The Confidential Consortium framework called Coco is an ethereum-based protocol that organizations can use to process information on the ethereum blockchain; Microsoft Azure's CTO says it can help enterprises scale their operations securely; explaining the benefits of the technology, Coco user, Tom Racette, vice president at Mojix, said: "Being able to run our existing supply chain Dapp code much faster within Coco framework is a great performance improvement that will reduce friction when we talk about enterprise blockchain readiness with our retail customers. Adding data confidentiality support without sacrificing this improvement is what will enable us to lead the digital transformation we are envisioning with smart supply chains." Source
Google, Apple, Facebook, Amazon, and Microsoft, or GAFAM as they are beginning to be know are continuing their move towards financial services; payments have become one area in particular where they have seen the tech giants making inroads; mobile wallets for in-store payments, money transfers between friends and even loans to small businesses; tech giants have only started to disrupt fintech as they look to become bigger players in consumers financial lives. Source.
This week, let's dive into the Apple augmented reality glasses leak, the Magic Leap $350 million financing, and the uncanny imagery created by Epic Games' Unreal Engine. We summarize and pull apart the thesis of the Metaverse -- a virtual world as realistic and economically important as our own -- and how media and financial companies should think about the opportunity.
Denmark based Saxo Bank announced a partnership with Microsoft to host the bank’s entire technology stack on the Microsoft Azure cloud; the bank said the partnership will allow them to ensure scalability, flexibility and security in the digital infrastructure; Kim Fournais, the bank’s founder and CEO, tells Banking Technology “Saxo Bank was a fintech long before the term was created, and it is a natural step for us to also pioneer cloud-based solutions in financial services.” Source.
Today, we’re joined by Angela Dalton to explore the fun and fantastical world that sits at the intersection of gaming, immersive technology, crypto and economics, namely, the Metaverse.
Angela is the Founder and CEO of Signum Growth Capital, an M&A advisory firm focused on emerging opportunities in fintech, especially blockchain, and digital media.
In this conversation, we discuss expectations for both recreation and work in a digital future, technological advances in recent years that underpin coming changes to immersive virtual experiences, the economics of virtual worlds and more.