[WuDo] Legal & Finance 4.0

China’s state-controlled media on Monday reported that the Alipay app has added a feature allowing transactions in the Digital Yuan. Alipay has over 700 million monthly active users in China alone.

“NFTs can ascribe a unique identification system to any object in the world — digital or physical. If you go on any ecommerce platforms, users are selling physical items with no ID identification,” says Nick Chan, founder and CEO of Refinable, an NFT marketplace on Binance Smart Chain, a blockchain network built for running smart contract-based applications. 

This is key to understanding the value NFTs create — the unique data means inherent, absolute exclusivity. 

Alors que l'intérêt pour le "crypto art" explose, certains détenteurs de NFT racontent avoir perdu leurs titres de propriété d'œuvres d'art du jour au lendemain. Cette situation résulte dans la grande majorité cas d'une décision prise par les plateformes gestionnaires, telles que SuperRare, Rarible... Elles peuvent ainsi unilatéralement décidée de "masquer" l'image détenue en réponse à une violation des conditions d'utilisation. Cependant, inscrits sur la blockchain Ethereum, les jetons existent toujours en réalité. Cette situation souligne le peu de fiabilité de ces titres de propriété dont la valeur est plus symbolique qu'autre chose.

Simple is shutting down, and there aren't really any great alternatives out there in the US. But what about the other side of the pond? Europe

At first, banks were still granting limits in a few weeks, even though fintechs were doing it in seconds, and online. Over time, in order not to lose micro customers en masse, bankers began to get ready to “leap up”. In other words: to raise the standard of their services.

Banks and fintech companies: Fintech is the future. The financial sector is still in the hands of the banks, but for sure, things will change very soon

In contrast to many technology companies that think about regulatory risk, fintechs have to think about regulatory opportunity. 

Wharton MBA student looks at the two major trends that are shaping fintech lending in the USA today

Surveillance, souveraineté et propriété des données, tels sont trois enjeux cruciaux liés à la monnaie électronique, détaille la sociologue Jeanne Lazarus dans une tribune au « Monde ».

5 ateliers gratuits pour réussir la transformation digitale de votre service juridique : des sessions courtes et concrètes pour tout savoir !

Whilst many neo-niches are still in their infancy, it is already clear that they have the potential to deliver handsome returns for investors. With the industry moving forward at such a pace, investors must be focusing on the right trends at the right time. The time for neo-niches is now.

Fintech is seeing dollar signs. From blockchain to cryptocurrencies, Fintech is getting the attention of Venture Capital and other investors. In 2020, investment in Fintech reached $44bn and the future looks even brighter. But what is the difference between Fintech and a normal tech startup? How do you get into Fintech? And how do I start a Fintech startup?

Frappée par des cyberattaques ces dernières années, la cryptomonnaie IOTA cherche à retrouver son élan. Voilà ce que pourrait être la recette du succès, selon le fondateur de la fondation IOTA Dominik Schiener.

Côté stockage, le certificat anonymisé serait hébergé sur la blockchain IOTA, préférée à Bitcoin ou Ethereum pour sa rapidité, comme l’a précisé le CTO d’Ubirch

China is rolling out changes to monitor judges, streamline court procedures and boost judicial credibility that could result in the world’s first AI-integrated legal system.

China announced plans Friday to boost supervision of the country's huge fintech sector and beef up its anti-monopoly drive, months after a crackdown on the sector that dealt a severe blow to e-commerce titan Alibaba and tycoon founder Jack Ma.