Financial Services News
Financial services are services provided by money-managing businesses like banks, insurance companies, stock brokerages and others. Financial services evolve and grow alongside the economy of the country they are in. Modern developed economies have various financial services like foreign exchanges, investment services, insurance, venture capital, etc. The efficiency of financial services largely depends on developing technology. New technologies like telecommunication, the internet and, now, blockchain, have made financial services much faster and more secure. Blockchain financial services are currently the most efficient and cheap way for transferring assets and for performing deals through smart contracts. Future financial services may include implementing even more blockchain into their structure — for example, into their organization structure and information security system.
The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”
Singapore central bank shortlists 15 companies to develop retail CBDC
As the political system collapses, so too does the financial one. Thus, more and more Afghan citizens will turn to crypto.
Crypto can alleviate the financial fallout for people in Afghanistan
DeFi already offers innovative financial products, but what’s needed for it to go mainstream is to bring more real-world assets on-chain.
DeFi needs more tangible assets on-chain to see a successful future
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need.
Stablecoin adoption and the future of financial inclusion
CeDeFi presents a new financial system and it should be built by using the best of each other, with DeFi leading and CeFi contributing.
Decentralized and centralized finance need to collaborate
It is not the cryptocurrency industry that is an exploitative hustle, it is our capitalist world, and crypto is here to change it for good.
No, Jackson Palmer, you are wrong about crypto
The Provenance Blockchain Foundation launched its new, open source proof-of-stake blockchain in May. Shortly thereafter, parent company Figure Technologies anno...
Bison Trails provides infrastructure support to Provenance blockchain