Crypto Global Bank

Overview of Crypto Global Bank

Are cryptocurrencies a safe-haven asset or asset bubble?

Cryptocurrencies have become extremely popular due to potentially huge gains, but their volatility also involves the risk of dramatic losses.In 2017, Bitcoin prices rose from about $1,000 to a high of more than $19,000 before dropping to where it is now as of June 2020—about $9,700.?? Initial coin offerings (ICOs) raised more than $3.7 billion in 2017 with a series of new cryptocurrencies hitting the market.

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Can cryptocurrencies and blockchain help fight corruption?


Crypto-currencies: Hype or (r)evolution?

The most well-known adopters of blockchain technology to date are crypto-currencies such as bitcoin.The surge in price and headlines about these new digital currencies is driving debate about how crypto-currencies could impact corporates and payment transactions.

In What Do We Trust?

Fiat is a term used to describe the conventional currencies that are issued by governments.Fiat currencies have value because governments say that they do.To an increasing number of people, that promise means nothing.After all, fiat currencies are not backed by any tangible assets.You can’t return the currency to the government in exchange for a bar of gold or silver, a can of beans, a pack of cigarettes, or any other items that might have value to you.Fiat currencies are backed by the full faith and credit of the government that issued them and nothing more.If you want gold, silver, beans, or smokes you need to exchange your fiat currency with a person or entity that possesses the item that you want.

Is the End of Cold Cash Upon Us?

Perhaps.But there are those who question whether that’s such a good thing.The end of hard currency could also usher in a new level of government surveillance.While such surveillance is no secret in autocratic countries (and is on the rise thanks to digital technologies), it’s increasingly controversial in democracies too, where large companies hoover up personal data with alacrity.

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The Future of Money Is Digital, But Is It Bitcoin?

Central banks will hold the power as interoperability between national tokens — and private ones — takes priority.

What is blockchain technology?

Discover what blockchain really is and how it can help your organization.Learn about distributed ledger technology, immutable records and how it all works.

What’s blockchain’s potential ROI in financial services?

Discover the positive impact Forrester says IBM Blockchain can have on your business.

What’s holding blockchain back?

Building a blockchain becomes more complex when third parties participate.Consider a multinational that builds a blockchain to manage an intercompany process such as transfer pricing or treasury management.Historically, the company might be struggling with dozens of ERP systems and inconsistent data and processes.Instead of one central ledger for each subsidiary, a single distributed ledger can eliminate the need for reconciliation.Companies are exploring how they might use internal digital tokens to represent cash or other assets, with the aim of streamlining their movement between business units.Instead of time-consuming (and costly) bank transfers, currency conversions and multiple emails about each transaction, a tokenised transfer can be conducted in near real time via smart contracts and allow users to track each transaction’s progress.

Who is SEBA Bank for?

Professional Investors and Family Offices wanting to invest in new asset classes in a trusted set-up and get access to specialised investment strategies.

Why Now?

Central banks have been researching what it would take to digitize fiat currencies for years, and a few are even beginning to launch pilots.But after last year’s announcement of Facebook-backed cryptocurrency, Libra, the pressure to act increased significantly.

History of Crypto Global Bank