BIG Logo-01

BIG Weekly Newsletter

March 23, 2023
Issue: No 176

A Message To The Reader

Welcome to the BIG weekly Newsletter!

This week read about how blockchain-based debt protocol Obligate records first bond issuance on Polygon network, why SITA, Indicio start piloting decentralized identity passports for Aruba travel and how after scalability, privacy is the next big thing in the blockchain space.

Remember to listen to our Partner Podcasts - THE SWISS ROAD TO CRYPTO with Didier Borel.

We offer a free consultation with access to the blockchain insights. Book your free consultation with us
here.

Mauro Cappiello
Founder, Blockchain Innovation Group AG

BIG SERVICES

Do you need to assess, evaluate & plan your business model?

Business Strategy
We can develop your business strategy by providing an assessment report, a detailed concept/whitepaper, digital asset and tokenization, establishing project and corporate governance (board, c-level) and localisation services to setup in Switzerland, govern your firm, fundraising support.

Product Implementation
We can design your product, service and target operating model (TOM), defining functional and service level requirements, requesting for proposal, evaluate & select service provider, implementing integration, project management, testing and go-live activities.

Regulatory Compliance
We can provide you with legal coordination with Lawyers, SRO, Finma, Non-Action letter, support with taxation, compliance, due diligence, risk assessment, support & tools, audit, policy framework and proof of cryptocurrency ownership, compliance workshops.

Operational Services
We can support your operations by establishing a team and leading day to day production activities, engaging specialists to minimize cyber security risks or attacks, providing technical solutions and architecture design, set up and manage IT infrastructure and analyzing the codebase of blockchain platforms and applications to identify vulnerabilities and potential improvements.

BLOCKCHAIN HEADLINES

Blockchain-based debt protocol Obligate records first bond issuance on Polygon network
The issuer was Muff Trading AG, a Swiss physical commodities trading boutique specializing in sourcing precious metals and raw materials from South America.

COINDESK

SITA, Indicio start piloting decentralized identity passports for Aruba travel
SITA, the technology provider has unveiled its latest decentralized identity pilot in association with digital identity startup Indicio. Soon, when visiting the Caribbean island of Aruba, tourists can use SITA’s DTC instead.

LEDGERINSIGHTS

After scalability, privacy is the next big thing in the blockchain space
Public blockchains provide decentralization and transparency, but they lack on the privacy side. The anonymity of transactions on blockchains like Bitcoin and Ethereum is steadily losing ground, as transactions and addresses are easily tracked.

COINTELEGRAPH

REGULATED DIGITAL ASSETS (STO, TRADING, CUSTODY, COMPLIANCE)

UK financial regulator mulls improving tokenization, asset management
Tokenization could be used to describe the right to issue participation rights in the funds as digital tokens via blockchain technology, according to the regulator.

COINGEEK

      Signum Digital says it won first approval to offer security tokens in Hong Kong
      Signum Digital plans to offer a platform for security tokens, known as STOs, which are traded on a blockchain and are linked to various asset classes.

      FORKAST

          World’s largest asset manager BlackRock is exploring ‘tokenization of stocks’
          According to Larry Fink, the chairman and CEO of BlackRock, the potential of tokenization of asset classes that could drive efficiencies in capital markets, shorten value chains, and improve cost and access for investors.

          FINBOLD

              FINANCIAL SERVICES & CENTRAL BANK DIGITAL CURRENCY (CBDC)

              Italian bankers want to see retail digital euro with DLT programmability
              The Italian Banking Association expressed broad support for the adoption of a digital euro and outlined three pillars to guide the design of a future CBDC. ABI wants the digital euro to enable new innovative services using distributed ledger technology.

              LEDGERINSIGHTS

              CBDC ban proposed by Florida Governor Ron DeSantis in new bill
              The law would also protect Florida residents from a global digital currency issued by a foreign central bank. Politicians in several other states support pro-CBDC bills that can transfer control of money from a citizen to the government.

              BEINCRYPTO

              Central bankers push bank deposit tokens as the mainstream digital currency
              During BIS Innovation Summit, two central bankers discussed bank deposit tokens as the heart of future money. Ravi Menon called the current banking system ‘archaic’ in its settlement processes.

              LEDGERINSIGHTS

              CRYPTOCURRENCIES, DeFi and NFT

              Bitcoin, ether build on recent gains as investors await Fed rate hike decision
              Investors are looking forward to the latest policy decision to come out of the Fed’s March meeting. Many investors are anticipating that the central bank will raise interest rates by 25 basis points.

              CNBC

              Revolutionary DeFi protocol IPOR to list on Bitget
              The protocol aims to bridge the gap between DeFi and TradFi by providing risk management tools, including interest rate derivatives and indexes, for the emerging DeFi credit markets.

              COINTELEGRAPH

              Luxury fashion house Balmain drops unicorn sneakers bundled with NFT version
              Balmain launched its latest Web3 initiative, dropping a limited series of NFT sneakers based on its Unicorn footwear line that each come with a pair of matching limited-edition real world shoes.

              DECRYPT

              RECOMMENDED INDUSTRY REPORTS AND BOOKS

              A New Intellectual Framework - Connecting the Invisible Dots
              This paper aims to set out some relevant ideas for the creation and establishment of a successful Financial DIGITAL MARKET INFRASTRUCTURE provider.

              SDX

              Swiss Digital Asset Market Report 2022
              The report helps better understand the thriving digital asset space by assembling the most important facts and figures.

              HOMEOFBLOCKCHIAN

              PODCAST SERIES

              THE SWISS ROAD TO CRYPTO PODCAST

              In this podcast Didier Borel discovers people in Switzerland playing an active role in crypto and tech. He talks to entrepreneurs, tech innovators and disruptors shaping the future in this country. Switzerland has always played a key role in banking and has recognized the need to foster innovation.
              2976666-1600875405933-1de4771ae30e6

              UNCHAINED PODCAST

              Laura Shin is a crypto/blockchain journalist and host of the Unchained and Unconfirmed podcasts. As a former senior editor of Forbes, she was the first mainstream reporter to cover crypto assets full-time. She gives an overview to all experts and novices alike on the use cases making a real impact, and their vision for the future of this innovative technology!
              Unchained podcast

              UPCOMING EVENTS

              PARIS BLOCKCHAIN WEEK SUMMIT
              March 20-24, 2023

              CONSENSUS 2023
              April 26-28, 2023

              depositphotos_311518494-stock-illustration-we-want-your-feedback-promotion




              Got a question?
              Or perhaps a suggestion? We'd love your feedback.
              Contact Rali Hill
              - content provider of this Newsletter.
              website email twitter linkedin custom 
              Email Marketing Powered by MailPoet