Saturday, 25 January 2020

US-based multinational technology company, Cisco recently published a report that features the scenario of the business-oriented blockchain platform. In the report, Cisco predicted that by 2027 the blockchain could “hold” up to 10% of global GDP. It means mass adoption is about to begin.

“For Americans, the blockchain is a technology or a philosophical practice. But for Chinese, the blockchain is an opportunity for China to change lanes and surpass competitors,” China’s largest news portal made this statement in a headline in its financial section.

UAE Banks Federation, UBF, and Abu Dhabi Global Market, ADGM, have hosted a joint forum on FinTech and crypto assets, bringing together industry specialists to discuss how these compelling trends are shaping the global financial services sector, and the challenges and opportunities they present.

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