Posts Tagged ‘bitcoin’

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Highlights from John Glen’s Keynote Speech at the Innovate Finance Global Summit on Crypto

John Glen, Economic Secretary to the Treasury of the United Kingdom, delivered the keynote speech at the Innovate Finance Global Summit held in London last month. Glen began his speech by stressing the enormous contributions financial services institutions, particularly “fintech unicorns,” have made to the UK; the UK is the leading European fintech hub and […]

NFT Artist

Diving Into Digital Assets: The Business Side of NFTs

It’s 2022, and it seems all the rage in media and digital asset news is surrounding non-fungible tokens (NFTs) and the Metaverse. NFTs have been around since at least 2017 when the OG CyberPunks launched. Yet, 2021 was the defining year that changed everything. It was 2021 when digital artist Mike Winkelmann, aka Beeple, sold […]

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United Kingdom Non-Fungible Token: Coming Soon

While there are many observers and consultants to help U.S. clients monitor cryptocurrency and crypto-tech developments, Perficient is committed to providing current and potential clients news of crypto developments around the world. In early April, during Fintech Week 2022, John Glen, who serves as Economic Secretary to the Treasury for the United Kingdom, addressed the […]

The Pros and Cons of a Potential U.S. Central Bank Digital Currency (CBDC)

On January 20, 2022 the Federal Reserve released a discussion paper that examined both the pros and cons of a potential U.S. Central Bank Digital Currency (CBDC). The Federal Reserve invited comments from the public, in particular regarding whether and how a CBDC could improve America’s safe and effective domestic payments system. For the purpose […]

Bitcoin Concept With Binary Codes

How Are Leading Financial Institutions Navigating the Cryptocurrency Market? 4 Highlights From 2021

Cryptocurrencies, such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Polkadot, and many more, are taking the investment world by storm. According to CoinGecko, the cryptocurrency market is worth more than $2.35 trillion (as of 01/03/22), and financial institutions, if they haven’t already, are wondering whether they should take a piece of the pie. Although this market […]

Blockchain in Digital Transformation: What the Future Holds

It’s been talked and written about countless times, yet digital transformation continues to turn heads. Blockchain is more than a technology trend. Blockchain in digital transformation is a customer experience trend, perhaps, as it’s dynamic and constantly evolving. It’s already being billed to help businesses rack in an estimated $100 trillion in combined value by […]

How Blockchain and Bitcoin Tech Will Fuel the Industrial IoT

Technological powerhouses bitcoin and blockchain offer the potential to collaborate with the Internet of Things (IoT), resulting in simplified connections within the industrial IoT. Through advanced implementation of blockchain and bitcoin, technology promotes a simpler way to experience life itself. Blockchain is the underlying technology in bitcoin and other cryptocurrencies. Information contained and stored within […]

How to Make Puerto Rico Your New Crypto Home

Is Puerto Rico a haven for crypto-currency? Is Act 20 right for my business? Do I have to move? What are the tax benefits? What does it take to qualify for tax benefits? What is the process? Identifying the steps to becoming a bona fide resident of Puerto Rico as an individual and/or a company is […]

Facecoin is Not the Only Option

Is Facebook getting ready to launch a Facecoin ICO? Probably not. A number of outlets are reporting that Facebook is planning on launching its own cryptocurrency, but that may just be a particularly narrow interpretation of blockchain from the people reporting this story. At this point, we do know there is movement at Facebook related to blockchain and blockchain […]

Consensus Algorithms in Blockchain and Beyond – 5 of 5

Cryptocurrencies such as Bitcoin and smart contract platforms like Ethereum are recent examples of the evolution of consensus algorithms blockchain represents. Consensus, getting distributed processes to agree on a single value, is a fundamental problem in computer science. Distributed processing is difficult. In fact, there are logical proofs that show pretty conclusively that there won’t […]

Consensus Algorithms in Blockchain and Beyond – 4 of 5

Cryptocurrencies such as Bitcoin and smart contract platforms like Ethereum are recent examples of the evolution of consensus algorithms blockchain represents. Consensus, getting distributed processes to agree on a single value, is a fundamental problem in computer science. Distributed processing is difficult. In fact, there are logical proofs that show pretty conclusively that there won’t […]

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Consensus Algorithms in Blockchain and Beyond – 3 of 5

Cryptocurrencies such as Bitcoin and smart contract platforms like Ethereum are recent examples of the evolution of consensus algorithms blockchain represents. Consensus, getting distributed processes to agree on a single value, is a fundamental problem in computer science. Distributed processing is difficult. In fact, there are logical proofs that show pretty conclusively that there won’t […]

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