Mallikarjuna Naidu

Top 24 Web3.0 trends for Enterprises in 2024 Block Stack Prasanna Lohar India Blockchain Forum FSV Labs FSV Capital Hyperledger India Chapter Hyperledger Foundation Daniela Barbosa #web3 #blockchain #trends #technology Download here : https://lnkd.in/gjUvvzxP

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Hyperledger India chapter now > LF Decentralized Trust India Chapter!! #blockchain #hyperledger #india

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I am speaking at "Fintech Future Summit Mumbai - Revolutionising Finance: Fintech’s Impact on India’s Economy" on 23rd Oct. The Fintech Future Summit Mumbai is more than just a conference; it’s a launchpad for global expansion and a catalyst for groundbreaking financial technology solutions. This dynamic event brings together the brightest minds and most influential leaders from across India, UAE, and Saudi Arabia, fostering connections and igniting deals that drive growth. Demystifying Fintech:Fintech, a rapidly evolving field, promises to revolutionise how we manage and interact with finances. Here are some key elements that will be explored at the summit: Digital Payments. Open Banking & APIs. AI & Blockchain. Cybersecurity. #blockchain #fintech #digitalassets #tokenization #cbdc #banking https://lnkd.in/dAgWdmvJ The Financial FSV Capital FSV Labs LF Decentralized Trust India Chapter MOI Technology Snapper Future Tech

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Cryptocurrency exchange WazirX faced a significant security breach today, July 18, leading to withdrawals of around $234.9 Mn in the early European hours. The breach affected the Safe Multisig wallet on the Ethereum network, causing the loss of user funds. #cryptocurrency #securitybreach #hacked #crypto #security https://lnkd.in/gf4RMGXX WazirX QuillAudits ➡️ Web3 Security 🥷🛡️ Preetam , QuillAI Network 🥷🏄

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LF Decentralized Trust India Chapter is coming up with another exciting event of 2024 during India blockchain week in Bangalore. #blockchain #india #web3 #community #hyperledger #decentralizedtrust LF Decentralized Trust Daniela Barbosa Julian Gordon David Boswell Vikram Sharma

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Mitigating Risks in Tokenized Securities and CBDC Integration : Role and importance of technologies like blockchain and international collaboration as guests share case studies and lessons learned from the project. #blockchain #cbdc #tokenization https://lnkd.in/guMuvWaz

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US-based crypto custody firm BitGo is in talks with India’s Financial Intelligence Unit (FIU) to expand into the country’s growing digital asset market. https://lnkd.in/d7Tp_ZP6 #crypto #bitcoin #btc #blockchain #bitgo #india #fiu #digitalassets

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Will CBDC become a double-edge sword for India? With UPI as strong digital faster payment system is challenging CBDC adoption as users , banks are not finding right use cases , value of their ROI on CBDC infrastructure. Other countries don’t have faster payment system like UPI so there is need to retail CBDC but India UPI is challenging the adoption. What possible solution for adoption: 1. Incentives to users , banks for building on CBDC 2. There are many use cases in pCBDC( programable CBDC) but for that banks need to innovate and involve startups to think beyond traditional use cases. 3. Central bank should focus on developing right business model, UPI subsidy reduction, increasing CBDC incentives and focus on other use cases in wholesale CBDC. 4. Integration with existing payment systems, banking systems with CBDC infra #blockchain #cbdc #digitalcurrency #upi #usecases Prasanna Lohar FSV Capital FSV Labs Atlantic Association of CBDCs CBDC Read more at: https://lnkd.in/dJXuqfiy

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Self-Custody of Assets is crucial in the wake of the recent Wazirx hack. It means having complete control over your crypto assets without depending on exchanges. By owning your private keys, you are the sole owner of your assets. #Crypto #SelfCustody #CyberSecurity

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Bank for International Settlements – BIS project Dynamo- CBDCS, Stablecoins, AND Deposit Tokens, wholesale adoption, exploration and challenges #cbdc #stablecoins #deposittokenization #tokenization Prasanna Lohar Bank for International Settlements – BIS FSV Labs FSV Capital

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Fully support BWA's stance! India's regulatory clarity will foster innovation and secure investor confidence. Let's champion balanced policies that empower the blockchain revolution while ensuring robust safeguards. https://lnkd.in/dD7RjffV

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India-based crypto exchange company CoinDCX has acquired the UAE-based virtual assets trading platform BitOasis, for an undisclosed value. The acquisition marks CoinDCX first investment the MENA region. Founded in 2016 by Ola Doudin, BitOasis is MENA’s first and largest crypto asset exchange. It is available in 15 countries across the region, allowing its users to buy, hold and sell 60+ cryptocurrencies. Meanwhile, CoinDCX, founded in 2018, is a crypto exchange in India that provides 15 million users easy access to Web3 experiences and democratizes investments in virtual digital assets. CoinDCX, along with Wamda Capital and Jump Capital, had previously invested in BitOasis in August 2023. Full release here: https://lnkd.in/esem9nCw #MiddleEast #UAE #Crypto #Web3

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India Blockchain Week (IBW) 2024: A Grand Showcase of India’s Web3 Growth India Blockchain Week (IBW) Conference India Blockchain Week (IBW) 2024 returns to Bangalore, promising a vibrant celebration of the country’s thriving Web3 ecosystem. This event, scheduled from November 30th to December 8th, 2024, will feature over 100 Web3 events, bringing together industry leaders, developers, investors, and innovators from around the world. Following the resounding success of its 2023 edition, IBW aims to cement India’s position as a global blockchain hub. https://lnkd.in/eJ8BkS8n #IBW2024 #IndiaBlockchainWeek #BlockchainIndia #Web3Ecosystem #ETHIndia #CryptoIndia #BangaloreEvents #BlockchainInnovation #Web3Builders #CryptoConference #IBWHackathon #BlockchainAdoption #IndiaStartups #HashedEmergent #Polygon

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Bank for International Settlements – BIS | Bank of England - Project Pyxtrial – Monitoring the backing of stablecoins Source: https://lnkd.in/gBh9q6dJ #bis #uk #boe #project #pyxtrial #stablecoins #digitalmoney #backing #reserve #monitoring #comprehensive #reference Credits: Francesca Hopwood Road Matthew Osborne Irina M. Eryk Walczak Rudolf Biczok Darko Micic Michael Stutz Simona Lambrinoc-Schanz Micah Smith Maha El Dimachki Andras Valko Cecilia Skingsley Denise Garcia Ocampo Chiranjit Chakraborty, PhD, FRM, MBA Jennifer Enwezor Amy Lee Will Parry Matthew Leong Lucia Resca Hien-Anh Tran Sasha Mills Tom Mutton Elina R. Highlights: Project Pyxtrial had two key objectives: 1. To consider from first principles a technology-first approach to the supervision of digital assets that might come within regulatory scope, as such a solution would alleviate supervisory pain points around the irregular, historical and time-bound way in which data are received; 2. Specific to stablecoins, which are at the interface between traditional finance and cryptoassets, to test the hypothesis of how to start supervising them and to see whether this approach could provide a useful roadmap for learning how to supervise this new type of asset class. The development has shown how a rapidly developed technological solution can support regulators by tracking liabilities and assets in near real-time. In this way, supervisors would be able to monitor whether stablecoins are always fully backed. Pyxtrial has also provided insights into the efforts needed to build a backend solution that can enable supervisors to engage with on-chain and off-chain data in a way that helps them meet their remit. While Pyxtrial was developed specifically for stablecoins, it might prove useful for other digital assets that are backed by real-world assets – as has begun to happen with, for example, US Treasuries or tokenised securities – as its approach mirrors what would be needed: ensuring that the on-chain liabilities of a tokenised security are matched by its off-chain assets. On-chain data for stablecoins, therefore, might well include assets as well as liabilities. While Pyxtrial has proven successful as a PoC, implementing it as a solution will bring its own challenges One reason is that regulators and supervisory authorities around the world have different technology setups. For this reason, Pyxtrial used a modular, customisable approach. Another is because implementing and operating Pyxtrial as a working solution, like any other business tool, requires the right business change talent in place to communicate to, engage with and support the staff who will use it. Like any other PoC, Pyxtrial needs to be further tested and refined before it can be deployed. This process is under way.

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Tokenization of Real World Assets #RWA converts physical assets like real estate into digital tokens on a blockchain, enabling fractional ownership and diversification. The key strength of #RWA is its independence from cryptocurrency market volatility. Unlike speculative crypto assets, #RWA derive value from the stable, intrinsic worth of the underlying physical assets. This ensures they remain profitable and functional regardless of #Bitcoins performance or market trends, providing consistent returns through asset appreciation, profit share, or interest. Thus, tokenized (Real world assets) offer a resilient investment option in both bullish and bearish markets. Follow Inova Group & Share on your network. #RWA #Tokenization #Blockchain #AssetDiversification

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