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These instruments are just the start, though. The next generation of tokenized assets will include offerings like bonds and equities. In time, real-world assets such as art and automobiles, commodities, and fine wines will be traded on-chain. In fact, it’s already happening, with use cases including fractional ownership of classic
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The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its private central bank digital currency (CBDC) initiative, Project Tourbillon. The prototypes built in the project’s framework could allow payment anonymity for CBDC transactions.The 46-page report, published on Nov. 29, explores the concepts of privacy, security
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When considering the design of a CBDC, people will also have to grapple with difficult questions on choice, inclusion and stability, Skingsley said. But "innovation usually takes us to new places and opens up possibilities that were not there until a new technological breakthrough has happened," she added. Source
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Tech entrepreneur and billionaire Mark Cuban expressed interest in a transformative crypto real estate project to integrate smart contracts and non-fungible tokens (NFTs) to facilitate construction and urban development. This development follows a proposal by Jason Calacanis, a serial entrepreneur, to build ten new cities across the US, each housing a
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Taproot Wizards seeks to bring together developers to build different applications and solutions on top of the Bitcoin Base layer that will maximize the potential of the Taproot upgrade carried out in 2021 To strengthen the innovations in the world of Bitcoin, Taproot Wizards secured new funding to further develop the
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Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes.In his opening remarks at a conference in Basel, Switzerland, on Nov. 8, Carstens called central bank digital currencies (CBDCs) the “central element” of
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The evolution of blockchain security and privacy Blockchain has become a tech cornerstone. But as it grows, so does the need for privacy. Zero-knowledge Proofs (ZK) emerged as a solution and there’s a new kid on the block called multiparty computation (MPC). Imagine proving you have a secret without revealing
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In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of
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Ethereum restaking — proposed by middleware protocol EigenLayer — is a controversial innovation over the past year that has some of the brightest minds worried about the potential ramifications.Restaking involves reusing staked or locked-up Ether tokens to earn
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President of the Regional Government of Madeira, Miguel Albuquerque, has announced plans to create a Bitcoin (BTC) business hub to drive regional innovation. The statement was made during a fireside chat with Prince Filip Karađorđević of Serbia on the second day of Bitcoin Amsterdam 2023.Karađorđević expressed interest in the new
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