Blockchain and Crypto in the Labor Market: Overview of Salaries, Taxes and the Most In-Demand Jobs

Job seekers’ interest for positions related to blockchain and cryptocurrency has declined, while employers’ interest only rose in 2018. How do cryptocurrencies prices and blockchain technology development correlate with the changes in the labor market? Over the past months, the cryptocurrency market has been demonstrating bearish sentiment, with crypto prices falling to a yearly lows. […]

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UK-Based Global Funds Network Calastone to Switch Entire System to Blockchain in May

London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain. London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain this May, Reuters UK reports today, Dec. 3. Calastone processes mutual fund trades for over 1,700 financial companies, including JPMorgan Asset […]

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UBS Executive Paul Donovan Blasts Bitcoin Again, States Cryptos Are ‘Fatally Flawed’

UBS’ Paul Donovan repeats Bitcoin bashing from last year, claiming it will “never be a currency.” Swiss bank UBS’ Wealth Management Global Chief Economist and infamous Bitcoin skeptic Paul Donovan doubled down on his distrust of cryptocurrency Nov. 29, calling it “fundamentally flawed.” Speaking to CNBC’s Fast Money segment, Donovan, who earlier this week released […]

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Oil-Trading Blockchain Platform VAKT Launches With Shell, BP as First Users

JPMorgan’s Quorum technology forms the backbone of the latest blockchain solution for major oil industry players Shell, BP and others. Post trade management platform VAKT has launched its blockchain-based processing tool to an initial group of crude oil industry clients, a press release reports Nov. 29. VAKT, which uses JPMorgan’s Quorum blockchain technology to run, […]

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“Wall Street’s Bookkeeper” Enters Test Phase of DLT Replatforming Along With 15 Major Banks

The project claims to be able to process the entire daily volume of the U.S. equities market, however, critics remain doubtful. On Nov. 6, the post-trade market infrastructure behemoth, the Depository Trust & Clearing Corporation (DTCC), announced that it is entering the test phase of its attempt to replatform its Trade Information Warehouse (TIW) via […]

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Spanish City of Bilbao Launches $171K Tender to Develop Public Blockchain Network

Bilbao, the largest city in northern Spain, launches a €150,000 tender to create an inter-institutional public blockchain based on Ethereum. Bilbao, the largest city in northern Spain, has launched a €150,000 (around $171,000) tender to develop a blockchain for public services, Bilbao’s municipal authorities announced Monday, Nov. 12. Officials of the largest city in Basque […]

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$5 Trln FX Settlement Giant CLS to Launch Blockchain-Based Netting Service ‘Within Days’

Forex exchange settlement giant CLS will launch its IBM blockchain-powered netting service within “a matter of days.” Forex exchange (FX) settlement giant CLS will launch its IBM blockchain-powered netting service within “a matter of days,” according to Chief Strategy Officer (CSO) Alan Manquard. The CSO made the announcement at the IBM Think Tank conference in […]

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Consulting Company Accenture Deploys DLT Platform for Software License Management

Global consulting giant Accenture has revealed a DLT-driven platform that helps track and manage software licenses in big companies. Global management consultancy firm Accenture has deployed a distributed ledger (DLT) platform created to manage and track software licenses, a press release reveals Monday, Nov. 12. To develop the solution for software management, Accenture has partnered […]

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