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Tokenized assets are a relatively new concept, however, that hasn’t stopped major companies from using them as an alternative to traditional shares. As the adoption of cryptocurrencies is growing globally, so is the reliance on Blockchain technology to manage assets.

What are Tokenized Stocks?

Tokenized stocks or shares are a way to hold assets in a token form or digitally. This is not only cheaper to issue than the traditional method but also easy to transfer. This reduces the barrier to entry for many who fail to comply with regulations and rules of the…

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El Salvador has not only been successful in legalizing Bitcoin but also in revolutionizing the traditional mining of cryptocurrencies. Although it has not received support from the World Bank, Bitcoin enthusiasts have lent their assistance to continue this undertaking.

World Bank not on board with El Salvador’s decision!

Adopting any currency, let alone Bitcoin can be quite challenging to a small country like El Salvador, which is why assistance was requested from the World Bank. However, El Salvador’s brave decision to be the first country to recognize Bitcoin as a valid currency and use it as payment for…

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Bitcoin has spiked again after a long week of fluctuations and developments. Elon Musk is being credited for the rise while vocal Bitcoin followers have praised the legalization of it in many countries as the driving force. Both are very capable of influencing the price change, but Elon’s vaguely “negative” opinion of Bitcoin seems unlikely to lead to a price rise.

Elon Musk and his cryptic Tweets!

Elon Musk is known for his random tweets that spark “interesting” conversations among the community, but it has been accepted that he has considerable influence through his tweets. Although they seem innocent, the results have proven to be very devastating.

This recent tweet from Cointelegraph addressed the criticism of…

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OVR is a blockchain platform that is revolutionizing the blockchain ecosystem by combining the AR/VR experience with virtual tokens. It introduces the concept of purchasing things in the virtual world that will hold value in the real world.

What is OVR?

OVR is a platform that hopes to capitalize on the digital marketplace just like NFTs did on digital art. With the blockchain, the value of digital products has become equivalent to real products. This is obviously keeping in mind that the concept is still new.

OVR also has tokens that…

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Cardano has been an interesting cryptocurrency when it comes to taking a more evidence-based approach rather than the traditional route. Created by Charles Hoskinson, one of the key developers on Ethereum.

Questioning the traditional method!

Cardano has created an important and interesting discussion around whether cryptocurrency should be based on research rather than protocols that are not looked into a lot. The implementation of “proof of stake” has challenged larger cryptocurrencies like Bitcoin to become more sustainable. “Ouroboros” is a blockchain protocol that is peer-reviewed…

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After the European Central Bank took the initiative to actively look into a CBDC, countries in the EU also followed with their own trials and experiments to develop a digital currency. Due to the lack of confidence in decentralized currencies, the race towards a CBDC has gained momentum.

Will France and Switzerland issue a CBDC?

The Central Bank of France had teamed up with Switzerland and BIS(Bank of International Settlements) Innovation Hub recently to work on a CBDC(Central Bank Digital Currency) project that focused on cross-border trades on the blockchain. The trial named Project Jura was led by Accenture, a Fortune Global 500 company that…

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Germany’s Fund Location Act initially proposed in April has been implemented recently, which will bring in lots of funding from institutional investors. Also, Germany is looking into an alternative solution to CBDCs, which is in contrast to other countries in Europe which are in favor of a digital currency regulated by the Central bank.

What does this new law entail for Germany’s Crypto Industry?

Germany has taken quite some time to enforce a law concerning investing in Cryptos, after legalizing digital securities in December(2020) and encouraged trading on the blockchain. However, this law might prove to be very beneficial to the Crypto industry in Germany and also the German economy at large. Germany’s Fund…

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Japan was one of the earlier countries to acknowledge cryptocurrencies, and it has used all this time to come up with a policy that regulates the market appropriately. It is also working on a CBDC trial that it is hoping will become more apparent in the year 2022.

A Brief History of Japan's Crypto Policy?

Although countries like El Salvador are being praised for their adoption of Bitcoin as legal tender, Japan was already on this path from 2016. …

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Smart Token Funds or STFs were created by WazirX as an alternative to mutual funds, the key difference being that you are investing in cryptocurrencies. This was devised as a way to let early investors in who were not well aware of the industry. The landscape of cryptocurrencies since 2 years ago when it was launched has drastically evolved and so have STFs.

What are STFs?

WazirX, India’s largest Crypto Exchange created STFs(Smart Token Funds) to let investors fund traders with experience in the Crypto space and profit off their skills. This is done by purchasing a smart token created by experienced managers who will control the portfolios of investors.

Smart tokens let your portfolio occupy…

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Switzerland has been dipping its toes into cryptocurrency, with major Swiss banks like Sygnum beginning to offer services related to digital currencies. It has also considered experimenting with a CBDC project along with the BIS and National Bank of France.

When did Switzerland begin to accept cryptocurrencies?

The “Blockchain Act” passed in September 2020 by the House of Representatives helped in paving a path for many banks and firms to offer cryptocurrencies as tradeable assets. …

Dwayne D'cunha

I write articles on Cryptocurrencies and social media.

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