estate sector innovating and embracing virtual property in the metaverse. Will this stimulate the next real estate boom in the Crypto Age?
April 26, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Leon-Gerard Vandenberg, CEO of Sunified
Welcome to this week's Digital Bytes where we have analysis on the following topics: Metaverse: a peep into the virtual world - there is no denying that the internet is evolving at an ever-increasing rate, so leading to the development of advanced internet technology and now resulting in the introduction of metaverse. The metaverse is a representation of an immersive 3D virtual world where users can interact with different spaces. Just like the real world, the metaverse allows users to move around different metaverse spaces as their digital avatars. Some of the brightest tech minds and multinational corporations are already trying to figure out how to use the metaverse, so this technology looks here to stay. But how will it impact your business and life? Cryptos: or should we rename them Digital Assets as cryptos are just one subset - The word ‘cryptocurrency’ covers a wide range of assets that perform in a variety of ways. The best-known crypto is surely Bitcoin but, in time, we are likely to see many, if not all, traditional assets being offered as digital assets i.e., security tokens. These digital assets are set to radically change the way we buy and sell many of the assets we currently trade - physically or electronically. CBDC and stablecoins: is the wait finally over? - over the last few weeks we have seen announcements from Australia, Japan and the UK regarding CBDC/stablecoin initiatives as well as a report from PwC detailing various launches and updates in other jurisdictions. Whilst concerns remain around privacy and the fact that regulations will need to be updated to accommodate these digital currencies, it appears that momentum is gathering as institutions and governments understand the potential benefits offered by CBDCs and stablecoins. Solving the ORACLE problem via crypto anchors - the use of Blockchain technology to create crypto anchors means that consumers can have greater assurance as to how the electricity they use is being generated. This is facilitated by putting a digital wrapper around electrons whereby creating a new asset class for investors. Potentially these tokens of electricity can help fund the huge capital requirement the electricity industry faces in order to upgrade the world’s ageing electricity grids which are, themselves, under ever greater pressure as we decarbonise society and rely less on petrochemicals and more on electricity to power our vehicles, homes and workplaces. Please keep sending in suggestions for other topics for us to review and remember that if you are interested in submitting a thought-provoking/educational article (not an advert) please let us know.
April 13, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Andrew Delves, Senior Relationship Manager, ClearBank
DeFi, and how it is challenging financial markets - DeFi is financial applications on an open, programmable blockchain for activities such as saving, lending, sending money, trading, investing and more. Rather than relying on third parties, DeFi encourages open-source cooperation whilst maintaining security. DeFi is able to learn from and use many of the traditional financial tools. However, compliance staff are inherently nervous of change and the potential unknown risks associated with innovation, so adoption of DeFi by regulated institutions will be slow to gather momentum. Some different ways in which to invest in cryptos - the investment choice available has expanded considerably given the explosion of cryptocurrencies: NFTs, DeFi tokens, utility tokens, security tokens, stablecoins etc. The technology that powers cryptos is revolutionising the finance sector, so are there any changes that it brings to investment? Is there anything to keep in mind when looking to invest in cryptos? How NFTs can be used in loyalty programs - with global brands engaging with NFTs, the potential is that these digital assets are going to change the relationship between organisations and their consumers, enabling firms to create new innovative loyalty programs. But, in order to capitalise on this, venturing brands must know what they are embracing, as challenges abound - likewise, the opportunities. Can cryptocurrency go from underground punk to stadium rock? - familiarity doesn’t always breed contempt - sometimes it helps engender trust. The Rolling Stones were once seen as an incredibly bad example to a generation of kids, now they’re a regularly touring legacy rock band. Time has a way of eroding sharp edges, making what was once unpalatable into wholesome family entertainment. Is this crypto’s problem? Is it simply too new to be trusted, and all that’s needed to fix the problem is time? In this article, Andrew Delves, Senior Relationship Manager at ClearBank, examines crypto’s trust problem and how regulation, standards and emulating the competition will be key, making this hellraiser a lot cuddlier. Digital Bytes Show on Cyber.FM - on this week’s Digital Bytes Show, we talk to Leon-Gerard Vandenberg, CEO of Sunified, about the use of Blockchain technology to create crypto anchors meaning that consumers can have greater assurance as to how the electricity they use is being generated. This is facilitated by putting a digital wrapper around electrons thereby creating a new asset class for investors. Potentially these tokens of electricity can help fund the huge capital requirement the electricity industry faces in order to upgrade the world’s ageing electricity grids which are, themselves, under ever greater pressure as we decarbonise society and rely less on petrochemicals and more on electricity to power our vehicles, homes and workplaces.
April 13, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Daniel Coheur, co-founder of Tokeny
Welcome from a very wet and rainy Sydney where the beautiful blue Pacific bay of Sydney harbour looks a rather muddy river Thames and blackbirds and robins are replaced by Cockatoos and Kookaburras... Blockchain innovation in the finance industry - Blockchain technology offers the potential to make transactions less expensive, more efficient and faster. The technology has a broad range of applications that can be integrated into a variety of businesses, giving investors an extensive range of options. The financial sector is an industry where blockchains have obvious applications and benefits whereby increasing transparency, security, risk management and, in turn, greater disintermediation. If applied correctly, Blockchain technology has the potential to improve the efficiency and security of financial markets thus improving risk controls and, some argue, for a lower cost. The Self-Sovereign Identity market is worth over $550 billion - meta-analysis from cheqd, an SSI specialist firm, estimates that the potential of the SSI market is approximately $0.55 trillion. This staggering figure reflects the full value of people’s data and its usages. It is based upon areas of opportunity including finance, compliance (KYC), gaming, NFTs, the metaverse, official ID and e-commerce amongst others. CBDCs inch ever closer to the mainstream - there are more and more initiatives being announced by different jurisdictions for cash-backed Central Bank Digital Currencies (CBDCs). As we see greater adoption of cash-backed stablecoins, legislation will need to be updated since citizens travelling abroad will potentially be both carrying and able to spend more money than they are currently legally allowed to do were they carrying cash or using cash to buy and sell goods and services. The catalyst for institutional assets: Tokenization Prosperity - institutions including EIB, Société Générale, and SWIFT are moving toward asset tokenisation, marking the beginning of institutional adoption. Since compliance and security all boil down to coding on the blockchain, complete and secure technology solutions become the catalyst to bring widespread prosperity to the market which, itself, could reach 24 trillion USD by 2027 according to HSBC.
April 06, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Fraser Edwards, CEO and co-founder cheqd.io
Welcome Digital Bytes which is being sent to you from sunny (not that sunny though)Sydney, as we have been visiting clients and presenting on How, Why and Where Blockchain Technology and Digital Assets are being used. In this week's edition we have analysis on the following topics: Invasion of Ukraine and a case for the neutrality of technology - Blockchain, cryptocurrencies or any other technology or innovation are usually neutral, posing as docile tools. Whether a technology is good or bad depends on its users. On the other hand blockchain, when applied to tackle problems with international payments and finance related problems, can also be used to evade accountability, such as Russia is doing presently. Some of the reasons for Blockchain technology and cryptocurrencies being criticised are the same as the reasons for which they are being adopted. The US is already looking at regulating cryptocurrencies with a new executive order - all in a bid to stem how Russia is evading sanctions. Why the digital assets revolution also needs a revolution in secure custody solutions - how can the financial services leading institutions avoid adopting an instant global payments ecosystem that is virtually free, and a single source of truth database that is immutable? Identity, security, speed and scale have already been solved, and it is just a question of when the financial institutions choose to move. The danger is that some will be left behind if they are not heavily investing in the digital asset ecosystem and preparing for the inevitable demand from their customers. NFTs: an alternative way to raise capital? - whilst big brands can easily raise capital, many other individuals and businesses cannot say the same. As Blockchain technology continues to permeate every area of human endeavour, what solutions do blockchain and NFTs have for those raising capital? This article offers an insight into what is required when using NFTs to raise capital. Web 3.0 and digital identity - digital identity and, in particular, self-sovereign identity (SSI) is key to enabling Web 3.0 since it is all about decentralisation and data privacy. If Web 2.0 has been characterised by careless data sharing and its uncontrollable exploitation for commercial purposes, Web 3.0 shifts that paradigm towards enabling data owners to be in charge of their data. The latter is possible thanks to SSI - a method of identity that centers the control of information around the user, thus removing the need to store personal information entirely on a central database.
March 28, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Alex Bausch from 2 Tokens
In this week's Digital Bytes we have analysis on the following topics: Apple, Amazon, Facebook, Google, Microsoft see their staff resigning to join a host of Blockchain and Digital Asset-focused firms - the ‘great resignation’ trend in the US has seen over 33 million people leave their jobs as they seek higher pay and new companies which align with their personal goals. Many of Silicon Valley’s global titans are fighting to hold onto those staff who are leaving to join companies actively engaged in the development of Blockchain and Digital Assets services, a lot of whom champion a more decentralised way of doing business. Decentralisation is bigger than Bitcoin - with the Commonwealth Bank of Australia (Australia’s largest bank) offering crypto trading in its mobile app together with CBDCs gaining interest, is there something more ominous on the horizon knocking on the doors of the decentralised token economy? Not all FinTech firms, shops and on-line merchants are adopting cryptocurrencies (but many are) -growing interest in digital currencies is evident, including cryptocurrencies, given the increase in the number of digital wallets globally. Whilst the ‘fear of missing out’ (FOMO) is driving people’s attention, FinTech firms are making it simpler for users to buy and sell goods and services digitally - often bypassing the banks’ existing payments infrastructure. Tokenisation will change society - tokens are certainly changing society. Tokenisation has the potential to open up the financial system to anyone around the world, as long as the infrastructure to exchange those tokenised assets is there. For adoption of tokenisation, it is important that the community and regulators work together to develop clear standards and regulatory frameworks. A robust regulatory framework will undoubtedly reduce regulatory risks, enable innovation by providing clarity around the rules of tokenised ecosystems and allow incumbents to open up for new companies. Standardised taxonomy and terminology and education of stakeholders is vital in achieving this. Currently in Australia doing presentations for a series of clients here and interesting to see how much interest there is in Blockchain and Digital Assets. Please do keep your feedback coming and if you have a topic that you would like us to cover do let us know.
March 21, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Antony Abell and David Parsons, founders of the global TPXTM Property Exchanges
Welcome to this weeks' edition of Digital Bytes where we have analysis on the following topics: Blockchain and digital assets are effectively helping to develop the insurance industry - whilst Blockchain technology is still in its infancy, there are already a number of promising use-cases that drive efficiency, security and cost reduction across the insurance industry. Though still in its early stages, Blockchain technology is making headway and will undoubtedly be a part of the industry's growth. Higher inflation and a call for greater decentralisation resulting from the Russian - Ukraine conflict? - prior to the conflict, inflation was already on the rise and the surge in many commodity prices will now only exacerbate what could prove to be a real problem for the global economy. Russia’s actions highlight the fact that centralised control structures create systemic risks for financial markets for which Blockchain technology now offers a solution, thus helping to maintain confidence and ensure investors are treated even fairer. Social networks: the effect of digital assets and blockchain - social networks such as Facebook and Tencent are showing increasing interest in Blockchain technology. Digital assets (for example, NFTs) will define ownership on the metaverse and digital currencies are set to power this new digital economy. Traditional social networks are profit-driven companies, whilst decentralised social networks can be autonomously run organisations that improve and develop over time to benefit their users. How will some of today’s social network giants address the challenges they face, and what role will blockchains (and the digital assets they can create) play? Financial Ghouls vs The Good: the ‘Battle Royale’ to kill mortgages - how digital assets are changing the mortgage industry forever and saving capitalism for the many... not the few. The use of Blockchain technology is allowing us to alter the way that real estate is purchased, owned and even used as the backing for our own banking requirements, potentially unlocking and creating real liquidity in the global $326 trillion property market.
March 14, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Aurélia Viémont at CMS Luxembourg
Welcome to this weeks' edition of Digital Bytes. This is our fourth anniversary as we first published Digital Bytes back in March 2018 and have continued to do so each week. As well as being sent to a wide range of readers in Europe, South and North America, Africa, India, Digital Bytes is translated into Chinese and sent via WeChat to many Asian countries including China. This week we have articles on the following topics: How Blockchain and Digital Assets can impact the real estate sector - real estate is not immune to the effects of Blockchain technology. With offline real estate transactions frequently including face-to-face interactions between several parties, blockchain has made it possible to modify this. Assets such as real estate may now be tokenised and sold, like cryptocurrencies, thanks to the development of smart contracts on blockchain platforms. By tokenising real property assets can then be traded, much like stocks on an exchange, and transactions can be completed online. Blockchain technology fuels the winds of change in the global payments industry - the global payments sector is facing new competition and radical change as never before. Blockchain-powered platforms and the digital currencies they can create from governments and companies are forcing the traditional payment platforms to make changes. Existing firms offering global payment solutions are changing their business and blockchains have ushered-in new FinTech firms offering competition in this once tightly controlled market. Inflation is on the rise: what impact could it have holders on cryptos? - inflation rates are increasing globally, especially in the US, resulting in rising interest rates which is bad news for those governments, companies and individuals which have become addicted to debt as the cost of borrowings increases. Will Bitcoin prove to be an inflation hedge or, indeed, be truly uncorrelated with other assets such as equities and bonds, and actually rise in value as these traditional assets fall? The volatility of cryptos and traditional assets is likely to rise and so present a great opportunity for those who can and do know how to sell ‘puts and calls’ i.e., options. Issuance and settlement of securities directly on the blockchain: now a reality in Luxembourg? - over the past months, Luxembourg has taken several important steps regarding the use of distributed ledger technology (DLT) applied to the financial world. Indeed, dematerialised securities may be issued and settled within or by virtue of DLT, thereby enabling the creation of native tokens. Following this, the regulator for the financial sector has provided useful guidance as to how and when regulated entities could invest in virtual assets and/or provide services in relation thereto. Finally, the Luxembourg Stock Exchange recently admitted to its Securities Official List financial instruments registered on a DLT. Please do keep your comments and feedback coming and suggestions of further topics you would like us to cover in future editions of Digital Bytes.
March 09, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM featuring Dynarisk
Welcome to this week's edition of Digital Bytes which has analysis on the following topics: Are NFTs crypto assets? If so, why does it matter? - the boom in NFTs is keeping many consulting firms, lawyers and accountants busy as we see owners of IP almost falling over themselves to launch their latest NFTs. However, what would happen if regulators were to decide that NFTs are indeed cryptos or even securities? Would those consultants, lawyers or accounting firms have valid PI or other types of insurance in place if their clients were to sue them for not having advised them accordingly? Digital Asset Management (DAM): overview and how it is integrating Blockchain - although Blockchain technology is not limited to financial transactions, it has many advantages over traditional transactions. It is for this reason that Bitcoin, alongside many others, uses blockchain in the management of financial transactions. In view of this, it is fitting to surmise that blockchain and DAM platforms have matters in common i.e., management of digital assets. Web 3.0: understanding the internet sensation - as the human race evolves, the need for developed technology is continually apparent. Factors such as convenience, productivity, effectiveness, etc have played a crucial role in the need for evolution. The web is not excluded since evolution takes place at an ever-increasing pace, and its progression has automatically led to the advanced technology of the internet. This evolution of the web has been in the form of Web 1.0, Web 2.0 and Web 3.0 - and Web 4.0 is almost upon us. The growing importance of protecting our data and digital assets as our lives become ever more digitised - it is very well known and accepted by everyone that cyber threat is an evolving threat in every area of business and personal life. Cybercrime is the new burglary tool of choice for criminals. This is also true and even more pertinent where crime intersects the digital world. Crime, going back before fingerprints were matured and records stored on file, was difficult to solve and therefore security locks and alarm systems became the best way to prevent criminals from stealing goods and possessions. Since crypto wealth and assets only exist in the digital world, people have recognised that the current way to be secure is via new types of burglar alarms, such as system checkers, and move away from the old mantras of ‘remember to lock your doors and windows’ and instead have reminders to update and patch software, check for malware and lock down your exposure online.
March 02, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM 16th February 2022 Featuring Thayne Forbes
How DeFi could challenge the ETF sector – The ETF sector is expanding as more mutual funds convert into ETFs. Recently, we have seen the launch the Hashdex DeFi Index ETF which it is the first regulated ETF to invest in DeFi investment tokens. ETFs were designed to group correlated assets together and DeFi can take this one step further and challenge the composability of these investment vehicles, putting users at the heart of financial instrument design. DeFi infrastructure and liquidity can make existing financial products and fund administration more efficient, in a similar fashion that ETFs have for mutual funds. Is crypto the antidote to the West’s ills and a shot in the arm for the economy? - in parts one and two of this essay we discussed how the increasing digitality of society has coincided with a relative decline in US and Western hegemony and how this has led to a diminished level of trust in the institutions of security, governance, media and finance, as well as in trust as a general concept. In part three, we explore how cryptocurrencies and blockchain offer a technological solution to this socio-cultural challenge, and perhaps a wider opportunity for the west. Are critics of this emerging technology missing the point when they criticise its flaws? Could crypto be the latest way to unleash a new wave of economic, cultural, political and military innovation and growth? Bitcoin miners claim they are able to generate cryptos whilst improving their ESG credentials - the Bitcoin Mining Council has targeted 2030 as the date for its members to be net-carbon neutral. On this subject, we look at examples in Norway and the USA regarding how crypto miners are improving their ESG credentials. The thorny issues about valuing NFTs - a review of some of the key issues when looking at how, or if, NFTs can be valued. This includes defining NFT rights and obligations, forecasting cash flows, the involvement of crypto currencies and market comparables, and concludes that the use of existing intellectual property valuation techniques should help with better informed values of NFTs.
February 27, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM 9th February 2022 Featuring James Moffat - CEO of New Future Foundation
Welcome to this week's edition of Digital Bytes which includes the following: DeFi Yield Protocol: the massive boost yield farmers and the DeFi space need - over the years, there has been a steady growth of the blockchain space and, most notably, decentralized finance. Although DeFi isn’t new, the growth has been more aggressive since 2020 than it previously was. The introduction of yield farming protocols and distribution of COMP governance has, indeed, inspired a lot of conversations and hoisted DeFi’s stance in the blockchain industry. Being a boost to yield farming and DeFi space as a whole, it is important to look at the uniqueness of DYP. The era of digital crime: can financial institutions combat the increased risks? - in today’s ‘digital-first’ world, financial institutions are transforming existing processes and adopting new technologies to remain competitive. However, ‘going digital’ presents many new challenges - primarily in security and compliance. The ever-increasing amount of digital crime will require legacy and new institutions alike to adjust their mindsets and embrace new technologies. While it’s difficult to find a ‘one-stop shop’, with the right assortment of cloud-based solutions, financial institutions can develop robust risk management processes fit for this era of digital crime. Will Russia, UK and USA embrace crypto or try to kill it off with regulation? - Matt Hancock (ex-cabinet member in the UK government) believes the UK can be a dominate crypto jurisdiction, but the latest rules from HMRC are making it less so. Meanwhile, expect to see further guidance shortly out of America from the Officer of the Comptroller of the Currency (OCC) around regarding cryptocurrencies. Is the erosion in trust in our institutions a sign of terminal decline? Or can they adapt to a changing context? - Part 2 of a 3-Part Essay: “After two years of the COVID-19 pandemic, and two decades of economic, political and social crisis, is crypto the ‘shot in the arm’ the West needs?” In part one of this essay, we discussed how the increasing digitality of society has coincided with a relative decline in US and Western hegemony. In part two, we try to understand why the tools and institutions that made liberal democracies successful in the 20th century are now failing them in this increasing digital landscape. Please keep sending your suggestions for future topics for us to cover.
February 27, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM 2nd February 2022 ft: Haydn Jones, PwC
Welcome to this week's Digital Bytes where we cover the following articles: Are we to see two versions of digital intellectual property - an NFT and a DDC? - as the Year of the Tiger roars in, it could be a big year for blockchain and Digital Assets in China. With China launching its digital Yuan (CBDC) and announcing that it is to officially back a new breed of NFT-style digital assets (called DDCs) using a blockchain-powered platform, will we see two versions of non- fungible Digital Assets being created? After two years of the COVID-19 pandemic and two decades of economic, political and social crisis, is crypto the ‘shot in the arm’ the West needs? - in part one of this essay we discuss how increasing digitality has coincided with a relative decline in US and Western hegemony, and how the tools that made democracies successful in the 20th Century appear to be undermining them in the 21st Century as the authoritarian regimes they compete with appear on the ascendancy. Digital wallets for Digital Assets are on their way - whilst digital wallets from the likes of PayPal and Apple have been around for years, we are seeing a growing demand and, indeed, need for digital wallets to enable one to transact with Digital Assets. The Chinese currently have over 260 million people holding a digital wallet that enables them to use the Chinese digital Yuan, and this number is set to grow as the Chinese CBDC is positioned to be officially launched at the 2022 winter Olympics. Where is crypto going? - crypto has been around for over ten years but is it still just Bitcoin, or is there a bigger strategic opportunity here and what's missing in terms of making that happen?
February 08, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM 26th January 2022 ft Dave Shastri, Chief Strategist, Truss Edge
Welcome to this week's Digital Bytes which has analysis on the following topics: How many more countries will make Bitcoin legal tender? - El Salvador has recently made Bitcoin legal tender and claims that 70% of its citizens who were previously unbanked now have digital wallets, thus making more people in the country financially included. In just 45 days this is a massive achievement, but will it encourage other countries to consider following El Salvador’s lead? Blockchain’s utility season - this article argues that, while a ‘utility season’ for Blockchain technology may seem a far way off, it is in fact right around the corner - it only seems distant because we are currently in the ‘blind valley’ of exponential growth of a network technology. The article goes on to provide a more concise definition of utility token, itself being composed of two separate aspects: the ‘intrinsic’ and ‘extrinsic’. Crypto Crashing: the test of endurance - for Bitcoin, dip isn’t unusual; cryptocurrencies are volatile and fluctuate from time to time. As rapidly as prices rise, they can tumble back down. For instance, Bitcoin went as high as above $64,000 in April 2021 but about three months later the cryptocurrency had lost more than half its value, diving to below $30,000. The volatile nature of cryptocurrency attracts traders looking to make profit but it is nail-biting, especially for new investors. Because of this, it is important to consider if you can handle the fluctuation before investing in Bitcoin or any other cryptocurrency. Frontier challenges: bringing cryptocurrency investment to mainstream asset management - with more hedge funds and institutional investors participating in the cryptocurrency markets, questions are being raised about the infrastructure that underpins these markets. Whilst many large investors would like to allocate more to the asset class, they are worried about some of the operational issues which crop up. In this article, Dave Shastri, Chief Strategist at hedge fund technology platform, Truss Edge, looks at what changes may still be needed for the cryptocurrency markets to be able to interact integrally with those existing financial structures in place for larger allocators. With many new fund launches coming onto the market (keen to act as a bridge between large investors and digital assets), resolution of many of these problems is urgently needed. The Digital Assets domain, raising funding through tokenisation is rapidly developing. But will these new tokenised financing solutions be able to really help organisations when it comes to raising capital? Teamblockchain is delighted to be working with 2Tokens in Holland and would be most grateful to get your input on the attached short questionnaire. We would appreciate your thoughts and experiences about 'tokenised financing’, as they are very valuable for the further development of the tokenisation field. This should only take 5 minutes of your time and will greatly help the further development of the market and related products. No prior technical knowledge of tokenisation is needed. This is the link to the survey - https://docs.google.com/forms/d/e/1FAIpQLScuKyaak-r4BK1X0SgqVPPoMWe_F1ejuZqBjs9lrEe7HqXHpg/viewform Thank you for your time and we will be publishing the results from this PanEuropean survey once all the submissions have been analysed.
February 08, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM 19th January 2022 ft: Hirander Misra, CEO of GMEX Group
Welcome to this week's edition of Digital Bytes which includes the following articles: DAOs: a new-fangled term to bamboozle novices into parting with their cash, but what role can they really serve? - in the crypto sector, Decentralised Autonomous Organisations (DAOs) have only been around since 2015 but their DNA arguably harks back much further as groups of people collate and then mutually benefit from making investments without third parties taking huge management or performance fees on the profits generated. Could DAOs offer a challenge to the mighty asset management and venture capital industries? 2022: the year of further decentralization - despite the disruptions of the COVID-19 pandemic, 2021 saw a significant shift in gear for new technologies with record amounts of capital flowing into blockchain businesses. If 2021 showed us that even the best laid plans can go awry, it equally served as a demonstration of the extent to which innovation can continue and thrive, even during uncertain times. There is no doubt that this will also hold true for 2022. In this review, industry experts at cheqd look ahead to the top tech trends they expect to see take off in 2022. Financial markets face an inflection point, but will regulators and organisations capitalise on the opportunities with which they are presented? - the amount of capital attracted to FinTech is huge. As we see more technology being harnessed, it is inevitable there will be some will be some winners and some losers in terms of corporates as well as at a national level. The benefits of a slew of new products and services will potentially impact across the whole economic landscape and the questions is, how quickly will governments and their regulators embrace this tidal wave of change surging upon them? ‘High Five’ for the digital assets road to HyFi - the digital transformation of the financial services industry has gained accelerated traction over the last few years with the increasing adoption of blockchain solutions and digital assets. Nonetheless, as the era of Finance 4.0 evolves, there is a growing demand to access and offer a full range of digital products and services alongside traditional ones. This suggests the need for some kind of dual approach. But how can this be achieved in practice when most financial participants are still off-chain? And even if they are on-chain, there is fragmentation as a result of multiple blockchains and lack of integration into their traditional systems to ensure a cohesive approach Thank you for those that have sent suggestions for future topics you would like us to cover and for those that have not as yet but would like to, please do not hesitate to contact us.
January 25, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM 12th January 2022 ft: Bryan Coyne non-executive Director of Kasei Holdings PLC and a director of emerging markets at BGC
NFTs in the media: from films to the TV - NFTs are being used in the film and media industry from Hollywood to Bollywood and even television manufacturers are making TVs with the ability to display NFTs. Whilst there are obvious ways to use NFTs to make money to finance film production, NFTs are also offering a way for the media industry at large to enter the metaverse. The metaverse, with the backing of global brands and tech giants such as Facebook (now renamed Meta), is a key new sector we are likely to hear a lot more about in 2022. Crypto assets: inflation hedge, portfolio diversifier or return enhancer? - Bitcoin may not be a useful inflation hedge, but there are still many reasons to invest and see it (and crypto assets) more broadly as a valuable investment with the potential for out-sized, risk-adjusted returns. We explore having a modest % of a portfolio invested in Bitcoin and examine what would have been the impact on the risk-adjusted returns. Bitcoin continues to dominate interest - over the last few weeks we have published a range of topics, but it has been those topics on Bitcoin which have garnered the most views. As ever, we are regularly asked, “Is now the time to buy Bitcoin?” Whilst we cannot offer advice, this article looks at how, by saving money regularly into digital assets, one can smooth out the volatility of this asset class by buying less when the prices are high and more digital assets when the prices fall. A seasoned Investor take on the similarities between crypto and derivatives - shared thoughts of a derivatives veteran of 35 years standing, who sees that the old “greed is good” adage, so prevalent in the heady derivatives trading days of the ‘80s and ‘90s, has been replaced by community sharing and collective goodness in today's crypto chat rooms. This derivatives trader has seen the ‘crypto light’ and how he switched from Fear of Uncertainty and Doubt (FUD) to Hold On for Dear Life (HODL).
January 16, 2022
Jonny Fry / James Tylee of Digital Bytes by Team Blockchain on Cyber.FM 5th January 2022 ft: Takatoshi Shibayama from Copper Ltd:
Welcome to the first edition of 2022 of Digital Bytes. Our first week of 2022 features Takatoshi Shibayama from Copper Ltd. In the last couple of years we have seen a lot of investment in the infrastructure that was needed in order for Blockchain technology and Digital Assets to be embraced by institutions and the wider community as a whole. Many proof of concepts by multiple organisations have demonstrated the benefits of using blockchains and Digital Assets in a wide variety of ways which are now being implemented. We first started writing Digital Bytes in March 2018 to offer a weekly analysis of how, where and why Blockchain technology and Digital Assets are being used. By having regular guest articles we also gain insight and a different perspective from a variety of businesses. As you will know, Digital Bytes is advertisement-free and by using case studies and hyper-links to a wide range of publications we are able to verify the quotes and statistics we cite, whilst offering additional reading material. The circulation of Digital Bytes continues to expand, as do the number of organisations that have a license to use the material we publish. The overwhelming feedback we get is that there is still a huge need for education regarding these topics, given the fast pace at which change is happening. The use of real examples from a variety of industries and jurisdictions helps readers to put into context how Blockchain technology and/or Digital Assets are likely to impact them and their businesses. Please keep sending your feedback and suggestions about future topics you would like us to cover. If you would like further details about having a license to use the content we write, then call or email. Licenses start from as little as £150 per month. In this week's Digital Bytes we have the following: 1. Predictions and thoughts for 2022. 2. Three of the newest words in the Collins Dictionary in 2021, and ‘crypto’ was the most searched word on Reddit. 3. How Singapore is raising the global standard in crypto asset regulation. 4. Link to the Digital Bytes show on Cyber.FM. Finally, on behalf of TeamBlockchain I would like to wish you a very happy 2022 and trust you have lots of laughter along the way.
January 09, 2022
Digital Bytes 2021 Year In Review w/ Jonny Fry and James Tylee
A review of the predictions we made for 2021 January - Bitcoin: is it too late to buy? February - Are companies really using Blockchain technology? March - Making money out of thin air: many have tried but not all have succeeded - has Bitcoin? April - The Art of NFTs May - Blockchain technology is challenging the way real estate and equities are bought and sold June - Decentralised Identity: does it need a blockchain? July - The NFT market is evolving rapidly, but there are still challenges it needs to address! August - Stablecoins and CBDCs: challenges and use cases September - Play to Earn: how playing on-line games can pay your bills October - A regulatory game of ‘Red Light, Green Light’ November - SSI: self-sovereign identity explained December - How DeFi will enable participants to reimagine financial markets?
December 31, 2021