Digital Bytes by Team Blockchain Radio; Powered By Cyber.FM

Web3 gaming: the blockchain effect on the gaming industry - Web3 is reshaping gaming by integrating blockchain so as to offer decentralised, transparent experiences where players have true ownership of in-game assets. With millions of gamers engaging in these blockchain-based platforms, the industry is set for massive growth, driven by ‘play-to-earn’ models and NFTs. However, challenges such as scalability and complex user interfac...

The shift to digitally native financial instruments promises a major transformation whereby raising questions about its rollout and which assets will be tokenised first. Tokenisation could radically change supply and demand dynamics, benefiting specific markets. It offers practical perks such as faster settlements and lower fees, enhancing market transparency and liquidity. However, widespread adoption will be slow due to regulator...

US politicians woo crypto advocates - in a world where digital currencies are reshaping finance, the intersection of cryptocurrency and politics is a new battleground for American voters. As the 2024 US Presidential election approaches, candidates are asking: Could embracing crypto be the key to winning the White House? This electoral cycle, crypto policy is crucial, making us wonder whether, in a political landscape valuing authen...

with its qubits capable of multiple states, quantum computing can solve problems far faster than classical computers. Unsurprisingly, this threatens cryptocurrencies which depend on cryptographic algorithms for security. Potentially, cryptos will need major upgrades, requiring community consensus and possible hard forks in order to adopt these new algorithms. As quantum computing advances, the crypto community must act now to ensur...

From bartering to blockchain - evolution, tokenisation and the gold v Bitcoin debate: (Part 2) The evolution of money and the emergence of tokenised gold - in an exploration of tokenised gold, this article investigates key issuers such as Bold, Swarm, Paxos, HSBC, Tether Gold, Comtech Gold, Kinesis Money and VeraOne Gold, detailing their operational significance. It also delves into the ongoing debate between gold and Bitcoin as st...

From bartering to blockchain - evolution, tokenisation and the gold v Bitcoin debate: (Part 1) The evolution of money and the emergence of tokenised gold - the article explores humanity's historical progression from bartering livestock to the adoption of metals and paper currencies. It highlights the ongoing evolution with asset tokenisation, focusing on gold digitisation through blockchain technology. This modern approach pres...

Web3 is set to transform financial services, embedding finance into blockchain-based systems. Bitcoin's legal tender status and DAO governance structures exemplify this change. Emerging markets benefit from cheaper remittances and decentralised loans, while developed markets embrace crypto as a new asset class and explore tokenisation. The future depends on regulatory clarity, tech advancements and partnerships between traditio...

The power of TRON and Web3: revolutionising the internet - in the transition from Web2 to Web3, the internet is evolving from centralised control to decentralised empowerment. Web2, dominated by tech giants such as Facebook and Google, offers enhanced user interaction but stifles innovation through gatekeeping. In contrast, Web3 embraces decentralisation via blockchain, exemplified by TRON’s rapid adoption and TON's scalability...

The integration of AI and blockchain technology combines AI's predictive power with blockchain's decentralized and secure ledger, addressing AI's opacity with auditable decision-making records on blockchain. Thus, improving data security and privacy, enables collective decision-making without central authorities, and fosters decentralized data marketplaces for monetisation. Despite challenges, this integration promises ...

The rise of tokenised treasuries: digitising stability in the digital age - in the evolving landscape of finance, US Treasuries (long time synonymous with stability) are undergoing a digital transformation through blockchain technology. Tokenised treasury debt, via money market funds are valued over $1 billion on platforms such as Ethereum and Avalanche, marks a tenfold increase since last year. This innovation digitises traditiona...

Stablecoins, especially those that bear interest, could be classified as securities under US law using the Howey Test. Stablecoins generally are not considered securities because their value is pegged, however, interest-bearing stablecoins could complicate this assessment. However, Circle (issuer of USDC) asserts that stablecoins function as currency substitutes, lack profit potential from issuers' efforts and should not be see...

Tokenisation and Luxembourg's pioneering role - Luxembourg stands at the forefront of global financial innovation, pioneering asset tokenisation through robust regulatory frameworks. Its Blockchain Laws I, II and III provide clear guidelines for DLT integration in securities management, ensuring legal certainty and operational efficiency. Regulatory alignment under MiCA further supports digital asset growth, overseen by the Com...

Jack Dorsey’s love of Bitcoin - in 2018, Jack Dorsey predicted that Bitcoin would be the world’s single currency in ten years. Although, back then, he acknowledged that Bitcoin currently lacked the capability to be an effective currency, he hoped that advancements in technology would solve these problems. Ten years from then would be 2028, a mere four years away from now. And, despite criticisms and his alternative vision of Web5, ...

40% of the world’s population are gamers, so what role do blockchains play? - the gaming industry boasts a vast global audience with over 3.1 billion players worldwide, encompassing nearly 40% of the population. Blockchain technology is revolutionizing gaming by enhancing security and offering novel monetisation avenues through play-to-earn mechanics. Blockchain's decentralized nature ensures transparency and efficiency in even...

Motorsport has always been a game of precision where every millisecond can determine the outcome of a race. Team leaders require accurate data points to make informed decisions and choice the optimal strategy and vehicle for a driver. This precise information is essential for tailoring strategies to the driver's strengths and ensuring the best possible performance on the track. Blockchain technology, with its ability to provide...

Making micropayments using cryptocurrencies and stablecoins - micropayments using stablecoins and cryptocurrencies are poised to revolutionise the creative economy by enabling low-cost, efficient transactions. This democratises revenue, allowing more artists to earn sustainable incomes - even with smaller audiences - as well as reducing reliance on traditional channels. Blockchain-based systems improve data transparency and control...

More and more jurisdictions and financial institutions are adopting the use of digital assets that are powered by blockchain technology. The deployment of these tokenized assets that can trade 24/7 offer existing infrastructure providers, such as custodians, real challenges as they have to create new systems processes and procedures to embrace these new digital assets. Whilst much work has already been done, further legal and regul...

Decentralized Autonomous Organizations (DAOs) are digital entities operating on decentralized ledger technology, where code, rather than humans, makes decisions. Linking a DAO to a legal entity provides legal status and liability protection, crucial for contracts, employment and financial operations. Without this linkage, DAO-members risk personal liability for the DAO’s debts. Therefore, DAO-entrepreneurs are advised to incorporat...