NFT sales volume upward trend to continue, industry execs say

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Sonia Shaw, executive, CoinW, has said the recent uptick in NFT sales shows a “broader and more profound interest” extending beyond art, reports Cointelegraph. In the weeks leading up to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives […]

Preparing business for a Web3 world

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A new generation of the internet based on blockchains, decentralised networks, and digital assets promises to put the user in control of their data and their interactions, breaking the monopolies of the current big players. Web3 has the potential to make online spaces more trustworthy, empowering users to be part of the new opportunities. The Web3 […]

Preparing for a Web3 world

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The next iteration of internet technologies is emerging where there is communal control by users on decentralised infrastructure, providing, said one expert, “privacy for the individual, transparency for the system.” Collectively called Web3, these decentralised platforms and applications are being built on blockchains, employing elements of decentralised finance, leveraging tokens and digital currencies. To prepare […]

What is tokenization?

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Tokenization is the process of issuing a digital representation of an asset on a blockchain, writes analyst McKinsey in a deep dive on this facility that is growing in importance and incidence. We’re progressing toward the next era of the internet in fits and starts. Web3 is said to offer the potential of a new, […]

Getting phygital with fashion

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The world of high fashion can often be seen as remote, arch, and somewhat inaccessible to the ordinary consumer. However, there is little doubt that the top level of the fashion industry is driven by creativity, diverse thinkers, and unique individuals. These individuals leading the industry have also been known for adopting new technologies and […]

SEC forces US companies to look to Ireland, UK, European Union

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Europe is a world leader in crypto regulation. The European Union has already adopted the Markets In Crypto-Assets (MiCA) regulation, which will govern crypto in the EU’s 27 countries starting late 2024. The UK is also courting the crypto industry. For example, The Financial Services and Markets Bill is working its way through Parliament, and […]

Account abstraction and the next billion Web3 users

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Next week’s event for Blockchain Ireland Technical Group is a FREE online Webinar about Account Abstraction and why it will be critical to onboarding the next 1 Billion #Web3 users. Regardless of whether you are a techie or not, if you are a #Blockchain or #Web3 enthusiast, this event is for you! When: Tue, 3 Oct 2023 @ 6pm Where: Online Register here: https://lnkd.in/e3HAZgT7 The […]

Kraken achieves EMI authorisation with CBI

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Crypto exchange Kraken has received authorisation from the Central Bank of Ireland (CBI) as an E-Money Institution (EMI). Having achieved virtual asset service provider authorisation from the CBI in April, Kraken has now also been authorised as a VASP in Spain. Kraken said in its blog, “The EMI license, granted to our subsidiary in Ireland, […]

Web3 adoption could come via the enterprise, but the real boom will be through start-ups

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As the race for enterprise adoption in web3 accelerates, some people believe it’s not one-sided growth, but a journey where both mainstream enterprises and crypto start-ups can bring on new opportunities, reports TechCrunch. “The signals that we see right now are that the innovation is coming more from enterprises,” Gagan Mac, head of product and senior […]

Stablecoins in crypto: role, risks and reward

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Date and time: Wed, 27 Sep 2023 19:00 – 21:00 IST Location: Dogpatch Labs, Custom House Quay Dublin 1 This after-work event seeks to present informed and engaging perspectives from key actors and influencers in the crypto and defi realm. Come for expert knowledge sharing and networking in the blockchain #Startups and Web3 ecosystem. Guest […]

From TradFi to DeFi and ReFi: the revolution in financial services

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The adoption and application of technologies such as blockchain and distributed ledger technologies (DLT), combined with the next iteration of internet technologies in web3, is driving a new wave of development in financial services. Articles, such as this one in Intelligent CIO Magazine, talk about how Web3 can enable “immutable credit histories” to be built […]

Techbrek – Blockchain and Digital Assets: Harnessing the potential to transform

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Blockchain and distributed ledger technologies (DLT) have steadily developed as a key infrastructure element for many industries, in financial services and beyond. According to the Deloitte 2021 Global Blockchain Survey, the vast majority (80%) of participants say their industries will see new revenue streams from blockchain, digital assets, and/or cryptocurrency solutions. This is to the […]