BIG Weekly Newsletter

May 04, 2023
Issue: No 182

A Message To The Reader

Welcome to the BIG weekly Newsletter!

This week read about how Mastercard launches Crypto Credential solution, why layer 3 is critical to innovation and blockchain’s future and how to control the AIs and incentivize the humans with crypto.

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

Mastercard launches Crypto Credential solution
The Crypto Credential is collaborating with four wallets Bit2Me, Lirium, Mercado Bitcoin and Uphold. And it aims to support developers across multiple blockchains, starting with Aptos, Avalanche, Polygon and Solana.

LEDGERINSIGHTS

Why layer 3 is critical to innovation and blockchain’s future
The Web3 community has an opportunity to focus on refining both the underlying technology that powers the blockchain and the way it approaches much-needed solutions to some of the most insidious problems.

FORKAST

How to control the AIs and incentivize the humans with crypto
When robots take over the world, they’d better be controlled by decentralized networks. And humans must be incentivized to prepare the data sets. Blockchain and tokens can help… but can blockchain save humanity from AI?

COINTELEGRAPH

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

Tokenized Japanese hotel includes utility token on MUFG platform
Regarding the value of the security tokens, the assets backing the security token in the Onsen Ryokan hotel are worth almost twice the amount of funds being raised, which will be redeemed in six years and nine months.

LEDGERINSIGHTS

      Where crypto can grow: Digital asset regulations around the world
      Find a breakdown of crypto regulations in different countries worldwide and whether they provide clear rules for a cryptocurrency industry to be built around, if they are hostile toward crypto firms.

      COINTELEGRAPH

          Nigeria’s SEC moves to regulate digital assets, excluding crypto
          In a bid to bring about harmony between the country’s crypto and banking sectors, the SEC is considering allowing asset exchange platforms to list their tokens. The regulator is contemplating tokens backed by specific tangible assets.

          WT

              FINANCIAL SERVICES & CENTRAL BANK DIGITAL CURRENCY (CBDC)

              Fluency’s CBDC solution could bridge account and token-based schemes
              Average users do not care about differentiating between an account or token-based CBDCs. However, two features related to token-based platforms make them undesirable for retail CBDCs.

              LEDGERINSIGHTS

              Exploring the risks of CBDCs, digital US dollars
              A CBDC could offer benefits like convenient access to central bank money. It could provide a platform for innovative financial products and services, faster and cheaper payments, and greater financial inclusion for consumers.

              BEINCRYPTO

              Mauritius central bank plans CBDC pilot in 2023
              The Bank of Mauritius confirmed plans to develop a retail central bank digital currency with a pilot planned for November this year. Digitalization and financial inclusion appear to be the primary motivations.

              LEDGERINSIGHTS

              CRYPTOCURRENCIES, DeFi and NFT

              Which crypto should you consider buying in the next bull market
              BTC’s standard deviation is lower than most other cryptocurrencies, except stablecoins. Bitcoin is the best choice in the current environment, as its positive returns are highly likely if you decide to hold BTC for a few years.

              BEINCRYPTO

              DeFi on Bitcoin? Trustless Computer says yes
              Trustless Computer hopes to use this new data-storing method to develop a Turing-Complete virtual machine on top of Bitcoin. This would mean that developers could build decentralized applications.

              BLOCKWORKS

              Sports Illustrated launches NFT ticketing platform on Polygon
              The use of NFTs as tickets to live events has been touted as a mass-market use case of Web3 technology. A major name as Sports Illustrated weighing in to the sector may give NFT ticketing some additional momentum.

              COINDESK

              RECOMMENDED INDUSTRY REPORTS AND BOOKS

              2023 State of Crypto Report:
              Introducing the State of Crypto Index

              A16ZCRYPTO

              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

              BITCOIN 2023
              May 18-20, 2023

              EPIC WEB 3 CONFERENCE
              June 09, 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