Gartner

Top Trends in Blockchain Technology; inching towards Web 3.0

There’s no shortage of news about mega digital commerce players controlling the algorithms that guide our daily actions and thoughts.  See Amazon Changed Search Algorithms in Ways to Boost its Own Products and Google under antitrust investigation by 50 attorneys general Thankfully, there is also plenty of
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Public Cloud Soaring To $331B By 2022 According To Gartner

Public Cloud Soaring To $331B By 2022 According To Gartner

Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, attaining a compound annual growth rate (CAGR) of 12.6%. Spending on Infrastructure-as-a-Service (IaaS) is predicted to increase from $30.5B in 2018 to $38.9B in 2019, growing 27.5%
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Reuters news

World’s central banks tackle technology with innovation hub

ZURICH (Reuters) – Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements.

The BIS said the intention of the hub, which will be based in Basel, Hong Kong and Singapore, is to improve the functioning of the global financial system and it will identify and develop insights into trends in technology affecting central banking.

Facebook’s plan to expand into payments and launch its own Libra cryptocurrency were not mentioned in the BIS statement, but the social media giant’s move has helped crystallize opinion among central bankers on the urgency of coordinating regulatory responses to financial technology trends.

“The IT revolution knows no borders and therefore has repercussions in multiple locations simultaneously,” BIS Chairman Jens Weidmann said in a statement following the decision to create the hub at a BIS board meeting.

The hub will focus on helping central banks to “identify relevant trends in technology, supporting these developments where this is consistent with their mandate, and keeping abreast of regulatory requirements with the objective of safeguarding financial stability,” he added…

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Reuters Tech News
Reuters is an international news organization. It is a division of Thomson Reuters and has nearly 200 locations around the world. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.
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Gartner

Top Trends in Blockchain Technology; inching towards Web 3.0

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There’s no shortage of news about mega digital commerce players controlling the algorithms that guide our daily actions and thoughts.  See Amazon Changed Search Algorithms in Ways to Boost its Own ...

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