Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more
This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace.
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The IBM–Maersk blockchain effort was doomed to fail from the start
Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform.
Turkish automaker Togg onboards Metaco for crypto custody and governance
The partnership with Metaco will include using its digital asset custody and orchestration system, Harmonize, to safeguard the custody and governance of Togg’s digital assets.
HSBC and IBM create successful multi-ledger CBDC demo
The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex.
French central bank pilots blockchain-based CBDC for debt market
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM.