digital asset

A Blueprint for Digital Economy Released By Kenya

A Blueprint for Digital Economy Released By Kenya

The Ministry of Information Communications and Technology of Kenya along with various stakeholders in ICT arena has unveiled a digital economy blueprint which will help the nation to give leverage to its emerging market economy. Cabinet Secretary Joe Mucheru stated, “The digital economy will connect you to the world, your goods, services, and expertise will be accessible across borders, opening up markets and catapulting Kenya to join 1st world markets…”

Fidelity Investments Looking For Talent In Digital Assets Division

Fidelity Investments Looking For Talent In Digital Assets Division

The US-based Fidelity Investments (a investment management company) is looking to expand its digital asset wing and has number of openings. In its job listing it has nine professionals in fields ranging from analytics and data engineering to blockchain solutions architecture and blockchain solutions engineering. The company then said, “we are live with a select group of eligible clients and will continue rolling out slowly.”

Fidelity Will Start Institutional Bitcoin Trading Soon

Fidelity Will Start Institutional Bitcoin Trading Soon

Fidelity Digital Assets president Tom Jessop commented that more institutional investors are engaging with digital assets, either directly or through service providers, as the potential impact of blockchain technology on financial markets (new and old) becomes more readily apparent. The United States $7 trillion investment firm Fidelity will reportedly roll out bitcoin (BTC) trading for institutional clients in the coming weeks.

Seed Equity Capital Rename as CoinZoom Securities

Seed Equity Capital Rename as CoinZoom Securities

Seed Equity Capital (an investment company) has announced that it has rebranded itself as CoinZoom Securities. Todd Crosland, CEO of CoinZoom commented, “The new name CoinZoom Securities allows us to emphasize our wide-ranging business objective around changing the way that capital is being raised, with the goal of increasing access, lowering costs and improving regulatory compliance particularly with the issuance of digital securities,”

Survey Reveals 22% of Institutional Investors Own Digital Assets

Survey Reveals 22% of Institutional Investors Own Digital Assets

Tom Jessop, president of Fidelity Digital Assets, commented on the findings he seen a rise in interest in digital assets from early adopters, like crypto hedge funds, to traditional institutional investors like family offices and endowments. When it comes to the reason behind their interest in digital assets, 46% of respondents find the low correlation to other assets to be crypto’s most appealing characteristic. USA-based asset management firm Fidelity Investments released the results of a survey showing that 22% of institutional investors already own digital assets.

Timeless Luxury Group Brings Out Its DSO

Timeless Luxury Group Brings Out Its DSO

The Switzerland based luxury hospitality provider Timeless Luxury Group has launched its its Digital Security Offering (DSO) with a vision to expand. Michael Gössl, CEO of Timeless explained, An asset-backed digital security token offers something totally different. The terms are flexible and written into a smart contract, and it’s instantly liquid on crypto exchanges or peer-to-peer. It offers a new way of investing, and we’re at the tip of the iceberg in terms of where it will go. Timeless is pioneering this method of fundraising that will become the new normal.”

Smart Contract Language Merged With Hyperledger By Digital Asset

Smart Contract Language Merged With Hyperledger By Digital Asset

Digital Asset (a Blockchain software company) has integrated their smart contract language DAML with Hyperledger Sawtooth (a DLT modular platform). The firm explained on the integration: “Hyperledger Sawtooth’s Transaction Processor has a very flexible approach towards roles and permissions, for example, and is based on a very natural DLT network topology of fully distributed peers. DAML is based on a permissioned architecture and Hyperledger Sawtooth can be configured to be permissioned without requiring special nodes,”

Digital Asset To Standardise Derivates Data With ISDA

Digital Asset To Standardise Derivates Data With ISDA

Digital Asset (an enterprise blockchain company) is developing software with the International Swaps and Derivatives Association (ISDA) with aim to ease adoption of the trade group’s potentially cost-slashing data standards. Kelly Mathieson, head of enterprise solutions at Digital Asset, said “Following our success at the Barclays DerivHack in London last year, we have been working closely with ISDA with the joint goal of standardizing processes across the derivatives industry,”

BC Group Offers Insured Custody Offering For Asian Crypto Investors

BC Group Offers Insured Custody Offering For Asian Crypto Investors

Branding China Group (BC group a Hong Kong based trading & asset management firm) has launched an insured custody service for cryptocurrencies for institutional investors in Asia. Hugh Madden, CTO of BC Group commented, “BC Group’s custody service removes one of the key barriers that has to date prevented professional traders and institutions from adding digital assets to their portfolios.”

NEO Global Development in Zurich to Host First Developer Workshop

NEO Global Development in Zurich to Host First Developer Workshop

The first developer workshop will be organized by the NEO Global Development (NGD) in Zurich on this coming Thursday, April 4th. The workshop aims to educate the developers regarding the digital assets in the NEO ecosystem and will be focusing on the development of the smart contract which will be co-taught by the Dr Guil. Sperb Machado, Neow3j project lead.