Tag "Distributed Ledger Technology"
Worldwide Spending on Blockchain Forecast to Reach $11.7 Billion in 2022
Worldwide spending on blockchain solutions is forecast to reach $11.7 billion in 2022, according to a new update to the Worldwide Semiannual Blockchain Spending Guide from International Data Corporation (IDC). IDC expects blockchain spending to grow at a robust pace
Read MoreHong Kong Monetary Authority Unveils Blockchain Trade Finance Platform
Trade finance, where financial institutions provide credit facilities in order to guarantee exchange of goods, is a centuries old industry that is hampered by challenges such poor customer experience, increasing cost pressure and substantial regulatory burden. With its manual, cumbersome
Read More10 Blockchain Books and Studies You Should Read
Blockchain has become a buzzword in the business world with firms from diverse and varied industries all looking to harness the technology to increase efficiency and cut costs. Interest in blockchain originally came from the banking and financial services industry
Read MoreDeloitte Launches Regional Blockchain Lab in Hong Kong: Bringing DLT into Production
Deloitte announced that the Asia Pacific Blockchain Lab (the “Lab”) has officially opened in Hong Kong. In addition to formulating strategies, the Lab will implement and deploy Distributed Ledger Technology (“DLT”) for corporate clients across the region. DLT is used in
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