GLOBAL DIGITAL ASSETS NEWS

Can Blockchain Help With Surveillance?: Digital Asset Digest Volume #81

Welcome to the latest edition of ‘The Digital Asset Digest’. Today, we look at several ways that blockchain can help with surveillance and discuss how no-code can help revolutionize blockchain tech.

SNIPPETS

Ripple CEO Slams Dogecoin

Source: U.Today

“Ripple CEO Brad Garlinghouse took a swipe at Dogecoin during his recent appearance at the Fintech Abu Dhabi event, according to a Tuesday report by CNBC.”

eToro Announces Cardano (ADA) And Tron (TRX) Delisting, Points To Regulatory Concerns

Source: NewsBTC

“According to the announcement, US users are the core user base that will be affected by the delisting of the coins. In what looks to be a multi-phase delisting, eToro is limiting access to these digital assets for users in the United States on December 26th, 2021.”

Binance CEO Zhao Clashes With Elon Musk Over ‘Shady’ Dogecoin Withdrawal Freeze

Source: ZyCrypto

“The world’s richest man and CEO of Tesla, Elon Musk, started a Twitter warfare with Binance’s CZ over the current Dogecoin situation that resulted in the execution of a string of DOGE of transactions from a year ago, and user accounts being completely frozen.“

Growing Pains: El Salvador’s Slow March to Mainstream Bitcoin Adoption – A Bitcoiner’s Experience

Source: BeInCrypto

“Zender will always remember the moments he had at the Latin Bitcoin conference at Mizata Beach, El Salvador, with both hope and disappointment in near equal measure.“

$SAND Surges 34% As Ethereum-Powered ‘The Sandbox Alpha’ Gets Closer To Launch, Now Up 15209% YTD

Source: CryptoGlobe

“On Tuesday (November 23), $SAND, the native (ERC-20) token of Ethereum-powered metaverse “The Sandbox”, surged to a new all-time high of $5.68 as anticipation builds over the upcoming launch of The Sandbox Alpha. “

Can Blockchain Help With Surveillance?: Digital Asset Digest Volume #81

TOP GAINERS

Can Blockchain Help With Surveillance?: Digital Asset Digest Volume #81

TOP LOSERS

Can Blockchain Help With Surveillance?: Digital Asset Digest Volume #81

INDUSTRY WIDE SNAPSHOT

Can Blockchain Help With Surveillance?: Digital Asset Digest Volume #81

MARKET BREAKDOWN

3 Ways Blockchain Tech is being used for Surveillance

Surveillance usually has negative connotations. Perhaps because it’s associated with authoritarian governments and oppressive regimes. However, the issue isn’t surveillance but the elimination of privacy and personal autonomy. Some experts now believe that blockchain technology could offer a new way to create legitimate surveillance tools without compromising privacy.

Here are the top three examples of this.

EXPLORING NEW IDEAS

Is No-Code Coming to Blockchain Tech?

Despite the pervasiveness of digital technology, the skills needed to develop these tools are in short supply. Relatively few people know how to code and even fewer know how to code for blockchain-based platforms. Creating a decentralized application takes an entirely new level of coding skills.

This shortage of skills has stymied the growth of the industry. There’s roughly $2 trillion in capital chasing a select group of developers who acquired these skills within the last decade. The rise of no-code tools could be a potential solution for this imbalance. Here’s a look at how no-code is revolutionizing the traditional tech sector and how it could soon impact blockchain tech as well.

TOKEN OF THE WEEK

Stellar Lumens

Stellar is an open-source blockchain-powered network created to make it easy for people to send, receive, and trade digital currencies. It was launched in 2014 under the nonprofit organization Stellar  Development Foundation spearheaded by Jeb McCaleb and Joyce Kim.

Stellar was designed with the sole aim of bringing the global financial system under one network and easing cross-border transactions. Just like other platforms powered by the revolutionary blockchain technology, it seeks to do away with middlemen and third parties when it comes to financial transactions.

Here’s a closer look at this week’s token.

THIS WEEK’S DEEP READ

The Rise Of Decentralized Money On Polkadot – New Algorithmic Stablecoin Launches On SORA

Source: Forbes

“Last month I wrote about the rise of stablecoins – from USDT, with a market cap of $70 billion, and USDC, with a market cap of $32 billion, to government-sponsored digital currencies – most notably, China’s Digital Renminbi and Cambodia’s Bakong. In many ways, this seems to be the era of the “crypto-dollar,” which, like the petrodollar before it, could be yet another funnel for global hyper-dollarization. And because the majority of stablecoins are still backed by fiat, they are hindered by the flaws of the centralized legacy financial system and any U.S. regulatory oversight. USDC, for instance, allows Circle to blacklist accounts if asked to by regulators, which limits the use of the token as fully decentralized collateral.”


And that’s all for today! Like what you hear and want to explore an investing relationship through GDA?

Schedule a call today!

View more articles

The world wide web is based on fundamental protocols such as the domain name system or DNS. This protocol helps identify websites, webpages, and
2021 was a boring year for mainstream cryptocurrencies. Bitcoin and Ethereum saw some gains, but nothing compared to their long-term historical average. Instead, the
Previous
Next
Global Digital Assets

Get in touch

By visiting this site you accept our terms and conditions.