Ant launches blockchain-based cross-border trade platform

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Ant launches blockchain-based cross-border trade platform

Chinese fintech giant Ant Group has unveiled Trusple, a blockchain-powered global trade and financial services platform.

The Week On-chain – Opportunity? Or a Trap? – Week 4 2023 (Bitcoin Onchain Analysis)


�� Recovering From a Bitcoin Bear Dashboard: https://glassno.de/recoveringbear
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�� Realized Profit Loss Dashboard: https://glassno.de/3H6c8dz
�� Pricing Models Dashboard: https://glassno.de/3J9hVkW

The recent market rally pushed BTC prices above $23k, and surprised many investors. However, alongside higher prices, comes increased motivation for holders and miners to take exit liquidity, especially after a prolonged and painful bear.

�� Written Report: https://glassno.de/3WjvlxP
�� Live Dashboard: https://glassno.de/3XtNXwg
�� Forum Market Pulses: https://glassno.de/3D0uqfC
��️ Visit Workbench Pre-sets: https://glassno.de/3e7ngMv

Analysis tools for navigating bear markets:
– Assessing the expansion out of key pricing models.
– Returning of the market to a degree of profitability.
– Short-Term Holders and Miners taking the opportunity.
– Long-Term Holders hanging onto the supply they have.

Getting Started with Glassnode:
�� Navigating Tops and Bottoms: https://glassno.de/3OpgSgA
⛓️ On-chain Activity: https://glassno.de/3xXM13Q
⛏️ Mining Fundamentals: https://glassno.de/3nnfL5m
�� Supply Dynamics: https://glassno.de/3NyhPlK
��️ Introduction to Lifespan: https://glassno.de/3ehCmzn
�� Realized and Unrealized Value: https://glassno.de/3ExnCa1
�� Long and Short-Term Holders: https://glassno.de/3QLUzCt

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Timestamps
0:00 Introduction
3:03 Price Action Overview
3:56 Delta and Investor Compression
5:55 Percent Supply in Profit Cycles
9:28 Realized Profit and Loss
10:48 Short-Term Holders in Profit
11:55 Spent Volume Age Bands
13:00 Realized Profit/Loss Overview
16:15 Long-Term Holder Behavior
18:58 Old and Young Supply Realized Price
21:31 Old Supply Net Position Change
22:56 Puell Multiple
24:00 Miner Balance Change
25:05 Summary and Conclusions

About:
The Glassnode video report provides a weekly analysis update of the trends, performance, and onchain metrics for Bitcoin and the crypto market.

Disclaimer:
This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.

Blockchain Technology Is Disrupting Online Financial Trading And Eliminating Fraud


http://spectretrading.com Broker-less trading markets for forex, commodities, stocks, cryptos and other assets being launched on the blockchain are emerging as a kinder, fairer and potentially more lucrative market for traders. Decentralized exchanges are not only eliminating broker fees but also solving the main challenge of online trading and cryptocurrency exchanges: a lack of liquidity. An alternative to trading exchanges, prediction markets are like manna from heaven, with at least one blockchain trading platform providing deep liquidity pools.

What all blockchain trading platforms have in common is the elimination of the broker. Traditionally, trading has been a zero sum game. When brokers match orders, they take the other side of the trade. If the trader wins, the broker loses, and vice versa. This model gives brokers an incentive to manipulate fees and trading outcomes, and delay payments. In the foreign exchange markets, 60–70 percent of retail traders lose money, and up to 80 percent abandon FX trading within a year.

Eliminating the middleman reduces all forms of financial fraud, a multi-billion dollar problem in a range of trading verticals every year. Both Blockchain exchanges and peer-to-peer prediction markets are designed to dis-intermediate the broker. Blockchain technology removes B-Book brokerages and replace them with immutable smart contracts. Blockchain technology is addressing a major need with prediction market platforms by preventing many forms of global financial fraud.

http://spectretrading.com SPECTRE, short for speculative tokenised trading exchange, is a dramatically different approach to the classic, fraud-ridden financial trading model where brokers regularly tamper with platforms, engaging in unethical behavior with financial traders and clients. Examples of this behavior include tampering with price feeds, slippage, freezing withdrawals and trading on the client’s behalf without permission. Instances of fraud are rife across the binary options, forex and online trading industry with regulators across the globe struggling to contain the problem.

SPECTRE, built ground up on the Ethereum blockchain, removes the financial broker out of the equation entirely and through the creation of novel, private escrow smart contracts along with a decentralized, autonomous liquidity pool, removes the need for deposits as well. This means that traders around the globe can engage with the financial markets, be it binary/digital options or trading FX and other asset classes, without human intervention. The Ethereum blockchain allow SPECTRE to disrupt the classic trading model and remove the broker out of the picture entirely. The conditional, decentralized and autonomous liquidity pool that is owned by the public (not SPECTRE) and rewards the public in the form of dividends, brings a new era of transparency into global financial trading. Traditional financial trading scenarios see traders trade directly against the broker’s balance sheet, creating a range of conflicts of interest and moral hazards. Financial fraud in trading is a multi-billion dollar problem each year. The Spectre platform solves this problem.

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Ants Accelerate – Alibaba’s Blockchain Arm Goes into Overdrive


Ant Group, the blockchain and e-pay subsidiary of Chinese tech giant Alibaba, is accelerating its business operations with the launch of a new cross-border trade blockchain platform, stepping up its bid to go public – and has sealed a key deal with the busiest container port on the planet. Ant, which also operates the Alipay e-payment platform, has dubbed the platform Trusple, and will debut it on the Ant-developed Antchain blockchain network, the company said in their press release. The firm will allow exporting and importing firms to place trading orders on Trusple, which will then automatically create smart contracts, including logistics-related information – allowing banks to process payments on the network.”Trusple was designed to solve problems for SMEs and financial institutions involved in cross-border trading,” Guofei Jiang, President of Advanced Technology Business Group, Ant Group, was quoted as saying in the announcement. Global e-commerce sites, including Alibaba’s AliExpress, could make use of the platform, Reuters said. It added that a “blockbuster” initial public offering (IPO) is slated for next month, with “plans to list simultaneously in Hong Kong and on Shanghai’s tech-heavy STAR Market next month.” The Ant listing, the news agency added, could be the world’s IPO, “surpassing oil giant Saudi Aramco’s USD 29.4bn float” in December last year. Ant is aiming to generate USD 35m from its own IPO bid. But the Ant action does not stop there. Per Shanghai Securities News, the Shanghai International Port Group (SIPG) also wants in. The group operates the Port of Shanghai, the busiest container port in the world for the past decade or so, per World Shipping Council figures. The new deal will see SIPG work with the Ant Group on a number of blockchain-powered logistics and shipping projects, including smart port construction drives, cross-chain interoperability solutions for firms and ports that operate on different blockchain networks and work on “solutions that provide the efficient flow of digital assets and enable multi-party collaboration with financial institutions.”Meanwhile, as reported earlier this month, Alibaba has published 10 times more patents than IBM this year alone.___Learn more: Ant Group Explains What its 100m per Day ‘Digital Assets’ Uploads Are

All data is taken from the source: http://cryptonews.com
Article Link: https://cryptonews.com/news/ants-accelerate-alibaba-s-blockchain-arm-goes-into-overdrive-7817.htm

#ant #newsheadlines #newsworldtoday #newstodayoncnn #usnewsworldreport#newsworld #kingworldnews

Blockchain & cross-border payments by Will Madden


William Madden is CEO and founder of Bridge21, a money-transfer company that uses Bitcoin in its strategy for giving customers a cheaper, faster, easier way to send fiat from one country to another. Currently dollars are sent from the U.S., processed as Bitcoin, and received as pesos in Mexico. Plans are underway to support many other currencies in the global $300-billion fiat-money-transfer market. Prior to founding Bridge21, Madden developed financial technology and or led teams at Western Union, First Data, and Paymap—including designing and building front and back-end systems of prepaid, point-of-sale, and other financial products; developing and managing operational processes; handling C-level negotiations; expanding capacities of call centers and back-offices; monitoring and improving operations efficiency; resolving and preventing high-risk and critical operational issues; preventing fraud; conforming to global regulations; and integrating U.S. point-of-sale infrastructures into major international networks, among other things. Madden has managed financial-enterprise projects with multimillion-dollar budgets for implementation all over the world.