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Forwarded from CryptoCurrency Consultants | Signals, Advice, News
💾 JPMorgan Chase urges managers to adopt blockchaintech:

While their CEO (Jamie Dimon) has become quite the ludicrous fool in the cryptocurrency space, Morgan Chase is very bullish on Blockchain Technology. In a recent report that urges asset managers to look at the opportunities of the tech (it singles out cost savings and data management), they made a very interesting timeline on adoption of blockchain technology.

Link to the full report below. This is how they see things:

Information Sharing (2016-2019): In this stage, blockchain technology is used to store and share data, either within a single organization or between multiple organizations. Blockchain will be tested in current working environments for proof of concept and feasibility of use cases.

Data Solutions (2017-2025): At this second phase, JP Morgan sees blockchain being integrated into business solutions to foster an environment for storing and managing data. This integration will allow entities to reduce operational friction and improve existing infrastructure. When user interest and confidence is high enough, blockchain platforms will move from working alongside existing infrastructure to replacing it entirely.

Critical Infrastructure (2020-2030): Now, blockchain adoption is at full throttle. At this point, it will be “adopted by market participants as [the] main infrastructure for critical functions.” This could include replacing the outdated asset, payment, and/or transaction infrastructure and setting a new business standard for efficient data management. Certain iterations of the technology will still be centralized at this point, though, for the convenience of access rights, deployment, standards, etc.

Full Decentralized (no date forecasted): The era of a truly decentralized economy. Blockchain would replace certain centralized models, infrastructure, and systems with a decentralized solution. This means completely peer-to-peer digital asset exchange and a legal framework for overseeing asset ownership and transfer using blockchain technology. In essence, blockchain and cryptocurrencies become so ingrained in daily life that they become as normal as the internet or smartphones today.

https://www.jpmorgan.com/global/cib/markets-investor-services/blockchain-economics
First case of criminal prosecution of scam ICO in Russia 👆👆👆👌👌👌
Forwarded from Moonhub
💬How the markets work
Bitcoin is volatile, no question. But you may have wondered why the market is so unpredictable. A rally that seems like a sure thing fizzles out. Price crashes when everything points to a period of stability. A $500 spike catches everyone off guard. What’s it all about?
https://goo.gl/WFSJe1 #bitcoin #BTC #crypto #cryptocurrency #blockchain #fintech #analysis #INFERNOANALYSIS
US Congress Whitepaper ... $Crypto on page 200

https://www.congress.gov/115/crpt/hrpt596/CRPT-115hrpt596.pdf

CONCLUSION

Technology presents evolving challenges and generates new
solutions. Blockchain technology essentially stores and transmits
data securely, in large volume, and at high speeds. So far, the
technology has proved largely resistant to hacking, and given this feature, developers first applied it to digital currencies.

Yet blockchain has many more potential applications, such as portable medical records and securing the critical financial and energy infrastructure that the
Report identified.

Recommendations

〽️Policymakers and the public should become more familiar with digital currencies and other uses of blockchain technology, which have a wide range of applications in the future.

〽️Regulators should continue to coordinate among each other to guarantee coherent policy frameworks, definitions, and jurisdiction.

〽️Policymakers, regulators, and entrepreneurs should continue to work together to ensure developers can deploy
these new blockchain technologies quickly and in a manner that protects Americans from fraud, theft, and abuse, while ensuring compliance with relevant regulations.

〽️Government agencies at all levels should consider and
examine new uses for this technology that could make the
government more efficient in performing its functions.

🦑
Forwarded from Cédric Walter
Hi all, I REPEAT THERE IS NO EOS TOKEN AIRDROP RUNNING! but i want to show you one common trick that scammer are using. Using a similar domain name or using hidden character at the end of URL (was running for years in most browser but now not any more) the SCAM/FAKE link is https://ẹos.com/airdrop/ notice the e in the URL, it is a ẹ | latin small letter e with dot below, it's used at least in Yoruba, a saharian language. The first alert as an investor is to check if the domain match the official one, and it's clearly not: the real domain is https://eos.io/ NOT https://eos.com (another company). The second check is to NEVER ever copy a link from any chat, email. I've found that Google chrome in incognito also helped there (it also switch off many 3rd party extensions as a bonus).
Forwarded from Cédric Walter
If in chrome you open the SCAM site https://ẹos.com/airdrop/ copy URL from taskbar, close Chrome, open Chrome in incognito mode and paste the URL again, you'll see in chrome that the URL is suddenly https://xn--os-g7s.com/airdrop/ !!!!! second warning an evil redirect or stuff is also at play here!
Forwarded from Cédric Walter
I REPEAT THERE IS NO EOS TOKEN AIRDROP RUNNING! dont use any of the above links THEY ARE SCAMMERS
Telegram raised $ 1.7 billion within the ICO of TON

The blockchain project of Telegram messenger attracted $ 1.7 billion in two rounds of ICO. This was announced by the project's founder, Pavel Durov, reporting to the US Securities and Exchange Commission. In the second round, $ 850 million was raised. The minimum investment of investors was $ 1 million.

In the first round, it was also possible to raise $ 850 million from 81 investors. Also, the third round is expected, within which the price of the token will increase from $ 1.33 of the second stage to about $ 2.2.

Apparently, Durov is raising funds only from trusted investors to minimize his risks in terms of the legitimacy of the project. Therefore, open sale of TON tokens is not planned yet. It is not yet clear about the tools of payment which will be used.