#CryptoCorner Episode 459: Bank of Thailand Launches Savings Bonds Platform on IBM (NYSE: $IBM) #Blockchain and #Bitcoin Volatility at 23-Month Low

#CryptoCorner Episode 459: Bank of Thailand Launches Savings Bonds Platform on IBM (NYSE: $IBM) #Blockchain and #Bitcoin Volatility at 23-Month Low

 


Point Roberts, WA, Delta BC October 5, 2020 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2020/100520-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/10051Thailand-IBM.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NYSE:IBM)

 

The Bank of Thailand has launched the world's first blockchain-based savings bonds platform on the IBM (NYSE:IBM) Blockchain. The technology, leveraged from IBM Cloud, streamlines the bond issuance process, reducing its cost and operational complexity. Patama Chantaruck, VP for Indochina Expansion and MD of IBM Thailand, said:

 

"Bank of Thailand's success with the government savings bond project is the latest example of how blockchain technology can redefine the way businesses operate by simplifying complex processes resulting in fast, transparent, secured and efficient multiparty collaboration. IBM is proud to bring our world-class blockchain platform and IBM Cloud to support Bank of Thailand, and work side-by-side with them in achieving this important milestone for Thailand's financial industry."

 

The European Central Bank (ECB) recently published a report exploring the concept of a digital Euro currency. The following excerpt from the report’s executive summary outlines some of the impetus behind the project:

 

A digital euro could support the Eurosystem’s objectives by providing citizens with access to a safe form of money in the fast-changing digital world. This would support Europe’s drive towards continued innovation. It would also contribute to its strategic autonomy by providing an alternative to foreign payment providers for fast and efficient payments in Europe and beyond.

 

Elsewhere in the report, the authors contrast the idea of a digital Euro with that of stablecoins and cryptocurrencies, characterizing the latter variously as being “mostly unregulated,” and “highly volatile because crypto-assets lack any intrinsic value.” An excerpt reads:

 

All forms of “stablecoins”, aim at keeping their value stable over time, but this can only be guaranteed by a digital euro.

 

On the subject of volatility, however, a recent piece from CoinDesk indicates that Bitcoin’s (BTC) volatility reached a 23-month low on Sunday and that in the past 30 days dropped 43 percent. Moreover, even with a week of potentially destabilizing news – like President Trump’s testing positive for COVID-19 – Bitcoin only saw less than five percent drop.

 

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

The Crypto Corner is part of the Investor Ideas Membership content

 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

 

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android  

 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800-665-0411

 

 



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 

 

 

 

 

 

Comments

Post a Comment