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December 17, 2020
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JP Morgan Chase & Co. Is a US-based multinational company. It deals with financial services and investment banking. Above all, it is the largest bank in the US by total assets. It is the most valuable bank by market capitalization in the world. It has its headquarters in New York City. JP Morgan is one of the Big Four banks of the United States of America. It deals with wealth management,
private banking, investment banking, and many others. It works as a universal bank as well as a custodian bank. The bank has the third-largest hedge fund in the world.

Bitcoin purchase
Bitcoin is flourishing since the last decade. The value of Bitcoin is increasing rapidly. Many investors are getting attracted towards it. Big investment firms are putting their money into it. A spokesperson has told that the company is expecting interest from Bitcoin. This could be an all-time high return for the company. The estimate is at $600 billion. Nikolaos Panigirtzoglou is a JP Morgan Analyst. He said that due to this, MassMutual has made a huge Bitcoin purchase. Due to MassMutual’s purchase, many companies are trying to invest in bitcoin.
MassMutual
MassMutual is the Massachusetts Mutual Life Insurance Company. It is an American company. It deals with mutual life insurance. The company has five million clients. It has more than 7000 employees in the US. Its headquarters is in Springfield, Massachusetts. Its trading name is MassMutual Financial Group. The company offers life insurance, long-term insurance, retirement plans, and others. George W. Rice is the founder of the company. Currently, Roger W. Crandall is the CEO of the company.
The effect
Due to the above, there is a rise in the purchase of Bitcoin. There is a high demand for Bitcoin in the market currently. Many social and commercial groups are trying to acquire Bitcoin. Insurance firms, wealthy investors, investment cooperation, and many others are investing in Bitcoin. The purchasing capacity might differ from company to company. But a small percentage will also make a difference to the Bitcoin market.
The above-mentioned incidents have a larger effect on the economy. Many other firms and cooperation are following
MassMutual’s path. They are also trying to enter the Bitcoin market. They are investing in Bitcoin. Many insurance companies and pension funds will be investing in Bitcoin in the future. So, the purchase of Bitcoin by MassMutual is a milestone. However, due to regulatory policies, these firms are unable to invest larger amounts. The high risks involved and liability discrepancies are their obstacles.
Final Analysis
The cryptocurrency community provided their thoughts on these recent incidents. Jamie Damon is the CEO of JP Morgan Chase. He was not in the favor of Bitcoin and criticized Bitcoin in 2017. This didn’t go well with cryptocurrency investors and commentators. The CEO has told that Bitcoin is a fraud and it will blow up someday. He also added those investing in it, will have to pay the price one day. However, later he regretted making those comments and investing in Bitcoin.
December 15, 2020
Blockchain has become a fairly common name these days. Do you have a background in computers? Or have worked in banking or finance? Then you must have come across the term ‘Blockchain’. There is a deep association between blockchain and cryptocurrency. It is all but an entangled web which might not seem too simple to many people.
Are you someone who wishes to learn about blockchain? Or want to polish your knowledge about blockchain? Then Blockchain Fest 2021 is the place to be. This elaborate two-day fest, presented to you by FINEXPO, is in June of 2021. The main of this mass scale European event is Blockchain.
In addition, Exchanges, Cryptocurrencies, Decentralized finance, Mining, Online Payments, and Investment are other interesting topics of this Fest. You can visit the official Blockchain Fest 2021 website and book your ticket at once.

What is Blockchain Fest 2021 all about?
Ever since cryptocurrency has come into being, it has been on an all-time rage. Cryptocurrency is the future and it only makes sense to keep up with it. This fest focuses majorly on the blockchain. Why? Because blockchain is likely to be one of the most significant and powerful B2B events. This can be a great opportunity to sharpen your skills. In addition, get ready for the dynamic future with the best tools by your side.
Why should you attend Blockchain Fest 2021?
The simple answer would be to learn about Blockchain. Above all, you will realize that in this event you will get to connect with the most advanced minds in this field. Blockchain fest 2021 has managed to gather top professionals and global leaders. In addition to this, it is a great opportunity for newcomers to learn the basics of Blockchain. This includes Cryptocurrency, Crypto exchanges, Decentralized Finance (Defi), Mining, Payment systems, and Investment.
Blockchain Fest 2021 is a great place to be. You will meet with some of the greatest faces in the Blockchain and crypto industry. Blockchain Fest 2021 is one of Europe’s biggest events. Many experts and investors from all over the continent will attend this event. An opportunity like this does not come by that easily.
Blockchain Fest 2021 intends to offer growth opportunities. This will be both at personal and professional levels.
There are many events organized. This includes exhibition booths, networking lounges, conferences, and workshops.

Still unsure about attending Blockchain Fest 2021? Consider these numbers.
Over 300 events, 500 speakers, and 3000 speakers and participants.
Blockchain Fest 2021: Essential information
Blockchain Fest 2021 would be in Parklane. It is a Luxury Collection Resort and Spa in Limassol. Blockchain Fest 2021 has an active website. It holds all the information an attendee would need. Over 1000, limited tickets are available for attendees. In addition, there are over 10,000 online spots for viewers. You can easily book a ticket online. There are four categories. Online, Standard, Business, and VIP. Each has its own advantages. In addition to this, if you book your tickets before 31st January, you will get a 50% discount.
December 15, 2020
eProvenance provides advanced technology solutions to preserve the high quality of wines. Apart from wines, it deals with perishable goods like fine arts, and other goods. Its technology helps to monitor and analyze various factors. They are temperature, humidity, and geolocation of the goods. The company provides advanced solutions to its clients. The company monitors the temperature, humidity, and geolocation of goods during storage and shipment. This actually helps its clients to know if the shipment gets damaged during transit. The clients know the status of the shipment through an
online dashboard. To access the dashboard, the clients need a computer, tablet, or smartphone. The company works with a large number of producers, importers, transporters across 65 countries. The company owns the patents for its technology.

IBM Blockchain
IBM is one of the leading blockchain providers across the globe. The company is the leader in open-source blockchain solutions. Due to this technology, the company provides the best cryptography to secure transactions. The company is implementing this technology in a number of different sectors. This technology is cloud-based. This technology provides all possible opportunities for the clients. They can develop, operate, and secure their own networks.
VinAssure – Blockchain-powered wine platform
VinAssure is the technology built on IBM’s blockchain transparency supply. It operates on the IBM cloud. In addition, it combines advanced technologies like blockchain, artificial intelligence, and the cloud. It is to give better results. It is for providing accurate information during shipment. The clients will have access to more information during the transit of wine.
The usage of this technology has a large group of consumers. They are wine producers, importers, distributors, and others. It will provide better access for tracking. Also, it shows its efficiency at any point in time. Hence, increasing the profit in the wine supply chain.
The first company to use this technology is De Maison Selections. It is a US-based company. It specializes in importing wines, ciders, and spirits from Spain and France. Other wine industries using this technology are Ste. Michelle Wine Estates and Maison Sichel.
The CEO of eProvenance is Robin Grumman-Vogt. He said that nobody would like a bottle of wine, which is
not of good quality. This happens when proper temperature conditions are not maintained during shipment. So, VinAssure helps to provide clarity to this complicated process of the supply chain. There are a lot of factors involved in the wine industry ecosystem.

Conclusion
eProvenance is an eminent technology innovator in the field of the wine industry. Its technology is to keep the wine fresh and of good quality. It maintains the temperature, humidity, and other factors. This is to make sure the wine is in good condition. All these factors are present during the storage and shipment of wines around the world. The tracking of the quality of wines is from its origin and till it reaches the end-users. For better results, blockchain is one of the best solutions. It provides transparency to the whole process of the supply chain. In turn, the best quality wine reaches the end-users. It reflects the immense effort from the production of wine till it reaches the consumer.
December 14, 2020
Since time immemorial, different methods of exchange has existed in the world. With the establishment of banking and financial institutions, new methods came to picture. In banking, coins, currency notes, debit cards, credit cards, cheques are present. With advent of software technology, digital currency came into existence. In the last decade, digital currency has flourished widely throughout the world. Cryptocurrency like Bitcoin has a lot of demand in the market. Due to the demand, the price of cryptocurrency is also increasing day by day. However, all this comes with a price. With the increased usage of digital currency, financial crimes are also increasing. Money launders and criminals are
using this to their benefit. So, there are talks going on for the introduction of a new payment system. That is central bank digital currency (CBDC). It is a digital currency, issued by the central bank of the country.

CBDC
The proposal of central bank digital currency was present since long time ago. But, no country has shown its interest in it until recently. Now the central banks around the world are considering this option due to the decreased use of cash. However, the major breakthrough came when Facebook declared its own digital currency “Libra”. Recently, few countries have started their work for the development of digital currency. In some countries, it is a proposed idea. In few countries, the development of digital is in progression. Due to the pandemic, many countries are taking digital currency into consideration.
Riksbank’s e-krona project
Sveriges Riksbank is the central bank of Sweden. It is one of the oldest bank in the world. The usage of cash has started decreasing since 2004 in Sweden. As per a latest survey, cash usage is only 13% in household payments. Due to this, the central bank started exploring the option of digital currency in 2016.
In 2017, the proposal for e-Krona project started. The bank started developing the digital currency. The project has a three-phase action plan. Currently, the project is in its third stage. The bank has partnered with Accenture for this project. The company is developing deposit and transfer option of the digital currency. The bank has collaborated with R3 ledger firm. It will be using the firm’s platform “Corda” for the testing of the digital currency. The pilot batch will be ending by February 2021.
Pilot batch development
The digital currency ‘e-Krona’ was recently rolled out to its pilot users. The pilot users are the trusted financial
intermediaries. The distribution of e-Krona to the user’s digital wallets is through participant nodes. The debit and credit transactions will happen through participant nodes. The development of a central database to keep e-Krona accounts also existed.

Conclusion
It would be interesting to see the success of e-Krona. If this becomes successful, it will the first accepted central bank digital currency. Many central banks around the world are trying to create their digital currency. The future for digital currency seems to be bright with the development of e-Krona.