Jibrel claims to be the first decentralized protocol for storing and transacting
traditional financial assets on the Ethereum blockchain.
Jibrel Network, a decentralized protocol for storing and transacting
traditional financial assets on the ethereum blockchain, announced on Wednesday it has launched jCash, which is described as Jibrel's first release of tokenized financial assets, providing fiat currencies in the form of ERC - 20 tokens.
Jibrel Network, a decentralized protocol for storing and transacting
traditional financial assets on the ethereum blockchain, has hit its hard cap of $ 30 million a month ahead of schedule, according to a report from the company.
Not exact matches
On top of the risk of federal prosecution, IRS targeting and
asset seizure, cannabis entrepreneurs have to cope with the hazards of conducting a business that deals mostly in cash, since a majority of
traditional financial institutions — banks, credit card issuers, and payment transaction companies — won't provide services to the industry.
In a written petition sent to the House Committee
on Ethics dated Feb. 5, Colorado House Representative Jared Polis argued that, because cryptocurrency
assets are regarded as commodities by several agencies, Congress members should follow the same
financial disclosure requirement as for
traditional assets.
In her testimony to the House
Financial Services Committee
on Tuesday, Fed Chairwoman Janet Yellen commented that with interest rates near zero the Fed must rely
on such less
traditional tools of monetary policy as forward guidance and
asset purchases.
Unlike
traditional financial advisors and other robo - advisors, the internal algorithms build and manage global, customized portfolios of highly diversified, low - cost ETFs across
asset - classes, while putting an emphasis
on risk management by incorporating deep analysis of economic cycles in order to navigate its ups and downs and maximize long - term returns.
Recent
financial crises have exposed the shortcomings of the
traditional approach to
asset allocation and have led an emerging shift, especially among institutional investors, towards dynamic
asset allocation, hinged
on the diversification across risk factors.
Although applicants don't have to endure a
traditional loan application process based
on their credit scores and histories, they do have to undergo a
financial «assessment» to verify their
assets and liabilities and determine if the borrowers» current
financial situation is sustainable for the foreseeable future.
Traditional financial advisors focus
on the accumulation of
assets and often have little knowledge about drawdown strategies.
By requiring
traditional asset managers to step up their game
on ESG factors, they will help drive more of the
financial services industry to consider sustainability issues in all investments.
This session looks at the use of technology in
financial crime cases, as compared to
traditional methods of gaining evidence
on individuals and companies, and the challenges of investigating and locating evidence in the age of blockchain, cryptocurrencies, and the cloud, and considers the best use of personnel, remedies, systems and processes for effective
asset recovery.
On the other end of the spectrum, Takahashi noted that HAW International (itself an 18 - year - old IT services firm) is looking to conduct proofs - of - concept projects with financial institutions, encouraging them to explore how traditional assets could trade on public blockchain
On the other end of the spectrum, Takahashi noted that HAW International (itself an 18 - year - old IT services firm) is looking to conduct proofs - of - concept projects with
financial institutions, encouraging them to explore how
traditional assets could trade
on public blockchain
on public blockchains.
One of the most interesting
asset classes that Ankorus is targeting is that of
traditional financial instruments based
on cryptocurrencies, such as futures and derivatives.
«Cryptocurrencies were always envisioned to revolutionize global
financial markets and the way consumers and businesses transact,» said Victor Wong, founder and CEO of Sparkle Coin, Inc. «Sparkle Coin bridges the gap between cryptocurrencies and
traditional business by developing an economic ecosphere comprised of an
asset - backed cryptocurrency, transacted through a powerful currency exchange, with an outward facing cryptocurrency payment gateway allowing virtually all merchants to accept cryptocurrency though an online shopping mall or directly
on their own websites.»
A Bitcoin future will work
on exactly the same principles as futures
on traditional financial assets.
In general, futures are
financial instruments that let investors «bet»
on the performance of
assets in
traditional stock market environments.
This means that there is potential for large gains to be made as price falls and, in turn, opens up bitcoin to potential manipulation
on the short side, as we see in many of today's more
traditional financial asset markets.
«Chris has been in finance and technology for many years and profoundly understands how the things work
on both sides —
traditional financial institutions and cutting edge technology products,» — says Vladimir Smerkis, Managing partner and Fund Manager of The Token Fund, — «We believe Chris» expertise will not only benefit to all of our clients but also become a vital
asset in building up our next project which aims to engage more
traditional investors to the crypto market».