There has been no shortage of news regarding trust issues in the cryptocurrency sphere. For example, the recent death of QuadrigaCX CEO Gerry Cotten revealed that he personally held the keys for the company’s reserves and they were lost, leaving platform users dependent on the Canadian justice system for a solution.
It’s no secret that the collection and analysis of diverse data streams is only increasing across enterprises. Through the immutable digital ledgers they create, blockchains can streamline data operations and introduce new levels of transparency and security.
blockchain protocol designed to host industrial-scale decentralized
applications (DApps) and launched this summer following a $4 billion initial
coin offering (ICO), has created no shortage of buzz in the enterprise
blockchain space. If fully realized, it could be an incredible tool for large
corporations to begin reaping the benefits of decentralization. However, its
delegated-proof-of-stake (DPoS) consensus model and some hiccups around how
this functions have been controversial.
answers to some of the most pressing questions around EOS, we spoke with Thomas Cox,
executive director of the EOS Alliance, and Myles Snider, CEO of Aurora EOS, an EOS block producer.
Last month, the financial services
company Fidelity Investments announced “Fidelity
Digital Asset Services” (FDAS), a subsidiary limited liability
corporation focused on bringing cryptocurrency trading to institutional
investors, including hedge funds, pensions and endowments.
The company will offer custody for
digital assets to support bitcoin, ether and an unnamed variety of altcoins
offline, in vaulted, deep cold storage. This new corporation will also offer a
cryptocurrency platform and advisory service for institutional clients 24 hours
a day, seven days a week, apace with the constant trading cycle of