(Bloomberg) -- The consortium proposing to take Seven & i Holdings Co. private has tapped Citigroup Inc. and Bank of America Corp. for financing, adding to a growing group of players in the potentially record-breaking management buyout bid, people familiar with the matter said.Most Read from ...

Seven & i Consortium Said to Tap BofA, Citi for Financing

(Bloomberg) -- Citigroup Inc. expects gold prices to hit a record $3,000 an ounce within three months, with geopolitical tensions and trade wars stoked by US President Donald Trump boosting demand for safe-haven assets.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees ...

Citi Sees Gold Soaring to $3,000 on Tensions Triggered by Trump

Here is how Citigroup (C) and Avidbank Holdings Inc. (AVBH) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Citigroup (C) This Year?

The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017.

Citi appoints Ashu Khullar as co-head of global asset managers, memo shows | Reuters

Citigroup has appointed Ashu Khullar to partner with Anthony Diamandakis to serve together as co-heads of global asset managers, according to an internal memo seen by Reuters on Wednesday. Khullar, who is moving from his current role as India subcontinent sub-cluster & banking head, will be ...

Citi appoints Ashu Khullar as co-head of global asset managers, memo shows

Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank's clients, according to the report. Citigroup did not immediately respond to a Reuters request for comment.

Citigroup cuts more jobs to meet expense goals, Bloomberg News reports

US stocks (^DJI,^GSPC, ^IXIC) are surging after a cooler-than-expected core inflation print and following Citigroup (C), JPMorgan Chase (JPM), Wells Fargo (WFC), and Goldman Sachs (GS) reporting strong results, kicking off earnings season in earnest. Quantum computing-related stocks like IonQ ...

Big Bank earnings top estimates, quantum computing stocks rally: Yahoo Finance

Citigroup Inc. Chief Executive Officer Jane Fraser started the day boasting that all five of the bank’s key businesses had seen revenue climb in the third quarter. Hours later, she found herself forced to deny that the bank has a secret regulatory straitjacket.

Citigroup's (C) Fraser Says Bank Not Facing Asset Cap, Paring Share Drop - Bloomberg

Citigroup

citigroup

We are all aware that AI is a hot button topic at the moment. It is something that’s attributed to just about everything, from deep fakes to stand up comedy, but how can AI help change the healthcare system in America? I recently sat down with Ramya Ganti, a tech expert in the healthcare space and the CEO of BabySteps, a women’s health startup. She has years of experience in expanding access to healthcare across the country, and offers insights into the field. Her work experience is vast, starting in a teaching hospital at Vanderbilt, and then expanding into AI and health tech fields with Thoughtful AI and Fortune 500 company BCG. She believes in creating a more efficient healthcare system that passes the savings along to the patients. Decluttering the system, and creating less confusion are at the core of Ganti’s beliefs and she was very thorough in her analysis of the United States healthcare system. Below is my best summation of what she said and how AI will help to build a stronger healthcare system that will ultimately benefit the people that matter the most: patients. What Is the Big Issue? “It all starts with an understanding of one of the biggest issues facing the healthcare system, and that issue has always been lack of efficiency,” said Ganti. “There are so many tasks that take up the time of doctors and hospital administrators that can be streamlined by the use of advanced technology such as AI.” Let’s begin by looking at a few examples she laid out for me. AI will help to speed up finding out what the diagnosis is for each patient, as well as accelerate drug development. Off to a good start already, but also it helps to streamline clinical trials, which leads to a more efficient delivery system. It can even help to automate the biggest system cloggers, administrative tasks, which in her words, “reduces the burden on healthcare providers allowing them to focus more on patient care.” Patient care is key, let’s face it. These efficiencies are welcomed on both sides, as it reduces the cost for the healthcare providers, allowing the trickle down effect of making healthcare more affordable for the patients. So what does the efficiency actually look like? Increasing Efficiency According to a Citigroup report, there will be a 25 to 30 percent reduction in administrative costs, thanks to an increase in automation of administrative tasks. AI-powered image analysis can help speed up disease detection by up to 90 percent, which leads to accelerated diagnosis leading to faster response times to medical issues. It helps nurses, too. A 30 percent offload in administrative tasks helps allow nurses to focus more on patient care and less on paperwork, according to Accenture research. Healthcare is one field where the use of AI increases the person-to-person contact. It does so by more accurately matching patients with doctors. Ganti believes heavily in the use of AI chatbots to help give research-backed answers 24/7. She says “I’m excited to see the significant impact this innovation will have.” For decades, the thought of not talking with another human being was looked down upon, but the innovation surrounding AI chatbots allows for a more efficient solution. Ganti sees a number of positive effects these chatbots are having. For example, they offer round the clock access to information, which reduces the unnecessary trips to the emergency room. Allowing patients to input their symptoms and get a preliminary assessment allows them to learn the severity of their illness, and whether a doctor's visit is required, saving money, especially for self-pay patients. And that’s not all, AI chatbots can also help with appointment scheduling once again helping to reduce administrative duties in the office. Now we know how AI is currently helping but what’s next? We are on the cusp of improving the healthcare system beyond what we had ever imagined. The next step in AI involves a deeper level of integration and personalization, and it's a major step with massive benefits for both patients and hospitals. AI can truly help with all levels of personal care. “We can see AI systems put into place that continuously analyze patient data to detect early warning signs of deterioration, as well as helping support clinicians in managing chronic conditions such as diabetes and cancer,” said Ganti. But it goes even beyond that. Operations efficiency, something that has lagged with overburdened hospitals, will improve. Predicting patient volume, resource allocation and even supply chain management, are all tasks more suited for an AI program. Ganti circles back to one of the biggest issues that hospitals face: “AI will aid with administrative duties through Robotic Process Automation, freeing up the staff for more patient care,” she said. “More time spent with patients is a fundamental benefit of integrating AI into hospitals.” Looking into the future, AI can help through augmenting intelligence. This will empower healthcare professionals and help to enhance their capabilities. It will go a step further, Ganti believes, by “ensuring AI systems are designed to complement human expertise and workflow.” Finally, getting to the heart of one of the major issues that has plagued the American healthcare system, is the wait times at doctor’s offices and hospitals. There is nothing worse than knowing you are having a health problem, but having to wait for something to be done about it. So, where does that leave the American healthcare system? We’re on the precipice of a new era, says Ganti, one driven by data analytics and a higher emphasis given to human interaction. In Ganti’s own words” “The future of healthcare will be marked by more precise, data-driven decision-making and significant financial savings,” she said. “Embracing these innovations today will pave the way for a more efficient, cost-effective healthcare system tomorrow.” We are all aware that AI is a hot button topic at the moment. It is something that’s attributed to just about everything, from deep fakes to stand up comedy, but how can AI help change the healthcare system in America? I recently sat down with Ramya Ganti, a tech expert in the healthcare space and the CEO of BabySteps, a women’s health startup. She has years of experience in expanding access to healthcare across the country, and offers insights into the field. Her work experience is vast, starting in a teaching hospital at Vanderbilt, and then expanding into AI and health tech fields with Thoughtful AI and Fortune 500 company BCG. She believes in creating a more efficient healthcare system that passes the savings along to the patients. Decluttering the system, and creating less confusion are at the core of Ganti’s beliefs and she was very thorough in her analysis of the United States healthcare system. Below is my best summation of what she said and how AI will help to build a stronger healthcare system that will ultimately benefit the people that matter the most: patients. What Is the Big Issue? What Is the Big Issue? “It all starts with an understanding of one of the biggest issues facing the healthcare system, and that issue has always been lack of efficiency,” said Ganti. “There are so many tasks that take up the time of doctors and hospital administrators that can be streamlined by the use of advanced technology such as AI.” Let’s begin by looking at a few examples she laid out for me. AI will help to speed up finding out what the diagnosis is for each patient, as well as accelerate drug development. Off to a good start already, but also it helps to streamline clinical trials, which leads to a more efficient delivery system. It can even help to automate the biggest system cloggers, administrative tasks, which in her words, “reduces the burden on healthcare providers allowing them to focus more on patient care.” Patient care is key, let’s face it. These efficiencies are welcomed on both sides, as it reduces the cost for the healthcare providers, allowing the trickle down effect of making healthcare more affordable for the patients. So what does the efficiency actually look like? Increasing Efficiency Increasing Efficiency According to a Citigroup report , there will be a 25 to 30 percent reduction in administrative costs, thanks to an increase in automation of administrative tasks. a Citigroup report a Citigroup report AI-powered image analysis can help speed up disease detection by up to 90 percent, which leads to accelerated diagnosis leading to faster response times to medical issues. It helps nurses, too. A 30 percent offload in administrative tasks helps allow nurses to focus more on patient care and less on paperwork, according to Accenture research . Accenture research Accenture research Healthcare is one field where the use of AI increases the person-to-person contact. It does so by more accurately matching patients with doctors. Ganti believes heavily in the use of AI chatbots to help give research-backed answers 24/7. She says “I’m excited to see the significant impact this innovation will have.” For decades, the thought of not talking with another human being was looked down upon, but the innovation surrounding AI chatbots allows for a more efficient solution. Ganti sees a number of positive effects these chatbots are having. For example, they offer round the clock access to information, which reduces the unnecessary trips to the emergency room. Allowing patients to input their symptoms and get a preliminary assessment allows them to learn the severity of their illness, and whether a doctor's visit is required, saving money, especially for self-pay patients. And that’s not all, AI chatbots can also help with appointment scheduling once again helping to reduce administrative duties in the office. Now we know how AI is currently helping but what’s next? We are on the cusp of improving the healthcare system beyond what we had ever imagined. The next step in AI involves a deeper level of integration and personalization, and it's a major step with massive benefits for both patients and hospitals. AI can truly help with all levels of personal care. “We can see AI systems put into place that continuously analyze patient data to detect early warning signs of deterioration, as well as helping support clinicians in managing chronic conditions such as diabetes and cancer,” said Ganti. But it goes even beyond that. But it goes even beyond that. Operations efficiency, something that has lagged with overburdened hospitals, will improve. Predicting patient volume, resource allocation and even supply chain management, are all tasks more suited for an AI program. Ganti circles back to one of the biggest issues that hospitals face: “AI will aid with administrative duties through Robotic Process Automation, freeing up the staff for more patient care,” she said. “More time spent with patients is a fundamental benefit of integrating AI into hospitals.” Looking into the future, AI can help through augmenting intelligence. This will empower healthcare professionals and help to enhance their capabilities. It will go a step further, Ganti believes, by “ensuring AI systems are designed to complement human expertise and workflow.” Finally, getting to the heart of one of the major issues that has plagued the American healthcare system, is the wait times at doctor’s offices and hospitals. There is nothing worse than knowing you are having a health problem, but having to wait for something to be done about it. So, where does that leave the American healthcare system? So, where does that leave the American healthcare system? We’re on the precipice of a new era, says Ganti, one driven by data analytics and a higher emphasis given to human interaction. In Ganti’s own words” “The future of healthcare will be marked by more precise, data-driven decision-making and significant financial savings,” she said. “Embracing these innovations today will pave the way for a more efficient, cost-effective healthcare system tomorrow.”

How Artificial Intelligence Will Actually Change The Healthcare System in America

The market for tokenized real-world assets (RWAs) has sparked a great deal of interest in the crypto community, with projects varying significantly on its future growth. Recently, some estimates have suggested that this market could reach $30 trillion by 2030. However, this figure has generated skepticism among certain industry experts, who believe that growth could be more moderate, though no less significant. Jamie Coutts, chief crypto analyst at Real Vision, is one of the critics questioning the viability of the $30 trillion projection. According to Coutts, a more realistic figure would be approximately $1.3 trillion by 2030, based on the current 121% compound annual growth rate (CAGR) that tokenized assets have experienced. While this valuation is considerably lower than the most optimistic projection, it still represents remarkable growth that could have a profound impact on the Web3 ecosystem. Asset tokenization involves converting physical assets, such as real estate, bonds, artwork and stocks, into digital tokens that can be traded on blockchain platforms. This process is seen as a way to improve liquidity, transparency and accessibility in traditional financial markets. And since its inception it has managed to attract the attention of investors and developers around the world. Are we being overly optimistic? The initial $30 trillion forecast came from a report published in June by Standard Chartered bank and consulting firm Synpulse, which estimated that RWAs could reach this valuation by 2034. However, Coutts cautions that these expectations may be too optimistic and that the projected exponential growth may not materialize in the near term. Despite his more conservative view, Coutts suggests that even a $1.3 trillion market could trigger a massive “ripple effect” in other areas of the crypto industry, such as non-fungible tokens (NFTs), social platforms and gaming. However, it also raises concerns about how the value generated by these tokenized assets will be distributed, especially on the Ethereum network, which has been the platform of choice for many financial institutions for their forays into blockchain. One of Coutts' main concerns is that much of the revenue generated by tokenization could be captured by Layer 2 networks, leaving the Ethereum base layer with a small fraction of the value. More conservative projections also support a more measured growth view. A recent report by McKinsey & Company notes that while tokenized financial assets have had a “cold start,” the market is still expected to reach $2 trillion by 2030. Other studies, such as one by the Global Financial Markets Association (GFMA) and Boston Consulting Group, estimate that the global value of tokenized illiquid assets could reach $16 trillion in the same period. Even more cautious estimates, such as those from Citigroup, suggest that between $4 trillion and $5 trillion in tokenized digital securities could be issued by 2030. This potential has led large firms, such as Goldman Sachs, to take significant steps in the tokenization arena, with plans to launch new tokenized products in the near future. Image credit: Pixabay https://pixabay.com/illustrations/network-digitization-keyboard-hand-7482510/ The market for tokenized real-world assets (RWAs) has sparked a great deal of interest in the crypto community, with projects varying significantly on its future growth. Recently, some estimates have suggested that this market could reach $30 trillion by 2030. However, this figure has generated skepticism among certain industry experts, who believe that growth could be more moderate, though no less significant. The market for tokenized real-world assets (RWAs) has sparked a great deal of interest in the crypto community, with projects varying significantly on its future growth. Recently, some estimates have suggested that this market could reach $30 trillion by 2030. However, this figure has generated skepticism among certain industry experts, who believe that growth could be more moderate, though no less significant. tokenized real-world assets (RWAs) tokenized real-world assets (RWAs) Jamie Coutts, chief crypto analyst at Real Vision, is one of the critics questioning the viability of the $30 trillion projection. According to Coutts , a more realistic figure would be approximately $1.3 trillion by 2030, based on the current 121% compound annual growth rate (CAGR) that tokenized assets have experienced. While this valuation is considerably lower than the most optimistic projection, it still represents remarkable growth that could have a profound impact on the Web3 ecosystem. According to Coutts According to Coutts Asset tokenization involves converting physical assets, such as real estate, bonds, artwork and stocks, into digital tokens that can be traded on blockchain platforms. This process is seen as a way to improve liquidity, transparency and accessibility in traditional financial markets. And since its inception it has managed to attract the attention of investors and developers around the world. Asset tokenization involves Asset tokenization involves Are we being overly optimistic? The initial $30 trillion forecast came from a report published in June by Standard Chartered bank and consulting firm Synpulse, which estimated that RWAs could reach this valuation by 2034. However, Coutts cautions that these expectations may be too optimistic and that the projected exponential growth may not materialize in the near term. Are we being overly optimistic? The initial $30 trillion forecast came from a report published in June by Standard Chartered bank and consulting firm Synpulse, which estimated that RWAs could reach this valuation by 2034. However, Coutts cautions that these expectations may be too optimistic and that the projected exponential growth may not materialize in the near term. Despite his more conservative view, Coutts suggests that even a $1.3 trillion market could trigger a massive “ripple effect” in other areas of the crypto industry, such as non-fungible tokens (NFTs), social platforms and gaming. However, it also raises concerns about how the value generated by these tokenized assets will be distributed, especially on the Ethereum network, which has been the platform of choice for many financial institutions for their forays into blockchain. One of Coutts' main concerns is that much of the revenue generated by tokenization could be captured by Layer 2 networks, leaving the Ethereum base layer with a small fraction of the value. More conservative projections also support a more measured growth view. A recent report by McKinsey & Company notes that while tokenized financial assets have had a “cold start,” the market is still expected to reach $2 trillion by 2030. Other studies, such as one by the Global Financial Markets Association (GFMA) and Boston Consulting Group, estimate that the global value of tokenized illiquid assets could reach $16 trillion in the same period. McKinsey & Company McKinsey & Company Even more cautious estimates, such as those from Citigroup, suggest that between $4 trillion and $5 trillion in tokenized digital securities could be issued by 2030. This potential has led large firms, such as Goldman Sachs, to take significant steps in the tokenization arena, with plans to launch new tokenized products in the near future. Image credit: Pixabay https://pixabay.com/illustrations/network-digitization-keyboard-hand-7482510/ Image credit: Pixabay https://pixabay.com/illustrations/network-digitization-keyboard-hand-7482510/

Are RWAs Overvalued? Experts Believe the Market's Growth May Not Be as Significant as Expected

هل يتم المبالغة في تقدير الأصول المرجحة بالمخاطر؟ يعتقد الخبراء أن نمو السوق قد لا يكون كبيرًا كما هو متوقع

Надценени ли са RWA? Експерти смятат, че растежът на пазара може да не е толкова значителен, колкото се очакваше

Είναι υπερτιμημένα τα RWA; Οι ειδικοί πιστεύουν ότι η ανάπτυξη της αγοράς μπορεί να μην είναι τόσο σημαντική όσο αναμενόταν

¿Están sobrevalorados los RWA? Los expertos creen que el crecimiento del mercado puede no ser tan significativo como se esperaba

Les RWA sont-ils surévalués ? Les experts estiment que la croissance du marché pourrait ne pas être aussi importante que prévu

RWAは過大評価されているか？専門家は市場の成長は予想ほど大きくないと考えている

តើ RWAs មានតម្លៃលើសមែនទេ? អ្នក​ជំនាញ​ជឿ​ថា​កំណើន​ទីផ្សារ​អាច​នឹង​មិន​មាន​សារៈសំខាន់​ដូច​ការ​រំពឹង​ទុក

RWAлар ашыкча бааланып жатабы? Эксперттер рыноктун өсүшү күтүлгөндөй олуттуу болбошу мүмкүн деп эсептешет

RWAs ມີມູນຄ່າເກີນບໍ? ຜູ້ຊ່ຽວຊານເຊື່ອວ່າການເຕີບໂຕຂອງຕະຫຼາດອາດຈະບໍ່ມີຄວາມສໍາຄັນດັ່ງທີ່ຄາດໄວ້

Ar RWA yra pervertinti? Ekspertai mano, kad rinkos augimas gali būti ne toks reikšmingas, kaip tikėtasi

Je, RWAs Zinathaminiwa Zaidi? Wataalamu Wanaamini Ukuaji wa Soko Huenda Usiwe Muhimu Kama Ilivyotarajiwa

RWAs ልዕሊ ዓቐን ዋጋ ኣለዎም ድዩ? ዕብየት እቲ ዕዳጋ ከምቲ ትጽቢት ዝግበረሉ ርኡይ ክኸውን ከምዘይክእል ክኢላታት ይኣምኑ

How Useful are Computational Models to Traders in Their Decision Making?

SINGAPORE, Singapore, April 3rd, 2024/Chainwire/--Skate is backed by leading founders in web3, including EigenLayer, Polygon, Manta, Axelar, Pendle, A41 and Galxe, supporting its vision to make web3 efficient for a modular future by solving application fragmentation
Range Protocol, a unified liquidity provisioning platform, today announced the launch of Skate, the universal application layer that empowers apps to run on thousands of chains with one state. Designed with an intent-centric approach, Skate aims to efficiently address the application fragmentations as a single hub for all code deployment across all chains. Backed by leading web3 players, including EigenLayer, Polygon, Manta, Axelar, Biconomy, Pendle, A41, Vertex, Navi, Galxe, Pontem and more, Skate will deliver its vision with faster finality and universal application scope, paving the way for its mainnet launch within the year. In today’s multi-chain landscape, applications face pressing needs to deploy, adapt and maintain across an increasing number of chains. Skate introduces the concept of a Universal Application Scope, where essential applications are developed collectively and maintained in a shared pool accessible to all chains — regardless of its underlying Virtual Machine environment. With Skate, users and developers are able to efficiently and instantly access thousands of chains by interacting with one application instance. Siddharth Lalwani, Co-Founder and CEO of Range Protocol shared, “The rise of modularity powered innovations such as improved throughput and reduced transaction costs. However, it also came with its own set of challenges, most notably, application fragmentation. Skate introduces the concept of the Universal Application Layer, where essential applications are developed collectively, and maintained in a shared pool accessible to all chains. This ensures foundational needs of builders and users are met efficiently, allowing each chain to focus on creating value-added services and laying the building blocks for a modular future.” Move from Duplication to Innovation: One Skate, One State Skate is the only intent-centric application layer in the ecosystem, enabling applications to run across thousands of chains and different tech stacks at the same time through a single interface. Moving past duplication of deployments, Skate works as a hub for deploying, developing and maintaining a singular version of smart contracts while servicing users across diverse chains. One of the key innovations of Skate is the embedding of interoperability within the application logic, reversing the legacy approach of building apps first and integrating interoperability afterwards. Skate ensures that all applications are created with interoperability as a foundational component, streamlining the development process and removing the necessity to bridge assets, but also significantly enhances the user experience by providing a fluid, interconnected ecosystem where transactions and information flow effortlessly between chains. Aside from the underlying interoperability networks, Skate will be connected to all the blockchains through Fast Finality Network, secured by EigenLayer actively validated service (AVS), to send state attestations from Skate with sufficient trust minimized assumptions. This brings instantaneous cross-chain intent-driven settlements and reduces slippage when making trades while removing unnecessary complexities from an end-user perspective. Securing the Modular Future, Backed by Web3 Pioneers The launch of Skate is supported by buy-ins from leading web3 players, including EigenLayer, Polygon, Manta, Axelar, Biconomy, Pendle, A41, Vertex, Navi, Galxe, Pontem and more. Forged by the same team of financial engineers and web3 developers behind Range Protocol, a unified liquidity provisioning platform covering key DeFi asset classes, the Skate team brings deep cumulative experience from leading companies like Altonomy, Point72, Bybit, Certik and Citigroup. Skate’s launch also follows Range Protocol’s $3.75M seed round last year, led by HashKey Capital and Nomad Capital. In the coming months, Skate aims to introduce Testnet Campaigns to community members with unique incentives. To keep up to date on Skate and its upcoming testnet campaigns, make sure you follow their Twitter: . https://twitter.com/skate_chain About Range Protocol and Skate Underpinned by robust on-chain trading infrastructure, Range Protocol is a unified liquidity provisioning platform. Harnessing advanced expertise and professional strategies, Range Protocol covers key DeFi asset classes through its vault offerings. Combining the best of automated market makers (AMMs) and request-for-quote (RFQ), Range Protocol empowers sound decision-making and optimized strategies for the next generation of investors — with no intermediaries needed. Forged by a team of financial engineers and web3 developers with extensive crypto trading proficiencies, Range Protocol brings deep experience from leading companies like Altonomy, Point72, Bybit, Certik and Citigroup. Its most recent $3.75M seed round was led by HashKey Capital and Nomad Capital. Range now expands into Skate, the universal application layer that empowers apps to run on 1000s of chains with one state. Skate was born with the realization of the limitations of the legacy on-chain trading infrastructure, which deploys repetitive blocks on every new chain. Underpinned by innovation, Skate delivers fast finality across all chains, secured by EigenLayer actively validated service (AVS), and acts as a single hub for all code deployments. Separating assets from pricing, Skate introduces the concept of a Universal Application Scope, where essential applications are developed collectively and maintained in a shared pool accessible to all chains — regardless of its underlying Virtual Machine environment. Solving for dApp/chain-liquidity fragmentation in a modular web3 landscape, Skate ensures foundational needs are met efficiently, allowing each chain to focus on creating unique, value-added services. For more information, please visit: Website: Twitter/X: http://skatechain.org/ https://twitter.com/skate_chain Contact Skate / Range Protocol range@wachsman.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

Range Protocol Unveils Skate: An App Layer Powering Apps To Run On All Chains With One State

রেঞ্জ প্রোটোকল স্কেট উন্মোচন করেছে: একটি অ্যাপ্লিকেশান লেয়ার পাওয়ারিং অ্যাপ্লিকেশানগুলি একটি রাজ্যের সাথে সমস্ত চেইনে চালানোর জন্য

Range Protocol stellt Skate vor: eine App-Schicht, die es Apps ermöglicht, auf allen Ketten mit einem Status zu laufen

Range Protocol presenta Skate: una capa de aplicaciones que permite que las aplicaciones se ejecuten en todas las cadenas con un solo estado

Range Protocol dévoile Skate : une couche d'application permettant aux applications de fonctionner sur toutes les chaînes avec un seul état

रेंज प्रोटोकॉल ने स्केट का अनावरण किया: एक ऐप लेयर जो ऐप्स को एक स्टेट के साथ सभी चेन पर चलाने की शक्ति प्रदान करता है

Range Protocol が Skate を発表: 1 つの状態ですべてのチェーン上でアプリを実行できるようにするアプリ層

Range Protocol, 스케이트 공개: 앱이 하나의 상태로 모든 체인에서 실행되도록 지원하는 앱 레이어

Range Protocol revela Skate: uma camada de aplicativo que permite que aplicativos sejam executados em todas as cadeias com um estado

Range Protocol представляет Skate: уровень приложений, позволяющий запускать приложения во всех цепочках с одним состоянием

Range Protokolü Skate'i Tanıtıyor: Uygulamaların Tüm Zincirlerde Tek Durumla Çalıştırılmasına Güç Veren Bir Uygulama Katmanı

Range Protocol ra mắt Skate: Lớp ứng dụng hỗ trợ các ứng dụng chạy trên tất cả các chuỗi với một trạng thái

Range Protocol 推出 Skate：一个应用层，为所有链上运行的应用提供支持

The following are the top of my RWA projects. I put the list together based on interesting facts surrounding them, whether they talk about partnerships, connections, or proof of time acquired by cooperating with corporations and governments. Also, I am focusing on new projects that still need to prove their true potential. This article will describe several RWA projects, but the main focus is on the first three. Also, I will provide detailed reasoning between the first two projects, and it’s only my own opinion. Also, all listed projects are solid and create strong and needed competitors to create a desired competition, without the essence of which the mentioned project would not grow. Thanks to this article, you can better understand the technology and interesting projects in this space as a springboard for your own research. [1] Maple Finance The first place goes to Maple (MPL). Beyond its appealing logo (a nod to my Toronto Maple Leafs fandom) and food-inspired name), what sets this project apart are two key advantages it holds over traditional banks. First, Maple enables global capital aggregation, leveraging the Ethereum blockchain's infrastructure. Secondly, it facilitates loans worldwide. By operating on this digital platform, Maple can efficiently pool capital, create loans, and manage repayments, offering a superior alternative to traditional banking. Notably, even large-scale withdrawals from Maple are processed within hours, a testament to its efficiency and scalability. Maple's strategic alliances further enhance its appeal. It collaborates with Circle, the entity behind the USDC stablecoin, and is in active discussions with Vaneck, a potential game-changer for the project. The only hurdle in Vaneck's direct interest is the green light from DeFi user regulators, a challenge that Maple needs to be well-positioned to overcome. All in all, Maple seems more tailored for bigger investors, and one should follow the money flow. To sum it up, Maple Finance is revolutionizing DeFi and institutional lending, and I'm here for it! Their innovative use of Ethereum for global capital aggregation and worldwide loans is something impressive. With strategic partnerships enhancing its allure and a keen eye on navigating regulatory waters, Maple is positioned to bridge traditional finance and blockchain. It's an exciting time to watch Maple cater to the needs of big investors and institutions, promising a seamless blend of RWA and DeFi. Chico Crypt also covered this project in his podcasts. Yup, they have written in their cards but don't worry, the competition is very strong :) [2] LTO Network The second place goes to the LTO Network, a new player in the RWA field. However, we must remember that it is the leading blockchain in Europe for business and corporate use. Their achievements and contributions to blockchains paved the way for successfully delivering the DeFi RWA bridge that connects real-world assets with DeFi liquidity. Their main advantage is their background in law; thus, they have a better chance to score big with DeFi regulators and find a way to do business with each country's legislation. The Dapps on LTO Network now offer a range of tools that solve broader issues such as identity, digital ownership, and privacy. Their latest solution for bridging real-world assets (RWA) on a chain is extremely cool. You can now tokenize everything in a so-called “ Ownable” and hold/trade and consume these in your wallet. Everything on LTO is also GDPR compliant, and they have another company founded by LTO Network CEO, , which solves the taxes and legislation for their business. Besides, their key partnerships, especially with Unizen, are crucial for improving RWA and DeFi integration, ensuring secure, transparent DeFi access for institutions. Also, the upcoming EQTY platform launch is highly anticipated and set to centralize RWA operations and enhance DeFi liquidity ties, marking a major leap in the RWA ecosystem's development. Other great things about this project are its unique tokenomics and history records, which put it on the map as a serious and verified-by-time project (since 2018). Also, it is good to remember its connections with Polygon, Chainlink, and Curve, which provide massive advantages in gathering needed liquidity and proper operability with other blockchains. To bring this home, here is the last thing I want to say: Centralization often hampers the integration of Real World Assets (RWA) into the blockchain, posing a risk to asset security. LTO Network fixes this with a decentralized system and Layer-1 infrastructure that includes a privacy layer, ensuring that asset value is recognized and protected. Based on information shared by LTO, their users will have access to investments such as: Firm24 bar of gold stake of Private Equity (PE) that invests in cryptocurrency stake of Venture Capital (VC) funds that invest in cryptocurrency LTO Network's strengths in the RWA space lie in its familiarity with the importance of regulations for blockchain and DeFi and its founders' past working experience with legal structures and taxes. The potential combination of DeFi and RWAs provides the best possible use case for crypto, where blockchain delivers a platform for crypto in traditional money and finance. Now that third place on my list is clear. I am pretty sure Florence Finance is a solid choice that just needs to prove itself after achieving Tier 1 and 2 CEX listings and a better position in the MC leaderboard; the description is just a little bit lower in this article. It is time to explain what led me to decide first and second place. Maple Finance may outperform LTO Network by offering more specialized financial instruments and lending solutions due to its focus on decentralized corporate debt markets. Its emphasis on institutional borrowers and undercollateralized loans could provide businesses with more tailored capital-raising and liquidity management options. Additionally, Maple Finance's expertise in DeFi lending and navigating financial regulations may offer advantages to users seeking specialized financial services on the blockchain. On the other hand, LTO Network's broad utility in enhancing business processes, coupled with its innovations in asset management and data privacy, positions it as a versatile and secure platform for organizations looking to leverage blockchain technology for a wide range of applications beyond the scope of DeFi lending and liquidity solutions offered by Maple Finance. Besides, LTO Network excels in bridging digital and traditional financial systems by facilitating tokenizing and managing real-world assets. This capability allows for the seamless integration of physical assets into the blockchain, providing users with innovative ways to manage and verify ownership - a significant advancement in asset liquidity and accessibility. If we add Rick Schmitz's background as a tax lawyer and well-established connection, we will have strong competition for Maple Finance if the cards are played right. Besides, both can have similar yet distinct areas of interest, thus attracting different sets of clientele. Now, I will go to project number three, the last-ranked project on my list. [3] Florence Finance Florence Finance (FF). Another new player in the field, and third place on my list, still needs to be added to tier 1 or 2 CEXes; thus, it provides a decent narrative for a run. Florence's founder is Chiel Ruiter, a former Managing Director at Goldman Sachs and UBS, who leads the project. Alongside him is Leo Greve, who brings extensive experience at ING Bank and Citigroup. While having team members with established careers and connections is beneficial, FF seeks to transcend the need for corporate affiliations. The project aims to democratize access to the RWA ecosystem for both large and small crypto investors, eliminating the reliance on institutional intermediaries. The platform's integration with the USDC, EURS & EURA stablecoins, issued by Circle, STASIS, and Angle Protocol, marks a significant step in its evolution. This integration enhances transparency and adds stability, leveraging Stasis & Angle's status as the widely used and successful Euro stablecoins in the DeFi space. The team's knowledge is good, and based on my research, Rick Schmitz, the LTO Network founder and industry leader in blockchain, was an advisor in the early days. FF is not just another project. It's an Arbitrum blockchain innovation that bridges Real-World Assets (RWA) and Decentralized Finance (DeFi). The platform opens doors to financial tools and markets, traditionally accessible only to those with substantial portfolios and connections. This unique approach piques curiosity and sets Florence apart. Florence's mission is clear: efficiently and transparently converting users' excess stablecoin balances into Euro-denominated, yield-generating loans for European SMEs. This vision fosters a collaborative platform between users and SME lenders, inspiring a new era of financial inclusivity. The protocol's design ensures that it never loans out more than the raised funds, operating without leverage or fractional reserves. While users may temporarily face liquidity constraints in converting FLR to stablecoins, the solidity of FF and the underlying loan portfolio remains unaffected and has over three years of onchain provenance without credit events. Clearpool First place out of my top three, yet I need to say the one with the most active marketing, measured based on the cardinality of created blog posts  and a Twitter presence. Clearpool has a special place in this article, mainly because it provides good competition for Maple, even though it focuses on different market aspects. Clearpool is known for its unique approach to uncollateralized lending pools, enabling individual and institutional liquidity providers to offer capital to borrowers directly. It emphasizes dynamic interest rates based on pool liquidity and borrower demand, whereas, on the other hand, Maple opts for structured corporate debt, allowing crypto-native companies and institutional borrowers to obtain undercollateralized loans. While their name, Clearpool, makes us think of the fun-filled movie Deadpool, Clearpool is "dead" serious about its approach, which is to connect various RWA stakeholders using permissionless marketplaces. Besides, it is pioneering the bridge between traditional finance and DeFi while maintaining compliance with regulations. Clearpool is a decentralized finance ecosystem incorporating the first-ever permissionless marketplace for unsecured institutional liquidity. Driven by market forces of supply and demand, Clearpool’s permissionless single-borrower pools enable institutions to raise short-term capital while providing DeFi lenders access to risk-adjusted returns based on interest rates derived by market consensus. A second, fully permissioned institutional-grade platform meets the compliance needs for wholesale borrowing and lending of digital assets by institutional market participants. This is a non-custodial, institutional-grade marketplace where you can connect to the largest global KYC and AML-compliant network for wholesale borrowing and lending of digital assets. Since Clearpool is permissionless, you can lend directly to whitelisted institutions and earn risk-adjusted returns without a lock-up period. The Clearpool Oracle network, composed of various institutions, votes on parameters determining permissionless pools' interest rates. The rest of the RWA I will list here lies on a similar level for me, yet they differ in a special gambit here and there. They all have proof of record, achievements under their belt, and already working products. Besides, mentioning some competitors and providing a complete picture is always good, so here it is: Aave Aave is the largest DeFi project currently on the market. It operates and governs the network through a decentralized autonomous organization (DAO), so its significance must be considered. Being a DAO means Aave has a governance token that allows people to vote and participate in network ecosystems. While their product is good, the Aave token as an investment provides another reason to give it a go when the RWA bulls are back in town. Aave is a decentralized finance application that allows people to lend and borrow cryptocurrencies to earn fees. It is also a Source Protocol to create Non-Custodial Liquidity Markets to earn interest on supplying and borrowing assets with variable or stablecoins. Aave offers peer-to-peer lending using crypto as a traded asset. It uses an algorithm to determine lending rates and match lenders to borrowers. Aave has an associated Aave token, an Ethereum-based token that powers the governance of its platform. Ondo Finance Ondo Finance has grabbed my attention due to the institutional grade RWA structure they have implemented. I can see their platform appealing to investors looking for something closer to the world of traditional finance. Ondo Finance (OF) provides access to RWA-backed pools for yield generated from real-world assets such as treasury bonds and other institutional-grade assets. OF is also a DeFi platform that offers structured investment products, combining fixed-income and variable-yield strategies within the cryptocurrency market. It aims to bridge traditional and decentralized finance by providing users with diversified investment options. Ondo allows investors to choose between stable, lower-risk returns and higher-risk, variable returns, catering to different risk appetites. This approach makes DeFi more accessible to a broader range of investors, particularly those seeking structured and diversified investment strategies in crypto. Goldfinch Finance Borrowing capacity and access to liquidity are major drawcards for RWAs, and Goldfinch is firmly exploring this area. Thus, I am including it on my list. Goldfinch is a decentralized finance protocol that extends credit to borrowers without requiring traditional crypto collateral (it eliminates the need for borrowers to over-collateralize their loans with on-chain assets). It allows investors to supply capital to borrower pools, which is then lent out. The project aims to expand access to capital, especially in emerging markets, by leveraging off-chain credit assessments to make loans. Goldfinch focuses on creating a more inclusive finance model by bridging DeFi and traditional credit markets. Borrowers (currently off-chain lending businesses) propose deal terms for credit lines (Borrower Pools) to the protocol. Goldfinch's community of Investors can then supply capital to these credit lines (Pools), either directly to individual Pools (as Backers) or indirectly by automatically allocating capital across the protocol (Liquidity Providers via the Senior Pool). These Borrower businesses use their credit lines to draw down stablecoins, specifically USDC, from their Pool. Borrowers then exchange the USDC for fiat currency and deploy it on the ground to end-borrowers in their local markets. Thus, the protocol provides the utility of crypto—specifically, its global access to capital—while leaving the actual end-borrower loan origination and servicing to the businesses best equipped to handle that in their communities. The end

Unlocking 2024/25: The Ultimate Guide to Top RWA Crypto Projects

2024/25 আনলক করা: শীর্ষ RWA ক্রিপ্টো প্রকল্পের চূড়ান্ত নির্দেশিকা

2024/25 freischalten: Der ultimative Leitfaden für die besten RWA-Kryptoprojekte

Desbloqueo 2024/25: la guía definitiva para los principales proyectos criptográficos de RWA

Déverrouillage 2024/25 : le guide ultime des meilleurs projets de cryptographie RWA

अनलॉकिंग 2024/25: शीर्ष आरडब्ल्यूए क्रिप्टो परियोजनाओं के लिए अंतिम गाइड

2024/25 年のロック解除: トップ RWA 暗号プロジェクトへの究極ガイド

2024/25 잠금 해제: 최고의 RWA 암호화폐 프로젝트에 대한 궁극적인 가이드

Desbloqueando 2024/25: o guia definitivo para os principais projetos de criptografia RWA

Разблокировка 2024/25: полное руководство по лучшим криптопроектам RWA

2024/25'in Kilidini Açma: En İyi RWA Kripto Projelerine İlişkin Temel Kılavuz

Mở khóa 25/2024: Hướng dẫn cơ bản về các dự án tiền điện tử RWA hàng đầu

解锁 2024/25：顶级 RWA 加密项目终极指南

To the woke-liberal lot, any assertion that India was once the richest country in the world will evoke hysterical laughter and probably a familiar jibe that it was impossible for India to ever have been the proverbial (golden bird). soney ki chidya But facts speak otherwise. India was indisputably the largest economy in the world between the first century AD and the seventeenth century AD accounting for one-third or one-fourth of global wealth. India’s GDP in 1700, in terms of 1990 international dollars was $90,750 as compared to $82,800 of China’s and $83,395 for the whole of Western Europe. Considering that the world GDP in that year was $371,369, India’s share of the global economy was an astounding 24.43%.[1] What Caused the Downfall? From a high of more than 24% of the world economy in 1700 to 4% of global GDP at the end of British rule, India’s fall from its preeminent position at the top to the very bottom was a direct consequence of the pernicious impact of colonial rule. Britain’s rise to be the largest empire ever known to mankind occurred during the course of its 200-year rule in India and was financed by the wholesale looting of India and the asset stripping of its economy. It is not surprising that the Hindi word loot meaning large-scale theft, made its way to the English language. Evidence of that loot can still be found in the museums, private collections, and imperial treasury of modern Britain. The most emblematic of this is the famed diamond. Kohinoor So thoroughly did the British devastate and enervate the Indian economy that even today, seventy-six years after independence, large numbers of its people suffer from poverty, lack of access to clean drinking water, access to healthcare, and education. That is not to take away from the vast change that has come over the country, which is now acknowledged as a global economic power boasting the fifth largest economy in the world having overtaken its erstwhile colonial master Britain. It has seen the emergence of a 432 million strong middle class (2020-21 figures) which is expected to hit 1.66 billion in 2047.[2] Creditably as many as 415 million people were lifted out of poverty in 15 years between 2005 and 2021[3]. India is a technology and space powerhouse that commands global respect for its accomplishments. Its diaspora has reached every part of the globe with people of Indian origin reaching the highest positions in corporations and governments of some of the leading first world nations. India also has a sizeable military that acts as a force of global stability-something that was evidenced by India’s naval operations against international pirates in the Red Sea region. Can India Become the Richest Country in the World Again? At a time when most people in the world expect China to replace the US as the numero uno nation, it is important to remember that India was largely a bigger economy of the two in the years leading up to the colonial era. Given the slew of recent bad news trickling out of China, in terms of its collapsing demographics and slowing down industries, India, which is the fastest-growing large economy in the world with a much younger demographic profile, stands a good chance of racing ahead in the not-so-distant future. India is one of the very few countries in the world that not only grows enough food to feed its own people, but also export it. Besides, its geographical position that allows it to straddle the important sea routes that pass below its peninsula means that it will never be vulnerable when it comes to sourcing its energy supplies. What do the facts state? An Ernst and Young report suggests that India could become a $26 trillion economy by 2047, boasting a per capita income of more than $15000 by then. [4] Goldman Sachs, on the other hand, predicts that India will become the world’s second-largest economy by 2075, overtaking the US in the process.[5] A study by Citi Group actually expects India to be the largest economy in the world by 2050 with an $85.97 trillion GDP by Purchasing Power Parity, followed by China at $80.02 trillion and the US at $39.07 trillion. That will translate to a per capita income of more than $50,000 per capita income considering the nation’s population to be 1.63 billion.[6] Will India do it? It’s not going to be easy. But it has done it in the past and held on to that position for a millennium and a half. It is said that what goes around comes around. It is India’s time now. Let it rise and rise. [1] https://cgijeddah.gov.in/web_files/267622636-History-of-Indian-Economy.pdf [2] https://www.business-standard.com/economy/news/indian-middle-class-will-nearly-double-to-61-by-2046-47-price-report-123070500864_1.html [3] https://timesofindia.indiatimes.com/india/415-million-people-exited-poverty-in-india-in-15-years-un-report/articleshow/101678289.cms [4] https://assets.ey.com/content/dam/ey-sites/ey-com/en_in/topics/india-at-100/2023/01/ey-india-at-100-executive-summary.pdf [5] https://www.cnbc.com/2023/07/10/india-to-become-worlds-second-largest-economy-by-2075-goldman-sachs.html [6] https://economictimes.indiatimes.com/opinion/et-commentary/with-85-trillion-how-india-can-become-worlds-largest-economy/articleshow/10699821.cms

Time for India to Gain Back Its Position as the Richest Country in the World

2022 and 2023 were great times to make gains in the bear market but even greater for accumulating all sorts of tokens. Perhaps the year's biggest highlight, however, was a much-publicized fight for investors' attention. It was a battle to define the way forward in crypto development, and it hinged on the real-world use case. In the midst of this battle for the “next big thing in crypto,” two distinct trends have arisen - NFTs and Memecoins - which have garnered some attention and also signalized a few things: Sentiments have shifted from a bear market to a sense of relief. Excess capital is present in the system. Early founders and adopters mixed with investors are preparing for an influx of retail. In most respects, nevertheless, the battle is already over - especially for investors with a good sense of market sentiments and research. The victors in this crypto competition are not NFTs or Memecoins, however, but rather decentralized finance (DeFi) and Real-World Assets (RWA). Both are a part of the biggest and fastest-growing sectors in crypto and all finance and define, so far, the only proven real-world use cases for crypto. Although the first name already rings a bell if you are at all familiar with crypto, the second one is of greater importance since it denotes a catalyst for crypto market cap enlargement. Even though this has not yet entered public knowledge, more and more industry leaders are starting to cooperate with RWA and DeFi projects, which are the only aspects of today's crypto with proven practical applications. In addition, institutional money is getting involved in these areas. The institutional interest combined with retail enthusiasm caused by entering a bullish crypto cycle, the existence of which is even more probable due to the Bitcoin halving, will cause the crypto market cap to soar. In addition, rising RWA blockchain-based projects will attract serious capital since the use case for RWA is significant and growing. What is RWA, actually, and is the current crypto market mature enough for it? RWA is a digital representation or tokenized version of anything that has value in the real world, and this tokenization makes these assets infinitely more usable and composable within the crypto and DEFI ecosystems. With RWAs, the main feature is the ability to hold and act upon your property on a secure blockchain, which could revolutionize many industries. Previously, there was little institutional interest in blockchain solutions, and the market still needed maturation. But you know what? We are beginning to witness the onset of just that turning. Tokenization allows for the free movement of self-custodial assets/funds between various yield- or capital-gain-generating assets and protocols with minimal need for trusted intermediaries. In addition to the above-mentioned RWA real use case, crypto, in general, continued its technological evolution in 2022 and 2023. , to name at least one milestone, is the fastest and most secure PoW, created by seasoned academics and solving the infamous blockchain trilemma. A project of such importance occurs once every seven years and heralds new horizons for many aspects of blockchain technology. Kaspa This is proof that the crypto space is maturing, and I am glad that these pioneer developers have raised the bar for the next evolutionary step in crypto; the Bitcoin ETF's approval just seals the deal for it. But back to the real-world use cases, the bread and butter of this article will be a project that combines RWA and DeFi, and I will showcase why their respectable historic on-chain precedence records should make you interested. The essence of blockchain and cryptocurrency has always been about opening up new opportunities. We were simply waiting for the technology and the general sentiment towards crypto to mature. Now, we're at a point where opportunities previously exclusive to corporations or accessible only through intermediaries are being democratized. This shift allows retail market participants to gain access to markets and advantages that were once out of reach, marking a significant leap forward in financial inclusivity and empowerment. Why does RWA matter? Just a few years back, the crypto world was buzzing with talks about adoption, tackling challenges, and scaling up blockchains, with a keen focus on crafting stellar Layer 1 solutions. These elements are still key, but there's been a noticeable shift in focus. Nowadays, the buzz in the crypto sphere is all about DeFi (Decentralized Finance) and RWA (Real World Asset) solutions. We're seeing real-world applications being built on these secure, swift foundational layers, topped with versatile application layers that open up a myriad of possibilities. This evolution marks an exciting turn, signaling a move towards practical, impactful uses of blockchain technology. Historical trends show that such shifts and speculations by early adopters often lead to significant developments in the industry. One could say that history may not always repeat, but damn, It sure does tend to rhyme. That’s why you should be interested in a blockchain-based project that connects DeFi and RWA. An example of a project that bridges the DeFi liquidity to RWA Out of several RWA projects, and (FF), let's use Florence Finance as an example of utilizing blockchain, cryptocurrencies, real-world assets, and DeFi liquidity. Maple Finance Florence Finance FF is a project on the Arbitrum blockchain, focusing on bridging Real World Assets (RWA) and Decentralized Finance (DeFi). The platform facilitates access to financial tools and markets, traditionally available mainly to those with substantial portfolios and connections. Chiel Ruiter, with his background as the former Managing Director at UBS Netherlands and experience at Goldman Sachs, leads the project. Alongside him is Leo Greve, who brings his extensive experience from his time at ING Bank UK and Citigroup. While having team members with established careers and connections is beneficial, FF seeks to transcend the need for corporate affiliations. The project aims to democratize access to the RWA ecosystem for both large and small crypto investors, eliminating the reliance on institutional intermediaries. The platform’s integration with the EURS & agEUR stablecoins, issued by STASIS and Angle Protocol, respectively, marks a significant step in its evolution. This integration enhances transparency and adds stability, leveraging EURS’s Angle’s status as the widely used and successful Euro-pegged stablecoins in the DeFi space, backed by a 1:1 Euro ratio. The primary objective is to efficiently and transparently convert users’ excess stablecoin balances into Euro-denominated, yield-generating loans for European SMEs, fostering a collaborative platform between users and SME lenders. The protocol’s design ensures that it never loans out more than the raised funds, operating without leverage or fractional reserves. This means that while users may temporarily face liquidity constraints in converting FLR to stablecoins, the solidity of FF and the underlying loan portfolio remain unaffected. Focus Address global Small and Medium-sized Enterprises (SMEs) funding gap with crypto-agnostic yields. Co-operate with established SME lenders for diverse credit exposure. Prioritize efficiency and transparency in funding, using real-world loans as collateral without leverage or fractional reserves. Combining blockchain and finance Florence Finance, a project based on Arbitrum (Ethereum Layer 2), uses LTO Network’s blockchain solutions to address funding shortages for SMEs and improve lending in the crypto space. This partnership, leveraging LTO Network's technological expertise and Florence Finance's decentralized approach, focuses on enhancing financial accessibility. A key element of this collaboration is using LTO Network's Proofi software, which manages KYC and AML processes for DeFi wallets, ensuring data security and user privacy. Why is Blockchain a good solution? In electronic security, traditional methods primarily focus on authorization, authentication, and access control, aiming to prevent unauthorized data access or modification. However, these methods often fall short of safeguarding against authorized access at the application or system level. This is where blockchain technology steps in, revolutionizing data protection. Blockchain's strength lies in its tamper-resistant architecture. It distributes data across numerous systems managed by independent entities, making unauthorized alterations exceedingly difficult. Each data segment within a blockchain is replicated in thousands of copies and distributed globally. This widespread distribution means that an attacker must simultaneously compromise a majority of these systems to breach the data. Achieving this feat is extremely challenging, costly, and nearly impossible with a well-structured blockchain. This robust security mechanism inherent in blockchain makes it a groundbreaking tool for enhancing data integrity and security in financial transactions and beyond. Outro: The potential for Real World Assets (RWA) and Decentralized Finance (DeFi) to become the next big thing in the crypto Here is the list of several statements based on which I believe that RWA can attract serious attention during 2024 and 2025. : RWA and DeFi represent a convergence of traditional financial assets with the innovative technology of blockchain. This blending can unlock new efficiencies, reduce barriers to entry, and potentially democratize access to investment opportunities that were previously exclusive to large institutions or high-net-worth individuals. Bridging Traditional Finance with Crypto : By tokenizing real-world assets, such as real estate, art, or commodities, these assets can be divided into smaller, more affordable units. This process increases their liquidity and makes them accessible to a wider range of investors, not just those with significant capital. Increasing Accessibility and Liquidity : Blockchain's inherent characteristics of transparency and security can instill greater trust in financial transactions. This can be especially valuable in managing and tracking the ownership and transfer of real-world assets, reducing fraud, and enhancing regulatory compliance. Enhanced Security and Transparency : DeFi platforms create innovative financial products and services that challenge traditional banking and finance models. These include lending, borrowing, yield farming, and more, often with higher efficiency and lower costs due to the decentralized nature of blockchain. Innovative Financial Products and Services : There's a growing interest from both retail and institutional investors in RWA and DeFi. This is partly due to the diversification opportunities they offer, being somewhat uncorrelated with traditional financial markets and even other segments of the crypto market. Growing Interest and Investment : As governments and regulatory bodies start to understand and adapt to the blockchain and crypto space, it's likely that clearer regulations will emerge. This could lead to increased adoption of RWA and DeFi as legitimate, regulated investment avenues. Regulatory Evolution : Continuous advancements in blockchain technology are making it more scalable, efficient, and user-friendly, which can further fuel the adoption of RWA and DeFi solutions. Technological Advancements Integrating traditional asset classes with the benefits of blockchain technology, coupled with a growing appetite for innovative financial solutions, positions RWA and DeFi as potentially transformative forces in the crypto space. It could take a few months before the RWA narrative kicks in, but you should definitively do your research and make sure you buy a ticket for the next possible crypto ride, heavily based on real-world use cases. The end. Mentioning the Florence Finance competitors Maple Finance Maple Finance is a platform that focuses on providing decentralized corporate debt markets, allowing institutional borrowers to obtain efficient, transparent, and fair access to liquidity. It caters to established crypto businesses and institutional borrowers, offering undercollateralized loans. Maple combines the principles of traditional finance with the benefits of blockchain technology, aiming to streamline the lending process and enhance access to capital. The platform is characterized by its use of smart contracts to manage loan agreements, ensuring security and trust in transactions. Aave A project that offers similar decentralized finance (DeFi) services as Maple, particularly in corporate debt markets. Aave provides a range of lending and borrowing services and has been recognized for its innovation in the DeFi sector. Goldfinch Finance Goldfinch is a decentralized finance protocol that extends credit to borrowers without requiring traditional crypto collateral. It allows investors to supply capital to borrower pools, which is then lent out. The project aims to expand access to capital, especially in emerging markets, by leveraging off-chain credit assessments to make loans. This approach differs from typical DeFi models, as it does not solely rely on over-collateralization and crypto-economic incentives. Goldfinch focuses on creating a more inclusive finance model by bridging DeFi and traditional credit markets. Clearpool Clearpool is a decentralized capital markets ecosystem focused on institutional-grade uncollateralized lending in the DeFi space. It allows institutional borrowers to obtain liquidity directly from the decentralized finance market without needing traditional collateral. Lenders can earn interest by providing liquidity to these uncollateralized loan pools. Clearpool's innovation lies in facilitating institutional access to DeFi, aiming to bridge the gap between decentralized finance and traditional financial institutions. This project represents a shift towards more sophisticated financial instruments within the blockchain environment. Centrifuge Centrifuge is a decentralized finance protocol specializing in bridging real-world assets with the blockchain. It enables users to tokenize real-world assets, such as invoices or real estate, and use these as collateral to access liquidity in DeFi markets. This approach allows for the financing of real-world assets through decentralized pools, offering both liquidity providers and asset originators new opportunities for investment and funding. Centrifuge aims to create a more inclusive financial system by connecting traditional financial markets with decentralized finance. Ondo Finance Ondo Finance is a DeFi platform that offers structured investment products, combining fixed-income and variable-yield strategies within the cryptocurrency market. It aims to bridge traditional finance and decentralized finance by providing users with a range of diversified investment options. Ondo allows investors to choose between stable, lower-risk returns and higher-risk, variable returns, catering to different risk appetites. This approach makes DeFi more accessible to a broader range of investors, particularly those seeking structured and diversified investment strategies in the crypto space.

How DeFi Liquidity Merges with Real World Assets to Forge a New Economic Era

In an anticipated move, the U.S. Federal Reserve held interest rates steady for this month with the Fed also providing some information on their future guidance of markets. The Markets No Longer Expect Rate Cuts Following the press release, the Fed futures are no longer anticipating rate cuts before September 2024. To put this in perspective, just three months ago there was a consensus that we would see up to four rate cuts this year alone. In summary, the message remains crystal clear: Elevated interest rates are here to stay. Inactive Bitcoin Supply at All-time-highs While the on-chain for has dropped significantly, investors with strong convictions are seemingly increasing their BTC exposure and holding on. BTC Data from Coingecko that an impressive 69.06% of Bitcoin-related addresses have held their BTC for more than a year. To add to it, the current amount of BTC stashed on exchanges is slightly above 2 million, a significant drop from the 2021 bull market highs. indicates Noteworthy Mentions Crypto Remittances’ Increasing Role in Global Money Transfers Remittances are a fundamental economic pillar in many developing countries around the world. However, with existing hurdles such as limited transfer options and high costs, sending remittances across borders can sometimes be challenging. Our latest research article at Bitcoin Global Macro explores how cryptocurrencies are this landscape. transforming Industry Shakers Citigroup Unveils Token Services for Institutional Clients Citigroup announced on Monday that it has initiated a service that utilizes blockchain and smart contracts to tokenize cash management and trade financing for its institutional clientele. These smart contracts function equivalently to traditional bank assurances and letters of credit, as described by the bank. In a recent trial, Citigroup collaborated with shipping giant Maersk and a canal agency to streamline operations typically bogged down by extensive paperwork and manual methods. US lawmakers advance legislation blocking the digital dollar The U.S. House Financial Services Committee is advancing a bill designed to restrict the launch of a digital currency by the central bank. Among the proposed legislation is the H.R. 3712, referred to as the Digital Dollar Pilot Prevention Act. This act mandates that the Federal Reserve obtain Congressional consent before beginning any trial runs for CBDCs. Additionally, the Fed has recently clarified that it hasn't made a determination on releasing a CBDC and would only consider such a move if sanctioned by a legal directive. Deutsche Bank to offer crypto custody for institutional clients Last week, Taurus, a cryptocurrency company based in Switzerland, announced a collaboration with Deutsche Bank to offer storage solutions for digital assets and tokenized versions of conventional financial instruments for institutional customers. A representative from Deutsche Bank confirmed that this alliance marks the institution's inaugural venture into holding a select range of digital currencies and tokenized assets for its client base. Grayscale files for ether futures ETF Grayscale is entering the race to launch an exchange-traded fund (ETF) based on ether futures. This proposed ETF, centered around ether futures, represents another avenue for Grayscale to gain ether exposure while they await a verdict on their Bitcoin ETF application. The application specifies that the ETF is dedicated solely to ether futures, emphasizing that there will be no direct ether transactions, nor will there be a need for an ether custodian. Also published here. Follow me on Twitter/X I’ve started to become a lot more active on so if you want to follow my daily blurbs about investments and markets you should follow me Twitter/X Ulrik Lykke on X

HODLing Strong: Bitcoin Holders In for the Long Game

In the world of data engineering, there are a few names that stand out due to their influence, accomplishments, and passion for pushing the boundaries of technology. is one such figure. Mahammed Shafi Shaik About Mahammed Shafi Shaik Known for his remarkable ability to lead teams in delivering high-impact projects, Shaik's legacy spans renowned corporations and dynamic startups. His career reflects innovation, perseverance, and the relentless pursuit of excellence. In his 15-year career, Shaik has made significant contributions to companies such as Meta, Citigroup, Sprint Telecom (now T-Mobile), and numerous startups in India. His diverse experience, ranging from the tech behemoth Meta to the financial powerhouse Citigroup, bears testament to his versatility and adeptness in handling complex data engineering challenges. Shaik recognizes the importance of continuous professional development and advanced studies to stay ahead in the fast-paced tech industry. By pursuing further education, attending specialized training programs, and obtaining certifications in emerging technologies and methodologies, he ensures that his skills remain relevant and in tune with industry advancements. At Meta, Shaik's skills and innovative mindset have been critical in shaping the company's future. Shaik has delivered multiple high-impact projects worth millions. These endeavors reflect his technical prowess and keen understanding of market trends and business dynamics. During his tenure at Capgemini, Shaik undertook a pivotal project for Citigroup. Here, he spearheaded the development of an anti-money laundering product. The product's role in identifying global money laundering transactions has saved Citigroup significant capital while ensuring compliance with Federal Reserve Board (FRB) guidelines. This accomplishment underscores Shaik's ability to leverage his data engineering skills to drive critical business decisions and outcomes. Shaik's dedication extends beyond his professional pursuits. As a jury member for several prestigious awards, including the Stevie International Awards, CODiE Awards, and Globee Golden Bridge Awards, Shaik has played an instrumental role in recognizing and fostering innovation in the tech industry. His contributions have been further recognized by esteemed institutions such as the Institute of Engineering & Technology (FIET), the British Computer Society (FBCS), and The Royal Society for the Encouragement of Arts, Manufactures, and Commerce (FRSA), where he holds fellow memberships. Furthermore, Shaik is deeply committed to fostering growth and sharing knowledge in the tech community. As a mentor at ADPList and America Needs You and a prolific contributor to Medium.com, he has enriched the tech community with his knowledge and experiences. Despite his numerous accomplishments, Shaik continues to aim higher. His ambition to lead transformative projects while redefining data engineering and technology boundaries indicates his ceaseless drive and ambition. His vision for the future involves developing innovative solutions that spur positive change and create measurable impact. Shaik’s story is a testament to his relentless pursuit of knowledge and commitment to his field. His remarkable achievements and commitment to data engineering have positioned him as an influential figure in the tech industry, inspiring countless professionals and enthusiasts. Whether decoding complex data engineering problems, developing high-impact solutions, or guiding the next generation of tech leaders, Mahammed Shafi Shaik continues to make his mark in data engineering. His journey from insights to impact is a beacon of inspiration for aspiring tech professionals and industry veterans. To follow Shaik's ongoing journey, visit his profile, explore his insights on , or follow him on . LinkedIn Medium Instagram Vested Interest Disclosure: This story was distributed as a release by S99 Agency under HackerNoon’s Brand As An Author Program. Learn more about the program . here

From Insights to Impact: The Data Engineering Expertise of Mahammed Shafi Shaik

Del conocimiento al impacto: la experiencia en ingeniería de datos de Mahammed Shafi Shaik

Des idées à l'impact : l'expertise en ingénierie des données de Mahammed Shafi Shaik

अंतर्दृष्टि से प्रभाव तक: महम्मद शफी शेख की डेटा इंजीनियरिंग विशेषज्ञता

洞察からインパクトへ: マハメド・シャフィ・シャイクのデータエンジニアリングの専門知識

Dos insights ao impacto: a experiência em engenharia de dados de Mahammed Shafi Shaik

Từ hiểu biết sâu sắc đến tác động: Chuyên môn kỹ thuật dữ liệu của Mahammed Shafi Shaik

从洞察到影响：Mahammed Shafi Shaik 的数据工程专业知识

Most Americans have serious challenges when it comes to critiquing or, worse, understanding their country and its role in the world. For me, in many ways, Mr. Hayes' very substantive yet tendentious analysis of the direction of the dollar and the USA provides a classic example of many of these. But first, let’s get out of the way the giant elephant in the room: Arthur Hayes was with running a crypto exchange that enabled money-laundering and pleaded guilty. I feel for him and the circumstance he found himself in. I can even imagine that he was made an example of. Sadly, this happens and that he was swept up in a rapidly changing legal environment is just bad luck. I might even feel as he does if it were me. charged Nevertheless, it's troubling to see HackerNoon publish a story that the Pepe the Frog image which is primarily associated with anti-semitism and secondarily racism. As a HackerNoon shareholder and in the spirit of what I critique as a flaw (free speech) I would expect HackerNoon to accept this for publication. uses As much as I think the foregoing is important for any of his readers to know, I don’t actually believe his entire motivation to write this article for HackerNoon was this. Lots of people in the crypto space believe in or devotedly hope that the USA in some fashion crashes and burns. The reason for this is not always apparent to folks who’ve not spent a lot of time in the space, but going back to the early ZeroHedge days (for those who know) in 2009 and the creation of BitCoin, it has been a near obsession to prognosticate not just the demise of the USA’s central role in the world’s economy, but the whole of the western liberal democratic order. Important in this context is the fact that ZeroHedge has an extensive history of malfeasance and a very close association with Russian disinformation efforts. There is substantial documentation of this beyond Wikipedia, but it’s a fine place to start: https://en.wikipedia.org/wiki/Zero_Hedge Mr. Hayes and I come from work worlds where ZeroHedge arose and its early high-profile cheering on of the Greek exit from the Eurozone. I was at Merrill-Lynch running Rates and Credit technology and he worked at DeutscheBank and Citigroup as a trader. I also had worked earlier at an equity strategy hedge fund. I was pointed to ZeroHedge by traders at both the fund and Merrill. I was appalled almost from the start. Now the background is out of the way, on to my profile of Mr. Hayes and the “American Wrong Way”. Americans more than any other citizens of western liberal democracies are raised on belief systems, starting most of all with religion and, very commonly, being raised in religious families. However, even those who are not religious are fed a steady diet of ideologies/non-empirical belief systems. These start with the “American religion”: freedom, free speech and the holy writ of the U.S. Constitution. All of these are above empirical analysis or any reasonable or obvious critique. Even the most empirical of our public actors and even many intellectuals believe in and propagate these things without question. There is much of this that is also frequently fellowship-signaling and simple unquestioned shared belief. However, almost as often these tokens of belief are embraced out of cynical ulterior motives such as politicians of all stripes must. Other Western liberal democracies have their flaws, too, that largely derive from their nationalistic histories. However, these flaws never inhibit the central operative infrastructure of empirical social and political agreement: France, Italy, or Germany’s right wing may be racist or “anti-American”, but internal policy regarding the social state is as sacrosanct as it is with the left. And this flows from the fundamental outlook that ideology plays no role in what political parties believe when it comes to “capitalism” and “socialism” and what the primary purpose of the state is: make life better for its citizens. This is a fundamental stance that completely disallows anything remotely “Libertarian” or hyper-capitalist, out of which cryptocurrency arose. And, most of all, creates a thought space in the social and political realm that demands an empirical mindset. For this reason, no European (except for a tiny extreme fringe) would think of getting rid of the Euro and wish for or prognosticate avidly for its demise. So, now back to Mr. Hayes. Much of what has a factual basis. The U.S.A. is mightily over-leveraged, it has the worst income inequality of all other Western liberal democracies. It’s at the bottom of many social and economic performance metrics (that REALLY matter) of the OECD. he writes in his article However, seeing all this, Mr. Hayes only sees the monetary/budgetary/ financial/trade problems and appears to lack an understanding or concern for what really underlies these: libertarian economics, most of all. And this takes us right back to ZeroHedge, Grexit, Brexit, and who is really behind these, as is well-documented: those hostile to the liberal democratic project. This includes a very large number of institutions both in the USA and, of course, in the non-democratic world at large, Russia and China first and foremost. I don’t know the circumstances or motives behind Mr. Hayes exiting what should have been a very lucrative and rewarding career. I don’t know if he left willingly and what took him and his substantial talents into the crypto world. What I do know is that he is aggrieved and very aggrieved at the country and system that produced him. And like so many Americans whose life and work trajectories took a downturn from what looked like a promising life, his grievances aim at the political and social system that took him where he’s landed. And I sympathize. But I also see in it more a vehement rejection of a belief system than anything approaching a reasonable perspective. So my hat is off to Mr. Hayes in much of his description of the state of the U.S. dollar's role and possible route to disaster. But I feel sad that the tenor and degree to which he prognosticates the worst may be too colored by his unfortunate circumstances. So much talent should not be wasted. Featured Image Generated Using Kadinsky 2 and The Following Prompt: "people criticizing billionaires".

CryptoHayes Has It Right and Wrong

CryptoHayes এটা সঠিক এবং ভুল আছে

CryptoHayes hat Recht und Unrecht

CryptoHayes lo tiene bien y mal

CryptoHayes a raison et tort

क्रिप्टोहेस के पास यह सही और गलत है

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