Blockchains and Bagels: the morning market update to get you ready for the day ahead. Today, Allianz's El-Erian, sees society moving towards a cashless society. Lighthouse Labs launches blockchain development course.
The chief economic advisor for Allianz sees society moving toward a cashless future. El-Erian believes a government-backed digital currency could be an alternative. Sweden has largely moved to a cashless society, with only 2 percent of all transactions using cash.
The coding academy is looking to tackle the lack of blockchain developers through a twelve-week training course. The syllabus covers blockchain, solidity and smart contracts. The first class consists of 10 students selected through a competitive process.
Kakao, the owner of Kakaotalk, has begun exploring integrating blockchain solutions into its products. The company’s Ground X subsidiary is heading the firm’s blockchain strategy. They are looking to explore ways of disrupting their market after identifying their role as a middleman in mobile communications.
Currencies Direct, an fx brokerage based in the UK, has tested Ripple’s xRapid for money transfers. The transaction was confirmed within seconds compared to days in the traditional SWIFT network.
[maxbutton id="2"]
