Kaleido is working on Swift’s new Sandbox CBDC with wider industry participation

I published Kaleido is working on Swift’s new Sandbox CBDC with wider industry participation on Medium.

#stevehodgkiss #blockchain

Comments

Post a Comment

Popular posts from this blog

Bitcoins Journey to $100,000: Historical Insights and Future Outlook

Image
Bitcoin's Journey to $100,000: A Historical and Analytical Overview Introduction Bitcoin has profoundly reshaped global finance, emerging as the world's largest cryptocurrency and a sought-after investment asset. Reaching a historic milestone of $100,043 on December 12, 2024 , Bitcoin's resilience and trust as a store of value are highlighted. This article explores Bitcoin's historical performance, major achievements, and the implications for the financial ecosystem. Bitcoin Price History Bitcoin’s price history reveals extreme volatility and growing adoption. Despite facing dramatic highs and lows, it has consistently demonstrated resilience, navigating market challenges leading up to its six-figure breakthrough. Price Drops and Recoveries Throughout its journey, Bitcoin saw significant price drops but always recovered stronger due to factors like halving events and increasing adoption, ultimately reaching new heights by late 2024. Bitcoin's Milestone Ac...
Read more

El Salvador Bitcoin Policy Adjustment: Navigating IMF Loan Conditions and Financial Challenges

Image
El Salvador's Bitcoin Policy Adjustment: Navigating IMF Loan Conditions Introduction El Salvador’s decision to adopt Bitcoin as legal tender in 2021 placed it at the forefront of cryptocurrency innovation. However, as the country negotiates with the International Monetary Fund (IMF) for crucial financial support, it faces mounting pressure to adjust its Bitcoin policies to satisfy the IMF's loan conditions. This article delves into the adjustments being considered and their implications for the Salvadoran economy. The Need for Policy Adjustments The Initial Bitcoin Mandate and Its Impact on Businesses The mandate requiring businesses to accept Bitcoin has sparked interest but also created challenges, particularly for small enterprises lacking resources for technological adaptation. Reasons for Considering Voluntary Bitcoin Acceptance In response to local concerns, the government is now contemplating voluntary Bitcoin acceptance to ease the burden on businesses while p...
Read more

The Resurgence of NFTs and Cryptocurrency Markets: Unpacking Recent Developments in 2024

Image
The Resurgence of NFTs and Cryptocurrency Markets: Unpacking Recent Developments Introduction The digital asset space is witnessing remarkable growth in late 2023 and early 2024, with NFTs and cryptocurrencies leading the way. After a period of market stagnation, renewed investor interest and innovative technologies are driving a resurgence in both sectors. This article explores the latest developments, key trends, and future prospects for digital assets. NFT Market Revival The NFT market has bounced back significantly, with total sales reaching $562 million by November 2024. Key drivers include high-profile collections like CryptoPunks and Pudgy Penguins , whose sales volumes surged by 392% and 262%, respectively, fostering increased market activity. Blockchain Dominance ETH Remains Leading: Ethereum continues to be the go-to blockchain for NFTs, while Bitcoin's Ordinals protocol is gaining traction by allowing digital artifacts to be embedded on its blockchain. ...
Read more