Digital Asset Adoption – Disrupt Or Be Disrupted

Cryptocurrencies – digital assets – and Distributed Ledger Technologies such as Blockchain have captured significant attention from the media, financial institutions, governments, regulatory institutions, and investors over the last years. Blockchain will change e-commerce and supply chain management; gaming; financial services such as lending, remittance, and digital payments; data security and identity management; fundraising and asset digitalization. Gartner reported that blockchain technology will create more than $3.1 trillion dollars’ worth of business value by 2030. Deloitte found that 53% of senior executives listed Blockchain as one of their top five priorities. From Silk Road (The Dark Side of Cryptocurrency) to ICO’s to JPMorgan’s “JPM Coin” and Facebook’s Libra, financial institutions increasingly show interest in Blockchain technology and its applications. Increasing ...

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Digital Assets – Token Standards

Blockchain Technology’s underlying structure of decentralization guarantees tamperproof and complete transparency. Blockchain platforms can track commodities, record contractual agreements, and serve as a trusted register for trade documentation. Smart contracts can automatically execute contracts, and participants can manage and settle transactions reliably. A Digital Asset that passes the Howey Test is deemed a Security Token. Security tokens are designed to represent complete or fractional ownership in an asset such as shares and stocks of private companies, commodities e.g. 1gram Gold, or fractions of Commercial Real Estate / Properties. Essentially, tokens are financial securities that derive their value from an underlying tradable asset, on top of an immutable database that does not need to be controlled by a central party.  Security Token Features  ...

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How to Start Your Career as a Blockchain Developer

Blockchain was born out of the necessity to supervise peer-to-peer Bitcoin transactions. Bitcoin was the first known cryptocurrency that revolutionizes how people exchange money. And even though blockchain was initially created for Bitcoin, nowadays it has many applications in all industries. In essence, blockchain is immutable data that is shared between a group of computers. The characteristic of this technology allows for a new decentralized way to do transactions which makes the process transparent for all parties. Since the rise of this technology, blockchain professionals have highly sought after. According to Linkedin, Blockchain was the most looked for skill in 2019. So, if you are interested in starting your career as a blockchain developer these are the steps you should ...

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Stay Safe and Healthy with beQ!

Many of us have been relegated to our homes during this time of uncertainty brought on by the spread of COVID-19. Scientists and health care professionals across the world are working tirelessly to bring their citizens the help they so desperately need to deal with this crisis. If you are among the lucky that are at home, stock up on essential supplies, and healthy you are probably in good standing. But, even though your basic needs may be met, it does not mean that you can neglect the other important aspects of your life. At times like these, it is not uncommon to be experiencing the stresses that come along with such a global event and the low-grade anxiety that ...

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fun·gi·ble /ˈfənjəbəl/

Fungibility is the ability of a good or asset to be interchanged for another good or asset of like kind and same value. Basically it doesn’t matter which one you have, only how many. Hence, goods and assets that are not interchangeable, such as owned cars and houses, are non-fungible. Fungibility is an important characteristic for currencies to maintain their purpose, reliability and to be exchangeable widely to process daily transactions. Each unit of the currency remains the same despite the amount of spending. In the case of crypto, fungibility serves the same function as with other fungible assets, including fluctuating prices. Fungible cryptocurrencies are for example Bitcoin or Ethereum. Non-Fungible Tokens (NFT) are digital assets (digital representation of real-world ...

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A New World

3 Ways Fractional Sharable Tradable Digital Assets Will Reshape The World A thought. It’s in 2030. How do you think assets will be owned? Perhaps not all? Fractional? Or will all be sharing? The rise of the internet and smart devices have changed everything, the way we communicate, the way we do business, the way we buy stuff, the way we access the world. Do you think investments in companies or commercial real estate will still happen through a broker? In an office? Signing papers? Or is it possible to buy assets (full or fractions) via a phone app? Pay cross-border within seconds? Settle transactions at near 0 costs? Whether you believe or not, the fact is, assets can now ...

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