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BIG Weekly Newsletter

February 23, 2023
Issue: No 172

A Message To The Reader

Welcome to the BIG weekly Newsletter!

This week read about how Google Cloud becomes validator for Tezos blockchain, why Bosch, Fetch.ai create foundation for industrial blockchain, web3 and how China’s Shenzhen city to stamp data ownership on blockchain.

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
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Mauro Cappiello
Founder, Blockchain Innovation Group AG

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BLOCKCHAIN HEADLINES

Google Cloud becomes validator for Tezos blockchain
Google Cloud already runs validator nodes for several blockchains and will now become a corporate baker for the Tezos proof of stake blockchain. The term ‘baker’ is the Tezos equivalent of the operator of a validator node.

LEDGERINSIGHTS

Bosch, Fetch.ai create foundation for industrial blockchain, web3
Bosch Research and Fetch.ai are setting up the fetch.ai Foundation to research and commercialize web3 technologies in mobility, Industry 4.0 and smart homes.

LEDGERINSIGHTS

China’s Shenzhen city to stamp data ownership on blockchain
Under the proposal, data owners can claim property rights of their data that have been consensually collected by businesses and their derivatives by filing a registration with the relevant authorities.

FORKAST

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

How tokenizing real estate can turn the ‘rules’ on their head – by mastering them first
Properties around the world have been tokenized in a development that has the potential to reshape the real estate sector. Yet the phenomenon has not gained the kind of traction many of its proponents had hoped it might by now.

FORKAST

      Deutsche Bank tests tokenized funds on public blockchain
      Transfer agents would give an investor a digital identity as a soul bound token. With KYC data stored offline, this would enable the user to invest in any fund operated by the platform without the need to repeat the KYC process.

      LEDGERINSIGHTS

          Security tokens and tokenized securities are not the same thing
          Experimentation with tokenization is leading to growing confusion about terminology, and that is getting in the way of a deeper understanding of its potential.

          COINDESK

              FINANCIAL SERVICES & CENTRAL BANK DIGITAL CURRENCY (CBDC)

              Bank of Russia to pilot CBDC in April
              The project will be launched for peer-to-peer transfers between individuals and for retail purchases. After the pilot, the Bank of Russia will decide on the ways to expand the project.

              COINDESK

              Nigeria’s CBDC program called ‘a very dark experiment’
              This policy has culminated in a severe cash shortage triggering anger and disruption as businesses refuse to accept old denominations.

              CRYPTOSLATE

              Japan launches a CBDC testing program in April
              The testing phase includes processing simulated transactions with private financial companies, aiming to prepare Japan’s central bank in case the local government issues a digital version of the national currency.

              CRYPTOPOTATO

              CRYPTOCURRENCIES, DeFi and NFT

              Cryptocurrency miners are leading the next stage of AI
              Training a model like ChatGPT costs more than $5 million, and running the early ChatGPT demo, even before usage increased to its current level, costs OpenAI around $100,000 per day.

              COINTELEGRAPH

              Global standard setters will team up to tackle DeFi regulation
              The Financial Stability Board will work with other international standard setters to determine how DeFi activities should be regulated across different jurisdictions.

              COINDESK

              Blur overtakes OpenSea as Ethereum NFT trading skyrockets
              Following two straight months of sales growth, NFT trading rapidly accelerated over the past week as Ethereum NFT volume more than doubled during that span.

              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

              27 feb.2023
              BLOCKCHAIN ECONOMY LONDON SUMMIT
              February 27-28, 2023



              5th BLOCKCHAIN INTERNATIONAL SCIENTIFIC CONFERENCE ISC
              March 18, 2023


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