Global Securities Depositories to Study Crypto Custody

As reported, the main areas of interest of the project participants are the protection of  private keys and the tokenization of various assets
25 February 2019   317

A group of European and Asian Central Securities Depositories is conducting research into creating a joint infrastructure for storing digital assets, the results of which it intends to present at the Sibos banking conference in October. The main areas of interest of the project participants are the protection of cryptocurrency investors' private keys and the tokenization of various assets. This is reported by CoinDesk.

A new world of tokenized assets and blockchain is coming. It will probably disrupt our role as CSDs. The whole group decided we will be focusing on tokenized assets, not just blockchain but on real digital assets.
 

Artem Duvanov

Head of innovation, National Settlement Depository (NSD) of the Moscow Exchange Group

The International Securities Services Association (ISSA) cryptocurrency initiative was launched last year and currently includes more than 30 members. The key players in its next phase will be NSD, the Belgian financial services provider Euroclear, the Swiss stock exchange SIX and the Abu Dhabi Stock Exchange. According to Duvanov, their task at present is reduced to the formation of a “single vision” of the situation, and not to the creation of a full-fledged platform.

NSD architect Alexander Chekanov, who heads the working group for the security of crypto-assets, said that research related to tokenizedsecurities, definitely applicable to cryptocurrency.

So BNY Mellon would be there, HSBC, Standard Chartered, those types of banks. And of course a number of other European banks as well – again the usual suspects, BNP Paribas, Deutsche [Bank] and so on. 
 

Walter Verbeke

Global head of business model and innovation for the Euroclear Group

At the end of last year, Verbeke co-authored a study that describes the potential role of providers of infrastructure of financial markets in the cryptocurrency sector and the possibilities of interaction with custodian banks on the creation of an independent service for storing private keys.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   146

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.