Discover and read the best of Twitter Threads about #thefutureoffinancetoday
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Our CPO, @techmjh recently spoke to Lauren Mills at @IPEnews in an article, ‘Private markets: Is tokenisation a good idea?’
He says, “blockchain will have massive transformational impact across the whole of financial services.”
A thread🧵
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He says, “blockchain will have massive transformational impact across the whole of financial services.”
A thread🧵
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Martin adds, “tokenisation reduces the need for intermediaries and time-consuming manual processes. With a correctly set-up token, you can also see the beneficial owners of the underlying assets, reducing the cost of compliance and anti-money laundering procedures.”
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“Over the next few years, trust will be a huge factor that determines the adoption rate of tokenisation within asset management. Investors will need certainty that fund managers can link the token to the real economic rights of the underlying asset,” says @techmjh.
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👏🏻 Last week, @MIT announced a 12-month collaboration with the @BankofEngland to research the potential design of a CBDC.
🕸️ This announcement further confirms a web of partnerships between @MIT, @BankofEngland, @BankofCanada, and @Quant_Network.
16-tweet 🧵👇🔥 $QNT
🕸️ This announcement further confirms a web of partnerships between @MIT, @BankofEngland, @BankofCanada, and @Quant_Network.
16-tweet 🧵👇🔥 $QNT
🔥 CBDC design research is red-hot at the moment, and the 4 institutions just named have been intertwined in technical collaborations for years.
🧵 This thread outlines the many overlaps between these entities, beginning with connections between @Quant_Network & @MIT ⬇️
🧵 This thread outlines the many overlaps between these entities, beginning with connections between @Quant_Network & @MIT ⬇️
In September 2020, @Quant_Network and @MIT started work with the @IETF to design ODAP (Open Digital Asset Protocol).
🌐 ODAP aims to be the rails for the Internet of Value – an open protocol that allows digital assets to flow freely from one network to another.
🌐 ODAP aims to be the rails for the Internet of Value – an open protocol that allows digital assets to flow freely from one network to another.
