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Investment in new tech by businesses is likely to increase despite uncertainty from the coronavirus pandemic, new research suggests.
A survey of IT professionals by CWJobs as part of its annual Confidence Index found that almost half (49%) of senior staff believe they will increase their tech budget in the wake of the outbreak.
Facebook has changed the name of the digital wallet to be used with its new cryptocurrency, the latest in a number of changes to the digital currency and its ecosystem.
The virtual wallet associated with the Libra virtual currency will now be known as Novi.
When first announced last year, the wallet was known as Calibra.
The change is the latest in a series of tweaks to the Libra network since its unveiling last June, following intense scrutiny from global banks and regulators.
While the term “digital asset” is cropping up more and more in the media and financial markets, it remains shrouded in uncertainty. Despite growing awareness of “digital assets”, many remain uncertain as to what the term means, and whether there is real value in this nascent market.
This is undoubtedly the result of the chequered history of the digital asset and cryptocurrency space. These terms have been viewed as somewhat interchangeable, leading to confusion and misconceptions surrounding the nature, purpose, and viability of digital asset classes across industries.
A Google search for “blockchain” brings up nearly 300 million results. Try finding “understanding blockchain” and you’ll find a mere 152,000 references.
And there’s the innovator’s dilemma. While there’s no shortage of commentary on blockchain from supporters as well as detractors, the clash of opinions, information and misinformation has made it difficult for even a general tech enthusiast to figure out what blockchain is and isn’t.
These are five of the most prevalent myths debunked.