Monday, 24 June 2019

Blockchain solutions in finance, logistics, healthcare, digital identity, and energetic industries continue to attract significant investment. Nevertheless, the blockchain gaming evolves.

Barclays, BBVA, Deutsche Boerse and Swift are among the financial services sector names to join a new collective promoting the development of a global framework for the development and adoption of distributed ledger technology.

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 Sina.com 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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