#CryptoCorner: Libra (NasdaqGS: $FB) Association Establishing Technical Steering Committee, Accenture (NYSE: $ACN) Partners with CFTC for ‘Digital Dollar’
Point Roberts, WA, Delta BC January 17, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .
Listen to today’s Crypto Corner Podcast:
Stocks discussed: (NasdaqGS:FB) (NYSE:ACN)
According to an official blog post yesterday, Facebook’s (NasdaqGS:FB) Libra Association has voted to establish a Technical Steering Committee (TSC) for the Libra project and has already elected five members. The following responsibilities are outlines for the TSC:
● Directing the technical roadmap for the Libra network
● Forming Technical Working Groups to fast-track research into selected specific issues
● Guiding codebase development
● Building a healthy and engaged Libra developer community
One of the five members to be elected to the TSC is George Cabrera III, Libra Core Product Lead at Calibra, who commented:
"The Libra Association's mission is to be a financial infrastructure that empowers billions of people, and having a group to guide the design, building, and ongoing maintenance of that infrastructure is vital to its success. The creation of this committee represents a notable milestone for Libra's openness and sustainability as we forge ahead towards our mainnet launch."
Accenture (NYSE:ACN) has partnered with the Commodity Futures Trading Commission (CFTC) to create the Digital Dollar Project, a U.S. central bank digital currency (CBDC) initiative. David Treat, senior managing director and global Blockchain lead at Accenture, commented:
"Accenture is pleased to partner with the Digital Dollar Foundation to advance the project by helping to bring together an expert multistakeholder community to take maximum advantage of real world experience and the latest technological capabilities. Central Bank Digital Currency is a key enabler for the modernization of financial systems and will drive material economic and social improvements and form the basis for a wave of new innovation."
Crypto dealer San Francisco Open Exchange (SFOX) is introducing the Separately Managed Accounts Solution, aimed at enabling personalized crypto portfolio management for fund managers and investors. Nabeel Qadri, Managing Partner at crypto fund-of-funds Protocol Ventures, commented:
“SFOX’s SMA product is a game-changer for prime brokerage in crypto. We can deploy a suite of strategies at scale and size our risk efficiently while minimizing slippage and reducing the impact our orders have on the underlying price of the asset. Transfers in and out are seamless and the customer service team is extremely responsive. As a fund of funds, we need to be institutional-grade — SFOX gets that.”
Proof of Trust Ltd., which manages arbitration and dispute resolution surrounding smart and blockchain contracts, intends to list on the Main Market of the London Stock Exchange, according to an announcement today. The company’s Chief Executive Dean Armstrong said:
"We at The Proof of Trust are excited at the prospect of a full listing on the main market of the company's shares and we look forward to providing investors with the opportunity to share in this groundbreaking project."
Sam Mowers, Investorideas
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto Corner is an Investorideas.com content brand
Contact Investorideas.com
800-665-0411
No comments:
Post a Comment