Indian Financial System Moves Closer to Blockchain Despite Central Bank Pressure Towards Crypto Trading.
Most global companies are slow to adopt blockchain technology:PwC survey Some companies have paused blockchain activities and enterprises, while other haven't even got started. Although the majority of business executives suggest that their companies are currently exploring some type of blockchain inititative, only a small proportion have active enterprises, while some have even paused activities.
Adaptation is always key to success. It’s completely normal that when blockchain tech started really heating up, a lot of top-tier Silicon Valley talent began to “migrate”. To many experts’ surprise, despite the harsh market conditions this trend hasn’t slowed down one bit.
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Law Firm Perkins Coie Adds Ex-CFTC Counsel to Dedicated Crypto, Blockchain Group U.S. international law firm Perkins Coie (PC) announced it had hired a former counsel for the country’s commodities regulator to work in its blockchain practice in a press releaseNov. 6. Kari Larsen, who previously worked at the Division of Enforcement of the Commodity Futures Trading Commission (CFTC), will now be based at PC’s Blockchain Technology & Digital Currency industry group. The group originally formed in 2013, with PC keen to gain an understanding of the complex legal landscape which continues to evolve around cryptocurrency and related tokens in the U.S.
“The concept is so, I guess the word is bizarre. You have to blank your mind and say, ‘What is blockchain, again? How does mining operate, again?’ The concepts are really strange, and yet when you begin to grasp it, it makes sense.”
The Real Estate Market Switches to Blockchain ￼ The power of countries depends on the economy, which real estate market is a significant segment of.More than 50% of global finance belongs to it.An impressive share, isn’t it?This market segment is most adapted to reforms and crises. However, this does not mean that it cannot be slightly improved by innovations, such as the blockchain.Technological upgrade will allow the real estate market, as well as the economy in particular, to move to a new stage of development. While the real estate market is “collecting its belongings” and is preparing for a full-fledged move to the blockchain, a Japanese company has launched the sale of real estate for cryptocurrency.A couple of Bitcoins can buy you a paradise on an island somewhere in the Caribbean.The world of real estate is gradually becoming digital.