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Tag: Ethereum

FTX’s collapse wipes out nearly $1 billion in investor assets
Business

FTX’s collapse wipes out nearly $1 billion in investor assets

FTX’s collapse wipes out nearly $1 billion in investor assets - CBS News Watch CBS News The collapse of FTX, one of the largest cryptocurrency exchanges, is reverberating around the financial world as investors reportedly lost nearly $1 billion in assets. The company filed for Chapter 11 bankruptcy. Astrid Martinez has more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link
Crypto exchange FTX files for bankruptcy
Business

Crypto exchange FTX files for bankruptcy

Crypto exchange FTX files for bankruptcy - CBS News Watch CBS News The cryptocurrency world is reeling after the meltdown of one of its most popular trading platforms. The exchange FTX filed for bankruptcy protection as fallen crypto-king Sam Bankman-Fried stepped down as CEO. Vladimir Duthiers has the details. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link
4 Ways Blockchain Technology Will Change Leadership
Technology

4 Ways Blockchain Technology Will Change Leadership

Blockchain technology provides a decentralized, secure way to store and manage data, enabling new levels of transparency and collaboration that transform strategies and operations. With blockchain technology, organizations can create a shared, tamper-proof database to track transactions, assets, and interactions among parties. This provides a single source of truth that everyone can trust, eliminating the need for costly intermediaries and manual reconciliation. But leaders must take a strategic approach to ensure that their organizations can reap the full benefits of this transformational technology. ISTANBUL, TURKIYE - OCTOBER 21: Turkish President Recep Tayyip Erdogan speaks at the BlockChain ... [+] Istanbul program at the Cemil Bilsel Conference Hall of Istanbul University. (Photo ...
Blockchain as a resource; how the technology can bring about a new definition of Enterprise Resource Planning
Technology

Blockchain as a resource; how the technology can bring about a new definition of Enterprise Resource Planning

As blockchain-based applications evolve it is believed that technology’s decentralised and distributed ledger protocol can help with enterprise resource planning (ERP), which refers to the integrated management of main business processes. According to Ultra Consultants, a business management consulting firm, business value addition of blockchain is expected to exceed $176 billion by 2025, and will go past $3.1 trillion by 2030. Insights from Fortune Business Insights, a market research-based company, showed that the global blockchain-as-a-service (BaaS) market size stood at $1.90 billion in 2019 and has been projected to reach $24.94 billion by 2027, at a compound annual growth rate (CAGR) of 39.5%.  “Many companies use ERP systems to streamline their business processes. Blockchain a...