The AIIB digital bond has raised $300 million, creating quite a headstart for its first blockchain-based digital bond issuance.
This initiative highlights blockchain's...
Eventually, DeFi inventors and regulators must collaborate to grow this technology throughout Africa for optimal benefits. DeFi might provide inexpensive and quick liquidity pools for African merchants and SMEs, faster transactions, and enhanced security. And, for the last mile, DeFi may provide blockchain-based financial services that are inexpensive, if not free, quick, and accessible through any mobile phone.
Both cryptocurrency and forex have parallels and differences. The purchasing and selling of digital assets like cryptocurrencies, tokens, and NFTs is known as crypto trading (non-fungible tokens). Forex trading is exchanging one fiat currency for another, believing its value will grow. A trader might use this disparity to generate a profit and save money.
As awareness of this emergent technology increases, the time has come to consider how it could be most useful in transforming modern businesses. To reap the benefits of blockchain technology, executives must analyze the possible effects on their businesses and test and learn.