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Ripple has joined the ISO 20022 standardization body. Ripple is about to develop standards for data exchange and payments between global financial institutions. ISO 20022 mainly includes major international commercial banks, Central banks, and major payment companies such as SWIFT and Visa. The Ripple company became the first representative of the blockchain industry in ISO 20022.
Swiss Association of markets and technologies (CMTA) established standards for companies that provide services for storing and disposing of the client's property based on his written order for digital assets.
CMTA's General Secretary Fedor Poskriakov, said that the document was the first step of the Swiss financial industry towards defining common standards for storing and managing digital assets.
"This will greatly contribute to the emergence of fully digital capital market infrastructures, including integrated custody and secondary trading venues. The benefits of the digitalization of the financial industry are such that the evolution towards decentralized infrastructures seems inevitable."our quote here...
Fedor Poskriakov
Paolo Arduino, technical Director of the Bitfinex exchange, believes that bridges between different blockchains will make transactions with usdt stablecoins cheaper. Arduino facilitated the pTokens development team that launched the bridge between the EOS and Omni blockchains. In the future, such bridges for interaction between different blockchains will reduce the load on the network and help reduce transaction fees.
LG's IT division is testing face recognition technology based on artificial intelligence and blockchain for making payments in crypto assets. LG CNS has launched testing of a new facial recognition service for its employees. The platform includes AI, blockchain, and cloud technologies. After identifying an employee, the system allows you to automatically pay for services and products in a corporate restaurant with a digital currency based on the blockchain.
Cardano, Tezos, Cosmos and Fantom are the most technological cryptocurrencies named by Weiss Ratings
Weiss Crypto Ratings Agency in the new rating of cryptocurrency projects has put the highest rating on the technology of four blockchains: Cardano, Tezos, Cosmos and Fantom. Interestingly, of the four named coins, three have risen in price by more than 10% over the past day. And only the Fantom coin added only 5%. The growth of alternative cryptocurrencies was also helped by the growth of bitcoin, which added more than 6% yesterday.
Researchers at the Kraken cryptocurrency exchange believe that part of the inheritance received by the millennials and generation X will be invested in Bitcoin and this will bring its rate to $ 350,000 by 2044.
In the report "Inheriting USDs & Acquiring BTCs: How 'The Great Wealth Transfer' Will Fuel 'The Great Bitcoin Adoption,'" analysts note that at the moment, young representatives of wealthy families in America alone can inherit about $ 70 trillion. If they allocate at least 5% of the inheritance received, then more than $ 971 billion will be invested in Bitcoin.
Binance CEO Changpeng Zhao commented on the messages of his subscribers who make fun of him because of inaccurate forecasts of the Bitcoin rate.
Founder of Gold Bullion International Dan Tapiero believes that the negative rates on US bonds could be a "Mega bullish" signal for Bitcoin.
"Negative interest rates have arrived in the US! 6mo t-bill at -2bps. Means you need to PAY US govt for 6mo cash deposit. Rates to go much more negative to weaken dollar. This is confiscation and it is bad but it needed for now to stabilize system. Mega bullish for #Bitcoin," Tapiero wrote on Twitter.
Analysts predict the Bitcoin exchange rate in the range of $ 4,800 - $ 6,000, but the CEO of Three Arrows Capital Su Zhu allows rapid growth to $ 50,000.
In a message on Twitter, Su Zhu stressed that in the current global economic situation, the influx of money into Bitcoin could increase significantly, which means that the rate of the first cryptocurrency will increase significantly.